Global Industrial Automation Product Market Growth 2025-2031

The global Industrial Automation Product market size is predicted to grow from US$ 9688 million in 2025 to US$ 15990 million in 2031; it is expected to grow at a CAGR of 8.7% from 2025 to 2031.

Industrial Automation is the control of machinery and processes used in various industries by autonomous systems through the use of technologies like robotics and computer software.Industrial automation products refer to a wide range of machines, systems, and equipment designed to automate and optimize industrial processes. These products are used in various industries, such as manufacturing, logistics, automotive, pharmaceuticals, food and beverage, and more.

The global industrial automation product market refers to the market for various automation products and solutions used in industries to streamline processes, increase efficiency, and improve productivity. Industrial automation involves the use of technologies such as robotics, control systems, sensors, and software to automate tasks and monitor and control industrial operations.

Key factors driving the growth of the global industrial automation product market include:

Increasing need for operational efficiency: Industries across various sectors, such as manufacturing, oil and gas, automotive, and pharmaceuticals, are adopting automation solutions to increase operational efficiency. Industrial automation products help minimize errors, reduce downtime, improve product quality, and optimize resource utilization, leading to cost savings and improved productivity.

Growing labor costs and shortage of skilled workforce: Rising labor costs and a shortage of skilled workers in certain industries have prompted companies to automate their processes. Automation products enable companies to reduce human involvement in repetitive and labor-intensive tasks, resulting in reduced labor costs and increased output.

Focus on workplace safety: Industrial automation products play a crucial role in ensuring workplace safety by reducing human exposure to hazardous environments and minimizing the risk of accidents. Robotic systems, for example, can handle dangerous tasks or work in extreme conditions, protecting human workers from harm.

Technological advancements in automation: Continuous advancements in technology, such as the Internet of Things (IoT), artificial intelligence (AI), and machine learning, have significantly enhanced the capabilities of industrial automation products. These technologies enable real-time monitoring, predictive maintenance, and intelligent decision-making, further improving operational efficiency and reducing downtime.

Government initiatives and regulations: Governments worldwide are promoting the adoption of automation technologies to enhance industrial competitiveness. Various initiatives and regulations aim to incentivize industries to invest in automation, which is expected to boost the demand for industrial automation products.

The global industrial automation product market is highly competitive, with several key players operating in the market. These include ABB Ltd, Siemens AG, Rockwell Automation, Inc., Schneider Electric SE, Honeywell International Inc., and Mitsubishi Electric Corporation, among others. These companies offer a wide range of automation products and solutions, including robotics, control systems, human-machine interfaces (HMIs), industrial sensors, and automation software.

In conclusion, the global industrial automation product market is driven by the increasing need for operational efficiency, growing labor costs, focus on workplace safety, technological advancements in automation, and government initiatives. The market is expected to witness significant growth as industries increasingly embrace automation to stay competitive and improve their performance.The global industrial automation product market refers to the market for various automation products and solutions used in industries to streamline processes, increase efficiency, and improve productivity. Industrial automation involves the use of technologies such as robotics, control systems, sensors, and software to automate tasks and monitor and control industrial operations.

Key factors driving the growth of the global industrial automation product market include:

Increasing need for operational efficiency: Industries across various sectors, such as manufacturing, oil and gas, automotive, and pharmaceuticals, are adopting automation solutions to increase operational efficiency. Industrial automation products help minimize errors, reduce downtime, improve product quality, and optimize resource utilization, leading to cost savings and improved productivity.

Growing labor costs and shortage of skilled workforce: Rising labor costs and a shortage of skilled workers in certain industries have prompted companies to automate their processes. Automation products enable companies to reduce human involvement in repetitive and labor-intensive tasks, resulting in reduced labor costs and increased output.

Focus on workplace safety: Industrial automation products play a crucial role in ensuring workplace safety by reducing human exposure to hazardous environments and minimizing the risk of accidents. Robotic systems, for example, can handle dangerous tasks or work in extreme conditions, protecting human workers from harm.

Technological advancements in automation: Continuous advancements in technology, such as the Internet of Things (IoT), artificial intelligence (AI), and machine learning, have significantly enhanced the capabilities of industrial automation products. These technologies enable real-time monitoring, predictive maintenance, and intelligent decision-making, further improving operational efficiency and reducing downtime.

Government initiatives and regulations: Governments worldwide are promoting the adoption of automation technologies to enhance industrial competitiveness. Various initiatives and regulations aim to incentivize industries to invest in automation, which is expected to boost the demand for industrial automation products.

The global industrial automation product market is highly competitive, with several key players operating in the market. These include ABB Ltd, Siemens AG, Rockwell Automation, Inc., Schneider Electric SE, Honeywell International Inc., and Mitsubishi Electric Corporation, among others. These companies offer a wide range of automation products and solutions, including robotics, control systems, human-machine interfaces (HMIs), industrial sensors, and automation software.

In conclusion, the global industrial automation product market is driven by the increasing need for operational efficiency, growing labor costs, focus on workplace safety, technological advancements in automation, and government initiatives. The market is expected to witness significant growth as industries increasingly embrace automation to stay competitive and improve their performance.

LP Information, Inc. (LPI) ' newest research report, the “Industrial Automation Product Industry Forecast” looks at past sales and reviews total world Industrial Automation Product sales in 2024, providing a comprehensive analysis by region and market sector of projected Industrial Automation Product sales for 2025 through 2031. With Industrial Automation Product sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Automation Product industry.

This Insight Report provides a comprehensive analysis of the global Industrial Automation Product landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Automation Product portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Industrial Automation Product market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Automation Product and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Automation Product.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Automation Product market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Sensors
Drives
Switches & Relays
Controllers
Industrial Robots
Others

Segmentation by Application:
Aerospace
Automotive
Chemicals
Energy & Utilities
Food & Beverage
Health Care
Mining & Metals
Oil & Gas
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ABB Ltd.
Emerson Electric Co.
General Electric Company
Honeywell International Inc.
Mitsubishi Electric Corporation
Omron Corporation
Rockwell Automation Inc.
Schneider Electric SE
Siemens AG
Yokogawa Electric Corporation
Kawasaki Heavy Industries, Ltd.
Kuka AG
Keyence Corporation
Fanuc Corporation
Bosch Rexroth
Fuji Electric Co.,Ltd.
Endress+Hauser AG
Hitachi Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Automation Product market?

What factors are driving Industrial Automation Product market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Industrial Automation Product market opportunities vary by end market size?

How does Industrial Automation Product break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.