by The global Automation components market size was estimated to be around US$ 129.85 billion in 2023. It is projected to reach US$ 301.19 billion by 2032, indicating a CAGR of 9.80% from 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.
The market research report on the Automation components market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of Automation components products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.
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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 Reach USD 129.70 Bn By 2032
The report presents the volume and value-based market size for the base year 2022 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.
Focusing on the global Automation components market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the Automation components market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.
Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of Automation components products across different countries and applications.
Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2023 to 2032. It also includes accurate figures for production capacity and production by region during the same period.
The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.
This in-depth research report offers valuable insights into the Automation components market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.
The competitive landscape section of the report provides detailed information on Automation components market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the Automation components market.
Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report
Reasons to Purchase this Report:
- Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
- In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
- Market size in USD million and volume in million units provided for each segment and sub-segment.
- Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
- Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.
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
Segments Covered in the Report
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
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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