Factory Automation & Control Report Cover TrendFeedr

Factory Automation & Control Report

: Analysis on the Market, Trends, and Technologies
18.7K
TOTAL COMPANIES
Widespread
Topic Size
Stagnant
ANNUAL GROWTH
Growing
trending indicator
26.4B
TOTAL FUNDING
Developing
Topic Maturity
Overhyped
TREND HYPE
N/A
Monthly Search Volume
Published: June 20, 2024
Updated: June 29, 2024
Author: Maria Garcia

The domain of factory automation & control is experiencing significant advancements, with a focus on optimizing production efficiency, reducing human error, and increasing productivity. The integration of IoT and AI technologies has become a pivotal aspect of modern industrial practices, signaling a shift towards Industry 4.0. The data reveals a widespread and developing stage for factory automation & control, indicating ample opportunities for growth and technological innovation across diverse sectors such as Industrial Automation, Machinery, Electrical & Electronics Manufacturing, and IT Services. Key trends include advanced control systems, robotics, and process optimization, with a surging interest reflected in increased news coverage, funding, and the entry of new companies. The sector’s robust investment landscape and workforce expansion underscore its dynamic evolution and potential for shaping the future of manufacturing and industrial operations.

This article was last updated 13 days ago. If you find any info is missing, let us know!

Topic Dominance Index of Factory Automation & Control

To identify the Dominance Index of Factory Automation & Control in the Trend and Technology ecosystem, we look at 3 different time series: the timeline of published articles, founded companies, and global search. These timelines are normalized and combined to show a comprehensive view of the Factory Automation & Control evolution relative to all known Trends and Technologies.

Dominance Index growth in the last 5 years: 13.86%
Growth per month: 0.2163%

Key Activities and Applications

  • Customization of industrial solutions, including machinery, equipment, and services.
  • Development of automation processes across various industries worldwide.
  • Integration of artificial intelligence and process engineering for future-oriented technologies.
  • Provision of multi-industry solutions, ranging from industrial cleaning to filtration systems and automation engineering.
  • Specialization in robotics, including complete industrial solutions for various applications such as welding, handling, and collaborative robots.

Technologies and Methodologies

  • Internet of Things (IoT) and Artificial Intelligence (AI) as key drivers of innovation in factory automation.
  • Robotics and mechanical engineering as central components of automation solutions.
  • Advanced software development, including PLCs, SCADA, and HMI, for enhanced control and monitoring.
  • Integration of automation with IT services to create interconnected, efficient systems.
  • Use of advanced materials and technologies to ensure eco-friendly processes and lifecycle management.

Factory Automation & Control Funding

A total of 850 Factory Automation & Control companies have received funding.
Overall, Factory Automation & Control companies have raised $26.4B.
Companies within the Factory Automation & Control domain have secured capital from 1.9K funding rounds.
The chart shows the funding trendline of Factory Automation & Control companies over the last 5 years

Funding growth in the last 5 years: 171%
Growth per month: 1.76%

Factory Automation & Control Companies

The Companies feature is a crucial part of TrendFeedr. It offers in-depth information about 18.7K companies working within Factory Automation & Control and other trends and technologies. Identify and analyze innovators and key players in relevant industries more easily with this feature.

companies image

18.7K Factory Automation & Control Companies

Discover Factory Automation & Control Companies, their Funding, Manpower, Revenues, Stages, and much more

View all Companies

Factory Automation & Control Investors

TrendFeedr’s investors tool offers a detailed view of investment activities that align with specific trends and technologies. This tool features comprehensive data on 1.0K Factory Automation & Control investors, funding rounds, and investment trends, providing an overview of market dynamics.

investors image

1.0K Factory Automation & Control Investors

Discover Factory Automation & Control Investors, Funding Rounds, Invested Amounts, and Funding Growth

View all Investors

Factory Automation & Control News

Stay informed and ahead of the curve with TrendFeedr’s News feature, which provides access to 28.6K Factory Automation & Control articles. The tool is tailored for professionals seeking to understand the historical trajectory and current momentum of changing market trends.

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28.6K Factory Automation & Control News Articles

Discover Latest Factory Automation & Control Articles, News Magnitude, Publication Propagation, Yearly Growth, and Strongest Publications

View all Articles

Executive Summary

Factory automation & control stands as a dynamic and rapidly evolving field that is central to the future of manufacturing. With a strong growth trajectory and a focus on technological innovation, the sector is poised to deliver significant advancements in industrial operations. The increasing importance of robotics, AI, and IoT within factory automation highlights the industry's move towards more intelligent, connected, and efficient production systems. As the sector continues to grow, businesses must stay attuned to the latest trends, investments, and innovations to remain competitive and leverage emerging opportunities.

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