Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Base Year
Historical Year
Forecast Year
The North America process automation market reached a value of approximately USD 34.20 billion in 2023. The market is projected to grow at a CAGR of 5.3% between 2024 and 2032, reaching a value of around USD 54.44 billion by 2032.
North America Process Automation Market Report Summary | Description | Value |
Base Year | USD Billion | 2023 |
Historical Period | USD Billion | 2018-2023 |
Forecast Period | USD Billion | 2024-2032 |
Market Size 2023 | USD Billion | 34.20 |
Market Size 2032 | USD Billion | 54.44 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 5.3% |
CAGR 2024-2032 - Market by Region | United States of America | 5.8% |
CAGR 2024-2032 - Market by Region | Canada | XX% |
CAGR 2024-2032 - Market by Communication Protocol | Wired Protocol | 4.8% |
CAGR 2024-2032 - Market by Application | Chemicals and Mining | 5.0% |
Market Share by Country | United States of America | 87.0% |
In 2022, the Foreign Direct Investments (FDI), in the United States was concentrated to the manufacturing sector, accounting for about 42.4%. Automation of the manufacturing sector plays a key role in attracting the investments and creating employment. In 2023, total installations of industrial robots increased by 12% and reached 44,303 units in the United States.
Additionally, the government of the United States is encouraging the use of robotic process automation (RPA). Currently, over 30 government agencies are using UiPath to reduce backlogs, eliminate compliance issues, improve throughput, and save taxpayer money.
Automotive segment is expected to grow at a CAGR of 6% between 2024-2032. The automobile sector in the United States is a powerhouse, with the presence of some of largest the car manufacturers such as Tesla and Ford. In 2021, the United States produced about 10.3 million vehicles. Over the forecast period, process automation will be increasingly adopted in the automotive manufacturing sector as it makes use of advanced workflow management and visual design tools to automate business processes.
North America Process Automation Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by System Type
CAGR 2024-2032 - Market by | Communication Protocol |
Wired Protocol | 4.8% |
Wireless Protocol | XX% |
Market Breakup by Communication Protocol
CAGR 2024-2032 - Market by | Application |
Chemicals and Mining | 5.0% |
Oil and Gas | 4.8% |
Consumer Goods | XX% |
Pharma and Bioech | XX% |
Water and Wastewater | XX% |
Automotive | XX% |
Market Breakup by Application
CAGR 2024-2032 - Market by | Country |
United States of America | 5.8% |
Canada | XX% |
Market Breakup by Country
Canada is expected to witness significant growth, growing at a CAGR of 4.8% between 2024 and 2032. Canada is considered a hub for manufacturing automation. Industrial automation in the country contributes to about CAD 7 billion per annum to the Canadian economy. The presence of organisations such as Automate Canada is supporting the development and adoption of automation technologies in the country’s manufacturing sector.
Market Share by | Country |
United States of America | 87.0% |
Canada | XX% |
Market players are actively investing in research and development activities to improve their products and services to stay ahead of the curve.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by System Type |
|
Breakup by Communication Protocol |
|
Breakup by Application |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
In 2023, the process automation market reached an approximate value of USD 34.20 billion.
The North America process automation market is estimated to grow at a CAGR of 5.3% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 54.44 billion by 2032.
The United States of America and Canada are the two countries studied in the market report.
Wired protocol and wireless protocol are the two types as per the market report.
The major system types are supervisory control and data acquisition (SCADA), programmable logic controller (PLC), distributed control system (DCS), machine execution system (MES), valves and actuators, electric motors, human machine interface (HMI), process safety systems, and sensors and transmitters, among others.
The major applications are oil and gas, chemicals and mining, consumer goods, pharma and biotech, water and wastewater, automotive, and power, among others.
The major players in the market are ABB Ltd., Siemens AG, Schneider Electric SE, General Electric Co., Rockwell Automation Inc., Emerson Electric Co., Honeywell International Inc., Mitsubishi Electric Corp., Fuji Electric Co Ltd, and Yokogawa Electric Corp., among others.
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124