North America industrial automation equipment (IAE) market is projected to grow by 5.8% annually in the forecast period and reach $90.3 billion by 2032, driven by the technological advancement in industrial automation equipment, emergence of new products and services, and the increasing adoption of advanced automation systems to improve the productivity and save cost.
Highlighted with 32 tables and 57 figures, this 163-page report "North America Industrial Automation Equipment (IAE) Market 2022-2032 by Equipment Type (Automation Equipment, Power Transmission, Motors and Motor Controls), Technology (Industrial Robots, Control Valves, Sensors, Machine Vision), Industry Vertical (Oil & Gas, Automotive & Transportation, Mining & Metals, Machine Manufacturing, Energy and Power, Electrical & Electronics, Others), and Country: Trend Forecast and Growth Opportunity" is based on a comprehensive research of the entire North America industrial automation equipment (IAE) market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America industrial automation equipment (IAE) Industrial Automation Equipment (IAE) market in every aspect of the classification from perspectives of Equipment Type, Technology, Industry Vertical and Country.
Based on Equipment Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Automation Equipment Sector
o Discrete Controllers & Visualization
o Process Control
o Switchgear
• Power Transmission Equipment
o Rotary Products
o Linear Products
• Motors and Motor Controls
o Motors & Generators
o Motor Controls
Based on Technology, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Industrial Robots
• Control Valves
• Sensors
• Machine Vision
• Other Technologies
By Industry Vertical, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Oil & Gas
• Automotive & Transportation
• Mining & Metals
• Machine Manufacturing
• Energy and Power
• Electrical & Electronics
• Aerospace & Defense
• Chemical Industry
• Pharmaceuticals
• Food & Beverages
• Other Industries
Geographically, the following national/local markets are fully investigated:
• U.S.
• Canada
• Mexico
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Equipment Type, Technology, and Industry Vertical over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
ABB Ltd.
Azbil Corporation
Bharat Heavy Electrical Ltd
Danaher Corporation
Emerson Electric Co.
Fanuc Corp.
General Electric Co.
Hitachi, Ltd.
Honeywell International Inc.
Johnson Controls Inc
Metso Corporation
Mitsubishi Electric Corp.
Nextnine Ltd
NovaTech Process Solutions LLC
Omron Corporation
Rockwell Automation Inc.
Samsung Electronics
Schneider Electric SE
Siemens AG
Toshiba Machine Co., Ltd.
Yaskawa Electric Corp.
Yokogawa Electric Corporation
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 21
2.1 Market Size and Forecast 21
2.1.1 Impact of COVID-19 on World Economy 22
2.1.2 Impact of COVID-19 on the Market 25
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 27
2.2 Major Growth Drivers 31
2.3 Market Restraints and Challenges 34
2.4 Emerging Opportunities and Market Trends 37
2.5 Porter's Fiver Forces Analysis 41
3 Segmentation of North America Market by Equipment Type 45
3.1 Market Overview by Equipment Type 45
3.2 Automation Equipment Sector 47
3.2.1 Discrete Controllers & Visualization 48
3.2.2 Process Control 49
3.2.3 Switchgear 50
3.3 Power Transmission Equipment 51
3.3.1 Rotary Products 52
3.3.2 Linear Products 53
3.4 Motors and Motor Controls 54
3.4.1 Motors & Generators 55
3.4.2 Motor Controls 56
4 Segmentation of North America Market by Technology 57
4.1 Market Overview by Technology 57
4.2 Industrial Robots 59
4.3 Control Valves 60
4.4 Sensors 61
4.5 Machine Vision 62
4.6 Other Technologies 63
5 Segmentation of North America Market by Industry Vertical 64
5.1 Market Overview by Industry Vertical 64
5.2 Oil & Gas 66
5.3 Automotive & Transportation 67
5.4 Mining & Metals 68
5.5 Machine Manufacturing 69
5.6 Energy and Power 70
5.7 Electrical & Electronics 71
5.8 Aerospace & Defense 72
5.9 Chemical Industry 73
5.10 Pharmaceuticals 74
5.11 Food & Beverages 75
5.12 Other Industries 76
6 North America Market 2022-2032 by Country 77
6.1 Overview of North America Market 77
6.2 U.S. 80
6.3 Canada 84
6.4 Mexico 87
7 Competitive Landscape 90
7.1 Overview of Key Vendors 90
7.2 New Product Launch, Partnership, Investment, and M&A 94
7.3 Company Profiles 95
ABB Ltd. 95
Azbil Corporation 97
Bharat Heavy Electrical Ltd 99
Danaher Corporation 101
Emerson Electric Co. 103
Fanuc Corp. 109
General Electric Co. 111
Hitachi, Ltd. 114
Honeywell International Inc. 118
Johnson Controls Inc 124
Metso Corporation 125
Mitsubishi Electric Corp. 127
Nextnine Ltd 131
NovaTech Process Solutions LLC 132
Omron Corporation 133
Rockwell Automation Inc. 136
Samsung Electronics 139
Schneider Electric SE 144
Siemens AG 149
Toshiba Machine Co., Ltd. 153
Yaskawa Electric Corp. 156
Yokogawa Electric Corporation 160
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