Industrial Automation Market Segmentation, By Components (Sensors, Industrial Robots, Industrial PC, Machine Vision, Industrial 3D Printing, Human-Machine Interface (HMI), Field Instruments, Control Valves, and Others), Mode of Automation (Semi-Automation and Fully-Automation), Systems (PID, Model Based Control, and Others), Solution (Programmable Logic Controller (PLC), Distributed Control System (DCS), Supervisory Control and Data Acquisition (SCADA), Enterprise Level Controls, Programmable Automation Control (PAC), Plant Asset Management (PAM), Digitalization, Functional Safety, and Emission Control), Type (Programmable Automation, Fixed or Hard Automation, Integrated Automation, and Flexible or Soft Automation), End User (Process Industries and Discrete Industries) - Industry Trends and Forecast to 2032
The global industrial automation market size was valued at USD 196.94 billion in 2024 and is expected to reach USD 372.70 billion by 2032, at a CAGR of 8.30% during the forecast period.
The base year for calculation in Industrial Automation Market business report is taken while the historic year which will tell how the market will perform in the forecast years by informing what the market definition, classifications, applications, and engagements are. This report is also all-embracing of the data which covers market definition, classifications, applications, engagements, market drivers and market restraints that are based on the SWOT analysis. The large scale Industrial Automation Market report is a comprehensive study about the market which tells about the market status in the forecast period .
An excellent Industrial Automation Market research report can be generated only with the leading attributes such as highest level of spirit, practical solutions, committed research and analysis, innovation, talent solutions, integrated approaches, most up-to-date technology and dedication. Hence, all the above aspects are firmly followed by DBMR team while building this market report for a client. Furthermore, influencing factors such as market drivers, market restraints and competitive analysis is studied with the SWOT analysis which is the most established tool when it comes to generate market research report. With Industrial Automation Market report, build a strong organization and make better decisions that take business on the right track.
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Industrial Automation Market Overview
**Segments**
- On the basis of component, the global industrial automation market is segmented into hardware, software, and services. The hardware segment includes programmable logic controller (PLC), supervisory control and data acquisition (SCADA), distributed control system (DCS), human-machine interface (HMI), and others. The software segment consists of enterprise asset management, warehouse management system, predictive maintenance, manufacturing execution system, and others. Additionally, the services segment comprises training, maintenance, consulting, and others.
- Based on industry, the market is classified into automotive, electrical and electronics, aerospace, oil and gas, pharmaceuticals, food and beverage, chemicals, and others. The automotive sector is expected to witness significant growth due to the increasing adoption of automation technologies in manufacturing processes to improve efficiency and productivity. The electrical and electronics industry is also projected to surge as automation helps in enhancing quality control and reducing production costs.
- Regarding geography, the global industrial automation market is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Asia-Pacific is anticipated to dominate the market share owing to the rapid industrialization in countries like China and India, coupled with the growing demand for automation solutions to streamline manufacturing operations. North America and Europe are also expected to exhibit substantial growth due to the presence of key players and technological advancements in the region.
**Market Players**
- Some of the major market players in the global industrial automation market include ABB Ltd., Siemens AG, Emerson Electric Co., Rockwell Automation, Inc., Schneider Electric, Mitsubishi Electric Corporation, General Electric, Yokogawa Electric Corporation, Honeywell International Inc., and Bosch Rexroth AG. These companies are focusing on strategic initiatives such as partnerships, acquisitions, and product launches to strengthen their market position and expand their customer base. Additionally, constant innovation in technologies and solutions is a key strategy adopted by these players to stay ahead in the competitive landscape.
The global industrial automation market is witnessing a significant transformation driven by technological advancements and the increasing demand for enhancing operational efficiency across various industries. One of the emerging trends in the market is the integration of artificial intelligence (AI) and machine learning capabilities into automation systems, enabling predictive maintenance, autonomous decision-making, and optimization of production processes. This integration is poised to revolutionize the industrial landscape by enabling real-time data analytics, proactive maintenance strategies, and improved resource utilization. Companies are increasingly investing in AI-powered automation solutions to gain a competitive edge and meet the evolving demands of the market.
Another key trend shaping the industrial automation market is the proliferation of collaborative robots, also known as cobots. These robots are designed to work alongside human operators, enhancing the flexibility and agility of manufacturing operations. Cobots are being utilized in various industries, including automotive, electronics, and consumer goods, to perform tasks that require precision, such as assembly and material handling. The rise of cobots is driving efficiency gains, reducing the need for complex safety systems, and enabling companies to quickly adapt to changing production requirements.
Moreover, the industrial automation market is witnessing an increased focus on cybersecurity measures to safeguard critical infrastructure against potential cyber threats. With the growing connectivity of industrial systems and the adoption of Industrial Internet of Things (IIoT) technologies, the risk of cyber attacks has heightened. As a result, organizations are prioritizing the implementation of robust cybersecurity protocols, including network monitoring, encryption, and access control, to mitigate risks and ensure the integrity of automation systems.
In terms of market dynamics, the global industrial automation market is anticipated to experience steady growth in the coming years, driven by the expanding manufacturing sector, the integration of advanced technologies, and the focus on operational excellence. The adoption of automation solutions is poised to increase across industries such as automotive, aerospace, pharmaceuticals, and food and beverage, as companies seek to improve process efficiency, product quality, and compliance with regulatory standards. Additionally, the ongoing trend towards smart manufacturing and the Industrial Internet of Things (IIoT) is expected to drive further advancements in industrial automation, enabling real-time data monitoring, predictive maintenance, and enhanced production capabilities.The global industrial automation market is undergoing a significant transformation due to technological advancements and the increasing demand for operational efficiency enhancement across various industries. One of the emerging trends in the market is the integration of artificial intelligence (AI) and machine learning capabilities into automation systems. This integration allows for predictive maintenance, autonomous decision-making, and optimization of production processes, leading to real-time data analytics, proactive maintenance strategies, and improved resource utilization. Companies are investing in AI-powered automation solutions to gain a competitive edge and cater to the evolving market demands.
Another noteworthy trend shaping the industrial automation market is the rise of collaborative robots, or cobots. These robots are designed to work alongside human operators, increasing the flexibility and agility of manufacturing operations. Cobots find applications across industries like automotive, electronics, and consumer goods to perform precision tasks such as assembly and material handling. The adoption of cobots drives efficiency gains, reduces the need for complex safety systems, and enables quick adaptation to changing production requirements, enhancing overall operational capabilities.
Furthermore, cybersecurity measures are becoming increasingly critical in the industrial automation sector to protect critical infrastructure against cyber threats. With the growing connectivity of industrial systems and the adoption of Industrial Internet of Things (IIoT) technologies, the risk of cyber attacks has escalated. Organizations are focusing on implementing robust cybersecurity protocols like network monitoring, encryption, and access control to mitigate risks and ensure the integrity of automation systems.
Looking ahead, the global industrial automation market is poised for steady growth driven by the expanding manufacturing sector, technological advancements, and a focus on operational excellence. Automation solutions are expected to witness increased adoption across various industries like automotive, aerospace, pharmaceuticals, and food and beverage to enhance process efficiency, product quality, and compliance with regulatory standards. The industry's shift towards smart manufacturing and the Industrial Internet of Things (IIoT) is anticipated to drive further advancements in industrial automation, enabling real-time data monitoring, predictive maintenance, and enhanced production capabilities. Key players in the market are likely to continue focusing on innovation and strategic partnerships to maintain a competitive edge and cater to the evolving needs of the industry.
The Industrial Automation Market is highly fragmented, featuring intense competition among both global and regional players striving for market share. To explore how global trends are shaping the future of the top 10 companies in the keyword market.
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Key Pointers Covered in the Industrial Automation Market Industry Trends and Forecast
- Industrial Automation Market Size
- Industrial Automation Market New Sales Volumes
- Industrial Automation Market Replacement Sales Volumes
- Industrial Automation Market By Brands
- Industrial Automation Market Procedure Volumes
- Industrial Automation Market Product Price Analysis
- Industrial Automation Market Regulatory Framework and Changes
- Industrial Automation Market Shares in Different Regions
- Recent Developments for Market Competitors
- Industrial Automation Market Upcoming Applications
- Industrial Automation Market Innovators Study
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