Top 10 Industrial Automation Companies Shaping the Future of Manufacturing

September 4, 2024

By Jiten Surve

In the fast-evolving landscape of industrial automation, companies play a pivotal role in driving innovation, efficiency, and reliability. As the global industrial automation market continues its rapid growth.

In the fast-evolving landscape of industrial automation, companies play a pivotal role in driving innovation, efficiency, and reliability. As the global industrial automation market continues its rapid growth, valued at US$140.39 billion in 2021 and projected to reach US$233.94 billion by 2028, it is crucial to recognize the key players transforming the manufacturing sector. In this article, we delve into the top 10 industrial automation companies that are at the forefront of this technological revolution.

Top 10 industrial automation companies that are at the forefront of this technological revolution.

10. Yokogawa Electric: Pioneering Excellence in Operational Efficiency

Yokogawa Electric secures the tenth spot with its field-proven operational efficiency, safety, and reliability solutions. The company, through its OpreX brand, excels in industrial automation and test and measurement. By combining superior technology with engineering services, project management, and maintenance, Yokogawa Electric stands as a co-creator of value with its customers.

9. FANUC: Liberating Manufacturing through Smart Automation

Founded in 1956, FANUC has been a stalwart in liberating manufacturing production from inefficiencies. Operating in over 100 countries, FANUC provides a diverse range of services, including industrial robots, CNC systems, wire cut EDM, injection molding machines, and vertical machining centers, contributing to the realization of smart factories and intelligent automation systems.

8. Omron: Driving Innovation Since 1933

Omron, founded in 1933, holds the eighth position with its commitment to supporting industries through innovative solutions and advanced technologies. With a global presence in around 120 countries, Omron's diverse portfolio spans industrial automation, electronic components, social systems, healthcare, and more.

7. Mitsubishi Electric: Next-Generation Manufacturing Solutions

Utilizing advanced engineering techniques, Mitsubishi Electric secures the seventh spot by providing reliable factory automation (FA) solutions. The company's offerings include controllers, drive products, power distribution and control products, electrical discharge machines, electron beam machines, laser processing machines, computerized numerical controllers, and industrial robots, contributing to the next generation of manufacturing.

6. Honeywell Process Solutions: Pioneering Automation Control

Honeywell Process Solutions (HPS) takes the sixth spot, playing a critical role in ensuring safe, reliable, efficient, and sustainable operations across various industries. Specializing in automation control, HPS supports project design, engineering, technology licensing, ongoing operations, cybersecurity, and continuous modernization, making it a pioneer in the automation landscape.

5. Schneider Electric: Bridging Energy Management and Automation

Specialists in energy management and automation systems, Schneider Electric secures the fifth position. The company's integrated solutions, covering software and hardware, drive digital transformation by managing energy and processes safely, reliably, efficiently, and sustainably across homes, buildings, data centers, infrastructure, and industries.

4. Rockwell Automation: Connecting Imagination with Technology

Global leaders in industrial automation and digital transformation, Rockwell Automation claims the fourth position. Founded in 1903, the company, headquartered in Milwaukee, Wisconsin, connects human imagination with the potential of technology to create a more productive and sustainable world.

3. Emerson: Innovative Solutions for Complex Challenges

Emerson secures the third spot by fusing decades of technology and engineering expertise to solve complex challenges. With a focus on industrial, commercial, and residential markets, Emerson's automation experts provide solutions spanning projects to operations, helping customers achieve top quartile performance.

2. ABB: Driving Performance to New Levels

As a leading technology company, ABB takes the second spot by energizing the transformation of society and industry. ABB's comprehensive portfolio, connecting software to electrification, robotics, automation, and motion, supports industries in over 100 countries, including automotive, data centers, mining, and smart cities.

1. Siemens: Powering Transformation Across Industries

Securing the top position is Siemens, a pioneer in infrastructure, energy solutions, automation, and software for industry. As one of the world's largest producers of energy-efficient technologies, Siemens empowers industries and markets to transform, from resource-efficient factories and resilient supply chains to smarter buildings, grids, transportation, and advanced healthcare.

These top 10 industrial automation companies play a crucial role in shaping the future of manufacturing, contributing to the global growth of the industrial automation market. Their innovative solutions, technological expertise, and commitment to excellence position them as key influencers in the ongoing Industry 4.0 revolution.