Automation Components Market (By Component: Rollers, Stages, Linear Shafts, Bushings, Linear Guides, Locating Pins, Bearings, Gears, Couplings, Actuators, Motors, Sensors, Screws; By End User Industry: Automotive, Consumer Electronics, Pharmaceuticals, Food and Beverage, Packaging, 3D Printing, Semiconductors, Chemical, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032
The global automation components market size was estimated at USD 129.85 billion in 2023 and is projected to hit around USD 301.19 billion by 2032, registering a CAGR of 9.80% during the forecast period from 2023 to 2032.