Global Food Automation Market Segments: by Application Type (Packaging & Repacking, Palletizing & Depalletizing, Grading & Sorting, Pick & Place, Butchery, and Other Applications); By Type (Discrete Controllers & Visualization, Motor Controls, Rotary & Linear Products) and Region – Global Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030
Global Food Automation Market Segments: by Application Type (Packaging & Repacking, Palletizing & Depalletizing, Grading & Sorting, Pick & Place, Butchery, and Other Applications); By Type (Discrete Controllers & Visualization, Motor Controls, Rotary & Linear Products) and Region – Global Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030
Product Overview
Automation Market speeds up the process of food packaging, including food sorting, collection and packaging, and process management. An automated process acts as an essential way to solve a variety of challenges such as boosting efficiency, better returns, optimize resources management, reduce security risks, and enhance asset management. The process is a cost-effective solution for companies. It serves as an economic solution through the optimization of the management of resources, productivity improvement, better management of assets, and the mitigation of security risks. Engines help to provide adequate method functioning, while generators ensure the proper functioning.
Market Highlights
Global Food Automation Market is expected to project a notable CAGR of 7.3% in 2030.
Global Food Automation market to surpass USD XXXX million by 2030 from USD XXXX million in 2020 at a CAGR of 7.3% in the coming years, i.e., 2021-30. Effectiveness and productivity were created through the implementation of automated technologies and digitalization in F&B facilities. As a result, the key players in the F&B sector focus on investing in digitalization to increase operating efficiency and achieve a competitive market position. The introduction of digitalization enabled the value chain and use of sophisticated technologies such as cloud, sensors, virtualization, communication networks, robotics, and the industrial internet to be restructured (IoT). Increased demand for fresh, organic, and healthy foods and beverages has further simplified the process and enabled the implementation of state-of-the-art technology such as IoT, blockchain, analytics, and AI.
Global Food Automation Market: Segments
Motor Controls segment to grow with the highest CAGR during 2020-30
Global Food Automation Market is segmented by type into Discrete controllers & visualization, Motor Controls, rotary & linear products. During the projected timeline, Motor Controls is expected to have the highest market share. Its multifunctional nature drives the motors & generators segment in particular. The growing importance of motors with high-pressure, high torque, and accurate motion process control has greatly improved their usability. Seamless and effective system operation is promoted by the use of food industry generators. It is also linked to the growing awareness of the energy efficiency of generators. Due to the extensive nature of the discrete controller & visualization segment, it offered integrated and flexible production options to manufacturers, it is estimated to account for the second-largest market share in 2019.
Packaging & repacking food segment to grow with the highest CAGR during 2020-30
Global Food Automation Market is divided by application type into packaging & repacking, palletizing & depalletizing, grading & sorting, pick & place, butchery, and other applications. It serves as an economic solution through the optimization of the management of resources, productivity improvement, better management of assets, and the mitigation of security risks. Engines help to provide appropriate system functioning, while generators determine the stability. In addition, various packaging machinery and robotics are expected to promote the growth of the market in food automation.
Global Food Automation Market Dynamics
Drivers
Rising adaptability of automation Market
Automation Market across the food sector is essential as efficiency, quality, and profitability are increasingly needed. The industry is anticipated to push the food processing and packaging automation industry throughout the projected timeline by a shift in consumer preferences to ready-to-eat and packaged food. In the processes that reduce waste and energy consumption, keep margins, improve efficiency, and secure products, the present trend of automation deployment focuses on.
Technological advancements
Effectiveness and productivity were created through the implementation of automated technologies and digitalisation in F&B facilities. As a result, the key players in the F&B sector focus on investing in digitalisation to increase operating efficiency and achieve a competitive market position. The introduction of digitalization enabled the value chain and use of sophisticated technologies such as cloud, sensors, virtualization, communication networks, robotics, and the industrial internet to be restructured (IIoT). Increased demand for fresh, organic, and healthy foods and beverages has further simplified the process and enabled the implementation of state-of-the-art technology such as IoT, blockchain, analytics, and AI.
Restraint
Limited Supply
The growing number of global cases has led to panic among customers for alcohol-based sanitizers and basic foodstuffs. Higher food consumption led to food shortages in retail shelves, disruption of the supply chain, and the immediate demand for large amounts of F&B raw materials. As a result, demand, supply, and production were hindered by a limited stock of staff, and demand for mechanization in the food and drink industry were further limited.
Global Food Automation Market: Key Players
Rockwell Automation, Inc. (U.S.)
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Siemens AG (Germany)
ABB Ltd (Switzerland)
Mitsubishi Electric Corporation (Japan),
Schneider Electric SE (France)
Yokogawa Electric Corporation (Japan)
GEA Group (Germany)
Fortive Corporation (U.S.)
Yaskawa Electric Corporation (Japan)
Rexnord Corporation (U.S.)
Other Prominent Players
Global Food Automation Market: Regions
Global Food Automation Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. During the projected timeline, North America ought to have the highest share in the total market for Food Automation. As a consequence of the market in processing food in Western Europe, which is well developed as a result of constant growth in the forthcoming years, Europe has held the largest market share in 2020 and can be associated to this market. In addition, the processed food and beverage market is expected to grow significantly in emerging economies such as Eastern Europe, which has a beneficial effect on the equipment industry and strengthens market growth.
Asia-Pacific, owing to its huge food and beverage market base and enhanced standard of living due to rising income levels and the rising number of manufacturers in the region, is anticipated to be the largest growing region from 2020 to 2030. As a result of rapid urbanization, diet diversification, and the liberalization of foreign direct investment in the food sector, the food and drink market in the Asia Pacific region is undergoing significant changes.
Global Food Automation Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global Food Automation Market report also contains analysis on:
Food Automation Market Segments:
By Application Type:
Packaging & repacking
Palletizing & depalletizing
Grading & sorting
Pick & place
Butchery
Other applications
By Product Type
Discrete controllers & visualization
Motor Controls
Rotary & Linear Products
Food Automation Market Dynamics
Food Automation Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Contents
1. Executive Summary
2. Global Food Automation Market
1. Product Overview
2. Market Definition
3. Segmentation
4. Assumptions and Acronyms
3. Research Methodology
1. Research Objectives
2. Primary Research
3. Secondary Research
4. Forecast Model
5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
1. Growth Drivers
2. Restraints
3. Opportunity
4. Trends
7. Correlation & Regression Analysis
1. Correlation Matrix
2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
1. Demand Risk Analysis
2. Supply Risk Analysis
10. Global Food Automation Market Analysis
1. Porters Five Forces
1. Threat of New Entrants
2. Bargaining Power of Suppliers
3. Threat of Substitutes
4. Rivalry
2. PEST Analysis
1. Political
2. Economic
3. Social
4. Technological
11. Global Food Automation Market
1. Market Size & forecast, 2020A-2030F
1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. Global Food Automation Market: Market Segmentation
1. By Regions
1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By Application Type : Market Share (2020-2030F)
1. Packaging & Repacking, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Palletizing & Depalletizing, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Grading & Sorting, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. Pick & Place, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
5. Butchery, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. By Product Type: Market Share (2020-2030F)
1. Discrete controllers & visualization, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Motor Controls, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. rotary & linear products, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030
Company Profile
1. Rockwell Automation, Inc. (U.S.)
1. Company Overview
2. Company Total Revenue (Financials)
3. Market Potential
4. Global Presence
5. Key Performance Indicators
6. SWOT Analysis
7. Product Launch
2. Siemens AG (Germany)
3. ABB Ltd (Switzerland)
4. Mitsubishi Electric Corporation (Japan),
5. Schneider Electric SE (France)
6. Yokogawa Electric Corporation (Japan)
7. GEA Group (Germany)
8. Fortive Corporation (U.S.)
9. Yaskawa Electric Corporation (Japan)
10. Rexnord Corporation (U.S.)
11. Other Prominent Players
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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