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North America Industrial Automation Market Forecast to 2030
North America Industrial Automation Market Forecast to 2030 – Regional Analysis – by Component (Hardware and Software), System (Supervisory Control and Data Acquisition, Distributed Control System, Programmable Logic Control, and Other), and End User (Oil & Gas, Automotive, Food & Beverages, Chemical & Materials, Aerospace & Defense, and Others)
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Description
Rising Uptake of Automation across Food & Beverage Industry Fuels North America Industrial Automation Market
Automation in the food & beverage industry refers to strategic integrations of technologies across various production processes, such as inspection, packaging, and storage. Over the years, food & beverage companies have optimized different production processes through the uptake of automated systems, such as delta robots, automated guided vehicles, and robotic arms, to be in line with various food safety & quality standards laid down by regulatory bodies and reduce overall labour cost across production sites.
Consumer packed food & beverages require high accuracy and repetitive packaging process, which becomes challenging for humans. This factor is influencing the uptake of robotic technologies for activities, such as primary and secondary packaging and palletizing.
Vision-guided robots are experiencing a rise in demand across the sector due to their efficiency in completing repetitive tasks, such as bottle handling, bin picking, and tray loading. Numerous benefits, including enhanced traceability, improved efficiency, and high flexibility, have been driving the need for automation in the food & beverage industry over the years. These factors have encouraged food & beverage producers to invest heavily in automated technology integration across their production facilities. For instance, a US-based snack brand, Utz Brands Inc., announced its plans to integrate automated capabilities across its production plants to reduce its overall operational cost in 2021. Similarly, Hormel Foods is also planning to incorporate automation across its production facilities in 2022. Other food & beverage brands rapidly adopting automated technology include Tyson Foods and Cargill, Inc. Thus, the rise in investment in automation across the food & beverage industry is fueling the growth of the North America industrial automation market.
North America Industrial Automation Market Overview
North America is the most technologically advanced region across the globe due to the presence of a well-established technology ecosystem, the high acceptance rate of advanced technologies, favorable economic policies, and high gross domestic product (GDP) of the US, Canada, and other countries.
Technological advancements are increasing the competitiveness among the markets in North America. Hence, the region is considered a hub for manufacturing high-quality industrial and consumer products. To fulfill the increasing customer demand for high-quality products as well as services, companies are continuously focusing on innovation and automation. A few manufacturers in the region are highly focused on using automation and other advanced technologies to improve production quality and optimize the overall manufacturing process.
Automotive, food & beverages, chemicals & materials, and aviation are among the key end-use industries that involve automation in their operations. Automation provides consistency and helps in protecting the brand’s reputation as they make the production convenient and effortless. Also, automation improves the quality through systematic product management and decreases the risk of food and beverage recalls. The food industry in the US is valued at over US$ 500 billion, which includes the processing of food from raw materials to finished products. In the US, many food and beverage processing companies, such as Tyson Foods and Hormel Foods, are increasingly adopting automated technologies.
In Canada, automatic control or automation in logistics refers to the use of control systems, software, and machinery to improve the efficiency of operations. Various errors can be detected in manual data entry, which can lead to increased shipping costs. Automation helps in reducing such errors. With the rise in automation, the logistics & supply chain technology (LSCT) sector in the country is likely to witness lucrative growth in the coming years. This will fuel the North America industrial automation market growth.
North America Industrial Automation Market Revenue and Forecast to 2030 (US$ Billion)
North America Industrial Automation Market Segmentation
The North America industrial automation market is segmented into component, system, end user, and country.
Based on component, the North America industrial automation market is segmented into hardware and software. The hardware segment held a larger share of the North America industrial automation market in 2022. The hardware is further sub segmented into motors and drives, robots, sensors, machine vision systems, and others.
Based on system, the North America industrial automation market is segmented into supervisory control and data acquisition, distributed control system, programmable logic control, and other. The distributed control system segment held the largest share of the North America industrial automation market in 2022.
Based on end user, the North America industrial automation market is segmented into oil & gas, automotive, food & beverage, chemical & materials, aerospace & defense, and others. The automotive segment held the largest share of the North America industrial automation market in 2022.
Based on country, the North America industrial automation market is segmented int o the US, Canada, and Mexico. The US dominated the North America industrial automation market in 2022.
ABB Ltd, Bosch Rexroth AG, Emerson Electric Co, Hitachi Ltd, Honeywell International Inc, Mitsubishi Electric Corp, OMRON Corp, Rockwell Automation Inc, Schneider Electric SE, Siemens AG are some of the leading companies operating in the North America industrial automation market.
Summary Info
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According to the research team’ research, the North America industrial automation market was valued at US$ 44,180.8 million in 2022 and is expected to reach US$ 82,247.8 million by 2030, registering a CAGR of 8.1% from 2022 to 2030. Rising uptake of automation across food & beverage industry and surging demand for automation in the e-commerce industry are among the critical factors attributed to the North America industrial automation market expansion.
The increasing number of online shoppers is constantly influencing the adoption of automation across the e-commerce industry. Significant automation applications across the sector include workflow process automation and automated storage and inventory retrieval.
Inventory sold by e-commerce sellers is stored in warehouses, and to reduce the time for sorting and stocking of these products, Automated Storage and Retrieval Systems (ASRS) seems to be one of the best tools. The purchasing pattern of consumers is moving toward online shopping. For instance, more than 60% of the population in the US is engaged in online shopping. Further, customers expect faster delivery time, owing to which e-commerce players are adopting automation in their processes. The fluctuations in demand of stock-keeping units (SKUs) create complexities in picking operations, which slows down the fulfillment process.
The demand for automation in e-commerce is highly varying, owing to which the forward pick areas must be continuously adjusted to aid the fluctuation in demand. Along with managing SKU demand fluctuations, an ASRS also advances the fulfillment process, thus allowing e-commerce and omnichannel retailers to adhere better to service level agreements by fulfilling order delivery commitments.
Several e-commerce giants have also increased their investment in automating their warehouse facilities over the years. In August 2022, The Kroger Co., announced the expansion of its customer fulfillment center (CFC) network, supported by Ocado Group’s technology. Two new CFCs are automated by utilizing technology from Ocado Group. The first such automated CFC was opened in April 2021. Additionally, new products and technologies are being launched regularly to support the growing automation of warehouses. For instance, in June 2022, Amazon announced the launch of a new fleet of robots and automated systems. An autonomous robot, named Proteus, and robotic system titled Cardinal, was announced by Amazon. As per the company, Proteus allows for full autonomy of the warehouse floor and can operate in a manner that augments simple, safe interaction between technology and people. These factors are expected to boost the growth of the North America industrial automation market over the forecast period.
On the contrary, the requirement of high initial investment hampers the North America industrial automation market.
Based on component, the North America industrial automation market is segmented into hardware and software. The hardware segment held 67.5% share of North America industrial automation market in 2022, amassing US$ 29.84 billion. It is projected to garner US$ 57.16 billion by 2030 to expand at 8.5% CAGR during 2022–2030. The hardware is further sub segmented into motors and drives, robots, sensors, machine vision systems, and others.
Based on system, the North America industrial automation market is segmented into supervisory control and data acquisition, distributed control system, programmable logic control, and other. The distributed control system segment held 28.3% share of North America industrial automation market in 2022, amassing US$ 12.51 billion. It is projected to garner US$ 25.01 billion by 2030 to expand at 9.0% CAGR during 2022–2030.
Based on end user, the North America industrial automation market is segmented into oil & gas, automotive, food & beverage, chemical & materials, aerospace & defense, and others. The automotive segment held 28.1% share of North America industrial automation market in 2022, amassing US$ 12.42 billion. It is projected to garner US$ 25.63 billion by 2030 to expand at 9.5% CAGR during 2022–2030.
Based on country, the North America industrial automation market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 83.6% share of North America industrial automation market in 2022. It was assessed at US$ 36.93 billion in 2022 and is likely to hit US$ 68.36 billion by 2030, exhibiting a CAGR of 8.0% during 2022–2030.
Key players operating in the North America industrial automation market are ABB Ltd, Bosch Rexroth AG, Emerson Electric Co, Hitachi Ltd, Honeywell International Inc, Mitsubishi Electric Corp, OMRON Corp, Rockwell Automation Inc, Schneider Electric SE, and Siemens AG, among others.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America industrial automation market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the North America industrial automation market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
TABLE OF CONTENTS
1. Introduction
1.1 The Research Team Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Industrial Automation Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain:
5. North America Industrial Automation Market – Key Industry Dynamics
5.1 Drivers
5.1.1 Rising Uptake of Automation across Food & Beverage Industry
5.1.2 Increase in Machine Vision Systems Adoption for Industrial Automation
5.2 Market Restraints
5.2.1 Requirement of High Initial Investment
5.3 Market Opportunities
5.3.1 Integration of Robotics in the Construction Industry
5.4 Future Trends
5.4.1 Surging Demand for Automation in the E-commerce Industry
5.5 Impact of Drivers and Restraints:
6. Industrial Automation Market – North America Market Analysis
6.1 North America Industrial Automation Market Overview
6.2 North America Industrial Automation Market Revenue (US$ Billion), 2022 – 2030
6.3 North America Industrial Automation Market Forecast and Analysis
7. North America Industrial Automation Market Analysis – Component
7.1 Hardware
7.1.1 Overview
7.1.2 Hardware: North America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
7.1.3 Motors and Drives
7.1.3.1 Overview
7.1.4 Robots
7.1.4.1 Overview
7.1.5 Sensors
7.1.5.1 Overview
7.1.6 Machine Vision Systems
7.1.6.1 Overview
7.1.7 Others
7.1.7.1 Overview
7.2 Software
7.2.1 Overview
7.2.2 Software: North America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
8. North America Industrial Automation Market Analysis – System
8.1 Supervisory Control and Data Acquisition
8.1.1 Overview
8.1.2 Supervisory Control and Data Acquisition: North America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
8.2 Distributed Control System
8.2.1 Overview
8.2.2 Distributed Control System: North America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
8.3 Programmable Logic Control
8.3.1 Overview
8.3.2 Programmable Logic Control: North America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
8.4 Others
8.4.1 Overview
8.4.2 Others: North America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
9. North America Industrial Automation Market Analysis – End User
9.1 Automotive
9.1.1 Overview
9.1.2 Automotive: North America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
9.2 Oil and Gas
9.2.1 Overview
9.2.2 Oil and Gas: North America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
9.3 Food and Beverage
9.3.1 Overview
9.3.2 Food and Beverage: North America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
9.4 Chemicals and Materials
9.4.1 Overview
9.4.2 Chemicals and Materials: North America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
9.5 Aerospace and Defense
9.5.1 Overview
9.5.2 Aerospace and Defense: North America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
9.6 Others
9.6.1 Overview
9.6.2 Others: North America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
10. North America Industrial Automation Market – Country Analysis
10.1 North America Industrial Automation Market Overview
10.1.1 North America Industrial Automation Market Revenue and Forecasts and Analysis – By Countries
10.1.1.1 US: North America Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.1.1 US: North America Industrial Automation Market Breakdown by Component
10.1.1.1.2 US: North America Industrial Automation Market Breakdown by System
10.1.1.1.3 US: North America Industrial Automation Market Breakdown by End User
10.1.1.2 Canada: North America Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.2.1 Canada: North America Industrial Automation Market Breakdown by Component
10.1.1.2.2 Canada: North America Industrial Automation Market Breakdown by System
10.1.1.2.3 Canada: North America Industrial Automation Market Breakdown by End User
10.1.1.3 Mexico: North America Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.3.1 Mexico: North America Industrial Automation Market Breakdown by Component
10.1.1.3.2 Mexico: North America Industrial Automation Market Breakdown by System
10.1.1.3.3 Mexico: North America Industrial Automation Market Breakdown by End User
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
12. Company Profiles
12.1 ABB Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Bosch Rexroth AG
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Emerson Electric Co
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Hitachi Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Honeywell International Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Mitsubishi Electric Corp
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 OMRON Corp
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Rockwell Automation Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Schneider Electric SE
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Siemens AG
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 Word Index
LIST OF TABLES
Table 1. North America Industrial Automation Market Segmentation
Table 2. North America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Billion)
Table 3. North America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Billion) – Hardware
Table 4. North America Industrial Automation Market, by Country – Revenue and Forecast to 2030 (USD Billion)
Table 5. US: North America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 6. US: North America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 7. US: North America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 8. US: North America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 9. Canada: North America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 10. Canada: North America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 11. Canada: North America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 12. Canada: North America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 13. Mexico: North America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 14. Mexico: North America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 15. Mexico: North America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 16. Mexico: North America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 17. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Industrial Automation Market Segmentation, By Country
Figure 2. North America– PEST Analysis
Figure 3. Ecosystem: North America Industrial Automation Market
Figure 4. North America Industrial Automation Market – Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. North America Industrial Automation Market Revenue (US$ Billion), 2022 & 2030
Figure 7. North America Industrial Automation Market Share (%) – Component, 2022 and 2030
Figure 8. Hardware: North America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 9. Software: North America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 10. North America Industrial Automation Market Share (%) – System, 2022 and 2030
Figure 11. Supervisory Control and Data Acquisition: North America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 12. Distributed Control System: North America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 13. Programmable Logic Control: North America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 14. Others: North America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 15. North America Industrial Automation Market Share (%) – End User, 2022 and 2030
Figure 16. Automotive: North America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 17. Oil and Gas: North America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 18. Food and Beverage: North America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 19. Chemicals and Materials: North America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 20. Aerospace and Defense: North America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 21. Others: North America Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 22. North America Industrial Automation Market, 2022 ($Bn)
Figure 23. North America Industrial Automation Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 24. US: North America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 25. Canada: North America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 26. Mexico: North America Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn)
The List of Companies – Industrial Automation Market
o ABB Ltd
o Bosch Rexroth AG
o Emerson Electric Co
o Hitachi Ltd
o Honeywell International Inc
o Mitsubishi Electric Corp
o OMRON Corp
o Rockwell Automation Inc
o Schneider Electric SE
o Siemens AG
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