Asia-Pacific Industrial Automation Market Size was valued at USD 55.5 Billion in 2022. The Industrial Automation market industry is projected to grow from USD 60.6 Billion in 2023 to USD 122.54 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 9.20% during the forecast period (2023 - 2032). The growing focus on quality and precision is one of the major market drivers driving the industrial automation market in Asia-Pacific. Industries are adopting Industrial Automation due to its focus on energy efficiency and sustainable practices in manufacturing processes.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The Asia-Pacific Industrial Automation market CAGR is expanding due to the growing adoption of collaborative robots. Cobots are made to work alongside humans collaboratively, assisting with various tasks and improving overall efficiency on the factory floor. Unlike traditional industrial robots, cobots are more flexible, easier to program, and can adapt to changes in the production environment. This trend is particularly relevant in the context of increasing labor costs and the need for safer and more efficient human-robot collaboration. Industries in the Asia-Pacific region are increasingly deploying cobots in tasks such as pick-and-place, assembly, and quality control. This trend not only enhances productivity but also contributes to a safer working environment for human workers.
Furthermore, the growth of the Industrial Automation market is influenced by integrating digital technologies with industrial processes, leading to the creation of smart factories. This trend involves the use of technologies such as the Internet of Things, artificial intelligence, huge data, and cloud computing to enhance automation and connectivity in manufacturing. In the Asia-Pacific region, there is a growing realization among industries about the potential benefits of Industry 4.0, such as improved efficiency, reduced downtime, predictive maintenance, and enhanced customization of products. Companies are investing in smart technologies to create more agile and responsive manufacturing systems, ultimately contributing to increased competitiveness in the global market. Thus driving the Industrial Automation market revenue.
The Asia-Pacific Industrial Automation market segmentation, based on components, includes Hardware and Software. The hardware segment dominated the market. It comprises essential physical elements such as controllers, sensors, actuators, and other machinery required for industrial automation systems. This crucial segment forms the backbone of automation infrastructure, enabling the seamless integration and functioning of various processes in manufacturing and industrial settings across the Asia-Pacific region. The demand for robust and efficient hardware solutions continues to drive advancements in industrial automation technologies in this dynamic market.
Figure 1: Asia-Pacific Industrial Automation Market, by Component, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The Asia-Pacific Industrial Automation market segmentation, based on system, includes Supervisory Control and Data Acquisition, Distributed Control System, Programmable Logic Control, and Others. The supervisory control & data acquisition category generated the most income. It enables real-time monitoring and control of industrial processes, enhancing efficiency and reliability. With a focus on data acquisition and supervisory control, SCADA systems contribute significantly to streamlined operations across diverse industries in the Asia-Pacific region, driving advancements in industrial automation.
The Asia-Pacific Industrial Automation market segmentation, based on end-users, includes Oil & gas, Automotive, Food and beverage, Chemical and materials, Aerospace and defense, and Others. Automation technologies in this industry enhance operational efficiency, ensure safety, and optimize production processes. Integration of advanced solutions like SCADA, DCS, and robotics has become crucial for real-time monitoring and control in oil and gas facilities. As a result, the demand for industrial automation in the oil and gas sector is growing, contributing substantially to the overall market dynamics in the Asia-Pacific region.
The Asia-Pacific industrial automation market exhibits diverse dynamics across its key countries. China, as a major player, drives the region's growth with robust manufacturing activities and a focus on automation to enhance productivity. India, with its expanding industrial sector, is increasingly adopting automation technologies for efficiency gains. Japan, a technology leader, emphasizes advanced robotics and smart manufacturing. South Korea is notable for its emphasis on innovation and Industry 4.0 adoption. A growing need for sustainable practices characterizes Australia's industrial automation landscape. Southeast Asian nations like Singapore and Malaysia are swiftly embracing automation to bolster their manufacturing capabilities. Overall, the Asia-Pacific industrial automation market reflects a mix of mature and emerging economies, each contributing to the region's technological advancement and industrial transformation.
Figure 2: Asia-Pacific Industrial Automation MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Leading market players are investing majorly in research and development in order to spread their product lines, which will help the Industrial Automation market grow even more. The participants are also undertaking a variety of strategic activities to spread their footprint, with important market developments including product launches, contractual agreements, mergers and acquisitions, major investments, and collaboration with other organizations. To spread and survive in a more competitive and rising market climate, the Industrial Automation industry must offer cost-effective items.
The players in the Industrial Automation market are attempting to raise market demand by investing in research and development operations, including ABB Ltd, Hitachi, Ltd., Mitsubishi Electric Corporation, OMRON Corporation, Rockwell Automation, Inc., Siemens, Yokogawa Electric Corporation, Koyo Electronic Industries, Co., Ltd., Industrial Automation (M) Sdn Bhd, and Emerson Electric Co.
Hitachi, Ltd.
Mitsubishi Electric Corporation
Rockwell Automation, Inc.
Siemens
Yokogawa Electric Corporation
Koyo Electronic Industries Co., Ltd.
Industrial Automation (M) Sdn Bhd
Emerson Electric Co.
February 2021: Mitsubishi Electric announced the establishment of Industrial Mechatronics Systems Works within the premises of the company's Nagoya Works in Nagoya, Japan.
Hardware
Software
Supervisory Control & Data Acquisition
Distributed Control System
Programmable Logic Control
Others
Oil & Gas
Automotive
Food & Beverage
Chemical & Materials
Aerospace & Defense
Others
Asia-Pacific
China
Japan
India
Australia
South Korea
Indonesia
Thailand
Vietnam
Malaysia
Singapore
Rest of Asia-Pacific
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 55.5 Billion |
| Market Size 2023 | USD 60.6 Billion |
| Market Size 2032 | USD 122.5 Billion |
| Compound Annual Growth Rate (CAGR) | 9.20% (2023-2032) |
| Base Year | 2022 |
| Market Forecast Period | 2023-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Component, System, End-user, and Region |
| Region Covered | Asia-Pacific |
| Countries Covered | China, Japan, India, Australia, South Korea, Indonesia, Thailand, Vietnam, Malaysia, Singapore and Rest of Asia-Pacific |
| Key Companies Profiled | ABB Ltd, Hitachi, Ltd., Mitsubishi Electric Corporation, OMRON Corporation Rockwell Automation, Inc., Siemens, Yokogawa Electric Corporation Koyo Electronic Industries Co., Ltd., Industrial Automation (M) Sdn Bhd, and Emerson Electric Co. |
| Key Market Opportunities | Growing adoption of Industry 4.0 principles and technologies |
| Key Market Dynamics | Growing expansion of the manufacturing sector Bolstering focus on energy efficiency and sustainable practices |
Frequently Asked Questions (FAQ) :
The Asia-Pacific Industrial Automation market size was valued at USD 55.5 Billion in 2022.
The market is projected to grow at a CAGR of 9.20% during the forecast period, 2023-2032.
The key players in the market are ABB Ltd, Hitachi, Ltd., Mitsubishi Electric Corporation, OMRON Corporation, Rockwell Automation, Inc., Siemens, Yokogawa Electric Corporation, Koyo Electronic Industries Co., Ltd., Industrial Automation (M) Sdn Bhd, and Emerson Electric Co.
The hardware category dominated the market in 2022.
The supervisory control & data acquisition category had the largest share of the market.
The oil & gas category had the largest share of the market.
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Team Lead - Research she holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.
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