Analysis of Global Process Automation Market Size by Research Nester Reveals Market to Expand with a CAGR of 6.3% During 2025-2037, Reaching 209.2 USD billion by 2037
Research Nester assesses the growth and market size of the global process automation market, driven by the rising demand for operational efficiency and streamlined business processes across multiple industries.
Research Nester’s recent market research analysis on the "Global Process Automation Market: Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037" provides a comprehensive competitor analysis and an extensive overview of the global process automation market, segmented by type, mode of deployment, enterprise size, application, task/operation type, end use industry, and region.
Increasing Adoption of Process Automation to Drive Global Market Growth
The process automation market is likely to see a stable growth rate during the forecast period. Automation solutions have turned imperative to help businesses minimize manual intervention, optimize processes, and advance their digital transformation initiatives accordingly. Increased integration of IoT, AI, and machine learning technologies is anticipated to drive greater automation adoption with its increased applications in boosting decision-making and improved performance. Process automation is increasingly becoming important for businesses that are trying to scale their operation with minimal human input. Also, the increase in cloud-based automation underlines a growing need for flexibility and control within the industrial setting. Such factors combined are anticipated to drive the market growth through 2037.
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Key Drivers and Challenges Influencing the Process Automation Market
Here are some of the key drivers and challenges shaping the process automation market through 2037:
Growth Drivers:
- Increased demand for operational efficiency and scalability
- Rising integration of AI, IoT, and machine learning in automation solutions
Challenges:
- Technology complexity and integration issues
- Initial setup costs and competition in the market
By type, the software-based automation segment is expected to hold a 62.5% market share during the forecast period. The scalability and flexibility of software-driven automation could be some reasons for this. Software-based automation became a preferred choice when it was found that cloud-based solutions seamlessly integrate with business enterprise systems. With increasing digital transformation in industries, demand for such solutions has increased for large-scale automation where enhanced operational efficiency and minimal human input is necessary.
By region, the market is expected to be led by North America due to the adoption of advanced automation technologies in the U.S. and Canada. Where key industries such as manufacturing, logistics, energy, and natural resources are concerned, huge investments in automation are being made to improve productivity and absorb adverse labor shortages. While players in the U.S. are using automation to increase supply chain efficiency, automation sectors have grown swiftly in Canada, including oil and gas and mining. Integration of AI and cloud-based systems is further giving a boost to the use of automation in industries, thus helping North America to lead the market continuously.
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Some of the key players in the global process automation market that have been profiled in this report are Siemens AG, Honeywell International Inc., Rockwell Automation, Emerson Electric Co., Schneider Electric SE, ABB Ltd., Mitsubishi Electric Corporation, and Yokogawa Electric Corporation. All these factors drive these companies into active participation in technological development, strategic collaboration, and solutions related to process optimization through increased demand for automation from industries.
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