Reports
Reports
Sale
The North America process automation market reached a value of approximately USD 34.20 billion in 2023. The market is projected to grow at a CAGR of 5.3% between 2024 and 2032, reaching a value of around USD 54.44 billion by 2032.
North America Process Automation Market Report Summary | Description | Value |
Base Year | USD Billion | 2023 |
Historical Period | USD Billion | 2018-2023 |
Forecast Period | USD Billion | 2024-2032 |
Market Size 2023 | USD Billion | 34.20 |
Market Size 2032 | USD Billion | 54.44 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 5.3% |
CAGR 2024-2032 - Market by Region | United States of America | 5.8% |
CAGR 2024-2032 - Market by Region | Canada | XX% |
CAGR 2024-2032 - Market by Communication Protocol | Wired Protocol | 4.8% |
CAGR 2024-2032 - Market by Application | Chemicals and Mining | 5.0% |
Market Share by Country | United States of America | 87.0% |
In 2022, the Foreign Direct Investments (FDI), in the United States was concentrated to the manufacturing sector, accounting for about 42.4%. Automation of the manufacturing sector plays a key role in attracting the investments and creating employment. In 2023, total installations of industrial robots increased by 12% and reached 44,303 units in the United States.
Additionally, the government of the United States is encouraging the use of robotic process automation (RPA). Currently, over 30 government agencies are using UiPath to reduce backlogs, eliminate compliance issues, improve throughput, and save taxpayer money.
Automotive segment is expected to grow at a CAGR of 6% between 2024-2032. The automobile sector in the United States is a powerhouse, with the presence of some of largest the car manufacturers such as Tesla and Ford. In 2021, the United States produced about 10.3 million vehicles. Over the forecast period, process automation will be increasingly adopted in the automotive manufacturing sector as it makes use of advanced workflow management and visual design tools to automate business processes.
North America Process Automation Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by System Type
CAGR 2024-2032 - Market by | Communication Protocol |
Wired Protocol | 4.8% |
Wireless Protocol | XX% |
Market Breakup by Communication Protocol
CAGR 2024-2032 - Market by | Application |
Chemicals and Mining | 5.0% |
Oil and Gas | 4.8% |
Consumer Goods | XX% |
Pharma and Bioech | XX% |
Water and Wastewater | XX% |
Automotive | XX% |
Market Breakup by Application
CAGR 2024-2032 - Market by | Country |
United States of America | 5.8% |
Canada | XX% |
Market Breakup by Country
Canada is expected to witness significant growth, growing at a CAGR of 4.8% between 2024 and 2032. Canada is considered a hub for manufacturing automation. Industrial automation in the country contributes to about CAD 7 billion per annum to the Canadian economy. The presence of organisations such as Automate Canada is supporting the development and adoption of automation technologies in the country’s manufacturing sector.
Market Share by | Country |
United States of America | 87.0% |
Canada | XX% |
Market players are actively investing in research and development activities to improve their products and services to stay ahead of the curve.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by System Type |
|
Breakup by Communication Protocol |
|
Breakup by Application |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Process Automation Market Overview
8.1 Key Industry Highlights
8.2 Global Process Automation Historical Market (2018-2023)
8.3 Global Process Automation Market Forecast (2024-2032)
8.4 Global Process Automation Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 North America Process Automation Market Overview
9.1 Key Industry Highlights
9.2 North America Process Automation Historical Market (2018-2023)
9.3 North America Process Automation Market Forecast (2024-2032)
10 North America Process Automation Market by System Type
10.1 Supervisory Control and Data Acquisition (SCADA)
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Programmable Logic Controller (PLC)
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Distributed Control System (DCS)
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Machine Execution System (MES)
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Valves and Actuators
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Electric Motors
10.6.1 Historical Trend (2018-2023)
10.6.2 Forecast Trend (2024-2032)
10.7 Human Machine Interface (HMI)
10.7.1 Historical Trend (2018-2023)
10.7.2 Forecast Trend (2024-2032)
10.8 Process Safety Systems
10.8.1 Historical Trend (2018-2023)
10.8.2 Forecast Trend (2024-2032)
10.9 Sensors and Transmitters
10.9.1 Historical Trend (2018-2023)
10.9.2 Forecast Trend (2024-2032)
10.10 Others
11 North America Process Automation Market by Communication Protocol
11.1 Wired Protocol
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Wireless Protocol
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 North America Process Automation Market by Application
12.1 Oil and Gas
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Chemicals and Mining
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Consumer Goods
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Pharma and Biotech
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Water and Wastewater
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Automotive
12.6.1 Historical Trend (2018-2023)
12.6.2 Forecast Trend (2024-2032)
12.7 Power
12.7.1 Historical Trend (2018-2023)
12.7.2 Forecast Trend (2024-2032)
12.8 Others
13 North America Process Automation Market by Country
13.1 United States of America
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Canada
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators of Demand
14.4 Key Indicators of Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 ABB Ltd.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Siemens AG
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Schneider Electric SE
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 General Electric Co.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Rockwell Automation Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Emerson Electric Co.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Honeywell International Inc.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Mitsubishi Electric Corp.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Fuji Electric Co Ltd
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Yokogawa Electric Corp.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Process Automation Market: Key Industry Highlights, 2018 and 2032
2. North America Process Automation Market: Key Industry Highlights, 2018 and 2032
3. North America Process Automation Historical Market: Breakup by System Type (USD Billion), 2018-2023
4. North America Process Automation Market Forecast: Breakup by System Type (USD Billion), 2024-2032
5. North America Process Automation Historical Market: Breakup by Communication Protocol (USD Billion), 2018-2023
6. North America Process Automation Market Forecast: Breakup by Communication Protocol (USD Billion), 2024-2032
7. North America Process Automation Historical Market: Breakup by Application (USD Billion), 2018-2023
8. North America Process Automation Market Forecast: Breakup by Application (USD Billion), 2024-2032
9. North America Process Automation Historical Market: Breakup by Country (USD Billion), 2018-2023
10. North America Process Automation Market Forecast: Breakup by Country (USD Billion), 2024-2032
11. North America Process Automation Market Structure
In 2023, the process automation market reached an approximate value of USD 34.20 billion.
The North America process automation market is estimated to grow at a CAGR of 5.3% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 54.44 billion by 2032.
The United States of America and Canada are the two countries studied in the market report.
Wired protocol and wireless protocol are the two types as per the market report.
The major system types are supervisory control and data acquisition (SCADA), programmable logic controller (PLC), distributed control system (DCS), machine execution system (MES), valves and actuators, electric motors, human machine interface (HMI), process safety systems, and sensors and transmitters, among others.
The major applications are oil and gas, chemicals and mining, consumer goods, pharma and biotech, water and wastewater, automotive, and power, among others.
The major players in the market are ABB Ltd., Siemens AG, Schneider Electric SE, General Electric Co., Rockwell Automation Inc., Emerson Electric Co., Honeywell International Inc., Mitsubishi Electric Corp., Fuji Electric Co Ltd, and Yokogawa Electric Corp., among others.
Datasheet
Single User License
Five User License
Corporate License
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.