Robotics And Discrete Automation Portfolio Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: General Electric, Omron, ABB, Mitsubishi Electric, Siemens, Yokogawa Electric

Registering a CAGR of 9.7% over the forecast period, the market value of Robotics And Discrete Automation Portfolio is expected to reach US$ 11,400 million in the year 2027.

Robotics And Discrete Automation Portfolio Market Overview

RPA and machine learning solutions, when combined with AI algorithms, can assist in dealing with unstructured and semi-structured data. Large enterprises are increasingly preferring invoice delivery via IT robotic automation, which will drive the market for IT robotic automation even further. With an increasing number of technological innovations and developments, a significant amount of customer support may be required in order to increase the value of the product, which has increased market demand for robotic automation.

Automation is being used to speed up production processes, increase efficiency, and cut costs in industries such as healthcare, telecommunications, insurance, travel, and banking. In a highly competitive market, businesses must reduce the time it takes to launch new products. Robotic process automation significantly reduces production timelines and finished product errors. The astounding growth statistics can be attributed to a combination of factors, including those mentioned above, as well as impressive advancements in industrial automation technologies.

Discrete automation is primarily concerned with the integration of high-quality engineering components (also known as sub-components) into far more effective and delicate end products. Materials are frequently transported physically in discrete production settings, such as "high-touch" labor situations. This technology aids in the management of numerous manufacturing processes and operations, resulting in high-quality production management.

A growing emphasis on increased efficiency and energy savings is expected to drive market growth. Discrete automation provides a control platform for increasing productivity, improving ease of use, and lowering costs, all with the goal of increasing economic growth. Growing population and urbanization are putting strain on infrastructure, which is expected to provide appealing development opportunities for the discrete automation market over the forecast period. This automation is used in a variety of industries, including pharmaceuticals, chemicals, mining, and pulp management, to name a few.

The renewables industry's effective promotion, as well as large expenditures in facilities for sectors such as water and wastewater, oil and gas, and electricity, are expected to drive industry growth throughout the forecast period. Various government initiatives around the world to promote the use of energy-efficient technologies are expected to boost industrial demand during the forecast period.

Who are the Major Players in the Robotics And Discrete Automation Portfolio Market?

The global Robotics And Discrete Automation Portfolio includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include General Electric, Omron, ABB, Mitsubishi Electric, Siemens, Yokogawa Electric, Schneider Electric, Rockwell Automation, Honeywell, Emerson Electric, Johnson Controls and others.

Industry News and Updates:

ABB Robotics & Discrete Automation outlines a profitable growth strategy.

2020-02-27—At an event for the financial community held at ABB's Solutions Center in Friedberg, Germany, the Robotics & Discrete Automation (RA) business presented its strategy to drive profitable growth. With the broadest portfolio of offerings, innovation strength, global footprint, and deep domain expertise, the company is well positioned to outperform the market, assisting customers in their transition to robotics and automation in existing segments while driving growth through expansion into new customer segments.

The RA business assists its customers in responding to key global megatrends such as skilled labour shortages, digitalization, global uncertainty, and consumer needs individualization. As a result, the business market is expected to grow twice as fast as global GDP annual growth in the mid-to-long term, from $75 billion in 2019 to $110 billion in 2025.

ABB has acquired ASTI Mobile Robotics Group in order to propel the next generation of flexible automation with Autonomous Mobile Robots.

2021-07-20— ABB announced the acquisition of ASTI Mobile Robotics Group (ASTI), a leading global manufacturer of autonomous mobile robots (AMR) with a diverse portfolio spanning all major applications enabled by the company's software suite. This will broaden ABB's robotics and automation portfolio, making it the only company with a comprehensive portfolio for the next generation of flexible automation.

What are the major Applications, Types, and Regions for the Robotics And Discrete Automation Portfolio Market?

The market is segmented based on the type, applications, companies, and regions.

By Type, it is segmented into

• Industrial Robot


• Machine And Factory Automation

By Application, it is segmented into

• Industrial Automation


• Robot


• Medical Care


• Aerospace


• Automobile


• Electronics


• Agriculture


• Chemical Industry


• Spin

Robotics And Discrete Automation Portfolio Market Regional Analysis

During the forecast period, Europe is expected to dominate the global industrial automation market share. The International Federation of Robotics (IFR) reported in January 2021 that Western Europe (225 units per 10,000 employees) and Nordic European Countries (204 units per 10,000 employees) had the highest robot density worldwide. Germany is the fourth most automated country in the world, with 346 units per 10,000 employees. These are some of the major factors that contribute to the region's dominance.

Asia Pacific is expected to grow at a rapid pace between 2022 and 2027. Japan is the world's largest manufacturer of robots and factory automation systems. The presence of robotics and factory automation products and manufacturing companies in Japan, such as Omron Corp., Yaskawa Electric, Yokogawa Electric, Mitsubishi Electric, and Nidec Corp., contributes to the region's industrial automation demand.

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• Asia-Pacific
  
  
  
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• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Robotics And Discrete Automation Portfolio Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Robotics And Discrete Automation Portfolio Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Robotics And Discrete Automation Portfolio Market report scope?

Scope of the Report covers Robotics And Discrete Automation Portfolio Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Robotics And Discrete Automation Portfolio Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.

Report Attributes	Report Details
Report Title	Robotics And Discrete Automation Portfolio Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: General Electric, Omron, ABB, Mitsubishi Electric, Siemens, Yokogawa Electric
Forecast Period 2022 to 2027 CAGR	CAGR of 9.7% over the forecast period (2022-2027)
By Type	Industrial Robot Machine And Factory Automation
By Application	Industrial Automation Robot Medical Care Aerospace Automobile Electronics Agriculture Chemical Industry Spin
By Companies	General Electric, Omron, ABB, Mitsubishi Electric, Siemens, Yokogawa Electric, Schneider Electric, Rockwell Automation, Honeywell, Emerson Electric, Johnson Controls
Regions Covered	North America Europe Asia-Pacific Rest of the World
Countries Covered	US Canada Germany France UK Italy Spain Rest of Europe China Japan India Australia South Korea Rest of Asia-Pacific Middle East & Africa Latin America
Base Year	2022
Historical Year	2017 to 2021
Forecast Year	2022 to 2027
Number of Pages	158
Customization Available	Yes, the report can be customized as per your needs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Key Takeaways from this Robotics And Discrete Automation Portfolio Report

• Evaluate Robotics And Discrete Automation Portfolio market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.


• Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.


• Get a quick outlook on the Robotics And Discrete Automation Portfolio market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.


• Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Robotics And Discrete Automation Portfolio Market is studied from 2017 - 2027.

What is the growth rate of the Robotics And Discrete Automation Portfolio Market?

The Robotics And Discrete Automation Portfolio Market is growing at a CAGR of 9.7% over the next 5 years.

Who are the key players in Robotics And Discrete Automation Portfolio Market?

General Electric, Omron, ABB, Mitsubishi Electric, Siemens, Yokogawa Electric, Schneider Electric, Rockwell Automation, Honeywell, Emerson Electric, Johnson Controls

What regions does this Robotics And Discrete Automation Portfolio Market report cover?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Robotics And Discrete Automation Portfolio Market?

Industrial Robot, Machine And Factory Automation

What are the major end-use applications of Robotics And Discrete Automation Portfolio Market?

Industrial Automation, Robot, Medical Care, Aerospace, Automobile, Electronics, Agriculture, Chemical Industry, Spin

 

All our reports are custom-made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.