Impact Of Artificial Intelligence On The Growth Of The Factory Automation Market: Key Factor Driving The Growth In The Factory Automation Market

The Factory Automation Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Expected Factory Automation Market Size During the Forecast Period?
The factory automation market has grown strongly in recent years. It will expand from $288.77 billion in 2024 to $312.09 billion in 2025, with a compound annual growth rate (CAGR) of 8.1%. This growth is attributed to the demand for control and safety systems, the development of 5G wireless technology, and the adoption of Industry 4.0.

The factory automation market is expected to experience rapid growth, reaching $497.22 billion by 2029 at a CAGR of 12.3%. This growth is attributed to the increasing demand for efficiency in short production cycles, a growing manufacturing sector, the rise of autonomous plants, the adoption of remote operations, and the need for mass production with lower costs. Major trends include advancements in technology, the use of collaborative robotics, augmented and virtual reality, and the automation of supply chains.

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What Are the High-Growth Segments in the Factory Automation Market?
The factory automation market covered in this report is segmented -

1) By Component: Sensors, Controllers, Switches And Relays, Industrial Robots, Drives, Other Components
2) By Factory Automation Technology: Supervisory Control And Data Acquisition (SCADA), Programmable Automation Controller (PAC), Programmable Logic Controller (PLC), Distributed Control System (DCS), Human Machine Interface (HMI)
3) By End-User: Manufacturing, Automotive, Packaging And Processing, Energy And Power, Semiconductor And Electronics, Printing And Converting, Other End-Users

Subsegments:
1) By Sensors: Proximity Sensors, Vision Sensors, Temperature Sensors, Pressure Sensors, Level Sensors, Flow Sensors, Position Sensors
2) By Controllers: Programmable Logic Controllers (PLCs), Distributed Control Systems (DCS), Human-Machine Interface (HMI), Motion Controllers, Embedded Controllers
3) By Switches And Relays: Limit Switches, Push Button Switches, Safety Switches, Electromechanical Relays, Solid-State Relays
4) By Industrial Robots: Articulated Robots, SCARA Robots, Cartesian Robots, Collaborative Robots (Cobots), Delta Robots
5) By Drives: AC Drives, DC Drives, Servo Drives, Variable Frequency Drives (VFDs), Stepper Drives
6) By Other Components: Cables And Connectors, Power Supply Units (PSUs), Circuit Breakers, Human-Machine Interface (HMI) Devices, Actuators

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What Key Drivers Are Expected to Influence Future Factory Automation Market Growth?
The increasing integration of artificial intelligence is expected to propel the factory automation market. Artificial intelligence (AI) simulates human cognitive functions such as learning and decision-making. The rise in AI adoption is fueled by better computing power, increased data availability, and the need for operational efficiency. AI enhances factory automation by improving productivity, safety, and responsiveness. For instance, in January 2022, the UK Department for Digital, Culture, Media, and Sport reported that the AI adoption rate among UK companies rose from 15.1% in 2020 to 22.7% in 2025, with projections of reaching 34.8% by 2040. Therefore, growing AI integration is accelerating the factory automation market.

Which Companies Hold the Largest Share Across Different Factory Automation Market Segments?
Major companies operating in the factory automation market are Siemens AG, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., ABB Ltd., Toshiba Corporation, Eaton Corporation, Parker Hannifin Corporation, Emerson Electric Co., Danfoss, Rockwell Automation Inc., Bosch Rexroth AG, Omron Corporation, Keyence Corporation, Fanuc Corporation, SMC Corporation, Yaskawa Electric Corporation, Festo, KUKA Robotics, Phoenix Contact, Endress+Hauser Group, Beckhoff Automation, Yokogawa Electric Corporation, Advantech Co. Ltd., WAGO GmbH & Co. KG, Pepperl+Fuchs GmbH, Pilz GmbH & Co. KG, HIMA Paul Hildebrandt GmbH

What Are the Latest Developing Trends in the Factory Automation Market?
Leading enterprises in the factory automation market are continuously innovating new products such as ballbar devices to maintain their market relevance. Ballbar devices, also referred to as ballbar systems or ballbar testers, function as precise measurement tools employed in areas such as metrology and precision engineering. In the realm of factory automation, these gadgets are utilized to certify the precision and quality of manufactured parts by identifying any mistakes or variations in the machinery's movement and placement. As an instance, in May 2023, Renishaw plc., an engineering company based out of the UK, launched an RCS product range comprising of three products: RCS L-90, RCS T-90, and RCS P-series. All these products are complemented by a bespoke software suite. The RCS L-90, a ballbar device, utilizes straightforward processes overseen by its dedicated software to monitor robot condition, hasten deployment times, and enhance robotic system precision. The tri-ballbar system, RCS T-90 assists robot operators to identify the root causes behind substandard performance. It further conducts in-depth tests to collect crucial robotic data, which includes mapping 3D path performance, conducting master recovery procedures, and recomputing joint offsets to predetermined positions. The RCS P-series implements in-process metrology and automatic recovery to the automation procedure by amalgamating a permanent Renishaw probing solution within a robot cell.

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What Are the Emerging Geographies for The Factory Automation Market Growth?
North America was the largest region in the factory automation market in 2024. The regions covered in the factory automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Factory Automation Market?
2. What is the CAGR expected in the Factory Automation Market?
3. What Are the Key Innovations Transforming the Factory Automation Industry?
4. Which Region Is Leading the Factory Automation Market?

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