The Industrial Automation Market share is increasingly diversified across geographies and industrial verticals. Asia-Pacific leads in terms of both share and momentum, having held the largest regional portion of the market in 2024. This dominance is due to rapid industrialization, favorable labor costs, government initiatives, and strong manufacturing growth in countries like China, India, Japan, and South Korea. North America holds significant share, driven by advanced technology adoption, mature infrastructure, and high investments in automation and robotics.
By sector, manufacturing retains the largest piece of the share pie. Automotive, electronics, semiconductors, and consumer goods manufacturing are especially notable. As manufacturing operations become more automated to meet stringent quality standards and cost pressures, the share occupied by control hardware, robotics, and automation software in these sectors continues to increase. Industries like oil & gas, pharmaceuticals, food & beverage also contribute substantially to the market share, particularly in regions that are building up or upgrading industrial infrastructure.
Within components, hardware still holds a major portion of share, especially in sensors, actuators, PLCs, controllers and robotics hardware. However, software and services are carving out growing shares as industries recognize the need for monitoring, data analytics, remote diagnostics, and predictive maintenance. The shift toward modular and flexible automation rather than rigid fixed systems also means newer entrants and niche providers are gaining share, especially in software or service-oriented offerings.
The share is also influenced by regulatory and policy factors. Regions with strict safety, environmental, and energy efficiency policies drive more automation investment, pushing local market players to improve offerings. For example, compliance regulations in Europe and North America push for cleaner, safer, more efficient processes; Asia-Pacific governments often provide incentives, tax breaks, or infrastructure support. These regional policy levers affect which products and brands gain share locally.
Economic factors like cost of labor, cost of deployment, infrastructure readiness and access to digital connectivity also influence share. Countries and companies that can afford initial automation investments and that have stable supply chains tend to gain larger shares sooner. Vendors with strong local presence or partnerships often capture significant share in emerging markets.
Companies such as Siemens, ABB, Rockwell Automation, Schneider Electric, Honeywell, Mitsubishi Electric, and others maintain substantial market share due to their product portfolios, global reach, technical reputation, and R&D investment. At the same time, newer companies specializing in software, data analytics, smart sensors, or low-cost robotics are capturing growing niches of the share, particularly in smaller or geographically remote industrial markets.
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