Industrial Automation Market Trends, Growth, and Insights

Research Methodology – Industrial Automation Market

At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Industrial Automation Market comprises the following key stages:

Market Indicator & Macro-Factor Analysis

Our baseline thesis for the Industrial Automation Market is developed by integrating key market indicators and macroeconomic variables. These include:

1 Factors considered while calculating market size and share

Current and projected demand for industrial automation technologies
Number of manufacturers offering industrial automation solutions
Volume and value of sales in the industry
Investment in research and development for new industrial automation technologies
Adoption rate of industrial automation technologies by industries
Trends in import and export of industrial automation products and services
Regulatory scenarios affecting the industrial automation market

2 Key Market Indicators

Growth in the GDP of the industrial sector
Level of industrialization in the form of capacity utilization rates
Advancements in technology such as the adoption of industrial Internet of Things (IIoT), artificial intelligence (AI), and machine learning (ML)
Availability of skilled workforce in the field of automation
Market concentration ratio and rate of market competition
Rate of investment in automation by key industries

3 Growth Trends

Increased adoption of industrial IoT
Growth in the usage of robotics automation
Emergence of artificial intelligence in industrial automation
Rising demand for smart factories with connected operation and production systems
Increased adoption of virtual reality and augmented reality in industrial automation for training and simulation purposes

Secondary Research

Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Industrial Automation Market. Key inputs include:

Company-Level Information

Annual reports, investor presentations, SEC filings
Company press releases and product launch announcements
Public executive interviews and earnings calls
Strategy briefings and M&A updates

Industry and Government Sources

Country-level industry associations and trade bodies
Government dossiers, policy frameworks, and official releases
Whitepapers, working papers, and public R&D initiatives
Relevant Associations for the Industrial Automation Market

Market Intelligence Sources

Broker reports and financial analyst coverage
Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
Import/export trade data and tariff databases
Sector-specific journals, magazines, and news portals

Macro & Consumer Insights

Global macroeconomic indicators and their cascading effect on the industry
Demand–supply outlook and value chain analysis
Consumer behaviour, adoption rates, and commercialization trends

Primary Research

To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:

Expert Insights & KOL Engagements

Key Opinion Leader (KOL) Engagements
Structured interviews with executives, product managers, and domain experts
Paid and barter-based interviews across manufacturers, distributors, and end-users

Focused Discussions & Panels

Discussions with stakeholders to validate demand-supply gaps
Group discussions on emerging technologies, regulatory shifts, and adoption barriers

Data Validation & Business POV

Cross-verification of market sizing and forecasts with industry insiders
Capturing business perspectives on growth opportunities and restraints

Data Triangulation & Forecasting

The final step of our research involves data triangulation ensuring accuracy through cross-verification of:

Demand-side analysis (consumption patterns, adoption trends, customer spending)
Supply-side analysis (production, capacity, distribution, and market availability)
Macroeconomic & microeconomic impact factors

Forecasting is carried out using proprietary models that combine: