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  • KSIA - Korea Semiconductor Industry Association
  • Hitachi Astemo Limited
  • Samsung Electronics
  • Halvo holdings
  • NTT corporation
  • AGC Inc
  • Siemens AG
  • Unilever
  • Merck Pharmaceuticals
  • Atlas Copco
  • Hologic - Medical Technology company
  • Novartis
  • Henkel
  • Reckitt
  • FAQs

    Industrial Automation Market size was valued at USD 240.08 Billion in 2024 and is poised to grow from USD 261.2 Billion in 2025 to USD 512.88 Billion by 2033, growing at a CAGR of 8.8% during the forecast period (2026–2033).

    The worldwide industrial automation industry is very competitive with major players such as Schneider Electric, Mitsubishi Electric, and Emerson Electric competing on the basis of strategy and innovation partnerships. Governments across the globe are promoting this competition; for example, the U.S. Department of Commerce invested USD 80 million in 2024 to spur R&D partnership initiatives amongst automation companies and universities. Schneider Electric recently won a USD 50 million contract under France's Industry of the Future program focusing on smart factory solutions. Mitsubishi Electric penetrated further through government-sponsored digital transformation initiatives in Japan, consolidating AI deployment in automation. Emerson Electric also gains from the Canadian government's USD 60 million Smart Manufacturing Challenge, which facilitates IoT and cloud-based automation adoption, fueling technology leadership and business growth. 'ABB', 'Emerson', 'Siemens', 'Schneider Electric', 'Mitsubishi Electric', 'Bosch Rexroth', 'Endress+Hauser', 'Honeywell', 'Rockwell Automation', 'General Electric', 'Fanuc Corporation', 'Omron Corporation', 'Advantech Co., Ltd.', 'Hitachi Ltd.', 'Keyence Corporation', 'Parker Hannifin Corporation', 'Yaskawa Electric Corporation', 'Beckhoff Automation GmbH & Co.', 'Danaher Corporation', 'Fuji Electric'

    Increased demand for increased productivity and efficiency is one of the major growth drivers of the world industrial automation market. Governments such as the U.S. Department of Energy spend more than USD 150 million per year on energy-conserving automated manufacturing technology. The U.S. Bureau of Labor Statistics listed a 2.5% increase in the output of manufacturing per hour annually (2018-2023). Market giants Siemens and ABB use automation to minimize downtime by as much as 30%, maximizing working efficiency, and enabling industries to achieve stringent global energy and manufacturing standards.

    Growing Adoption of Edge Computing in Industrial Automation: Governments such as Singapore are spending more than USD 200 million for the construction of edge computing facilities for facilitating real-time data processing in factories. The Singapore Economic Development Board reports that it lessens latency and improves decision-making speed, improving automation efficiency and allowing for smart and responsive factory floors in Asia and around the world.

    The Asia Pacific market leads industrial automation with the rapid rate of industrialization, government initiatives like China's "Made in China 2025," and excessive investments in advanced manufacturing technologies. China, Japan, and India are some of the top countries to lead adoption levels, followed by a focus on robotics, IoT deployment, and AI-driven solutions to achieve increased productivity and efficiency.

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    Global Industrial Automation Market

    Report ID: SQMIG45E2360

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