The North America factory automation market is expected to grow from US$ 46,797.4 million in 2022 to US$ 74,823.3 million by 2028; it is estimated to grow at a CAGR of 8.1% from 2022 to 2028.

“ North America Factory Automation Market Size, Trends, and Forecast 2028” is the latest update in The Insight Partners portfolio. This market research report intends to offer details on the present market situation and include predictions for the future. This report aims to help businesses hunting for high returns on investment to unlock new revenue pockets in the forecast period.

By assisting businesses in determining the best product attributes, USPs, and marketing tactics, market research lowers risks. Companies may choose their place in the market by considering important factors like market share, market size, market revenue, and CAGR. The research's sector-specific coverage and analytical data are crafted following a thorough examination of target North America Factory Automation market participants, industry experts, and demographic groupings.

Key companies in the North America Factory Automation market are- ABB LTD., Emerson Electric Co., FANUC, General Electric Company, Honeywell International Inc., Mitsubishi Electric Corporation, Omron Corporation, Robert Bosch GmbH, Rockwell Automation, Inc., Siemens AG . This report's competitive landscape section helps companies address their push and pull forces. Businesses need these insights to succeed and fill up any gaps in their operations. This research presented places where businesses might position their goods, delving further into the organic growth tactics used by major competitors in the industry.

COVID-19 Impact Analysis

For many firms, the current COVID-19 outbreak has been a roller coaster. A pressing issue was the disturbance of supply networks and downfalls in sales. The split of supply and demand was followed by a drop-in investment, which further lowered ROI expectations. This market study provides a thorough analysis of COVID-19's impact on the North America Factory Automation market. Companies were obliged to become digital during the pandemic under COVID-19. Amidst the fast changes in business dynamics, several organizations adapted successfully, from ubiquitous digital channels to a squeeze in digital infrastructures.

Market Segmentation

Based on Component this market is categorized further into-

  1. Hardware
  2. Software

Based on Hardware this market is categorized further into-

  1. Sensors
  2. Controllers
  3. Robots
  4. Drives
  5. Others

Based on Type this market is categorized further into-

  1. Programmable Automation
  2. Fixed Automation
  3. Flexible Automation

Based on Regions:

  • North America (U.S., Canada, Mexico)
  • Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
  • Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
  • Latin America (Brazil, Rest of Latin America)
  • The Middle East and Africa (Turkey, GCC, Rest of the Middle East and Africa)
  • Rest of the World…

Components of Global North America Factory Automation Market Research:

  • Market Overview- Our analysts will present their opinions based on industry research and valid facts.
  • Market Size, Share, CAGR, and Market Projections
  • North America Factory Automation Market Segmentation- This section will run through key segments in this market
  • Comprehensive analysis of Sales, Demand, and Supply with Segment considerations
  • Regional growth mapping and statistics
  • North America Factory Automation Market Analysis by Dominating Market Players
  • Comprehensive Discussion on Market Trends and Challenges
  • Value Chain Analysis, Business Environment Analysis
  • Strategic Recommendations for Business Growth
  • Strategic Recommendations;
  • Appendix and References;

How To Get The Business Right Through This Deal?

  • Know your competition and plan to outperform them
  • Know your customers and increase your CX
  • Know your products and revise them timely
  • We offer customization and consultation

Published By:

Aiden Clark-

Senior Market Research Expert at The Insight Partners