Automation Components Market By Components, By End User Industry : Global Opportunity Analysis and Industry Forecast, 2021-2031

List of Tables

The global automation components market was valued at $116,693.1 million in 2021 and is projected to reach $296,815.8 million by 2031, registering a CAGR of 9.6% from 2022 to 2031.

Mechanical equipment is engineered smarter by using automation components, which increase machines capability. The conversion of machinery to intelligent machinery is facilitated by components such as sensors, motors, and actuators which creates the demand for automation components.

Aerospace, defense, medical, steel & metal, electronic, and industrial industries are just a few of the industries that can use automation components. The demand for basic goods like electronics, home care, food, beverages, and medications has expanded dramatically in developing countries like India, China, and Africa due to the exponential growth in the world's population. The demand for consumer goods is rising at the same time as manufacturing equipment is needed, which encourages the use of automation components in machine production and maintenance. Also, the need for automation components including motors, gears, screws, sensors, and other parts is being driven by the rise in automation and robotism across a wide range of industries in production lines and other activities. Major players in the industry such as Bosch Rexroth, Emerson Electric Co., Nidec Corporation and Parker Hannifin Corporation are offering automation components for small- and large-scale industries. All such instances are expected to drive the automation components market.

The rise in innovation, the need for industrial providers to adapt to new technology infrastructures and enhance their operations and business processes, and the firms' difficulty in planning, building, and deploying new infrastructures while simultaneously focusing on their core strengths in this fiercely competitive market are acting as the main restraints on the growth of the market for automation components. Along with ongoing innovation in manufacturing processes, other factors that hinder the growth of the automation market include technical skill gaps and a lack of knowledge of the benefits of automated processes.

The emergence of the Internet of Things (IoT) and smart applications platform is an important factor for the overall growth of automation components market in the manufacturing, aerospace, and other industries. Moreover, key market players are focused on the development of new products to strengthen their product portfolio. For instance, in February 2019, Rockwell Automation launched a new photoelectric sensor, "Allen-Bradley 42AF RightSight M30", designed for long-distance detection and improving environmental resistance. Such advancements in automation components are expected to offer lucrative opportunities for the expansion of the market during the forecast period.

The automation components market is segmented on the basis of component, end user industry and region. By component, the market is divided into linear shafts, bushings, linear guides, locating pins, bearings, gears, couplings, actuators, motors, sensors, screws, rollers, and stages. By end user industry, the market is divided into automotive, consumer electronics, pharmaceuticals, food and beverage, packaging, 3D printing, semiconductors and chemicals.

Region-wise, the automation components market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (France, Germany, UK, Italy, Switzerland, Austria, Belgium, Luxembourg, Netherlands, Czech Republic, Poland, Hungary, Slovakia, Romania, Sweden, Denmark, Norway, Finland, Spain, Portugal and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Competition analysis

The major players profiled in the automation components market include: Automation Component Ltd, Bosch Rexroth, Emerson Electric Co., Fluid Power South Inc., Nidec Corporation, Parker Hannifin Corporation, Rockwell Automation Inc. SDP/SI Shanghai Kgg Robots Co, Ltd, and SKF. Major companies in the market have adopted product launch, acquisition and partnership as their key developmental strategies to offer better products and services to customers in the automation components market.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the automation components market analysis from 2021 to 2031 to identify the prevailing automation components market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the automation components market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global automation components market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Components

Rollers
Stages
Linear Shafts
Bushings
Linear Guides
Locating Pins
Bearings
Gears
Couplings
Actuators
Motors
Sensors
Screws

By End User Industry

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

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Italy
- Switzerland
- Austria
- Belgium
- Luxembourg
- Netherlands
- Czech Republic
- Poland
- Hungary
- Slovakia
- Romania
- Sweden
- Denmark
- Norway
- Finland
- Spain
- Portugal
- Rest of Europe
Asia-Pacific
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

Key Market Players:

SKF
Shanghai KGG Robots Co., Ltd.
Emerson Electric Co.
NIDEC CORPORATION
Parker Hannifin Corporation
Rockwell Automation Inc.
Automotion Components Ltd
Fluid Power South Inc.
Bosch Rexroth AG
SDP/SI

Product Code: A53722

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. Bargaining power of suppliers
- 3.3.2. Bargaining power of buyers
- 3.3.3. Threat of substitutes
- 3.3.4. Threat of new entrants
- 3.3.5. Intensity of rivalry
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Growth of automotive industry.
  - 3.4.1.2. Development of different industries in emerging countries

3.4.2. Restraints
- 3.4.2.1. Lack of technical proficiency and lack of awareness

3.4.3. Opportunities
- 3.4.3.1. Integration of IoT in different manufacturing machinery.

3.5. COVID-19 Impact Analysis on the market

CHAPTER 4: AUTOMATION COMPONENTS MARKET, BY COMPONENTS

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Linear Shafts
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Bushings
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Linear Guides
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
4.5. Locating Pins
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
4.6. Bearings
- 4.6.1. Key market trends, growth factors and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market share analysis by country
4.7. Gears
- 4.7.1. Key market trends, growth factors and opportunities
- 4.7.2. Market size and forecast, by region
- 4.7.3. Market share analysis by country
4.8. Couplings
- 4.8.1. Key market trends, growth factors and opportunities
- 4.8.2. Market size and forecast, by region
- 4.8.3. Market share analysis by country
4.9. Actuators
- 4.9.1. Key market trends, growth factors and opportunities
- 4.9.2. Market size and forecast, by region
- 4.9.3. Market share analysis by country
4.10. Motors
- 4.10.1. Key market trends, growth factors and opportunities
- 4.10.2. Market size and forecast, by region
- 4.10.3. Market share analysis by country
4.11. Sensors
- 4.11.1. Key market trends, growth factors and opportunities
- 4.11.2. Market size and forecast, by region
- 4.11.3. Market share analysis by country
4.12. Screws
- 4.12.1. Key market trends, growth factors and opportunities
- 4.12.2. Market size and forecast, by region
- 4.12.3. Market share analysis by country
4.13. Rollers
- 4.13.1. Key market trends, growth factors and opportunities
- 4.13.2. Market size and forecast, by region
- 4.13.3. Market share analysis by country
4.14. Stages
- 4.14.1. Key market trends, growth factors and opportunities
- 4.14.2. Market size and forecast, by region
- 4.14.3. Market share analysis by country

CHAPTER 5: AUTOMATION COMPONENTS MARKET, BY END USER INDUSTRY

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Automotive
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Consumer Electronics
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. Pharmaceuticals
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
5.5. Food and Beverage
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
5.6. Packaging
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country
5.7. 3D Printing
- 5.7.1. Key market trends, growth factors and opportunities
- 5.7.2. Market size and forecast, by region
- 5.7.3. Market share analysis by country
5.8. Semiconductors
- 5.8.1. Key market trends, growth factors and opportunities
- 5.8.2. Market size and forecast, by region
- 5.8.3. Market share analysis by country
5.9. Chemical
- 5.9.1. Key market trends, growth factors and opportunities
- 5.9.2. Market size and forecast, by region
- 5.9.3. Market share analysis by country
5.10. Others
- 5.10.1. Key market trends, growth factors and opportunities
- 5.10.2. Market size and forecast, by region
- 5.10.3. Market share analysis by country

CHAPTER 6: AUTOMATION COMPONENTS MARKET, BY REGION

6.1. Overview
- 6.1.1. Market size and forecast By Region
6.2. North America
- 6.2.1. Key trends and opportunities
- 6.2.2. Market size and forecast, by Components
- 6.2.3. Market size and forecast, by End User Industry
- 6.2.4. Market size and forecast, by country
  - 6.2.4.1. U.S.
  - 6.2.4.1.1. Key market trends, growth factors and opportunities
  - 6.2.4.1.2. Market size and forecast, by Components
  - 6.2.4.1.3. Market size and forecast, by End User Industry
  - 6.2.4.2. Canada
  - 6.2.4.2.1. Key market trends, growth factors and opportunities
  - 6.2.4.2.2. Market size and forecast, by Components
  - 6.2.4.2.3. Market size and forecast, by End User Industry
  - 6.2.4.3. Mexico
  - 6.2.4.3.1. Key market trends, growth factors and opportunities
  - 6.2.4.3.2. Market size and forecast, by Components
  - 6.2.4.3.3. Market size and forecast, by End User Industry
6.3. Europe
- 6.3.1. Key trends and opportunities
- 6.3.2. Market size and forecast, by Components
- 6.3.3. Market size and forecast, by End User Industry
- 6.3.4. Market size and forecast, by country
  - 6.3.4.1. Germany
  - 6.3.4.1.1. Key market trends, growth factors and opportunities
  - 6.3.4.1.2. Market size and forecast, by Components
  - 6.3.4.1.3. Market size and forecast, by End User Industry
  - 6.3.4.2. UK
  - 6.3.4.2.1. Key market trends, growth factors and opportunities
  - 6.3.4.2.2. Market size and forecast, by Components
  - 6.3.4.2.3. Market size and forecast, by End User Industry
  - 6.3.4.3. France
  - 6.3.4.3.1. Key market trends, growth factors and opportunities
  - 6.3.4.3.2. Market size and forecast, by Components
  - 6.3.4.3.3. Market size and forecast, by End User Industry
  - 6.3.4.4. Italy
  - 6.3.4.4.1. Key market trends, growth factors and opportunities
  - 6.3.4.4.2. Market size and forecast, by Components
  - 6.3.4.4.3. Market size and forecast, by End User Industry
  - 6.3.4.5. Switzerland
  - 6.3.4.5.1. Key market trends, growth factors and opportunities
  - 6.3.4.5.2. Market size and forecast, by Components
  - 6.3.4.5.3. Market size and forecast, by End User Industry
  - 6.3.4.6. Austria
  - 6.3.4.6.1. Key market trends, growth factors and opportunities
  - 6.3.4.6.2. Market size and forecast, by Components
  - 6.3.4.6.3. Market size and forecast, by End User Industry
  - 6.3.4.7. Belgium
  - 6.3.4.7.1. Key market trends, growth factors and opportunities
  - 6.3.4.7.2. Market size and forecast, by Components
  - 6.3.4.7.3. Market size and forecast, by End User Industry
  - 6.3.4.8. Luxembourg
  - 6.3.4.8.1. Key market trends, growth factors and opportunities
  - 6.3.4.8.2. Market size and forecast, by Components
  - 6.3.4.8.3. Market size and forecast, by End User Industry
  - 6.3.4.9. Netherlands
  - 6.3.4.9.1. Key market trends, growth factors and opportunities
  - 6.3.4.9.2. Market size and forecast, by Components
  - 6.3.4.9.3. Market size and forecast, by End User Industry
  - 6.3.4.10. Czech Republic
  - 6.3.4.10.1. Key market trends, growth factors and opportunities
  - 6.3.4.10.2. Market size and forecast, by Components
  - 6.3.4.10.3. Market size and forecast, by End User Industry
  - 6.3.4.11. Poland
  - 6.3.4.11.1. Key market trends, growth factors and opportunities
  - 6.3.4.11.2. Market size and forecast, by Components
  - 6.3.4.11.3. Market size and forecast, by End User Industry
  - 6.3.4.12. Hungary
  - 6.3.4.12.1. Key market trends, growth factors and opportunities
  - 6.3.4.12.2. Market size and forecast, by Components
  - 6.3.4.12.3. Market size and forecast, by End User Industry
  - 6.3.4.13. Slovakia
  - 6.3.4.13.1. Key market trends, growth factors and opportunities
  - 6.3.4.13.2. Market size and forecast, by Components
  - 6.3.4.13.3. Market size and forecast, by End User Industry
  - 6.3.4.14. Romania
  - 6.3.4.14.1. Key market trends, growth factors and opportunities
  - 6.3.4.14.2. Market size and forecast, by Components
  - 6.3.4.14.3. Market size and forecast, by End User Industry
  - 6.3.4.15. Sweden
  - 6.3.4.15.1. Key market trends, growth factors and opportunities
  - 6.3.4.15.2. Market size and forecast, by Components
  - 6.3.4.15.3. Market size and forecast, by End User Industry
  - 6.3.4.16. Denmark
  - 6.3.4.16.1. Key market trends, growth factors and opportunities
  - 6.3.4.16.2. Market size and forecast, by Components
  - 6.3.4.16.3. Market size and forecast, by End User Industry
  - 6.3.4.17. Norway
  - 6.3.4.17.1. Key market trends, growth factors and opportunities
  - 6.3.4.17.2. Market size and forecast, by Components
  - 6.3.4.17.3. Market size and forecast, by End User Industry
  - 6.3.4.18. Finland
  - 6.3.4.18.1. Key market trends, growth factors and opportunities
  - 6.3.4.18.2. Market size and forecast, by Components
  - 6.3.4.18.3. Market size and forecast, by End User Industry
  - 6.3.4.19. Spain
  - 6.3.4.19.1. Key market trends, growth factors and opportunities
  - 6.3.4.19.2. Market size and forecast, by Components
  - 6.3.4.19.3. Market size and forecast, by End User Industry
  - 6.3.4.20. Portugal
  - 6.3.4.20.1. Key market trends, growth factors and opportunities
  - 6.3.4.20.2. Market size and forecast, by Components
  - 6.3.4.20.3. Market size and forecast, by End User Industry
  - 6.3.4.21. Rest of Europe
  - 6.3.4.21.1. Key market trends, growth factors and opportunities
  - 6.3.4.21.2. Market size and forecast, by Components
  - 6.3.4.21.3. Market size and forecast, by End User Industry
6.4. Asia-Pacific
- 6.4.1. Key trends and opportunities
- 6.4.2. Market size and forecast, by Components
- 6.4.3. Market size and forecast, by End User Industry
- 6.4.4. Market size and forecast, by country
  - 6.4.4.1. China
  - 6.4.4.1.1. Key market trends, growth factors and opportunities
  - 6.4.4.1.2. Market size and forecast, by Components
  - 6.4.4.1.3. Market size and forecast, by End User Industry
  - 6.4.4.2. Japan
  - 6.4.4.2.1. Key market trends, growth factors and opportunities
  - 6.4.4.2.2. Market size and forecast, by Components
  - 6.4.4.2.3. Market size and forecast, by End User Industry
  - 6.4.4.3. South Korea
  - 6.4.4.3.1. Key market trends, growth factors and opportunities
  - 6.4.4.3.2. Market size and forecast, by Components
  - 6.4.4.3.3. Market size and forecast, by End User Industry
  - 6.4.4.4. India
  - 6.4.4.4.1. Key market trends, growth factors and opportunities
  - 6.4.4.4.2. Market size and forecast, by Components
  - 6.4.4.4.3. Market size and forecast, by End User Industry
  - 6.4.4.5. Rest of Asia-Pacific
  - 6.4.4.5.1. Key market trends, growth factors and opportunities
  - 6.4.4.5.2. Market size and forecast, by Components
  - 6.4.4.5.3. Market size and forecast, by End User Industry
6.5. LAMEA
- 6.5.1. Key trends and opportunities
- 6.5.2. Market size and forecast, by Components
- 6.5.3. Market size and forecast, by End User Industry
- 6.5.4. Market size and forecast, by country
  - 6.5.4.1. Latin America
  - 6.5.4.1.1. Key market trends, growth factors and opportunities
  - 6.5.4.1.2. Market size and forecast, by Components
  - 6.5.4.1.3. Market size and forecast, by End User Industry
  - 6.5.4.2. Middle East
  - 6.5.4.2.1. Key market trends, growth factors and opportunities
  - 6.5.4.2.2. Market size and forecast, by Components
  - 6.5.4.2.3. Market size and forecast, by End User Industry
  - 6.5.4.3. Africa
  - 6.5.4.3.1. Key market trends, growth factors and opportunities
  - 6.5.4.3.2. Market size and forecast, by Components
  - 6.5.4.3.3. Market size and forecast, by End User Industry

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2021

CHAPTER 8: COMPANY PROFILES

8.1. Automotion Components Ltd
- 8.1.1. Company overview
- 8.1.2. Key Executives
- 8.1.3. Company snapshot
- 8.1.4. Operating business segments
- 8.1.5. Product portfolio
8.2. Bosch Rexroth AG
- 8.2.1. Company overview
- 8.2.2. Key Executives
- 8.2.3. Company snapshot
- 8.2.4. Operating business segments
- 8.2.5. Product portfolio
- 8.2.6. Business performance
8.3. Emerson Electric Co.
- 8.3.1. Company overview
- 8.3.2. Key Executives
- 8.3.3. Company snapshot
- 8.3.4. Product portfolio
- 8.3.5. Business performance
- 8.3.6. Key strategic moves and developments
8.4. Fluid Power South Inc.
- 8.4.1. Company overview
- 8.4.2. Key Executives
- 8.4.3. Company snapshot
- 8.4.4. Operating business segments
- 8.4.5. Product portfolio
8.5. NIDEC CORPORATION
- 8.5.1. Company overview
- 8.5.2. Key Executives
- 8.5.3. Company snapshot
- 8.5.4. Operating business segments
- 8.5.5. Product portfolio
- 8.5.6. Business performance
8.6. Parker Hannifin Corporation
- 8.6.1. Company overview
- 8.6.2. Key Executives
- 8.6.3. Company snapshot
- 8.6.4. Operating business segments
- 8.6.5. Product portfolio
- 8.6.6. Business performance
8.7. Rockwell Automation Inc.
- 8.7.1. Company overview
- 8.7.2. Key Executives
- 8.7.3. Company snapshot
- 8.7.4. Operating business segments
- 8.7.5. Product portfolio
- 8.7.6. Business performance
- 8.7.7. Key strategic moves and developments
8.8. SDP/SI
- 8.8.1. Company overview
- 8.8.2. Key Executives
- 8.8.3. Company snapshot
- 8.8.4. Operating business segments
- 8.8.5. Product portfolio
8.9. Shanghai KGG Robots Co., Ltd.
- 8.9.1. Company overview
- 8.9.2. Key Executives
- 8.9.3. Company snapshot
- 8.9.4. Operating business segments
- 8.9.5. Product portfolio
8.10. SKF
- 8.10.1. Company overview
- 8.10.2. Key Executives
- 8.10.3. Company snapshot
- 8.10.4. Operating business segments
- 8.10.5. Product portfolio
- 8.10.6. Business performance
- 8.10.7. Key strategic moves and developments