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

Industrial Automation Market Size

  • 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
  • This growth is driven by factors such as the increase in demand for automation in various industries, advancements in technologies such as artificial intelligence (AI), machine learning (ML), and robotics, and the need for efficient and cost-effective manufacturing processes

 

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Industrial Automation Market Growth Snapshot

Segments

- By Component: The industrial automation market can be segmented by component into programmable logic controller (PLC), human-machine interface (HMI), supervisory control and data acquisition (SCADA), distributed control system (DCS), remote terminal unit (RTU), and others. The programmable logic controller segment is expected to hold a significant market share due to its widespread adoption in various industries for process automation and control purposes.
- By Type: On the basis of type, the industrial automation market is classified into fixed automation and programmable automation. Fixed automation refers to the use of specialized equipment to automate a specific set of tasks, while programmable automation involves the use of programmable controllers to automate a variety of tasks in a flexible manner.
- By End-User Industry: The market can also be segmented by end-user industry, including automotive, manufacturing, energy and utilities, pharmaceuticals, food and beverages, and others. The automotive industry is anticipated to witness substantial growth in the industrial automation market due to the increasing demand for efficient production processes and quality control.

Market Players

- ABB Ltd.: ABB is a leading provider of industrial automation solutions, offering a comprehensive portfolio of products and services for various industries worldwide. The company's expertise in robotics, motion, and electrical solutions has established it as a key player in the market.
- Siemens AG: Siemens is another major player in the industrial automation market, known for its innovative technologies in the fields of automation, digitalization, and electrification. The company's extensive product range and strong global presence contribute to its competitive position in the market.
- Rockwell Automation, Inc.: Rockwell Automation specializes in industrial automation and digital transformation solutions, catering to the needs of diverse industries such as automotive, consumer goods, and oil and gas. The company's focus on enhancing productivity and sustainability drives its growth in the market.

The global industrial automation market is witnessing significant growth driven by the increasing adoption of smart manufacturing practices and the demand for improved efficiency and productivity across industries. Technological advancements, such as the integration of artificial intelligence and machine learning algorithms, are further shaping the market landscape. With key players investing in research and development activities to enhance their product offerings, the industrial automation market is expected to continue its growth trajectory in the coming years.

The industrial automation market is poised for significant growth as manufacturers across various industries increasingly adopt smart manufacturing practices to enhance operational efficiency and productivity. The integration of advanced technologies such as artificial intelligence and machine learning algorithms is revolutionizing automation processes, enabling predictive maintenance, resource optimization, and real-time monitoring. These technological advancements are driving the transformation of traditional manufacturing facilities into smart factories capable of data-driven decision-making and agile production processes.

One key trend shaping the industrial automation market is the shift towards collaborative robotics, where robots work alongside human operators to streamline production lines and enhance flexibility. Collaborative robots, also known as cobots, are designed to be safe and easy to program, making them ideal for tasks that require human-robot interaction. This trend is particularly prominent in industries such as automotive and electronics manufacturing, where precision and agility are critical for maintaining competitiveness.

Another significant development in the industrial automation landscape is the emergence of Industrial Internet of Things (IIoT) solutions that connect machines, sensors, and devices to enable seamless communication and data exchange. By harnessing the power of IIoT, manufacturers can optimize processes, improve asset utilization, and facilitate predictive maintenance to minimize downtime and enhance overall equipment effectiveness. The proliferation of interconnected systems and the rise of digital twins are driving innovation in industrial automation, enabling virtual representations of physical assets to simulate and optimize production processes.

Furthermore, the demand for cybersecurity solutions in industrial automation is increasing as interconnected systems become more vulnerable to cyber threats and data breaches. Manufacturers are prioritizing robust cybersecurity measures to safeguard sensitive information, protect intellectual property, and ensure the reliability of their operations. As the industrial automation market continues to evolve, cybersecurity will be a critical consideration for businesses looking to secure their digital infrastructure and uphold operational resilience.

In conclusion, the industrial automation market is experiencing dynamic growth propelled by advancements in technology, evolving manufacturing practices, and the focus on operational excellence. Companies like ABB Ltd., Siemens AG, and Rockwell Automation, Inc. are at the forefront of innovation, driving the industry forward with their comprehensive solutions and expertise. As the market landscape continues to evolve, opportunities abound for businesses to leverage automation technologies to enhance competitiveness, drive cost efficiencies, and deliver superior products and services to meet the demands of a rapidly changing global economy.The industrial automation market is poised for profound growth as technological advancements revolutionize traditional manufacturing practices. One key trend driving this evolution is the widespread adoption of collaborative robotics, where human operators work alongside robots to streamline production processes and enhance flexibility. Collaborative robots, known as cobots, are designed to be safe and easy to program, making them ideal for industries requiring human-robot interaction. This trend is particularly prominent in sectors such as automotive and electronics manufacturing, where precision and agility are crucial for maintaining competitiveness.

Additionally, the emergence of Industrial Internet of Things (IIoT) solutions is reshaping the industrial automation landscape by connecting machines, sensors, and devices to enable seamless communication and data exchange. Through IIoT technology, manufacturers can optimize processes, improve asset utilization, and facilitate predictive maintenance to minimize downtime and enhance overall equipment effectiveness. The integration of interconnected systems and the rise of digital twins further drive innovation in industrial automation, enabling virtual simulations of physical assets to optimize production processes.

Furthermore, the rising demand for cybersecurity solutions in industrial automation underscores the importance of safeguarding interconnected systems against cyber threats and data breaches. As manufacturers prioritize robust cybersecurity measures to protect sensitive information and ensure operational reliability, the market for cybersecurity solutions in industrial automation is expected to expand. With companies like ABB Ltd., Siemens AG, and Rockwell Automation, Inc. leading the way in driving innovation and providing comprehensive automation solutions, the industrial automation market is positioned for continued growth and transformation.

In conclusion, the industrial automation market is experiencing dynamic shifts propelled by technological advancements and a focus on operational excellence. The convergence of collaborative robotics, IIoT solutions, and cybersecurity measures is reshaping manufacturing practices and paving the way for more efficient, agile, and secure industrial operations. As businesses leverage automation technologies to enhance competitiveness and drive cost efficiencies, the industrial automation market presents vast opportunities for innovation and growth in the ever-evolving global economy.

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Global Industrial Automation Market – Segmentation & Forecast Question Templates

  • What is the market size snapshot for the Industrial Automation industry?
  • What is the global market growth trend for Industrial Automation s?
  • Which key segmentations are assessed in the Industrial Automation Market?
  • What are the names of top-rated players in the Industrial Automation Market sector?
  • What countries offer the highest opportunities in Industrial Automation Market?
  • What are the names of leading regional competitors in Industrial Automation Market?

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