United Kingdom Industrial Automation Market Insights Forecasts to 2033

• The U.K. Industrial Automation Market Size was valued at USD 4.12 Billion in 2023.
• The Market is Growing at a CAGR of 3.97% from 2023 to 2033
• The UK Industrial Automation Market Size is Expected to Reach USD 6.08 Billion by 2033

The U.K. Industrial Automation Market is Anticipated to Reach USD 6.08 Billion by 2033, growing at a CAGR of 3.97% from 2023 to 2033.

Market Overview

The term "industrial automation" refers to a group of technologies that allow the autonomous running of manufacturing procedures and machines eliminating any requirement for human workers. These technologies include robotic and computer programs. In addition to lowering expenses and saving time, automation in industry also provides better performance by removing the chance of human error. Additionally, industrial automation technologies simplify and handle these processes by utilizing sensors, computer systems, software development, and autonomous control devices. The facility is equipped with thousands of sensors that gather data at various points. A computer is used to store and process the data. In a control room, every machine and procedure can be watched over and managed on a big screen.

Report Coverage

This research report categorizes the market for the UK industrial automation market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom industrial automation market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the U.K. industrial automation market.

Driving Factors

The majority of manual tasks are mechanized, which lowers the cost of people. By offering insights and data to support prompt and informed decision-making, artificial intelligence (AI) and data analytics contribute to lower production costs. Additionally, industrial automation is becoming much more in demand as Industry 4.0 technologies are being adopted more widely in the UK. Businesses in many industries are using advanced automation technologies to boost productivity, cut expenses, and maintain competitiveness as they embrace digital transformation. This trend is changing the industrial landscape as businesses depend more and more on robotics, artificial intelligence, and IoT to increase productivity and streamline processes.

Restraining Factors

Excessive initial capital expenditures are found to be the main obstacle impeding market expansion in the United Kingdom.

Market Segmentation

The UK industrial automation market share is classified into component and end-use industry.

• The software segment is expected to hold the greatest market share through the forecast period.    

The U.K. industrial automation market is segmented by component into hardware and software. Among these, the software segment is expected to hold the greatest market share through the forecast period. Software for industrial automation is the digital foundation of business. It creates connections between machines, sensors, and gadgets so they may interact and communicate with one another easily. Process automation, increased productivity, and real-time data analysis are made possible by Software in industrial automation.

• The oil & gas segment is anticipated to hold a significant share of the United Kingdom industrial automation market during the forecast period.       

Based on the end-use industry, the UK industrial automation market is divided into automotive, oil & gas, food & beverage, chemicals & materials, and consumer goods. Among these, the oil & gas segment is anticipated to hold a significant share of the United Kingdom industrial automation market during the forecast period. Oil and gas wells are usually situated in isolated areas that are hazardous and difficult for people to work in, which makes automation especially advantageous.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the U.K. industrial automation market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Schneider Electric SE
• Rockwell Automation Inc.
• Emerson Electric Company
• ABB Ltd
• Mitsubishi Electric Corporation
• Honeywell International Inc.
• Siemens AG
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In March 2023, a major investment has been made in READY Robotics, a software-defined automation pioneer and Rockwell Technology Partner. Rockwell Automation, Inc. is the biggest company in the globe devoted to automation in industry and digitization.

Market Segment

This study forecasts revenue at the UK, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United Kingdom Industrial Automation Market based on the below-mentioned segments:

United Kingdom Industrial Automation Market, By Component

• Hardware
• Software

United Kingdom Industrial Automation Market, By End-Use Industry

• Automotive
• Oil & Gas
• Food & Beverage
• Chemicals & Materials
• Consumer Goods