North America Industrial Automation And Control Systems Market Size & Outlook
North America industrial automation and control systems market, 2018-2030 (US$M)
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North America industrial automation and control systems market highlights
- The North America industrial automation and control systems market generated a revenue of USD 49,724.2 million in 2023.
- The market is expected to grow at a CAGR of 9.9% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 49,724.2 million |
| Market revenue in 2030 | USD 96,348.5 million |
| Growth rate | 9.9% (CAGR from 2023 to 2030) |
| Largest segment | Dcs |
| Fastest growing segment | SCADA |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 26.5% of the global industrial automation and control systems market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 175,138.3 million by 2030.
Dcs was the largest segment with a revenue share of 35.44% in 2023. Horizon Databook has segmented the North America industrial automation and control systems market based on dcs, plc, scada covering the revenue growth of each sub-segment from 2018 to 2030.
The North American regional market is characterized by numerous manufacturing companies leveraging factory automation systems. Due to considerable government assistance, the region is one of the pioneers of industrial automation.
The government's sophisticated environmental rules and regulations have driven businesses across various verticals to implement technologies to enhance their production capacity while adhering to regulatory requirements.
Furthermore, the COVID-19 pandemic has resulted in firm reliance on automation among important end-user businesses, reducing operational and other long-term economic impacts.
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Industrial Automation And Control Systems Market Scope
Industrial Automation And Control Systems Market Companies
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North America industrial automation and control systems market size, by country, 2018-2030 (US$M)
North America Industrial Automation And Control Systems Market Outlook Share, 2023 & 2030 (US$M)
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