Industrial Automation Market to Grow at a CAGR of 8.8% from 2025 to 2032 | SkyQuest Technology Consulting - Seite 3

• By component, the hardware segment dominated the global industrial automation market in 2024 owing to high innovation in hardware components and their crucial in automation.
• By end use industry, the manufacturing segment dominated the global industrial automation market in 2024 on the back of rising manufacturing activity across multiple regions of the world.

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Regional Insights

Implementation of stringent safety regulations and early adoption of automation technologies are making North America an attractive region for industrial automation providers. Presence of key automation companies such as Rockwell Automation and Honeywell is also helping create new demand for industrial automation solutions in Canada and the United States going forward.

Europe industrial automation market is driven by launch of new Industry 4.0 initiatives and rising investments in smart manufacturing technology. European Union's stringent regulatory mandates and rising digitization are also creating new business scope for industrial automation companies. Germany is expected to be at the forefront of industrial automation adoption in this region.

The Asia Pacific region is slated to spearhead the global industrial automation adoption in the long run. Rising investments in adoption of smart manufacturing technologies and robust government support through incentives and subsidies are helping cement the dominance of this region. China, Japan, and South Korea are top countries in the Asia Pacific for industrial automation demand.

In the LAMEA region, the industrial automation market is driven by booming healthcare, manufacturing, and e-commerce sectors. South Africa, Brazil, Saudi Arabia, and Argentina are slated to be the key countries for industrial automation providers operating in this region.

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