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North American Factory Automation Market 2020-2026

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  • December 2020
  • Region: North America
  • Orion Market Research Private Limited
  • ID: 5241020
North American Factory Automation Market Size, Share & Trends Analysis Report by Component (Industrial Robots, Machine Vision, Human Machine Interface (HMI), Sensors, Control Valves, and Others), By Control Systems(PLC, DCS, SCADA, MES, and Others), By Industry (Automotive, Aerospace & Defense, Oil & Gas, Chemical, Food & Beverages, Healthcare, and Others) and Forecast 2020-2026.

The North American factory automation market is estimated to grow significantly during the forecast period. The growth of the market is attributed to the rising demand for human-robot collaboration in the manufacturing sector and the growing demand for connected devices in the industrial sector for overall cost reduction. Furthermore growing integration of AI and IoT technologies in the manufacturing industry is substantially providing the future growth opportunity to the market.

The North American market for factory automation is classified on the basis of components, control systems, and Industry. Based on the component, the market is classified into industrial robots, machine vision, human-machine interface (HMI), sensors, control valves, and others. The industrial robots segment is projected to have considerable growth in the North American market. Based on the control systems, the North American factory automation market is further segmented into programmable logic controllers (PLC), distributed control systems (DCS), supervisory control and data acquisition system (SCADA), manufacturing execution systems (MES), and others. The DCS segment held a significant share in the North American factory automation market. On the basis of industry, the market is further segregated into automotive, aerospace & defense, oil & gas, chemical, food & beverages, healthcare, and others. Based on geography, the North American factory automation market is further segregated into the US and Canada. Among, geography the US is projected to have a considerable share in the North American factory automation market.

The companies which are contributing to the growth of the North American factory automation market include ABB Ltd., Honeywell International, Inc., Emerson Electric Co., General Electric Co., Rockwell Automation, Inc., Schneider Electric SE, Siemens AG, and others. Product launch, merger, and acquisition, collaborations with government, and technological advancements through which market players are considerably contributing to the market growth to stay competitive in the market.

Research Methodology

The market study of the North American factory automation market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. the team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. the analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.

Secondary Sources Include:
  • Financial reports of companies involved in the market.
  • Whitepapers, research-papers, and news blogs.
  • Company websites and their product catalog.

The report is intended for factory automation solutions providers, software vendors, AI solution providers, robotic solution providers, hardware manufacturers, and other market participants for overall market analysis, and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

1. North American Factory Automation Market Research and Analysis by Component
2. North American Factory Automation Market Research and Analysis by Control Systems
3. North American Factory Automation Market Research and Analysis by Industry

The Report Covers:
  • Comprehensive research methodology of the North American factory automation market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the North American factory automation market.
  • Insights about market determinants that are stimulating the North American factory automation market.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.

Table of Contents

1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. North American Electric Vehicle Plastics Market by Plastic Type
5.1.1. Polyvinyl Chloride (PVC)
5.1.2. Acrylonitrile Butadiene Styrene (ABS)
5.1.3. Polyamide (PA)
5.1.4. Polycarbonate (PC)
5.1.5. Polyurethane (PU)
5.1.6. Polyamide (PA)
5.1.7. Polymethylmethacrylate (PMMA)
5.1.8. Others (Polypropylene)
5.2. North American Electric Vehicle Plastics Market by Vehicle Type
5.2.1. Hybrid Electric Vehicles (HEVs)
5.2.2. Battery Electric Vehicle (BEV)
5.2.3. Plug-In Hybrid Electric Vehicles (PHEVs)
6. Regional Analysis
6.1. United States
6.2. Canada
7. Company Profiles
7.1. Arkema Group
7.2. AGC Chemicals
7.3. BASF SE
7.4. Celanese Corp.
7.5. DuPont de Nemours, Inc.
7.6. Evonik Industries AG
7.7. Formosa Plastics Corp.
7.9. Mitsubishi Chemical Corp.
7.10. LyondellBasell Industries Holdings B.V.
7.11. LG Chem Ltd.
7.12. SABIC
7.13. Solvay SA

Companies Mentioned

A selection of companies mentioned in this report includes:

  • ABB Ltd.
  • Dwyer Instruments, Inc.
  • Emerson Electric Co.
  • General Electric Co.
  • Honeywell International Inc.
  • Mitsubishi Electric Corp.
  • NovaTech, LLC
  • Rockwell Automation, Inc.
  • Siemens AG
  • Schneider Electric SE