Automation Components Market Size, Share, and Trends 2025 to 2034

The global automation components market size is estimated at USD 155.55 billion in 2025 and is predicted to reach around USD 353.68 billion by 2034, accelerating at a CAGR of 9.55% from 2025 to 2034. The Europe automation components market size surpassed USD 54.44 billion in 2025 and is expanding at a CAGR of 9.70% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : 17 Jan 2025
  • Report Code : 3528
  • Category : Semiconductor and Electronic

Automation Components Market Size and Forecast 2025 to 2034

The global automation components market size was estimated for USD 142.05 billion in 2024 and is anticipated to reach around USD 353.68 billion by 2034, growing at a CAGR of 9.55% from 2025 to 2034. The increasing growth of automation components is noticed due to the rising demand to streamline business operations, reduce errors, and improve work efficiency.

Automation Components Market Size 2025 To 2034

Automation Components Market Key Takeaways

  • Europe dominated the global market with the largest market share of 35% in 2024
  • Asia Pacific is expected to grow at a significant CAGR during the forecast period.
  • By component, the motors segment has held the biggest market share of 25% in 2024.
  • By component, the stages segment is anticipated to grow at a remarkable CAGR during the forecast period.
  • By end-user industry, the automotive segment generated the highest market share of 26% in 2024.
  • By end-user industry, the 3D printing segment is expected to expand at the fastest CAGR over the projected period.

How is Artificial Intelligence (AI) Changing the Automation Components Market

The integration of artificial intelligence in automation components brings business productivity and cost savings and enhances customer experience. This is achieved by analyzing large volumes of data to create predictions. Artificial intelligence utilizes various other technologies to automate repetitive tasks, rule-based tasks, and data-intensive tasks such as algorithms, machine learning, and cognitive computing, which helps minimize human interventions. Additionally, with the help of robotic process automation, business process management, and workflow automation, AI holds the potential to optimize business processes. As there is high adoption of both AI and automation, the future is expected to present an immersive transformation towards augmented intelligence, a collaboration between humans and machines. This is anticipated to offer a wide range of creativity, adaptability, and personalization.

Europe Automation Components Market Size and Growth 2025 to 2034

The Europe automation components market size was estimated at USD 49.72 billion in 2024 and is anticipated to be surpass around USD 125.55 billion by 2034, rising at a CAGR of 9.70% from 2025 to 2034. 

Europe Automation Components Market Size 2025 To 2034

Europe dominated the global market with the largest market share of 35% in 2024. Europe, as a region, defines a dynamic landscape in the automation components market. It encompasses diverse industries and sectors, with a notable emphasis on precision engineering, manufacturing, and industrial innovation. Recent trends in the European automation components market highlight a growing adoption of Industry 4.0 principles, integrating advanced sensors, actuators, and controllers into smart manufacturing systems.

Additionally, there is a heightened focus on sustainable automation solutions to reduce energy consumption and environmental impact, aligning with Europe's commitment to sustainability. These trends signify a region at the forefront of automation technology adoption and environmental consciousness in industrial practices.

Automation Components Market Share, By Region, 2024 (%)

Asia Pacific is expected to grow at a significant CAGR during the forecast period. In the automation components market, this region is witnessing substantial growth owing to rapid industrialization and a thriving manufacturing sector. Notable trends in the Asia Pacific automation components market include a pronounced focus on Industry 4.0 technologies, a rising need for smart manufacturing solutions, and an increasing adoption of automation in sectors such as automotive, electronics, and healthcare. The region's vibrant economic environment remains a driving force behind innovation and the expansion of automation technologies.

Market Overview

Automation components refer to integral elements in industrial automation systems, serving as the core components that facilitate the automation of tasks and processes. These components encompass a diverse set of physical and digital tools, including sensors, actuators, controllers, and communication systems. Sensors are responsible for gathering data from the environment by monitoring variables like temperature, pressure, and position. Controllers process this data and make informed decisions, subsequently transmitting commands to actuators such as motors and valves to execute specific actions. Furthermore, communication systems ensure seamless data exchange among these components, enabling real-time control and monitoring.

Automation components serve as the fundamental building blocks of modern industrial automation, enabling industries to optimize operations, enhance productivity, and minimize human involvement in repetitive or potentially hazardous tasks. Their integration across various sectors, spanning manufacturing, agriculture, and healthcare, has catalyzed a transformation in operations, leading to increased precision, reduced errors, and enhanced safety across a wide array of applications.

Automation Components Market Growth Factors

  • The rising adoption of automation components is driven by the growing demand for industrial robots in manufacturing processes.
  • Automation components contribute to increased efficiency and productivity by streamlining production and reducing manual labor.
  • Automation reduces operational costs through reduced labor requirements and improved resource utilization.
  • Automation components help maintain consistent product quality and reduce defects.
  • The incorporation of Industry 4.0 principles is boosting the demand for smart automation components that enable data-driven decision-making.
  • These sectors utilize automation for precision manufacturing, testing, and maintenance.
  • The automotive sector benefits from automation components in vehicle assembly and quality control.
  • Automation components aid in environmental monitoring and management, ensuring compliance with regulations.
  • The development of smart cities relies on automation components for infrastructure management and services.
  • Automation supports network management and data center operations.
  • The renewable energy sector uses automation components for efficient power generation and distribution.
  • Precision agriculture utilizes automation for planting, harvesting, and monitoring crop health.
  • Automation components play a role in efficient water treatment and distribution systems.
  • The integration of artificial intelligence with automation components is driving innovation in various industries, leading to enhanced decision-making and autonomous systems.

Market Scope

Report Coverage Details
Growth Rate from 2025 to 2034 CAGR of 9.55%
Market Size in 2025 USD 155.55 Billion
Market Size by 2034 USD 353.68 Billion
Largest Market Europe
Base Year 2024
Forecast Period 2025 to 2034
Segments Covered By Component and By End User Industry
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Market Dynamics

Driver

Efficiency and productivity and quality control

Efficiency and productivity are pivotal drivers behind the growing demand for automation components in various industries. Automation systems, equipped with advanced components, enable businesses to streamline their operations and enhance productivity significantly. By automating routine tasks, organizations can operate around the clock, reducing downtime and improving overall output. This boost in efficiency leads to reduced operational costs, as fewer human resources are required for manual labor, and resources are utilized more effectively.

Quality control is another vital factor propelling the market demand for automation components. These components ensure consistent and precise quality standards, minimizing errors and defects in manufacturing and production processes. By automating inspections, measurements, and quality assurance procedures, businesses can deliver higher-quality products or services to their customers.

Improved quality control not only enhances the reputation of businesses but also reduces costly recalls and rework, ultimately leading to increased customer satisfaction. As industries increasingly prioritize efficiency, productivity, and quality, the demand for automation components continues to surge, driving innovation and growth in the automation components market.

Restraint

High initial investment

The substantial initial investment required for automation components serves as a notable impediment to the growth of the market. Incorporating automation systems necessitates a significant financial commitment, encompassing the procurement of hardware, software, and essential infrastructure. This financial outlay can be a formidable deterrent, especially for smaller businesses with constrained budgets, as justifying this upfront cost may be challenging, despite the potential long-term benefits in terms of operational efficiency, productivity gains, and cost reduction.

Moreover, the return on investment (ROI) associated with automation may not manifest immediately, making it a less attractive option for organizations seeking more immediate financial returns. Alongside the cost of the components, there are supplementary expenses tied to system integration, employee training, and potential disruptions during the implementation process. Overcoming this obstacle entails a thorough evaluation of the enduring advantages automation offers and exploring financial strategies or incentives to make the initial investment more feasible. As technology continues to advance and costs potentially decrease, this hindrance may become less onerous over time.

Opportunity

AI and machine learning integration

The integration of AI and machine learning is creating substantial opportunities in the automation components market. These technologies are revolutionizing automation systems by making them smarter and self-learning. Machine learning algorithms excel at sifting through extensive datasets, detecting patterns and trends, ultimately leading to better predictive maintenance, quality assurance, and process optimization. This data-driven methodology elevates efficiency, trims expenses, and lessens operational interruptions.

Moreover, AI integration enables automation components to make autonomous decisions and adapt to changing circumstances, leading to more responsive and intelligent systems. This advancement benefits various industries, boosting efficiency, productivity, and competitiveness. With ongoing progress in AI and machine learning, the automation components market is projected to witness continuous growth, offering opportunities to develop increasingly intelligent and adaptive automation solutions.

Component Insights

The motors segment has held the biggest market share of 25% in 2024. Motors in the automation components market are electromechanical devices designed to convert electrical energy into mechanical motion. They are pivotal for driving various automated systems, including conveyor belts, robotic arms, and manufacturing equipment.

Trends in motor technology are increasingly geared towards energy efficiency and compact designs. Brushless DC motors, for instance, offer improved efficiency and longevity compared to traditional brushed motors. Additionally, the integration of smart sensors and IoT connectivity is becoming more prevalent, allowing for remote monitoring, predictive maintenance, and enhanced automation control, contributing to the evolving landscape of automation components.

The stages segment is anticipated to grow at a remarkable CAGR during the forecast period. In the automation components market, the "Stages" segment refers to the various stages of the automation process, encompassing critical elements such as sensors, actuators, controllers, and communication systems. These components collectively enable the automation of tasks and processes across industries.

Current trends in this segment revolve around the integration of advanced sensors, IoT-enabled devices, and smart controllers. The industry is witnessing a shift towards greater connectivity and data-driven decision-making, enhancing the precision and adaptability of automation systems. As a result, the "Stages" segment continues to evolve to meet the increasing demand for more efficient, intelligent, and interconnected automation solutions.

End User Industry Insights

The automotive segment generated the highest market share of 26% in 2024. In the automation components market, the automotive segment encompasses the integration of automation solutions within the automobile manufacturing process. This involves the use of robotic arms, sensors, actuators, and control systems to streamline vehicle assembly, quality control, and testing procedures.

Trends in the automotive segment of the automation components market include the increasing adoption of collaborative robots (cobots) to work alongside human operators, enhancing precision and safety. Additionally, there is a growing emphasis on the integration of artificial intelligence and machine learning for predictive maintenance, real-time quality control, and the development of autonomous vehicles, driving innovation in the industry.

The 3D printing segment is expected to expand at the fastest CAGR over the projected period. In the automation components market, the 3D printing segment refers to the utilization of automated systems and components for additive manufacturing processes across various industries. This technology involves the layer-by-layer creation of physical objects from digital designs, with applications in aerospace, automotive, healthcare, and more.

A notable trend in the 3D printing segment is the increasing integration of automation components to enhance precision and speed in the production of complex, customized parts. Additionally, advancements in materials and software are expanding the capabilities of 3D printing in end-user industries, driving its growth and adoption.

Automation Components Market Companies

  • 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

Recent Developments

  • In August 2024, Yokogawa Electric Corporation announced its development of the OpreXTM Open Automation SI Kit and the OpreX OPC UA Management Package; this plays a crucial role in the implementation of the Open Process Automation system, which allows end users to select and integrate best-in-class components. 
  • In September 2024, ABB India, a global leader in electrification and automation, launched ABB-free@home® in India, a Smart Home automation system with enhanced interoperability. This modern and comprehensive wireless home automation solution is designed to enhance comfort, security, and energy efficiency for the residential segment. 

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

For questions or customization requests, please reach out to us at sales@precedenceresearch.com

Frequently Asked Questions

The global automation components market size is expected to increase USD 353.68 billion by 2034 from USD 142.05 billion in 2024.

The global automation components market will register growth rate of 9.55% between 2025 and 2034.

The major players operating in the automation components market are 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, and Others.

The driving factors of the automation components market are the growing demand for industrial robots in manufacturing processes and efficiency & productivity and quality control.

Europe region will lead the global automation components market during the forecast period 2025 to 2034.

Ask For Sample

No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client

Meet the Team

Our team of Semiconductor and Electronics industry experts brings a unique blend of technical knowledge, industry experience, and research acumen to every project. Our experts specialize in the full spectrum of the semiconductor and electronics markets, including chip design, manufacturing, supply chain dynamics, consumer electronics, and emerging technologies like 5G, AI, and IoT. What sets our team apart is our ability

Learn more about Precedence Semiconductor and Electronic Experts

With over 14 years of experience, Aditi is the powerhouse responsible for reviewing every piece of data and content that passes through our research pipeline. She is not just an expert—she’s the linchpin that ensures the accuracy, relevance, and clarity of the insights we deliver. Aditi’s broad expertise spans multiple sectors, with a keen focus on ICT, automotive, and various other cross-domain industries.

Learn more about Aditi Shivarkar

Related Reports