Industrial Automation Market Outlook: Key Trends and Forecasts for 2021-2030

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The Global Industrial Automation Market is expected to reach USD 441.7 Billion by 2030, at a CAGR of 8.84% during the forecast period 2022 to 2030.

<h4><strong>The Global Industrial Automation Market is expected to reach USD 441.7 Billion by 2030, at a CAGR of 8.84% during the forecast period 2022 to 2030.</strong></h4><p class="" data-start="83" data-end="596">The <a href="https://www.sphericalinsights.com/reports/industrial-automation-market" target="_blank" rel="noopener"><span style="color: #0000ff;"><strong>Global Industrial Automation Market</strong></span></a> is projected to reach <strong data-start="149" data-end="170">USD 441.7 billion</strong> by 2030, growing at a <strong data-start="193" data-end="210">CAGR of 8.84%</strong> during the forecast period from 2022 to 2030. Industrial automation, which involves using technologies like computers, robots, and various other automated systems to control machinery and processes, plays a crucial role in increasing efficiency and productivity across industries. This evolution aims to replace manual labor, reducing costs and enhancing quality, safety, and accuracy.</p><h3 class="" data-start="598" data-end="630">Key Drivers of Market Growth</h3><p class="" data-start="632" data-end="1134">Industrial automation integrates multiple technologies, including mechanical, hydraulic, pneumatic, electrical, electronic, and computer systems. The market is growing due to the demand for reduced labor costs, improved productivity, minimal waste, and energy efficiency. Furthermore, the rise of <strong data-start="929" data-end="945">Industry 4.0</strong>, often referred to as the <strong data-start="972" data-end="1004">Fourth Industrial Revolution</strong>, and the integration of the <strong data-start="1033" data-end="1073">Industrial Internet of Things (IIoT)</strong> are boosting the growth of the industrial automation market.</p><h4><strong>Get Access to a Free Copy of Our Latest Sample Report - <span style="color: #0000ff;"><a style="color: #0000ff;" href="https://www.sphericalinsights.com/request-sample/1558">https://www.sphericalinsights.com/request-sample/1558</a></span></strong></h4><h3 class="" data-start="1136" data-end="1158">Key Market Players</h3><p class="" data-start="1160" data-end="1346">The industrial automation market is highly competitive, with several leading players driving the industry's growth through innovation and strategic partnerships. Notable players include:</p><ul data-start="1347" data-end="1551"><li class="" data-start="1347" data-end="1377"><p class="" data-start="1349" data-end="1377"><strong data-start="1349" data-end="1377">Nissan Motor Corporation</strong></p></li><li class="" data-start="1378" data-end="1403"><p class="" data-start="1380" data-end="1403"><strong data-start="1380" data-end="1403">Rockwell Automation</strong></p></li><li class="" data-start="1404" data-end="1422"><p class="" data-start="1406" data-end="1422"><strong data-start="1406" data-end="1422">Hitachi Ltd.</strong></p></li><li class="" data-start="1423" data-end="1441"><p class="" data-start="1425" data-end="1441"><strong data-start="1425" data-end="1441">Sensirion AG</strong></p></li><li class="" data-start="1442" data-end="1467"><p class="" data-start="1444" data-end="1467"><strong data-start="1444" data-end="1467">Dassault Systems SE</strong></p></li><li class="" data-start="1468" data-end="1479"><p class="" data-start="1470" data-end="1479"><strong data-start="1470" data-end="1479">Fanuc</strong></p></li><li class="" data-start="1480" data-end="1504"><p class="" data-start="1482" data-end="1504"><strong data-start="1482" data-end="1504">Schneider Electric</strong></p></li><li class="" data-start="1505" data-end="1518"><p class="" data-start="1507" data-end="1518"><strong data-start="1507" data-end="1518">KUKA AG</strong></p></li><li class="" data-start="1519" data-end="1535"><p class="" data-start="1521" data-end="1535"><strong data-start="1521" data-end="1535">Siemens AG</strong></p></li><li class="" data-start="1536" data-end="1551"><p class="" data-start="1538" data-end="1551"><strong data-start="1538" data-end="1551">ABB Group</strong></p></li></ul><p class="" data-start="1553" data-end="1749">These companies are increasingly focusing on automation technology for industries such as manufacturing, automotive, oil & gas, and energy to enhance production quality and operational efficiency.</p><h3 class="" data-start="1751" data-end="1774">Market Segmentation</h3><p class="" data-start="1776" data-end="1855">The industrial automation market is segmented into various types and solutions:</p><ul data-start="1857" data-end="2136"><li class="" data-start="1857" data-end="1910"><p class="" data-start="1859" data-end="1871"><strong data-start="1859" data-end="1871">By Type:</strong></p><ul data-start="1874" data-end="1910"><li class="" data-start="1874" data-end="1884"><p class="" data-start="1876" data-end="1884">Hardware</p></li><li class="" data-start="1887" data-end="1897"><p class="" data-start="1889" data-end="1897">Software</p></li><li class="" data-start="1900" data-end="1910"><p class="" data-start="1902" data-end="1910">Services</p></li></ul></li><li class="" data-start="1912" data-end="2136"><p class="" data-start="1914" data-end="1930"><strong data-start="1914" data-end="1930">By Solution:</strong></p><ul data-start="1933" data-end="2136"><li class="" data-start="1933" data-end="1967"><p class="" data-start="1935" data-end="1967">Distributed Control System (DCS)</p></li><li class="" data-start="1970" data-end="2018"><p class="" data-start="1972" data-end="2018">Supervisory Control & Data Acquisition (SCADA)</p></li><li class="" data-start="2021" data-end="2052"><p class="" data-start="2023" data-end="2052">Human Machine Interface (HMI)</p></li><li class="" data-start="2055" data-end="2089"><p class="" data-start="2057" data-end="2089">Robotic Process Automation (RPA)</p></li><li class="" data-start="2092" data-end="2125"><p class="" data-start="2094" data-end="2125">Artificial Neural Network (ANN)</p></li><li class="" data-start="2128" data-end="2136"><p class="" data-start="2130" data-end="2136">Others</p></li></ul></li></ul><h4>Buy this report now:- <span style="color: #0000ff;"><a style="color: #0000ff;" href="https://www.sphericalinsights.com/checkout/1558">https://www.sphericalinsights.com/checkout/1558</a></span></h4><h3 class="" data-start="2138" data-end="2163">Industry Developments</h3><p class="" data-start="2165" data-end="2575">In <strong data-start="2168" data-end="2184">January 2022</strong>, <strong data-start="2186" data-end="2202">Hitachi Ltd.</strong> and <strong data-start="2207" data-end="2257">Hitachi Industrial Equipment Systems Co., Ltd.</strong> accelerated global development by employing industrial robots in the line construction business. Hitachi’s restructuring efforts, including the creation of <strong data-start="2414" data-end="2441">Hitachi Automation Ltd.</strong>, are aimed at strengthening the robotic SI industry in Japan and ASEAN nations, further enhancing industrial automation capabilities.</p><h3 class="" data-start="2577" data-end="2598">Regional Insights</h3><p class="" data-start="2600" data-end="2681">The industrial automation market is witnessing strong growth in multiple regions:</p><ul data-start="2682" data-end="2965"><li class="" data-start="2682" data-end="2723"><p class="" data-start="2684" data-end="2723"><strong data-start="2684" data-end="2702">North America:</strong> U.S., Canada, Mexico</p></li><li class="" data-start="2724" data-end="2778"><p class="" data-start="2726" data-end="2778"><strong data-start="2726" data-end="2737">Europe:</strong> U.K., Italy, Germany, France, and others</p></li><li class="" data-start="2779" data-end="2841"><p class="" data-start="2781" data-end="2841"><strong data-start="2781" data-end="2798">Asia-Pacific:</strong> India, China, Japan, South Korea, and more</p></li><li class="" data-start="2842" data-end="2890"><p class="" data-start="2844" data-end="2890"><strong data-start="2844" data-end="2862">South America:</strong> Brazil, Argentina, Colombia</p></li><li class="" data-start="2891" data-end="2965"><p class="" data-start="2893" data-end="2965"><strong data-start="2893" data-end="2918">Middle East & Africa:</strong> Saudi Arabia, U.A.E., South Africa, and others</p></li></ul><h3 class="" data-start="2967" data-end="2994">Why This Report Matters</h3><p class="" data-start="2996" data-end="3276">The report offers a comprehensive analysis of key drivers, challenges, and opportunities in the industrial automation sector. It provides valuable insights into the competitive landscape, technological advancements, and market dynamics, helping businesses make informed decisions.</p><h3 class="" data-start="3278" data-end="3315">Frequently Asked Questions (FAQs)</h3><ol data-start="3317" data-end="3718"><li class="" data-start="3317" data-end="3392"><p class="" data-start="3320" data-end="3392"><strong data-start="3320" data-end="3392">What is the current market size of the industrial automation market?</strong></p></li><li class="" data-start="3393" data-end="3488"><p class="" data-start="3396" data-end="3488"><strong data-start="3396" data-end="3488">What is the expected growth rate for the industrial automation market from 2022 to 2030?</strong></p></li><li class="" data-start="3489" data-end="3570"><p class="" data-start="3492" data-end="3570"><strong data-start="3492" data-end="3570">Which industry sectors are benefiting the most from industrial automation?</strong></p></li><li class="" data-start="3571" data-end="3632"><p class="" data-start="3574" data-end="3632"><strong data-start="3574" data-end="3632">What key challenges are limiting the market expansion?</strong></p></li><li class="" data-start="3633" data-end="3718"><p class="" data-start="3636" data-end="3718"><strong data-start="3636" data-end="3718">What are the most promising regional markets for industrial automation growth?</strong></p></li></ol><h3 class="" data-start="3720" data-end="3743">Unlock Full Report:</h3><h4>Unlock the full report now! 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