Bangladesh Factory and Industrial Automation Market (2022-2028) | Trends, Value, Revenue, Outlook, Forecast, Size, Analysis, Growth, Industry, Share, Segmentation & COVID-19 IMPACT

Market Forecast By Product/Components (Sensors, Controllers, Switches & Relays, Factory and Industrial Robots, Drives (Servo Motor, Servo Drive, VFD), By System Solutions (PLC-HMI, Robotics, Vision, Safety, Distributed Control System (DCS)), By End Users/Industries (Textile, Leather, Food and Beverages, Cement, Automotive, Power & Energy, Pharma, Others (Automotive, Semiconductor & Electronics, Furniture, Transportation and Infrastructure, Paper & Pulp, Metal) and competitive landscape

Product Code: ETC4377979 Publication Date: Jan 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 123 No. of Figures: 32 No. of Tables: 5

Bangladesh Factory and Industrial Automation Market Synopsis

Bangladesh Factory and Industrial Automation Market is expected to show substantial growth in the coming years owing to growing adaptation of technology and increasing penetration of robotics in the manufacturing sector. Moreover, the implementation of Industrial Revolution 4.0 has acted as a major growth driver for the industrial automation market as it has given a sudden rise to the usage of robotics in textile and other small and medium size manufacturing units. During the COVID-19 phase, the Bangladesh Factory and Industrial Automation Market declined significantly and witnessed a sudden fall of -18.3% in terms of revenue as almost all the business were shut because of lockdown measures taken by the government to curb the spread of virus. However, the market revived in 2021 and is expected to cross pre-covid levels by the end of 2022 and witness a sharp growth during the forecast time frame.

Bangladesh Factory and Industrial Automation Market

According to 6Wresearch, the Bangladesh Factory and Industrial Automation Market size is projected to grow at a CAGR of 10.2% during 2022-2028. With the growing number of factories in economic zones the demand and production of goods would increase significantly, driving the growth of overall factory and industrial automation market. Textile industry has captured the highest market revenue share among all other industries as this sector is the highest contributor to the country’s overall export revenues. Increasing government efforts to promote RMG exports would generate more demand for automation products in order to compete with the global players. Safety equipment’s captured the highest market revenue share in the overall market owing to their wide applicability in almost all manufacturing units where high precision techniques and accuracy is required. However, the highest growing segment would be robotics and factory & industrial robots (including cobots) because of continuously rising government efforts to develop the manufacturing sector from labor intensive to fully automated manufacturing sector.

Bangladesh textile industry contributes around 80% of the total exports and the growing competition between countries like Vietnam to provide product at competitive price is expected to propel industries of Bangladesh to adopt automation which in turn would result in augmenting the market scope for factory and industrial automation market. The factor and Industrial Automation Market in Bangladesh is projected to grow effortlessly.

By Product/Components

Robots would be replacing workforce and drive automation in the manufacturing sector of Bangladesh during the forecast period. However, sensors and controllers would continue to account for prominent revenue share in the market on the back of applicability and penetration into different sectors such as textile, pharma, leather and others. Moreover, they are widely used in different metro rail projects, railways, oil pipeline and other projects across Bangladesh. Controllers are anticipated to boost the market share in the coming years.

Bangladesh Factory and Industrial Automation Market Revenue Share

By System Solutions

Safety by system solution records significant share in the Bangladesh automation market on account of government measures such as ILO program which aims to improve safety and minimize the risk of another tragedy like the The Rana Plaza incident that claimed more than 1,100 lives in 2013. However, robotics market is expected to gain traction on the back of penetration of automation into automobile sector of Bangladesh.

By End Users/Industries

Even though the textile sector is thriving in the country, only 10% of the apparel factories in the Bangladesh have adopted automation process and it is likely to increase significantly in the coming years on account of continuous government efforts such as developing a garment village on a 500-acre land to increase export revenues due to rising competition with Vietnam to provide products at competitive price.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 11 Years Market Numbers.
  • Historical Data Starting from 2018 to 2028.
  • Base Year: 2022
  • Forecast Data until 2028.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • Bangladesh Factory and Industrial Automation Market Overview
  • Bangladesh Factory and Industrial Automation Market Outlook
  • Bangladesh Factory and Industrial Automation Market Forecast
  • Historical Data and Forecast of Bangladesh Factory and Industrial Automation Market Revenues, for the Period 2018-2028F
  • Historical Data and Forecast of Bangladesh Factory and Industrial Automation Market Revenues, By Product/Components, for the Period 2018-2028F
  • Historical Data and Forecast of Bangladesh Factory and Industrial Automation Market Revenues, By System Solutions, for the Period 2018-2028F
  • Historical Data and Forecast of Bangladesh Factory and Industrial Automation Market Revenues, By End Users/Industries, for the Period 2018-2028F
  • Market Drivers and Restraints
  • Bangladesh Factory and Industrial Automation Market Trends
  • Porter’s Five Forces Analysis
  • Market Opportunity Assessment
  • Bangladesh Factory and Industrial Automation Market Revenue Ranking, By Companies, 2021
  • Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Product/Components

  • Sensors
  • Controllers
  • Switches & Relays
  • Factory and Industrial Robots
  • Drives (Servo Motor, Servo Drive, VFD)

By System Solutions

  • PLC-HMI
  • Robotics
  • Vision
  • Safety
  • Distributed Control System (DCS)

By End Users/Industries

  • Textile
  • Leather
  • Food and Beverages
  • Cement
  • Automotive
  • Power & Energy
  • Pharma
  • Others (Automotive, Semiconductor & Electronics, Furniture, Transportation and Infrastructure, Paper & Pulp, Metal)
Bangladesh Factory and Industrial Automation Market: FAQs
Bangladesh Factory and Industrial Automation Market is expected to show substantial growth in the coming years owing to the growing adaptation of technology and increasing penetration of robotics in the manufacturing sector.
The Bangladesh Factory and Industrial Automation Market size is projected to grow at a CAGR of 10.2% during 2022-2028.
The growing adaptation of technology and increasing penetration of robotics in the manufacturing sector are stimulating the growth of the market. Moreover, the implementation of Industrial Revolution 4.0 has acted as a major growth driver for the industrial automation market as it has given a sudden rise to the usage of robotics in textile and other small and medium size manufacturing units.
Safety by system solution records significant share in the Bangladesh automation market on account of government measures such as ILO program which aims to improve safety and minimize the risk of another tragedy like the Rana Plaza incident that claimed more than 1,100 lives in 2013.
Textile segment is growing in the market as the demand for industrial automation is growing from this industry.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope & Segmentation
2.4 Methodology 
2.5 Assumptions
3. Bangladesh Factory and Industrial Automation Market Overview
3.1 Bangladesh Factory and Industrial Automation Market Revenues (2018-2028F)
3.2 Bangladesh Factory and Industrial Automation Market Industry Life Cycle
3.3 Bangladesh Factory and Industrial Automation Market Porter’s Five Forces
4. Impact Analysis of COVID-19 on Bangladesh Factory and Industrial Automation Market
5. Bangladesh Factory and Industrial Automation Market Dynamics
5.1 Impact Analysis
5.2 Market Drivers
5.3 Market Restraints
6. Bangladesh Factory and Industrial Automation Market Evolution &Trends
7. Bangladesh Factory and Industrial Automation Market Overview, By Product/Components
7.1 Bangladesh Factory and Industrial Automation Market Revenues, By Product/Components, 2018-2028F
7.1.1 Bangladesh Factory and Industrial Automation Market Revenues and Revenue Share, By Sensors, 2018-2028F
7.1.2 Bangladesh Factory and Industrial Automation Market Revenues and Revenue Share, By Controllers, 2018-2028F
7.1.3 Bangladesh Factory and Industrial Automation Market Revenues and Revenue Share, By Switches & Relays, 2018-2028F
7.1.4 Bangladesh Factory and Industrial Automation Market Revenues and Revenue Share, By Industrial Robots, 2018-2028F
7.1.5 Bangladesh Factory and Industrial Automation Market Revenues and Revenue Share, By Drives, 2018-2028F
8. Bangladesh Factory and Industrial Automation Market Overview, By System Solutions
8.1 Bangladesh Factory and Industrial Automation Market Revenues and Revenue Share, By System Solutions, 2018-2028F
8.1.1 Bangladesh Factory and Industrial Automation Market Revenues and Revenue Share, By PLC-HMI, 2018-2028F
8.1.2 Bangladesh Factory and Industrial Automation Market Revenues and Revenue Share, By Robotics, 2018-2028F
8.1.3 Bangladesh Factory and Industrial Automation Market Revenues and Revenue Share, By Vision, 2018-2028F
8.1.4 Bangladesh Factory and Industrial Automation Market Revenues and Revenue Share, By Safety, 2018-2028F
8.1.5 Bangladesh Factory and Industrial Automation Market Revenues and Revenue Share, By Distributed Control System (DCS), 2018-2028F
9. Bangladesh Factory and Industrial Automation Market Overview, By End Users/Industries
9.1 Bangladesh Factory and Industrial Automation Market Revenues and Revenue Share, By System Solutions, 2018-2028F
9.1.1 Bangladesh Factory and Industrial Automation Market Revenues and Revenue Share, By Textile, 2018-2028F
9.1.2 Bangladesh Factory and Industrial Automation Market Revenues and Revenue Share, By Leather, 2018-2028F
9.1.3 Bangladesh Factory and Industrial Automation Market Revenues and Revenue Share, By Food and Beverage, 2018-2028F
9.1.4 Bangladesh Factory and Industrial Automation Market Revenues and Revenue Share, By Cement, 2018-2028F
9.1.5 Bangladesh Factory and Industrial Automation Market Revenues and Revenue Share, By Power & Energy, 2018-2028F
9.1.6 Bangladesh Factory and Industrial Automation Market Revenues and Revenue Share, By Pharma, 2018-2028F
9.1.7 Bangladesh Factory and Industrial Automation Market Revenues and Revenue Share, By Others, 2018-2028F
10. Bangladesh Factory and Industrial Automation Market Key Performance Indicators
11. Bangladesh Factory and Industrial Automation Market Ongoing and Upcoming Projects
12. Bangladesh Factory and Industrial Automation Market Taxes and Import duty Structure
13. Bangladesh Factory and Industrial Automation Market Opportunity Assessment
13.1 Bangladesh Factory and Industrial Automation Market Opportunity Assessment, By Product/Components and System Solutions, 2028F
13.2 Bangladesh Factory and Industrial Automation Market Opportunity Assessment, By End Users/Industries, 2028F
14. Bangladesh Factory and Industrial Automation Market Competitive Landscape
14.1 Bangladesh Factory and Industrial Automation Market Company Shares, By Products
14.2 Bangladesh Factory and Industrial Automation Market Competitive Benchmarking, By Operating Parameters
15. Bangladesh Factory and Industrial Automation Market Key Distributors/System Integrators/Channel Partner
16. Company Profiles
16.1 Schneider Electric SE
16.2 ABB Group
16.3 Siemens Bangladesh Ltd.
16.4 Rockwell Automation Inc. 
16.5 Mitsubishi Electric Corporation
16.6 Delta Electronics Inc.
16.7 KEYENCE Corporation
16.8 Omron Asia Pacific Pte. Ltd
16.9 Cognex Corporation
16.10 Pepperl+Fuchs SE.
16.11 SICK AG
16.12 Autonics
16.13 Fanuc India 
16.14 Phoenix Contact
16.15 B&R Industrial Automation GmbH
16.16 LS ELECTRIC
17. Key Strategic Recommendations
18. Disclaimer
List of Figures
1. Bangladesh Factory and Industrial Automation Market Revenues, 2018-2028F ($ Million)
2. Bangladesh Export Statistics, 2018-2022 ($ Billion)
3. Bangladesh Manufacturing Facility Closures, 2020
4. Bangladesh Percentage of Workforce Capacity in Manufacturing Facility, 2020 
5. Bangladesh Total RMG Exports, 2017 - 2021 ($ Billion)
6. Top Textile Exporting Countries, 2020 ($ Billion)
7. Bangladesh Total Number of Industrial Robots Imported, 2015-16 – 2018-19 (Units)
8. Expected % of Job loss by 2030 due to Robots, Industry-wise
9. Bangladesh Non-Performing Loans, 2015-June 2021 ($ Billion)
10. Bangladesh Bad Debts Amount, June 2015-June 2021 ($ Billion)
11. Number of Manufacturing Industries in Bangladesh. July 2020
12. Total Number of Employees In Each Industry, 2019 (Thousand)
13. Bangladesh Factory and Industrial Automation Market Revenue Share, By End Users/Industries, 2021 & 2028F
14. Bangladesh Factory and Industrial Automation Market Revenue Share, By End Users/Industries, 2021 & 2028F
15. Bangladesh Factory and Industrial Automation Market Revenue Share, By End Users/Industries, 2021 & 2028F
16. Bangladesh Apparel Export, 2015-2025F ($ Billion)
17. Bangladesh RMG Manufacturing Facilities
18. Bangladesh Total Leather Exports, 2016-17 – 2020-21 ($ Million)
19. Bangladesh Pharmaceutical Industry Revenues, 2017–2021 ($ Million)
20. Bangladesh Peak Power Demand, 2018-2028F (MW)
21. Bangladesh Allocations for Power Division, FY2021- FY2025 (Taka Billion) 
22. Bangladesh Factory and Industrial Automation Market Opportunity Assessment, By Product/Components, 2028F
23. Bangladesh Factory and Industrial Automation Market Opportunity Assessment, By Robotics and Factory and Industrial Robots, 2028F
24. Bangladesh Factory and Industrial Automation Market Opportunity Assessment, By End Users/Industries, 2028F
25: Bangladesh Industrial Automation Market Revenue Share, By Companies, 2021
26. Bangladesh Sensors Market Revenue Share, By Companies, 2021
27. Bangladesh Controllers Market Revenue Share, By Companies, 2021
28. Bangladesh Switches & Relays Market Revenue Share, By Companies, 2021
29. Bangladesh Drives Market Revenue Share, By Companies, 2021
30. Bangladesh PLC/HMI Market Revenue Share, By Companies, 2021
31. Bangladesh Safety Market Revenue Share, By Companies, 2021
32. Bangladesh DCS Market Revenue Share, By Companies, 2021
List of Tables
1. Bangladesh Major Upcoming Economic Zones
2. Bangladesh Potential Investment Sectors in BSMSN
3. Bangladesh Factory and Industrial Automation Market Revenues, By Product/Components, 2018-2028F ($ Million)
4. Bangladesh Factory and Industrial Automation Market Revenues, By System Solutions, 2018-2028F ($ Million)
5. Bangladesh Factory and Industrial Automation Market Revenues, By End Users/Industries, 2018-2028F ($ Million)
6. Bangladesh Top 10 Textile Manufacturers, 2021
7. Bangladesh Key Players in the Leather Industry
8. Bangladesh Policies and Incentive Schemes for Manufacturers Registered With BIDA
9. Bangladesh Key Players in the Pharmaceutical Industry
10. Ongoing Bangladesh Power Projects, 2022
11. Bangladesh Upcoming Water Treatment Projects
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