Global Industrial Automation Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $5,300	243 Pages	Skyquest Technology Consulting	December, 2024	SKTC20208120

Best Price Guarantee
Price	from $5,300
Length	243 Pages
Publisher	Skyquest Technology Consulting
Published Date	December, 2024
SKU	SKTC20208120

Industrial Automation Market size was valued at USD 220.66 Billion in 2023 and is poised to grow from USD 238.73 Billion in 2024 to USD 467.32 Billion by 2032, growing at a CAGR of 8.8% during the forecast period (2025-2032).

The industrial automation market is experiencing significant growth, fueled by the rising adoption of advanced technologies like robotics, artificial intelligence (AI), and the Internet of Things (IoT) across various sectors. Manufacturers are increasingly integrating automation systems to enhance productivity, minimize operating costs, and elevate product quality, particularly in North America, Europe, and Asia Pacific—regions known for their established industrial bases. Europe's substantial investments in automation aim to bolster competitiveness in complex industries such as automotive and aerospace. Simultaneously, Asia Pacific, spearheaded by countries like China and Japan, is embracing rapid technological advancements and prioritizing Industry 4.0 initiatives, further propelling market expansion. Key growth drivers include the necessity for operational efficiency and the growing adoption of smart technology, enabling real-time monitoring and data-driven decision-making.

Top-down and bottom-up approaches were used to estimate and validate the size of the Industrial Automation market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Industrial Automation Market Segments Analysis

Global Industrial Automation Market is segmented by component, End-Use Industry, and region. Based on component, the market is segmented into Hardware (Industrial Control Systems, Field Devices), Software (Product Lifecycle Management (PLM), Manufacturing Execution Systems (MES), Enterprise Resource Planning (ERP), Supervisory Control and Data Acquisition (SCADA), Others), Services (Installation Services, Maintenance & Support Services, Consulting & Training Services, Managed Services). Based on End-Use industry, the market is segmented into Transportation Infrastructure, Energy & Power, Nuclear, Oil & Gas, Manufacturing, Life Sciences, Logistics & Supply Chain, Consumer Packaged Goods, Chemical & Material, Infrastructure & Construction, Aerospace & Defense, Technology & Communications, Environmental Services, Mining & Metals, Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa. (For detailed segmentation, kindly refer the Table of Content Section of the webpage).

Driver of the Industrial Automation Market

The Industrial Automation market is driven by the increasing pressure on companies worldwide to enhance their operational efficiency. Automation plays a crucial role in minimizing human error, optimizing resource utilization, and streamlining manufacturing processes. Its ability to operate continuously without breaks significantly boosts overall productivity. Additionally, automation contributes to lower waste generation and reduced energy consumption, resulting in substantial cost savings and improved production efficiency. The relentless pursuit of greater efficiency is a fundamental factor propelling the growth of the industrial automation market, as businesses strive to remain competitive and meet the evolving demands of today's market landscape.

Restraints in the Industrial Automation Market

A significant constraint in the industrial automation market is the substantial initial capital investment necessary to deploy automation systems. This financial requirement encompasses the expenses related to acquiring automation tools, software, and relevant services, in addition to the necessary infrastructure to support these technologies. Such high upfront costs can deter potential adopters, particularly smaller organizations or those with limited budgets, as they may find it challenging to allocate the required financial resources for the implementation of these advanced systems. Consequently, this barrier can hinder the overall growth and adoption of industrial automation solutions across various sectors.

Market Trends of the Industrial Automation Market

The industrial automation market is witnessing a significant trend towards the adoption of collaborative robots, or cobots. These innovative machines are designed to work alongside human operators, enhancing collaboration and ensuring workplace safety. Unlike traditional industrial robots, cobots are user-friendly, cost-effective, and highly adaptable, making them appealing across sectors such as automotive, electronics, and food and beverage industries, where precision and scalability are crucial. As businesses become more aware of the operational advantages offered by cobots, their deployment is projected to accelerate. This rise not only boosts operational flexibility but also paves the way for the transformation into intelligent factories, fostering continuous self-adaptation and efficiency.

1. Introduction: 1.1. Objectives of the Study; 1.2. Scope of the Report; 1.3. Definitions
2. Research Methodology: 2.1. Information Procurement; 2.2. Secondary & Primary Data Methods; 2.3. Market Size Estimation; 2.4. Market Assumptions & Limitations
3. Executive Summary: 3.1. Global Market Outlook; 3.2. Supply & Demand Trend Analysis; 3.3. Segmental Opportunity Analysis
4. Market Dynamics & Outlook: 4.1. Market Overview; 4.2. Market Size; 4.3. Market Dynamics; 4.3.1. Drivers & Opportunities; 4.3.2. Restraints & Challenges; 4.4. Porters Analysis; 4.4.1. Competitive rivalry; 4.4.2. Threat of substitute; 4.4.3. Bargaining power of buyers; 4.4.4. Threat of new entrants; 4.4.5. Bargaining power of suppliers
5. Key Market Insights: 5.1. Key Success Factors; 5.2. Degree of Competition; 5.3. Top Investment Pockets; 5.4. Market Ecosystem; 5.5. Market Attractiveness Index, 2024; 5.6. PESTEL Analysis; 5.7. Macro-Economic Indicators; 5.8. Value Chain Analysis; 5.9. Pricing Analysis; 5.10. Case Study Analysis; 5.11. Trade Analysis; 5.12. Technology Analysis
6. Global Industrial Automation Market Size by Component & CAGR (2025-2032): 6.1. Market Overview; 6.2. Hardware; 6.2.1. Industrial Control Systems; 6.2.1.1. Distributed Control Systems (DCS); 6.2.1.2. Supervisory Control and Data Acquisition; 6.2.1.3. Programmable Logic Controllers; 6.2.1.4. Human-Machine Interface (HMI); 6.2.1.5. Others; 6.2.2. Field Devices; 6.2.2.1. Sensors; 6.2.2.2. Transmitters; 6.2.2.3. Motors & Drives; 6.2.2.3.1.; 6.2.2.3.1.1. Servo; 6.2.2.3.1.2. Stepper Motors; 6.2.2.3.1.3. AC/DC Drives; 6.2.2.4. Robotics; 6.2.2.4.1.; 6.2.2.4.1.1. Articulated Robots; 6.2.2.4.1.2. SCARA Robots; 6.2.2.4.1.3. Others; 6.2.2.5. Valves & Actuators; 6.2.2.6. Others; 6.3. Software; 6.3.1. Product Lifecycle Management (PLM); 6.3.2. Manufacturing Execution Systems (MES); 6.3.3. Enterprise Resource Planning (ERP); 6.3.4. Supervisory Control and Data Acquisition (SCADA); 6.3.5. Others; 6.4. Services; 6.4.1. Installation Services; 6.4.2. Maintenance & Support Services; 6.4.3. Consulting & Training Services; 6.4.4. Managed Services
7. Global Industrial Automation Market Size by End Use Industry & CAGR (2025-2032): 7.1. Market Overview; 7.2. Transportation Infrastructure; 7.2.1. Rail; 7.2.2. Others; 7.3. Energy & Power; 7.4. Nuclear; 7.5. Oil & Gas; 7.6. Manufacturing; 7.7. Life Sciences; 7.8. Logistics & Supply Chain; 7.9. Consumer Packaged Goods; 7.10. Chemical & Materials; 7.11. Infrastructure & Construction; 7.12. Aerospace & Defense; 7.13. Technology & Communications; 7.14. Environmental Services; 7.15. Mining & Metals; 7.16. Others
8. Global Industrial Automation Market Size & CAGR (2025-2032): 8.1. North America (Component, End Use Industry); 8.1.1. US; 8.1.2. Canada; 8.2. Europe (Component, End Use Industry); 8.2.1. Germany; 8.2.2. Spain; 8.2.3. France; 8.2.4. UK; 8.2.5. Italy; 8.2.6. Rest of Europe; 8.3. Asia Pacific (Component, End Use Industry); 8.3.1. China; 8.3.2. India; 8.3.3. Japan; 8.3.4. South Korea; 8.3.5. Rest of Asia-Pacific; 8.4. Latin America (Component, End Use Industry); 8.4.1. Brazil; 8.4.2. Rest of Latin America; 8.5. Middle East & Africa (Component, End Use Industry); 8.5.1. GCC Countries; 8.5.2. South Africa; 8.5.3. Rest of Middle East & Africa
9. Competitive Intelligence: 9.1. Top 5 Player Comparison; 9.2. Market Positioning of Key Players, 2024; 9.3. Strategies Adopted by Key Market Players; 9.4. Recent Developments in the Market; 9.5. Company Market Share Analysis, 2024; 9.6. Company Profiles of All Key Players; 9.6.1. Company Details; 9.6.2. Product Portfolio Analysis; 9.6.3. Company's Segmental Share Analysis; 9.6.4. Revenue Y-O-Y Comparison (2022-2024)
10. Key Company Profiles: 10.1. ABB; 10.1.1. Company Overview; 10.1.2. Business Segment Overview; 10.1.3. Financial Updates; 10.1.4. Key Developments; 10.2. Emerson; 10.2.1. Company Overview; 10.2.2. Business Segment Overview; 10.2.3. Financial Updates; 10.2.4. Key Developments; 10.3. Siemens; 10.3.1. Company Overview; 10.3.2. Business Segment Overview; 10.3.3. Financial Updates; 10.3.4. Key Developments; 10.4. Schneider Electric; 10.4.1. Company Overview; 10.4.2. Business Segment Overview; 10.4.3. Financial Updates; 10.4.4. Key Developments; 10.5. Mitsubishi Electric; 10.5.1. Company Overview; 10.5.2. Business Segment Overview; 10.5.3. Financial Updates; 10.5.4. Key Developments; 10.6. Bosch Rexroth; 10.6.1. Company Overview; 10.6.2. Business Segment Overview; 10.6.3. Financial Updates; 10.6.4. Key Developments; 10.7. Endress+Hauser; 10.7.1. Company Overview; 10.7.2. Business Segment Overview; 10.7.3. Financial Updates; 10.7.4. Key Developments; 10.8. Honeywell; 10.8.1. Company Overview; 10.8.2. Business Segment Overview; 10.8.3. Financial Updates; 10.8.4. Key Developments; 10.9. Rockwell Automation; 10.9.1. Company Overview; 10.9.2. Business Segment Overview; 10.9.3. Financial Updates; 10.9.4. Key Developments; 10.10. General Electric; 10.10.1. Company Overview; 10.10.2. Business Segment Overview; 10.10.3. Financial Updates; 10.10.4. Key Developments; 10.11. Fanuc Corporation; 10.11.1. Company Overview; 10.11.2. Business Segment Overview; 10.11.3. Financial Updates; 10.11.4. Key Developments; 10.12. Omron Corporation; 10.12.1. Company Overview; 10.12.2. Business Segment Overview; 10.12.3. Financial Updates; 10.12.4. Key Developments; 10.13. Advantech Co., Ltd.; 10.13.1. Company Overview; 10.13.2. Business Segment Overview; 10.13.3. Financial Updates; 10.13.4. Key Developments; 10.14. Hitachi Ltd.; 10.14.1. Company Overview; 10.14.2. Business Segment Overview; 10.14.3. Financial Updates; 10.14.4. Key Developments; 10.15. Keyence Corporation; 10.15.1. Company Overview; 10.15.2. Business Segment Overview; 10.15.3. Financial Updates; 10.15.4. Key Developments; 10.16. Parker Hannifin Corporation; 10.16.1. Company Overview; 10.16.2. Business Segment Overview; 10.16.3. Financial Updates; 10.16.4. Key Developments; 10.17. Yaskawa Electric Corporation; 10.17.1. Company Overview; 10.17.2. Business Segment Overview; 10.17.3. Financial Updates; 10.17.4. Key Developments; 10.18. Beckhoff Automation GmbH & Co.; 10.18.1. Company Overview; 10.18.2. Business Segment Overview; 10.18.3. Financial Updates; 10.18.4. Key Developments; 10.19. Danaher Corporation; 10.19.1. Company Overview; 10.19.2. Business Segment Overview; 10.19.3. Financial Updates; 10.19.4. Key Developments; 10.20. Fuji Electric; 10.20.1. Company Overview; 10.20.2. Business Segment Overview; 10.20.3. Financial Updates; 10.20.4. Key Developments
11. Conclusion & Recommendations