The North American factory automation market is projected to grow at a significant CAGR during the forecast period (2020-2026). The market is mainly driven by the growing adoption of automated control systems in various industries such as automobile, aerospace, healthcare, and others. For instance, in August 2018, The Kardex Remstar introduced a new technology named Shuttle XP Vertical Lift Module (VLM), which can now be equipped with Access Ready Light Technology. This technology is intended to improve product picking productivity and accuracy in logistics warehousing centers.
Browse the full report description 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 at https://www.omrglobal.com/industry-reports/north-american-factory-automation-market
Moreover, in May 2018, Schaefer Systems International acquired INCAS, an Italian based company that provides industrial automation solutions for logistics and production monitoring and integrated software solutions.
Moreover, the Canadian manufacturing industry significantly contributing to the North American factory automation market. The manufacturing industry represents more than 10% of Canada's total GDP, as per the Government of Canada in 2019. The Canadian manufacturing sector covers 21 industry groups that produce goods for both, industrial as well as consumer use. The highly competitive manufacturing industries and the increasing complexity of manufacturing supply chains will further enhance the significance of innovation and the development of new technologies for the manufacturing processes.
Therefore, to increase the efficiency of the manufacturing sector of the country the adoption of factory automation solutions including DCS, MES, and others are anticipated to drive the market growth in Canada.
Market Coverage
Report Elements |
Details |
Study Period |
2019-2026 |
Base year |
2019 |
Forecast period |
2020-2026 |
Segments Covered |
By Component, by Control Systems, and by Industry |
Regions Covered |
US and Canada |
Key Companies Profiled |
ABB Ltd., Honeywell International, Inc., Emerson Electric Co., General Electric Co., Rockwell
Automation, Inc., Schneider
Electric SE, Siemens AG, and
others |
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected region/segment
o Recommendations
North American Factory Automation Market – Segmentation
By Component
By Control Systems
By Industry
North American Factory Automation Market – Segmentation by Region
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