Automation Components Market Size & Analysis for North America, Europe, APAC, South America, Middle East and Africa - US, UK, France, Germany, China – 2025-2029

Automation Components Market Size 2025-2029

The global automation components market size is expected to grow by USD 140-180 billion at a CAGR of 8%-10% from 2025 to 2029. Exact values for this market can be accessed upon purchasing the report.

This market’s growth is driven by increasing factory automation across diverse sectors, including automotive, aerospace, pharmaceuticals, and consumer electronics. As companies strive to enhance operational efficiency, the demand for smart components like sensors, motors, and actuators is on the rise. Additionally, the growing implementation of automation in manufacturing processes to optimize production, reduce costs, and improve safety is fueling the market expansion.

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How is this Market Segmented?

The automation components market is segmented based on component, end-user industry, and region.

Component

• Rollers
• Linear Shafts
• Linear Guides
• Locating Pins
• Bearings
• Gears
• Couplings
• Actuators
• Motors
• Sensors
• Others

End-User

• Automotive
• Consumer Electronics
• Pharmaceuticals
• Food and Beverage
• Packaging
• 3D Printing
• Semiconductors
• Chemical
• Others

Region

• North America
  • Canada
  • US
• APAC
  • China
  • India
  • Japan
  • South Korea
• Europe
  • Germany
  • UK
  • France
• South America
  • Brazil
• Middle East and Africa

Market Dynamics

What are the Key Market Drivers?

• Industrial automation adoption: As industries focus on increasing efficiency and reducing downtime, automation components are essential for enhancing machinery performance.

• Rising demand for robotics and IoT: The integration of smart components like sensors and actuators into industrial robots is propelling market growth.
• Expanding manufacturing capacities: The increasing demand for consumer goods and industrial products is boosting the need for advanced manufacturing solutions, driving the demand for automation components.

What are the Market Trends Shaping the Automation Components Market?

• Technological advancements in robotics and automation: Automation components are playing a pivotal role in the transformation of production lines, with innovations in robotics, artificial intelligence, and machine learning.

• Smart manufacturing: The rise of Industry 4.0 and connected factory systems is leading to a greater need for automation components that support real-time data collection, analysis, and operational optimization.
• Sustainability in production: As industries focus on reducing their carbon footprint, automation components that enhance energy efficiency are gaining importance.

What Challenges Does the Automation Components Market Face?

• High initial investment: Automation systems often require significant upfront capital, which can be a barrier for small and medium-sized businesses.

• Lack of technical expertise: Many companies still face challenges in deploying and maintaining advanced automation systems due to a shortage of skilled workers.
• Integration complexities: The integration of new automation components with existing systems can be complex and costly, slowing down adoption in certain industries.

Key Companies & Market Insights

Leading players in the automation components market are focused on innovations, partnerships, and acquisitions to expand their market presence. These companies are continuously working to meet the rising demand for automation solutions across diverse sectors. This market research report includes detailed analyses of the competitive landscape of the market and information on close to 20 key companies, including:

• Bosch Rexroth
• Emerson Electric Co.
• Nidec Corporation
• Parker Hannifin Corporation
• Rockwell Automation Inc.
• SKF
• Fluid Power South Inc.
• Shanghai KGG Robots Co., Ltd.
• Automation Component Ltd.
• SDP/SI

Market Scope

Base Year	2024
Forecast Period	2025-2029
Market Size	USD 140-180 Billion
Market Growth	8%-10%
Component	Rollers Linear Shafts Linear Guides Locating Pins Bearings Gears Couplings Actuators Motors Sensors Others
End-User	Automotive Consumer Electronics Pharmaceuticals Food and Beverage Packaging 3D Printing Semiconductors Chemical Others
Regional Landscape	North America Europe APAC South America Middle East and Africa
Key Companies Profiled	Bosch Rexroth Emerson Electric Co. Nidec Corporation Parker Hannifin Corporation Rockwell Automation Inc. SKF Fluid Power South Inc. Shanghai KGG Robots Co., Ltd. Automation Component Ltd. SDP/SI Others

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How the Benefits of a Technavio Market Research Report Can Empower Your Business

Technavio’s reports provide a range of market insights, including:

• A detailed analysis of the market, featuring market size, growth rate, segmentation, and regional performance
• In-depth analysis of the drivers, challenges, and other dynamics that will impact the growth of the market
• Predictions about upcoming trends and changes in consumer behavior
• Detailed information on key market players, including market positioning, product offerings, and more

Table of Contents

1 Executive Summary

• 1.1 Market overview
  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Global Market Characteristics
  • Executive Summary - Chart on Market by Geography
  • Executive Summary - Chart on Market Segmentation
  • Executive Summary - Chart on Incremental Growth
  • Executive Summary - Data Table on Incremental Growth
  • Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

• 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

• 2.2 Criticality of inputs and factors of differentiation
  • Overview on criticality of inputs and factors of differentiation

• 2.3 Factors of disruption
  • Overview on factors of disruption

• 2.4 Impact of drivers and challenges
  • Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

• 3.1 Market ecosystem
  • Parent Market
  • Data Table on - Parent Market

• 3.2 Market characteristics
  • Market characteristics analysis

• 3.3 Value chain analysis
  • Value chain analysis

4 Market Sizing

• 4.1 Market definition
  • Offerings of companies included in the market definition

• 4.2 Market segment analysis
  • Market segments

• 4.3 Market size 2024

• 4.4 Market outlook: Forecast for 2024-2029
  • Chart on Global Market - Market size and forecast 2024-2029 ($ billion)
  • Data Table on Global Market - Market size and forecast 2024-2029 ($ billion)
  • Chart on Global Market: Year-over-year growth 2024-2029 (%)
  • Data Table on Global Market: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

• 5.1 Global Market 2019 - 2023
  • Historic Market Size - Data Table on Global Market 2019 - 2023 ($ billion)

• 5.2 Segment Analysis 2019 - 2023
  • Historic Market Size – Segment Analysis 2019 - 2023 ($ billion)

• 5.4 Geography segment analysis 2019 - 2023
  • Historic Market Size - Geography Segment 2019 - 2023 ($ billion)

6 Qualitative Analysis

• 6.1 Impact of AI on the Global Market

7 Five Forces Analysis

• 7.1 Five forces summary
  • Five forces analysis - Comparison between 2024 and 2029

• 7.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2024 and 2029

• 7.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2024 and 2029

• 7.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2024 and 2029

• 7.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2024 and 2029

• 7.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2024 and 2029

• 7.7 Market condition
  • Chart on market condition - Five forces 2024 and 2029

8 Market Segmentation

• 8.1 Market segments
  • Chart on Segmentation - Market share 2024-2029 (%)
  • Data Table on Segmentation - Market share 2024-2029 (%)

• 8.2 Segment Comparison
  • Chart on Comparison
  • Data Table on Comparison

• 8.3 Segment Market Opportunity
  • Market opportunity ($ billion)
  • Data Table on Market Opportunity ($ billion)

9 Customer Landscape

• 9.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Geographic Landscape

• 10.1 Geographic segmentation
  • Chart on market share by geography 2024-2029 (%)
  • Data Table on market share by geography 2024-2029 (%)

• 10.2 Geographic comparison
  • Chart on Geographic comparison
  • Data Table on Geographic comparison

• 10.3 Market opportunity by geography
  • Market opportunity by geography ($ billion)
  • Data Tables on Market opportunity by geography ($ billion)

11 Drivers, Challenges, and Opportunity/Restraints

• 11.1 Market drivers

• 11.2 Market challenges

• 11.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2024 and 2029

• 11.4 Market opportunities/restraints

12 Competitive Landscape

• 12.1 Overview

• 12.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation

• 12.3 Landscape disruption
  • Overview on factors of disruption

• 12.4 Industry risks
  • Impact of key risks on business

13 Competitive Analysis

• 13.1 Companies profiled
  • Companies covered

• 13.2 Company ranking index
  • Company ranking index

• 13.3 Market positioning of companies
  • Matrix on companies position and classification

14 Appendix

• 14.1 Scope of the report

• 14.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist

• 14.3 Currency conversion rates for US$
  • Currency conversion rates for US$

• 14.4 Research methodology
  • Research methodology

• 14.5 Data procurement
  • Information sources

• 14.6 Data validation
  • Data validation

• 14.7 Validation techniques employed for market sizing
  • Validation techniques employed for market sizing

• 14.8 Data synthesis
  • Data synthesis

• 14.9 360 degree market analysis
  • 360 degree market analysis

• 14.10 List of abbreviations
  • List of abbreviations