Global Industrial Automation Services Market is predicted to reach USD 322.2 billion at a CAGR of 14.20% during the forecast period:

Market Research Future (MRFR) has published a cooked research report on the “Global Industrial Automation Services Market” that contains information from 2023 to 2030. The Global Industrial Automation Services Market is estimated to register a CAGR of 14.20% during the forecast period of 2023 to 2030.

MRFR recognizes the following companies as the key players in the Global Industrial Automation Services Market— ABB Ltd., Johnson Controls Inc., General Electric Company, Schneider Electric SE, Honeywell International Inc., Mitsubishi Electric Corporation, Yokogawa Electric, and Rockwell Automation Inc.

Industrial Automation Services Market Highlights

The Global Industrial Automation Services Market is accounted to register a CAGR of 14.20% during the forecast period and is estimated to reach USD 322.2 Billion by 2030.The Global Industrial Automation Services Market refers to the worldwide industry that provides various services related to the design, implementation, maintenance, and optimization of automation solutions in industrial settings. Industrial automation services encompass a wide range of activities and technologies aimed at improving the efficiency, productivity, quality, and safety of industrial processes and operations.

The market for industrial automation services is driven by the growing need for operational efficiency, increased production output, improved product quality, and worker safety. Advancements in technologies like the Industrial Internet of Things (IIoT), artificial intelligence (AI), robotics, and cloud computing have further expanded the capabilities and opportunities within this market.

Segment Analysis

The Global Industrial Automation Services Market has been segmented based on service and application.

• On the basis of service, the market is segmented into Consulting Services, System Integration, Professional Service and Technical Training. The consulting services category generated the most income (31.5%) due to the consultations and services offered for treating patients' health issues, including curative, palliative, rehabilitative, and curative care.


• Based on application, the market has been segmented into Transportation & Logistics, Automotive, Energy & Power Systems and Mining & Metals. The automotive segment dominated the industrial automation services market, accounting for 35% of market revenue. The automotive industry is expected to receive further growth as more people opt to replace conventional vehicles with alternative fuel vehicles.

Regional Analysis

The Global Industrial Automation Services Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Industrial Automation Services Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Industrial Automation Services Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Global Industrial Automation Services Market comprises of Middle East, Africa, and Latin America.

• North America has a well-established industrial base and is one of the early adopters of industrial automation technologies. The United States and Canada have industries spanning manufacturing, oil and gas, automotive, aerospace, and more, all of which drive the demand for automation services. The need for enhancing operational efficiency and competitiveness further fuels the demand for automation services.


• Europe hosts a diverse range of industries, including automotive, pharmaceuticals, chemicals, and machinery, which are all prime candidates for automation. The region's emphasis on energy efficiency and sustainability drives investments in automation for optimizing resource utilization.


• Asia-Pacific is witnessing rapid industrialization and urbanization, leading to substantial demand for automation services across various industries. Labor cost reduction, improving product quality, and increasing production capacity are major factors driving the adoption of automation services.


• Furthermore, the rest of the world's Global Industrial Automation Services Market is divided into the Middle East, Africa, and Latin America. Latin America's industrial automation services market is growing as industries in the region seek to improve efficiency and compete globally.Economic fluctuations and political instability in some countries can influence the pace of automation adoption.

Key Findings of the Study

• The Global Industrial Automation Services Market is expected to reach USD 322.2 Billion by 2030, at a CAGR of 14.20% during the forecast period.


• The North American region accounted for the fastest-growing global market due to automation and smart manufacturing technologies are increasingly being adopted throughout the region's diverse industries.


• Based on application, the market has been segmented into Transportation & Logistics, Automotive and Energy & Power Systems holding the largest market in 2022.


• ABB Ltd., Johnson Controls Inc., General Electric Company, Schneider Electric SE, Honeywell International Inc., Mitsubishi Electric Corporation, Yokogawa Electric, and Rockwell Automation Inc.