Industrial automation is the use of information technology and control systems (computers and set of devices) by replacing the human operator with these systems in order to control and regulate various industrial processes. In t ....see more
The North American NDT and inspection market is projected to grow from USD 5.16 billion in 2025 to USD 7.71 billion by 2030, at a CAGR of 8.4% from 2025 to 2030. The report profiles key players, such as SGS SA (Switzerland), Bureau Veritas (France), Baker Hughes Company (US), Applus+ (Spain), MISTRAS Group (US), Intertek Group plc (UK), Wabtec Corporation (US), Ashtead Technology (Scotland), Amerapex Corporation (US), Acuren (US), TEAM, Inc. (US), FPrimeC Solutions Inc. (Canada), Carestream Health (US), Magnaflux (US), and Eddyfi Technologies (Canada).
The food & beverage automated storage and retrieval system (ASRS) market is expected to grow from USD 1.48 billion in 2025 to USD 2.35 billion by 2030, at a compound annual growth rate (CAGR) of 9.7% during the forecast period. The Key Players DAIFUKU CO., LTD. (Japan), Murata Machinery, Ltd. (Japan), SSI SCHAEFER (Germany), TGW Logistics Group (Austria), and Toyota Industries Corporation (Japan).
The North America augmented and virtual reality market is likely to be valued at USD 10.25 billion in 2025 and USD 39.96 billion by 2030, exhibiting a CAGR of 31.3% from 2025 to 2030.The Key Players Meta. (US), Apple Inc. (US), Intel Corporation (US), Magic Leap, Inc. (US), Ultraleap (US), Vuzix (US), Google (US), Microsoft (US), EON Reality (US), and Atheer, Inc. (US).
The services NDT and inspection market is expected to grow from USD 11.41 billion in 2025 to USD 17.31 billion by 2030, at a CAGR of 8.7% from 2025 to 2030. The Key Players SGS Société Générale de Surveillance SA (SGS SA) (Switzerland), Bureau Veritas (France), Baker Hughes Company (US), Applus+ (Spain), and Intertek Group plc (UK).
The automated material handling equipment (AMHE) market in North America is projected to be valued at USD 9.67 billion in 2025 and USD 14.98 billion by 2030, registering a CAGR of 9.2%. Major companies operating in the automated material handling equipment market in North America are Daifuku Co., Ltd. (Japan), JBT (US), Hyster-yale Material Handling, Inc. (US), Toyota Industries Corporation (Japan), and Honeywell International Inc. (US).
The North America Silicon Carbide (SiC) market is projected to reach USD 1.47 billion by 2030 from USD 0.53 billion in 2025, at a compound annual growth rate (CAGR) of 22.8% during the forecast period. Key companies operating in the North America Silicon Carbide (SiC) market include STMicroelectronics (Switzerland), Semiconductor Components Industries, LLC (US), Infineon Technologies AG (Germany), WOLFSPEED, INC. (US), and ROHM Co., Ltd. (Japan).
The Europe temperature sensor market is projected to grow from USD 1.21 billion in 2025 to USD 1.42 billion by 2030, at a CAGR of 3.3% The Key Players Honeywell International Inc. (US), Texas Instruments Incorporated (US), TE Connectivity (Switzerland), Endress+Hauser Group Services AG (Switzerland), Emerson Electric Co. (US), Analog Devices, Inc. (US), Amphenol Corporation (US), and Microchip Technology Inc. (US).
The North America smart factory market is expected to grow from USD 29.22 billion in 2025 to USD 47.69 billion by 2030, at a CAGR of 10.3% from 2025 to 2030. The key Players Siemens AG (Germany), Schneider Electric (France), ABB (Switzerland), Emerson Electric Co. (US), Rockwell Automation Inc. (US), GE Vernova (US), Honeywell International Inc. (US), Mitsubishi Electric Corporation (Japan), Endress+Hauser Group Services AG (Switzerland), and Yokogawa Electric Corporation (Japan)
The Europe digital twin market is expected to grow from USD 7.08 billion in 2025 to USD 49.32 billion by 2030, at a compound annual growth rate (CAGR) of 47.4% during the forecast period. The Key Players Siemens (Germany), GE Vernova (US), ANSYS, Inc. (US), PTC (US), Dassault Systemes (France), Honeywell International Inc. (US), Rockwell Automation (US), Emerson Electric Co. (US).
The North America digital twin market is expected to grow to USD 58.92 billion by 2030 from USD 8.08 billion in 2025, with a CAGR of 48.8% from 2025 to 2030. The Key Players Siemens (Germany), GE Vernova (US), ANSYS, Inc. (US), PTC (US), Dassault Systčmes (France), Honeywell International Inc. (US), Rockwell Automation (US), Emerson Electric Co. (US).
Asia Pacific IoT Technology Market
The Asia Pacific automated storage and retrieval system (ASRS) market is expected to grow from USD 3.67 billion in 2025 to USD 5.89 billion by 2030, registering a CAGR of 9.9%. The Key Players DAIFUKU CO., LTD. (Japan), Murata Machinery, Ltd. (Japan), Toyota Industries Corporation (Japan), SSI SCHAEFER (Germany), and IHI Corporation (Japan).
The North America Home Automation System Market is anticipated to grow from USD 19.79 billion in 2025 to USD 25.74 billion by 2030, at a CAGR of 5.4% from 2025 to 2030. The Key Players include Johnson Controls Inc. (Ireland), Schneider Electric (France), Siemens (Germany), Resideo Technologies Inc. (US), and Legrand (France), among others.
The Asia Pacific fire protection system market is projected to reach USD 34.02 billion by 2030, from USD 23.14 billion in 2025, with a CAGR of 8.0%. The key players HOCHIKI Corporation (Japan), Honeywell International Inc. (US), Johnson Controls (Ireland), Siemens (Germany), and Robert Bosch GmbH (Germany),
The Asia Pacific hyperspectral imaging systems market is expected to be valued at USD 0.23 billion in 2025 and USD 0.48 billion by 2030, exhibiting a CAGR of 16.1% during the forecast period. The Key players Corning Incorporated (US), HORIBA (Japan), Bayspec, INC. (US), SPECIM, SPECTRAL IMAGING LTD. (Finland), and Malvern Panalytical Ltd (UK).
Europe Automated Material Handling Equipment Market
The oil and gas NDT and inspection market is projected to grow from USD 4.06 billion in 2025 to USD 6.20 billion by 2030, at a CAGR of 8.8% from 2025 to 2030. The report profiles key players such as SGS SA (Switzerland), Bureau Veritas (France), Baker Hughes Company (US), Applus+ (Spain), Intertek Group plc (UK), MISTRAS Group (US), Ashtead Technology (Scotland), TÜV Rheinland (Germany), DEKRA (Germany), Comet Group (Switzerland), Cygnus Instruments Ltd. (UK), Element Materials Technology (UK), Helmut Fischer GmbH (Germany), Nikon Metrology NV (Belgium), and Sonatest (UK).
The North America smart home market is expected to reach USD 32.58 billion in 2025 and USD 45.68 billion by 2030, exhibiting a CAGR of 7.0% during the forecast period. The key players include Johnson Controls Inc. (Ireland), Honeywell International Inc. (US), Schneider Electric (France), Siemens (Germany), and ASSA ABLOY (Sweden), among others.
The North America head-up display market is projected to reach USD 1.90 billion by 2030 from USD 1.15 billion in 2025, exhibiting a CAGR of 10.7%. The Key Players Nippon Seiki Co., Ltd., Continental AG, DENSO CORPORATION, E-LEAD ELECTRONIC CO. LTD, BAE Systems, Yazaki Corporation, HARMAN International, Valeo, Panasonic Holdings Corporation, and Garmin Ltd.
The Asia Pacific industrial control and factory automation market is expected to grow from USD 95.73 billion in 2025 to USD 194.52 billion by 2032, at a CAGR of 10.7% from 2025 to 2032. The key players include ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Mitsubishi Electric Corporation (Japan), FANUC Corporation (Japan), Emerson Electric Co. (US), GE Vernova (US), Rockwell Automation (US), Honeywell International Inc. (US), Yokogawa Electric Corporation (Japan), OMRON Corporation (Japan), among others.
The Europe smart factory market is expected to grow from USD 24.13 billion in 2025 to USD 45.60 billion by 2032, at a CAGR of 9.5% from 2025 to 2032. The Key Players Siemens AG (Germany), Schneider Electric (France), ABB (Switzerland), Emerson Electric Co. (US), Rockwell Automation Inc. (US), GE Vernova (US), Honeywell International Inc. (US), Mitsubishi Electric Corporation (Japan), Endress+Hauser Group Services AG (Switzerland), Yokogawa Electric Corporation (Japan), among others.
The North America smart irrigation market is valued at USD 0.66 billion in 2025 and projected to reach USD 1.11 billion by 2030, exhibiting a CAGR of 10.9% between 2025 and 2030.
The global automatic checkweigher market size is estimated to be USD 1.02 billion in 2026 and USD 1.39 billion by 2032, growing at a CAGR of 5.3% during the forecast period. The Key Players METTLER TOLEDO (Switzerland), Ishida Co., Ltd. (Japan), Anritsu Corporation (Japan), Thermo Fisher Scientific Inc. (US), Minebea Intec GmbH (Germany), JBT Marel Corporation (US), WIPOTEC (Germany), Bizerba (Germany), Loma Systems (UK), and MULTIVAC (Germany).
The global warehouse robotics software market is projected to grow from USD 2.45 billion in 2025 to USD 4.47 billion by 2031, at a CAGR of 10.5%. Key players include Symbotic (US), Locus Robotics (US), 6 River Systems (US), Zebra Technologies (US), GreyOrange (US), Geek+ (China), Berkshire Grey (US), Dematic (Germany), Fetch Robotics (US), and inVia Robotics (US).
The AI video analytics for smart cities market is projected to reach USD 28.76 billion by 2030 from USD 8.50 billion in 2025, at a CAGR of 27.6%. The key players include Hikvision, Dahua, Motorola Solutions/Avigilon, Honeywell, Huawei, NEC, Genetec, BriefCam/Canon, Axis Communications, and Milestone Systems/Canon.
The control valve market is projected to reach USD 13.99 billion by 2032 from USD 10.81 billion in 2026, at a CAGR of 4.4%. The control valve market includes many major Tier I and II players. Emerson Electric Co. (US), Flowserve Corporation (US), SLB (US), KITZ Corporation (Japan), Valmet (Finland), IMI plc (UK), Crane Holdings Co. (US), Curtiss-Wright Corporation (US), SB SE & Co. KGaA (Germany), and Baker Hughes Company (US) are among a few key players.
The smart manufacturing market is projected to reach USD 995.67 billion by 2032 from an estimated USD 380.21 billion in 2026, growing at a CAGR of 17.4 % during the forecast period. The key players include Siemens (Germany), ABB (Switzerland), Honeywell international Inc. (US), Rockwell Automation (US), Emerson Electric Co. (US), Schneider Electric (France), Yokogawa Electric Corporation (Japan), FANUC Corporation (Japan), 3D Systems, Inc (US), Cisco Systems, Inc. (US), IBM (US), Mitsubishi Electric Corporation (Japan), Oracle (US), SAP (Germany), and Stratasys (US).
The industrial valve market is projected to reach USD 147.19 billion by 2032 from USD 108.36 billion in 2026, at a CAGR of 5.2%. The key players include Emerson Electric Co. (US), SLB (US), Flowserve Corporation (US), IMI plc (UK), Neway Valve (China), Crane Co. (US), KITZ Corporation (Japan), Parker Hannifin Corporation (US), Alfa Laval AB (Sweden), KSB SE & Co. KGaA (Germany), Curtiss-Wright Corporation (US), Spirax Group (UK), Watts Water Technologies (US), Bray International (US), and CIRCOR International (US) are among the key players.
The process analyzer market was valued at USD 8.38 billion in 2025 and is projected to reach USD 11.43 billion by 2032, growing at a CAGR of 4.7% during the forecast period. Major companies operating in the process analyzer market include Emerson Electric Co. (US), ABB (Switzerland), Yokogawa Electric Corporation (Japan), Thermo Fisher Scientific Inc. (US), and Endress+Hauser AG (Switzerland).
The global 3D Machine Vision market is projected to grow from USD 5.04 billion in 2025 to USD 10.56 billion by 2032, registering a CAGR of 11.5% during the forecast period. The key players include Cognex Corporation (US), KEYENCE CORPORATION (Japan), Teledyne Technologies Inc. (US), TKH (Netherlands), and Atlas Copco AB (Sweden).
The global pharmaceutical manufacturing equipment market is likely to be valued at USD 21.24 billion in 2026 and USD 30.39 billion by 2032, registering a CAGR of 6.2% during the forecast period. Leading players in the global pharmaceutical manufacturing equipment market include GEA Group Aktiengesellschaft (Germany), IMA Industria Macchine Automatiche S.p.A (Italy), Syntegon Technology GmbH (Germany), ACG (India), Thermo Fisher Scientific Inc (US), Körber AG (Germany), Coperion GmbH (Germany), Romaco Group (Germany), Marchesini Group S.p.A (Italy), and Bausch+Ströbel SE + Co. KG (Germany).
The global home automation system market is projected to reach USD 80.73 billion by 2032, growing from USD 57.71 billion in 2026 at a CAGR of 5.8% during the forecast period. The key players include Johnson Controls (Ireland), Schneider Electric (France), Siemens (Germany), Honeywell (US), ASSA ABLOY (Sweden), Apple (US), ABB (Switzerland), Robert Bosch (Germany), Legrand (France), and ADT (US).
The global autonomous mobile robots (AMR) market is projected to grow from USD 2.75 billion in 2026 to USD 7.07 billion by 2032, registering a CAGR of 14.4%. The key players include ABB (Switzerland), KUKA SE & CO. KGAA (Germany), OMRON Corporation (Japan), Geekplus Technology Co., Ltd. (China), and Mobile Industrial Robots (Denmark).
The global AI in supply chain market is projected to grow from USD 13.93 billion in 2025 to USD 50.41 billion by 2032 at a CAGR of 20.2%. The key players SAP SE (Germany), Oracle (US), Blue Yonder Group, Inc. (US), Kinaxis Inc. (Canada), and Manhattan Associates (US).
The global automated guided vehicle (AGV) market is projected to grow from USD 2.68 billion in 2025 to USD 4.72 billion by 2032, registering a CAGR of 8.7% during the forecast period. Daifuku Co., Ltd. (Japan), Toyota Industries Corporation (Japan), KUKA SE & Co. KGaA (Germany), KION GROUP AG (Germany), and JBT (US).
The industrial control & factory automation is projected to be worth USD 274.99 billion in 2025 and is expected to reach USD 435.24 billion by 2030, at a CAGR of 9.6% from 2025 to 2030. ABB (Switzerland), Emerson Electric Co. (US), Siemens (Germany), Schneider Electric (France), and Mitsubishi Electric Corporation (Japan) are the key players in the industrial control & factory automation market. Market participants have diversified their offerings and expanded globally through strategic growth methods such as launching new products, collaborations, alliances, and partnerships.
The calcium acetate market is projected to grow from USD 0.14 billion in 2025 to USD 0.16 billion by 2030, at a CAGR of 4.0% during the forecast period. The Key Players Dr. Paul Lohmann GmbH & Co. KGAA (Germany), Kerry Group (Ireland), Jiangsu Kolod Food Ingredients Co., Ltd. (China), Jiangsu Aolikai Food Technology Co., Ltd. (China), Macco (Canada), Fengchen Group Co., Ltd. (China), Vasa Pharmachem Pvt. Ltd. (India), Tengzhou Aolong Chemical Co., Ltd. (China), Shanxi Zhaoyi Chemical Co., Ltd. (China), and Shandong Aojin Chemical Technology Co., Ltd. (China).
The Machine safety market size is expected to grow from USD 5.66 billion in 2025 to USD 7.45 billion in 2030, at a compound annual growth rate (CAGR) of 5.7% during the forecast period. The Key Players Siemens (Germany), Schneider Electric (France), KEYENCE CORPORATION (Japan), Rockwell Automation (US), and Emerson Electric Co. (US).
The global fire protection system market is expected to grow from USD 85.06 billion in 2025 to USD 118.14 billion by 2030, at a compound annual growth rate (CAGR) of 6.8% during the forecast period. The Key Players Johnson Controls (Ireland), Honeywell International Inc. (US), Siemens (Germany), Robert Bosch GmbH (Germany), and Eaton (Ireland).
The global Automated Material handling Equipment market is expected to grow from USD 33.39 billion in 2025 to USD 51.22 billion by 2030, at a compound annual growth rate (CAGR) of 8.9% during the forecast period.The key players Daifuku Co., Ltd. (Japan), KION GROUP AG (Germany), SSI SCHAEFER (Germany), Toyota Industries Corporation (Japan) and Honeywell International Inc. (US).
The global warehouse management system market is expected to grow from USD 4.57 billion in 2025 to USD 10.04 billion in 2030, at a compound annual growth rate (CAGR) of 17.1% during the forecast period. The Key Players Manhattan Associates (US), Blue Yonder Group, Inc. (US), Körber AG (Germany), Oracle (US), and SAP SE (Germany).
The cryocooler market is expected to grow from USD 3.48 billion in 2025 to USD 4.90 billion by 2030, at a compound annual growth rate (CAGR) of 7.1% during the forecast period. The Key Players Sumitomo Heavy Industries, Ltd. (Japan), Thales (France), AMETEK.Inc. (US), Edwards Vacuum (UK), Chart Industries, Inc. (US), Air Liquide Advanced Technologies (France), ULVAC CRYOGENICS INC. (Japan), RICOR (Israel), Bluefors (Finland), and Northrop Grumman (US).
The global cold chain monitoring market is expected to grow from USD 8.31 billion in 2025 to USD 15.04 billion by 2030, at a compound annual growth rate (CAGR) of 12.6% during the forecast period. The Key Players Carrier (US), Testo SE & Co. KGaA (Germany), Cryoport Inc. (US), ORBCOMM (US), Controlant hf. (Iceland), Zebra Technologies Corp. (US), Xylem (US), Digi International Inc. (US), AgroFresh (US), and Rotronic AG (Switzerland).
The global oil condition monitoring market is expected to grow from USD 1.27 billion in 2025 to USD 1.78 billion by 2030, at a compound annual growth rate (CAGR) of 7.0% during the forecast period. The Key Players Parker Hannifin Corp (US), Schaeffler AG (Germany), ifm electronic gmbh (Germany), Eaton (Ireland), and TE Connectivity (Ireland).
The HVAC system market is expected to grow from USD 299.28 billion in 2025 to USD 407.77 billion by 2030, at a compound annual growth rate (CAGR) of 6.4% during the forecast period. The Key Players Carrier (US), DAIKIN INDUSTRIES, Ltd. (Japan), LG Electronics (South Korea), Lennox International Inc. (US), Midea (China), Johnson Controls (Ireland), Trane Technologies plc (Ireland), Honeywell International Inc. (US), Mitsubishi Electric Corporation (Japan), SAMSUNG (South Korea), GREE ELECTRIC APPLIANCES, INC. OF ZHUHAI (China), Fujitsu General (Japan), Panasonic Holdings Corporation (Japan), Robert Bosch Group (Germany), Modine (US), Haier Group (China), Whirlpool Corporation (US), Electrolux (Sweden), Ferroli (Italy), Vaillant Group (Germany), Rheem Manufacturing Company (US), American Standard Heating and Air Conditioning (US), WM Technologies LLC (US), Nortek Air Management (US), Systemair AB (Sweden), and AAON (US).
The industrial services market is expected to grow from USD 34.41 billion in 2025 to USD 54.69 billion by 2030, at a compound annual growth rate (CAGR) of 9.7% during the forecast period. The Key Players ABB (Switzerland), Honeywell International Inc. (US), Rockwell Automation (US), Schneider Electric (France), Siemens (Germany), GE Vernova (US), Emerson Electric Co. (US), Yokogawa Electric Corporation (Japan), Eaton (Ireland), Mitsubishi Electric Corporation (Japan), ATS Corporation (sCanada), Metso (Finland), Yaskawa Electric Corporation (Japan), SKF (Sweden), and Atlas Copco AB (Sweden).
The global machine control system market is expected to grow from USD 6.03 billion in 2025 to USD 8.93 billion by 2030, at a compound annual growth rate (CAGR) of 8.2% during the forecast period. The Key Players Hexagon AB (Sweden), Trimble Inc. (US), Topcon Corporation (Japan), MOBA Mobile Automation AG (Germany), and Hemisphere GNSS (US).
The global valve positioner market is expected to grow from USD 2.07 billion in 2025 to USD 2.56 billion by 2030, at a compound annual growth rate (CAGR) of 4.4 % during the forecast period. The key Players Emerson Electric Co. (US), ABB (Switzerland), Siemens (Germany), Flowserve Corporation (US), and Schneider Electric (France).
The sprinkler irrigation systems market is expected to grow from USD 34.68 billion in 2025 to USD 41.56 billion by 2030, at a compound annual growth rate (CAGR) of 3.7% during the forecast period. The Key Players Konecranes (Finland), Liebherr (Switzerland), Tadano Ltd. (Japan), The Manitowoc Company, Inc. (US), Zoomlion Heavy Industry Science & Technology Co., Ltd. (China), Terex Corporation (US), Ingersoll Rand (US), PALFINGER AG (Austria), Columbus McKinnon Corporation (US), KOBE STEEL, LTD. (Japan), XCMG Group (China), Sumitomo Heavy Industries, Ltd. (Japan), ABUS Kransysteme GmbH (Germany), Mammoet (Netherlands), KATO WORKS CO., LTD. (Japan).
The global SCADA market is expected to grow from USD 12.89 billion in 2025 to USD 20.05 billion by 2030, at a compound annual growth rate (CAGR) of 9.2% during the forecast period. The Key Players Rockwell Automation (US), Schneider Electric (France), ABB (Switzerland), Siemens (Germany)and Emerson Electric Co.(US)