Automation Industry Growth & Statistics

Global market is projected to grow from $205.86 billion in 2022 to $395.09 billion by 2029, at a CAGR of 9.8%.

Market size was $16.22 billion in 2021 and is expected to reach $31.79 billion by 2029, CAGR of 9.1%.

Market size $263.52 billion in 2021, projected to reach $1,110.10 billion by 2028, CAGR of 22.4%.

Market size $43.8 billion in 2021, expected CAGR of 10.5% until 2030.

Market size $136.55 billion in 2022, expected CAGR of 37.3% from 2023-2030.

Market size $4.3 billion in 2021, projected to reach $7.24 billion by 2030, CAGR of 6.2%.

Market size $382.5 billion in 2021, projected to reach $532.8 billion by 2028, CAGR of 4.9%.

Market size $15.5 billion in 2021, projected to reach $22.1 billion by 2027, CAGR of 6.1%.

Market size $4.3 billion in 2021, projected CAGR of 10% until 2026.

Market size $32.9 billion in 2021, projected to reach $51.9 billion by 2026, CAGR of 9.5%.

Market size $14.5 billion in 2021, projected to reach $19.9 billion by 2026, CAGR of 6.5%.

Market size $16.5 billion in 2021, projected to reach $28.4 billion by 2027, CAGR of 9.6%.

Market size $9.15 billion in 2021, projected to reach $21.6 billion by 2030, CAGR of 10.3%.

Market size $12.3 billion in 2021, projected CAGR of 7.6% until 2028.

Market size $11.2 billion in 2021, projected CAGR of 12.6% until 2027

Market size $5.23 billion in 2021, projected to reach $7.76 billion by 2027, CAGR of 6.8%.

Market size $25.7 billion in 2021, projected CAGR of 5.3% until 2026.

Market size $4.0 billion in 2021, projected CAGR of 22.7% until 2027.

Market size $26.9 billion in 2021, projected CAGR of 11.3% until 2027.

Market size $74.5 billion in 2023, projected CAGR of 8.0% until 2033.

Market size $32.9 billion in 2021, projected to reach $51.9 billion by 2026, CAGR of 9.5%.

Market size $9.15 billion in 2021, projected to reach $21.6 billion by 2030, CAGR of 10.3%.

AI market size $136.55 billion in 2022, CAGR of 37.3% from 2023-2030.

The global warehouse automation market was valued at approximately $15 billion in 2020 and is projected to reach $30 billion by 2026, growing at a CAGR of around 14%.

The pharmaceutical manufacturing market size was valued at $405.52 billion in 2020 and is expected to reach $957.59 billion by 2028, exhibiting a CAGR of 11.3%.

The global food automation market size was valued at $9.2 billion in 2020 and is projected to reach $16.3 billion by 2026, growing at a CAGR of 9.5%.

The global packaging automation market size was valued at $74.5 billion in 2023 and is projected to reach $161.66 billion by 2033, growing at a CAGR of 8.0%.

The global material handling robotics market size was valued at $6.9 billion in 2020 and is expected to reach $20.3 billion by 2028, growing at a CAGR of 14.5%.

The global automotive manufacturing market was valued at $2.7 trillion in 2020 and is projected to reach $3.8 trillion by 2027, growing at a CAGR of 5.5%.

The global electronics manufacturing services (EMS) market size was valued at $476.5 billion in 2020 and is expected to reach $797.94 billion by 2028, growing at a CAGR of 6.6%.

The global textile market size was valued at $993.6 billion in 2021 and is expected to grow at a CAGR of 4.0% from 2022 to 2030.

The global mechanical components market size was valued at $408.5 billion in 2020 and is projected to reach $650.5 billion by 2028, growing at a CAGR of 5.9%.

The global smart agriculture market size was valued at $13.8 billion in 2020 and is expected to reach $30.9 billion by 2026, growing at a CAGR of 12.4%.

The global petrochemicals market size was valued at $539.3 billion in 2020 and is expected to reach $651.1 billion by 2028, growing at a CAGR of 2.7%.

The global oil refining market size was valued at $1.23 trillion in 2020 and is projected to reach $1.73 trillion by 2027, growing at a CAGR of 5.1%.

The global fertilizer market size was valued at $155.80 billion in 2020 and is projected to reach $208.29 billion by 2028, growing at a CAGR of 3.7%.