The machinery and industrial automation market size is expected to see strong growth in the next few years. It will grow to $317.21 billion in 2030 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to ai-driven automation growth, industry 4.0 rollout, demand for connected factories, expansion of robotics adoption, real-time process optimization. Major trends in the forecast period include rapid adoption of industrial robots, expansion of smart automation systems, integration of sensors and actuators, growth of digital control platforms, demand for end-to-end automation.
The increasing adoption of the Internet of Things (IoT) is expected to drive the growth of the machinery and industrial automation market in the coming years. The IoT refers to a network of interconnected devices and objects equipped with sensors, software, and other technologies. Its adoption is growing due to its ability to enhance connectivity, enable data-driven insights, and optimize efficiency across industries. IoT supports machinery and industrial automation by providing seamless connectivity and data exchange, improving operational efficiency, and enabling real-time monitoring and control. For example, the State of IoT Spring 2023 report by IoT Analytics, a Germany-based service provider, indicated that there were 14.3 billion active IoT endpoints, with the number projected to grow 16% in 2023, reaching 16.7 billion active endpoints globally. Therefore, the expanding adoption of IoT is fueling the machinery and industrial automation market.
Leading companies in the machinery and industrial automation market are increasingly focusing on developing products such as industrial automation solutions to enhance profitability. Industrial automation products comprise a range of technologies and devices designed to automate and optimize industrial processes. For instance, in May 2023, Renishaw Inc., a UK-based machine industry company, launched a new product line for industrial automation, including the RCS L-90, RCS T-90, and RCS P-series, all supported by a dedicated software suite. The RCS product line addresses key challenges in the global industrial automation sector, focusing on manual setup, calibration, and maintenance of robots. The RCS L-90 is a ball-bar device that improves robot accuracy, reduces deployment time, and monitors robot health, while the RCS T-90 tri-ball bar system helps identify root causes of poor performance and capture critical robot data.
In April 2024, Hitachi Ltd., a Japan-based provider of industrial equipment, automation solutions, and digital manufacturing systems, acquired MA micro automation GmbH for an undisclosed amount. This acquisition is intended to accelerate Hitachi’s global expansion in robotic system integration and industrial automation by incorporating MA micro automation’s high-precision assembly, inspection, and automation capabilities into its portfolio. MA micro automation GmbH, based in Germany, provides robotic automation technologies, including high-speed linear handling systems, high-precision assembly lines, and high-speed vision inspection solutions for medical device manufacturing and other automation-intensive industries.
Major companies operating in the machinery and industrial automation market are Robert Bosch GmbH, Hitachi Ltd., Siemens AG, General Electric Company, Schneider Electric SE, Mitsubishi Electric Corporation, Honeywell International Inc., ABB Ltd., Larsen & Toubro Limited, Eaton Corporation plc, PARKER HANNIFIN CORP, Danfoss A/S, Emerson Electric Co., Rockwell Automation Inc., FANUC Corporation, Omron Corporation, YASKAWA ELECTRIC CORPORATION., Kuka AG, Yokogawa Electric Corporation, Azbil Corporation, Sensirion AG, Dwyer Instruments Ltd, Endress+Hauser Group Services AG, WIKA Instruments India Pvt. Ltd.
Europe was the largest region in the machinery and industrial automation market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the machinery and industrial automation market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the machinery and industrial automation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The machinery and industrial automation market consists of revenues earned by entities by providing services such as engineering and design services, manufacturing and assembly services, implementation and commissioning services, and maintenance and support services. The market value includes the value of related goods sold by the service provider or included within the service offering. The machinery and industrial automation market also includes sales of industrial machinery, industrial robots, control systems and software, and industrial automation components. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Machinery and Industrial Automation Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses machinery and industrial automation market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for machinery and industrial automation? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The machinery and industrial automation market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Report Scope
Markets Covered:
1) By Product Type: Sensors and Actuators; Industrial Robots; Control Systems2) By Automation Technology: Programmable Logic Controller Systems; Supervisory Control and Data Acquisition; Distributed Control System; Robotics
3) By End-User Application: Material Handling and Packaging; Assembly and Disassembly; Process Automation; Quality Control
4) By Industry Vertical: Manufacturing; Energy and Utilities; Chemicals and Pharmaceuticals; Food and Beverage
Subsegments:
1) By Sensors and Actuators: Proximity Sensors; Temperature Sensors; Pressure Sensors; Optical Sensors; Force or Torque Sensors; Rotary Actuators; Linear Actuators; Pneumatic Actuators; Hydraulic Actuators2) By Industrial Robots: Articulated Robots; SCARA Robots (Selective Compliance Assembly Robot Arm); Cartesian Robots (XYZ Robots); Delta Robots; Collaborative Robots (Cobots); Parallel Robots
3) By Control Systems: Programmable Logic Controllers (PLCs); Distributed Control Systems (DCS); Supervisory Control and Data Acquisition (SCADA); Human Machine Interfaces (HMIs); Motor Drives and Controllers; Safety Instrumented Systems (SIS); Machine Vision Systems
Companies Mentioned: Robert Bosch GmbH; Hitachi Ltd.; Siemens AG; General Electric Company; Schneider Electric SE; Mitsubishi Electric Corporation; Honeywell International Inc.; ABB Ltd.; Larsen & Toubro Limited; Eaton Corporation plc; PARKER HANNIFIN CORP; Danfoss a/S; Emerson Electric Co.; Rockwell Automation Inc.; FANUC Corporation; Omron Corporation; YASKAWA ELECTRIC CORPORATION.; Kuka AG; Yokogawa Electric Corporation; Azbil Corporation; Sensirion AG; Dwyer Instruments Ltd; Endress+Hauser Group Services AG; WIKA Instruments India Pvt. Ltd
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Machinery and Industrial Automation market report include:- Robert Bosch GmbH
- Hitachi Ltd.
- Siemens AG
- General Electric Company
- Schneider Electric SE
- Mitsubishi Electric Corporation
- Honeywell International Inc.
- ABB Ltd.
- Larsen & Toubro Limited
- Eaton Corporation plc
- PARKER HANNIFIN CORP
- Danfoss A/S
- Emerson Electric Co.
- Rockwell Automation Inc.
- FANUC Corporation
- Omron Corporation
- YASKAWA ELECTRIC CORPORATION.
- Kuka AG
- Yokogawa Electric Corporation
- Azbil Corporation
- Sensirion AG
- Dwyer Instruments Ltd
- Endress+Hauser Group Services AG
- WIKA Instruments India Pvt. Ltd
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 238.48 Billion |
| Forecasted Market Value ( USD | $ 317.21 Billion |
| Compound Annual Growth Rate | 7.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 25 |


