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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Food Automation Market share research by applications and regions for :

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Food Automation Market share research by applications and regions for :"— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Food Automation Market share research by applications and regions for 2017-2024: Global Market Insights Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Europe was estimated as the largest food automation market in 2016 owing to high demand for processed nourishment products, especially in Spain, Italy, UK, Germany and France. Moreover, stringent regulations imposed by several regional regulating bodies pertaining to the quality of processed nourishment products will fuel product demand over the forecast timeframe.  Asia Pacific is the fastest growing food automation market owing to rapidly expanding food & beverages industry in the region. Improved standard of living, rising disposable income and liberalization of foreign direct investment are key factors driving industry growth. In addition, increasing adoption of automated technologies in production facilities also drives regional food automation market. Regional Analysis of Food Automation Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Automation technologies are widely used in processing industries. It serves as a cost-effective solution by optimizing resource management, improving productivity, better asset management and mitigating security risks. Motors aid to offer appropriate functioning of systems, whereas generators ensure smooth operational flow. Additionally, implementation of different packaging machineries and robotics is anticipated to foster food automation market growth.  Motors & generators is expected to account for the largest food automation market share owing to increasing importance of motors in motion regulating applications over the forecast timespan. Several industrialized countries are continuously experiencing high demand for high torque, high pressure and wash down applications with detailed motion control has substantially boosted their functionality. Increasing necessity to maintain smooth and effective functioning of systems will propel industry growth.  On the basis of application, beverages are projected to dominate the segment. Increasing criticality in beverages production processes, constant advancements, and new product launches in are significantly supporting product penetration. Complete vertical integration of beverage production processes by adopting process computerized solutions along with value chain optimization will further propel industry size.  Application Analysis of Food Automation Market :

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Food Automation Market @ http://bit.ly/2Fo56jAhttp://bit.ly/2Fo56jA Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/2299 https://www.gminsights.com/request-toc/upcoming/2299

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Market research reports: Key analytical components

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Key market players include Beumer, Siemens, Schneider Electric, Mitsubishi Electric, Emerson Electric, Swisslog Holding, Kollmorgen and Rexnord. Other prominent participants are Yokogawa Electric, Fortive, Nord Drivesystems, Yaskawa Electric, GEA Group, ABB Group, Ametek, Horner APG, Frontmatec, Festo AG & Co. KG, Elwood Corporation, Copa-Data and Eaton. Competitive Market Share of Food Automation Market:

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