The Factory and Industrial Automation Market Segmented Into Product (By Industrial Control Systems, Field Devices), Component (hardware and More), Control System Architecture (Proprietary / Vendor-Specific and More), End-User Industry (Automotive, Chemical and Petrochemical, Utility and More), and by Geography. The Market Forecasts are Provided in Terms of Value (USD).

The global market for industrial control and automation was valued at about *** billion U.S. dollars in 2020. At a compound annual growth rate of approximately nine percent, the market is projected to be sized at almost *** billion U.S. dollars in 2026.

United States Factory Automation and Industrial Controls Market Report is Segmented by Component (Hardware, Software, and More), Type (Industrial Control Systems and Field Devices), and End-User Industry (Oil and Gas, Metals and Mining, and More). The Market Forecasts are Provided in Terms of Value (USD).

The industrial control and factory automation market will rise from USD 166.1 billion in 2024 to USD 339.5 billion by 2032, growing at a CAGR of 9.5%.

Industrial Control And Factory Automation Market size was valued at USD 231.67 Billion in 2023 and is projected to reach USD 418.10 Billion by 2030, growing at a CAGR of 8.8% during the forecast period 2024-2030.

Global Industrial Control And Factory Automation Market Drivers

The market drivers for the Industrial Control And Factory Automation Market can be influenced by various factors. These may include:

The implementation of Industry 4.0 principles, which prioritize automation, data interchange, and smart technology in production, is a key driver of the Industrial Internet of Things (IIoT). IIoT makes it possible for linked equipment to exchange data and communicate, which improves productivity and flexibility in manufacturing processes.

Demand for Greater Productivity and Efficiency: In order for manufacturers to stay competitive, there is demand to increase productivity and efficiency. Solutions for factory automation and industrial control help to maximize resource usage, minimize downtime, and streamline operations.

The use of energy-efficient automation technology is being fueled by growing energy expenses as well as environmental concerns. These innovations contribute to a decrease in greenhouse gas emissions and energy utilization.

Technological Developments: Innovation in industrial control and automation is being propelled by developments in fields like robots, artificial intelligence, and machine learning. These technologies make industrial processes more intelligent and self-sufficient.

Government Initiatives and rules: To encourage automation and digitization in manufacturing, governments all over the world are putting initiatives and rules into place. This covers cybersecurity and interoperability standards as well as incentives for implementing automation technologies.

Globalization and Supply Chain Optimization: As a result of the trend toward globalization, manufacturing operations now require greater agility and responsiveness. Solutions for factory automation and industrial control aid in supply chain optimization and market condition adaptation.

workers Shortages and Cost Pressures: There is a shortage of skilled workers in the manufacturing sector in many areas. By decreasing the need for physical labor and increasing the productivity of the current workforce, automation aids in addressing this issue.

Safety and Compliance Requirements: For manufacturers, maintaining a safe workplace and adhering to regulations are top priorities. Solutions for industrial automation and control aid in the observation and management of safety systems, guaranteeing adherence to regulations.

The Global Industrial Control & Factory Automation market size is expected to reach $246.29 billion by 2029 at 9.3%, growth in vehicle production is driving the industrial control and factory automation market.

Global industrial control & factory automation market size is expected to reach USD 277.3 billion by 2030 at a CAGR of 8.2%, according to a new study by Polaris Market Research.

The Report Covers UK Factory Automation and Industrial Control Systems Companies and it is Segmented by Type (Industrial Control Systems and Field Devices) and End-User Industry (Oil and Gas, Chemical and Petrochemical, Power and Utilities, Food and Beverage, Automotive and Transportation and Pharmaceutical).

The predicted market growth shows that it will rise from USD 152,330.8 million in 2025 to USD 260,203 million by 2035 at a 5.5% CAGR rate during the forecast period.

Metric	Value
Industry Size (2025E)	USD 152,330.8 million
Industry Value (2035F)	USD 260,203 million
CAGR (2025 to 2035)	5.5%

Country-Wise Outlook

Country	CAGR (2025 to 2035)
USA	5.2%

Country	CAGR (2025 to 2035)
UK	5.3%

Region	CAGR (2025 to 2035)
European Union	5.5%

Country	CAGR (2025 to 2035)
Japan	5.0%

Country	CAGR (2025 to 2035)
South Korea	5.8%

Segmentation Outlook-Factory Automation and Industrial Controls Market

Product Type	Market Share (2025)
Industrial Control Systems	38.7%

End Use Industry	Market Share (2025)
Automotive	41.2%

Competitive Outlook

Company Name	Estimated Market Share (%)
Siemens AG	20-24%
Rockwell Automation, Inc.	15-19%
Mitsubishi Electric Corporation	12-16%
Schneider Electric SE	9-13%
ABB Ltd.	7-11%
Emerson Electric Co.	6-10%
Other Companies (combined)	18-26%

Global industrial control & factory automation market size was valued at USD 137.34 billion in 2021 and is expected to grow at a CAGR of 8.2% during the forecast period.

The North America Factory Automation and Industrial Controls Market Report is segmented by Type (Industrial Control Systems, Field Devices), End-user Industry (Oil and Gas, Chemical and Petrochemical, Power and Utilities, Food and Beverages, Automotive), and Country.

The Europe Factory Automation and Industrial Controls Market Report is Segmented by Type (Industrial Control Systems​, Field Devices), by End-User Industry​ (Automotive​, Chemical and Petrochemical, Power and Utility, Pharmaceutical, Food and Beverages​, Oil and Gas), and by Country. The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Industrial Control & Factory Automation Market Outlook

According to our latest research, the global Industrial Control & Factory Automation market size reached USD 148.6 billion in 2024, reflecting robust expansion driven by the accelerating adoption of smart manufacturing solutions worldwide. The market is poised to grow at a CAGR of 9.2% from 2025 to 2033, with forecasts indicating a value of USD 330.1 billion by 2033. This rapid growth is primarily attributed to increasing demand for operational efficiency, rising investments in Industry 4.0 initiatives, and the proliferation of advanced digital technologies across manufacturing sectors. As per our latest research, the integration of automation technologies is reshaping production landscapes, enabling higher productivity, enhanced quality control, and significant cost reductions for enterprises globally.

The primary growth factor propelling the Industrial Control & Factory Automation market is the escalating emphasis on operational efficiency and productivity enhancement. Manufacturers are under constant pressure to reduce operational costs, minimize downtime, and improve product quality to remain competitive in a globalized marketplace. The deployment of automation solutions such as programmable logic controllers (PLCs), distributed control systems (DCS), and industrial robots allows for real-time monitoring, predictive maintenance, and seamless process optimization. This enables companies to achieve substantial gains in throughput and resource utilization. Furthermore, the integration of machine learning and artificial intelligence within automation systems is driving the transition towards smart factories, fostering a new era of data-driven decision-making and process agility.

Another critical driver is the widespread adoption of Industry 4.0 and the Industrial Internet of Things (IIoT), which is revolutionizing traditional manufacturing paradigms. The convergence of information technology (IT) and operational technology (OT) is facilitating the creation of interconnected production environments where machines, devices, and systems communicate seamlessly. This connectivity enables manufacturers to collect and analyze vast volumes of data from the shop floor, leading to improved asset management, energy efficiency, and supply chain visibility. As a result, companies across automotive, food & beverage, pharmaceuticals, and other verticals are investing heavily in automation technologies to harness the benefits of digital transformation and maintain a competitive edge.

The Industrial Control & Factory Automation market is also benefiting from favorable government policies and initiatives aimed at promoting smart manufacturing. Numerous countries are rolling out incentives, subsidies, and regulatory frameworks to encourage the adoption of automation technologies among small and medium enterprises (SMEs) as well as large corporations. Additionally, the ongoing labor shortages and rising labor costs in developed economies are prompting manufacturers to automate repetitive and hazardous tasks, ensuring workplace safety and compliance with stringent regulations. The increasing focus on sustainability and energy conservation is further fueling demand for automation solutions that enable efficient resource management and reduce environmental impact.

From a regional perspective, the Asia Pacific region stands out as the most dynamic market for industrial control and factory automation, accounting for the largest share in 2024. This growth is primarily driven by the rapid industrialization of emerging economies such as China, India, and Southeast Asian countries, coupled with substantial investments in manufacturing infrastructure and technology upgrades. North America and Europe are also significant contributors to market expansion, owing to their advanced manufacturing sectors and early adoption of cutting-edge automation solutions. Meanwhile, Latin America and the Middle East & Africa are witnessing steady growth as local industries embrace automation to enhance competitiveness and comply with global quality standards.

This graph shows the global factory automation and industrial controls market size in 2017 and 2023. The size of the global factory automation and industrial controls market amounted to approximately *** billion U.S. dollars in 2017.

Find out what’s driving the Industrial Control And Factory Automation Market—size, share, and growth outlook with forward-looking data to 2034.

The North American factory automation and industrial controls industry is projected to expand at a CAGR of 8.12% from 2025 to 2033, driven by increasing automation in manufacturing, rising demand for energy efficiency, and advancements in technology. The industry is segmented into type (industrial control systems and field devices) and end-user industry (oil and gas, chemical and petrochemical, power and utilities, food and beverages, automotive, and others). Key trends include the adoption of cloud-based systems, the growth of smart factories, and the integration of artificial intelligence (AI) into industrial processes. Major players in the North American factory automation and industrial controls market include Honeywell International Inc, ABB Ltd, KUKA AG (Midea Group), Yasakawa Electric Corporation, Mitsubishi Electric Corporation, Siemens AG, Nidec Motor Corporation, Schneider Electric SE, Fanuc Corporation, Omron Corporation, Basler AG, Rockwell Automation Inc, Yokogawa Electric Corporation, Regal Beloit Corporation, and Emerson Electric Company. These companies offer a range of products and services, including programmable logic controllers (PLCs), industrial robots, and distributed control systems (DCSs). The competitive landscape is characterized by technological innovation, strategic partnerships, and mergers and acquisitions. Key drivers for this market are: , Launch of Stringent Energy Conservation Standards and Drive for Local Manufacturing. Potential restraints include: , Trade Tensions and Implementation Challenges. Notable trends are: Sensors and Transmitters Field Devices to Drive the Market Growth.

Global Industrial Control Factory Automation Market is poised to witness substantial growth, reaching a value of USD 671.49 Billion by the year 2033, up from USD 276.3 Billion attained in 2024. The market is anticipated to display a Compound Annual Growth Rate (CAGR) of 10.37% between 2025 and 2033.

The Global Industrial Control Factory Automation market size to cross USD 671.49 Billion by 2033.

The global industrial control and factory automation market reached a value of about USD 151.35 Billion in 2024. The industry is further expected to grow at a CAGR of 7.90% in the forecast period of 2025-2034 to reach a value of around USD 323.74 Billion by 2034.

Industrial Control and Factory Automation Market By Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Component, By Industrial Control Systems, By Application, By Region, Competition Forecast and Opportunities

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Market Size
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Fastest Growing Segment
Largest Market
Key Players

Learn more about Market Research Intellect's Discrete Industrial Control And Factory Automation Market Report, valued at USD 200 billion in 2024, and set to grow to USD 350 billion by 2033 with a CAGR of 7.5% (2026-2033).