Food Automation Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos
Rising adoption of technologies such as big data analytics, IT/OT
convergence, digital twin, artificial intelligence, 3D printing, and automation
technologies are some of the prominent reasons which are driving the growth of
the food automation market. IoT and AI are helping companies reach high levels
of food safety, improve traceability, cut down waste, and reduce costs and
risks across the various stages of food processing and packaging. According to
a survey from the Association for Packaging and Processing Technologies, 94% of
food packaging operations are using robotics already. As for food processing,
approximately a third of companies are using robotics.
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According to
UnivDatos Market Insights
(UMI)’ research report “Global Food Automation Market
Analysis, 2020”, According to the
Robotic Industries Association and Association for Advancing Automation, orders
of robotic systems by food and consumer goods manufacturers grew by 56% in
2020. The Growing Demand for processed and packed food owing to the rapidly
rising working couples, hectic life schedules, growth in disposable income, and
availability of organic packaged and processed food is adding growth to the demand
for food automation in the industry
Based on
the type, the motor control segment
acquired the -% market share and gathered USD - Mn market in 2020. The motors
used in the food and beverage industry have demanding requirements in segments
such as meat, dairy, and baking goods, poultry, and fish, as well as within
applications such as mixers, grinders, and conveyors. Improvement in Motors and
Generators hugely impact the growth of the food automation industry making the
industry efficient as well as cost-effective.
Based on the application, the palletizing
segment grabbed -% market share and dominated the market in 2020. As per the Association for Packaging
and Processing Technologies, around 33% of the food processing and 94% of
packaging operations are using robotics.
Also, 50% of the companies are focused on increasing the level of
automation in the net 3-5 years. Furthermore, Association of Labor Providers,
70% of food and beverage manufacturing companies were suffering from a shortage
of low and unskilled labor.
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The Asia Pacific to Grab Lion’s Share, But Europe to
witness Explicit Growth
Based on the Region, the Asia-Pacific region dominated the global food
automation market in 2020. Promulgating per capita income coupled with the
rising demand for ready-to-eat food items is contributing to the market growth
of the region. However, Europe would witness a robust CAGR in the forthcoming
years stated in UnivDatos Market Insights (UMI)’ research
report “Global Food Automation Market Analysis, 2020”.
According
to UnivDatos Market Insights (UMI)’, the key
players with a considerable market share in the global food
automation market are Rockwell Automation, Inc., Siemens AG, ABB Ltd,
Mitsubishi Electric Corporation, Schneider Electric SE, Yokogawa Electric
Corporation, GEA Group, Fortive Corporation, Yaskawa Electric Corporation,
Rexnord Corporation, etc., The players are focused on launching new products
for gaining customers' traction and expanding their geographical reach to get a
competitive edge in the industry.
“Global
Food
Automation Market
Analysis, 2020” provides
comprehensive qualitative and quantitative insights on the industry potential,
key factors impacting sales and purchase decisions, hotspots, and opportunities
available for the food automation market across the Globe. Moreover, the report
also encompasses the key strategic imperatives for success for competitors
along with strategic factorial indexing measuring competitors' capabilities on
16 parameters. This will help companies in the formulation of Go to Market
Strategies and identifying the blue ocean for its offerings.
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Market Segmentation:
1. By Type (Motor
Controls, Discrete controllers & visualization, Rotary products, Others)
2. By Application
(Processing, Packaging & Repackaging, Palletizing, Sorting &
Grading, Others)
3. By End-Users
(Dairy, Bakery, Confectionery, Fruits and Beverage, Meat-Poultry &
Sea-Food, Others)
4.
By Region (North America,
Europe, Asia-Pacific, Rest of the World)
5. By Company (Rockwell
Automation, Inc., Siemens AG, ABB Ltd, Mitsubishi Electric Corporation,
Schneider Electric SE, Yokogawa Electric Corporation, GEA Group, Fortive
Corporation, Yaskawa Electric Corporation, Rexnord Corporation)
Key
questions answered in the study:
1.
What are the current and future trends
of the global food automation market industry?
2.
How the industry has been evolving in
terms of end-user demand and application areas?
3.
How the competition has been shaping
across the countries followed by their comparative factorial indexing?
4.
What are the key growth drivers and
challenges for the food automation industry?
5.
What are the customer orientation,
purchase behavior, and expectations from the food automation firms across
various regions?
Table of Content –
1 MARKET INTRODUCTION
2 RESEARCH METHODOLOGY OR ASSUMPTION
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 GLOBAL FOOD AUTOMATION COVID-19 IMPACT
6 GLOBAL FOOD AUTOMATION REVENUE, 2019-2027F
7 MARKET INSIGHTS BY TYPE
8 MARKET INSIGHTS BY APPLICATION
9 MARKET INSIGHTS BY END-USER
10 MARKET INSIGHTS BY REGION
11 FOOD AUTOMATION DYNAMICS
12 FOOD AUTOMATION OPPORTUNITIES
13 FOOD AUTOMATION TRENDS
14 LEGAL & REGULATORY FRAMEWORK
15 DEMAND AND SUPPLY SIDE ANALYSIS
16 VALUE CHAIN ANALYSIS
17 COMPETITIVE SCENARIO
18 COMPANY PROFILED
19 DISCLAIMER
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