Industrial Automation Market: Analyzing Growth, Trends, and Forecasts to 2035

Published: May 2025
Report Code:
SKU: LMR125678

Overview:

The industrial automation market is poised for substantial expansion, driven by the increasing need for efficiency and precision across various sectors. The market is expected to reach USD 47.82 billion in 2025 and is projected to grow to USD 91.75 billion by 2035, reflecting a compound annual growth rate (CAGR) of 7.1% over the forecast period. This growth is propelled by advancements in technology and the rising adoption of automation solutions to streamline operations.

Key factors driving market growth include the increasing demand for automation in manufacturing processes, the integration of IoT and Industry 4.0 technologies, and the need for enhanced productivity and reduced operational costs. Additionally, government initiatives promoting industrial modernization and automation are contributing to market expansion.

The on-premise deployment model currently holds a significant share of the market, but cloud-based solutions are expected to witness higher growth rates due to their scalability and flexibility. Among components, software solutions are anticipated to experience rapid growth, driven by the increasing complexity of automation systems and the need for advanced analytics and control.

Regionally, Asia Pacific is expected to be the fastest-growing market, owing to the rapid industrialization and increasing investments in automation technologies in countries like China and India. North America and Europe also hold substantial market shares, driven by the presence of established industries and the early adoption of advanced automation solutions.

The competitive landscape of the industrial automation market is characterized by the presence of several key players offering a wide range of products and services. These companies are focused on developing innovative solutions and expanding their market presence through strategic collaborations and acquisitions.

The future of the industrial automation market looks promising, with ongoing advancements in technology and the increasing demand for automation across diverse industries. As businesses continue to seek ways to optimize their operations and improve efficiency, the adoption of industrial automation solutions is expected to accelerate, driving further market growth.

YOY Growth Bar Chart

Year On Year Growth Chart

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Report Attribute Details
Market Size in 2025 USD 46.65 billion
Revenue Forecast for 2035 USD 90.92 billion
Growth Rate (CAGR) 6.9% from 2025 to 2035
Base Year for Estimation 2024
Historical Data 2020 – 2024
Forecast Period 2025 – 2035
Quantitative Units Revenue in USD million/billion and CAGR from 2025 to 2035
Report Coverage Revenue forecast, company market share, competitive landscape, growth factors, and trends
Covered Segments Deployment, component, and end-use industry
Regional Scope North America, Europe, Asia Pacific
Country Scope U.S., Canada, U.K., Germany, Italy, China, India, Japan, South Korea
Key Companies Analyzed Siemens AG; Rockwell Automation, Inc.; Schneider Electric SE; Mitsubishi Electric Corporation; ABB Ltd.
Customization Options Free report customization (up to 8 analysts working days) with purchase. Changes to country, regional, and segment scope
Pricing and Purchase Options Customizable purchase options for tailored research needs

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Pie Chart

Key Companies Market Share

Report Coverage & Deliverables

This is an indicative segmentation. Please request a sample report to see detail segmentation of this market.

Detailed Market Segmentation

  • By Deployment
    • On-Premise
    • Cloud-Based
  • By Component
    • Hardware
      • Sensors
      • Controllers
      • Actuators
      • Industrial Robots
    • Software
    • Services
  • By End-Use Industry
    • Automotive
    • Food and Beverage
    • Pharmaceutical
    • Chemical
    • Oil and Gas
    • Energy
    • Aerospace and Defense
  • By Region
    • North America (U.S., Canada)
    • Europe (U.K., Germany, France, Italy)
    • Asia Pacific (China, India, Japan, South Korea)

Table of Content

  • Executive Summary
  • Market Overview
  • Key Market Trends
  • Market Dynamics
  • Global Industrial Automation Market Analysis, 2025-2035, By Deployment
    • On-Premise
    • Cloud-Based
  • Global Industrial Automation Market Analysis, 2025-2035, By Component
    • Hardware
      • Sensors
      • Controllers
      • Actuators
      • Industrial Robots
    • Software
    • Services
  • Global Industrial Automation Market Analysis, 2025-2035, By End-Use Industry
    • Automotive
    • Food and Beverage
    • Pharmaceutical
    • Chemical
    • Oil and Gas
    • Energy
    • Aerospace and Defense
  • Global Industrial Automation Market Analysis, 2025-2035, By Region
    • North America
    • Europe
    • Asia Pacific
  • North America Industrial Automation Market Analysis, 2025-2035
  • Europe Industrial Automation Market Analysis, 2025-2035
  • Asia Pacific Industrial Automation Market Analysis, 2025-2035
  • Competitive Landscape
  • Key Company Profiles
    • Siemens AG
    • Rockwell Automation, Inc.
    • Schneider Electric SE
    • Mitsubishi Electric Corporation
    • ABB Ltd.
  • Market Opportunities and Future Trends
  • Impact of Macroeconomic Factors
  • Regulatory Framework
  • Research Methodology
  • Assumptions and Limitations
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