Factory Automation & Industrial Controls Market Size, Share, Growth, and Industry Analysis by Type (Control Systems, Measurement & Analytical Products, Switches & Safety Components, Industrial Robot, Others) by Application (General Manufacturing, Automotive, Power Industry, Oil & Gas, Others), and Regional Forecast to 2034

FACTORY AUTOMATION & INDUSTRIAL CONTROLS MARKET REPORT OVERVIEW

The global Factory Automation & Industrial Controls Market size was USD 146.63 billion in 2025 and is projected to touch USD 197.46 billion by 2034, exhibiting a CAGR of 3.4% during the forecast period.

The term industrial automation and control systems states to a group of individuals, pieces of equipment, and computer programs that can influence or affect how securely, steadily, and consistently an industrial procedure runs. Industrial controls, manage and control these procedures and systems to safeguard smooth, precise, and safe processes. The growing government backing of smart business procedures particularly within developing financial settings is driving market demand. Factory automation and industrial controls maintain vital parts for industrial development since they allow trade ecosystems to grow more flexible toward being agile and sustainable and further resilient to interruptions. Producers face continuous pressure to lessen interruption, progress superiority, and surge output. Automation diminishes human fault, improves accurateness, and decreases cycle times, making processes more effective and cost-effective. Automation allows flexibility according to fluctuating demand levels, enhancing complete profitability and keenness, mostly when low prices are low, and is done with the same cyclic impacts in mind.

Participants are fixing their efforts on encouraging R&D. Technological development are supporting the regional market growth. Companies need to stay updated with varying market trends and develop products that meet rising consumer needs. Companies coming up with advanced technological solutions for firming their positions.  Firms are progressively implementing these technologies to update procedures, decay downtime, and augment product quality. The upsurge of smart workshops and Industry 4.0 has further boosted this trend, inspiring businesses to invest in sophisticated automation systems that can adapt to varying making demands.

COVID-19 Impact

Pandemic Affected The Market Due To Unexpected Disruptions In The Sector

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The COVID-19 pandemic had a substantial negative impact on the market. Global lockdowns and travel limitations disturbed trade events across industries, causing postponements in continuing automation projects and halting innovative investments. Firms faced capital restraints due to revenue losses, which led to the postponement or cancellation of automation upgrades and progresses.

LATEST TRENDS

Use Of Innovative Products To Boost The Market Growth

Technological upgrading and improvement will further enhance the presentation of the product, allowing it to obtain a varied range of requests in the market. Technological advancement will improve performance and propel the market growth. Technological development with high demand is increasingly setting a force to increase the productivity. Some players focus on product improvement to meet consumer requirements and likings. Constant upgrading in manufacturing of products is anticipated to stimulate product demand.

FACTORY AUTOMATION & INDUSTRIAL CONTROLS MARKET SEGMENTATION

By Type Analysis

According to type, the market can be segmented into Control Systems, Measurement & Analytical Products, Switches & Safety Components, Industrial Robot, Others

• Control Systems: These systems let for present monitoring, control, and automation of machines and making lines. They are vital in both discrete and process manufacturing for sustaining accuracy, rapidity, and safety.
• Measurement & Analytical Products: These tools are vibrant in industries such as pharmaceuticals, chemicals, and food dealing out, where accuracy and reliability are vital. Developments in sensor technology and connectivity have enhanced the accurateness, dependability, and remote monitoring capabilities of these products.
• Switches & Safety Components: This group embraces limit switches, emergency stop buttons, safety light curtains, and interlocking devices planned to shield labours and equipment. As industrial safety standards become stricter, the demand for integrated security systems has grown.
• Industrial Robot: Robotics progresses output, accuracy, and workshop safety. Collaborative robots have prolonged market reach by allowing safe interaction between humans and machines, mainly in SMEs and small-batch making environments.

By Application Analysis

According to application, the market can be segmented into General Manufacturing, Automotive, Power Industry, Oil & Gas, Others

• General Manufacturing: General manufacturing covers an extensive range of industries, including textiles, customer goods, plastics, and electronics assembly. Automation in this sector emphases on improving making effectiveness, product consistency, and flexibility in batch size.
• Automotive: Automation is critical for tasks such as body gathering, painting, soldering, inspection, and final testing. The use of robotics and computer vision certifies high precision, quality control, and fast making cycles.
• Power Industry: In the power sector, automation plays a key role in plant processes, monitoring, and energy supply. With the mounting integration of renewable energy sources, automation helps to balance demand and supply, optimize grid performance, and allow predictive upkeep of aging infrastructure.
• Oil & Gas: The oil & gas industry trusts deeply on industrial controls for procedure safety, equipment monitoring, and governing compliance. Automation is used in upstream, midway, and downstream procedures to augment efficiency, diminish downtime, and decline risks in risky situations.
• Others: This sector encompasses applications in food & beverage, medications, mining, aerospace, and logistics.

MARKET DYNAMICS

Market dynamics include driving and restraining factors, opportunities and challenges stating the market conditions.

DRIVING FACTORS

Rising Demand for Operational Efficiency and Productivity To Boost The Market Growth

Automation decreases human fault, speeds up making rounds, and augments accuracy in manufacturing. Instant monitoring and control systems benefit to optimize energy use, diminish waste, and safeguard reliable product superiority. This is mainly vital in industries such as automotive, electronics, and pharmaceuticals, where even negligible deviations can outcome in significant losses.

Technological Advancement and Innovation To Upsurge The Market

Technological advancements and innovation activate unique revenue augmenting opportunity which will upsurge the Factory Automation & Industrial Controls Market growth. Growing investment in research and development activities and growing awareness about benefits are expected to deliver profitable opportunities for the market. Rapid developments have made factory automation more available and cost-effective.

RESTRAINING FACTOR

Rising Cybersecurity Threats To Hamper The Market Growth

The mounting connectivity of industrial systems through IoT, cloud platforms, and distant access has made workshops more exposed to cyberattacks. Cybersecurity remains a key concern, mainly in critical sections such as energy, elements, and medications. Breaches in control systems can lead to operative interruption, data loss, or even physical harm, highlighting the necessity for sturdy security frameworks.

OPPORTUNITY

Growing Emphasis on Workplace Safety and Regulatory Compliance To Create Opportunity in the Market

Automation reduces the necessity for human involvement in risky surroundings, dropping the risk of fortunes. Industrial automatons and automated safety systems can execute tasks in extreme circumstances high heat, burden, or toxic settings more securely and consistently than humans. Furthermore, stricter ecological and workplace safety guidelines worldwide are inspiring the use of automation to meet compliance ethics proficiently.

CHALLENGE

Skilled Labor Shortage for System Operation Could Be a Major Challenge

There is a mounting scarcity of trained professionals capable of designing, functioning, and sustaining modern automation systems. The evolving nature of these technologies needs a labour force with expertise in automation, AI, software incorporation, and cybersecurity. Bridging this skills gap remains a key challenge, mainly in regions with partial access to technical teaching.

FACTORY AUTOMATION & INDUSTRIAL CONTROLS MARKET REGIONAL INSIGHTS

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East and Africa.

• NORTH AMERICA

North America has seen numerous mergers and attainments, pumping capital into the industry under study and indirectly assisting the expansion of numerous end-user sectors. The U.S. leads in innovation and has a robust occurrence of worldwide automation vendors which motivate the Factory Automation & Industrial Controls Market share.

• ASIA

Asia-Pacific leads in scale determined by wide-ranging industrialization and government support.  Scaled factory automation is made probable by an upsurge in the importation of industrial robots into the nation and the wide use of varied Industrial Control System software. 

• EUROPE

The European focus is on automation for energy savings and regulatory compliance.  The nation can use its trade skills due to quick progresses in digital and disruptive manufacturing technologies, highlighting the segment's significance for economic development. 

KEY INDUSTRY PLAYERS

Key Players Focus On Partnerships To Gain Competitive Advantage

The key players are dynamically contributing in strategic events that are aimed at maintaining strong market position and increasing market share by merger, partnerships and others. Key players are motivated to introduce new innovative products. They are spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market. The market changes are dynamic such as market expansion, partnership and merger. The collective efforts of these major players expressively impact the competitive landscape and future path of the market.

List Of Market Players Profiled

• Mitsubishi Electric (Japan)
• Fuji Electric (Japan)
• Schneider Electric (France)
• Honeywell (U.S.)
• Yokogawa Electric (Japan)

INDUSTRIAL DEVELOPMENT

May 2022:  Honeywell and DENSO Corporation collaborated on an electric motor for the Lilium Jet. This is the first joint venture between the two companies and marks DENSO's entry into the aerospace industry. The first ever electric vertical takeoff and landing jet was created by Lilium. Companies will work together to integrate the electric motor into Lilium's aircraft engines. 

REPORT COVERAGE

The report provides scrutiny and information according to market sectors. Business overview, financial overview, product portfolio, new project launch, recent development enquiry are the factors included in the profile. The report incorporates completely examined and appraised evidence of the noticeable players and their position in the market by methods for various descriptive tools. The report covers national and regional level market size and forecast. The report gives businesses the facility to research new prospect in many areas. The report shows to be an operational tool that players can use to gain a competitive superiority over their opponents and ensure lasting achievement in the market.