Part One of a Series With L.E.K. Consulting

The industrial automation sector continues to grow, with no sign of slowing down. Last year, the global automation market was worth around $175 billion. By 2025, that figure is expected to rise to roughly $265 billion, representing an approximately 9 percent compound annual growth rate.¹

Even in the wake of the COVID-19 pandemic, the industrial automation market saw strong M&A activity. Though there was a drop in overall M&A activity in 2020, deals are expected to increase over the next two years across end markets.

Our first installment in a series created jointly with L.E.K. Consulting, this report explores the highlights of the industrial automation opportunity, including:

• Market drivers

• Recent M&A activity

• M&A trends

• Market statistics 

^{1 L.E.K. Consulting}