The Industrial Automation Market Analysis is likely to grow significantly, with the market size expected to increase from USD 169.99 billion in 2024 to about USD 326.49 billion by 2032 at a CAGR of 8.5% in the forecast period, according to a report by ResearchAndMarkets.
Industrial Automation Market Overview and Scope Summary
Industrial automation is a technology application that uses Control Systems, such as computers or robots, and Information Technologies, to handle different processes and machinery in an Industry Replace Human Intervention By automating repetitive tasks and processes, this technology improves efficiency, reliability, and productivity. More sectors all over the world are implementing automation as a way to manage their operations with fewer errors and higher-quality products.
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Driver, Opportunity for the Market Growth
Various factors have led to the strong growth of the industrial automation market:
Industry 4.0: The adoption of new technologies such as AI and machine learning has transformed automation in industries, facilitating predictive maintenance, real-time monitoring, and increased data analysis and decision-making capabilities.
Increased need for Operational efficiency: Industrialists are always challenged to deliver on Operational efficiency and operational cost. Automation plays an important role in maximizing resource utilization, reducing the downtime, and increasing the overall productivity which is why it has to be part of every modern industrial strategy.
Labor Shortages and Increases in Labour Costs: Many sectors will face difficulties due to a labour shortage and rising labour costs in certain regions. Automation addresses these issues by handling resource-heavy, dangerous, or highly repetitive tasks.
Quality and Safety: The need to comply with stringent quality and safety standards across industries is another driver prompting companies to automate their operations to ensure consistent quality and worker safety, as greater automation means less human exposure to hazardous environments.
Manufacturing sectors closer to emerging economies: Industrialization is growing fast in emerging economies, and new manufacturing units are opening. With teaching demand for goods to satisfy the high demand with internationally competitive prices and wider integration to the supply chains notice the automation to be made use of.
Segmentation Analysis
The segmentation of the industrial automation market include, by component, by solution and by end-user industry, and by region.
By Component:
Hardware: This segment includes things like sensors, controllers, switches, and robots that are required for automation of industrial processes.
Software: Include industrial automation software, such as Supervisory Control and Data Acquisition (SCADA), Distributed Control Systems (DCS), and Manufacturing Execution Systems (MES) for monitoring, control, and optimization of industrial operations.
Services – Services is a category of consulting, integration, and maintenance service that helps facilitate the practice and maintain automation systems.
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By Solution:
Supervisory Control and Data Acquisition (SCADA): SCADA systems play an important role in real-time monitoring and control of industrial processes, providing efficient data collection and analysis.
A Programmable Logic Controller (PLC) is an industrial computer used to control manufacturing processes such as assembly lines, and robotic devices, or any activity that requires high reliability, and ease of programming.
Distributed Control System (DCS): DCS solutions are targeted to manage production systems in a single site or plant and provide centralized monitoring and control within the plant.
Manufacturing Execution System (MES) — These solutions control and track work-in-process on the factory floor, and provide data in real-time to optimize output during production.
By End-User Industry:
Automotive: Automation is commonly used in the automotive industry; e.g., for assembly lines, painting, body welding, and quality control.
Oil & Gas: The oil and gas industry can automate extraction, refining, and distribution processes. Using AI and IoT, companies can enhance safety from injury while also increasing overall efficiency.
Pharmaceuticals: In the pharmaceutical sector, automation that adheres to prescribed regulations ensures accuracy in drug formulation and improves manufacturing efficiency.
Food and Beverage: Hygiene requirement automation, work efficiency while packaging products, and maintaining product consistency in each batch are areas where the food and beverage industry leverages robotics.
Manufacturing: Automation is used in many general manufacturing industries to merge and automate essential processes, reduce labor costs, or enhance product quality.
Industrial Automation Market, Key Players are:
1. FANUC (Japan)
2. Yaskawa Electric Corporation (Japan)
3. Toshiba Corporation (Japan)
4. Yokogawa Electric Corporation (Japan)
5. Fuji Electric Co., Ltd. (Japan)
6. Hitachi, Ltd. (Japan)
7. Omron Corporation (Japan)
8. Mitsubishi Electric Corporation (Japan)
9. Keyence Corporation (Japan)
10. Accurate Industrial Controls Pvt. Ltd. (India)
11. Honeywell International Inc (US)
12. Emerson Electric Co. (US)
13. General Electric Company (US)
14. Rockwell Automation, Inc (US)
15. Danaher Corporation (US)
Country-Level Analysis
United States: Industrial automation in the United States is partly propelled by its early adoption of advanced technologies and also the need to improve the efficiency of manufacturing operations. The U.S. industrial automation and control systems market size was valued at USD 47.04 million in 2024 and is anticipated to grow at a compound annual growth rate (CAGR) of 10.6% during the forecast period, 2025 to 2030. The focus on smart factories and Industry 4.0 initiatives is also facilitating the growth of the market.
Germany: Germany, which has a solid industrial backbone, has been on the forefront of implementing automation in its industries. But, china surpassed Germany in the industrial robots use, which means a big change in the world manufacturing automation. Having said that, Germany is still investing in automation to hold its position in the world market.
China: China's fast-track industrialization and huge investments in automation have made it a leader in the industrial automation market The country has made great strides in automation adoption to reduce the reliance on manual labor given that it is working to increase manufacturing capacity. In the 2020s, China's substantial investments in automation are becoming a basis for its competitiveness, in a way that means a headache for other industrial economies.
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