Product Code: GVR-4-68040-582-4
Factory Automation Market Size & Trends:
The global factory automation market size was estimated at USD 36.01 billion in 2024 and is expected to grow at a CAGR of 11.1% from 2025 to 2030. The industry is primarily driven by the rising demand for operational efficiency, the growth of manufacturing and industrial sectors, and the increasing implementation of autonomous plants and remote operations aimed at reducing costs and boosting productivity.
Additionally, the growing adoption of artificial intelligence (AI) and machine learning (ML) in factory automation systems is revolutionizing manufacturing processes, enabling predictive maintenance, real-time data analysis, and autonomous decision-making, and reducing downtime, which is further fueling the factory automation industry expansion. The growing integration of collaborative robots, or cobots, is another major driver in the factory automation industry. This reflects a shift toward flexible automation where cobots are increasingly used for dynamic, short-run, or high-mix manufacturing tasks. Companies are leveraging cobots' ease of programming and adaptability to respond quickly to changing production demands. Moreover, there's a rising emphasis on safety-certified robotics that supports worker wellbeing while improving operational output, making cobots a central feature of next-generation smart factories.
Additionally, edge computing is emerging as a critical trend in the factory automation industry, enabling faster data processing directly or near the source, such as sensors, machines, or robots, instead of relying solely on cloud infrastructure. This approach significantly reduces latency, enhances real-time control, and increases system reliability in time-sensitive industrial environments. Additionally, it supports localized AI inference, empowering automation systems to make intelligent, autonomous decisions without constant cloud connectivity.
Furthermore, the adoption of digital twin technology is rapidly transforming the factory automation industry. These virtual replicas of physical assets allow manufacturers to simulate operations, test changes, and diagnose issues in real time without disrupting actual production. By enabling predictive maintenance and performance optimization, digital twins help reduce downtime and enhance system efficiency. This trend is especially impactful in complex industries such as aerospace, automotive, and energy, where precision and reliability are critical.
Moreover, factories are increasingly turning to cloud-based platforms to manage automation systems, enabling centralized control, remote monitoring, and data-driven insights across multiple sites. Cloud solutions support faster software updates, real-time analytics, and seamless integration with enterprise IT systems. This shift is also paving the way for new business models such as Automation-as-a-Service, allowing manufacturers to scale operations efficiently with lower capital investment, which is expected to further fuel the factory automation industry in the coming years.
Global Factory Automation Market Report Segmentation
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest technological trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global factory automation market report based on component, technology, end use, and region:
- Component (Revenue, USD Billion, 2018 - 2030)
- Hardware
- Software
- Services
- Technology (Revenue, USD Billion, 2018 - 2030)
- DCS
- PLC
- SCADA
- Others
- End Use Outlook (Revenue, USD Billion, 2018 - 2030)
- Aerospace & Defense
- Automotive
- Chemical
- Energy & Utilities
- Food & Beverage
- Healthcare
- Manufacturing
- Mining & Metal
- Oil & Gas
- Transportation
- Others
- Regional Outlook (Revenue, USD Billion, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.2.1. Information analysis
- 1.2.2. Market formulation & data visualization
- 1.2.3. Data validation & publishing
- 1.3. Research Scope and Assumptions
- 1.3.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Factory Automation Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Deployment Challenge
- 3.3. Factory Automation Market Analysis Tools
- 3.3.1. Deployment Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic landscape
- 3.3.2.3. Social landscape
- 3.3.2.4. Technological landscape
- 3.3.2.5. Environmental landscape
- 3.3.2.6. Legal landscape
Chapter 4. Factory Automation Market: Component Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Factory Automation Market: Component Movement Analysis, 2024 & 2030 (USD Billion)
- 4.3. Hardware
- 4.3.1. Hardware Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.4. Software
- 4.4.1. Maintenance and Support Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.5. Services
- 4.5.1. Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Factory Automation Market: Technology Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Factory Automation Market: Technology Movement Analysis, 2024 & 2030 (USD Billion)
- 5.3. DCS
- 5.3.1. DCS Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4. PLC
- 5.4.1. PLC Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.5. SCADA
- 5.5.1. SCADA Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.6. Others
- 5.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Factory Automation Market: End Use Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Factory Automation Market: End Use Movement Analysis, 2024 & 2030 (USD Billion)
- 6.3. Aerospace & Defense
- 6.3.1. Aerospace & Defense Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4. Automotive
- 6.4.1. Automotive Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.5. Chemical
- 6.5.1. Chemical Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6. Energy & Utilities
- 6.6.1. Energy & Utilities Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.7. Food & Beverage
- 6.7.1. Food & Beverage Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.8. Healthcare
- 6.8.1. Healthcare Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.9. Manufacturing
- 6.9.1. Manufacturing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.10. Mining & Metal
- 6.10.1. Mining & Metal Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.11. Oil & Gas
- 6.11.1. Oil & Gas Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.12. Transportation
- 6.12.1. Transportation Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.13. Others
- 6.13.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Regional Estimates & Trend Analysis
- 7.1. Factory Automation Market by Region, 2024 & 2030
- 7.2. North America
- 7.2.1. North America Factory Automation Market Estimates & Forecasts, 2018 - 2030, (USD Billion)
- 7.2.2. U.S.
- 7.2.2.1. Factory Automation Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.3. Canada
- 7.2.3.1. Canada Factory Automation Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.4. Mexico
- 7.2.4.1. Mexico Factory Automation Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3. Europe
- 7.3.1. Europe Factory Automation Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.2. UK
- 7.3.2.1. UK Factory Automation Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.3. Germany
- 7.3.3.1. Germany Factory Automation Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.4. France
- 7.3.4.1. France Factory Automation Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Factory Automation Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.2. China
- 7.4.2.1. China Factory Automation Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.3. Japan
- 7.4.3.1. Japan Factory Automation Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.4. India
- 7.4.4.1. India Factory Automation Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.5. South Korea
- 7.4.5.1. South Korea Factory Automation Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.6. Australia
- 7.4.6.1. Australia Factory Automation Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.5. Latin America
- 7.5.1. Latin America Factory Automation Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.5.2. Brazil
- 7.5.2.1. Brazil Factory Automation Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Factory Automation Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.2. Saudi Arabia
- 7.6.2.1. Saudi Arabia Factory Automation Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.3. South Africa
- 7.6.3.1. South Africa Factory Automation Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.4. UAE
- 7.6.4.1. UAE Factory Automation Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Company Market Positioning
- 8.3. Company Heat Map Analysis
- 8.4. Company Profiles/Listing
- 8.4.1. ABB Ltd.
- 8.4.1.1. Participant's Overview
- 8.4.1.2. Financial Performance
- 8.4.1.3. Product Benchmarking
- 8.4.1.4. Strategic Initiatives
- 8.4.2. Emerson Electric Co.
- 8.4.2.1. Participant's Overview
- 8.4.2.2. Financial Performance
- 8.4.2.3. Product Benchmarking
- 8.4.2.4. Strategic Initiatives
- 8.4.3. Fuji Electric Co., Ltd.
- 8.4.3.1. Participant's Overview
- 8.4.3.2. Financial Performance
- 8.4.3.3. Product Benchmarking
- 8.4.3.4. Strategic Initiatives
- 8.4.4. Honeywell International Inc.
- 8.4.4.1. Participant's Overview
- 8.4.4.2. Financial Performance
- 8.4.4.3. Product Benchmarking
- 8.4.4.4. Strategic Initiatives
- 8.4.5. Mitsubishi Electric Corporation
- 8.4.5.1. Participant's Overview
- 8.4.5.2. Financial Performance
- 8.4.5.3. Product Benchmarking
- 8.4.5.4. Strategic Initiatives
- 8.4.6. Omron Corporation
- 8.4.6.1. Participant's Overview
- 8.4.6.2. Financial Performance
- 8.4.6.3. Product Benchmarking
- 8.4.6.4. Strategic Initiatives
- 8.4.7. Rockwell Automation, Inc.
- 8.4.7.1. Participant's Overview
- 8.4.7.2. Financial Performance
- 8.4.7.3. Product Benchmarking
- 8.4.7.4. Strategic Initiatives
- 8.4.8. Schneider Electric SE
- 8.4.8.1. Participant's Overview
- 8.4.8.2. Financial Performance
- 8.4.8.3. Product Benchmarking
- 8.4.8.4. Strategic Initiatives
- 8.4.9. Siemens AG
- 8.4.9.1. Participant's Overview
- 8.4.9.2. Financial Performance
- 8.4.9.3. Product Benchmarking
- 8.4.9.4. Strategic Initiatives
- 8.4.10. Yokogawa Electric Corporation
- 8.4.10.1. Participant's Overview
- 8.4.10.2. Financial Performance
- 8.4.10.3. Product Benchmarking
- 8.4.10.4. Strategic Initiatives