North America Smart Factory Market Size & Outlook
North America smart factory market, 2018-2030 (US$M)
Related Markets
North America smart factory market highlights
- The North America smart factory market generated a revenue of USD 37.1 million in 2023.
- The market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, distributed control systems (dcs) was the largest revenue generating technology in 2023.
- Human Machine Interface (HMI) is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 37.1 million |
| Market revenue in 2030 | USD 67.4 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Distributed control systems (dcs) |
| Fastest growing segment | Human Machine Interface (HMI) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Distributed Control Systems (DCS), Enterprise Resource Planning (ERP), Human Machine Interface (HMI), Manufacturing Execution System (MES), Product Life Cycle Management (PLM), Program Logic Controller (PLC), Supervisory Controller and Data Acquisition (SCADA) |
| Key market players worldwide | ABB Ltd, Dassault Systemes SE, Fanuc Corp, GE Aerospace, Honeywell International Inc, Johnson Controls International PLC, Mitsubishi Electric Corp, Rockwell Automation Inc, Schneider Electric SE, Canon Inc, Cisco Systems Inc, Emerson Electric Co |
Other key industry trends
- In terms of revenue, North America region accounted for 49.4% of the global smart factory market in 2023.
- Globally, North America 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 10.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Smart Factory Market Scope
Smart Factory Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America smart factory market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart factory market will help companies and investors design strategic landscapes.
Distributed control systems (dcs) was the largest segment with a revenue share of 16.98% in 2023. Horizon Databook has segmented the North America smart factory market based on distributed control systems (dcs), enterprise resource planning (erp), human machine interface (hmi), manufacturing execution system (mes), product life cycle management (plm), program logic controller (plc), supervisory controller and data acquisition (scada) covering the revenue growth of each sub-segment from 2018 to 2030.
- North America Smart Factory Technology Outlook (Revenue, USD Million, 2018-2030)
- Distributed Control Systems (DCS)
- Enterprise Resource Planning (ERP)
- Human Machine Interface (HMI)
- Manufacturing Execution System (MES)
- Product Life Cycle Management (PLM)
- Program Logic Controller (PLC)
- Supervisory Controller and Data Acquisition (SCADA)
- Others
- North America Smart Factory Field Devices Outlook (Revenue, USD Million, 2018-2030)
- Sensors
- Industrial Robotics
- Machine Vision Systems
- Others
- North America Smart Factory Application Outlook (Revenue, USD Million, 2018-2030)
- Aerospace & Defense
- Automotive
- Energy & Power
- Food And Beverages
- Healthcare
- Semiconductor & Electronics
- Oil & Gas
- Others
Reasons to subscribe to North America smart factory market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of North America smart factory market databook
-
Our clientele includes a mix of smart factory market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America smart factory market , including forecasts for subscribers. This continent databook contains high-level insights into North America smart factory market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America smart factory market size, by country, 2018-2030 (US$M)
North America Smart Factory Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
