$11.46 Bn Food Automation Market - Global Opportunity Analysis and Industry Forecast 2017-2022 - ResearchAndMarkets.com

DUBLIN--()--The "Food Automation Market - Global Opportunity Analysis and Industry Forecast (2017-2022)" report has been added to ResearchAndMarkets.com's offering.

Global food automation market is expected to grow at a CAGR of 7.1% from 2017 to 2022 to reach $11,468.7 million by 2022.

The food producers and distributors have been operating within narrow margins and high-quality standards. The increasing consumer demand has been a challenge for food safety and quality standards to the food manufacturing companies. The automated systems are a natural fit to raise profit and provide the customers with the improved quality of the product. These automated systems are available right from picking up the material to the end-line supply of the product, thus bringing food closer to the plate.

Following a comprehensive research on food automation and an in-depth analysis of the market scenario, the report carries out an impact analysis of the key industry drivers, restraints, trends, and challenges listed in the market dynamics segment. Increasing food safety regulations, rising demand for processed and advanced packaged foods, various technological advancements in the food industry, growing demand to improve productivity, and rising demand for reducing production cost are the key market drivers which will support the industry growth in the forecast period. However, high capital investment is the major pain point, hindering the growth of the market to some extent.

The report also includes the competitive landscape based on an extensive assessment of the key strategic developments adopted by the leading market participants in the industry over the past 3 years (2014-2017).

The key players in the global food automation market are

  • Rockwell Automation Inc.
  • Siemens
  • ABB Group
  • Yokogawa Electric Corporation
  • Mitsubishi Electric Corporation
  • Schneider Electric SE
  • Emerson Electric Co.
  • Fanuc Corporation
  • Destaco
  • JLS Automation
  • Yaskawa Electric Corporation
  • GEA Group
  • Proleit AG
  • Falcon Autotech
  • Food Automation Pty. Ltd

Scope of the Report:

Market by Mode of Operation:

  • Semi-automatic
  • Automatic

Market by Type:

  • Motors and Generators
  • Motor Controls
  • Discrete Controllers and Visualization
  • Rotary and Linear Products
  • Others

Market by Application:

  • Packaging and Repacking
  • Palletizing & Depalletizing
  • Grading & Sorting
  • Pick & Place
  • Processing
  • Others

For more information about this report visit https://www.researchandmarkets.com/research/68zz85/11_46_bn_food?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Food Processing, Industrial Automation

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Food Processing, Industrial Automation