Product Code: GVR-4-68040-465-2
Manufacturing Automation Market Trends:
The global manufacturing automation market size was estimated at USD 12.28 billion in 2023 and is expected to grow at a CAGR of 9.7% from 2024 to 2030. The growing adoption of Industry 4.0, the commercialization of next-generation networks (NGNs), and the growing emphasis on optimum resource utilization and improved efficiency drive higher adoption rates of industrial automation services. In addition, rapid technological advancements and the adoption of new systems and networking architectures are expected to further fuel the market growth in the coming years.
The growing demand for operational efficiency and productivity improvement drives market growth. Automation technologies, such as robotics, artificial intelligence (AI), and machine learning (ML), help manufacturers streamline processes, reduce manual intervention, and minimize human errors. By optimizing production lines, these solutions contribute to faster production cycles, cost savings, and consistent quality. This trend is expected to enhance the market expansion in the coming years.
In addition, manufacturers worldwide face rising labor costs and a shortage of skilled workers, driving them to invest in automation technologies. The integration of advanced technologies into manufacturing processes, characterized by the increasing demand for interconnected systems that facilitate real-time data analysis and decision-making, which is essential for optimizing production processes, is driving the market expansion.
Furthermore, the increasing adoption of sustainable manufacturing practices is accelerating market growth. Companies are adopting automation to reduce energy consumption, minimize waste, and optimize resource use, aligning with global efforts toward greener production. Automation technologies help monitor energy usage and improve resource efficiency, thus supporting the shift toward more eco-friendly manufacturing processes and driving growth in markets with strict regulatory requirements.
Moreover, rising labor costs and workforce shortages are expected to drive market growth in the coming years. This ongoing trend is compelling companies to invest in automation technologies. In addition, the rising consumer demand for customized products necessitates flexible manufacturing systems that can quickly adapt to changing market demands, thereby fueling market expansion.
Global Manufacturing Automation Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global manufacturing automation market report based on component, technology, deployment, end use, industry vertical, application, solution, enterprise size, and region:
- Component Outlook (Revenue, USD Million, 2018 - 2030)
- Hardware
- Software
- Services
- Professional Services
- Managed Services
- Technology Outlook (Revenue, USD Million, 2018 - 2030)
- PLC
- Robotics
- Deployment Outlook (Revenue, USD Million, 2018 - 2030)
- On-premises
- Cloud-based
- End-use Outlook (Revenue, USD Million, 2018 - 2030)
- Discrete Manufacturing
- Process Manufacturing
- Industry Vertical Outlook (Revenue, USD Million, 2018 - 2030)
- Automotive
- Consumer Electronics
- Healthcare
- Transportation and Logistics
- Others
- Application Outlook (Revenue, USD Million, 2018 - 2030)
- Assembly Line Automation
- Material Handling Automation
- Welding and Fabrication Automation
- Transportation and Logistics
- Packaging Automation
- Others
- Solution Outlook (Revenue, USD Million, 2018 - 2030)
- Control Systems
- Monitoring and Diagnostics
- Robotics and Autonomous Systems
- Enterprise Size Outlook (Revenue, USD Million, 2018 - 2030)
- SMEs
- Large Enterprises
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- China
- Australia
- Japan
- India
- South Korea
- Latin America
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Information Procurement
- 1.3.1. Information analysis
- 1.3.2. Market formulation & data visualization
- 1.3.3. Data validation & publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Manufacturing Automation Market Snapshot
- 2.2. Manufacturing Automation Market- Segment Snapshot
- 2.3. Manufacturing Automation Market- Competitive Landscape Snapshot
Chapter 3. Manufacturing Automation Market - Industry Outlook
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Industry Challenges
- 3.3.4. Industry Opportunities
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's analysis
- 3.4.2. Macroeconomic analysis
- 3.5. Technology Trends
Chapter 4. Manufacturing Automation Market: Component Estimates & Trend Analysis
- 4.1. Component Movement Analysis & Market Share, 2023 & 2030
- 4.2. Manufacturing Automation Market Estimates & Forecast, By Component, 2018 - 2030 (USD Million)
- 4.2.1. Hardware
- 4.2.2. Software
- 4.2.3. Services
- 4.2.3.1 Professional Services
- 4.2.3.2 Managed Services Airframe
Chapter 5. Manufacturing Automation Market: Technology Estimates & Trend Analysis
- 5.1. Technology Movement Analysis & Market Share, 2023 & 2030
- 5.2. Manufacturing Automation Market Estimates & Forecast, By Technology, 2018 - 2030 (USD Million)
- 5.2.1. PLC
- 5.2.2. Robotics
Chapter 6. Manufacturing Automation Market: Deployment Estimates & Trend Analysis
- 6.1. Deployment Movement Analysis & Market Share, 2023 & 2030
- 6.2. Manufacturing Automation Market Estimates & Forecast, By Deployment, 2018 - 2030 (USD Million)
- 6.2.1. On-premises
- 6.2.2. Cloud-based
Chapter 7. Manufacturing Automation Market: End Use Estimates & Trend Analysis
- 7.1. End Use Movement Analysis & Market Share, 2023 & 2030
- 7.2. Manufacturing Automation Market Estimates & Forecast, By End Use, 2018 - 2030 (USD Million)
- 7.2.1. Discrete Manufacturing
- 7.2.2. Process Manufacturing
Chapter 8. Manufacturing Automation Market: Industry Vertical Estimates & Trend Analysis
- 8.1. Industry Vertical Movement Analysis & Market Share, 2023 & 2030
- 8.2. Manufacturing Automation Market Estimates & Forecast, By Industry Vertical, 2018 - 2030 (USD Million)
- 8.2.1. Automotive
- 8.2.2. Consumer Electronics
- 8.2.3. Healthcare
- 8.2.4. Transportation and Logistics
- 8.2.5. Others
Chapter 9. Manufacturing Automation Market: Application Estimates & Trend Analysis
- 9.1. Application Movement Analysis & Market Share, 2023 & 2030
- 9.2. Manufacturing Automation Market Estimates & Forecast, By Application, 2018 - 2030 (USD Million)
- 9.2.1. Assembly Line Automation
- 9.2.2. Material Handling Automation
- 9.2.3. Welding and Fabrication Automation
- 9.2.4. Packaging Automation
- 9.2.5. Others
Chapter 10. Manufacturing Automation Market: Solution Estimates & Trend Analysis
- 10.1. Solution Movement Analysis & Market Share, 2023 & 2030
- 10.2. Manufacturing Automation Market Estimates & Forecast, By Solution, 2018 - 2030 (USD Million)
- 10.2.1. Control Systems
- 10.2.2. Monitoring and Diagnostics
- 10.2.3. Robotics and Autonomous Systems
Chapter 11. Manufacturing Automation Market: Enterprise Size Estimates & Trend Analysis
- 11.1. Enterprise Size Movement Analysis & Market Share, 2023 & 2030
- 11.2. Manufacturing Automation Market Estimates & Forecast, By Enterprise Size, 2018 - 2030 (USD Million)
- 11.2.1. SMEs
- 11.2.2. Large Enterprises
Chapter 12. Regional Estimates & Trend Analysis
- 12.1. Manufacturing Automation Market by Region, 2023 & 2030
- 12.2. North America
- 12.2.1. North America Manufacturing Automation Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 12.2.2. U.S.
- 12.2.3. Canada
- 12.2.4. Mexico
- 12.3. Europe
- 12.3.1. Europe Manufacturing Automation Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 12.3.2. UK
- 12.3.3. Germany
- 12.3.4. France
- 12.4. Asia Pacific
- 12.4.1. Asia Pacific Manufacturing Automation Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 12.4.2. China
- 12.4.3. Japan
- 12.4.4. India
- 12.4.5. South Korea
- 12.4.6. Australia
- 12.5. Latin America
- 12.5.1. Latin America Manufacturing Automation Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 12.5.2. Brazil
- 12.6. Middle East & Africa (MEA)
- 12.6.1. MEA Manufacturing Automation Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 12.6.2. UAE
- 12.6.3. Saudi Arabia
- 12.6.4. South Africa
Chapter 13. Manufacturing Automation Market - Competitive Landscape
- 13.1. Recent Developments & Impact Analysis, By Key Market Participants
- 13.2. Company Categorization
- 13.3. Participant's Overview
- 13.4. Financial Performance
- 13.5. Product Benchmarking
- 13.6. Company Market Positioning Analysis
- 13.7. Company Heat Map Analysis
- 13.8. Strategy Mapping
- 13.8.1. Expansion/Divestiture
- 13.8.2. Collaborations/Partnerships
- 13.8.3. New Product Launches
- 13.8.4. Contract
- 13.9. Company Profiles
- 13.9.1. ABB Ltd.
- 13.9.1.1. Participant's Overview
- 13.9.1.2. Financial Performance
- 13.9.1.3. Product Benchmarking
- 13.9.1.4. Recent Developments
- 13.9.2. FANUC CORPORATION
- 13.9.2.1. Participant's Overview
- 13.9.2.2. Financial Performance
- 13.9.2.3. Product Benchmarking
- 13.9.2.4. Recent Developments
- 13.9.3. Honeywell International, Inc.
- 13.9.3.1. Participant's Overview
- 13.9.3.2. Financial Performance
- 13.9.3.3. Product Benchmarking
- 13.9.3.4. Recent Developments
- 13.9.4. Mitsubishi Electric Corporation
- 13.9.4.1. Participant's Overview
- 13.9.4.2. Financial Performance
- 13.9.4.3. Product Benchmarking
- 13.9.4.4. Recent Developments
- 13.9.5. Motoman (Yaskawa America, Inc.)
- 13.9.5.1. Participant's Overview
- 13.9.5.2. Financial Performance
- 13.9.5.3. Product Benchmarking
- 13.9.5.4. Recent Developments
- 13.9.6. Omron Corporation
- 13.9.6.1. Participant's Overview
- 13.9.6.2. Financial Performance
- 13.9.6.3. Product Benchmarking
- 13.9.6.4. Recent Developments
- 13.9.7. Reko Automation, Inc.
- 13.9.7.1. Participant's Overview
- 13.9.7.2. Financial Performance
- 13.9.7.3. Product Benchmarking
- 13.9.7.4. Recent Developments
- 13.9.8. Rockwell Automation, Inc.
- 13.9.8.1. Participant's Overview
- 13.9.8.2. Financial Performance
- 13.9.8.3. Product Benchmarking
- 13.9.8.4. Recent Developments
- 13.9.9. Schneider Electric
- 13.9.9.1. Participant's Overview
- 13.9.9.2. Financial Performance
- 13.9.9.3. Product Benchmarking
- 13.9.9.4. Recent Developments
- 13.9.10. Teradyne, Inc.
- 13.9.10.1. Participant's Overview
- 13.9.10.2. Financial Performance
- 13.9.10.3. Product Benchmarking
- 13.9.10.4. Recent Developments