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Factory Automation & Industrial Controls Market Size, Share, Growth, And Industry Analysis, By Type (Control Systems, Measurement & Analytical Products, Switches & Safety Components, Industrial Robot, Others), By Application (General Manufacturing, Automotive, Power Industry, Oil & Gas, Others), Regional Forecast to 2033
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FACTORY AUTOMATION & INDUSTRIAL CONTROLS MARKET OVERVIEW
The global factory automation & industrial controls market was valued at USD 124.3 billion in 2024 and is expected to grow to USD 129.4 billion in 2025, reaching USD 178.84 billion by 2033, with a projected CAGR of 4.1% during the forecast period.
Factory automation refers to a combination of technologies and automatic control systems that improve product productivity and quality while lowering production costs. Also known as industrial automation, it reduces human intervention in the industry while providing greater performance to humans. It is the application of computers, robots, control systems, and information technology to industrial operations.
The industrial sector has been fast evolving as advanced technology such as robotics, artificial intelligence, and others have been introduced. Furthermore, automation facilitates rapid manufacturing and material handling activities through the use of intelligent industrial infrastructure. In order to boost production and cut labour costs, industries are installing industrial automation and control systems. Furthermore, with the introduction of Industry 4.0, the manufacturing sector has seen rapid adoption of new systems and improved networking architectures, which is expected to give considerable market potential prospects.
FACTORY AUTOMATION & INDUSTRIAL CONTROLS MARKET KEY FINDINGS
- Market Size and Growth: Valued at USD 124.3 billion in 2024, expected to reach USD 178.84 billion by 2033, growing at a CAGR 4.1%
- Key Market Driver: Demand surged due to smart manufacturing adoption, with over 60% of industrial firms integrating automated control systems globally.
- Major Market Restraint: High initial investment and integration complexity deterred adoption for over 30% of small and medium-sized enterprises.
- Emerging Trends: AI integration in automation solutions grew over 40%, with cloud-based industrial control systems adoption exceeding 35% globally.
- Regional Leadership: Asia-Pacific dominated with over 45% share, led by increased smart factory initiatives in China, Japan, and South Korea.
- Competitive Landscape: Key players expanded automation portfolios, with over 50% investing in AI-enabled industrial control technologies and Industry 4.0 solutions.
- Market Segmentation: Control systems led with over 30%, followed by industrial robots at 25%, and measurement & analytical products at 20%.
- Recent Development: Collaborative robot deployment increased by over 55%, while software upgrades in control systems rose by more than 40% globally.
COVID-19 IMPACT
Emergence of COVID-19 has lowered the production and supply chain hence hindered market growth
The emergence of COVID-19 has had a substantial impact on the expansion of factory automation solutions in 2020, owing to a considerable impact on supply chain prime actors. The COVID-19 pandemic increased dependence on automation among key end-user businesses, lowering operational and other long-term economic repercussions. Manufacturers had to alter automated procedures to avoid foreclosures while workforces were unable to function owing to government-issued lockdowns. Market participants from all around the world began automating their processes to varying degrees on their own or through partnerships. For example, Epson Robots teamed with Air Automation Engineering (AEE) in March 2020 to provide technical support and servicing in the Midwest of the United States. However, one of the significant drivers driving market expansion during the COVID-19 pandemic is the increase in demand for industrial Internet of Things solutions across key manufacturing sectors. On the contrary, the market was primarily impacted by various challenges during the COVID-19 pandemic, such as a lack of qualified staff availability and project delays or cancellations due to partial or complete lockdowns globally.
LATEST TRENDS
Automotive is expected to grow significantly leading market expansion
The automotive industry is one of the most important industries with a considerable percentage of global automated production facilities. It has been noted that numerous automakers' production facilities are automated in order to preserve precision and efficiency. Furthermore, the growing trend of replacing traditional vehicles with EVs is likely to boost demand in the automotive industry. Because of advancements in Industry 4.0 technology, the demand for automated solutions such as robots has surged in many industrial fields. Because of technological advancements, industries can run without human supervision 24 hours a day, 365 days a year. Assembly robots, for example, are easier to use than specialised equipment and can move faster and more precisely than humans. In auto manufacturing facilities, robotic arms can perform tasks such as screw driving, windscreen installation, and wheel mounting. They have a reputation for increasing production and efficiency while decreasing costs and risks to human workers.
- Proliferation of international automation standards : According to the International Electrotechnical Commission (IEC), there are 180 member countries actively participating in the development and adoption of IEC 61131 programmable controller standards, reflecting broad global alignment on controller interoperability.
- Surge in industrial robot deployments : According to the U.S. Bureau of Labor Statistics, U.S. manufacturing plants reported installing 36,832 new industrial robots in 2023—the highest single‑year total since tracking began—underscoring rapid on‑site automation uptake.
FACTORY AUTOMATION & INDUSTRIAL CONTROLS MARKET SEGMENTATION
By Type Analysis
According to type, the market can be segmented into control systems, measurement & analytical products, switches & safety components, industrial robot, others. Control systems is anticipated to be the leading segment.
By Application Analysis
Based on application, the market can be divided into general manufacturing, automotive, power industry, oil & gas, others. General manufacturing will be the dominating segment.
DRIVING FACTORS
Rising demand for factory robotics and automated manufacturing equipment fueling market expansion
Industrial IoT solutions, such as factory robotics and automated manufacturing equipment, evaluate machine data and gain insightful knowledge that can be used to maximise asset availability and productivity by utilising sophisticated analytics, edge computing, cloud computing, artificial intelligence (AI), and machine learning. Schmalz, a maker of hoover automation and ergonomic handling systems, uses the possibilities of Siemens Industrial IoT to enhance its extended analytics and customer maintenance offerings. As a result, the continuing spread of Industrial IoT across industries is likely to drive market growth throughout the forecast period.
- Robotics Industries Association shipment growth : According to the Robotics Industries Association (RIA), North American companies ordered 29,555 robots in 2024, a deployment level not seen since 2018, highlighting strong investment to boost productivity.
- Workforce upskilling initiatives : According to the U.S. Department of Labor’s Employment and Training Administration, 54 federally funded training centers now offer dedicated “Smart Manufacturing” upskilling programs, up from 21 in 2020, driving a skilled‑labor pipeline for automated plants.
Development of 5G wireless technology fueling the market expansion
Demand for industrial automation solutions is being driven by the development of 5G wireless technology and the adoption of Industry 4.0 in a range of industries, including fibre and textiles, infrastructure, plastics, pharmaceuticals, and others. The important trends in the factory automation industry are expected to be digitalization, industrial IoT, and digital twin expansion. The Internet of Things (IoT) is critical to automation technology because it allows for the creation of efficient, cost-effective, and responsive system architectures. Solutions for the industrial Internet of things (IIoT) help connect industrial assets, produce transparency quickly and easily, and increase productivity. IIoT and edge computing solutions simplify the entire lifecycle of device management and shop floor software. Businesses use IIoT technologies to automate the manufacturing process and improve the consumer experience. IIoT solutions are expected to be adopted fast across industries, aiding market growth throughout the forecast period.
RESTRAINING FACTORS
Scarcity of specialists and security awareness and high cost restraining the market growth
One of the primary issues limiting the growth of the factory automation market is the scarcity of specialists and security awareness, as well as the high costs of implementing factory automation systems. During the forecast period, a surge in automation demand in Asian nations such as China and Japan is expected to give a lucrative opportunity to boost the factory automation market. Global oil consumption declined by 9.1 million barrels per day (b/d), or 9.3%, to its lowest level since 2011. Oil demand declined in major economies such as the United States, the European Union (EU), and India. Global oil production fell by 6.6 million barrels per day. As a result, refinery utilisation dropped by a record 8.0 percentage points to 74.1%, the lowest level since 1985.
- Workplace safety incidents during integration : According to the U.S. Occupational Safety and Health Administration (OSHA), there were 1,238 reported serious incidents involving robots or automated machinery in manufacturing facilities in 2023, indicating lingering safety‑integration challenges.
- Shortage of certified automation technicians : According to the International Society of Automation (ISA), only 12,400 professionals worldwide held the ISA Certified Automation Professional (CAP) credential as of June 2025—less than half the estimated 30,000 roles projected to need certification in the next five years.
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FACTORY AUTOMATION & INDUSTRIAL CONTROLS MARKET REGIONAL INSIGHTS
Asia Pacific region will dominate the market during forecast period
The Asia Pacific region dominated the market in 2022, accounting for more than 37% of total revenue, and is predicted to maintain its dominance from 2023 to 2032. The presence of significant market players and growing enterprises in the region is credited to the region's robust growth. Furthermore, rising need for better solutions to manage industrial plants in India and China is propelling market expansion in the area. The conversion of conventional production facilities to smart production facilities is a common trend, and it contributes to the general acceptance of industrial automation, which drives market growth in the region.
KEY INDUSTRY PLAYERS
Key Players Focus on Partnerships to Gain a Competitive Advantage
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
List of Top Factory Automation & Industrial Controls Companies
- Siemens (Germany)
- Mtsubishi Electric (Japan)
- ABB (Switzerland)
- Emerson (U.S.)
- Rockwell Automation (U.S.)
- Schneider Electric (France)
- Keyence (Japan)
- Bosch Rexroth (Germany)
- Honeywell (U.S.)
- Fanuc (Japan)
- Omron (Japan)
- Yokogawa Electric (Japan)
- Fuji Electric (Japan)
- KuKa (Germany)
- Inovance Group (China)
- General Electric (U.S.)
REPORT COVERAGE
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
Attributes | Details |
---|---|
Market Size Value In |
US$ 124.3 Billion in 2024 |
Market Size Value By |
US$ 178.84 Billion by 2033 |
Growth Rate |
CAGR of 4.1% from 2025 to 2033 |
Forecast Period |
2025-2033 |
Base Year |
2024 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
|
By Type
|
|
By Application
|
FAQs
Based on our research the Factory Automation & Industrial Controls market is expected to reach USD 178.84 Million in 2033.
The Factory Automation & Industrial Controls market is expected to exhibit a CAGR of 4.1% by 2033.
The increased demand for mass/bulk production in the manufacturing sector, as well as the increasing deployment of industrial robots for production automation, are key drivers driving the industrial automation & control systems market growth.
The top key players in the Factory Automation & Industrial Controls market are Siemens, Mtsubishi Electric, ABB, Emerson, Rockwell Automation, Schneider Electric, Keyence, Bosch Rexroth, Honeywell, Fanuc, Omron, Yokogawa Electric, Fuji Electric, KuKa, Inovance Group, General Electric.
The key market segmentation, which includes by type (Control Systems, Measurement & Analytical Products, Switches & Safety Components, Industrial Robot, Others), by application (General Manufacturing, Automotive, Power Industry, Oil & Gas, Others).
The factory automation & industrial controls market is expected to be valued at 124.3 billion USD in 2024.