Global factory automation market size 2017-2025

Published by Statista Research Department, Dec 18, 2023
This statistic shows projected size of the global factory automation market between 2017 and 2025. The global market for factory automation is expected to increase at an annual compound growth rate of 8.8 percent from 2018 to 2025, reaching over 368 billion U.S. dollars by 2025.

Projected size of the global factory automation market from 2017 to 2025

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Release date

2021

Region

Worldwide

Survey time period

2017

Supplementary notes

This Statista estimate is based on the 2025 values and the compound annual growth rate from 2018 to 2025 of 8.8 percent, which were provided by the source. An exponential development of the market was assumed.
* Forecast
Figures have been rounded.

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