Italy Factory Automation and Industrial Controls Market - Growth, Trends, Forecasts (2020 - 2025)

The Italy Factory Automation and Industrial Controls Market can be segmented by Type (Industrial Control Systems, Field Devices), and End-user Industry (Oil & Gas, Chemical & Petrochemical, Power & Utilities, Automotive & Transportation, Textile).

Market Snapshot

CAGR
Study Period: 2020-2025
Base Year: 2019
CAGR: 7.03 %

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Market Overview

The Italian Factory Automation and Industrial Controls market has been valued at a CAGR of 7.03% over the forecast period 2020 - 2025. Digitization and Industry 4.0 revolution have significantly stimulated the growth of automation among various industries, by necessitating the use of smarter and automated solutions, such as robotics and control systems, to improve production processes.

  • The international players in the market are focusing on extending their reach in the country for which they are acquiring local companies which significant reach to ease their supply chain challenges.
  • Sewing represents 35% to 40% of the total cost. To reduce this, companies are highly focusing on automating it. The most accepted and widely adopted automated sewing configuration witnessed at ITMA 2019 was the conventional sewing machine mounted on fabric processing machinery such as a winding or calendaring unit. Several Italy-based companies, such as Comatex Textile Machinery S.r.l. used this type of configuration to finish edges, combine fabric rolls, or make a tubular structure from a fabric roll.
  • Jack Ma bought ViBeMac for a total of EUR 23.2 million (USD 28.6 million) as the Chinese firm looks to gain a foothold in Italy's garment equipment industry. With this acquisition, Jack Sewing aims to expand its product categories and the customer base in Italy, focusing on automated jeans production.
  • The outbreak of COVID-19 has triggered the manufacturing sector in Italy to re-evaluate its conventional production processes, fundamentally driving the digital transformation and factory automation practices across the production lines. The manufacturers are also collectively driven to devise and deploy multiple new and agile approaches to monitor product and quality control.​

Scope of the report

The report on the Italian Factory Automation and Industrial Controls Market is segmented by Product Type (Field Devices, Industrial Control Systems), End-user Vertical (Automotive, Chemicals and Petrochemicals, Utilities, Pharmaceutical)

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Key Market Trends

Increasing trend of acceptance of automation within SME's and the manufacturing industry

  • Italy has small and medium-sized businesses (SMEs), most of which are grouped in clusters. These enterprises specialize in high-quality products and lower labor costs, which enable them to withstand competition from upcoming economies. The northern part of the country is mainly industrialized with a network of private companies.
  • Due to the presence of many SMEs, the country has been actively starting initiatives to encourage the adoption of automation solutions among these companies, which are anticipated to drive the demand for factory automation solutions in the country.
  • The country has been witnessing initiatives arising to help in the development of these SMEs. In January 2019, The “MADE” Competence Centre, spearheaded by the Polytechnic of Milan, was launched in Italy. Comau, a member of the FCA Group in industrial automation, is a partner company placed on the MADE Board of Directors. MADE is a public-private partnership comprising 39 partners from the business and academic world.
  • It aims to offer businesses, particularly SMEs – with three services: training, orientation, and support for implementing innovation projects for Industry 4.0. MADE is one of the highly specialized innovation centers organized within the National Industry 4.0 Plan, promoted and co-funded by the MISE (the Italian Ministry of Economic Development). Such initiatives to support the SMEs with technology adoption through government initiatives would drive the demand for automation and industrial control systems in the country.
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Absorption of Industry 4.0 into market processes

  • The country has been witnessing new initiatives that are mainly focused on encouraging the adoption of Industry 4.0. For instance, New Industry 4.0 tax incentives in 2020. Starting from January 1st, in Italy, the new tax credit for capital goods investments has replaced the previous super-amortization and hyper-amortization. The recent amendment proposed by the Ministry of Economic Development introduces many innovations to support companies in their technological and digital transformation process.
  • MADE is one of the highly specialized innovation centers organized within the National Industry 4.0 Plan, promoted and co-funded by the MISE (the Italian Ministry of Economic Development). Such initiatives to support the SMEs with technology adoption through government initiatives would drive the demand for automation and industrial control systems in the country.
  • It aims to offer businesses, particularly SMEs – with three services: training, orientation, and support for implementing innovation projects for Industry 4.0. MADE is one of the highly specialized innovation centers organized within the National Industry 4.0 Plan, promoted and co-funded by the MISE (the Italian Ministry of Economic Development). Such initiatives to support the SMEs with technology adoption through government initiatives would drive the demand for automation and industrial control systems in the country.
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Competitive Landscape

The market is highly volatile and involves global players with sufficient resources and extensive portfolios including companies like, Schneider Electric SE, Honeywell International Inc., Nidec Corporation and the Fanuc Corporation among others. A few recent developments regarding the companies involved are assigned below;

  • October 2019 - Honeywell International Inc. announced the creation of Honeywell Robotics, an advanced technology center of excellence focused on innovating and developing AI, machine learning (ML), computer vision, and advanced robotics for use across supply chains.​
  • February 2020 - Rockwell Automation, Inc. announced it had signed an agreement to acquire Italy-based ASEM, S.p.A., a leading digital automation technology provider. ASEM offers a complete range of Human-Machine Interface (HMI) hardware and software, Industrial PCs (IPCs), remote access capabilities, and secure Industrial IoT gateway solutions. Such initiatives from the market vendors are expected to create a conducive environment for further driving the automation level in the industry as the competition among the Euro nations in industrial productivity are increasing.
  • April 2020 - Omron Automation released the TM Series Collaborative Robot with built-in vision and a user-friendly, plug-and-play programming interface. The TM Series Collaborative Robot works seamlessly with humans to enhance productivity and ensure safety. It complies with safety requirements for human-robot collaboration specified in ISO 10218-1 and ISO/TS 15066. The robot reduces installation and setup times compared with traditional industrial robots thanks to a flowchart-based programming interface and intuitive teaching. No prior robot programming experience is necessary.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. Market Dynamics

    1. 4.1 Market Overview

    2. 4.2 Industry Stakeholder Analysis

    3. 4.3 Value Chain Analysis

    4. 4.4 Porters Five Force Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Intensity of Competitive Rivalry

      5. 4.4.5 Threat of Substitutes

    5. 4.5 Impact of COVID-19 on the market

    6. 4.6 Market Drivers

      1. 4.6.1 Gaining Prominence for Automation Technologies Due to Declining Workforce

    7. 4.7 Market Challenges

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Industrial Control Systems

        1. 5.1.1.1 Distributed Control System (DCS)

        2. 5.1.1.2 PLC (Programmable Logic Controller)

        3. 5.1.1.3 Supervisory Control and Data Acquisition (SCADA)

        4. 5.1.1.4 Product Lifecycle Management (PLM)

        5. 5.1.1.5 Human Machine Interface (HMI)

        6. 5.1.1.6 Manufacturing Execution System (MES)

      2. 5.1.2 Field Devices

        1. 5.1.2.1 Sensors & Transmitters

        2. 5.1.2.2 Electric Motors

        3. 5.1.2.3 Safety Systems

        4. 5.1.2.4 Industrial Robotics

    2. 5.2 End User Industry

      1. 5.2.1 Oil & Gas

      2. 5.2.2 Chemical and Petrochemical

      3. 5.2.3 Power & Utilities

      4. 5.2.4 Automotive and Transportation

      5. 5.2.5 Textile

      6. 5.2.6 Other End-user Industries

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Schneider Electric SE

      2. 6.1.2 Rockwell Automation Inc.

      3. 6.1.3 Honeywell International Inc.

      4. 6.1.4 Emerson Electric Company

      5. 6.1.5 ABB Ltd.

      6. 6.1.6 Mitsubishi Electric Corporation

      7. 6.1.7 Siemens AG

      8. 6.1.8 Omron Corporation

      9. 6.1.9 Yokogawa Electric Corporation

      10. 6.1.10 Yasakawa Electric Corporation

      11. 6.1.11 Fanuc Corporation

      12. 6.1.12 Nidec Corporation

      13. 6.1.13 Fuji Electric Co. Ltd.

      14. 6.1.14 Seiko Epson Corporation

    2. *List Not Exhaustive
    3. 6.2 INVESTMENT ANALYSIS

    4. 6.3 FUTURE OF THE MARKET

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Frequently Asked Questions

The Italy Factory Automation and ICS Market market is studied from 2020 - 2025.

The Italy Factory Automation and ICS Market is growing at a CAGR of 7.03% over the next 5 years.

Honeywell International Inc., Schneider Electric SE, Siemens AG, Mitsubishi Electric Corporation, ABB Ltd. are the major companies operating in Italy Factory Automation and ICS Market.

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