# Industrial Automation Servo motors, reducers, vision, controllers, actuators and robot arms. Theme: Robotics (Technology). Page: https://thematiq.io/themes/robotics/industrial-automation/ ## Key facts - **The market: $197bn** Industrial connectors, likely all connector types; figure given as about (Zion Market Research, 2034) - **Growth: +8.8%** Industrial automation market (growth, a year) (SkyQuest, 2026-2033) - **The build: 7** of the 12 parts in the Robotics Supercycle bill of materials, each traced to the companies that supply it (ThematIQ research) - **The companies: 30** companies worth $371 billion, earning on average 77% of their revenue here (Annual reports and exchange data, 2026-10-28) ## What it holds Listed companies that earn their revenue supplying these parts of the Robotics Supercycle bill of materials, each read from its own reports. | Part | Covers | |---|---| | Servo Motors & Drives | servo motors, motor drives | | Precision Reducers (Industrial) | precision reducers | | Machine Vision & Sensors | machine vision, robotic sensors | | Controllers, PLCs & Factory Auto | plc controllers, factory automation systems | | Connectors, Power & Materials | industrial connectors, motion power components | | Cobots, Safety & End-Effectors | industrial robots, collaborative robots, end effectors, machine safety | | Linear & Rotary Actuators | linear actuators, rotary actuators | ## Largest companies | Company | Listing | Market value | |---|---|---| | 2715.Hk | 2715.HK | $2 billion | | Rockwell Automation | ROK.XNYS | $49 billion | | Novanta | NOVT.XNAS | $6 billion | | Symbotic | SYM.XNAS | $24 billion | | HMS Networks AB | HMS.ST | $2 billion | | China Leadshine Technology | 002979.SHE | $3 billion | | 2432.Hk | 2432.HK | $1 billion | | SIASUN Robot Automation | 300024.SHE | $3 billion | | Shenzhen Inovance Tech | 300124.SHE | $23 billion | | Doosan Robotics | 454910.KO | $3 billion | | Techman Robot | 4585.TW | $858 million | | Harmonic Drive Systems | 6324.T | $3 billion | | Thk Co.,Ltd. | 6481.T | $4 billion | | YASKAWA Electric | 6506.T | $7 billion | | Omron | 6645.T | $7 billion | By listing country: Japan 32%, China 22%, United States 20%, Hong Kong 9%, South Korea 5%, Sweden 4%, Taiwan 4%, United Kingdom 2%. ## The market - Global industrial automation market: $197bn (2024), Databridge Market Research - Global industrial automation market, forecast: $373bn (2032), Databridge Market Research - Global industrial automation market (growth, a year): +8.3% (2024-2032), Databridge Market Research - Global industrial automation market; same page as the 8.30% figure (growth, a year): +9.5% (2025-2032), Databridge Market Research - Industrial automation market: $240bn (2024), SkyQuest - Industrial automation market; alternative 2024 figure on same page: $239bn (2024), SkyQuest - Industrial automation market, forecast: $513bn (2033), SkyQuest - Industrial automation market (growth, a year): +8.8% (2026-2033), SkyQuest - Servo motors and drives: $13bn (2024), IMARC - Servo motors and drives, forecast: $19bn (2033), IMARC - Servo motors and drives (growth, a year): +3.9% (2025-2033), IMARC - Servo motors and drives: $14bn (2024), PS Market Research - Servo motors and drives, forecast: $20bn (2032), PS Market Research - Servo motors and drives (growth, a year): +4.8% (2025-2032), PS Market Research - Analog servo motors and drives only: $11bn (2024), GM Insights - RV precision reducers only: $2.1bn (2024), Data Horizzon - RV precision reducers only, forecast: $4.0bn (2033), Data Horizzon - RV precision reducers only (growth, a year): +7.4% (2025-2033), Data Horizzon - Global RV precision reducers: $2.5bn (2025), Dataintelo - Global RV precision reducers, forecast: $5.4bn (2034), Dataintelo - Machine vision market: $11bn (2024), Expert Market Research - Machine vision market, forecast: $23bn (2034), Expert Market Research - Machine vision market (growth, a year): +7.9% (forecast period to 2034), Expert Market Research - Machine vision market: $16bn (2024), Market Research Future - Programmable logic controllers (PLC): $13bn (2024), Research and Markets - Programmable logic controllers (PLC), forecast: $24bn (2034), Research and Markets - Programmable logic controllers (PLC) (growth, a year): +5.8% (forecast period to 2034), Research and Markets - Programmable logic controllers (PLC): $12bn (2024), Reanin - Programmable logic controllers (PLC), forecast: $31bn (2034), Reanin - Programmable logic controllers (PLC) (growth, a year): +10% (forecast period to 2034), Reanin - Industrial connectors: $8.7bn (2024), GM Insights - Industrial connectors, forecast: $12bn (2034), GM Insights - Industrial connectors (growth, a year): +2.8% (2025-2034), GM Insights - Industrial connectors, likely all connector types; figure given as about: $197bn (2034), Zion Market Research - Industrial connectors, likely all connector types; figure given as around (growth, a year): +7.0% (forecast period), Zion Market Research - Collaborative robots (cobots): $3.7bn (2024), IMARC - Collaborative robots (cobots), forecast: $60bn (2033), IMARC - Collaborative robots (cobots) (growth, a year): +36% (forecast period to 2033), IMARC - Collaborative robots (cobots): $1.9bn (2024), GM Insights - Collaborative robots (cobots) (growth, a year): +32% (2025-2034), GM Insights - Collaborative robots (cobots): $1.4bn (not stated in snippet), MarketsandMarkets - Collaborative robots (cobots), forecast: $3.4bn (2030), MarketsandMarkets - Collaborative robots (cobots); figure given as about (growth, a year): +18% (forecast period), MarketsandMarkets - Machine safety: $6.1bn (2025), IMARC - Machine safety, forecast: $9.6bn (2034), IMARC - Machine safety (growth, a year): +5.0% (2026-2034), IMARC - Machine safety: $6.4bn (2025), GM Insights - Machine safety: $6.2bn (2026), Fortune Business Insights - Machine safety, forecast: $10bn (2034), Fortune Business Insights - Linear actuators; scope may be wider than industrial automation: $41bn (2024), Research and Markets - Linear actuators; scope may be wider than industrial automation: $45bn (2025), Research and Markets - Linear actuators; scope may be wider than industrial automation (growth, a year): +8.8% (forecast period not stated in note), Research and Markets - Linear actuators: $55bn (2024), Kings Research - Linear actuators, forecast: $116bn (2032), Kings Research - Linear actuators (growth, a year): +9.9% (forecast period to 2032), Kings Research - Linear actuators, forecast: $3.3bn (2032), Market Research Future - Linear actuators (growth, a year): +4.1% (forecast period to 2032), Market Research Future Estimates diverge widely: segment-level figures are far larger than the parts, and the vendors define scope differently, so vision, cobots, actuators and connectors vary several-fold. Servo and PLC 2024 sizes agree reasonably well, and some vendors' own figures disagree with each other within the same page. ### What is Industrial Automation? Servo motors, reducers, vision, controllers, actuators and robot arms. ### What does Industrial Automation hold? Listed companies that earn their revenue from the parts it takes to build Robotics Supercycle: Servo Motors & Drives, Precision Reducers (Industrial), Machine Vision & Sensors, Controllers, PLCs & Factory Auto, Connectors, Power & Materials, Cobots, Safety & End-Effectors. 30 companies as of 2026-10-28. ### What is not in Industrial Automation? Integrated servo joint modules for industrial arms: Servo Motors & Drives, not Precision Reducers (Industrial) or Linear & Rotary Actuators; humanoid joint modules stay in Humanoid Reducers & Joints Standalone harmonic, strain-wave and cycloidal reducers: Precision Reducers (Industrial), not Humanoid Reducers & Joints; Humanoid Reducers & Joints holds only integrated joint modules Packaged rotary and linear Linear & Rotary Actuators: Linear & Rotary Actuators, not Servo Motors & Drives; motors and drives sold alone stay in Servo Motors & Drives ## What it is not - Integrated servo joint modules for industrial arms: Servo Motors & Drives, not Precision Reducers (Industrial) or Linear & Rotary Actuators; humanoid joint modules stay in Humanoid Reducers & Joints - Standalone harmonic, strain-wave and cycloidal reducers: Precision Reducers (Industrial), not Humanoid Reducers & Joints; Humanoid Reducers & Joints holds only integrated joint modules - Packaged rotary and linear Linear & Rotary Actuators: Linear & Rotary Actuators, not Servo Motors & Drives; motors and drives sold alone stay in Servo Motors & Drives - Robot arm with its bundled controller and teach pendant: Cobots, Safety & End-Effectors, not Controllers, PLCs & Factory Auto; standalone PLCs and motion controllers stay in Controllers, PLCs & Factory Auto - Cameras, 3D depth sensors, lidar and general robot perception hardware: Machine Vision & Sensors, not Dexterous Manip. & Perception; only tactile and hand sensing: Dexterous Manip. & Perception - Ball screws, roller screws and linear guides: Linear & Rotary Actuators, not Humanoid Reducers & Joints or Precision Reducers (Industrial) - Force-torque and joint encoders and torque sensors: Machine Vision & Sensors, not Dexterous Manip. & Perception or Humanoid Reducers & Joints; fingertip tactile skins: Dexterous Manip. & Perception - Industrial grippers and tool changers: Cobots, Safety & End-Effectors, not Dexterous Manip. & Perception; multi-finger humanoid hands: Dexterous Manip. & Perception - Batteries, BMS and chargers for mobile robots: Batteries & Mobile Power, not Connectors, Power & Materials; Connectors, Power & Materials covers motion power components for fixed industrial robots - Servo and motor drives, including from PLC vendors: Servo Motors & Drives, not Controllers, PLCs & Factory Auto - Light curtains, safety scanners and safety PLCs: Cobots, Safety & End-Effectors, not Machine Vision & Sensors or Controllers, PLCs & Factory Auto - Robot operating software, AI models and simulation: Edge AI & Embodied Compute, not Controllers, PLCs & Factory Auto; PLC programming and factory control software: Controllers, PLCs & Factory Auto - Cost convention: installation and integration labour follows the product it installs, and standalone system integrator services go to Controllers, PLCs & Factory Auto as factory automation systems - Magnets, cabling and specialty materials sold separately: Connectors, Power & Materials, not Servo Motors & Drives; magnets inside a finished motor stay in Servo Motors & Drives Data as of 2026-10-28. Source: ThematIQ (industry research, company filings, exchange data), ETFIQ (fund counts), and the publishers linked above. Not investment advice.