The size of the global industrial automation market reached some 175 billion U.S. dollars in 2020. The market is expected to grow at a compound annual growth rate (CAGR) of around nine percent until 2025. In 2025, the size of the global industrial automation market should reach roughly 265 billion U.S. dollars.
Size of the global industrial automation market from 2020 to 2025
(in billion U.S. dollars)
For the Statista estimate an exponential development of the values between 2020 and 2025 was assumed to estimate the annual values. The values for 2020 and 2025 were provided by the source.
* Forecast.
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Statista. (November 24, 2021). Size of the global industrial automation market from 2020 to 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1219772/industrial-automation-market-size-worldwide/
Statista. "Size of the global industrial automation market from 2020 to 2025 (in billion U.S. dollars)." Chart. November 24, 2021. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1219772/industrial-automation-market-size-worldwide/
Statista. (2021). Size of the global industrial automation market from 2020 to 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1219772/industrial-automation-market-size-worldwide/
Statista. "Size of The Global Industrial Automation Market from 2020 to 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 24 Nov 2021, https://www.statista.com/statistics/1219772/industrial-automation-market-size-worldwide/
Statista, Size of the global industrial automation market from 2020 to 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1219772/industrial-automation-market-size-worldwide/ (last visited November 19, 2024)
Size of the global industrial automation market from 2020 to 2025 (in billion U.S. dollars) [Graph], Statista, November 24, 2021. [Online]. Available: https://www.statista.com/statistics/1219772/industrial-automation-market-size-worldwide/