diff --git a/.github/component_owners.yml b/.github/component_owners.yml
new file mode 100644
index 0000000000..f7b267c741
--- /dev/null
+++ b/.github/component_owners.yml
@@ -0,0 +1,47 @@
+# Keep all in alphabetical order
+components:
+  instrumentation/active_storage/:
+    - ymtdzzz
+
+  instrumentation/aws_sdk/:
+    - alextwoods
+    - jterapin
+    - NathanielRN
+
+  instrumentation/grape/:
+    - muripic
+
+  instrumentation/graphql/:
+    - rmoslogo
+    - swalkinshaw
+
+  instrumentation/grpc/:
+    - michal-kazmierczak
+
+  instrumentation/httpx/:
+    - HoneyryderChuck
+
+  instrumentation/mongo/:
+    - johnnyshields
+
+  instrumentation/racecar/:
+    - chrisholmes
+
+  instrumentation/rspec/:
+    - chrisholmes
+
+  instrumentation/que/:
+    - indrekj
+
+  processor/baggage/:
+    - mikegoldsmith
+    - robbkidd
+
+  resources/container/:
+    - scbjans
+
+  sampler/xray/:
+    - jj22ee
+
+ignored-authors:
+  - dependabot
diff --git a/.github/workflows/component-owners.yml b/.github/workflows/component-owners.yml
new file mode 100644
index 0000000000..3f01a69c72
--- /dev/null
+++ b/.github/workflows/component-owners.yml
@@ -0,0 +1,18 @@
+name: Component Owners
+on:
+  pull_request_target:
+
+permissions:
+  contents: read
+  issues: write
+  pull-requests: write
+
+jobs:
+  run_self:
+    runs-on: ubuntu-latest
+    name: Auto Assign Owners
+    steps:
+      - uses: dyladan/component-owners@main
+        with:
+          config-file: .github/component_owners.yml
+          repo-token: ${{ github.token }}
diff --git a/CODEOWNERS b/CODEOWNERS
index d75b763ac2..e4de4fe939 100644
--- a/CODEOWNERS
+++ b/CODEOWNERS
@@ -13,27 +13,3 @@
 #
 
 * @open-telemetry/ruby-contrib-maintainers @open-telemetry/ruby-contrib-approvers @fbogsany @mwear @robertlaurin @dazuma @ericmustin @arielvalentin @ahayworth @plantfansam @robbkidd @simi @kaylareopelle @xuan-cao-swi
-
-resources/container/ @scbjans @open-telemetry/ruby-contrib-maintainers @open-telemetry/ruby-contrib-approvers @fbogsany @mwear @robertlaurin @dazuma @ericmustin @arielvalentin @ahayworth @plantfansam @robbkidd @simi @kaylareopelle @xuan-cao-swi
-
-instrumentation/active_storage/ @ymtdzzz @open-telemetry/ruby-contrib-maintainers @open-telemetry/ruby-contrib-approvers @fbogsany @mwear @robertlaurin @dazuma @ericmustin @arielvalentin @ahayworth @plantfansam @robbkidd @simi @kaylareopelle @xuan-cao-swi
-
-instrumentation/aws_sdk/ @jterapin @alextwoods @NathanielRN @open-telemetry/ruby-contrib-maintainers @open-telemetry/ruby-contrib-approvers @fbogsany @mwear @robertlaurin @dazuma @ericmustin @arielvalentin @ahayworth @plantfansam @robbkidd @simi @kaylareopelle @xuan-cao-swi
-
-instrumentation/grape/ @muripic @open-telemetry/ruby-contrib-maintainers @open-telemetry/ruby-contrib-approvers @fbogsany @mwear @robertlaurin @dazuma @ericmustin @arielvalentin @ahayworth @plantfansam @robbkidd @simi @kaylareopelle @xuan-cao-swi
-
-instrumentation/graphql/ @swalkinshaw @rmoslogo @open-telemetry/ruby-contrib-maintainers @open-telemetry/ruby-contrib-approvers @fbogsany @mwear @robertlaurin @dazuma @ericmustin @arielvalentin @ahayworth @plantfansam @robbkidd @simi @kaylareopelle @xuan-cao-swi
-
-instrumentation/httpx/ @HoneyryderChuck @open-telemetry/ruby-contrib-maintainers @open-telemetry/ruby-contrib-approvers @fbogsany @mwear @robertlaurin @dazuma @ericmustin @arielvalentin @ahayworth @plantfansam @robbkidd @simi @kaylareopelle @xuan-cao-swi
-
-instrumentation/mongo/ @johnnyshields @open-telemetry/ruby-contrib-maintainers @open-telemetry/ruby-contrib-approvers @fbogsany @mwear @robertlaurin @dazuma @ericmustin @arielvalentin @ahayworth @plantfansam @robbkidd @simi @kaylareopelle @xuan-cao-swi
-
-instrumentation/racecar/ @chrisholmes @open-telemetry/ruby-contrib-maintainers @open-telemetry/ruby-contrib-approvers @fbogsany @mwear @robertlaurin @dazuma @ericmustin @arielvalentin @ahayworth @plantfansam @robbkidd @simi @kaylareopelle @xuan-cao-swi
-
-instrumentation/rspec/ @chrisholmes @open-telemetry/ruby-contrib-maintainers @open-telemetry/ruby-contrib-approvers @fbogsany @mwear @robertlaurin @dazuma @ericmustin @arielvalentin @ahayworth @plantfansam @robbkidd @simi @kaylareopelle @xuan-cao-swi
-
-instrumentation/que/ @indrekj @open-telemetry/ruby-contrib-maintainers @open-telemetry/ruby-contrib-approvers @fbogsany @mwear @robertlaurin @dazuma @ericmustin @arielvalentin @ahayworth @plantfansam @robbkidd @simi @kaylareopelle @xuan-cao-swi
-
-processor/baggage/ @robbkidd @mikegoldsmith @open-telemetry/ruby-contrib-maintainers @open-telemetry/ruby-contrib-approvers @fbogsany @mwear @robertlaurin @dazuma @ericmustin @arielvalentin @ahayworth @plantfansam @robbkidd @simi @kaylareopelle @xuan-cao-swi
-
-sampler/xray/ @jj22ee @open-telemetry/ruby-contrib-maintainers @open-telemetry/ruby-contrib-approvers @fbogsany @mwear @robertlaurin @dazuma @ericmustin @arielvalentin @ahayworth @plantfansam @robbkidd @simi @kaylareopelle @xuan-cao-swi
diff --git a/CONTRIBUTING.md b/CONTRIBUTING.md
index cf5929e71b..95a3b7dc59 100644
--- a/CONTRIBUTING.md
+++ b/CONTRIBUTING.md
@@ -209,7 +209,7 @@ process. Don't worry it's painless!
 
 ### Review and feedback
 
-PRs require a review from one or more of the [code owners](CODEOWNERS) before
+PRs require a review from one or more of the [code owners](CODEOWNERS) or [component owners](.github/component_owners.yml) before
 merge. You'll probably get some feedback from these fine folks which helps to
 make the project that much better. Respond to the feedback and work with your
 reviewer(s) to resolve any issues.