[153 Pages Report] The food automation market was valued at USD 8.22 Billion in 2016. It is projected to grow at a CAGR of 6.90% from 2017, to reach 12.26 Billion by 2022. The base year considered for this study is 2016 and the forecast period is from 2017 to 2022. The objectives of the study are to define, segment, and measure the size of the market with respect to type, application, function, and region. The report also aims to provide detailed information about the crucial factors influencing the growth of the market, strategical analysis of micromarkets, opportunities for stakeholders, details of the competitive landscape, and profile of the key players with respect to their market share and competencies.

This report includes estimations of the market size in terms of value (USD million). Both, top-down and bottom-up approaches have been used to estimate and validate the size of the global food automation market and to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research; some of the sources are press releases, annual reports, and financial journals, and paid databases such as Factiva and Bloomberg. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. The figure below shows the breakdown of profiles of industry experts that participated in the primary discussions.

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The key players in this market include Rockwell Automation, Inc. (U.S.), Siemens AG (Germany), ABB Ltd (Switzerland), Mitsubishi Electric Corporation (Japan), and Schneider Electric SE (France). Other players include Yokogawa Electric Corporation (Japan), GEA Group (Germany), Fortive Corporation (U.S.), Yaskawa Electric Corporation (Japan), Rexnord Corporation (U.S.), Emerson Electric Co. (U.S.), and Nord Drivesystems (Germany).

This report is targeted at the existing players in the industry, which are as follows:

Food automation manufacturers, suppliers, and formulators

Food automation product traders, suppliers, and distributors

Professional food automation providers, associations, and industry bodies

Research and development organizations

Government authorities and agencies related to public health, environment, and agriculture

�The study answers several questions for stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing efforts and investments.�

Scope of the report

The food automation market has been segmented as follows:

On the basis of Type,

Motors & generators

Motor controls

Discrete controllers & visualization

Rotary products

Linear products

Others

On the basis of Application,

Dairy

Bakery

Confectionery

Fruit & vegetable

Meat, poultry, and seafood

Beverages

On the basis of Function,

Processing

Packaging & Repackaging

Palletizing

Sorting & Grading

Picking & Placing

Others

On the basis of Region,

North America

Europe

Asia-Pacific

Rest of the World (RoW)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company�s specific scientific needs.

The following customization options are available for the report:

Segment Analysis

Product matrix, which gives a detailed comparison of the product portfolio of each company

Detailed analysis at volume level can also be provided

Geographic Analysis

Further breakdown of the Rest of Europe food automation market into Russia, Denmark, Turkey, the Netherlands, Switzerland, Sweden, Belgium, and Norway.

Further breakdown of the Rest of Asia-Pacific food automation market into Vietnam, Indonesia, Singapore, Thailand, and New Zealand.

Further breakdown of other countries in the Rest of the World food automation market into South America, Africa, and the Middle East.

Company Information

Detailed analyses and profiling of additional market players (up to five)

The food automation market is projected to grow at a CAGR of 6.90% from 2017, to reach a projected value of USD 12.26 Billion by 2022. The growth of this market can be attributed to the inclination of consumers towards processed and ready to eat foods, technological advancements in automation and stringent international food safety regulations.

The motors & generators segment, on the basis of various types, accounted for the largest market share in 2016. The motors & generators segment is mainly driven by their multi-functional nature. The increasing significance of motors in motion control applications involving high-pressure wash-down and high torque applications with precise motion control has greatly enhanced their functionality. Smooth and efficient functioning of systems is promoted by using generators in the food industry. It is also coupled with the increasing awareness about the efficient energy management benefits of generators. The discrete controllers & visualization segment, on the basis of type, accounted for the second highest market share in 2016 owing to its comprehensive nature to offer integrated and flexible production options to manufacturers.

Europe accounted for the largest market share in 2016 and can be attributed due to the processed food market in Western Europe, which is well-established owing to which it is expected to witness steady growth during the forecast period. Furthermore, developing regions, such as Eastern Europe, are expected to witness significant growth in the processed food & beverage market, which positively impacts the equipment sector and boosts the market growth. Asia-Pacific is projected to be the fastest-growing region from 2017 to 2022 due to its large market base for the food & beverage industry; the improved standard of living due to the rise in income levels, and growing number of manufacturers in the region. The food & beverage market in the Asia-Pacific region is currently undergoing a transformation in response to rapid urbanization, diet diversification, and the liberalization of foreign direct investment in the food sector.

Big players in the food & beverage industry are investing in the food automation whereas small- or medium-sized (SME) companies have been much slower in incorporating automation. The high variability of food products, complexity of food processes, and requirement of high investments, limit the use of automation/robots in the food industry. On the other hand, one of the greatest difficulties the food processing industry faces is addressing the skills gap, such as finding enough skilled engineers to operate and maintain the machines. Large investments in R&D activities, laboratories, and research equipment, and hiring trained professionals also pose a barrier for this market.

The food automation market is dominated by key players such as include the Rockwell Automation, Inc. (U.S.), Siemens AG (Germany), ABB Ltd (Switzerland), Mitsubishi Electric Corporation (Japan), and Schneider Electric SE (France). Other players include Yokogawa Electric Corporation (Japan), GEA Group (Germany), Fortive Corporation (U.S.), Yaskawa Electric Corporation (Japan), Rexnord Corporation (U.S.), Emerson Electric Co. (U.S.) and Nord Drivesystems (Germany). The key players have adopted strategic developments such as new product launches, acquisitions, expansions, partnerships, and agreements in order to explore the market in new geographies.

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