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PUBLISHER: Grand View Research | PRODUCT CODE: 1493314
PUBLISHER: Grand View Research | PRODUCT CODE: 1493314
North America Manufacturing Automation Market Size, Share & Trends Analysis Report By Component (Hardware, Software), By Technology (PLC, Robotics), By Deployment, By End-use, By Industry Vertical, By Country, And Segment Forecasts, 2024 - 2030
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North America Manufacturing Automation Market Growth & Trends:
The North America manufacturing automation market size is anticipated to reach USD 6.49 billion by 2030 and is projected to grow at a CAGR of 9.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is undergoing substantial growth primarily owing to increasing adoption of automated technologies across businesses to optimize their operations, increase production capacity, and reduce manual labor. Moreover, the advantages associated with introducing automation at manufacturing plants, such as increased precision, reduced errors, and better workplace safety, are also positively influencing the regional market outlook.
The manufacturing industry in North America is showing a greater inclination to automation technology, with more companies seeking ways to increase efficiency and lowering costs, automation in factories, Industry 4.0, and other connected manufacturing solutions will witness increased adoption. For instance, the automotive industry uses robotic process automation (RPA) to enhance safety and productivity, working alongside humans to perform tasks in less time and with high quality control. This technology reduces human error in processes requiring precise manufacturing and automated documentation and is equipped with built-in safety features. Such developments are creating lucrative opportunities for the market growth.
The market growth is being further propelled by the emergence of innovative digital technologies, further proliferating the market growth such as Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), 5G connectivity, immersive technologies, 3D printing, and cloud-based services, among others.Several market players are inclined to enhance their product portfolio by introducing new technologies to cater to the changing customer demands. For instance, in February 2023, Mitsubishi Electric Corporation updated their software iQ Works2 and RT Toolbox3. A new visual editor for SCADA and six-axis industrial robot programming is part of their latest update in the software. The upgrade also includes improved user-friendliness, which is expected to simplify the setup of automated applications.
North America Manufacturing Automation Market Report Highlights:
- Based on component, the hardware segment is expected to witness at a substantial CAGR over the forecast period. The increasing adoption of smart technologies to improve manufacturing efficiency, reduce downtime, and enhance product quality is driving the demand for hardware components
- Based on technology, the PLC segment led the market with the largest revenue share of 69.3% in 2023, on account of increasing application of this technology in manufacturing units to control various operations and processes, including robotic devices and assembly lines
- Based on deployment, the on-premises segment held the market with the significant revenue share of 53.2% in 2023, owing to higher consumer preference for this deployment mode as it offers manufacturers greater control over their automation systems and data
- Based on end-use, the process manufacturing segment is estimated to register at a substantial CAGR over the forecast period, as automation technologies enable continuous process improvement in areas, which includes refining production processes, optimizing resource utilization, and minimizing waste
- Based on industry vertical, the automotive segment is anticipated to grow at a considerable CAGR during the forecast period, due to high demand for automation systems in this sector to increase efficiency and reduce the cost of production downtime. Several automakers are deploying collaborative robots for various important applications, including spot and arc welding, assembling parts, painting, coating, etc.
- Based on application, the assembly line automation segment led the market with the notable revenue share of 54.7% in 2023. Automation involves the use of advanced technologies and systems, which are extensively applied in assembly lines to enhance efficiency, precision, and overall productivity
- Based on solution, the control systems segment is anticipated to grow at the fastest CAGR during the forecast period. Control Systems such as Distributed Control Systems (DCS) and Supervisory Control and Data Acquisition (SCADA) are used for automating and optimizing production processes. They allow businesses to achieve efficiency by controlling and monitoring various aspects of manufacturing operations
- Based on enterprise size, the large enterprises segment find extensive usage of automation technologies to handle large-scale operations, ensuring consistent and rapid production without providing high-quality control
- U.S. holds a significant share of the market in 2023, owing to increasing inclination for smart manufacturing coupled with the strong presence of various major manufacturing automation players in the country
- In July 2023, ATS Corporation acquired Yazzoom BV, a Belgium-based company specializing in artificial intelligence (AI) and machine learning (ML) tools for industrial production. This acquisition is anticipated to contribute to the enhancement of the company's productivity and efficiency by leveraging advanced AI and ML technologies in industrial processes
Product Code: GVR-4-68040-282-6
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Information Procurement
- 1.3.1. Information analysis
- 1.3.2. Market formulation & data visualization
- 1.3.3. Data validation & publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List to Data Sources
Chapter 2. Executive Summary
- 2.1. North America Manufacturing Automation Market Snapshot
- 2.2. North America Manufacturing Automation Market- Segment Snapshot (1/4)
- 2.3. North America Manufacturing Automation Market - Segment Snapshot (2/4)
- 2.4. North America Manufacturing Automation Market- Segment Snapshot (3/4)
- 2.5. North America Manufacturing Automation Market- Segment Snapshot (4/4)
- 2.6. North America Manufacturing Automation Market- Competitive Landscape Snapshot
Chapter 3. North America Manufacturing Automation Market - Industry Outlook
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Industry Challenges
- 3.3.4. Industry Opportunities
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's analysis
- 3.4.2. Macroeconomic analysis
- 3.5. North America Manufacturing Automation Market- Overview
- 3.5.1. Industry Evolution
- 3.5.2. Market Trends
- 3.5.3. Technology Trends
- 3.5.4. Industrial Automation and Use Cases
- 3.5.5. Regulatory Landscape
- 3.5.5.1. Regulations
- 3.5.5.2. Standards
- 3.6. North America Manufacturing Automation Market - COVID-19 Impact Analysis
Chapter 4. North America Manufacturing Automation Market: Component Analysis
- 4.1. Component Movement Analysis & Market Share, 2023 & 2030
- 4.2. North America Manufacturing Automation Market Estimates & Forecast, By Component (USD Million)
- 4.2.1. Hardware
- 4.2.2. Software
- 4.2.3. Services
- 4.2.3.1. Professional Services
- 4.2.3.2. Managed Services
Chapter 5. North America Manufacturing Automation Market: Technology Analysis
- 5.1. Technology Movement Analysis & Market Share, 2023 & 2030
- 5.2. North America Manufacturing Automation Market Estimates & Forecast, By Technology (USD Million)
- 5.2.1. PLC
- 5.2.2. Robotics
Chapter 6. North America Manufacturing Automation Market: Deployment Analysis
- 6.1. Deployment Movement Analysis & Market Share, 2023 & 2030
- 6.2. North America Manufacturing Automation Market Estimates & Forecast, By Deployment (USD Million)
- 6.2.1. On-Premises
- 6.2.2. Cloud-Based
Chapter 7. North America Manufacturing Automation Market: End-use Analysis
- 7.1. End-use Movement Analysis & Market Share, 2023 & 2030
- 7.2. North America Manufacturing Automation Market Estimates & Forecast, By End-use (USD Million)
- 7.2.1. Discrete Manufacturing
- 7.2.2. Process Manufacturing
Chapter 8. North America Manufacturing Automation Market: Industry Vertical Analysis
- 8.1. Industry Vertical Movement Analysis & Market Share, 2023 & 2030
- 8.2. North America Manufacturing Automation Market Estimates & Forecast, By Industry Vertical (USD Million)
- 8.2.1. Automotive
- 8.2.2. Consumer Electronics
- 8.2.3. Healthcare
- 8.2.4. Transportation and Logistics
- 8.2.5. Others
Chapter 9. North America Manufacturing Automation Market: Application Analysis
- 9.1. Application Movement Analysis & Market Share, 2023 & 2030
- 9.2. North America Manufacturing Automation Market Estimates & Forecast, By Application (USD Million)
- 9.2.1. Assemble Line Automation
- 9.2.2. Material Handling Automation
- 9.2.3. Welding and Fabrication Automation
- 9.2.4. Packaging Automation
- 9.2.5. Others
Chapter 10. North America Manufacturing Automation Market: Solution Analysis
- 10.1. Solution Movement Analysis & Market Share, 2023 & 2030
- 10.2. North America Manufacturing Automation Market Estimates & Forecast, By Solution (USD Million)
- 10.2.1. Control Systems
- 10.2.2. Monitoring and Diagnostics
- 10.2.3. Robotics and Autonomous Systems
Chapter 11. North America Manufacturing Automation Market: Enterprise Size Analysis
- 11.1. Enterprise Size Movement Analysis & Market Share, 2023 & 2030
- 11.2. North America Manufacturing Automation Market Estimates & Forecast, By Enterprise Size (USD Million)
- 11.2.1. SMEs
- 11.2.2. Large Enterprises
Chapter 12. North America Manufacturing Automation Market: Regional Estimates & Trend Analysis
- 12.1. North America
- 12.1.1. North America Manufacturing Automation Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 12.1.2. U.S.
- 12.1.2.1. U.S. Manufacturing Automation Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 12.1.3. Canada
- 12.1.3.1. Canada Manufacturing Automation Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Chapter 13. North America Manufacturing Automation Market - Competitive Landscape
- 13.1. Recent Developments & Impact Analysis, By Key Market Participants
- 13.2. Company Categorization
- 13.3. Participant's Overview
- 13.4. Financial Performance
- 13.5. Product Benchmarking
- 13.6. Company Market Positioning
- 13.7. Company Heat Map Analysis
- 13.8. Strategy Mapping
- 13.8.1. Expansion/Divestiture
- 13.8.2. Mergers & Acquisitions
- 13.8.3. New Product Launches
- 13.8.4. Collaborations/Partnerships
- 13.9. Company Profiles
- 13.9.1. ABB Ltd.
- 13.9.1.1. Participant's Overview
- 13.9.1.2. Financial Performance
- 13.9.1.3. Product Benchmarking
- 13.9.1.4. Recent Developments
- 13.9.2. Applied Manufacturing Technologies
- 13.9.2.1. Participant's Overview
- 13.9.2.2. Financial Performance
- 13.9.2.3. Product Benchmarking
- 13.9.2.4. Recent Developments
- 13.9.3. ATS Corporation
- 13.9.3.1. Participant's Overview
- 13.9.3.2. Financial Performance
- 13.9.3.3. Product Benchmarking
- 13.9.3.4. Recent Developments
- 13.9.4. Eclipse Automation Inc.
- 13.9.4.1. Participant's Overview
- 13.9.4.2. Financial Performance
- 13.9.4.3. Product Benchmarking
- 13.9.4.4. Recent Developments
- 13.9.5. Epson Robots
- 13.9.5.1. Participant's Overview
- 13.9.5.2. Financial Performance
- 13.9.5.3. Product Benchmarking
- 13.9.5.4. Recent Developments
- 13.9.6. Excelpro
- 13.9.6.1. Participant's Overview
- 13.9.6.2. Financial Performance
- 13.9.6.3. Product Benchmarking
- 13.9.6.4. Recent Developments
- 13.9.7. FANUC (FANUC Corporation)
- 13.9.7.1. Participant's Overview
- 13.9.7.2. Financial Performance
- 13.9.7.3. Product Benchmarking
- 13.9.7.4. Recent Developments
- 13.9.8. INTECH
- 13.9.8.1. Participant's Overview
- 13.9.8.2. Financial Performance
- 13.9.8.3. Product Benchmarking
- 13.9.8.4. Recent Developments
- 13.9.9. KUKA AG
- 13.9.9.1. Participant's Overview
- 13.9.9.2. Financial Performance
- 13.9.9.3. Product Benchmarking
- 13.9.9.4. Recent Developments
- 13.9.10. Mecademic
- 13.9.10.1. Participant's Overview
- 13.9.10.2. Financial Performance
- 13.9.10.3. Product Benchmarking
- 13.9.10.4. Recent Developments
- 13.9.11. Mitsubishi Electric Corporation
- 13.9.11.1. Participant's Overview
- 13.9.11.2. Financial Performance
- 13.9.11.3. Product Benchmarking
- 13.9.11.4. Recent Developments
- 13.9.12. Motoman (Yaskawa America, Inc.)
- 13.9.12.1. Participant's Overview
- 13.9.12.2. Financial Performance
- 13.9.12.3. Product Benchmarking
- 13.9.12.4. Recent Developments
- 13.9.13. Reko Automation Inc.
- 13.9.13.1. Participant's Overview
- 13.9.13.2. Financial Performance
- 13.9.13.3. Product Benchmarking
- 13.9.13.4. Recent Developments
- 13.9.14. Rockwell Automation Inc.
- 13.9.14.1. Participant's Overview
- 13.9.14.2. Financial Performance
- 13.9.14.3. Product Benchmarking
- 13.9.14.4. Recent Developments
- 13.9.15. Schneider Electric
- 13.9.15.1. Participant's Overview
- 13.9.15.2. Financial Performance
- 13.9.15.3. Product Benchmarking
- 13.9.15.4. Recent Developments
- 13.9.16. Teradyne, Inc.
- 13.9.16.1. Participant's Overview
- 13.9.16.2. Financial Performance
- 13.9.16.3. Product Benchmarking
- 13.9.16.4. Recent Developments
- 13.9.1. ABB Ltd.
Product Code: GVR-4-68040-282-6
List of Tables
- Table 1 North America Manufacturing Automation Market- Key market driver impact
- Table 2 North America Manufacturing Automation Market- Key market restraint impact
- Table 3 North America Manufacturing Automation Market Revenue Estimates and Forecast, By Component, 2018 - 2030 (USD Million)
- Table 4 North America Manufacturing Automation Market Revenue Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
- Table 5 North America Manufacturing Automation Market Revenue Estimates and Forecast, By Deployment, 2018 - 2030 (USD Million)
- Table 6 North America Manufacturing Automation Market Revenue Estimates and Forecast, By End-Use, 2018 - 2030 (USD Million)
- Table 7 North America Manufacturing Automation Market Revenue Estimates and Forecast, By Industry Vertical, 2018 - 2030 (USD Million)
- Table 8 North America Manufacturing Automation Market Revenue Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- Table 9 North America Manufacturing Automation Market Revenue Estimates and Forecast, By Solution, 2018 - 2030 (USD Million)
- Table 10 North America Manufacturing Automation Market Revenue Estimates and Forecast, By Enterprise Size, 2018 - 2030 (USD Million)
- Table 11 Recent Developments & Impact Analysis, By Key Market Participants
- Table 12 Company Heat Map Analysis
- Table 13 Key companies undergoing expansions/divestitures.
- Table 14 Key Companies undergoing mergers & acquisitions.
- Table 15 Key companies launching new products
- Table 16 Key companies engaged in partnerships/collaborations
List of Figures
- Fig. 1 North America Manufacturing Automation Market Segmentation (1/2)
- Fig. 2 North America Manufacturing Automation Market Segmentation (2/2)
- Fig. 3 Information Procurement
- Fig. 4 Data Analysis Models
- Fig. 5 Market Formulation and Validation
- Fig. 6 Data Validating & Publishing
- Fig. 7 Market Snapshot
- Fig. 8 Segment Snapshot (1/4)
- Fig. 9 Segment Snapshot (2/4)
- Fig. 10 Segment Snapshot (3/4)
- Fig. 11 Segment Snapshot (4/4)
- Fig. 12 Competitive Landscape Snapshot
- Fig. 13 North America Manufacturing Automation Market Value, 2023 - 2030 (USD Million)
- Fig. 14 North America Manufacturing Automation Market - Industry Value Chain Analysis
- Fig. 15 Market Dynamics
- Fig. 16 U.S Annual Installation of Industrial Robots (Thousand Units)
- Fig. 17 Common Barriers to the Adoption of Automation Across Industries in 2023
- Fig. 18 Global Average Weekly Cyberattack by Sector in 2023 Q2
- Fig. 19 North America Manufacturing Automation Market: PORTER's Analysis
- Fig. 20 North America Manufacturing Automation Market: PESTEL Analysis
- Fig. 21 Industry Evolution Timeline
- Fig. 22 Annual Installation of Industrial Robots, by Region (Thousand Units) in 2022
- Fig. 23 Annual Installation of Industrial Robots vs Collaborative Robots (Thousand Units) in 2022
- Fig. 24 New Hires to Vacancies Ratio in the Manufacturing Sector of Canada
- Fig. 25 Manufacturing Automation Technology Trends
- Fig. 26 Global AI Adoption Rate, 2022
- Fig. 27 Annual Installation of Industrial Robots, by Country (Thousand Units) in 2022
- Fig. 28 Major Benefits of Digital Twin Technology
- Fig. 29 An overview of PLC and SCADA functioning
- Fig. 30 North America Manufacturing Automation Market, by Component: Key Takeaways
- Fig. 31 North America Manufacturing Automation Market, by Component: Market Share, 2023 & 2030
- Fig. 32 Hardware Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 33 Software Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 34 Services Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 35 North America Manufacturing Automation Market, by Technology: Key Takeaways
- Fig. 36 North America Manufacturing Automation Market, by Technology: Market Share, 2023 & 2030
- Fig. 37 PLC Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 38 Robotics Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 39 North America Manufacturing Automation Market, by Deployment: Key Takeaways
- Fig. 40 North America Manufacturing Automation Market, by Deployment: Market Share, 2023 & 2030
- Fig. 41 On-Premises Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 42 Cloud-based Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 43 North America Manufacturing Automation Market, by End-use: Key Takeaways
- Fig. 44 North America Manufacturing Automation Market, by End-use: Market Share, 2023 & 2030
- Fig. 45 Discrete Manufacturing Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 46 Process Manufacturing Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 47 North America Manufacturing Automation Market, by Industry Vertical: Key Takeaways
- Fig. 48 North America Manufacturing Automation Market, by Industry Vertical: Market Share, 2023 & 2030
- Fig. 49 Automotive Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 50 Consumer Electronics Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 51 Healthcare Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 52 Transportation and Logistics Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 53 Others Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 54 North America Manufacturing Automation Market, by Application: Key Takeaways
- Fig. 55 North America Manufacturing Automation Market, by Application: Market Share, 2023 & 2030
- Fig. 56 Assembly Line Automation Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 57 Material Handling Automation Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 58 Welding and Fabrication Automation Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 59 Packaging Automation Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 60 Others Application Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 61 North America Manufacturing Automation Market, by Solution: Key Takeaway
- Fig. 62 North America Manufacturing Automation Market, by Solution: Market Share, 2023 & 2030
- Fig. 63 Control Systems Solution Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 64 Monitoring and Diagnostics Solution Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 65 Robotics and Autonomous Systems Solution Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 66 North America Manufacturing Automation Market, by Enterprise Size: Key Takeaways
- Fig. 67 North America Manufacturing Automation Market, by Enterprise Size: Market Share, 2023 & 2030
- Fig. 68 Small and Medium Enterprises Size Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 69 Large Enterprise Size Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 70 North America Manufacturing Automation Market by Region, 2023 & 2030 Revenue (USD Million)
- Fig. 71 Regional Marketplace: Key Takeaways
- Fig. 72 North America Manufacturing Automation Market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 73 U.S Manufacturing Automation Market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 74 Canada Manufacturing Automation Market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 75 Mexico Manufacturing Automation Market Estimates & Forecast, 2018 - 2030 (USD Million)
- Fig. 76 Key Company Categorization
- Fig. 77 Company Market Positioning
- Fig. 78 Strategic framework
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