Industrial and specifically factory automation is the use of different control systems, software and other technologies for automation of the factory. The day to day technological advancements are helping the manufacturing process and other such tasks perform a lot faster and cost effective. The use of these technologies increases productivity, quality, almost negates wastage, faster interaction with different departments within the company and other such perks.
In past three years Africa have been refraining the downfall of GDP in the year 2012, Agriculture is one of the major industrial sector which constitutes of 27.5% of the total GDP. Other industries include wholesale & retail, manufacturing, construction, mining and service industries. Factory automation is one of the key influencing factors in industries such as manufacturing, warehousing, and others. The growth of these industries is directly influenced by direct foreign investments. South Africa is benefitting from developments in neighboring countries including Botswana, Namibia, and Mozambique, and often serves as a hub for exporting manufacturing industries.
The overall market for industrial and factory automation in Africa is estimated to upsurge from $XXbn in 2015 to $XXbn in 2021 with a CAGR of XX%. This growth would be influenced by various factors; Growth in the South African automation market is coming from various sources both inside and outside the country.
African Industrial and Factory Automation Market has been segmented by system types, by hardware, by industry verticals, and by geography. The industry verticals cover all the major end user industries such as Mining, Manufacturing, Oil & Gas, Chemicals and others.
South Africa would be one of the growing regions in African industrial and factory automation market followed by Western Africa, Eastern Africa and North Africa. The market for South Africa in would rise from $XXbn in 2015 to $XXbn in 2021 with a CAGR of XX%.
Sample Companies profiled in this report are:
- AGE of Africa Technologies (Pty) LTD,
- Automation Design Systems,
- Autovin CC,
- Bran Systems