The North America Manufacturing Automation Market would witness market growth of 9.1% CAGR during the forecast period (2024-2031).
The US market dominated the North America Manufacturing Automation Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $4,914.1 million by 2031. The Canada market is experiencing a CAGR of 11.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 10.5% during (2024 - 2031).
Manufacturing automation uses advanced technologies and systems to control and operate machinery, production lines, and processes in a manufacturing environment with minimal human intervention. It integrates mechanical, electrical, and computer-based systems, including robotics, artificial intelligence (AI), machine learning, and advanced control systems, to streamline production processes, enhance efficiency, reduce human error, and increase productivity.
Additionally, automation enables manufacturers to optimize operations by enabling machines and systems to perform repetitive, complex, or hazardous tasks that would otherwise necessitate human labour. One of the primary drivers of the manufacturing automation market is the need for increased productivity. In today’s economy, manufacturers are under constant pressure to produce more in less time while maintaining or improving the quality of their products.
The region's strong industrial base and technological leadership make it a key market for adopting automation technologies. According to the National Institute of Standards and Technology, the United States is the second-largest manufacturing nation, contributing $2.3 trillion to its GDP in 2022, representing approximately 11.4% of the total U.S. GDP. This robust manufacturing foundation creates a significant opportunity for the manufacturing sector to adopt and expand automation technologies, including AI and robotics.
Free Valuable Insights: The Manufacturing Automation Market is Predict to reach USD 23.9 Billion by 2031, at a CAGR of 9.4%
Based on Enterprise Size, the market is segmented into Large Enterprises and SMEs. Based on End-Use, the market is segmented into Discrete Manufacturing and Process Manufacturing. Based on Component, the market is segmented into Hardware, Software, and Services (Managed Services and Professional Services). Based on Technology, the market is segmented into PLC and Robotics. Based on Solution, the market is segmented into Monitoring & Diagnostics, Control Systems, and Robotics & Autonomous Systems. Based on Deployment, the market is segmented into On-premises and Cloud-based. Based on Industry Vertical, the market is segmented into Automotive, Consumer Electronics, Transportation & Logistics, Healthcare, and Other Industry Vertical. Based on Application, the market is segmented into Assembly Line Automation, Material Handling Automation, Transportation & Logistics, Welding & Fabrication Automation, Packaging Automation, and Other Application. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Enterprise Size
By End-Use
By Component
By Technology
By Solution
By Deployment
By Industry Vertical
By Application
By Country
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