Key Insights
The Industrial Automation market, valued at $199.69 billion in 2025, is projected to experience robust growth, driven by the increasing adoption of Industry 4.0 technologies, the rising demand for enhanced operational efficiency across various sectors, and a global push towards automation to improve productivity and reduce labor costs. Key growth drivers include the expanding application of advanced technologies such as artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT) in industrial processes. The automotive, chemical, and petrochemical industries are major end-user sectors, consistently investing in automation solutions to optimize production lines, improve product quality, and enhance safety. Furthermore, the burgeoning need for sophisticated control systems in sectors like pharmaceuticals and food and beverage processing, emphasizing stringent quality and hygiene standards, fuels market expansion. Increased government initiatives promoting digitalization and smart manufacturing further contribute to the market's positive outlook.
However, the market also faces certain restraints. High initial investment costs associated with implementing industrial automation solutions can be a barrier for smaller companies. The complexity of integrating diverse automation systems and the need for specialized skilled labor to manage these systems represent additional challenges. Cybersecurity concerns related to interconnected industrial control systems and the potential disruption caused by system failures remain significant obstacles. Despite these hurdles, the long-term prospects for the Industrial Automation market remain strong, supported by ongoing technological advancements, increasing industry-specific regulations, and a global trend towards increased automation across various economic sectors. The market is segmented by product type (industrial control systems and field devices) and end-user industry, allowing for targeted investment and innovation based on specific needs and technological capabilities.
Industrial Automation Industry Market Report: 2019-2033
This comprehensive report provides an in-depth analysis of the Industrial Automation Market, projecting a market value exceeding $XX Million by 2033. It offers crucial insights for industry stakeholders, investors, and businesses seeking to navigate this dynamic sector. The report covers key market segments, leading players, and emerging trends, providing actionable data for strategic decision-making. This report covers the period from 2019 to 2033, with a base year of 2025 and a forecast period of 2025-2033.
Industrial Automation Industry Market Dynamics & Concentration
The Industrial Automation market, valued at $XX Million in 2024, is characterized by moderate concentration, with several major players holding significant market share. Honeywell International Inc, Robert Bosch GmbH, Texas Instruments Inc, Mitsubishi Electric Corporation, Siemens AG, General Electric Co, Schneider Electric SE, Omron Corporation, Rockwell Automation Inc, Yokogawa Electric Corporation, ABB Limited, and Emerson Electric Company are among the key players, though market share specifics vary by segment and region. Innovation, driven by advancements in artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT), is a major growth catalyst. Stringent regulatory frameworks concerning safety and data security influence market practices. Product substitution is relatively low, given the specialized nature of industrial automation solutions. End-user trends favor increased automation to enhance efficiency and productivity, fueling market growth. Mergers and acquisitions (M&A) activity in the sector remains robust, with XX M&A deals recorded in the last five years, primarily focused on expanding technological capabilities and market reach.
- Market Share: Dominated by a handful of multinational corporations, with the top 5 holding approximately XX% of the global market.
- M&A Activity: XX deals recorded between 2019 and 2024, indicating aggressive market consolidation.
- Innovation Drivers: AI, ML, IoT, and advanced robotics are reshaping industrial processes and driving demand for sophisticated automation solutions.
- Regulatory Landscape: Compliance with safety standards (e.g., IEC 61131-3) and data privacy regulations (e.g., GDPR) influences technology adoption and product development.
Industrial Automation Industry Industry Trends & Analysis
The Industrial Automation industry exhibits a robust Compound Annual Growth Rate (CAGR) of XX% during the forecast period (2025-2033). This growth is propelled by several key factors, including the increasing adoption of Industry 4.0 technologies, the rising need for enhanced productivity and efficiency across various industries, and growing investments in automation solutions from both developed and developing economies. Technological disruptions, such as the widespread adoption of cloud-based platforms and edge computing, are transforming how industrial processes are monitored and controlled. Consumer preference shifts toward greater automation in manufacturing and supply chains are further driving market expansion. Competitive dynamics are fierce, with established players facing challenges from agile startups developing innovative solutions. Market penetration of advanced automation technologies remains relatively high in developed countries but is rapidly expanding in emerging markets.
Leading Markets & Segments in Industrial Automation Industry
The Asia-Pacific region is currently the dominant market for industrial automation, driven by robust industrialization and economic growth in countries like China and India. North America and Europe also hold substantial market shares.
- By Product: Industrial Control Systems segment leads, followed by Field Devices.
- By End-User Industry: The Automotive, Chemical and Petrochemical, and Oil and Gas sectors represent the largest consumers of industrial automation technologies, driven by the need for precise process control and enhanced safety.
- Key Drivers (Asia-Pacific):
- Rapid industrialization and manufacturing expansion.
- Government initiatives promoting technological upgrades and automation.
- Growing investments from multinational corporations.
- Favorable labor costs.
Industrial Automation Industry Product Developments
Recent years have witnessed significant product innovations, including advanced programmable logic controllers (PLCs), sophisticated sensor technologies, and robust industrial communication networks. These developments offer enhanced capabilities for process control, data analytics, and remote monitoring, providing competitive advantages to manufacturers. The market is witnessing a growing integration of AI and ML to enable predictive maintenance and optimize industrial processes. This focus on smart automation and improved connectivity enhances efficiency and reduces operational costs, making them attractive to businesses across various industries.
Key Drivers of Industrial Automation Industry Growth
The growth of the industrial automation industry is driven by several key factors. Technological advancements, such as the rise of AI, machine learning, and the Internet of Things, are enabling smarter and more efficient automation solutions. Simultaneously, economic factors, including the increasing need for improved productivity and cost reduction, are driving demand. Furthermore, regulatory changes and stricter environmental regulations are pushing businesses toward more sustainable and automated processes.
Challenges in the Industrial Automation Industry Market
The industrial automation market faces various challenges, including high initial investment costs, the need for specialized technical expertise, and cybersecurity concerns regarding data breaches. Supply chain disruptions and rising raw material costs also impact profitability. Furthermore, stiff competition among established players and emerging technologies increases the complexity of the market.
Emerging Opportunities in Industrial Automation Industry
The industrial automation sector presents several promising opportunities. The growing adoption of cloud computing, edge computing, and advanced analytics is creating new avenues for data-driven optimization and predictive maintenance. Strategic partnerships between automation technology providers and industrial companies pave the way for customized solutions and accelerated technological integration. Expanding into new markets, especially in developing economies, presents substantial growth potential.
Leading Players in the Industrial Automation Industry Sector
- Honeywell International Inc
- Robert Bosch GmbH
- Texas Instruments Inc
- Mitsubishi Electric Corporation
- Siemens AG
- General Electric Co
- Schneider Electric SE
- Omron Corporation
- Rockwell Automation Inc
- Yokogawa Electric Corporation
- ABB Limited
- Emerson Electric Company
Key Milestones in Industrial Automation Industry Industry
- June 2022: Mitsubishi Electric Corporation announces a INR 2.2 billion investment in a new Indian factory for inverters and FA control systems, expanding its production capacity to meet growing regional demand. This signals a strong commitment to the expanding Indian industrial automation market.
- May 2022: DENSO Corporation and Honeywell collaborate on an electric motor for Lilium Jet, marking DENSO's entry into the aerospace sector and highlighting the growing importance of electric propulsion in advanced aviation.
- May 2022: Emerson launches its PACSystems RSTi-EP CPE 200 programmable automation controllers, targeting OEMs and simplifying the development process by reducing reliance on specialized software engineering skills. This highlights the continuous drive for more user-friendly and efficient automation solutions.
Strategic Outlook for Industrial Automation Industry Market
The industrial automation market is poised for significant growth, driven by ongoing technological advancements, increasing demand for enhanced efficiency, and a global shift towards Industry 4.0. Strategic partnerships, investments in research and development, and expansion into emerging markets will be crucial for success. Focusing on innovative solutions that address the unique needs of various industrial sectors will be essential for capturing market share and driving sustainable growth in this dynamic environment.
Industrial Automation Industry Segmentation
-
1. Product
-
1.1. By Industrial Control Systems
- 1.1.1. Distributed Control System (DCS)
- 1.1.2. Programmable Logic Controller (PLC)
- 1.1.3. Supervisory Control and Data Acquisition (SCADA)
- 1.1.4. Product Lifecycle Management (PLM)
- 1.1.5. Human Machine Interface (HMI)
- 1.1.6. Manufacturing Execution System (MES)
- 1.1.7. Enterprise Resource Planning (ERP)
- 1.1.8. Other Industrial Control Systems
-
1.2. Field Devices
- 1.2.1. Machine Vision Systems
- 1.2.2. Robotics (Industrial)
- 1.2.3. Sensors and Transmitters
- 1.2.4. Motors and Drives
- 1.2.5. Other Field Devices
-
1.1. By Industrial Control Systems
-
2. End-User Industry
- 2.1. Automotive
- 2.2. Chemical and Petrochemical
- 2.3. Utility
- 2.4. Pharmaceutical
- 2.5. Food and Beverage
- 2.6. Oil and Gas
- 2.7. Other End-user Industries
Industrial Automation Industry Segmentation By Geography
-
1. North America
- 1.1. United States
- 1.2. Canada
-
2. Europe
- 2.1. United Kingdom
- 2.2. Germany
- 2.3. France
- 2.4. Rest of Europe
-
3. Asia Pacific
- 3.1. China
- 3.2. India
- 3.3. Japan
- 3.4. Rest of Asia Pacific
- 4. Latin America
- 5. Middle East
Industrial Automation Industry 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 8.80% 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. Growing Emphasis on Energy Efficiency and Cost Reduction; Growing Trend Towards Automation
- 3.3. Market Restrains
- 3.3.1. ; Trade Tensions and Implementation Challenges
- 3.4. Market Trends
- 3.4.1. Automotive is Expected to Register a 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 Industry Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Product
- 5.1.1. By Industrial Control Systems
- 5.1.1.1. Distributed Control System (DCS)
- 5.1.1.2. Programmable Logic Controller (PLC)
- 5.1.1.3. Supervisory Control and Data Acquisition (SCADA)
- 5.1.1.4. Product Lifecycle Management (PLM)
- 5.1.1.5. Human Machine Interface (HMI)
- 5.1.1.6. Manufacturing Execution System (MES)
- 5.1.1.7. Enterprise Resource Planning (ERP)
- 5.1.1.8. Other Industrial Control Systems
- 5.1.2. Field Devices
- 5.1.2.1. Machine Vision Systems
- 5.1.2.2. Robotics (Industrial)
- 5.1.2.3. Sensors and Transmitters
- 5.1.2.4. Motors and Drives
- 5.1.2.5. Other Field Devices
- 5.1.1. By Industrial Control Systems
- 5.2. Market Analysis, Insights and Forecast - by End-User Industry
- 5.2.1. Automotive
- 5.2.2. Chemical and Petrochemical
- 5.2.3. Utility
- 5.2.4. Pharmaceutical
- 5.2.5. Food and Beverage
- 5.2.6. Oil and Gas
- 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 Pacific
- 5.3.4. Latin America
- 5.3.5. Middle East
- 5.1. Market Analysis, Insights and Forecast - by Product
- 6. North America Industrial Automation Industry Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Product
- 6.1.1. By Industrial Control Systems
- 6.1.1.1. Distributed Control System (DCS)
- 6.1.1.2. Programmable Logic Controller (PLC)
- 6.1.1.3. Supervisory Control and Data Acquisition (SCADA)
- 6.1.1.4. Product Lifecycle Management (PLM)
- 6.1.1.5. Human Machine Interface (HMI)
- 6.1.1.6. Manufacturing Execution System (MES)
- 6.1.1.7. Enterprise Resource Planning (ERP)
- 6.1.1.8. Other Industrial Control Systems
- 6.1.2. Field Devices
- 6.1.2.1. Machine Vision Systems
- 6.1.2.2. Robotics (Industrial)
- 6.1.2.3. Sensors and Transmitters
- 6.1.2.4. Motors and Drives
- 6.1.2.5. Other Field Devices
- 6.1.1. By Industrial Control Systems
- 6.2. Market Analysis, Insights and Forecast - by End-User Industry
- 6.2.1. Automotive
- 6.2.2. Chemical and Petrochemical
- 6.2.3. Utility
- 6.2.4. Pharmaceutical
- 6.2.5. Food and Beverage
- 6.2.6. Oil and Gas
- 6.2.7. Other End-user Industries
- 6.1. Market Analysis, Insights and Forecast - by Product
- 7. Europe Industrial Automation Industry Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Product
- 7.1.1. By Industrial Control Systems
- 7.1.1.1. Distributed Control System (DCS)
- 7.1.1.2. Programmable Logic Controller (PLC)
- 7.1.1.3. Supervisory Control and Data Acquisition (SCADA)
- 7.1.1.4. Product Lifecycle Management (PLM)
- 7.1.1.5. Human Machine Interface (HMI)
- 7.1.1.6. Manufacturing Execution System (MES)
- 7.1.1.7. Enterprise Resource Planning (ERP)
- 7.1.1.8. Other Industrial Control Systems
- 7.1.2. Field Devices
- 7.1.2.1. Machine Vision Systems
- 7.1.2.2. Robotics (Industrial)
- 7.1.2.3. Sensors and Transmitters
- 7.1.2.4. Motors and Drives
- 7.1.2.5. Other Field Devices
- 7.1.1. By Industrial Control Systems
- 7.2. Market Analysis, Insights and Forecast - by End-User Industry
- 7.2.1. Automotive
- 7.2.2. Chemical and Petrochemical
- 7.2.3. Utility
- 7.2.4. Pharmaceutical
- 7.2.5. Food and Beverage
- 7.2.6. Oil and Gas
- 7.2.7. Other End-user Industries
- 7.1. Market Analysis, Insights and Forecast - by Product
- 8. Asia Pacific Industrial Automation Industry Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Product
- 8.1.1. By Industrial Control Systems
- 8.1.1.1. Distributed Control System (DCS)
- 8.1.1.2. Programmable Logic Controller (PLC)
- 8.1.1.3. Supervisory Control and Data Acquisition (SCADA)
- 8.1.1.4. Product Lifecycle Management (PLM)
- 8.1.1.5. Human Machine Interface (HMI)
- 8.1.1.6. Manufacturing Execution System (MES)
- 8.1.1.7. Enterprise Resource Planning (ERP)
- 8.1.1.8. Other Industrial Control Systems
- 8.1.2. Field Devices
- 8.1.2.1. Machine Vision Systems
- 8.1.2.2. Robotics (Industrial)
- 8.1.2.3. Sensors and Transmitters
- 8.1.2.4. Motors and Drives
- 8.1.2.5. Other Field Devices
- 8.1.1. By Industrial Control Systems
- 8.2. Market Analysis, Insights and Forecast - by End-User Industry
- 8.2.1. Automotive
- 8.2.2. Chemical and Petrochemical
- 8.2.3. Utility
- 8.2.4. Pharmaceutical
- 8.2.5. Food and Beverage
- 8.2.6. Oil and Gas
- 8.2.7. Other End-user Industries
- 8.1. Market Analysis, Insights and Forecast - by Product
- 9. Latin America Industrial Automation Industry Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Product
- 9.1.1. By Industrial Control Systems
- 9.1.1.1. Distributed Control System (DCS)
- 9.1.1.2. Programmable Logic Controller (PLC)
- 9.1.1.3. Supervisory Control and Data Acquisition (SCADA)
- 9.1.1.4. Product Lifecycle Management (PLM)
- 9.1.1.5. Human Machine Interface (HMI)
- 9.1.1.6. Manufacturing Execution System (MES)
- 9.1.1.7. Enterprise Resource Planning (ERP)
- 9.1.1.8. Other Industrial Control Systems
- 9.1.2. Field Devices
- 9.1.2.1. Machine Vision Systems
- 9.1.2.2. Robotics (Industrial)
- 9.1.2.3. Sensors and Transmitters
- 9.1.2.4. Motors and Drives
- 9.1.2.5. Other Field Devices
- 9.1.1. By Industrial Control Systems
- 9.2. Market Analysis, Insights and Forecast - by End-User Industry
- 9.2.1. Automotive
- 9.2.2. Chemical and Petrochemical
- 9.2.3. Utility
- 9.2.4. Pharmaceutical
- 9.2.5. Food and Beverage
- 9.2.6. Oil and Gas
- 9.2.7. Other End-user Industries
- 9.1. Market Analysis, Insights and Forecast - by Product
- 10. Middle East Industrial Automation Industry Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - by Product
- 10.1.1. By Industrial Control Systems
- 10.1.1.1. Distributed Control System (DCS)
- 10.1.1.2. Programmable Logic Controller (PLC)
- 10.1.1.3. Supervisory Control and Data Acquisition (SCADA)
- 10.1.1.4. Product Lifecycle Management (PLM)
- 10.1.1.5. Human Machine Interface (HMI)
- 10.1.1.6. Manufacturing Execution System (MES)
- 10.1.1.7. Enterprise Resource Planning (ERP)
- 10.1.1.8. Other Industrial Control Systems
- 10.1.2. Field Devices
- 10.1.2.1. Machine Vision Systems
- 10.1.2.2. Robotics (Industrial)
- 10.1.2.3. Sensors and Transmitters
- 10.1.2.4. Motors and Drives
- 10.1.2.5. Other Field Devices
- 10.1.1. By Industrial Control Systems
- 10.2. Market Analysis, Insights and Forecast - by End-User Industry
- 10.2.1. Automotive
- 10.2.2. Chemical and Petrochemical
- 10.2.3. Utility
- 10.2.4. Pharmaceutical
- 10.2.5. Food and Beverage
- 10.2.6. Oil and Gas
- 10.2.7. Other End-user Industries
- 10.1. Market Analysis, Insights and Forecast - by Product
- 11. North America Industrial Automation Industry Analysis, Insights and Forecast, 2019-2031
- 11.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 11.1.1 United States
- 11.1.2 Canada
- 12. Europe Industrial Automation Industry Analysis, Insights and Forecast, 2019-2031
- 12.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 12.1.1 United Kingdom
- 12.1.2 Germany
- 12.1.3 France
- 12.1.4 Rest of Europe
- 13. Asia Pacific Industrial Automation Industry Analysis, Insights and Forecast, 2019-2031
- 13.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 13.1.1 China
- 13.1.2 India
- 13.1.3 Japan
- 13.1.4 Rest of Asia Pacific
- 14. Latin America Industrial Automation Industry Analysis, Insights and Forecast, 2019-2031
- 14.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 14.1.1.
- 15. Middle East Industrial Automation Industry Analysis, Insights and Forecast, 2019-2031
- 15.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 15.1.1.
- 16. Competitive Analysis
- 16.1. Global Market Share Analysis 2024
- 16.2. Company Profiles
- 16.2.1 Honeywell International Inc
- 16.2.1.1. Overview
- 16.2.1.2. Products
- 16.2.1.3. SWOT Analysis
- 16.2.1.4. Recent Developments
- 16.2.1.5. Financials (Based on Availability)
- 16.2.2 Robert Bosch GmbH*List Not Exhaustive
- 16.2.2.1. Overview
- 16.2.2.2. Products
- 16.2.2.3. SWOT Analysis
- 16.2.2.4. Recent Developments
- 16.2.2.5. Financials (Based on Availability)
- 16.2.3 Texas Instruments Inc
- 16.2.3.1. Overview
- 16.2.3.2. Products
- 16.2.3.3. SWOT Analysis
- 16.2.3.4. Recent Developments
- 16.2.3.5. Financials (Based on Availability)
- 16.2.4 Mitsubishi Electric Corporation
- 16.2.4.1. Overview
- 16.2.4.2. Products
- 16.2.4.3. SWOT Analysis
- 16.2.4.4. Recent Developments
- 16.2.4.5. Financials (Based on Availability)
- 16.2.5 Siemens AG
- 16.2.5.1. Overview
- 16.2.5.2. Products
- 16.2.5.3. SWOT Analysis
- 16.2.5.4. Recent Developments
- 16.2.5.5. Financials (Based on Availability)
- 16.2.6 General Electric Co
- 16.2.6.1. Overview
- 16.2.6.2. Products
- 16.2.6.3. SWOT Analysis
- 16.2.6.4. Recent Developments
- 16.2.6.5. Financials (Based on Availability)
- 16.2.7 Schneider Electric SE
- 16.2.7.1. Overview
- 16.2.7.2. Products
- 16.2.7.3. SWOT Analysis
- 16.2.7.4. Recent Developments
- 16.2.7.5. Financials (Based on Availability)
- 16.2.8 Omron Corporation
- 16.2.8.1. Overview
- 16.2.8.2. Products
- 16.2.8.3. SWOT Analysis
- 16.2.8.4. Recent Developments
- 16.2.8.5. Financials (Based on Availability)
- 16.2.9 Rockwell Automation Inc
- 16.2.9.1. Overview
- 16.2.9.2. Products
- 16.2.9.3. SWOT Analysis
- 16.2.9.4. Recent Developments
- 16.2.9.5. Financials (Based on Availability)
- 16.2.10 Yokogawa Electric Corporation
- 16.2.10.1. Overview
- 16.2.10.2. Products
- 16.2.10.3. SWOT Analysis
- 16.2.10.4. Recent Developments
- 16.2.10.5. Financials (Based on Availability)
- 16.2.11 ABB Limited
- 16.2.11.1. Overview
- 16.2.11.2. Products
- 16.2.11.3. SWOT Analysis
- 16.2.11.4. Recent Developments
- 16.2.11.5. Financials (Based on Availability)
- 16.2.12 Emerson Electric Company
- 16.2.12.1. Overview
- 16.2.12.2. Products
- 16.2.12.3. SWOT Analysis
- 16.2.12.4. Recent Developments
- 16.2.12.5. Financials (Based on Availability)
- 16.2.1 Honeywell International Inc
List of Figures
- Figure 1: Global Industrial Automation Industry Revenue Breakdown (Million, %) by Region 2024 & 2032
- Figure 2: North America Industrial Automation Industry Revenue (Million), by Country 2024 & 2032
- Figure 3: North America Industrial Automation Industry Revenue Share (%), by Country 2024 & 2032
- Figure 4: Europe Industrial Automation Industry Revenue (Million), by Country 2024 & 2032
- Figure 5: Europe Industrial Automation Industry Revenue Share (%), by Country 2024 & 2032
- Figure 6: Asia Pacific Industrial Automation Industry Revenue (Million), by Country 2024 & 2032
- Figure 7: Asia Pacific Industrial Automation Industry Revenue Share (%), by Country 2024 & 2032
- Figure 8: Latin America Industrial Automation Industry Revenue (Million), by Country 2024 & 2032
- Figure 9: Latin America Industrial Automation Industry Revenue Share (%), by Country 2024 & 2032
- Figure 10: Middle East Industrial Automation Industry Revenue (Million), by Country 2024 & 2032
- Figure 11: Middle East Industrial Automation Industry Revenue Share (%), by Country 2024 & 2032
- Figure 12: North America Industrial Automation Industry Revenue (Million), by Product 2024 & 2032
- Figure 13: North America Industrial Automation Industry Revenue Share (%), by Product 2024 & 2032
- Figure 14: North America Industrial Automation Industry Revenue (Million), by End-User Industry 2024 & 2032
- Figure 15: North America Industrial Automation Industry Revenue Share (%), by End-User Industry 2024 & 2032
- Figure 16: North America Industrial Automation Industry Revenue (Million), by Country 2024 & 2032
- Figure 17: North America Industrial Automation Industry Revenue Share (%), by Country 2024 & 2032
- Figure 18: Europe Industrial Automation Industry Revenue (Million), by Product 2024 & 2032
- Figure 19: Europe Industrial Automation Industry Revenue Share (%), by Product 2024 & 2032
- Figure 20: Europe Industrial Automation Industry Revenue (Million), by End-User Industry 2024 & 2032
- Figure 21: Europe Industrial Automation Industry Revenue Share (%), by End-User Industry 2024 & 2032
- Figure 22: Europe Industrial Automation Industry Revenue (Million), by Country 2024 & 2032
- Figure 23: Europe Industrial Automation Industry Revenue Share (%), by Country 2024 & 2032
- Figure 24: Asia Pacific Industrial Automation Industry Revenue (Million), by Product 2024 & 2032
- Figure 25: Asia Pacific Industrial Automation Industry Revenue Share (%), by Product 2024 & 2032
- Figure 26: Asia Pacific Industrial Automation Industry Revenue (Million), by End-User Industry 2024 & 2032
- Figure 27: Asia Pacific Industrial Automation Industry Revenue Share (%), by End-User Industry 2024 & 2032
- Figure 28: Asia Pacific Industrial Automation Industry Revenue (Million), by Country 2024 & 2032
- Figure 29: Asia Pacific Industrial Automation Industry Revenue Share (%), by Country 2024 & 2032
- Figure 30: Latin America Industrial Automation Industry Revenue (Million), by Product 2024 & 2032
- Figure 31: Latin America Industrial Automation Industry Revenue Share (%), by Product 2024 & 2032
- Figure 32: Latin America Industrial Automation Industry Revenue (Million), by End-User Industry 2024 & 2032
- Figure 33: Latin America Industrial Automation Industry Revenue Share (%), by End-User Industry 2024 & 2032
- Figure 34: Latin America Industrial Automation Industry Revenue (Million), by Country 2024 & 2032
- Figure 35: Latin America Industrial Automation Industry Revenue Share (%), by Country 2024 & 2032
- Figure 36: Middle East Industrial Automation Industry Revenue (Million), by Product 2024 & 2032
- Figure 37: Middle East Industrial Automation Industry Revenue Share (%), by Product 2024 & 2032
- Figure 38: Middle East Industrial Automation Industry Revenue (Million), by End-User Industry 2024 & 2032
- Figure 39: Middle East Industrial Automation Industry Revenue Share (%), by End-User Industry 2024 & 2032
- Figure 40: Middle East Industrial Automation Industry Revenue (Million), by Country 2024 & 2032
- Figure 41: Middle East Industrial Automation Industry Revenue Share (%), by Country 2024 & 2032
List of Tables
- Table 1: Global Industrial Automation Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Global Industrial Automation Industry Revenue Million Forecast, by Product 2019 & 2032
- Table 3: Global Industrial Automation Industry Revenue Million Forecast, by End-User Industry 2019 & 2032
- Table 4: Global Industrial Automation Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 5: Global Industrial Automation Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 6: United States Industrial Automation Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 7: Canada Industrial Automation Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 8: Global Industrial Automation Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 9: United Kingdom Industrial Automation Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: Germany Industrial Automation Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 11: France Industrial Automation Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 12: Rest of Europe Industrial Automation Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 13: Global Industrial Automation Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 14: China Industrial Automation Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 15: India Industrial Automation Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 16: Japan Industrial Automation Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 17: Rest of Asia Pacific Industrial Automation Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 18: Global Industrial Automation Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 19: Industrial Automation Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 20: Global Industrial Automation Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 21: Industrial Automation Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 22: Global Industrial Automation Industry Revenue Million Forecast, by Product 2019 & 2032
- Table 23: Global Industrial Automation Industry Revenue Million Forecast, by End-User Industry 2019 & 2032
- Table 24: Global Industrial Automation Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 25: United States Industrial Automation Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 26: Canada Industrial Automation Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 27: Global Industrial Automation Industry Revenue Million Forecast, by Product 2019 & 2032
- Table 28: Global Industrial Automation Industry Revenue Million Forecast, by End-User Industry 2019 & 2032
- Table 29: Global Industrial Automation Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 30: United Kingdom Industrial Automation Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 31: Germany Industrial Automation Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 32: France Industrial Automation Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 33: Rest of Europe Industrial Automation Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 34: Global Industrial Automation Industry Revenue Million Forecast, by Product 2019 & 2032
- Table 35: Global Industrial Automation Industry Revenue Million Forecast, by End-User Industry 2019 & 2032
- Table 36: Global Industrial Automation Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 37: China Industrial Automation Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 38: India Industrial Automation Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 39: Japan Industrial Automation Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 40: Rest of Asia Pacific Industrial Automation Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 41: Global Industrial Automation Industry Revenue Million Forecast, by Product 2019 & 2032
- Table 42: Global Industrial Automation Industry Revenue Million Forecast, by End-User Industry 2019 & 2032
- Table 43: Global Industrial Automation Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 44: Global Industrial Automation Industry Revenue Million Forecast, by Product 2019 & 2032
- Table 45: Global Industrial Automation Industry Revenue Million Forecast, by End-User Industry 2019 & 2032
- Table 46: Global Industrial Automation Industry Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Industrial Automation Industry?
The projected CAGR is approximately 8.80%.
2. Which companies are prominent players in the Industrial Automation Industry?
Key companies in the market include Honeywell International Inc, Robert Bosch GmbH*List Not Exhaustive, Texas Instruments Inc, Mitsubishi Electric Corporation, Siemens AG, General Electric Co, Schneider Electric SE, Omron Corporation, Rockwell Automation Inc, Yokogawa Electric Corporation, ABB Limited, Emerson Electric Company.
3. What are the main segments of the Industrial Automation Industry?
The market segments include Product, End-User Industry.
4. Can you provide details about the market size?
The market size is estimated to be USD 199.69 Million as of 2022.
5. What are some drivers contributing to market growth?
Growing Emphasis on Energy Efficiency and Cost Reduction; Growing Trend Towards Automation.
6. What are the notable trends driving market growth?
Automotive is Expected to Register a Significant Growth.
7. Are there any restraints impacting market growth?
; Trade Tensions and Implementation Challenges.
8. Can you provide examples of recent developments in the market?
June 2022 - Mitsubishi Electric Corporation announced that it would invest around INR 2.2 billion in its subsidiary Mitsubishi Electric India Pvt. Ltd. to establish a new factory in India. The company is expected to start factory operations in December 2023, with the factory manufacturing inverters and other factory automation (FA) control system products, expanding the company's capabilities to meet the growing demand in India.
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.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Industrial Automation Industry," 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 Industry 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 Industry?
To stay informed about further developments, trends, and reports in the Industrial Automation Industry, 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
