Market revenue in 2023 | USD 42,873.1 million |
Market revenue in 2030 | USD 85,254.0 million |
Growth rate | 10.3% (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. |
Dcs was the largest segment with a revenue share of 35.58% in 2023. Horizon Databook has segmented the U.S. industrial automation and control systems market based on dcs, plc, scada covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. government has adopted policies such as ‘Make in America’, and ‘Bipartisan Innovation Act’ to boost the industrial economy by increasing manufacturing in the U.S., and increasing investment in technological aspects, among others. This is expected to boost demand for industrial automation and control systems in manufacturing units and factories.
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