Global Industrial Automation Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Machine Vision Systems, X-Ray Inspection Systems, Metal Detection Systems, and Checkweighing Systems.

By Component;

Hardware and Software.

By Application;

Process Automation and Discrete Automation.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn295467998 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Industrial Automation Market (USD Million), 2021 - 2031

In the year 2024, the Global Industrial Automation Market was valued at USD 252,558.37 million. The size of this market is expected to increase to USD 479,772.83 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.6%.

The global industrial automation market has witnessed substantial growth and transformation in recent years, driven by advancements in technology and increasing demand for efficiency across various industrial sectors. Industrial automation refers to the use of control systems, such as computers or robots, and information technologies for handling different processes and machinery in an industry to replace human intervention. This automation aims to streamline operations, improve productivity, enhance safety, and reduce operational costs.

One of the key drivers propelling the growth of the industrial automation market is the adoption of Industry 4.0 principles. Industry 4.0, often referred to as the fourth industrial revolution, integrates cyber-physical systems, the Internet of Things (IoT), and cloud computing to create smart factories and industrial processes. This integration enables real-time data exchange, predictive maintenance, and adaptive manufacturing, thereby optimizing production processes and enhancing overall operational efficiency.

Industries worldwide are increasingly focusing on automation to meet growing consumer demands for customized products and to maintain competitiveness in the global market. Automation not only improves speed and accuracy in manufacturing but also enables rapid adjustments to market demands, reducing time-to-market for new products.

The industrial automation market encompasses a wide range of technologies and solutions, including programmable logic controllers (PLCs), distributed control systems (DCS), human-machine interface (HMI) systems, robotics, and machine vision systems. These technologies are applied across various industries such as automotive, electronics, pharmaceuticals, food and beverage, and oil and gas, among others.

The adoption of industrial automation is not without challenges. Concerns about job displacement due to automation, cybersecurity risks, and initial high costs of implementation are factors that can impede the market growth to some extent. Nevertheless, as technology continues to evolve and as industries recognize the benefits of automation in improving operational efficiency and sustainability, the global industrial automation market is expected to expand significantly in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Component
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Industrial Automation Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Cost Reduction

        2. Demand for IoT

        3. Skill Shortages

        4. Predictive Maintenance

      2. Restraints
        1. High Initial Costs

        2. Cybersecurity Concerns

        3. Compatibility Issues

        4. Complexity of Systems

      3. Opportunities
        1. Industry 4.0 Adoption

        2. Cloud-Based Solutions

        3. AI and Machine Learning Integration

        4. Remote Monitoring

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Industrial Automation Market, By Product, 2021 - 2031 (USD Million)
      1. Machine Vision Systems

      2. X-Ray Inspection Systems

      3. Metal Detection Systems

      4. Checkweighing Systems

    2. Global Industrial Automation Market, By Component, 2021 - 2031 (USD Million)
      1. Hardware
      2. Software
    3. Global Industrial Automation Market, By Application, 2021 - 2031 (USD Million)
      1. Process Automation
      2. Discrete Automation
    4. Global Industrial Automation Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea ASEAN (Association of South East Asian Countries)
        6. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Advantech Co. Ltd.
      2. Clarke Solutions LLC
      3. Cognex Corp.
      4. Illinois Tool Works Inc.
      5. Inspection Systems Pty Ltd.
      6. John Bean Technologies Corp.
      7. Mettler-Toledo International Inc.
      8. Peco InspX
      9. Teledyne Technologies Inc.
      10. Thermo Fisher Scientific Inc.
      11. ABB Ltd
      12. Schneider Electric SE
      13. Honeywell International Inc.
      14. Mitsubishi Electric Corporation
      15. Yokogawa Electric Corporation
      16. Emerson Electric Co.
  7. Analyst Views
  8. Future Outlook of the Market