MarketStudyReport.com adds “Japan Factory Automation and Industrial Controls Market – By Products, End User Industry and Vendors (2015- 2020)”new report to its research database.
The recent slowdown of the Japanese economy has slowed down the Japanese Factory Automation market in the last couple of years. However Japan still holds a significant share of the Asia Pacific market and stands second after China in terms of revenue generated. Although the robot sales in Japan decreased by 12% in 2013 because of the significant reduction of investments by the automotive industry, the electronics industry and the metal and machinery industry, the total number of Industrial Robots sold were a very significant 25110 units.
The recovering economy of the Asia Pacific region is expected to drive the market ahead with the Japanese market expected to register a growth close to 6%. Japanese companies often occupy small niches for specialized technological applications which allow them to deliver cutting-edge technologies that allow them to stay ahead of competitors from China or other emerging countries. This advantage of being a developed economy which has been in the game since the beginning is expected to sustain Japan's position as one of the market leaders in Factory Automation.
Companies like Fanuc or Keyence are well positioned to benefit from factory automation in the developing Asia Pacific economies like China and India, where raising labour costs and increased efficiency awareness pushes production companies to automate their manufacturing processes. The developments in wireless technology have opened up new avenues for this market. Remote terminal units now enable control of machines over the entire shop floor. This coupled with the advances in Sensor technology has started the era for smart manufacturing.
The report analyses the market based on application segregated by the end user industry. Detailed market shares are given and forecasts for the next five years are estimated. The major companies in the market like ABB, General Electric, Siemens, among others are studied and their strategies are analysed. Recent developments and their impact on the market are also analysed.
What the report offers:
1.Market definition for Factory Automation with information on drivers and restraints in Japan.
2.Market analysis involving major markets, and usage of Factory Automation in the industry.
3.Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
4.Extensively researched competitive landscape with profiles of major companies along with their market share.
5.A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
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