Industrial Automation Market Size, Share, Trends and Growth

Maternity Mei
2 min readMay 28, 2024

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The advent of innovative technologies is expected to fuel a massive increase in demand as the global market turns online. In its latest report, “Industrial Automation Market” Fortune Business Insights disclosed that the market’s valuation in USD 395.09 billion by 2029.

The market is expected to rise at a noteworthy CAGR of 9.8%, according to the report, and attain USD 191.89 billion in 2021. It offers a thorough synopsis of the market, providing valuable insights. Strategists predict that top companies emphasize the implementation of Industry, bolstering the global Industrial Automation Market growth.

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Especially, the inclusion of the market stands out as a key driving force anticipated to augment market expansion over the projected period from 2024 to 2032. Moreover, the surging preference for Industrial Automation Market is set to boost additional momentum in market expansion.

Nevertheless, the high prices related to cutting-edge technological enhancement can impede market growth.

Discover the Leading Players Featured in the Report:

we have considered tools and services provided by key players in the market, including ABB Ltd. (Switzerland), Emerson Electric Co. (U.S.), General Electric Company (U.S.), Honeywell International Inc. (U.S.), Mitsubishi Electric Corporation (Japan), Omron Corporation (Japan), Rockwell Automation Inc. (U.S.), Schneider Electric SE (France), Siemens AG (Germany), Yokogawa Electric Corporation (Japan)

Here’s a sneak peek at the market’s key table of contents:

  • Introduction
  • Executive Summary
  • Market Dynamics
  • Key Insights
  • Global Industrial Automation Market Analysis, Insights, and Forecast (2024–2032)
  • North America Industrial Automation Market Analysis, Insights, and Forecast (2024–2032)
  • Europe Industrial Automation Market Analysis, Insights, and Forecast (2024–2032)
  • Asia Pacific Industrial Automation Market Analysis, Insights, and Forecast (2024–2032)
  • Middle East and Africa Industrial Automation Market Analysis, Insights, and Forecast (2024–2032)
  • Latin America Analysis, Insights, and Forecast (2024–2032)
  • Competitive Landscape
  • Company Profile
  • Conclusion

TOC Continued…

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