Global Industrial Automation Market Report 2024

Industrial Automation Global Market Report 2024 – By Component (Industrial Robots, Human Machine Interface (HMI), Industrial Sensors, Control Valves, Other Components), By Control System (Supervisory Control And Data Acquisition (SCADA), Programmable Logic Controller (PLC), Distributed Control System (DCS), Manufacturing Execution System (MES), Product Lifecycle Management (PLM), Enterprise Resource Planning (ERP), Other Control Systems.), By Industry (Aerospace And Defense, Automotive, Healthcare, Energy And Utilities, Food And Beverages, Oil And Gas, Mining, Transportation, Other Industries.) – Market Size, Trends, And Global Forecast 2024-2033

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Industrial Automation Market Definition And Segments

Industrial automation is used to control and monitor a process, machine, or device in a computerized manner that will fulfill repetitive functions or tasks. They are designed to operate automatically to reduce and improve human work in the industry. They are operated using logical programming commands and powerful machinery.

The main components of industrial automation are industrial robots, human-machine interfaces (HMI), industrial sensors, control valves, and other components. Industrial automation uses HMIs to monitor machinery to make sure it's working properly and also; they are helpful in the maintenance of the machinery in the industries. They use various control systems such as supervisory control and data acquisition (SCADA), distributed control system (DCS), programmable logic controller (PLC), Manufacturing Execution System (MES), component lifecycle management (PLM), enterprise resource planning (ERP), and human-machine interface (HMI) that are used by aerospace and defense, automotive, healthcare, energy and utilities, manufacturing food and beverages, oil and gas, mining, transportation, and other industries.

The industrial automation market covered in this report is segmented –

1) By Component: Industrial Robots, Human Machine Interface (HMI), Industrial Sensors, Control Valves, Other Components

2) By Control System: Supervisory Control And Data Acquisition (SCADA), Programmable Logic Controller (PLC), Distributed Control System (DCS), Manufacturing Execution System (MES), Product Lifecycle Management (PLM), Enterprise Resource Planning (ERP), Other Control Systems.

3) By Industry: Aerospace And Defense, Automotive, Healthcare, Energy And Utilities, Food And Beverages, Oil And Gas, Mining, Transportation, Other Industries.

The industrial automation market size has grown strongly in recent years. It will grow from $185.5 billion in 2023 to $198.43 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to the increasing adoption of robotics, strong economic growth in emerging markets, government support, and increasing automotive production.

The industrial automation market size is expected to see strong growth in the next few years. It will grow to $263.88 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to the increasing adoption of IoT, rising healthcare expenditure, rising demand from the agriculture industry, and an increase in passenger air traffic. Major trends in the forecast period include leveraging artificial intelligence (AI) to improve efficiency and mass production, focusing on edge and cloud computing for real-time data processing, leveraging 5g technology, focusing on cybersecurity solutions, and focusing on cloud robots.

Rising Significance Of Robotics Drives Growth In The Industrial Automation Market

The increasing significance of robotics is expected to propel the growth of the industrial automation market. Robotics involves the design, manufacture, and operation of intelligent machines to assist humans. Robotics is being increasingly applied in industrial automation processes to handle various processes and machinery in an industry to increase efficiency, replace manual labor, and increase speed, and overall performance. For instance, according to the International Federation of Robotics, a professional non-profit organization, there will be a 12% increase in shipments of robotics units globally between 2020 and 2022. Therefore, the increasing significance of robotics is driving the industrial automation market.

Surge In Passenger Air Traffic Propels Growth In The Industrial Automation Market

An increase in passenger air traffic is expected to propel the growth of the industrial automation market going forward. The growing airline passenger traffic is expected to generate a higher demand for commercial airplanes, contributing to the demand for automation in the aerospace industry. For instance, in July 2022, according to the International Air Transport Association, a Canada-based trade association of the world's airlines, total air traffic in May 2022 was up by 83.1%, compared to May 2021. Further, in April 2021, according to Boeing, a US-based aerospace company, around 42,730 new jets, valued at $6.3 trillion, will be required over the next 20 years, to accommodate increasing passenger demand and impending jet retirements. Therefore, the increase in passenger air traffic is expected to drive the growth of the industrial automation market.

Major companies operating in the industrial automation market report are Siemens AG, ABB Ltd., Mitsubishi Electric Corporation, Schneider Electric, Fanuc Corporation, Omron Corporation, Emerson Electric Co., Rockwell Automation, Inc., Yaskawa Electric Corporation, General Electric, EFACEC Electric International Engineering Co. Ltd., Precision Product Handling International Ltd., HK AA Industrial Co., International Coalition of Intelligent Manufacturing, Switek Technology Automation Co., Ltd., Youibot Robotics, InterTech Development Company, United magnetics co., Ltd., Immetech Industrial Co., Ltd., Zinsser Analytic GmbH, Wiesemann & Theis GmbH, Lammers Automation GmbH, syskomp gehmeyr GmbH, vision-tec gmbh, Otc Daihen Europe Gmbh, Koch Textilpflege GmbH, Alukeep GmbH, WSCAD Nederland, Engmatec, Hexagon, Indusoft, Ltd., Sinkross, TEKKNOW, Roxor Industry, VERYSELL Industrial Systems Automation, FST Rus LLC, ProSoft, Rusatom Automated Control Systems, SMS-Automation, RONDO RUS, BFG Group, ProMach Innovation Center, Omnirobotic, Proment Inc., Denson Automation Inc., Rebel Automated Systems, Honeywell International Inc., Cognex Corporation, Teradyne Inc., National Instruments Corporation, Plexus Corp., Nauticus Robotics Inc., Novanta Inc., Yokogawa Electric, CI24 Controles Inteligentes, Rewo Uruguay, Danlesco Gulf LLC, ASCORP Industrial Complex LLC, Spex Insulation Contracting, Kimans Inc., Team Switchgear And Control L.L.C, Telinstra FZCO, Autochim Systems, Control Systems Integration (Pty) Ltd., Festo South Africa, DIRECTECH GROUP, SMC Corporation, JMP Group, Protea automation solutions.

Technological Advancements Drive Innovation In The Industrial Automation Market

Technological advancements are the key trends gaining popularity in the industrial automation market. Advancements such as the incorporation of AI in robots help them to learn the processes with complete autonomy so that they can even communicate with other robots and humans in some cases. Major players in the market are focusing on incorporating AI technology in industrial robots to be leaders in the market. For instance, in March 2022, Mitsubishi Electric Corp., a Japan-based electronics company disclosed that they will introduce new industrial robotic systems incorporated with its Maisart AI technologies including high-precision speech recognition that would allow operators to fine-tune robot movements as required.

Siemens Launches Open Industrial Edge Computing Platform To Enhance Real-Time Data Processing In Industrial Automation

Edge computing represents a major technological advance for industrial automation. Edge computing is driven by the need for real-time data processing and low-latency communication in industrial settings. Simultaneously, cloud-based solutions reduce IT overhead and simplify remote data access for businesses. Factories thus integrate both edge and cloud computing for industrial automation. Edge computing performs real-time monitoring and machinery control, while cloud computing powers data analytics, storage, and access. For instance, in November 2021, Siemens, a Germany-based leading provider of automation technology and industrial software, launched an open Industrial Edge Computing platform. The platform is ideal for app developers to access the industrial automation market. Edge Computing can help manufacturing companies combine their automation systems into the digital factory of the future even more effectively.

Directech Group Enhances Industrial Automation Portfolio With Autonumis Acquisition

In March 2022, Directech Group, an Africa-based specializing in industrial automation, robotics, automation control technology, and laboratory automation company, acquired Autonumis for an undisclosed amount. With this acquisition, the Directech group provides critical investment to support Autonumis operations and automation growth ambitions. Autonumis is a UK-based company involved in designing and manufacturing innovative refrigeration equipment.

Asia-Pacific was the largest region in the industrial automation market in 2023. The regions covered in the industrial automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the industrial automation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The industrial automation market includes revenues earned by entities by manufacturing automation, automated quality inspection systems, process automation services, remote monitoring and control. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The industrial automation market research report is one of a series of new reports from The Business Research Company that provides industrial automation market statistics, including industrial automation industry global market size, regional shares, competitors with an industrial automation market share, detailed industrial automation market segments, market trends, and opportunities, and any further data you may need to thrive in the industrial automation industry. This industrial automation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Industrial Automation Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $198.43 billion
Revenue Forecast In 2033 $263.88 billion
Growth Rate CAGR of 7.4% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Component: Industrial Robots, Human Machine Interface (HMI), Industrial Sensors, Control Valves, Other Components
2) By Control System: Supervisory Control And Data Acquisition (SCADA), Programmable Logic Controller (PLC), Distributed Control System (DCS), Manufacturing Execution System (MES), Product Lifecycle Management (PLM), Enterprise Resource Planning (ERP), Other Control Systems.
3) By Industry: Aerospace And Defense, Automotive, Healthcare, Energy And Utilities, Food And Beverages, Oil And Gas, Mining, Transportation, Other Industries.
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Siemens AG; ABB Ltd; Mitsubishi Electric Corporation; Schneider Electric; Fanuc Corporation; Omron Corporation; Emerson Electric Co.; Rockwell Automation, Inc.; Yaskawa Electric Corporation; General Electric; EFACEC Electric International Engineering Co. Ltd; Precision Product Handling International Ltd; HK AA Industrial Co.; International Coalition of Intelligent Manufacturing; Switek Technology Automation Co., Ltd; Youibot Robotics; InterTech Development Company; United magnetics co., ltd; Immetech Industrial Co., Ltd; Zinsser Analytic GmbH; Wiesemann & Theis GmbH; Lammers Automation GmbH; syskomp gehmeyr GmbH; vision-tec gmbh; Otc Daihen Europe Gmbh; Koch Textilpflege GmbH; Alukeep GmbH; WSCAD Nederland; Engmatec; Hexagon; Indusoft, Ltd; Sinkross; TEKKNOW; Roxor Industry; VERYSELL Industrial Systems Automation; FST Rus LLC; ProSoft; Rusatom Automated Control Systems; SMS-Automation; RONDO RUS; BFG Group; ProMach Innovation Center; Omnirobotic; Proment Inc.; Denson Automation Inc; Rebel Automated Systems; Honeywell International Inc; Cognex Corporation; Teradyne Inc.; National Instruments Corporation; Plexus Corp.; Nauticus Robotics Inc.; Novanta Inc.; Yokogawa Electric; CI24 Controles Inteligentes; Rewo Uruguay; Danlesco Gulf LLC; ASCORP Industrial Complex LLC; Spex Insulation Contracting; Kimans Inc; Team Switchgear And Control L.L.C; Telinstra FZCO; Autochim Systems; Control Systems Integration (Pty) Ltd; Festo South Africa; DIRECTECH GROUP; SMC Corporation; JMP Group; Protea automation solutions.
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    Table Of Contents

    1. Executive Summary

    2. Industrial Automation Market Characteristics

    3. Industrial Automation Market Trends And Strategies

    4. Industrial Automation Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Industrial Automation Market Size and Growth

    5.1. Global Industrial Automation Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Industrial Automation Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Industrial Automation Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Industrial Automation Market Segmentation

    6.1. Global Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Industrial Robots

    Human Machine Interface (HMI)

    Industrial Sensors

    Control Valves

    Other Components

    6.2. Global Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Supervisory Control And Data Acquisition (SCADA)

    Programmable Logic Controller (PLC)

    Distributed Control System (DCS)

    Manufacturing Execution System (MES)

    Product Lifecycle Management (PLM)

    Enterprise Resource Planning (ERP)

    Other Control Systems.

    6.3. Global Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Aerospace And Defense

    Automotive

    Healthcare

    Energy And Utilities

    Food And Beverages

    Oil And Gas

    Mining

    Transportation

    Other Industries.

    7. Industrial Automation Market Regional And Country Analysis

    7.1. Global Industrial Automation Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Industrial Automation Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Industrial Automation Market

    8.1. Asia-Pacific Industrial Automation Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Industrial Automation Market

    9.1. China Industrial Automation Market Overview

    9.2. China Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Industrial Automation Market

    10.1. India Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Industrial Automation Market

    11.1. Japan Industrial Automation Market Overview

    11.2. Japan Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Industrial Automation Market

    12.1. Australia Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Industrial Automation Market

    13.1. Indonesia Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Industrial Automation Market

    14.1. South Korea Industrial Automation Market Overview

    14.2. South Korea Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Industrial Automation Market

    15.1. Western Europe Industrial Automation Market Overview

    15.2. Western Europe Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Industrial Automation Market

    16.1. UK Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Industrial Automation Market

    17.1. Germany Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Industrial Automation Market

    18.1. France Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Industrial Automation Market

    19.1. Italy Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Industrial Automation Market

    20.1. Spain Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Industrial Automation Market

    21.1. Eastern Europe Industrial Automation Market Overview

    21.2. Eastern Europe Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Industrial Automation Market

    22.1. Russia Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Industrial Automation Market

    23.1. North America Industrial Automation Market Overview

    23.2. North America Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Industrial Automation Market

    24.1. USA Industrial Automation Market Overview

    24.2. USA Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Industrial Automation Market

    25.1. Canada Industrial Automation Market Overview

    25.2. Canada Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Industrial Automation Market

    26.1. South America Industrial Automation Market Overview

    26.2. South America Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Industrial Automation Market

    27.1. Brazil Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Industrial Automation Market

    28.1. Middle East Industrial Automation Market Overview

    28.2. Middle East Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Industrial Automation Market

    29.1. Africa Industrial Automation Market Overview

    29.2. Africa Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Industrial Automation Market Competitive Landscape And Company Profiles

    30.1. Industrial Automation Market Competitive Landscape

    30.2. Industrial Automation Market Company Profiles

    30.2.1. Siemens AG

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. ABB Ltd

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Mitsubishi Electric Corporation

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Schneider Electric

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Fanuc Corporation

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Industrial Automation Market Other Major And Innovative Companies

    31.1. Omron Corporation

    31.2. Emerson Electric Co.

    31.3. Rockwell Automation, Inc.

    31.4. Yaskawa Electric Corporation

    31.5. General Electric

    31.6. EFACEC Electric International Engineering Co. Ltd

    31.7. Precision Product Handling International Ltd

    31.8. HK AA Industrial Co.

    31.9. International Coalition of Intelligent Manufacturing

    31.10. Switek Technology Automation Co., Ltd

    31.11. Youibot Robotics

    31.12. InterTech Development Company

    31.13. United magnetics co., ltd

    31.14. Immetech Industrial Co

    31.15. Zinsser Analytic GmbH

    32. Global Industrial Automation Market Competitive Benchmarking

    33. Global Industrial Automation Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Industrial Automation Market

    35. Industrial Automation Market Future Outlook and Potential Analysis

    35.1 Industrial Automation Market In 2028 - Countries Offering Most New Opportunities

    35.2 Industrial Automation Market In 2028 - Segments Offering Most New Opportunities

    35.3 Industrial Automation Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Industrial Automation Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Industrial Automation Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Siemens AG Financial Performance
  • Table 75: ABB Ltd Financial Performance
  • Table 76: Mitsubishi Electric Corporation Financial Performance
  • Table 77: Schneider Electric Financial Performance
  • Table 78: Fanuc Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Industrial Automation Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Industrial Automation Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Industrial Automation Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Industrial Automation Market, Segmentation By Control System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Industrial Automation Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Siemens AG Financial Performance
  • Figure 75: ABB Ltd Financial Performance
  • Figure 76: Mitsubishi Electric Corporation Financial Performance
  • Figure 77: Schneider Electric Financial Performance
  • Figure 78: Fanuc Corporation Financial Performance
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Frequently Asked Questions

What is the definition of the industrial automation market?

Industrial automation is used to control and monitor a process, machine, or device in a computerized manner that will fulfill repetitive functions or tasks. They are designed to operate automatically to reduce and improve human work in the industry. They are operated using logical programming commands and powerful machinery. For further insights on the industrial automation market, request a sample here

How will the industrial automation market drivers and restraints affect the industrial automation market dynamics? What forces will shape the industrial automation industry going forward?

The industrial automation market major growth driver - Rising Significance Of Robotics Drives Growth In The Industrial Automation Market. For further insights on the industrial automation market, request a sample here

What is the forecast market size or the forecast market value of the industrial automation market?

The industrial automation market size has grown strongly in recent years. It will grow from $185.5 billion in 2023 to $198.43 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to increasing adoption of robotics, strong economic growth in emerging markets, government support and increasing automotive production. The industrial automation market size is expected to see strong growth in the next few years. It will grow to $263.88 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to increasing adoption of iot, rising healthcare expenditure, rising demand from agriculture industry and increase in passenger air traffic. Major trends in the forecast period include leveraging artificial intelligence (ai) for improving efficiency and mass production, focusing on edge and cloud computing for real-time data processing, leveraging 5g technology, focusing on cybersecurity solutions and focusing on cloud robots. For further insights on the industrial automation market, request a sample here

How is the industrial automation market segmented?

The industrial automation market is segmented
1) By Component: Industrial Robots, Human Machine Interface (HMI), Industrial Sensors, Control Valves , Other Components
2) By Control System: Supervisory Control And Data Acquisition (SCADA), Programmable Logic Controller (PLC), Distributed Control System (DCS), Manufacturing Execution System (MES), Product Lifecycle Management (PLM), Enterprise Resource Planning (ERP), Other Control Systems.
3) By Industry: Aerospace And Defense, Automotive, Healthcare, Energy And Utilities, Food And Beverages, Oil And Gas, Mining, Transportation, Other Industries.For further insights on the industrial automation market, request a sample here

Which region has the largest share of the industrial automation market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the industrial automation market in 2023. The regions covered in the industrial automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the industrial automation market, request a sample here.

Who are the major players in the industrial automation market?

Major companies operating in the industrial automation market report are Siemens AG, ABB Ltd, Mitsubishi Electric Corporation, Schneider Electric, Fanuc Corporation, Omron Corporation, Emerson Electric Co., Rockwell Automation, Inc., Yaskawa Electric Corporation, General Electric, EFACEC Electric International Engineering Co. Ltd, Precision Product Handling International Ltd, HK AA Industrial Co., International Coalition of Intelligent Manufacturing, Switek Technology Automation Co., Ltd, Youibot Robotics, InterTech Development Company, United magnetics co., ltd, Immetech Industrial Co., Ltd, Zinsser Analytic GmbH, Wiesemann & Theis GmbH, Lammers Automation GmbH, syskomp gehmeyr GmbH, vision-tec gmbh, Otc Daihen Europe Gmbh, Koch Textilpflege GmbH, Alukeep GmbH, WSCAD Nederland, Engmatec, Hexagon, Indusoft, Ltd, Sinkross, TEKKNOW, Roxor Industry, VERYSELL Industrial Systems Automation, FST Rus LLC, ProSoft, Rusatom Automated Control Systems, SMS-Automation, RONDO RUS, BFG Group, ProMach Innovation Center, Omnirobotic, Proment Inc., Denson Automation Inc, Rebel Automated Systems, Honeywell International Inc, Cognex Corporation, Teradyne Inc., National Instruments Corporation, Plexus Corp., Nauticus Robotics Inc., Novanta Inc., Yokogawa Electric, CI24 Controles Inteligentes, Rewo Uruguay, Danlesco Gulf LLC, ASCORP Industrial Complex LLC, Spex Insulation Contracting, Kimans Inc, Team Switchgear And Control L.L.C, Telinstra FZCO, Autochim Systems, Control Systems Integration (Pty) Ltd, Festo South Africa, DIRECTECH GROUP, SMC Corporation, JMP Group, Protea automation solutions. For further insights on the industrial automation market, request a sample here.

What are the key trends in the industrial automation market?

Major trend in the industrial automation market - Technological Advancements Drive Innovation In The Industrial Automation Market. For further insights on the industrial automation market, request a sample here.

What are the major opportunities in the industrial automation market? What are the strategies for the industrial automation market?

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How does the industrial automation market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the industrial automation industry?

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What are the key dynamics influencing the industrial automation market growth? SWOT analysis of the industrial automation market.

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