April 18, 2024

Automation Components Market Size To Gain USD 301.19 Bn by 2032

The automation components market size is poised to grow by USD 301.19 billion by 2032 from USD 129.85 billion in 2023, exhibiting a CAGR of 9.80% during the forecast period 2023-2032. 

Automation Components Market Size 2023 To 2032

Key Takeaways

  • Europe contributed more than 34% of revenue share in 2022.
  • Asia Pacific is estimated to expand the fastest CAGR between 2023 and 2032.
  • By component, the motors segment has held the largest market share of 23% in 2022.
  • By component, the stages segment is anticipated to grow at a remarkable CAGR of 10.4% between 2023 and 2032.
  • By end-user industry, the automotive segment generated over 24% of revenue share in 2022.
  • By end-user industry, the 3D printing segment is expected to expand at the fastest CAGR over the projected period.

Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the Automation components market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.

To begin with, the Automation components Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.

Get a Sample Reporthttps://www.precedenceresearch.com/sample/3528

Automation Components Market Scope

Report Coverage Details
Growth Rate from 2023 to 2032 CAGR of 9.80%
Market Size in 2023 USD 129.85 Billion
Market Size by 2032 USD 301.19 Billion
Largest Market Europe
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered By Component and By End User Industry
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Read More: Air Transport MRO Market Size To Rake USD 129.70 Bn By 2032

The empirical study on the global Automation components market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the Automation components Market. Our market report for the Automation components market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.

Automation Components Market Players

  • Siemens AG
  • ABB Ltd
  • Rockwell Automation, Inc.
  • Schneider Electric SE
  • Mitsubishi Electric Corporation
  • Emerson Electric Co.
  • Honeywell International Inc.
  • General Electric Company
  • Omron Corporation
  • Keyence Corporation
  • Yokogawa Electric Corporation
  • FANUC Corporation
  • Bosch Rexroth AG
  • Parker Hannifin Corporation
  • Schneider Electric SE

Data Sources and Methodology

To gather comprehensive insights on the Global Automation components Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.

We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Automation components Market.

The most resonating, simple, genuine, and important causes because of which you must decide to buy the Automation components market report exclusively from precedence research

  • The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.

Key Features of the Report:

  • Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
  • Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
  • Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.

Market Segmentation:

By Component

  • Rollers
  • Stages
  • Linear Shafts
  • Bushings
  • Linear Guides
  • Locating Pins
  • Bearings
  • Gears
  • Couplings
  • Actuators
  • Motors
  • Sensors
  • Screws

By End User Industry

  • Automotive
  • Consumer Electronics
  • Pharmaceuticals
  • Food and Beverage
  • Packaging
  • 3D Printing
  • Semiconductors
  • Chemical
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Reasons to Consider Purchasing the Report:

  • Enhance your market research capabilities by accessing this comprehensive and precise report on the global Automation components market.
  • Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
  • Benefit from in-depth research and analysis of the latest trends shaping the global Automation components market.
  • Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Automation components market.
  • Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
  • Discover not only the cutting-edge technological advancements in the global Automation components market but also the strategic plans of industry leaders.

Table of Content

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Automation Components Market 

5.1. COVID-19 Landscape: Automation Components Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Automation Components Market, By Component

8.1. Automation Components Market Revenue and Volume, by Component, 2023-2032

8.1.1. Rollers

8.1.1.1. Market Revenue and Volume Forecast (2020-2032)

8.1.2. Stages

8.1.2.1. Market Revenue and Volume Forecast (2020-2032)

8.1.3. Linear Shafts

8.1.3.1. Market Revenue and Volume Forecast (2020-2032)

8.1.4. Bushings

8.1.4.1. Market Revenue and Volume Forecast (2020-2032)

8.1.5. Linear Guides

8.1.5.1. Market Revenue and Volume Forecast (2020-2032)

8.1.6. Locating Pins

8.1.6.1. Market Revenue and Volume Forecast (2020-2032)

8.1.7. Bearings

8.1.7.1. Market Revenue and Volume Forecast (2020-2032)

8.1.8. Gears

8.1.8.1. Market Revenue and Volume Forecast (2020-2032)

8.1.9. Couplings

8.1.9.1. Market Revenue and Volume Forecast (2020-2032)

8.1.10. Actuators

8.1.10.1. Market Revenue and Volume Forecast (2020-2032)

8.1.11. Motors

8.1.11.1. Market Revenue and Volume Forecast (2020-2032)

8.1.12. Sensors

8.1.12.1. Market Revenue and Volume Forecast (2020-2032)

8.1.13. Screws

8.1.13.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 9. Global Automation Components Market, By End User Industry

9.1. Automation Components Market Revenue and Volume, by End User Industry, 2023-2032

9.1.1. Automotive

9.1.1.1. Market Revenue and Volume Forecast (2020-2032)

9.1.2. Consumer Electronics

9.1.2.1. Market Revenue and Volume Forecast (2020-2032)

9.1.3. Pharmaceuticals

9.1.3.1. Market Revenue and Volume Forecast (2020-2032)

9.1.4. Food and Beverage

9.1.4.1. Market Revenue and Volume Forecast (2020-2032)

9.1.5. Packaging

9.1.5.1. Market Revenue and Volume Forecast (2020-2032)

9.1.6. 3D Printing

9.1.6.1. Market Revenue and Volume Forecast (2020-2032)

9.1.7. Semiconductors

9.1.7.1. Market Revenue and Volume Forecast (2020-2032)

9.1.8. Chemical

9.1.8.1. Market Revenue and Volume Forecast (2020-2032)

9.1.9. Others

9.1.9.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 10. Global Automation Components Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Volume Forecast, by Component (2020-2032)

10.1.2. Market Revenue and Volume Forecast, by End User Industry (2020-2032)

10.1.3. U.S.

10.1.3.1. Market Revenue and Volume Forecast, by Component (2020-2032)

10.1.3.2. Market Revenue and Volume Forecast, by End User Industry (2020-2032)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Volume Forecast, by Component (2020-2032)

10.1.4.2. Market Revenue and Volume Forecast, by End User Industry (2020-2032)

10.2. Europe

10.2.1. Market Revenue and Volume Forecast, by Component (2020-2032)

10.2.2. Market Revenue and Volume Forecast, by End User Industry (2020-2032)

10.2.3. UK

10.2.3.1. Market Revenue and Volume Forecast, by Component (2020-2032)

10.2.3.2. Market Revenue and Volume Forecast, by End User Industry (2020-2032)

10.2.4. Germany

10.2.4.1. Market Revenue and Volume Forecast, by Component (2020-2032)

10.2.4.2. Market Revenue and Volume Forecast, by End User Industry (2020-2032)

10.2.5. France

10.2.5.1. Market Revenue and Volume Forecast, by Component (2020-2032)

10.2.5.2. Market Revenue and Volume Forecast, by End User Industry (2020-2032)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Volume Forecast, by Component (2020-2032)

10.2.6.2. Market Revenue and Volume Forecast, by End User Industry (2020-2032)

10.3. APAC

10.3.1. Market Revenue and Volume Forecast, by Component (2020-2032)

10.3.2. Market Revenue and Volume Forecast, by End User Industry (2020-2032)

10.3.3. India

10.3.3.1. Market Revenue and Volume Forecast, by Component (2020-2032)

10.3.3.2. Market Revenue and Volume Forecast, by End User Industry (2020-2032)

10.3.4. China

10.3.4.1. Market Revenue and Volume Forecast, by Component (2020-2032)

10.3.4.2. Market Revenue and Volume Forecast, by End User Industry (2020-2032)

10.3.5. Japan

10.3.5.1. Market Revenue and Volume Forecast, by Component (2020-2032)

10.3.5.2. Market Revenue and Volume Forecast, by End User Industry (2020-2032)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Volume Forecast, by Component (2020-2032)

10.3.6.2. Market Revenue and Volume Forecast, by End User Industry (2020-2032)

10.4. MEA

10.4.1. Market Revenue and Volume Forecast, by Component (2020-2032)

10.4.2. Market Revenue and Volume Forecast, by End User Industry (2020-2032)

10.4.3. GCC

10.4.3.1. Market Revenue and Volume Forecast, by Component (2020-2032)

10.4.3.2. Market Revenue and Volume Forecast, by End User Industry (2020-2032)

10.4.4. North Africa

10.4.4.1. Market Revenue and Volume Forecast, by Component (2020-2032)

10.4.4.2. Market Revenue and Volume Forecast, by End User Industry (2020-2032)

10.4.5. South Africa

10.4.5.1. Market Revenue and Volume Forecast, by Component (2020-2032)

10.4.5.2. Market Revenue and Volume Forecast, by End User Industry (2020-2032)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Volume Forecast, by Component (2020-2032)

10.4.6.2. Market Revenue and Volume Forecast, by End User Industry (2020-2032)

10.5. Latin America

10.5.1. Market Revenue and Volume Forecast, by Component (2020-2032)

10.5.2. Market Revenue and Volume Forecast, by End User Industry (2020-2032)

10.5.3. Brazil

10.5.3.1. Market Revenue and Volume Forecast, by Component (2020-2032)

10.5.3.2. Market Revenue and Volume Forecast, by End User Industry (2020-2032)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Volume Forecast, by Component (2020-2032)

10.5.4.2. Market Revenue and Volume Forecast, by End User Industry (2020-2032)

Chapter 11. Company Profiles

11.1. Siemens AG

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. ABB Ltd

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Rockwell Automation, Inc.

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Schneider Electric SE

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Mitsubishi Electric Corporation

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Emerson Electric Co.

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Honeywell International Inc.

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. General Electric Company

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Omron Corporation

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Keyence Corporation

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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