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Structure of the Automation Components Market, Current Trends, and Key Player Analysis
Automation Components Market
Projected Growth and Market Size of the Automation Components Market by 2030
The automation components market is forecasted to experience rapid growth, reaching a value of $296.53 billion by 2030. This growth corresponds to a compound annual growth rate (CAGR) of 11.0% during the forecast period. Key factors driving this expansion include the integration of automation components with smart factory solutions, increased use of IoT-enabled parts, growth in robotics and 3D printing applications, demand for high-performance modular components, and a heightened focus on plant asset management and functional safety. Additionally, important market trends include the development of advanced linear motion components, precision bearings and gears, integration with PLC, SCADA, and DCS systems, customizable couplings and shaft solutions, as well as lifecycle management for automation components.
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Primary Companies Leading the Automation Components Industry
Several major corporations are at the forefront of the automation components market, including Siemens AG, General Electric Company, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., ABB Ltd, Eaton Corporation, Nidec Corporation, TE Connectivity Ltd., Parker Hannifin Corporation, Emerson Electric Co., Svenska Kullagerfabriken, Rockwell Automation Inc., Danfoss, Omron Corporation, Bosch Rexroth AG, FANUC Corporation, SMC Corporation, Keyence Corporation, Yaskawa Electric Corporation, Festo AG & Co. KG, KUKA AG, Yokogawa Electric Corporation, National Instruments Corporation, and Automotion Components Ltd.
Strategic Acquisitions Enhancing Market Positions
In July 2025, Comau, an Italian company specializing in industrial automation systems, acquired Automha, a manufacturer of machines, components, and complete systems for automatic warehouses. Although the acquisition amount was not disclosed, this move is intended to bolster Comau's footprint in the fast-growing logistics automation sector by combining complementary technologies. The partnership aims to deliver more integrated, scalable, and globally deployable automation solutions.
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Emerging Trends Shaping the Automation Components Market
Leading companies are focusing on developing innovative solutions tailored for the growing demand for scalable IoT applications. One notable innovation is sensor experience kits designed specifically for IoT engineering, which include a range of sensors, development boards, connectivity modules, and software tools to accelerate prototyping and development.
A prime example is the Sensor INKxperience Kit launched by Germany-based Henkel AG & Co. KGaA in February 2023. This kit features four printed electronics technologies pre-configured with necessary hardware and software, enabling engineers to experiment with printed sensor technologies suitable for IoT. It includes sensors for leak detection, non-contact liquid level sensing, positive temperature coefficient (PTC) heating, and both single and multi-zone force sensitive resistor (FSR) sensors, facilitating fast prototyping and testing.
Detailed Segmentation of the Automation Components Market
The automation components market is segmented into various categories to cover the broad scope of this industry:
By Component:
- Rollers
- Stages
- Linear Shafts
- Bushings
- Linear Guides
- Locating Pins
- Bearings
- Gears
- Couplings
- Other Components
By Solution:
- Supervisory Control and Data Acquisition (SCADA)
- Programmable Logic Controller (PLC)
- Distributed Control System (DCS)
- Plant Asset Management
- Functional Safety
- Product Lifecycle Management
- Manufacturing Execution System
By End-User Industry:
- Automotive
- Consumer Electronics
- Pharmaceuticals
- Food and Beverage
- Packaging
- 3D Printing
- Semiconductors
- Chemical
- Other End-User Industries
Subcategories include:
Rollers: Conveyor rollers, guide rollers, idler rollers, ball transfer rollers
Stages: Linear stages, rotary stages, XY stages, precision stages
Linear Shafts: Hardened, ground, and non-ground linear shafts
Bushings: Linear bushings, sleeve bushings, flanged bushings, bearings and bushings assemblies
Linear Guides: Roller linear guides, ball linear guides, cross roller guides
Locating Pins: Spring-loaded, manual, pneumatic locating pins
Bearings: Ball, roller, thrust, needle bearings
Gears: Spur, helical, bevel, worm, planetary gears
Couplings: Flexible, rigid, universal, shaft couplings
Other Components: Fasteners, clamps, mounting brackets, drive units, sensors, and other supporting automation components
These segments together provide a comprehensive framework to understand the diverse product offerings and applications within the automation components market.
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