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Industrial Automation Spares Market Research Report

Published: Nov 04, 2025
ID: 4394625
119 Pages
Industrial Automation
Spares

Global Industrial Automation Spares Market - Global Outlook 2020-2033

Global Industrial Automation Spares Market is segmented by Application (Manufacturing, Packaging, Food, Energy, Automotive), Type (Sensors, PLCs, Drives, Controllers, Servo motors), and Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)

Report ID:
HTF4394625
Published:
CAGR:
9.70%
Base Year:
2024
Market Size (2024):
$61 billion
Forecast (2033):
$132 billion

Pricing

Industry Overview


The Industrial Automation Spares is at 61 billion in 2024 and is expected to reach 132 billion by 2033. The Industrial Automation Spares is driven by factors such as increasing demand in end-use industries, technological advancements, research and development (R&D), economic growth, and increasing global trade. Siemens (DE), Rockwell (US), ABB (CH), Schneider (FR), Mitsubishi (JP), Omron (JP), Emerson (US), Bosch Rexroth (DE), Honeywell (US), Parker Hannifin (US), Delta (TW), Yaskawa (JP), Keyence (JP), FANUC (JP), Beckhoff (DE), and others are some of the key players in the market.
Industrial Automation Spares Market GROWTH 2024 to 2033


Industrial automation spares support production continuity through replacement parts for robots and control systems, vital for uptime and efficiency.


Key Players


Several key players in the Industrial Automation Spares market are strategically focusing on expanding their operations in developing regions to capture a larger market share, particularly as the year-on-year growth rate for the market stands at 8.90%. The companies featured in this profile were selected based on insights from primary experts, evaluating their market penetration, product offerings, and geographical reach. By targeting emerging markets, these companies aim to leverage new opportunities, enhance their competitive advantage, and drive revenue growth. This approach not only aligns with their overall business objectives but also positions them to respond effectively to the evolving demands of consumers in these regions.
  • Siemens (DE)
  • Rockwell (US)
  • ABB (CH)
  • Schneider (FR)
  • Mitsubishi (JP)
  • Omron (JP)
  • Emerson (US)
  • Bosch Rexroth (DE)
  • Honeywell (US)
  • Parker Hannifin (US)
  • Delta (TW)
  • Yaskawa (JP)
  • Keyence (JP)
  • FANUC (JP)
  • Beckhoff (DE)
Industrial Automation Spares Market revenue share by leading and emerging players

Market Dynamics


Market Driver
  • Demand for uptime reliability and Industry 4.0 retrofits drives spare component sales.
Market Trends
  • Predictive maintenance
Opportunity
  • Local spare hubs
Challenges
  • Counterfeits

Key Highlights

  • The Industrial Automation Spares is growing at a 9.70% during the forecasted period of 2020 to 2033
  • Based on type, the market is bifurcated into Sensors, PLCs, Drives, Controllers, Servo motors
  • Based on application, the market is segmented into Manufacturing, Packaging, Food, Energy, Automotive
  • Global Import Export in terms of K Tons, K Units, and Metric Tons will be provided if Applicable based on industry best practice

Market Segmentation Overview

  • Type Segmentation: categorizes products by their specific variants, helping businesses identify demand drivers and innovate effectively.
  • Application Segmentation: Divides the market based on product usage across industries, enabling targeted marketing and growth identification.
  • Geographic Segmentation: Segments the market by location, allowing for tailored strategies based on regional preferences and economic factors.
  • Customer Segmentation: Focuses on demographics like age, gender, and income, enabling personalized marketing and improved customer targeting.
  • Distribution Channel Segmentation: categorizes by how products reach customers, optimizing supply chain and sales strategies.

Market Segmentation


Segmentation by Type

  • Sensors
  • PLCs
  • Drives
  • Controllers
  • Servo motors
Industrial Automation Spares Market trend by product category Sensors, PLCs, Drives, Controllers, Servo motors

Segmentation by Application

 
  • Manufacturing
  • Packaging
  • Food
  • Energy
  • Automotive
Industrial Automation Spares Market trend by end use applications [Manufacturing, Packaging, Food, Energy, Automotive]

This report also splits the market by region:
  • North America
  • LATAM
  • West Europe
  • Central & Eastern Europe
  • Northern Europe
  • Southern Europe
  • East Asia
  • Southeast Asia
  • South Asia
  • Central Asia
  • Oceania
  • MEA
Asia–Pacific
Europe
Fastest Growing Region
Dominating Region



Market Estimation Process

Primary & Secondary Approach


The Industrial Automation Spares is analyzed by both primary and secondary research sources. There are numerous methodologies available to navigate and utilize these resources effectively:
Surveys and Questionnaires: Getting feedback from healthcare professionals, patients, or any other stakeholders on a particular topic. It is a great method to collect quantitative data on behaviors, preferences, and/or experiences.
One on Ones: Interviews with key stakeholders, including physicians, nurses, and administrators can yield rich qualitative data. The interviews can be divided into structured, semi-structured, or unstructured.


Focus Groups: Pull together small numbers of people who share a common characteristic, trait, or behavior to discuss particular topics. Focus Groups: This offers qualitative data and points of view that are often overlooked, such as attitudes, perceptions, or other statements relating to a specific platform.


Observational Studies: Understanding healthcare practices and patient interactions in the way we do it can say a lot more than what people formally report doing.
Field Studies: This method allows researchers to collect data firsthand from healthcare settings, including hospitals, clinics, and even home. It is a way to touch and feel the context that drives service delivery in healthcare.
Secondary Research in Industrial Automation Spares
Secondary research is a kind of revising, restructuring, and rethinking what has already been collected by primary sources. Such research is beneficial as long as it comes at a low cost and gives an overarching view of the market. Some of the important methods include:
Literature Review: To go through the research papers, articles, and studies published in medical journals, industry reports, and academic publications. This is crucial for understanding the study landscape and identifying knowledge deficits.
Reports From the Industry: It aims in examining reports published by Market Research firms, Healthcare Associations, and Government bodies. This report can also be used by all stakeholders including service providers and delivery chains across the world to identify market opportunities in an undetermined depth.


Public Health Records: Data collected by governments and public health authorities in different countries of the world from organizations with global reach like CDC, WHO, or national departments. These are important because they provide us with epidemiological data and numbers.
Company Reports: Read the annual reports, financial statements, and press releases of healthcare companies. It includes company performance reports, market strategies, and competitive positioning for this domain.
Online Databases: You understand the access to databases like PubMed, MEDLINE, and even Google Scholar for scientific articles and study materials. Some of these databases are treasure troves for peer-reviewed data.
Media Sources: Analyzing news articles, press releases, and media coverage related to the healthcare industry. This helps in staying updated on recent developments and emerging trends.
A blended approach of primary and secondary research methods allows researchers to collect well-rounded, solid data that informs the best decisions and strategies.

Research Methodology


At HTF Market Intelligence, we pride ourselves on delivering comprehensive market research that combines both secondary and primary methodologies. Our secondary research involves rigorous analysis of existing data sources, such as industry reports, market databases, and competitive landscapes, to provide a robust foundation of market knowledge. This is complemented by our primary research services, where we gather firsthand data through surveys, interviews, and focus groups tailored specifically to your business needs. By integrating these approaches, we offer a thorough understanding of market trends, consumer behavior, and competitive dynamics, enabling you to make well-informed strategic decisions. We would welcome the opportunity to discuss how our research expertise can support your business objectives.

Report Infographics:

Report Features Details
Base Year 2024
Based Year Market Size (2024) 61 billion
Historical Period Market Size (2020) USD Million ZZ
CAGR (2024 to 2033) 9.70%
Forecast Period 2025 to 2033
Forecasted Period Market Size (2033) 132 billion
Scope of the Report Sensors, PLCs, Drives, Controllers, Servo motors, Manufacturing, Packaging, Food, Energy, Automotive
Regions Covered North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Year on Year Growth 8.90%
Companies Covered Siemens (DE), Rockwell (US), ABB (CH), Schneider (FR), Mitsubishi (JP), Omron (JP), Emerson (US), Bosch Rexroth (DE), Honeywell (US), Parker Hannifin (US), Delta (TW), Yaskawa (JP), Keyence (JP), FANUC (JP), Beckhoff (DE)
Customization Scope 15% Free Customization (For EG)
Delivery Format PDF and Excel through Email

Industrial Automation Spares - Table of Contents

Chapter 1: Market Preface
1.1 Global Industrial Automation Spares Market Landscape
1.2 Scope of the Study
1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
2.1 Global Industrial Automation Spares Market Outlook
2.2 Total Addressable Market versus Serviceable Market
2.3 Market Rivalry Projection
Chapter 3: Global Industrial Automation Spares Market Business Environment & Changing Dynamics
3.1 Growth Drivers
3.1.1 Demand for uptime reliability and Industry 4.0 retrofits drives spare component sales.
3.2 Available Opportunities
3.2.1 Local spare hubs
3.2.2 predictive part logistics
3.2.3 3D print-on-demand networks
3.2.4 and robotics service markets.
3.3 Influencing Trends
3.3.1 Predictive maintenance
3.3.2 cloud inventory
3.3.3 3D printing of parts
3.3.4 and AI failure diagnostics.
3.4 Challenges
3.4.1 Counterfeits
3.4.2 supply chain disruption
3.4.3 technical obsolescence
3.4.4 and OEM dependency.
3.5 Regional Dynamics
Chapter 4: Global Industrial Automation Spares Industry Factors Assessment
4.1 Current Scenario
4.2 PEST Analysis
4.3 Business Environment - PORTER 5-Forces Analysis
4.3.1 Supplier Leverage
4.3.2 Bargaining Power of Buyers
4.3.3 Threat of Substitutes
4.3.4 Threat from New Entrant
4.3.5 Market Competition Level
4.4 Roadmap of Industrial Automation Spares Market
4.5 Impact of Macro-Economic Factors
4.6 Market Entry Strategies
4.7 Political and Regulatory Landscape
4.8 Supply Chain Analysis
4.9 Impact of Tariff War
Chapter 5: Industrial Automation Spares : Competition Benchmarking & Performance Evaluation
5.1 Global Industrial Automation Spares Market Concentration Ratio
5.1.1 CR4
5.1.2 CR8 and HH Index
5.1.2 % Market Share - Top 3
5.1.3 Market Holding by Top 5
5.2 Market Position of Manufacturers by Industrial Automation Spares Revenue 2024
5.3 Global Industrial Automation Spares Sales Volume by Manufacturers (2024)
5.4 BCG Matrix
5.4 Market Entropy
5.5 Competitive Response Strategies
5.6 Technology Adoption Rates
5.7 Competitive Positioning Analysis
5.8 Market Share Dynamics
5.9 Price Competition Analysis
5.10 Product Portfolio Comparison
Chapter 6: Global Industrial Automation Spares Market: Company Profiles
6.1 Siemens (DE)
6.1.1 Siemens (DE) Company Overview
6.1.2 Siemens (DE) Product/Service Portfolio & Specifications
6.1.3 Siemens (DE) Key Financial Metrics
6.1.4 Siemens (DE) SWOT Analysis
6.1.5 Siemens (DE) Development Activities
6.2 Rockwell (US)
6.3 ABB (CH)
6.4 Schneider (FR)
6.5 Mitsubishi (JP)
6.6 Omron (JP)
6.7 Emerson (US)
6.8 Bosch Rexroth (DE)
6.9 Honeywell (US)
6.10 Parker Hannifin (US)
6.11 Delta (TW)
6.12 Yaskawa (JP)
6.13 Keyence (JP)
6.14 FANUC (JP)
6.15 Beckhoff (DE)
Chapter 7: Global Industrial Automation Spares by Type & Application (2020-2033)
7.1 Global Industrial Automation Spares Market Revenue Analysis (USD Million) by Type (2020-2024)
7.1.1 Sensors
7.1.2 PLCs
7.1.3 Drives
7.1.4 Controllers
7.1.5 Servo motors
7.2 Global Industrial Automation Spares Market Revenue Analysis (USD Million) by Application (2020-2024)
7.2.1 Manufacturing
7.2.2 Packaging
7.2.3 Food
7.2.4 Energy
7.2.5 Automotive
7.3 Global Industrial Automation Spares Market Revenue Analysis (USD Million) by Type (2024-2033)
7.4 Global Industrial Automation Spares Market Revenue Analysis (USD Million) by Application (2024-2033)
Chapter 8: North America Industrial Automation Spares Market Breakdown by Country, Type & Application
8.1 North America Industrial Automation Spares Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
8.1.1 United States
8.1.2 Canada
8.1.3 Mexico
8.2 North America Industrial Automation Spares Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
8.2.1 Sensors
8.2.2 PLCs
8.2.3 Drives
8.2.4 Controllers
8.2.5 Servo motors
8.3 North America Industrial Automation Spares Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
8.3.1 Manufacturing
8.3.2 Packaging
8.3.3 Food
8.3.4 Energy
8.3.5 Automotive
8.4 North America Industrial Automation Spares Market by Country (USD Million) & Sales Volume (Units) [2025-2033]
8.5 North America Industrial Automation Spares Market by Type (USD Million) & Sales Volume (Units) [2025-2033]
8.6 North America Industrial Automation Spares Market by Application (USD Million) & Sales Volume (Units) [2025-2033]
Chapter 9: Europe Industrial Automation Spares Market Breakdown by Country, Type & Application
9.1 Europe Industrial Automation Spares Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
9.1.1 Germany
9.1.2 UK
9.1.3 France
9.1.4 Italy
9.1.5 Spain
9.1.6 Russia
9.1.7 Rest of Europe
9.2 Europe Industrial Automation Spares Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
9.2.1 Sensors
9.2.2 PLCs
9.2.3 Drives
9.2.4 Controllers
9.2.5 Servo motors
9.3 Europe Industrial Automation Spares Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
9.3.1 Manufacturing
9.3.2 Packaging
9.3.3 Food
9.3.4 Energy
9.3.5 Automotive
9.4 Europe Industrial Automation Spares Market by Country (USD Million) & Sales Volume (Units) [2025-2033]
9.5 Europe Industrial Automation Spares Market by Type (USD Million) & Sales Volume (Units) [2025-2033]
9.6 Europe Industrial Automation Spares Market by Application (USD Million) & Sales Volume (Units) [2025-2033]
Chapter 10: Asia Pacific Industrial Automation Spares Market Breakdown by Country, Type & Application
10.1 Asia Pacific Industrial Automation Spares Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
10.1.1 China
10.1.2 Japan
10.1.3 India
10.1.4 South Korea
10.1.5 Australia
10.1.6 Southeast Asia
10.1.7 Rest of Asia Pacific
10.2 Asia Pacific Industrial Automation Spares Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
10.2.1 Sensors
10.2.2 PLCs
10.2.3 Drives
10.2.4 Controllers
10.2.5 Servo motors
10.3 Asia Pacific Industrial Automation Spares Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
10.3.1 Manufacturing
10.3.2 Packaging
10.3.3 Food
10.3.4 Energy
10.3.5 Automotive
10.4 Asia Pacific Industrial Automation Spares Market by Country (USD Million) & Sales Volume (Units) [2025-2033]
10.5 Asia Pacific Industrial Automation Spares Market by Type (USD Million) & Sales Volume (Units) [2025-2033]
10.6 Asia Pacific Industrial Automation Spares Market by Application (USD Million) & Sales Volume (Units) [2025-2033]
Chapter 11: Latin America Industrial Automation Spares Market Breakdown by Country, Type & Application
11.1 Latin America Industrial Automation Spares Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
11.1.1 Brazil
11.1.2 Argentina
11.1.3 Chile
11.1.4 Rest of Latin America
11.2 Latin America Industrial Automation Spares Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
11.2.1 Sensors
11.2.2 PLCs
11.2.3 Drives
11.2.4 Controllers
11.2.5 Servo motors
11.3 Latin America Industrial Automation Spares Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
11.3.1 Manufacturing
11.3.2 Packaging
11.3.3 Food
11.3.4 Energy
11.3.5 Automotive
11.4 Latin America Industrial Automation Spares Market by Country (USD Million) & Sales Volume (Units) [2025-2033]
11.5 Latin America Industrial Automation Spares Market by Type (USD Million) & Sales Volume (Units) [2025-2033]
11.6 Latin America Industrial Automation Spares Market by Application (USD Million) & Sales Volume (Units) [2025-2033]
Chapter 12: Middle East & Africa Industrial Automation Spares Market Breakdown by Country, Type & Application
12.1 Middle East & Africa Industrial Automation Spares Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
12.1.1 Saudi Arabia
12.1.2 UAE
12.1.3 South Africa
12.1.4 Egypt
12.1.5 Rest of Middle East & Africa
12.2 Middle East & Africa Industrial Automation Spares Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
12.2.1 Sensors
12.2.2 PLCs
12.2.3 Drives
12.2.4 Controllers
12.2.5 Servo motors
12.3 Middle East & Africa Industrial Automation Spares Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
12.3.1 Manufacturing
12.3.2 Packaging
12.3.3 Food
12.3.4 Energy
12.3.5 Automotive
12.4 Middle East & Africa Industrial Automation Spares Market by Country (USD Million) & Sales Volume (Units) [2025-2033]
12.5 Middle East & Africa Industrial Automation Spares Market by Type (USD Million) & Sales Volume (Units) [2025-2033]
12.6 Middle East & Africa Industrial Automation Spares Market by Application (USD Million) & Sales Volume (Units) [2025-2033]
Chapter 13: Research Finding and Conclusion
13.1 Research Finding
13.2 Conclusion
13.3 Analyst Recommendation

Frequently Asked Questions (FAQ):

The Compact Track Loaders market is projected to grow at a CAGR of 6.8% from 2025 to 2030, driven by increasing demand in construction and agricultural sectors.

North America currently leads the market with approximately 45% market share, followed by Europe at 28% and Asia-Pacific at 22%. The remaining regions account for 5% of the global market.

Key growth drivers include increasing construction activities, rising demand for versatile equipment in agriculture, technological advancements in track loader design, and growing preference for compact equipment in urban construction projects.