The North America Industrial Automation And Control Systems Market would witness market growth of 9.5% CAGR during the forecast period (2022-2028).
The SIS usually includes an engineered set of software and hardware controls that can be used on essential or critical process systems. The SIS facilitates the safe operation of any process in dangerous or unacceptable conditions. It is necessary for SIS to be independent of any other control systems working on the same instrument, as it may compromise its functionality.
In general, SIS is made up of the same kinds of control components as BPCS, such as logic solvers, sensors, actuators, and other types of control machinery. However, an SIS's whole control structure is focused primarily on ensuring that the SIS flows efficiently. Additionally, within a facility, the BPCS is regarded as one of the safety layers that comes before the SIS.
There are approximately 230,000 robots in the US, and the International Federation of Robots (IFR) that this number will continue to rise at an exponential pace since the nation is expediting its automation approaches. Some renowned companies like Amazon and Google have also invested in robotic implementations like the recent high-profile pure-play robots by the companies. A survey by a major company in America even estimated the extent and presence of robotic performance.
The US market dominated the North America Industrial Automation and Control Systems Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $60,660.6 million by 2028. The Canada market is poised to grow at a CAGR of 12% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 11.1% during (2022 - 2028).
Based on Type, the market is segmented into Distributed Control Systems (DCS), Programmable Logic Controller (PLC), SCADA, and Others. Based on Component, the market is segmented into Sensors, Control Valves, Human Machine Interface (HMI), Industrial Robots, and Others. Based on Vertical, the market is segmented into Manufacturing, Oil & Gas, Healthcare, Chemical, Mining & Metal, Automotive, Food & Beverage, Energy & Utilities, Aerospace & Defense, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Industrial Automation And Control Systems Market is Estimated to reach $301.8 Billion by 2028, at a CAGR of 10%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Emerson Electric Co., Honeywell International, Inc., Kawasaki Heavy Industries, Ltd., Mitsubishi Electric Corporation, Omron Corporation, Rockwell Automation, Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric Corporation.
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