According to DataM Intelligence, the Factory Automation market was US$ 144.92 billion in 2024 and is expected to reach US$ 275.85 billion by 2033, growing at a CAGR of 8.7% during the forecast period 2025-2033. This growth is propelled by accelerating Industry 4.0 transformation, increasing deployment of industrial robots and IoT-integrated systems, rising demand for efficiency and productivity in manufacturing, strong adoption of SCADA, PLC, DCS, and MES solutions, expanding use in automotive, electronics, pharmaceuticals, and food & beverages sectors, and growing investments in smart factories and digital twins worldwide.
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United States Key Industry Developments
☑️ January 2026: Rockwell Automation expanded its FactoryTalk portfolio with advanced AI-driven MES and predictive maintenance modules, securing major contracts with U.S. automotive and aerospace manufacturers.
☑️ January 2026: Honeywell reported strong growth in its Experion DCS and SCADA systems, with new deployments in oil & gas and chemicals industries for enhanced process control.
☑️ December 2025: Siemens advanced its Totally Integrated Automation (TIA) platform, gaining traction in electronics and semiconductor factories for real-time monitoring and robotics integration.
☑️ December 2025: General Electric (GE) launched updated industrial PCs and HMI solutions, targeting energy & power and mining sectors for improved operational efficiency.
Japan Key Industry Developments
☑️ January 2026: Mitsubishi Electric and Omron Corporation accelerated deployment of next-generation industrial robots and vision systems in automotive and electronics assembly lines, supported by government subsidies for smart manufacturing.
☑️ January 2026: Yokogawa Electric showcased advanced DCS and plant asset management solutions at major automation expos in Tokyo, focusing on pharmaceuticals and chemicals applications.
☑️ December 2025: Growing adoption of SCADA and MES in food & beverages and paper & pulp industries, driven by demand for traceability and energy-efficient production.
Key Mergers and Acquisitions
✦ Siemens acquired a specialized industrial IoT and AI startup to strengthen its digital factory and smart manufacturing offerings (early 2026 integration).
✦ Rockwell Automation completed a strategic acquisition of an advanced robotics software firm to enhance its FactoryTalk and motion control capabilities.
✦ ABB secured a licensing agreement with a leading edge computing innovator to incorporate next-generation real-time analytics into its automation platforms.
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Market Segmentation Analysis
By Component: Industrial Robots, Vision Machines, Sensors, HMI, and Industrial PC lead; followed by Control Valves, Field Instruments, and Others.
By Solutions: SCADA, PLC, DCS, MES, and PLM dominate; followed by Functional Safety, PAM, and Others.
By End-User: Automotive, Electronics & Semiconductors, Oil & Gas, Chemicals, Food & Beverages, and Energy & Power hold significant shares; followed by Pharmaceuticals, Mining & Metals, Aerospace and Defense, Medical Devices, and Others.
Regional Insights
Asia-Pacific commands the largest market share in the global Factory Automation market, supported by massive manufacturing base, rapid industrialization in China, India, Japan, and Southeast Asia, high adoption of industrial robots and automation solutions in automotive and electronics, strong government initiatives for smart factories, and aggressive investments by global and local players. North America remains the fastest-growing region, fueled by advanced Industry 4.0 adoption, significant R&D investments in robotics and AI-integrated systems, rising demand for smart manufacturing in aerospace, defense, and pharmaceuticals, favorable regulatory environment, and continuous innovation by leading automation providers.
Growth Drivers
✦ Rapid Industry 4.0 and smart factory transformation worldwide
✦ Increasing deployment of industrial robots, sensors, and vision systems
✦ Strong demand for SCADA, PLC, DCS, and MES in process optimization
✦ Rising focus on productivity, efficiency, and cost reduction in manufacturing
✦ Government support for automation and digitalization initiatives
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Key Players
The market includes leading companies such as ABB, Siemens, Schneider Electric, Mitsubishi Electric, General Electric, Honeywell, Rockwell Automation, Yokogawa Electric Corporation, HP, Omron Corporation, and others.
Key Highlights (Top 5 Key Players)
✦ Siemens – Leading with Totally Integrated Automation and digital factory solutions.
✦ ABB – Dominating in industrial robotics and process automation systems.
✦ Rockwell Automation – Strong in FactoryTalk MES and control platforms.
✦ Schneider Electric – Advancing EcoStruxure for smart manufacturing.
✦ Mitsubishi Electric – Providing comprehensive PLC and robot solutions globally.
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