The North American factory automation market is estimated to grow significantly during the forecast period. The growth of the market is attributed to the rising demand for human-robot collaboration in the manufacturing sector and the growing demand for connected devices in the industrial sector for overall cost reduction. Furthermore growing integration of AI and IoT technologies in the manufacturing industry is substantially providing the future growth opportunity to the market.
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The North American market for factory automation is classified on the basis of components, control systems, and Industry. Based on the component, the market is classified into industrial robots, machine vision, human-machine interface (HMI), sensors, control valves, and others. The industrial robots segment is projected to have considerable growth in the North American market. Based on the control systems, the North American factory automation market is further segmented into programmable logic controllers (PLC), distributed control systems (DCS), supervisory control and data acquisition system (SCADA), manufacturing execution systems (MES), and others. The DCS segment held a significant share in the North American factory automation market. On the basis of industry, the market is further segregated into automotive, aerospace & defense, oil & gas, chemical, food & beverages, healthcare, and others. Based on geography, the North American factory automation market is further segregated into the US and Canada. Among, geography the US is projected to have a considerable share in the North American factory automation market.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
North American Factory Automation Market – Segmentation
By Component
- Industrial Robots
- Machine Vision
- Human Machine Interface(HMI)
- Sensors
- Control Valves
- Others
By Control Systems
- Programmable Logic Controllers (PLC)
- Distributed Control Systems (DCS)
- Supervisory Control and Data Acquisition System (SCADA)
- Manufacturing Execution System (MES)
- Others
By Industry
- Automotive
- Aerospace & Defense
- Oil & Gas
- Chemical
- Food & Beverages
- Healthcare
- Others
North American Factory Automation Market – Segmentation by Region
- United States
- Canada
The Report Covers
- Comprehensive research methodology of the North American factory automation market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the North American factory automation market.
- Insights about market determinants that are stimulating the North American factory automation market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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