Industrial Automation Global Market Report 2024

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

Name: Industrial Automation Global Market Report 2024
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Industrial Automation Global Market Report 2024

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Industrial Automation Market Definition

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.

Industrial Automation Market Segmentation

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.

Global Industrial Automation Market Size 2023 to 2028: Graph

Industrial Automation Market Size 2024 And Growth Rate

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.

Industrial Automation Market Growth Forecast

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.

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Industrial Automation Market Driver: 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.

Industrial Automation Market Driver: 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.

Global Industrial Automation Market Major Players

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.

Global Industrial Automation Market Trend: 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.

Global Industrial Automation Market Trend: 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.

Industrial Automation Market Merger And Acquisition: 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.

Regional Analysis For The Global Industrial Automation Market

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 Report Forecast And Analysis

Report Attribute	Details
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	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, 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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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?

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?

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?

For detailed insights on the major opportunities and strategies in the industrial automation market, request a sample here.

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

For detailed insights on industrial automation market's relation to the overall economy and other similar markets, request a sample here.

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

For detailed insights on the mergers and acquisitions in the industrial automation industry, request a sample here.

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

For detailed insights on the key dynamics influencing the industrial automation market growth and SWOT analysis of the industrial automation industry, request a sample here.