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Machinery And Industrial Automation Market Size, Value And Growth Trajectory Through 2030
The size of the machinery and industrial automation market has demonstrated robust expansion over recent years. Projections indicate it will expand from $222.22 billion in 2025 to $238.48 billion by 2026, achieving a compound annual growth rate (CAGR) of 7.3%. Factors contributing to this historical expansion include the rise of factory automation, the widespread adoption of PLCs, an increasing demand for enhanced productivity, a decrease in manual labor requirements, and improved industrial process optimization.
The market for machinery and industrial automation is projected to experience substantial expansion over the upcoming years. This market is forecast to reach $317.21 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.4%. This anticipated growth is propelled by factors such as the rise of AI-driven automation, the widespread implementation of Industry 4.0, the increasing need for connected factory environments, the broader integration of robotics, and advancements in real-time process optimization. Key developments expected within this period encompass the swift integration of industrial robots, the proliferation of smart automation systems, the seamless incorporation of sensors and actuators, the development of sophisticated digital control platforms, and the increasing requirement for comprehensive end-to-end automation solutions.
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Machinery And Industrial Automation Market Industry Drivers: What’s Behind The Revenue Growth?
The increasing integration of the Internet of Things (IoT) is anticipated to drive the expansion of the machinery and industrial automation market in the future. The Internet of Things (IoT) constitutes a network of devices and objects that are interconnected and equipped with sensors, software, and various other technologies. The growing use of IoT is fueled by its capacity to improve connectivity, facilitate insights based on data, and streamline efficiency across numerous sectors. IoT significantly improves machinery and industrial automation by offering smooth connectivity and data interchange, boosting efficiency, and enabling live monitoring and control. For example, as per the State of IoT Spring 2023 report from IoT Analytics, a service provider located in Germany, the number of active endpoints has reached 14.3 billion. Furthermore, in 2023, it is forecast that the count of connected IoT devices will increase by an additional 16%, bringing the total to 16.7 billion active endpoints globally. Consequently, the expanding deployment of the Internet of Things (IoT) is propelling the growth of the machinery and industrial automation market.
Machinery And Industrial Automation Market Segmentation And Category Overview
The machinery and industrial automation market covered in this report is segmented –
1) By Product Type: Sensors And Actuators, Industrial Robots, Control Systems
2) By Automation Technology: Programmable Logic Controller Systems, Supervisory Control And Data Acquisition, Distributed Control System, Robotics
3) By End-User Application: Material Handling And Packaging, Assembly And Disassembly, Process Automation, Quality Control
4) By Industry Vertical: 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
Machinery And Industrial Automation Market Growth Trends Reshaping The Competitive Landscape
Leading companies in the machinery and industrial automation market are increasingly concentrating on developing offerings, such as industrial automation products, to enhance their profitability. Industrial automation products encompass a broad spectrum of technologies and devices crafted to automate and optimize industrial processes. For example, in May 2023, Renishaw Inc., a UK-based machine industry company, unveiled a new product range for industrial automation. This collection features three products: RCS L-90, RCS T-90, and RCS P-series, all supported by a specific software suite. The fresh RCS product line aims to resolve key issues within the global industrial automation industry, focusing on the manual set-up, calibration, and maintenance aspects of robots. The RCS L-90 is a ball-bar device engineered to boost the precision of robot systems, shorten deployment times, and track robot condition. Furthermore, the RCS T-90 is a tri-ball bar system allowing operators to identify the primary causes of inadequate performance and collect vital robot data.
Machinery And Industrial Automation Market Competitive Analysis Of Leading Industry Participants
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, Sensirion AG, Dwyer Instruments Ltd, Endress+Hauser Group Services AG, WIKA Instruments India Pvt. Ltd
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Machinery And Industrial Automation Market Geographic Spread And Regional Opportunities
Europe was the largest region in the machinery and industrial automation market in 2025. 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, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
