Comprehensive 2025 Machinery And Industrial Automation Market Overview: Trends, Forecasts, and Growth Drivers

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What Is the Expected CAGR for the Machinery And Industrial Automation Market Through 2025?
The market size for machinery and industrial automation has seen significant growth in the past few years. It is projected to rise from $206.3 billion in 2024 to $225.68 billion in 2025, equating to a compound annual growth rate (CAGR) of 9.4%. This remarkable growth during the historical phase can be credited to several factors including the effects of globalization, the integration of industry 4.0, environmental sustainability and upgraded safety standards.

What's the Projected Size of the Global Machinery And Industrial Automation Market by 2029?
The market size for machinery and industrial automation is predicted to experience robust growth over the coming years, expected to reach $304.52 billion in 2029 with a compound annual growth rate (CAGR) of 7.8%. This anticipated growth during the forecast period can be ascribed to factors such as the increasing uptake of IoT and AI, a focus on energy efficiency, digital transformation, trends in smart manufacturing, resilient supply chains and the demand for remote monitoring solutions. Significant trends during this forecast period will include the adoption of advanced augmented-reality technologies, increasing demand for safety automation products, market growth in industrial PCs, and an emphasis on energy-efficient solutions.

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Top Growth Drivers in the Machinery And Industrial Automation Industry: What's Accelerating the Market?
The machinery and industrial automation market is anticipated to expand as the Internet of Things (IoT) is increasingly integrated into different systems. IoT involves a network of connected devices and objects that are outfitted with sensors, software, and other tech solutions. This technology enhances machinery and industrial automation by improving connectivity, providing data-driven insight across sectors, and optimizing efficiency. It further allows for real-time monitoring and control through seamless data exchange. As per the State of IoT-Spring 2023 report by IoT Analytics, a Germany-based firm, there was an 18% spike in global IoT connections in 2022, hitting 14.3 billion active endpoints. They have projected a further 16% increase in 2023, leading to an estimated 16.7 billion active IoT devices globally. Such increased adoption of IoT is fuelling the growth of the machinery and industrial automation market.

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What Trends Will Shape the Machinery And Industrial Automation Market Through 2029 and Beyond?
Leading businesses in the machinery and industrial automation sector are heightening their concentration on the development of goods like industrial automation products in order to boost their profitability. This category includes an array of technologies and apparatus engineered to automate and enhance industrial procedures. Renishaw Inc., a machine industry company headquartered in the UK, exemplified this trend in May 2023 when it introduced a fresh set of offerings for industrial automation. The product line is made up of the RCS L-90, RCS T-90, and RCS P-series, all backed up by a specialized software collection. The novel RCS line is aimed at tackling core issues in the international industrial automation sector, with an emphasis on the manual configuration, calibration, and upkeep of robots. The RCS L-90 is a ball-bar apparatus that augments the precision of the robotic system, diminishes the time taken to deploy, and checks on the health of the robot. The RCS T-90 is a tri-ball bar system that enables users to discern the underlying reasons for subpar performance and document key robot information.

What Are the Main Segments in the Machinery And Industrial Automation Market?
The machinery and industrial automation market covered in this report is segmented -

1) By Product Types: Sensors And Actuators, Industrial Robots, Control Systems
2) By Automation Technologies: Programmable Logic Controller Systems, Supervisory Control And Data Acquisition, Distributed Control System, Robotics
3) By End-User Applications: Material Handling And Packaging, Assembly And Disassembly, Process Automation, Quality Control
4) By Industry Verticals: Manufacturing, Energy And Utilities, Chemicals And Pharmaceuticals, Food And Beverage

Subsegments:
1) By Sensors And Actuators: Proximity Sensors, Temperature Sensors, Pressure Sensors, Optical Sensors, Force Or Torque Sensors, Rotary Actuators, Linear Actuators, Pneumatic Actuators, Hydraulic Actuators
2) By Industrial Robots: Articulated Robots, SCARA Robots (Selective Compliance Assembly Robot Arm), Cartesian Robots (XYZ Robots), Delta Robots, Collaborative Robots (Cobots), Parallel Robots
3) By Control Systems: Programmable Logic Controllers (PLCs), Distributed Control Systems (DCS), Supervisory Control And Data Acquisition (SCADA), Human Machine Interfaces (HMIs), Motor Drives And Controllers, Safety Instrumented Systems (SIS), Machine Vision Systems

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Which Top Companies are Driving Growth in the Machinery And Industrial Automation Market?
Major companies operating in the machinery and industrial automation market are Robert Bosch GmbH, Hitachi Ltd., Siemens AG, General Electric Company, Schneider Electric SE, Mitsubishi Electric Corporation, Honeywell International Inc., ABB Ltd., Larsen & Toubro Limited, Eaton Corporation plc, PARKER HANNIFIN CORP, Danfoss A/S, Emerson Electric Co., Rockwell Automation Inc., FANUC Corporation, Omron Corporation, YASKAWA ELECTRIC CORPORATION., Kuka AG, Yokogawa Electric Corporation, Azbil Corporation, Stratasys, Sensirion AG, Dwyer Instruments Ltd., Endress+Hauser Group Services AG, WIKA Instruments India Pvt. Ltd

Which Regions Will Dominate the Machinery And Industrial Automation Market Through 2029?
Europe was the largest region in the machinery and industrial automation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the machinery and industrial automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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