Market Share of Food Processing Automation Industry
The degree of competition in the food automation market is high with the presence of major players like Schneider Electric SE, Rockwell Automation Inc., Honeywell International Inc., Emerson Electric Company, ABB Ltd, Mitsubishi Electric Corporation, Siemens AG, and Yokogawa Electric Corporation. Players in the market are adopting strategies such as partnerships, product launches, innovations, investments, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
In February 2023, Regal Rexnord Corporation debuted its new Rexnord Curve System with 1540 Series MatTopChain for conveyor lines that require a zero tangent 180 and/or 90-degree curve. The system has the industry's tightest inner radius (420 mm) and smallest transfer (15 mm), significantly improving space utilization and package handling. Head-to-tail transfer of even small and light cases is possible with the new Rexnord Curve System, which eliminates the need for micro-pitch conveyors, transfer modules, or plates.
In December 2022, Rockwell Automation introduced FactoryTalk Vault to automate project analysis, store and protect industrial files, and streamline work processes. For manufacturing design teams, FactoryTalk VaultTM provides centralized, secure, cloud-native storage. With its contemporary version and access control, FactoryTalk Vault, with enhanced Design Tools, enables deeper examination of controller projects for more essential insights into designs.
Food Automation Market Leaders
Schneider Electric SE
Rockwell Automation Inc.
Honeywell International Inc.
Emerson Electric Company
ABB Limited
*Disclaimer: Major Players sorted in no particular order
