Factory Automation Market Size, Share, By Component (Software, Hardware, and Services), Type (Fixed Automation, Programmable Automation, Integrated Automation, Others), Application (Quality Control, Maintenance, Packaging, and Others), End-User - Consumer

Factory Automation Market Size, Share, By Component (Software, Hardware, and Services), Type (Fixed Automation, Programmable Automation, Integrated Automation, Others), Application (Quality Control, Maintenance, Packaging, and Others), End-User - Consumer Goods Manufacturing, Packaging Industry, and Others), and Region - Trends, Analysis, and Forecast till 2035

Factory automation is the implementation of technology and systems to automate a manufacturing process with the ultimate goal of increasing productivity and reducing costs. The ongoing technological advancements, surge in demand for control and safety systems, the development of 5G wireless technology, the adoption of industry 4.0 drive, and others are factors contributing to the factory automation market growth.

Factory Automation Market Report Highlights:

• By 2035, the market is predicted to grow by USD 446.8 Million.
• The factory automation market size was worth USD 224.5 Million in 2024.
• Target market is expanding at a CAGR of 7.8%.
• The hardware component segment holds the largest factory automation market share.
• On the basis of type, the fixed automation segment is expected to dominate the market during the forecast period.
• The packaging application segment holds the dominant share of the market.
• By end-user, the market is led by the food & beverages industry segment.
• North America held the largest market share in 2024.
• Asia Pacific is witnessing the fastest growth in factory automation.

Key Benefits of Purchasing This Report

Gain valuable insights into revenue projections for the overall market and its sub-segments, benefiting industry leaders and new entrants.

Enhance your understanding of the competitive landscape to refine business positioning and optimize go-to-market strategies.

Stay informed on the latest trends in the Factory Automation Market, including key drivers, challenges, opportunities, and barriers.

Factory Automation Market Key Highlights:

In November 2022, Mitsubishi Electric Corporation announced “Automating the World” as the global slogan for its Factory Automation Systems business. The new slogan expresses Mitsubishi Electric’s goal to leverage automation for the betterment of global society by combining advanced technology, experience and know-how, and customer support as a trusted partner.

In November 2021, OMRON Corporation announced that it has signed an agreement with Techman Robot, Inc., a leading global collaborative robot brand. These companies would jointly develop innovative robot solutions to combine OMRON factory automation equipment with Techman's collaborative robots to drive safety and productivity while offering a solution to address the issue of labor shortages at manufacturing sites.

Segmentation:

By Component:

• Software
• Distributed Control System
• Human Machine Interface
• Others
• Hardwar
• Robotic arms
• Sensors
• Others
• Services
• Consulting
• System Integration
• Others

By Type:

• Fixed Automation
• Programmable Automation
• Integrated Automation
• Others

By Application:

• Quality Control
• Maintenance
• Packaging
• Others

By End User:

• Consumer Goods Manufacturing
• Packaging Industry
• Food & Beverages Industry
• Others

By Region:

• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• France
• Russia
• Italy
• Spain
• Netherlands
• Switzerland
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Australia
• Indonesia
• Malaysia
• South Korea
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Argentina
• Rest of Latin America
• Middle East & Africa
• GCC
• Israel
• South Africa
• Rest of Middle East & Africa

Factory Automation Market Competitive Landscape

• Emerson Electric Co.
• ABB
• Mitsubishi Electric Corporation
• ROCKWELL AUTOMATION
• OMRON Corporation
• Honeywell International Inc.
• Schneider Electric
• SIEMENS
• Yokogawa India Ltd.
• Advanced Integration Technology, LP
• FANUC
• Festo
• KUKA AG
• ADDVERB TECHNOLOGIES LIMITED

Key Questions Answered in This Report

1. What was the size of the Factory Automation Market in 2024?

2. What is the expected growth rate of the Factory Automation Market during 2025-2035?

3. What are the key factors driving the Factory Automation Market?

4. What is the breakup of the Factory Automation Market based on the distribution channel?

5. What are the key regions in the Factory Automation Market?

6. Who are the key players/companies in the Factory Automation Market?

7. What are the drivers, restraints, and opportunities in the Factory Automation Market?