Key Insights
The Industrial Automation market is experiencing robust growth, projected to reach $203.05 million in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 8.77% from 2025 to 2033. This expansion is driven by several key factors. Increasing adoption of Industry 4.0 technologies, including the Internet of Things (IoT), artificial intelligence (AI), and machine learning (ML), is significantly boosting efficiency and productivity across various manufacturing sectors. Furthermore, the growing need for improved operational flexibility, enhanced safety standards, and reduced operational costs is fueling demand for advanced automation solutions. The rising complexity of manufacturing processes and the increasing focus on data-driven decision-making are also contributing to market growth. Leading players like Schneider Electric, Rockwell Automation, and Siemens are heavily investing in R&D to develop innovative solutions catering to these evolving needs, further solidifying the market's upward trajectory.
The market segmentation reveals a diverse landscape, with significant contributions from various automation components and solutions. Specific segment breakdowns are unavailable, however, based on industry trends, strong growth is expected in robotics, programmable logic controllers (PLCs), and industrial sensors. Geographic distribution likely shows strong performance in North America and Europe, followed by Asia-Pacific, driven by rapid industrialization and expanding manufacturing capacities in these regions. However, challenges remain; high initial investment costs for automation technologies could hinder adoption among smaller businesses. Supply chain disruptions and the need for skilled workforce to implement and manage advanced systems also represent potential hurdles to sustained growth. Nevertheless, the long-term outlook for the Industrial Automation market remains optimistic, reflecting the continuous drive towards greater efficiency and digital transformation within industries.
Industrial Automation Market: A Comprehensive Report (2019-2033)
This insightful report provides a detailed analysis of the Industrial Automation Market, covering the period 2019-2033, with a focus on the transformative shifts shaping this dynamic sector. Valued at xx Million in 2025, the market is poised for significant growth, driven by technological advancements and increasing industry demands. This report delves into market composition, leading players, emerging trends, and future opportunities, offering invaluable insights for stakeholders across the industrial automation ecosystem.
Industrial Automation Market Composition & Trends
This section meticulously examines the competitive landscape of the industrial automation market, analyzing market concentration, innovation drivers, regulatory frameworks, substitute products, end-user profiles, and merger & acquisition (M&A) activities. The report details the market share distribution among key players, including Schneider Electric SE, Rockwell Automation Inc, Honeywell International Inc, Emerson Electric Co, ABB Limited, and others. We quantify the impact of M&A activities, providing insights into deal values and their influence on market consolidation. Furthermore, we assess the role of technological innovation, government regulations, and the availability of substitute products in shaping market dynamics. The analysis also includes a deep dive into end-user segments, identifying key industries driving market growth and their specific automation needs. Finally, an overview of the evolving regulatory landscape and its implications for market players is also provided.
- Market Concentration: Analysis of market share held by top 5 players (xx%), top 10 players (xx%).
- Innovation Catalysts: Detailed analysis of R&D investments and emerging technologies.
- Regulatory Landscape: Overview of key regulations impacting the industry and their impact on market growth.
- Substitute Products: Evaluation of alternative solutions and their market penetration.
- End-User Profiles: Segmentation of end-users by industry and their automation needs.
- M&A Activity: Analysis of recent M&A deals, including deal values and their implications for market consolidation. (e.g., ABB's acquisition of Sevensense).
Industrial Automation Market Industry Evolution
This section charts the evolution of the industrial automation market, tracing its growth trajectory from 2019 to 2033. It examines the factors driving market expansion, including technological advancements such as the rise of AI, machine learning, and the Industrial Internet of Things (IIoT). The analysis includes a detailed assessment of shifting consumer demands and their impact on product development and market segmentation. We will provide specific data points illustrating the growth rate (CAGR) during the historical period (2019-2024) and projected growth during the forecast period (2025-2033). Adoption rates of key automation technologies will also be analyzed, providing insights into the market's maturation and future potential. The impact of industry 4.0 and its influence on automation adoption across different sectors will be highlighted.
Leading Regions, Countries, or Segments in Industrial Automation Market
This section identifies the dominant regions, countries, and segments within the industrial automation market. A detailed analysis pinpoints the key factors contributing to their leading position, such as favorable investment climates, supportive government policies, and strong industry clusters. We provide in-depth explanations of the factors driving the dominance of each region or segment, complemented by bullet points highlighting key drivers.
- Key Drivers for Dominant Region/Segment:
- High level of industrialization
- Government initiatives promoting automation
- Strong R&D investment
- Presence of key automation players
- Favorable economic conditions
Industrial Automation Market Product Innovations
This section showcases recent product innovations and their impact on the market. We will highlight the unique selling propositions (USPs) of these innovations, such as enhanced efficiency, improved safety, and reduced costs. We will also discuss how these innovations are shaping market competition and driving adoption across various industrial sectors. Technological advancements enabling these innovations, such as advancements in AI, machine learning, and sensor technologies, will be described. Examples of key performance indicators (KPIs) such as improved throughput, reduced downtime, and enhanced accuracy will be discussed.
Propelling Factors for Industrial Automation Market Growth
Several factors contribute to the growth of the industrial automation market. These include advancements in technologies like AI and machine learning, increasing demand for improved efficiency and productivity across industries, and supportive government policies promoting automation adoption. The falling costs of automation technologies make them accessible to a wider range of businesses. Economic growth, particularly in developing economies, further stimulates the adoption of automation solutions.
Obstacles in the Industrial Automation Market
Despite its significant growth potential, the industrial automation market faces several challenges. These include regulatory hurdles, potential supply chain disruptions, and intense competition among established players and new entrants. The high initial investment cost of implementing automation systems can be a barrier for smaller companies. Skill gaps in the workforce needed to operate and maintain these systems also pose a challenge.
Future Opportunities in Industrial Automation Market
The industrial automation market presents numerous future opportunities. These include expanding into new and emerging markets, particularly in developing countries. Further advancements in technologies like AI, 5G, and cloud computing promise to revolutionize the sector. Growing demand for enhanced cybersecurity and data analytics solutions offer significant potential for market growth. Focus on sustainable automation practices and environmental considerations is also expected to drive innovation.
Major Players in the Industrial Automation Market Ecosystem
- Schneider Electric SE
- Rockwell Automation Inc
- Honeywell International Inc
- Emerson Electric Co
- ABB Limited
- Mitsubishi Electric Corporation
- Siemens AG
- Omron Corporation
- Yokogawa Electric Corporation
- Yaskawa Electric Corporation
- Kuka Aktiengesellschaft
- Fanuc Corporation
- Regal Rexnord Corporation
- Nidec Corporation
- Basler A
Key Developments in Industrial Automation Market Industry
- April 2024: Emerson unveiled its automation solutions at the Hannover Messe in Germany, emphasizing its 'Floor to Cloud' strategy and showcasing energy monitoring capabilities with PACSystems.
- January 2024: ABB announced the acquisition of Sevensense, a Swiss start-up specializing in industrial robotics.
Strategic Industrial Automation Market Forecast
The industrial automation market is projected to experience robust growth over the forecast period (2025-2033), driven by continuous technological advancements, increasing adoption across diverse industries, and supportive government policies. The market's potential is further enhanced by the emergence of new applications and the expansion into untapped markets. The convergence of technologies like AI, IIoT, and cloud computing will play a pivotal role in shaping the future of industrial automation, driving efficiency, productivity, and innovation across various sectors.
Industrial Automation Market Segmentation
-
1. Solution
-
1.1. Industrial Control Systems
- 1.1.1. Distributed Control System (DCS)
- 1.1.2. Supervisory Control and Data Acquisition (SCADA)
- 1.1.3. Programmable Logic Controller (PLC)
- 1.1.4. Human-machine Interface (HMI)
- 1.1.5. Other Control Systems
-
1.2. Field Devices
- 1.2.1. Sensors and Transmitters
- 1.2.2. Valves and Actuators
- 1.2.3. Motors and Drives
- 1.2.4. Robotics
- 1.2.5. Other Field Devices
-
1.3. Software
- 1.3.1. Product Lifecycle Management (PLM)
- 1.3.2. Enterprise Resource and Planning (ERP)
- 1.3.3. Manufacturing Execution System (MES)
- 1.3.4. Other Software
-
1.1. Industrial Control Systems
-
2. End-user Industry
- 2.1. Oil and Gas
- 2.2. Pharmaceuticals
- 2.3. Automotive and Transportation
- 2.4. Food and Beverage
- 2.5. Power and Utilities
- 2.6. Chemical and Petrochemical
- 2.7. Other End-user Industries
Industrial Automation Market Segmentation By Geography
- 1. North America
- 2. Europe
- 3. Asia
- 4. Australia and New Zealand
- 5. Latin America
- 6. Middle East and Africa
Industrial Automation Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 8.77% from 2019-2033 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Growth of Industrial Activities in Developing Economies; Growing Emphasis on Energy Efficiency and Cost Reduction
- 3.3. Market Restrains
- 3.3.1. Growth of Industrial Activities in Developing Economies; Growing Emphasis on Energy Efficiency and Cost Reduction
- 3.4. Market Trends
- 3.4.1. Oil and Gas Industry to Witness Significant Growth
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Industrial Automation Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Solution
- 5.1.1. Industrial Control Systems
- 5.1.1.1. Distributed Control System (DCS)
- 5.1.1.2. Supervisory Control and Data Acquisition (SCADA)
- 5.1.1.3. Programmable Logic Controller (PLC)
- 5.1.1.4. Human-machine Interface (HMI)
- 5.1.1.5. Other Control Systems
- 5.1.2. Field Devices
- 5.1.2.1. Sensors and Transmitters
- 5.1.2.2. Valves and Actuators
- 5.1.2.3. Motors and Drives
- 5.1.2.4. Robotics
- 5.1.2.5. Other Field Devices
- 5.1.3. Software
- 5.1.3.1. Product Lifecycle Management (PLM)
- 5.1.3.2. Enterprise Resource and Planning (ERP)
- 5.1.3.3. Manufacturing Execution System (MES)
- 5.1.3.4. Other Software
- 5.1.1. Industrial Control Systems
- 5.2. Market Analysis, Insights and Forecast - by End-user Industry
- 5.2.1. Oil and Gas
- 5.2.2. Pharmaceuticals
- 5.2.3. Automotive and Transportation
- 5.2.4. Food and Beverage
- 5.2.5. Power and Utilities
- 5.2.6. Chemical and Petrochemical
- 5.2.7. Other End-user Industries
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. North America
- 5.3.2. Europe
- 5.3.3. Asia
- 5.3.4. Australia and New Zealand
- 5.3.5. Latin America
- 5.3.6. Middle East and Africa
- 5.1. Market Analysis, Insights and Forecast - by Solution
- 6. North America Industrial Automation Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Solution
- 6.1.1. Industrial Control Systems
- 6.1.1.1. Distributed Control System (DCS)
- 6.1.1.2. Supervisory Control and Data Acquisition (SCADA)
- 6.1.1.3. Programmable Logic Controller (PLC)
- 6.1.1.4. Human-machine Interface (HMI)
- 6.1.1.5. Other Control Systems
- 6.1.2. Field Devices
- 6.1.2.1. Sensors and Transmitters
- 6.1.2.2. Valves and Actuators
- 6.1.2.3. Motors and Drives
- 6.1.2.4. Robotics
- 6.1.2.5. Other Field Devices
- 6.1.3. Software
- 6.1.3.1. Product Lifecycle Management (PLM)
- 6.1.3.2. Enterprise Resource and Planning (ERP)
- 6.1.3.3. Manufacturing Execution System (MES)
- 6.1.3.4. Other Software
- 6.1.1. Industrial Control Systems
- 6.2. Market Analysis, Insights and Forecast - by End-user Industry
- 6.2.1. Oil and Gas
- 6.2.2. Pharmaceuticals
- 6.2.3. Automotive and Transportation
- 6.2.4. Food and Beverage
- 6.2.5. Power and Utilities
- 6.2.6. Chemical and Petrochemical
- 6.2.7. Other End-user Industries
- 6.1. Market Analysis, Insights and Forecast - by Solution
- 7. Europe Industrial Automation Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Solution
- 7.1.1. Industrial Control Systems
- 7.1.1.1. Distributed Control System (DCS)
- 7.1.1.2. Supervisory Control and Data Acquisition (SCADA)
- 7.1.1.3. Programmable Logic Controller (PLC)
- 7.1.1.4. Human-machine Interface (HMI)
- 7.1.1.5. Other Control Systems
- 7.1.2. Field Devices
- 7.1.2.1. Sensors and Transmitters
- 7.1.2.2. Valves and Actuators
- 7.1.2.3. Motors and Drives
- 7.1.2.4. Robotics
- 7.1.2.5. Other Field Devices
- 7.1.3. Software
- 7.1.3.1. Product Lifecycle Management (PLM)
- 7.1.3.2. Enterprise Resource and Planning (ERP)
- 7.1.3.3. Manufacturing Execution System (MES)
- 7.1.3.4. Other Software
- 7.1.1. Industrial Control Systems
- 7.2. Market Analysis, Insights and Forecast - by End-user Industry
- 7.2.1. Oil and Gas
- 7.2.2. Pharmaceuticals
- 7.2.3. Automotive and Transportation
- 7.2.4. Food and Beverage
- 7.2.5. Power and Utilities
- 7.2.6. Chemical and Petrochemical
- 7.2.7. Other End-user Industries
- 7.1. Market Analysis, Insights and Forecast - by Solution
- 8. Asia Industrial Automation Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Solution
- 8.1.1. Industrial Control Systems
- 8.1.1.1. Distributed Control System (DCS)
- 8.1.1.2. Supervisory Control and Data Acquisition (SCADA)
- 8.1.1.3. Programmable Logic Controller (PLC)
- 8.1.1.4. Human-machine Interface (HMI)
- 8.1.1.5. Other Control Systems
- 8.1.2. Field Devices
- 8.1.2.1. Sensors and Transmitters
- 8.1.2.2. Valves and Actuators
- 8.1.2.3. Motors and Drives
- 8.1.2.4. Robotics
- 8.1.2.5. Other Field Devices
- 8.1.3. Software
- 8.1.3.1. Product Lifecycle Management (PLM)
- 8.1.3.2. Enterprise Resource and Planning (ERP)
- 8.1.3.3. Manufacturing Execution System (MES)
- 8.1.3.4. Other Software
- 8.1.1. Industrial Control Systems
- 8.2. Market Analysis, Insights and Forecast - by End-user Industry
- 8.2.1. Oil and Gas
- 8.2.2. Pharmaceuticals
- 8.2.3. Automotive and Transportation
- 8.2.4. Food and Beverage
- 8.2.5. Power and Utilities
- 8.2.6. Chemical and Petrochemical
- 8.2.7. Other End-user Industries
- 8.1. Market Analysis, Insights and Forecast - by Solution
- 9. Australia and New Zealand Industrial Automation Market Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Solution
- 9.1.1. Industrial Control Systems
- 9.1.1.1. Distributed Control System (DCS)
- 9.1.1.2. Supervisory Control and Data Acquisition (SCADA)
- 9.1.1.3. Programmable Logic Controller (PLC)
- 9.1.1.4. Human-machine Interface (HMI)
- 9.1.1.5. Other Control Systems
- 9.1.2. Field Devices
- 9.1.2.1. Sensors and Transmitters
- 9.1.2.2. Valves and Actuators
- 9.1.2.3. Motors and Drives
- 9.1.2.4. Robotics
- 9.1.2.5. Other Field Devices
- 9.1.3. Software
- 9.1.3.1. Product Lifecycle Management (PLM)
- 9.1.3.2. Enterprise Resource and Planning (ERP)
- 9.1.3.3. Manufacturing Execution System (MES)
- 9.1.3.4. Other Software
- 9.1.1. Industrial Control Systems
- 9.2. Market Analysis, Insights and Forecast - by End-user Industry
- 9.2.1. Oil and Gas
- 9.2.2. Pharmaceuticals
- 9.2.3. Automotive and Transportation
- 9.2.4. Food and Beverage
- 9.2.5. Power and Utilities
- 9.2.6. Chemical and Petrochemical
- 9.2.7. Other End-user Industries
- 9.1. Market Analysis, Insights and Forecast - by Solution
- 10. Latin America Industrial Automation Market Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - by Solution
- 10.1.1. Industrial Control Systems
- 10.1.1.1. Distributed Control System (DCS)
- 10.1.1.2. Supervisory Control and Data Acquisition (SCADA)
- 10.1.1.3. Programmable Logic Controller (PLC)
- 10.1.1.4. Human-machine Interface (HMI)
- 10.1.1.5. Other Control Systems
- 10.1.2. Field Devices
- 10.1.2.1. Sensors and Transmitters
- 10.1.2.2. Valves and Actuators
- 10.1.2.3. Motors and Drives
- 10.1.2.4. Robotics
- 10.1.2.5. Other Field Devices
- 10.1.3. Software
- 10.1.3.1. Product Lifecycle Management (PLM)
- 10.1.3.2. Enterprise Resource and Planning (ERP)
- 10.1.3.3. Manufacturing Execution System (MES)
- 10.1.3.4. Other Software
- 10.1.1. Industrial Control Systems
- 10.2. Market Analysis, Insights and Forecast - by End-user Industry
- 10.2.1. Oil and Gas
- 10.2.2. Pharmaceuticals
- 10.2.3. Automotive and Transportation
- 10.2.4. Food and Beverage
- 10.2.5. Power and Utilities
- 10.2.6. Chemical and Petrochemical
- 10.2.7. Other End-user Industries
- 10.1. Market Analysis, Insights and Forecast - by Solution
- 11. Middle East and Africa Industrial Automation Market Analysis, Insights and Forecast, 2019-2031
- 11.1. Market Analysis, Insights and Forecast - by Solution
- 11.1.1. Industrial Control Systems
- 11.1.1.1. Distributed Control System (DCS)
- 11.1.1.2. Supervisory Control and Data Acquisition (SCADA)
- 11.1.1.3. Programmable Logic Controller (PLC)
- 11.1.1.4. Human-machine Interface (HMI)
- 11.1.1.5. Other Control Systems
- 11.1.2. Field Devices
- 11.1.2.1. Sensors and Transmitters
- 11.1.2.2. Valves and Actuators
- 11.1.2.3. Motors and Drives
- 11.1.2.4. Robotics
- 11.1.2.5. Other Field Devices
- 11.1.3. Software
- 11.1.3.1. Product Lifecycle Management (PLM)
- 11.1.3.2. Enterprise Resource and Planning (ERP)
- 11.1.3.3. Manufacturing Execution System (MES)
- 11.1.3.4. Other Software
- 11.1.1. Industrial Control Systems
- 11.2. Market Analysis, Insights and Forecast - by End-user Industry
- 11.2.1. Oil and Gas
- 11.2.2. Pharmaceuticals
- 11.2.3. Automotive and Transportation
- 11.2.4. Food and Beverage
- 11.2.5. Power and Utilities
- 11.2.6. Chemical and Petrochemical
- 11.2.7. Other End-user Industries
- 11.1. Market Analysis, Insights and Forecast - by Solution
- 12. Competitive Analysis
- 12.1. Global Market Share Analysis 2024
- 12.2. Company Profiles
- 12.2.1 Schneider Electric SE
- 12.2.1.1. Overview
- 12.2.1.2. Products
- 12.2.1.3. SWOT Analysis
- 12.2.1.4. Recent Developments
- 12.2.1.5. Financials (Based on Availability)
- 12.2.2 Rockwell Automation Inc
- 12.2.2.1. Overview
- 12.2.2.2. Products
- 12.2.2.3. SWOT Analysis
- 12.2.2.4. Recent Developments
- 12.2.2.5. Financials (Based on Availability)
- 12.2.3 Honeywell International Inc
- 12.2.3.1. Overview
- 12.2.3.2. Products
- 12.2.3.3. SWOT Analysis
- 12.2.3.4. Recent Developments
- 12.2.3.5. Financials (Based on Availability)
- 12.2.4 Emerson Electric Co
- 12.2.4.1. Overview
- 12.2.4.2. Products
- 12.2.4.3. SWOT Analysis
- 12.2.4.4. Recent Developments
- 12.2.4.5. Financials (Based on Availability)
- 12.2.5 ABB Limited
- 12.2.5.1. Overview
- 12.2.5.2. Products
- 12.2.5.3. SWOT Analysis
- 12.2.5.4. Recent Developments
- 12.2.5.5. Financials (Based on Availability)
- 12.2.6 Mitsubishi Electric Corporation
- 12.2.6.1. Overview
- 12.2.6.2. Products
- 12.2.6.3. SWOT Analysis
- 12.2.6.4. Recent Developments
- 12.2.6.5. Financials (Based on Availability)
- 12.2.7 Siemens AG
- 12.2.7.1. Overview
- 12.2.7.2. Products
- 12.2.7.3. SWOT Analysis
- 12.2.7.4. Recent Developments
- 12.2.7.5. Financials (Based on Availability)
- 12.2.8 Omron Corporation
- 12.2.8.1. Overview
- 12.2.8.2. Products
- 12.2.8.3. SWOT Analysis
- 12.2.8.4. Recent Developments
- 12.2.8.5. Financials (Based on Availability)
- 12.2.9 Yokogawa Electric Corporation
- 12.2.9.1. Overview
- 12.2.9.2. Products
- 12.2.9.3. SWOT Analysis
- 12.2.9.4. Recent Developments
- 12.2.9.5. Financials (Based on Availability)
- 12.2.10 Yaskawa Electric Corporation
- 12.2.10.1. Overview
- 12.2.10.2. Products
- 12.2.10.3. SWOT Analysis
- 12.2.10.4. Recent Developments
- 12.2.10.5. Financials (Based on Availability)
- 12.2.11 Kuka Aktiengesellschaft
- 12.2.11.1. Overview
- 12.2.11.2. Products
- 12.2.11.3. SWOT Analysis
- 12.2.11.4. Recent Developments
- 12.2.11.5. Financials (Based on Availability)
- 12.2.12 Fanuc Corporation
- 12.2.12.1. Overview
- 12.2.12.2. Products
- 12.2.12.3. SWOT Analysis
- 12.2.12.4. Recent Developments
- 12.2.12.5. Financials (Based on Availability)
- 12.2.13 Regal Rexnord Corporation
- 12.2.13.1. Overview
- 12.2.13.2. Products
- 12.2.13.3. SWOT Analysis
- 12.2.13.4. Recent Developments
- 12.2.13.5. Financials (Based on Availability)
- 12.2.14 Nidec Corporation
- 12.2.14.1. Overview
- 12.2.14.2. Products
- 12.2.14.3. SWOT Analysis
- 12.2.14.4. Recent Developments
- 12.2.14.5. Financials (Based on Availability)
- 12.2.15 Basler A
- 12.2.15.1. Overview
- 12.2.15.2. Products
- 12.2.15.3. SWOT Analysis
- 12.2.15.4. Recent Developments
- 12.2.15.5. Financials (Based on Availability)
- 12.2.1 Schneider Electric SE
List of Figures
- Figure 1: Global Industrial Automation Market Revenue Breakdown (Million, %) by Region 2024 & 2032
- Figure 2: Global Industrial Automation Market Volume Breakdown (Billion, %) by Region 2024 & 2032
- Figure 3: North America Industrial Automation Market Revenue (Million), by Solution 2024 & 2032
- Figure 4: North America Industrial Automation Market Volume (Billion), by Solution 2024 & 2032
- Figure 5: North America Industrial Automation Market Revenue Share (%), by Solution 2024 & 2032
- Figure 6: North America Industrial Automation Market Volume Share (%), by Solution 2024 & 2032
- Figure 7: North America Industrial Automation Market Revenue (Million), by End-user Industry 2024 & 2032
- Figure 8: North America Industrial Automation Market Volume (Billion), by End-user Industry 2024 & 2032
- Figure 9: North America Industrial Automation Market Revenue Share (%), by End-user Industry 2024 & 2032
- Figure 10: North America Industrial Automation Market Volume Share (%), by End-user Industry 2024 & 2032
- Figure 11: North America Industrial Automation Market Revenue (Million), by Country 2024 & 2032
- Figure 12: North America Industrial Automation Market Volume (Billion), by Country 2024 & 2032
- Figure 13: North America Industrial Automation Market Revenue Share (%), by Country 2024 & 2032
- Figure 14: North America Industrial Automation Market Volume Share (%), by Country 2024 & 2032
- Figure 15: Europe Industrial Automation Market Revenue (Million), by Solution 2024 & 2032
- Figure 16: Europe Industrial Automation Market Volume (Billion), by Solution 2024 & 2032
- Figure 17: Europe Industrial Automation Market Revenue Share (%), by Solution 2024 & 2032
- Figure 18: Europe Industrial Automation Market Volume Share (%), by Solution 2024 & 2032
- Figure 19: Europe Industrial Automation Market Revenue (Million), by End-user Industry 2024 & 2032
- Figure 20: Europe Industrial Automation Market Volume (Billion), by End-user Industry 2024 & 2032
- Figure 21: Europe Industrial Automation Market Revenue Share (%), by End-user Industry 2024 & 2032
- Figure 22: Europe Industrial Automation Market Volume Share (%), by End-user Industry 2024 & 2032
- Figure 23: Europe Industrial Automation Market Revenue (Million), by Country 2024 & 2032
- Figure 24: Europe Industrial Automation Market Volume (Billion), by Country 2024 & 2032
- Figure 25: Europe Industrial Automation Market Revenue Share (%), by Country 2024 & 2032
- Figure 26: Europe Industrial Automation Market Volume Share (%), by Country 2024 & 2032
- Figure 27: Asia Industrial Automation Market Revenue (Million), by Solution 2024 & 2032
- Figure 28: Asia Industrial Automation Market Volume (Billion), by Solution 2024 & 2032
- Figure 29: Asia Industrial Automation Market Revenue Share (%), by Solution 2024 & 2032
- Figure 30: Asia Industrial Automation Market Volume Share (%), by Solution 2024 & 2032
- Figure 31: Asia Industrial Automation Market Revenue (Million), by End-user Industry 2024 & 2032
- Figure 32: Asia Industrial Automation Market Volume (Billion), by End-user Industry 2024 & 2032
- Figure 33: Asia Industrial Automation Market Revenue Share (%), by End-user Industry 2024 & 2032
- Figure 34: Asia Industrial Automation Market Volume Share (%), by End-user Industry 2024 & 2032
- Figure 35: Asia Industrial Automation Market Revenue (Million), by Country 2024 & 2032
- Figure 36: Asia Industrial Automation Market Volume (Billion), by Country 2024 & 2032
- Figure 37: Asia Industrial Automation Market Revenue Share (%), by Country 2024 & 2032
- Figure 38: Asia Industrial Automation Market Volume Share (%), by Country 2024 & 2032
- Figure 39: Australia and New Zealand Industrial Automation Market Revenue (Million), by Solution 2024 & 2032
- Figure 40: Australia and New Zealand Industrial Automation Market Volume (Billion), by Solution 2024 & 2032
- Figure 41: Australia and New Zealand Industrial Automation Market Revenue Share (%), by Solution 2024 & 2032
- Figure 42: Australia and New Zealand Industrial Automation Market Volume Share (%), by Solution 2024 & 2032
- Figure 43: Australia and New Zealand Industrial Automation Market Revenue (Million), by End-user Industry 2024 & 2032
- Figure 44: Australia and New Zealand Industrial Automation Market Volume (Billion), by End-user Industry 2024 & 2032
- Figure 45: Australia and New Zealand Industrial Automation Market Revenue Share (%), by End-user Industry 2024 & 2032
- Figure 46: Australia and New Zealand Industrial Automation Market Volume Share (%), by End-user Industry 2024 & 2032
- Figure 47: Australia and New Zealand Industrial Automation Market Revenue (Million), by Country 2024 & 2032
- Figure 48: Australia and New Zealand Industrial Automation Market Volume (Billion), by Country 2024 & 2032
- Figure 49: Australia and New Zealand Industrial Automation Market Revenue Share (%), by Country 2024 & 2032
- Figure 50: Australia and New Zealand Industrial Automation Market Volume Share (%), by Country 2024 & 2032
- Figure 51: Latin America Industrial Automation Market Revenue (Million), by Solution 2024 & 2032
- Figure 52: Latin America Industrial Automation Market Volume (Billion), by Solution 2024 & 2032
- Figure 53: Latin America Industrial Automation Market Revenue Share (%), by Solution 2024 & 2032
- Figure 54: Latin America Industrial Automation Market Volume Share (%), by Solution 2024 & 2032
- Figure 55: Latin America Industrial Automation Market Revenue (Million), by End-user Industry 2024 & 2032
- Figure 56: Latin America Industrial Automation Market Volume (Billion), by End-user Industry 2024 & 2032
- Figure 57: Latin America Industrial Automation Market Revenue Share (%), by End-user Industry 2024 & 2032
- Figure 58: Latin America Industrial Automation Market Volume Share (%), by End-user Industry 2024 & 2032
- Figure 59: Latin America Industrial Automation Market Revenue (Million), by Country 2024 & 2032
- Figure 60: Latin America Industrial Automation Market Volume (Billion), by Country 2024 & 2032
- Figure 61: Latin America Industrial Automation Market Revenue Share (%), by Country 2024 & 2032
- Figure 62: Latin America Industrial Automation Market Volume Share (%), by Country 2024 & 2032
- Figure 63: Middle East and Africa Industrial Automation Market Revenue (Million), by Solution 2024 & 2032
- Figure 64: Middle East and Africa Industrial Automation Market Volume (Billion), by Solution 2024 & 2032
- Figure 65: Middle East and Africa Industrial Automation Market Revenue Share (%), by Solution 2024 & 2032
- Figure 66: Middle East and Africa Industrial Automation Market Volume Share (%), by Solution 2024 & 2032
- Figure 67: Middle East and Africa Industrial Automation Market Revenue (Million), by End-user Industry 2024 & 2032
- Figure 68: Middle East and Africa Industrial Automation Market Volume (Billion), by End-user Industry 2024 & 2032
- Figure 69: Middle East and Africa Industrial Automation Market Revenue Share (%), by End-user Industry 2024 & 2032
- Figure 70: Middle East and Africa Industrial Automation Market Volume Share (%), by End-user Industry 2024 & 2032
- Figure 71: Middle East and Africa Industrial Automation Market Revenue (Million), by Country 2024 & 2032
- Figure 72: Middle East and Africa Industrial Automation Market Volume (Billion), by Country 2024 & 2032
- Figure 73: Middle East and Africa Industrial Automation Market Revenue Share (%), by Country 2024 & 2032
- Figure 74: Middle East and Africa Industrial Automation Market Volume Share (%), by Country 2024 & 2032
List of Tables
- Table 1: Global Industrial Automation Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Global Industrial Automation Market Volume Billion Forecast, by Region 2019 & 2032
- Table 3: Global Industrial Automation Market Revenue Million Forecast, by Solution 2019 & 2032
- Table 4: Global Industrial Automation Market Volume Billion Forecast, by Solution 2019 & 2032
- Table 5: Global Industrial Automation Market Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 6: Global Industrial Automation Market Volume Billion Forecast, by End-user Industry 2019 & 2032
- Table 7: Global Industrial Automation Market Revenue Million Forecast, by Region 2019 & 2032
- Table 8: Global Industrial Automation Market Volume Billion Forecast, by Region 2019 & 2032
- Table 9: Global Industrial Automation Market Revenue Million Forecast, by Solution 2019 & 2032
- Table 10: Global Industrial Automation Market Volume Billion Forecast, by Solution 2019 & 2032
- Table 11: Global Industrial Automation Market Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 12: Global Industrial Automation Market Volume Billion Forecast, by End-user Industry 2019 & 2032
- Table 13: Global Industrial Automation Market Revenue Million Forecast, by Country 2019 & 2032
- Table 14: Global Industrial Automation Market Volume Billion Forecast, by Country 2019 & 2032
- Table 15: Global Industrial Automation Market Revenue Million Forecast, by Solution 2019 & 2032
- Table 16: Global Industrial Automation Market Volume Billion Forecast, by Solution 2019 & 2032
- Table 17: Global Industrial Automation Market Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 18: Global Industrial Automation Market Volume Billion Forecast, by End-user Industry 2019 & 2032
- Table 19: Global Industrial Automation Market Revenue Million Forecast, by Country 2019 & 2032
- Table 20: Global Industrial Automation Market Volume Billion Forecast, by Country 2019 & 2032
- Table 21: Global Industrial Automation Market Revenue Million Forecast, by Solution 2019 & 2032
- Table 22: Global Industrial Automation Market Volume Billion Forecast, by Solution 2019 & 2032
- Table 23: Global Industrial Automation Market Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 24: Global Industrial Automation Market Volume Billion Forecast, by End-user Industry 2019 & 2032
- Table 25: Global Industrial Automation Market Revenue Million Forecast, by Country 2019 & 2032
- Table 26: Global Industrial Automation Market Volume Billion Forecast, by Country 2019 & 2032
- Table 27: Global Industrial Automation Market Revenue Million Forecast, by Solution 2019 & 2032
- Table 28: Global Industrial Automation Market Volume Billion Forecast, by Solution 2019 & 2032
- Table 29: Global Industrial Automation Market Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 30: Global Industrial Automation Market Volume Billion Forecast, by End-user Industry 2019 & 2032
- Table 31: Global Industrial Automation Market Revenue Million Forecast, by Country 2019 & 2032
- Table 32: Global Industrial Automation Market Volume Billion Forecast, by Country 2019 & 2032
- Table 33: Global Industrial Automation Market Revenue Million Forecast, by Solution 2019 & 2032
- Table 34: Global Industrial Automation Market Volume Billion Forecast, by Solution 2019 & 2032
- Table 35: Global Industrial Automation Market Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 36: Global Industrial Automation Market Volume Billion Forecast, by End-user Industry 2019 & 2032
- Table 37: Global Industrial Automation Market Revenue Million Forecast, by Country 2019 & 2032
- Table 38: Global Industrial Automation Market Volume Billion Forecast, by Country 2019 & 2032
- Table 39: Global Industrial Automation Market Revenue Million Forecast, by Solution 2019 & 2032
- Table 40: Global Industrial Automation Market Volume Billion Forecast, by Solution 2019 & 2032
- Table 41: Global Industrial Automation Market Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 42: Global Industrial Automation Market Volume Billion Forecast, by End-user Industry 2019 & 2032
- Table 43: Global Industrial Automation Market Revenue Million Forecast, by Country 2019 & 2032
- Table 44: Global Industrial Automation Market Volume Billion Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Industrial Automation Market?
The projected CAGR is approximately 8.77%.
2. Which companies are prominent players in the Industrial Automation Market?
Key companies in the market include Schneider Electric SE, Rockwell Automation Inc, Honeywell International Inc, Emerson Electric Co, ABB Limited, Mitsubishi Electric Corporation, Siemens AG, Omron Corporation, Yokogawa Electric Corporation, Yaskawa Electric Corporation, Kuka Aktiengesellschaft, Fanuc Corporation, Regal Rexnord Corporation, Nidec Corporation, Basler A.
3. What are the main segments of the Industrial Automation Market?
The market segments include Solution, End-user Industry.
4. Can you provide details about the market size?
The market size is estimated to be USD 203.05 Million as of 2022.
5. What are some drivers contributing to market growth?
Growth of Industrial Activities in Developing Economies; Growing Emphasis on Energy Efficiency and Cost Reduction.
6. What are the notable trends driving market growth?
Oil and Gas Industry to Witness Significant Growth.
7. Are there any restraints impacting market growth?
Growth of Industrial Activities in Developing Economies; Growing Emphasis on Energy Efficiency and Cost Reduction.
8. Can you provide examples of recent developments in the market?
April 2024: Emerson unveiled its automation solutions at the Hannover Messe in Germany in April 2024, emphasizing its 'Floor to Cloud' strategy. A key highlight was the PACSystems exhibit, specifically crafted to showcase its prowess in energy monitoring. This demonstration showcased Emerson's energy efficiency and offered insights into the energy consumption of adjacent booths. The primary aim was to underscore the potential of industrial edge control systems, when paired with sophisticated software and analytics, in continuously enhancing operational efficiency by maximizing equipment and resources.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million and volume, measured in Billion.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Industrial Automation Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Industrial Automation Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Industrial Automation Market?
To stay informed about further developments, trends, and reports in the Industrial Automation Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
