PUBLISHER: TechNavio | PRODUCT CODE: 1685010
PUBLISHER: TechNavio | PRODUCT CODE: 1685010
Automation Market In Automotive Industry 2025-2029
The automation market in automotive industry is forecasted to grow by USD 2640.1 million during 2024-2029, accelerating at a CAGR of 4.5% during the forecast period. The report on the automation market in automotive industry provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by demand for enhanced visibility and flexibility in manufacturing, rising technological advances in PLC, and integration of manufacturing execution system (MES), product lifecycle management (PLM), and enterprise resource planning (ERP).
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 4.2% |
CAGR | 4.5% |
Incremental Value | $2640.1 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's automation market in automotive industry is segmented as below:
By Technology
By End-user
By Geographical Landscape
This study identifies the emergence of smart manufacturing as one of the prime reasons driving the automation market in automotive industry growth during the next few years. Also, emergence of industrial wireless sensing technology (IWSN) and cloud-based MES gaining traction in automotive industry will lead to sizable demand in the market.
The report on the automation market in automotive industry covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automation market in automotive industry vendors that include ABB Ltd., Applied Materials Inc., Aurotek Corp. Inc., Auto Control Systems, Denso Robotics, Emerson Electric Co., FANUC Bulgaria EOOD, Festo SE and Co. KG, General Electric Co., Kawasaki Heavy Industries Ltd., KUKA AG, Mitsubishi Electric Corp., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Yaskawa Electric Corp., and Yokogawa Electric Corp.. Also, the automation market in automotive industry analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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