The North America Automotive Manufacturing Equipment Market would witness market growth of 10.1% CAGR during the forecast period (2023-2030).
Growing demand for vehicles, particularly in emerging countries, significantly motivates automotive manufacturers to expand their production capacities. Continual technological advancements in the industry have also contributed to the development of more advanced and efficient manufacturing equipment, such as robotics and automation. In addition, government initiatives aimed at reducing carbon emissions and enhancing fuel efficiency have increased the emphasis on hybrid and electric vehicles, which require specialized manufacturing equipment.
These factors present companies with opportunities to innovate and achieve success. The market describes the industry that manufactures and distributes the apparatus, tools, and equipment used in the automobile manufacturing process. This market encompasses a vast array of equipment, including testing equipment, assembly line machinery, welding machines, robotic systems, painting systems, and manufacturing tools.
Canada hosts one of the world's only five MTDM manufacturing clusters. The industry is indispensable to Canada's economy. In 2020, it will contribute $12.5 billion to Canada's gross domestic product, making it one of the most important industrial sectors in the country. The robust presence of the automotive industry is anticipated to increase demand for the market in line with the growing demand for vehicles and the need to automate manufacturing processes, thereby driving market expansion in the region.
The US market dominated the North America Automotive Manufacturing Equipment Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,593.9 Million by 2030. The Canada market is poised to grow at a CAGR of 12.6% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 11.6% during (2023 - 2030).
Based on Mode of Operation, the market is segmented into Automatic, and Semi-Automatic. Based on Equipment Type, the market is segmented into Robot, CNC Machine, Conveyor Belt, Stamping Machine, Welding Machine, and Injection Molding Machine. Based on Vehicle Type, the market is segmented into Commercial Vehicles, and Passenger Vehicles. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Automotive Manufacturing Equipment Market is Projected to reach USD 13.3 Billion by 2030, at a CAGR of 10.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Ltd, FANUC Corporation, Kuka AG (Midea Group Co., Ltd.), Daifuku Co., Limited, Yaskawa Electric Corporation, Kawasaki Heavy Industries, Ltd., Amada Co., Ltd., Schuler Group GmbH (Andritz Group), Universal Robots A/S (Teradyne, Inc.) and TRUMPF SE + Co. KG.
Scope of the Study
Market Segments Covered in the Report:
By Mode of Operation
By Equipment Type
- Robot
- CNC Machine
- Conveyor Belt
- Stamping Machine
- Welding Machine
- Injection Molding Machine
By Vehicle Type
- Commercial Vehicles
- Passenger Vehicles
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- ABB Ltd
- FANUC Corporation
- Kuka AG (Midea Group Co., Ltd.)
- Daifuku Co., Limited
- Yaskawa Electric Corporation
- Kawasaki Heavy Industries, Ltd.
- Amada Co., Ltd.
- Schuler Group GmbH (Andritz Group)
- Universal Robots A/S (Teradyne, Inc.)
- TRUMPF SE + Co. KG
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Automotive Manufacturing Equipment Market, by Mode of Operation
1.4.2 North America Automotive Manufacturing Equipment Market, by Equipment Type
1.4.3 North America Automotive Manufacturing Equipment Market, by Vehicle Type
1.4.4 North America Automotive Manufacturing Equipment Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2019, Mar – 2023, Apr) Leading Players
Chapter 4. North America Automotive Manufacturing Equipment Market by Mode of Operation
4.1 North America Automatic Market by Country
4.2 North America Semi-Automatic Market by Country
Chapter 5. North America Automotive Manufacturing Equipment Market by Equipment Type
5.1 North America Robot Market by Country
5.2 North America CNC Machine Market by Country
5.3 North America Conveyor Belt Market by Country
5.4 North America Stamping Machine Market by Country
5.5 North America Welding Machine Market by Country
5.6 North America Injection Molding Machine Market by Country
Chapter 6. North America Automotive Manufacturing Equipment Market by Vehicle Type
6.1 North America Commercial Vehicles Market by Country
6.2 North America Passenger Vehicles Market by Country
Chapter 7. North America Automotive Manufacturing Equipment Market by Country
7.1 US Automotive Manufacturing Equipment Market
7.1.1 US Automotive Manufacturing Equipment Market by Mode of Operation
7.1.2 US Automotive Manufacturing Equipment Market by Equipment Type
7.1.3 US Automotive Manufacturing Equipment Market by Vehicle Type
7.2 Canada Automotive Manufacturing Equipment Market
7.2.1 Canada Automotive Manufacturing Equipment Market by Mode of Operation
7.2.2 Canada Automotive Manufacturing Equipment Market by Equipment Type
7.2.3 Canada Automotive Manufacturing Equipment Market by Vehicle Type
7.3 Mexico Automotive Manufacturing Equipment Market
7.3.1 Mexico Automotive Manufacturing Equipment Market by Mode of Operation
7.3.2 Mexico Automotive Manufacturing Equipment Market by Equipment Type
7.3.3 Mexico Automotive Manufacturing Equipment Market by Vehicle Type
7.4 Rest of North America Automotive Manufacturing Equipment Market
7.4.1 Rest of North America Automotive Manufacturing Equipment Market by Mode of Operation
7.4.2 Rest of North America Automotive Manufacturing Equipment Market by Equipment Type
7.4.3 Rest of North America Automotive Manufacturing Equipment Market by Vehicle Type
Chapter 8. Company Profiles
8.1 ABB Ltd
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.5.3 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 FANUC Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Geographical Expansions:
8.3 Kuka AG (Midea Group Co., Ltd.)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.4 Daifuku Co., Limited
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.4.5.3 Geographical Expansions:
8.5 Yaskawa Electric Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Partnerships, Collaborations, and Agreements:
8.5.4.2 Product Launches and Product Expansions:
8.5.4.3 Geographical Expansions:
8.6 Kawasaki Heavy Industries, Ltd.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.7 Amada Co., Ltd.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.7.6 SWOT Analysis
8.8 Schuler Group GmbH (Andritz Group)
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional & Segmental Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Acquisition and Mergers:
8.9 Universal Robots A/S (Teradyne, Inc.)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Recent strategies and developments:
8.9.4.1 Partnerships, Collaborations, and Agreements:
8.9.4.2 Product Launches and Product Expansions:
8.9.4.3 Acquisition and Mergers:
8.10. TRUMPF SE + Co. KG
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Partnerships, Collaborations, and Agreements:
TABLE 1 North America Automotive Manufacturing Equipment Market, 2019 - 2022, USD Million
TABLE 2 North America Automotive Manufacturing Equipment Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Automotive Manufacturing Equipment Market
TABLE 4 Product Launches And Product Expansions– Automotive Manufacturing Equipment Market
TABLE 5 Acquisition and Mergers– Automotive Manufacturing Equipment Market
TABLE 6 Geographical Expansions– Automotive Manufacturing Equipment Market
TABLE 7 North America Automotive Manufacturing Equipment Market by Mode of Operation, 2019 - 2022, USD Million
TABLE 8 North America Automotive Manufacturing Equipment Market by Mode of Operation, 2023 - 2030, USD Million
TABLE 9 North America Automatic Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Automatic Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Semi-Automatic Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Semi-Automatic Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Automotive Manufacturing Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 14 North America Automotive Manufacturing Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 15 North America Robot Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Robot Market by Country, 2023 - 2030, USD Million
TABLE 17 North America CNC Machine Market by Country, 2019 - 2022, USD Million
TABLE 18 North America CNC Machine Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Conveyor Belt Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Conveyor Belt Market by Country, 2023 - 2030, USD Million
TABLE 21 North America Stamping Machine Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Stamping Machine Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Welding Machine Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Welding Machine Market by Country, 2023 - 2030, USD Million
TABLE 25 North America Injection Molding Machine Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Injection Molding Machine Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Automotive Manufacturing Equipment Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 28 North America Automotive Manufacturing Equipment Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 29 North America Commercial Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Commercial Vehicles Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Passenger Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 32 North America Passenger Vehicles Market by Country, 2023 - 2030, USD Million
TABLE 33 North America Automotive Manufacturing Equipment Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Automotive Manufacturing Equipment Market by Country, 2023 - 2030, USD Million
TABLE 35 US Automotive Manufacturing Equipment Market, 2019 - 2022, USD Million
TABLE 36 US Automotive Manufacturing Equipment Market, 2023 - 2030, USD Million
TABLE 37 US Automotive Manufacturing Equipment Market by Mode of Operation, 2019 - 2022, USD Million
TABLE 38 US Automotive Manufacturing Equipment Market by Mode of Operation, 2023 - 2030, USD Million
TABLE 39 US Automotive Manufacturing Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 40 US Automotive Manufacturing Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 41 US Automotive Manufacturing Equipment Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 42 US Automotive Manufacturing Equipment Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 43 Canada Automotive Manufacturing Equipment Market, 2019 - 2022, USD Million
TABLE 44 Canada Automotive Manufacturing Equipment Market, 2023 - 2030, USD Million
TABLE 45 Canada Automotive Manufacturing Equipment Market by Mode of Operation, 2019 - 2022, USD Million
TABLE 46 Canada Automotive Manufacturing Equipment Market by Mode of Operation, 2023 - 2030, USD Million
TABLE 47 Canada Automotive Manufacturing Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 48 Canada Automotive Manufacturing Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 49 Canada Automotive Manufacturing Equipment Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 50 Canada Automotive Manufacturing Equipment Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 51 Mexico Automotive Manufacturing Equipment Market, 2019 - 2022, USD Million
TABLE 52 Mexico Automotive Manufacturing Equipment Market, 2023 - 2030, USD Million
TABLE 53 Mexico Automotive Manufacturing Equipment Market by Mode of Operation, 2019 - 2022, USD Million
TABLE 54 Mexico Automotive Manufacturing Equipment Market by Mode of Operation, 2023 - 2030, USD Million
TABLE 55 Mexico Automotive Manufacturing Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 56 Mexico Automotive Manufacturing Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 57 Mexico Automotive Manufacturing Equipment Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 58 Mexico Automotive Manufacturing Equipment Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 59 Rest of North America Automotive Manufacturing Equipment Market, 2019 - 2022, USD Million
TABLE 60 Rest of North America Automotive Manufacturing Equipment Market, 2023 - 2030, USD Million
TABLE 61 Rest of North America Automotive Manufacturing Equipment Market by Mode of Operation, 2019 - 2022, USD Million
TABLE 62 Rest of North America Automotive Manufacturing Equipment Market by Mode of Operation, 2023 - 2030, USD Million
TABLE 63 Rest of North America Automotive Manufacturing Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 64 Rest of North America Automotive Manufacturing Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 65 Rest of North America Automotive Manufacturing Equipment Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 66 Rest of North America Automotive Manufacturing Equipment Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 67 Key Information – ABB Ltd
TABLE 68 key information – FANUC Corporation
TABLE 69 Key Information – Kuka AG
TABLE 70 Key Information – Daifuku Co., Limited
TABLE 71 Key Information – Yaskawa Electric Corporation
TABLE 72 Key Information – Kawasaki Heavy Industries, Ltd.
TABLE 73 Key Information – Amada Co., Ltd.
TABLE 74 Key information – Schuler Group GmbH
TABLE 75 Key Information – Universal Robots A/S
TABLE 76 Key Information – TRUMPF SE + Co. KG
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2019, Mar – 2023, Apr) Leading Players
FIG 5 North America Automotive Manufacturing Equipment Market share by Mode of Operation, 2022
FIG 6 North America Automotive Manufacturing Equipment Market share by Mode of Operation, 2030
FIG 7 North America Automotive Manufacturing Equipment Market by Mode of Operation, 2019 - 2030, USD Million
FIG 8 North America Automotive Manufacturing Equipment Market share by Equipment Type, 2022
FIG 9 North America Automotive Manufacturing Equipment Market share by Equipment Type, 2030
FIG 10 North America Automotive Manufacturing Equipment Market by Equipment Type, 2019 - 2030, USD Million
FIG 11 North America Automotive Manufacturing Equipment Market share by Vehicle Type, 2022
FIG 12 North America Automotive Manufacturing Equipment Market share by Vehicle Type, 2030
FIG 13 North America Automotive Manufacturing Equipment Market by Vehicle Type, 2019 - 2030, USD Million
FIG 14 North America Automotive Manufacturing Equipment Market share by Country, 2022
FIG 15 North America Automotive Manufacturing Equipment Market share by Country, 2030
FIG 16 North America Automotive Manufacturing Equipment Market by Country, 2019 - 2030, USD Million
FIG 17 Recent strategies and developments: ABB Ltd
FIG 18 SWOT Analysis: ABB Group
FIG 19 Recent strategies and developments: FANUC Corporation
FIG 20 Recent strategies and developments: Daifuku Co., Limited
FIG 21 Recent strategies and developments: Yaskawa Electric Corporation
FIG 22 SWOT Analysis: Amada Co., Ltd.
FIG 23 Recent strategies and developments: Universal Robots A/S