Global Industrial Automation Market in Food and Beverage Industry 2015-2019
- Published: Sep 2015
- Pages: 67
- SKU: IRTNTR7385
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Research scope of the global industrial automation market in F&B industry
To calculate the market size, this research report considers revenues generated from the sales of industrial automation products such as distributed control systems (DCS), PLC (programmable logic controller), supervisory control and data acquisition (SCADA), and manufacturing execution systems (MES). Technavio’s market research analysts predict the global industrial automation market in F&B to grow at a CAGR of close to 10% over the next four years.
Most F&B manufacturers and producers are focusing on the safety and traceability of food products. The F&B industry is required to adhere to regulations and standards such as the food and drug administration (FDA) and hazard analysis critical control point (HACCP). Industrial automation products such as MES offer effective traceability of food products by keeping a record of data and integrating field devices such as sensors and remote terminal units (RTUs) directly with the enterprise resource planning (ERP) systems. These industrial solutions are useful for manufacturers to identify faulty links in their supply lines for improving product quality.
Market segmentation of the global industrial automation in F&B by products
Key findings of this market research analysis indicate the PLC segment is likely to reach a market size of nearly USD 1.29 billion by 2019. PLC is a microprocessor-based device that is used to control industrial processes in the F&B industry. PLC provides control over automation applications in the plant by maintaining direct connectivity with different field devices such as sensors, transmitters, and actuators. It receives commands and signals from field devices and other industrial systems through a control system communication protocol. It then uses various programming languages such as ladder diagrams, functional block diagrams, and instruction lists to facilitate smooth functioning in the plant.
Geographical segmentation of the global industrial automation market in F&B industry
The industrial automation market in F&B industry in EMEA is driven by increasing investments from countries such as Germany, France, Italy, the UK, and Spain. These regions are expected to increase their focus on automating F&B to counter rising raw material and energy prices.
Top companies in the global industrial automation in F&B
- Yokogawa Electric
The growing demand for processed and packaged food in developing countries presents an attractive market opportunity for the leading vendors of this market. Increased investments in the F&B industry in China will emerge as a key market driver for this market over the next four years. China’s 12-year plan calls for increased domestic consumption with tightened food and hygiene regulations.
Other prominent vendors in this market include Rockwell Automation, Metso, Mitsubishi, Omron, GE, Control Systems International, and Bharat Heavy Electricals.
Key questions answered in the report
- What are the key factors driving the global industrial automation market in F&B industry?
- What are the key market trends impacting the growth of the global industrial automation market in F&B industry?
- What are the various opportunities and threats faced by the vendors in the global industrial automation market in F&B industry?
- Trending factors influencing the market shares for China, Japan, and India?
- Key outcome of the five forces analysis on the global industrial automation market in F&B industry?
- Growth forecast of the global industrial automation market in F&B industry until 2019?
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Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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