Global Industrial Automation Market is projected to grow at a CAGR of 10.3% during the forecast period: MRFR

Increasing Adoption of AI and Robotics will Positively Impact the Global Industrial Automation Market at a CAGR of 8.96% during the Forecast Period 2025 to 2035

Market Research Future (MRFR) has published a cooked research report on the “Global Industrial Automation Market” that contains information from 2025 to 2035. The Industrial Automation Market is estimated to register a CAGR of 8.96% during the forecast period of 2025 to 2035.

MRFR recognizes the following companies as the key players in the Global Industrial Automation Market — Siemens, General Electric, Rockwell Automation Inc., ABB Group, Schneider Electric S.E., Honeywell International Inc., Mitsubishi Electric Corporation, Omron Corporation, Yokogawa Electric Corporation, and Fanuc Corporation.

Market Highlights

The Global Industrial Automation Market is accounted for to register a CAGR of 8.96% during the forecast period and is estimated to reach USD 602.51 Billion by 2035.

The market is growing mostly because more people want automation solutions, AI and the Internet of Things (IoT) are becoming more common, and businesses need to make their manufacturing processes and workers more productive. The rise in labor costs in developing countries, the growing focus on sustainability, and the growth of smart factories are all helping the market grow even faster.

The use of collaborative robots (cobots) and AI-powered predictive maintenance systems is changing the way businesses work by cutting down on downtime and making processes more reliable. In addition, governments in different parts of the world are starting programs to encourage automation in manufacturing to make it more productive and competitive.

New technologies like machine vision systems, industrial robots, and control systems are changing industries like automotive, pharmaceuticals, food and drink, and energy and power. Siemens and Rockwell Automation are using digital twins, edge computing, and cloud-based control architectures to make production processes more efficient and faster.

Sustainability efforts are also having a big impact on how the market works. Automated systems help reduce energy use, waste production, and carbon footprint, which is in line with global goals for sustainability and environmental compliance. This change is pushing businesses to move toward smart, connected, and eco-friendly production systems.

Segment Analysis

The Global Industrial Automation Market has been segmented based on Component, Type, Technology, and End-Use Industry.

Based on Component, the market is divided into Hardware, Software, and Services. The Hardware segment dominated the global market in 2024, while the Software segment is projected to be the fastest-growing during the forecast period, driven by the increasing use of AI-based analytics and industrial IoT platforms for real-time process monitoring and optimization.

Based on Type, the market is segmented into Fixed Automation, Programmable Automation, and Flexible Automation. The Fixed Automation segment held the largest market share in 2024, owing to its wide application in mass production systems such as automotive and electronics manufacturing. However, Flexible Automation is projected to be the fastest-growing segment as industries increasingly adopt adaptable systems to handle diverse product lines and shorter production cycles.

Based on Technology, the market is classified into Industrial Robotics, Machine Vision Systems, Control Systems, Artificial Intelligence and Machine Learning, Industrial Internet of Things (IIoT), Advanced Process Control (APC), and Human-Machine Interface (HMI). The Industrial Robotics segment dominated the market in 2024 and is expected to maintain its lead, supported by growing demand for precision, safety, and productivity in manufacturing environments.

Based on End-Use Industry, the market includes Automotive, Pharmaceutical, Food & Beverage, Chemicals, Packaging, Energy & Power, Aerospace & Defense, Mining & Metals, Electronics & Semiconductor, and Others. The Automotive segment is projected to register the fastest growth due to the rising use of robotics and automation systems for vehicle assembly, welding, and material handling processes.

Region Analysis

By Region, the Industrial Automation Market is segmented into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. The Asia-Pacific region dominated the global market in 2024 and is projected to maintain its lead throughout the forecast period. This growth is attributed to the rapid industrialization across countries like China, Japan, India, and South Korea, strong government support for automation initiatives, and expanding manufacturing capabilities. China, being the world’s largest automobile producer, plays a crucial role in driving automation demand, while Japan and South Korea continue to pioneer in robotics and smart manufacturing technologies.

Key Findings of the Study

• The Global Industrial Automation Market is expected to reach USD 602.51 Billion by 2035, at a CAGR of 8.96% during the forecast period (2025–2035).• Asia-Pacific accounted for the largest market share in 2024, while North America is projected to be the fastest-growing region.• Based on Component, the Hardware segment dominated the market in 2024.• Based on Type, the Fixed Automation segment held the largest market share in 2024.• Based on End-Use Industry, the Automotive segment is projected to witness the fastest growth through 2035.• Key players in the market include Siemens, General Electric, Rockwell Automation Inc., ABB Group, Schneider Electric S.E., Honeywell International Inc., Mitsubishi Electric Corporation, Omron Corporation, Yokogawa Electric Corporation, and Fanuc Corporation.

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