The industrial automation market is anticipated to expand at a rapid pace owing to high emphasis of industries and manufacturing to improve the productivity and efficiency of their operations over the coming years.
WESTFORD, Mass., July 31, 2025 /PRNewswire/ — SkyQuest Technology Consulting published a report, titled, Industrial Automation Market – Global Opportunity Analysis and Industry Forecast, 2025-2032″, valued at USD 238.73 billion in 2024. With a projected CAGR of 8.8% from 2025 to 2032, the market is expected to reach USD 468.75 billion by the end of 2032. Advancements in artificial intelligence technologies and surging labor costs are also expected to play a crucial role in bolstering the demand for industrial automations across the study period.
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Industrial Automation Market Dynamics:
Shift of industries and manufacturers towards smart manufacturing to enhance productivity, reduce costs, and ensure flexibility is promoting industrial automation adoption. Industrial automation enables real-time monitoring, predictive maintenance, and streamlined operations via technologies like IoT, AI, and robotics. Companies benefit from reduced downtime, optimized resource use, and data-driven decision-making. This demand for intelligent, adaptive, and connected manufacturing systems is a core driver pushing industrial automation demand beyond 2032.
Another key factor driving the demand for industrial automation is rising labor wages and shortage of skilled labor around the world. As manual labor becomes increasingly scarce or costly, industries are turning to automated systems to maintain productivity and reduce dependency on human workers. This is particularly true in high-precision sectors like semiconductors, aerospace, and logistics. Automation solutions offer consistent quality, round-the-clock operation, and long-term cost savings despite high initial investment.
Recent Developments in Industrial Automation Market
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In May 2025, Schneider Electric India, a renowned provider of automation announced the launch of Open Automation Movement. The initiative is aimed at at liberalizing industrial automation in India and making it more accessible through Open, software-defined automation.
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In November 2024, GigaDevice, a leading Chinese manufacturer of microcontrollers announced the launch of EtherCAT® SubDevice Controller chip. The new solution is tailored to meet the demands of the industrial automation applications such as servo control, variable frequency drives, and industrial PLCs.
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In October 2024, B&R Industrial Automation, a leading automation provider from Austria announced the launch of new X20 Drives. The new solutions are designed for automating machine components such as conveyors and adjustment axes.
