Global Industrial Automation Market Trend, Size, Share, Trends, Growth, Report and Forecast 2024-2030

The most recent report by MarkNtel Advisors, titled “Global Industrial Automation MarketIndustrial Automation Market Report – By Component (Field Devices, [Industrial Robots, Human Machine Interface (HMI), Control Valves, Sensors, Industrial 3D Printing, Others (Machine Vision, Fields Instruments, etc.)], Industrial Control Systems, [Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controller (PLC), Distributed Control System (DCS), Manufacturing Execution System (MES), Product Lifecycle Management (PLM), Others (Industrial Safety, Plant Asset Management (PAM), etc.).The Global Industrial Automation Market size was valued at around USD 162 billion in 2023 and is expected to register a CAGR of around 10.8% during the forecast period, i.e., 2024-30.” offers a comprehensive industry assessment and market outlook. This research presents an extensive overview of the present market conditions, encompassing market trends and the latest developments. The report delves deeply into aspects such as market size, market share, industry trends, forecasts, and the competitive landscape, providing a clear and well-supported depiction of the market through relevant statistical data.

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Global Industrial Automation Market Driver:

Increasing Implementation of Industrial IoT to Boost Market Value – The significance of IoT in industrial automation is boosting the market size worldwide as it facilitates the development and optimization of efficient, economical, and adaptable system frameworks. The integration of Industrial IoT (IIoT) solutions enables connectivity between industrial resources for swift transparency and heightened efficiency. IIoT in conjunction with edge computing simplifies device management throughout its lifecycle across manufacturing processes.

Several companies are implementing their own industrial IoT technology to enhance their efficiency, productivity, and overall performance. One such instance is Siemens, which developed its own industrial IoT offerings, such as MindSphere, Mendix, and IndustrialEdge that rely on automation technologies for insights derived from industrial data.  Hence, organizations implement these technologies to streamline their operations while enhancing customer satisfaction. Consequently, there is a projected market growth trajectory due to the widespread adoption and implementation of IIoT within various industries.

What do you get in this report?

  • Forecasts for the Global Industrial Automation Market, encompassing both well-established and emerging markets.
  • An exploration of various market perspectives using Porter’s Five Forces analysis.
  • Insights into the market sectors poised to dominate on a scale.
  • Projections for regions expected to experience the most rapid growth during the forecast period.
  • Examination of the latest developments, market shares, and marketing strategies employed by top competitors in the Global Industrial Automation industry.
  • Factors influencing the overall market’s growth trajectory.
  • Potential barriers to the market’s expansion in the coming years.
  • An in-depth look at the competitive landscape and intricate insights into the potential business opportunities for key market players.
  • Pricing strategies adopted by various participants within the Global Industrial Automation Market.

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Stay ahead of the market competition:

The report integrates factual data, numerical figures, and market insights to generate revenue assessments and market projections. This is accomplished through a diverse array of statistical tools and the expertise of industry professionals. Each prominent player undergoes a comprehensive examination, which includes a SWOT analysis, a detailed profile, and a complementary Porter’s Five Forces analysis.

To seize emerging opportunities, key market participants have consistently been revaluating and adjusting their strategies and operational methods. Our analysis extends beyond major corporations to encompass regional small and medium-sized enterprises that hold significant roles and possess substantial growth potential. This approach allows us to accurately portray the level of competition within the industry.

This section provides detailed information about the key market participants: –             

ABB Ltd., Dwyer Instruments, Emerson Electric Co., Honeywell International, Inc., Kawasaki Heavy Industries, Ltd., Mitsubishi Electric Corporation, OMRON Corporation, Rockwell Automation, Inc., Schneider Electric, Siemens AG, Yokogawa Electric Corporation, Fanuc Corporation, WIKA Gmbh, Stratasys, 3D Systems Corp., and Others.

In-depth analysis of Global Industrial Automation Market Segmentation:

Our thorough analysis of market segmentation provides accurate and insightful data to assist our readers in making informed and strategic investment decisions. The research encompasses market forecasts at the global, regional, and national levels. It examines market trends within each market category for the years 2024 through 2030.

The Global Industrial Automation Market is highly fragmented and categorized into the following segments:

By Component

-Field Devices

-Industrial Robots- Market Size & Forecast 2019-2030, (USD Million)

-Human Machine Interface (HMI)- Market Size & Forecast 2019-2030, (USD Million)

-Control Valves- Market Size & Forecast 2019-2030, (USD Million)

-Sensors- Market Size & Forecast 2019-2030, (USD Million)

-Industrial 3D Printing- Market Size & Forecast 2019-2030, (USD Million)

-Others (Machine Vision, Fields Instruments, etc.)- Market Size & Forecast 2019-2030, (USD Million)

 Industrial Control Systems

-Supervisory Control and Data Acquisition (SCADA)- Market Size & Forecast 2019-2030, (USD Million)

-Programmable Logic Controller (PLC)- Market Size & Forecast 2019-2030, (USD Million)

-Distributed Control System (DCS)- Market Size & Forecast 2019-2030, (USD Million)

-Manufacturing Execution System (MES)- Market Size & Forecast 2019-2030, (USD Million)

-Product Lifecycle Management (PLM)- Market Size & Forecast 2019-2030, (USD Million)

-Others (Industrial Safety, Plant Asset Management (PAM), etc.)- Market Size & Forecast 2019-2030, (USD Million)

By Level of Automation

-Semi-automatic- Market Size & Forecast 2019-2030, (USD Million)

-Fully Automatic- Market Size & Forecast 2019-2030, (USD Million)

By End User

-Automotive- Market Size & Forecast 2019-2030, (USD Million)

-Mining- Market Size & Forecast 2019-2030, (USD Million)

-Water & Wastewater Management- Market Size & Forecast 2019-2030, (USD Million)

-Electronic & Semiconductors- Market Size & Forecast 2019-2030, (USD Million)

-Energy- Market Size & Forecast 2019-2030, (USD Million) & Power

-Food & Beverages- Market Size & Forecast 2019-2030, (USD Million)

-Oil & Gas- Market Size & Forecast 2019-2030, (USD Million)

-Others (Pharmaceuticals, Chemicals, etc.) – Market Size & Forecast 2019-2030, (USD Million)

By Region

-North America

-South America


-The Middle East & Africa


Key Questions:

  • What are the particular strategies and constraints impacting market demand?
  • How will patterns, challenges, and trends influence the expansion and extent of the market?
  • Which market factors will contribute to the formulation of client and corporate strategies?
  • What factors, such as rising demand and ongoing market developments, are exerting an influence?
  • What level of growth potential or capacity does the market possess in the near future?
  • Which region is likely to command the largest market share in the upcoming period?
  • Among the market segments discussed, which ones might be exploring opportunities for further expansion?
About Us

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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