Industrial Automation Services Market Research Report‚ÄĒGlobal Forecast till 2030

Industrial Automation Services Market Research Report Information By Solution (Programmable Logic Controller (PLC), Supervisory Control & Data Acquisition (SCADA), Distributed Control System, Manufacturing Execution System (MES), Product Lifecycle Management (PLM), Functional Safety, and Plant Asset Management (PAM)), By Services (Consulting Services, System Integration, Professional Service, Technical Training, and Others), By Application (Aerospace & Defense, Others, Transportation & Logistics, Automotive, Energy & Power Systems, and Mini

ID: MRFR/ICT/3396-CR | 181 Pages | Author: Ankit Gupta | July 2021         

Global Industrial Automation Services Market Overview


Industrial Automation Services Market Size was valued at USD 127.2 billion in 2022. The industrial automation services market industry is projected to grow from USD 145.26 Billion in 2023 to USD 322.22 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 14.20% during the forecast period (2023 - 2030). The growing adoption of automation and smart manufacturing across manufacturing sectors worldwide and the need to develop new business strategies and improve manufacturing's core competencies are the key industrial automation services market drivers enhancing market growth.


Industrial Automation Services Market Overview


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Industrial Automation Services Market Trends



  • Industry demands for industrial automation are on the rise, driving the industrial automation services market growth


Market CAGR for the industrial automation services market is driven by the increasing demand for industrial automation in manufacturing Industries. The increasing need for greater throughput and lower costs has led manufacturers to adopt automation and Industry 4.0 solutions to enhance efficiency. Automation has become synonymous with machines performing tasks that humans previously performed. This technology involves electromechanical systems that are programmed to perform a wide variety of processes. As automation improves and continues to influence manufacturing, manufacturers strive for a digital system that tracks materials, supply chains, production, and delivery. A growing number of manufacturers are using automation to ensure precision and consistency and to boost operational efficiency.


Additionally, many companies worldwide are adopting robots in their industrial sectors. In the next decade, robotics will see significant improvements in price and performance with the integration of artificial intelligence and other technological advances, including better machine vision and sensors. Robotics can perform various manual tasks more efficiently and accurately than humans, which is why robotics are considered vital tools for increasing productivity today. Robots have most commonly been adopted in the manufacturing industry, where robots perform manual tasks more efficiently. With the incorporation of artificial intelligence, robots are becoming cheaper, more flexible, and more autonomous. Some robots replace human workers, while others—collaborative robots, or "cobots," which complement them—are used in conjunction.


For instance, Tetra Pak's warehouse was integrated with a supply chain solution based on a digital twin by DHL International GmbH in July 2019. It would help facilitate scalable, cost-effective, and agile operations across the supply chain. Transport vehicles have Internet of Things (IoT) technology to create a digital twin. This keeps shipments of essentials, such as food and drinks, safe during transportation. The growing demand for automation solutions in the coming years has contributed to adopting digital twin technology. Thus, driving the industrial automation services market revenue.


Industrial Automation Services Market Segment Insights


Industrial Automation Services Solution Insights


The Industrial Automation Services Market segmentation, based on solution, includes a programmable logic controller (PLC), supervisory control & data acquisition (SCADA), distributed control system, manufacturing execution system (MES), product lifecycle management (PLM), functional safety, and plant asset management (PAM). The distributed control system segment dominated the industrial automation services market, accounting for 34.4% of industrial automation services market revenue. Due to the fast pace of adoption of IIOT by industrialists, automated control systems are becoming increasingly popular, driving DCS market growth.


Industrial Automation Services Services Insights


The Industrial Automation Services Market segmentation, based on services, includes consulting services, system integration, professional service, technical training, and others. The consulting services category generated the most income (31.5%) due to the consultations and services offered for treating patients' health issues, including curative, palliative, rehabilitative, and curative care. Through automation and control, operational costs are reduced, supply chain errors are reduced, and customer service is improved, which results in better patient care.


Industrial Automation Services Application Insights


The Industrial Automation Services Market data, based on application, includes aerospace & defense, others, transportation & logistics automotion, energy & power systems, and mining & metals. The automotive segment dominated the industrial automation services market, accounting for 35% of market revenue (78.48 billion). The automotive industry is expected to receive further growth as more people opt to replace conventional vehicles with alternative fuel vehicles. The production facilities of various automakers are automated to maintain accuracy and efficiency. Moreover, the growing trend of replacing conventional vehicles with EVs will further augment the industry's demand.


Figure 1: Industrial Automation Services Market, by Application, 2022 & 2030 (USD billion)
Industrial Automation Services Market, by Application, 2022 & 2030


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Industrial Automation Services Regional Insights


By Region, the study provides market insights into North America, Europe, Asia-Pacific and Rest of the World. The Asia-Pacific industrial automation services market will dominate the industrial automation services market, owing to the growing emphasis on enhancing process efficiency and reducing production costs throughout various industry verticals. Several factors are influencing the regional economy, including the number of government initiatives for digitalization, the increasing demands for workplace safety, and improved efficiency in industrial processes. A key revenue-generating country in the Asian-Pacific industrial automation services market is China.


Further, the major countries studied in the industrial automation services market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.


Figure 2: INDUSTRIAL AUTOMATION SERVICES MARKET SHARE BY REGION 2022 (%)
INDUSTRIAL AUTOMATION SERVICES MARKET SHARE BY REGION 2022


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


North America's industrial automation services market accounts for the second-largest market share due to increased competition and end-user expectations. Manufacturing units in the region are implementing the latest technological advances and digital transformation capabilities to make their business processes more efficient and effective. Further, the US industrial automation services market held the largest market share, and the Canadian industrial automation services market was the fastest-growing market in the North-American region


The Europe industrial automation services market is expected to grow at the fastest CAGR from 2023 to 2030. In January 2021, Western Europe and Nordic European Countries had the highest robot densities in the world, according to the International Federation of Robotics (IFR). Moreover, Germany’s industrial automation services market held the largest market share, and the UK industrial automation services market was the fastest-growing market in the European region.


For instance, as part of the new services and asset lifecycle management solution, Siemens AG expanded its partnership with SAP SE. Through digital twins and remote condition monitoring, the partnership aims to facilitate collaboration across the asset lifecycle by connecting plant floor operations, product development, and remote condition monitoring.


Industrial Automation Services Key Market Players & Competitive Insights


Leading market players are investing heavily in research and development to expand their product lines, which will help the industrial automation services market grow even more. Market participants are also undertaking various strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The industrial automation services industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.


Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the global industrial automation services industry to benefit clients and increase the market sector. In recent years, the industrial automation services industry has offered some of the most significant advantages to manufacturing industries. Major players in the industrial automation services market, including Siemens AG (Germany), ABB Ltd. (Switzerland), Johnson Controls Inc. (Ireland), General Electric Company (US), Schneider Electric SE (France), Honeywell International Inc. (US), Mitsubishi Electric Corporation (Japan), Yokogawa Electric (Japan), Rockwell Automation Inc. (US), and Ametek Inc. (US)


The ABB Group provides power and automation technologies. In addition to power products, the Company also makes power systems, automation products, process automation, and robotics. In March 2021, as part of its SCADA system, ABB developed an automation control solution that improves the efficiency of solar plants, enabling plant operators to monitor and analyze relevant data about solar projects easily.


The Rockwell Automation India Private Limited company was founded in 2001. The company manufactures a range of electronic components, including antennas, switches, and waveguides. In November 2020, With LifecycleIQ services, Rockwell Automation combined the power of digital technology with expert human knowledge in a transformative partnership. As a result of the services, companies can work faster, smarter, and more agile at every part of the business cycle. Companies can benefit from connecting their operations and maintenance in greenfield and brownfield facilities during the design, operations, and maintenance phases.


Key Companies in the Industrial Automation Services market include



Industrial Automation Services Industry Developments


March 2021 It was announced that Mercedes-Benz and Siemens AG have partnered to advance digitalization and automation in the automotive industry. As a result of this partnership, Mercedes-Benz AG hopes to digitize its production processes.


March 2020 The Dynapar AI25 EtherNet/IP absolute encoder line has been launched by Danaher Corporation's subsidiary Dynapar. With its durable stainless steel housing, 400G shock and 30G vibration ratings, wide input voltages and temperature ranges, and high shaft speeds, the AI25 EtherNet/IP absolute encoder is highly reliable. The shafted and hub shaft variants are available with 22-bit resolutions for single turns and 12-bit resolutions for multiturn and high accuracy.


February 2019 Intelligent Platforms was acquired by Emerson from GE. Adding Intelligent Platforms PLC technology expanded Emerson's capabilities in machine control and discrete applications, allowing the global leader in automation for process and industrial customers.


Industrial Automation Services Market Segmentation


Industrial Automation Services Solution Outlook



  • Programmable Logic Controller (PLC)

  • Supervisory Control & Data Acquisition (SCADA)

  • Distributed Control System

  • Manufacturing Execution System (MES)

  • Product Lifecycle Management (PLM)

  • Functional Safety

  • Plant Asset Management (PAM)


Industrial Automation Services Services Outlook



  • Consulting Services

  • System Integration

  • Professional Service

  • Technical Training

  • Others


Industrial Automation Services Application Outlook



  • Aerospace & Defense

  • Others

  • Transportation & Logistics

  • Automotive

  • Energy & Power Systems

  • Mining & Metals


Industrial Automation Services Regional Outlook




  • North America



    • US

    • Canada




  • Europe



    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe




  • Asia-Pacific



    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific




  • Rest of the World




    • Middle East




    • Africa




    • Latin America







Report Scope:

Report Attribute/Metric Details
Market Size 2022 USD 127.2 billion
Market Size 2023 USD 145.26 billion
Market Size 2030 USD 322.22 billion
Compound Annual Growth Rate (CAGR) 14.20% (2023-2030)
Base Year 2022
Market Forecast Period 2023-2030
Historical Data 2019- 2021
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered The solution, Services, Application and Region
Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered The U.S., Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled Siemens AG (Germany), ABB Ltd. (Switzerland), Johnson Controls Inc. (Ireland), General Electric Company (US), Schneider Electric SE (France), Honeywell International Inc. (US), Mitsubishi Electric Corporation (Japan), Yokogawa Electric (Japan), Rockwell Automation Inc. (US), and Ametek Inc. (US)
Key Market Opportunities ·         The advancement of industrial robotics
Key Market Dynamics ·         Partnerships and collaborations in the global marketplace are key to the Fourth Industrial Revolution


Frequently Asked Questions (FAQ) :

The Industrial Automation Services Market size was valued at USD 127.2 Billion in 2022.

The Industrial Automation Services Market is projected to grow at a CAGR of 14.20% during the forecast period, 2023-2030.

The key players in the industrial automation services market are Siemens AG (Germany), ABB Ltd. (Switzerland), Johnson Controls Inc. (Ireland), General Electric Company (US), Schneider Electric SE (France), Honeywell International Inc. (US), Mitsubishi Electric Corporation (Japan), Yokogawa Electric (Japan), Rockwell Automation Inc. (US), and Ametek Inc. (US)

The distributed control system industrial automation services category dominated the industrial automation services market in 2022.

The consulting services had the largest share in the Industrial Automation Services Market.

The automotive and industrial automation services category dominated the industrial automation services market in 2022.

Key Questions Answered

  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players‚Äô financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
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