Industrial Automation Market Revenue, Developments, Size, Share and Forecast 2029

Industrial Automation Market was valued at USD 133.10 Billion in 2021, and it is expected to reach USD 217.2 Billion by 2029, exhibiting a CAGR of  8.5% during the forecast period (2022-2029)

Industrial Automation Market Overview

The market overview focuses on analyzing the dynamics of the Industrial Automation industry, including its key players and market rivalry. The report provides revenue forecasts for the industry at the global, regional, and segment levels, with a particular emphasis on sales forecasting by segment and region. This comprehensive analysis allows for a detailed understanding of the market's current state and future trends, providing valuable insights for industry stakeholders.

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Industrial Automation Market Report Scope and Research Methodology

The report on Industrial Automation Market provides an in-depth analysis of the industry. Key highlights of the report include the market size and the growth rate. Insights of the report covers the drivers, restraints, challenges & opportunities for Industrial Automation market growth. A detailed PESTEL analysis is also included in the report. The report covers a thorough regional analysis of the Industrial Automation industry at local, regional and global level. Segment wise marker share estimation & Industry potential is also covered.

The Industrial Automation Market was analysed by region, revenue, financial status, portfolio, technological advancement adopted, and mergers and acquisitions. The new entrants & existing players in Industrial Automation market were researched for growth prospects and future business outlooks. The analysis acts as a guide for stakeholders, investors, market players and followers and new entrants with an overall view of the Industrial Automation market for formulating investment approaches and marketing tactics. Bottom-up approach was used to estimate the Industrial Automation market size.

Industrial Automation Market Regional Insights

The report provides a comprehensive examination of the factors driving growth, constraints, future prospects, and competitive landscape across all regions. The market is segmented by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Additionally, the report identifies the top countries in each region and provides market forecasts for each one..

Industrial Automation Market Segmentation

The industrial sensors segment is anticipated to hold the highest share of the market for industrial automation components in the Middle East and Africa throughout the course of the forecast period. The growth of the industrial sensors market is being driven by the rising adoption of Industry 4.0 and IIoT, as well as the expansion of the wireless sensor market. Industrial sensors are frequently used in the manufacturing sector, especially to strengthen connections between various tasks.
The only end-users by industry, primarily in the Asian market, with a sustained or rising demand for collaborations in 2021 are the semiconductor sectors. Nearly 62% of robotics revenues in 2021 came from the automotive and electronics industries, but the automotive market is still struggling, and demand for robotic solutions won't rise above 2019 levels until 2022. Electronics

Industrial Automation Market Key Players

• FANUC (Japan)
• Yaskawa Electric Corporation (Japan)
• Toshiba Corporation (Japan)
• Yokogawa Electric Corporation (Japan)
• Fuji Electric Co., Ltd. (Japan)
• Hitachi, Ltd. (Japan)
• Omron Corporation (Japan)
• Mitsubishi Electric Corporation (Japan)
• Keyence Corporation (Japan)
• Accurate Industrial Controls Pvt. Ltd. (India)
• Honeywell International Inc (US)
• Emerson Electric Co. (US)
• General Electric Company (US)
• Rockwell Automation, Inc (US)
• Danaher Corporation (US)
• NATIONAL INSTRUMENTS CORP (US)
• Roper Technologies, Inc (US)
• Voith GmbH (Germany)
• Siemens AG (Germany)
• Kuka AG (Germany)
• Bosch Rexroth Corporation (Germany)
• Phoenix Contact (Germany)
• MARCO Limited (UK)
• Schneider Electric SE (France)
• Endress+Hauser (Switzerland)
• ABB Ltd. (Switzerland)
• Danfoss A/S (Denmark)
• Tegan Innovations (Ireland)

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Key questions answered in the Industrial Automation Market are:

• What is Industrial Automation ?
• What are the factors driving the Industrial Automation Market growth?
• What are the factors are limiting the Industrial Automation Market growth?
• What was the Industrial Automation market size in 2021?
• Which trends are expected to generate additional revenue for the Industrial Automation market growth?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Industrial Automation Market?
• What growth strategies are the players considering to increase their foothold in the Industrial Automation Market?
• Who held the largest market share in the Industrial Automation Market?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022−2029
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
• Competitive landscape – Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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