Factory Automation Market Size to be Worth USD 446.8 Million by 2035; Surging Demand for Safety and Control Systems to Boost Market Expansion

Factory automation is the implementation of technology and systems to automate a manufacturing process with the ultimate goal of increasing productivity and reducing costs. The ongoing technological advancements, surge in demand for control and safety systems, the development of 5G wireless technology, the adoption of industry 4.0 drive, and others are factors contributing to the factory automation market growth.

Factory Automation Market Segmentation Analysis:

By Component	Software, Hardware, and Services
By Type	Fixed Automation, Programmable Automation, Integrated Automation, and Others
By Application	Quality Control, Maintenance, Packaging, and Others
By End-User	Consumer Goods Manufacturing, Packaging Industry, Food & Beverages Industry, and Others

Factory Automation Market Report Highlights:

• By 2035, the market is predicted to grow by USD 446.8 Million.
• The factory automation market size was worth USD 224.5 Million in 2024.
• Target market is expanding at a CAGR of 7.8%.
• The hardware component segment holds the largest factory automation market share.
• On the basis of type, the fixed automation segment is expected to dominate the market during the forecast period.
• The packaging application segment holds the dominant share of the market.
• By end-user, the market is led by the food & beverages industry segment.
• North America held the largest market share in 2024.
• Asia Pacific is witnessing the fastest growth in factory automation. 

Factory Automation Market Dynamics:

Growth Factor	Challenge Factor	Market Trend
Surging Environmental Regulations Adoption	High Dependence on Technology	Introduction of Smart Manufacturing Concept

Factory Automation Market Key Highlights:

• In November 2022, Mitsubishi Electric Corporation announced “Automating the World” as the global slogan for its Factory Automation Systems business. The new slogan expresses Mitsubishi Electric’s goal to leverage automation for the betterment of global society by combining advanced technology, experience and know-how, and customer support as a trusted partner.
• In November 2021, OMRON Corporation announced that it has signed an agreement with Techman Robot, Inc., a leading global collaborative robot brand. These companies would jointly develop innovative robot solutions to combine OMRON factory automation equipment with Techman's collaborative robots to drive safety and productivity while offering a solution to address the issue of labor shortages at manufacturing sites.

Factory Automation Market Report Analysis:

Three Categories of Manufacturing Systems-

Category	Description
Manual Work System	One (or more) workers performing one (or more) tasks without powered tools. Typical example is the material handling task. In production tasks the use of hand tools is pre-dominant, sometimes with optional work-holder. Examples include: filing milled parts; checking quality of parts with micrometer; moving cartons using a dolly; and, assembling machinery using hand tools.
Worker-Machine Systems	A human worker operates powered equipment, in various combinations of one (or more) workers, and one (or more) pieces of equipment. Relative strengths of humans and machines are combined. Examples include: machinist operating engine lathe; a fitter working with an industrial robot; a crew of workers operating a rolling mill; and personnel performing work on a mechanized conveyor.
Automated Systems	Process is performed by machine without the direct participation of a human worker. Automation uses a programmed of instructions and a control system for implementation; there are two sub-categories: semi-automated, and fully automated. Semi-automation implies only part of the work cycle is completely automated, with other work done by a human worker. A fully automated machine, on the other hand, has the capacity to operate for extended periods of time (longer than one work cycle) with no human interaction. However, although fully automated, human monitoring may still be used. Examples include: injection moulding machines; and automated processes in oil refineries and nuclear power plants.

Browse ∼41 market data tables and ∼43 figures through ∼175 slides and in-depth TOC on “Factory Automation Market Size, Share, By Component (Software, Hardware, and Services), Type (Fixed Automation, Programmable Automation, Integrated Automation, Others), Application (Quality Control, Maintenance, Packaging, and Others), End-User - Consumer Goods Manufacturing, Packaging Industry, and Others), and Region - Trends, Analysis, and Forecast till 2035”

For more insights into the Factory Automation Market and its future trends, visit the link: https://www.prophecymarketinsights.com/market_insight/factory-automation-market-5739

Factory Automation Market Competitive Landscape:

Emerson Electric Co., ABB, Mitsubishi Electric Corporation, ROCKWELL AUTOMATION, OMRON Corporation, Honeywell International Inc., Schneider Electric, SIEMENS, Yokogawa India Ltd., Advanced Integration Technology, LP, FANUC, Festo, KUKA AG, and ADDVERB TECHNOLOGIES LIMITED.

Company Name	SCHNEIDER ELECTRIC
Headquarter	Rueil-Malmaison, France
CEO	Olivier Blum
Employee Count (2024)	168,000 Employees