Canada Industrial Automation And Control Systems Market Size & Outlook
Canada industrial automation and control systems market, 2018-2030 (US$M)
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Canada industrial automation and control systems market highlights
- The Canada industrial automation and control systems market generated a revenue of USD 6,851.1 million in 2023 and is expected to reach USD 11,094.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
- In terms of segment, dcs was the largest revenue generating control system in 2023.
- SCADA is the most lucrative control system segment registering the fastest growth during the forecast period.
Industrial automation and control systems market data book summary
| Market revenue in 2023 | USD 6,851.1 million |
| Market revenue in 2030 | USD 11,094.5 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Dcs |
| Fastest growing segment | SCADA |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | DCS, PLC, SCADA |
| Key market players worldwide | ABB Ltd, Emerson Electric Co, Honeywell International Inc, Kawasaki Heavy Industries Ltd, Mitsubishi Electric Corp, OMRON Corp, Rockwell Automation Inc, Schneider Electric SE, Siemens AG, Yokogawa Electric Corp. |
Other key industry trends
- In terms of revenue, Canada accounted for 3.6% of the global industrial automation and control systems market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. industrial automation and control systems market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 85,254.0 million by 2030.
Dcs was the largest segment with a revenue share of 34.58% in 2023. Horizon Databook has segmented the Canada industrial automation and control systems market based on dcs, plc, scada covering the revenue growth of each sub-segment from 2018 to 2030.
Canada is anticipated to grow at a CAGR of 7.1% in North America over the forecast period. The manufacturing companies are focusing on adoption of DCS, PLCs, SCADA and other control systems for architecting entire manufacturing plants using HMIs, robots, sensors, among other components to facilitate automation for enhancing process efficiency.
Therefore, the increase in adoption of automation systems to eliminate human errors and improvise industrial process for enhanced productivity is expected to create market demand.
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Industrial Automation And Control Systems Market Scope
Industrial Automation And Control Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada industrial automation and control systems market size, by control system, 2018-2030 (US$M)
Canada Industrial Automation And Control Systems Market Outlook Share, 2023 & 2030 (US$M)
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