Press release
Industrial Automation Market to Reach $570.4 Billion by 2035 | Size, Trends & Forecast (2025-2035)
The industrial automation market was valued at $200 billion in 2024 and is projected to grow to $570.4 billion by 2035, starting from an estimated $214.5 billion in 2025. This growth, at a CAGR of 10.3% during the forecast period, reflects the rising demand for smart, efficient, and cost-effective manufacturing solutions worldwide.
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What's Fueling the Growth?
The widespread adoption of Industry 4.0 technologies-like AI, IoT, robotics, and machine learning-is transforming the way industries operate. As manufacturers face labor shortages and rising wages, automation offers a path to maintaining productivity and minimizing downtime. Government initiatives across countries are also playing a major role, offering tax breaks, grants, and other incentives to encourage smart factory upgrades.
In sectors such as automotive, oil & gas, and pharmaceuticals, there's growing interest in energy-efficient systems and predictive maintenance. These innovations not only reduce operational costs but also improve safety and performance. However, challenges remain: high initial investment costs, cybersecurity threats, and the need for skilled labor to manage complex systems.
Key Trends to Watch
Some of the most promising trends in the market include the rise of collaborative robots (cobots), AI-driven predictive maintenance, and 5G-powered smart factories. Digital twins are also becoming a staple for simulating and optimizing production lines. Meanwhile, hyperautomation-combining AI, IoT, and robotic process automation-is redefining end-to-end manufacturing.
Opportunities in Emerging Markets
Asia-Pacific and Latin America are rapidly becoming hotspots for industrial automation, driven by strong government support and fast-paced industrialization. Countries like China, India, Vietnam, Brazil, and Mexico are investing heavily in AI, robotics, and IoT to boost global competitiveness. As these economies continue to modernize, they offer lucrative opportunities for automation providers.
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Segment Insights
By Offering
In 2025, the solutions segment is expected to lead the market. These solutions include plant instrumentation, enterprise-level controls like ERP and PLM, and plant-level controls like SCADA and PLCs. Companies are increasingly adopting these tools to streamline operations, cut costs, and make better use of data.
By Mode of Automation
Semi-automatic systems are expected to dominate in 2025, largely because they're more affordable and offer a balance between manual control and automation. However, fully automatic systems are projected to grow faster over time as technology advances and costs decrease.
By End-use Industry
The oil & gas sector is set to hold the largest market share in 2025. Automation in this industry helps improve safety, optimize operations, and cut maintenance costs. Meanwhile, the automotive sector is expected to be the fastest-growing, driven by the shift toward electric vehicles, autonomous driving, and precision manufacturing.
Regional Outlook
Asia-Pacific is poised to be the largest and fastest-growing market for industrial automation. Government initiatives like "Made in China 2025" and India's Production-Linked Incentive Scheme are creating a supportive environment for smart manufacturing. North America also remains strong, thanks to its advanced infrastructure and high R&D investments, particularly in industries like aerospace and pharmaceuticals.
Top Players in the Market
Key companies leading the charge include:
ABB Ltd (Switzerland), Rockwell Automation Inc. (U.S.), Siemens AG (Germany), Mitsubishi Electric Corporation (Japan), Honeywell International Inc. (U.S.), Schneider Electric SE (France), Yaskawa Electric Corporation (Japan), FANUC Corporation (Japan), OMRON Corporation (Japan), Emerson Electric Co. (U.S.), KUKA AG (Germany), Advantech Co., Ltd. (Taiwan), Hitachi Ltd. (Japan), and General Electric Company (U.S.).
Recent Developments
• In May 2025, Siemens launched the Simatic AX AI Controller, an edge AI device designed for real-time machine learning in manufacturing.
• In February 2025, Mitsubishi Electric partnered with NVIDIA to build next-gen AI-driven robotics using the Omniverse platform.
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Key questions answered in the report:
How big is the industrial automation market?
What is the industrial automation market growth?
What is the industrial automation market forecast?
Who are the leading players in the industrial automation market?
What are the Industrial automation market trends?
Which segments will hold large market shares in the industrial automation market during 2025-2035?
What are the regional trends in the industrial automation market?
What are the major drivers of the industrial automation market?
Related Reports:
South East Asia Industrial Automation Market: https://www.meticulousresearch.com/product/south-east-asia-industrial-automation-market-5585
Europe Industrial Automation Market: https://www.meticulousresearch.com/product/europe-industrial-automation-market-5639
Asia-Pacific Industrial Automation Market: https://www.meticulousresearch.com/product/asia-pacific-industrial-automation-market-5647
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