What is the Automation Industry Market size?
According to 6Wresearch internal database and industry insights, the
Global Automation Industry Market was valued at USD 19.7 billion in 2024 and is expected to exceed USD 34.6 billion by 2031, growing at a CAGR of 8.5% during the forecast period.
This growth is driven by increased adoption of industrial robots, advancements in artificial intelligence, widespread deployment of IoT-based systems in manufacturing, and demand for higher operational efficiency across industries such as automotive, pharmaceuticals, energy, and logistics.
Growth Factors of the Automation Industry Market
- Rising demand for smart manufacturing and Industry 4.0 integration across production lines
- Accelerated use of robotics in automotive, electronics, and metal industries
- Labor shortages and cost-cutting pressures boosting automation adoption
- Surge in demand for cloud-based SCADA, MES, and PLC control systems
- Increasing penetration of automation in utilities and energy management
- Government incentives and policies supporting digital transformation in manufacturing
Automation Industry Market Trends
The automation sector is undergoing transformation through collaborative robotics, AI-powered quality inspection, and autonomous mobile robots (AMRs) for logistics. There's growing interest in edge computing for real-time processing, and digital twin technology is emerging as a tool to simulate entire production environments. Furthermore, cybersecurity integration in automated systems is becoming essential, and low-code automation platforms are facilitating rapid industrial deployment with minimal technical overhead.
Emerging Developments in Automation Industry Market
The automation landscape is witnessing the convergence of machine learning, vision systems, and predictive maintenance algorithms. Companies are shifting from rigid automation to flexible, AI-led systems that can adapt to dynamic production requirements. New developments include AI-enhanced human-machine interfaces, 5G-enabled industrial connectivity, and self-learning robotic arms for high-mix, low-volume production.
Major Companies in the Automation Industry
- ABB Ltd.
- Rockwell Automation
- Emerson Electric Co.
- Siemens AG
- Schneider Electric
- Mitsubishi Electric Corporation
How big is the automation industry market : FAQ's
Emerson Electric Co., ABB Ltd., Rockwell Automation, Siemens AG, and others are the major companies in the market.
The automation industry market is valued at USD 19.7 billion in 2024 and projected to surpass USD 34.6 billion by 2031.
Advancements in artificial intelligence and widespread deployment of IoT-based systems in manufacturing are the key drivers.
Key technologies include AI-driven robotics, cloud SCADA systems, IoT-based controls, and digital twins.
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