Uploaded on Jul 24, 2020
Food Automation Market Major Players, Industry Outlook and Regional Analysis 2026
Food Automation Market
Food Automation Market Major Players, Industry Outlook and Regional Analysis 2026
Market Overview
Automatic control or automation is the use of control systems for operating various machineries and
equipment without the need for human labor. The adoption of automation in the food industry is
imperative due to the increasing demand for quality, productivity, and profitability. Food processing is a
labor-intensive procedure that is highly monotonous and repetitive in nature, thus causing humans to
focus less on quality check, resulting in increased frequency of various kinds of errors. Automation of
these tasks improves product quality, process efficiency, and saves labor charges as well. It helps in
maintaining standardization and quality of food, thereby helping in protect the brand value of food
products. Automation can be adopted by small- or large-scale players, and additional machinery and
components can be added or customized with minimum wastage of resources, depending on the growth
and expansion of the business.
Rapid technological advancements, growing demand for food safety, and stringent regulations imposed
by regulating bodies on food and beverage products are major key factors fuelling growth of the food
automation market.
However, high initial investment associated with installation of such equipment is a major factor
restraining growth of the market, as small and medium scale players often experience shortage of
sufficient capital to install automated equipment in their factories.
Request Sample Copy Of This Business Report:
https://www.coherentmarketinsights.com/insight/request-sample/922
Market Dynamics
Among product type, the generators and motors accounted for the largest segment in 2016 and is
expected to lead the market throughout the forecast period, owing to its multifunctional nature. A large
variety of motors such as stepper motor, gear motor, servo motor, direct drive motors, and AC motors
are used in the food industry for motor controlled applications. Generators ensure efficient and smooth
functioning of systems.
Among applications, the beverages segment holds a dominant position in the market, owing to rapid
developments and frequent product launches in the beverage industry.
The food automation market is marked by intense competition from major manufacturers operating in
this market. Mergers and acquisitions, joint ventures and partnerships, and technological innovations
are some of the key strategies adopted by these companies in order to ensure long-term sustenance in
this market. Notable acquisitions in the food automation industry include acquisition of major shares of
Cabinplant AG by CTB in September 2016 and acquisition of Jorgensen Engineering by XANO in
November 2016.
Get Request Customization Copy Of This Business Report:
https://www.coherentmarketinsights.com/insight/request-customization/922
Key market players in the global food automation market include ABB Ltd, Emerson Electric Company,
Fortive Corporation, GEA Group, Rockwell Automation, Inc., Mitsubishi Electric Corporation, Nord
Drivesystems, Rexnord Corporation, Schneider Electric SE, Siemens AG, Yaskawa Electric Corporation,
and Yokogawa Electric Corporation.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready
syndicated research reports, custom market analysis, consulting services, and competitive analysis
through various recommendations related to emerging market trends, technologies, and potential
absolute dollar opportunity.
Contact Us:
Name: Mr. Raj Shah
Phone: US +12067016702 / UK +4402081334027
Email: [email protected]
Visit Our Blogs: https://blog.coherentmarketinsights.com
Comments