Market Size of NA ICS Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.20 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
North America Industrial Control Systems Market Analysis
The North America Industrial Control System Market is anticipated to grow with a CAGR of 3.2% during the forecast period of 2021- 2026. Adopting rapid digital transformation strategies due to COVID-19 has instantly increased the need for security, followed by other issues such as performance, availability, security, and increased IT costs, necessitating Industrial Control Security solutions and services. COVID-19 has increased the focus of ICS on the use of the internet in its operations. This is increasing the importance of Industrial Control Security. Due to advantages such as interconnectivity and better management, Industrial Control Security solutions and services witnessed an increased demand during the pandemic.
- There is a growing demand for automation and customized service solutions in industrial applications. The advent of technology over the past few years has enabled the coupling of mechanical devices with computer-based systems to operate and control production; this has resulted in the development of automated equipment capable of significantly higher production rates, effortless monitoring, and reduced wastage over traditional machines.
- The rising cost of labor, coupled with the immense pressure on manufacturers to meet deadlines, has resulted in the increased adoption of automation in factories. Additionally, improved efficiency and reduction in production costs compared to the conventional manufacturing process are boosting the adoption of automation, which is acting as a driver for industrial controls.
- The connectivity of networks in the manufacturing process and efficiency in production by automation are expected to change the traditional business operations and create ample opportunities in the future.
- The manufacturing sector is a crucial aspect of the region's GDP, indicating economic health. The market for industrial controls is undergoing significant transformations in North America.
- According to the Department of Homeland Security (DHS), 85% of the critical infrastructure in the US, such as oil & gas, banking and finance, transportation, utilities, electric power grids, and defense, are owned by the private sector, and the public sector regulates the rest. For example, the energy and power grid sector in the region requires public, private, and regulatory cooperation among DHS, the Department of Energy (DOE), and the Department of Defense (DOD) for protecting their Operational Technology (OT) and ICS systems from cyber threats. Moreover, this region is witnessing the widespread adoption of cloud-based ICS security solutions and services.
North America Industrial Control Systems Industry Segmentation
Industrial control systems include supervisory control and data acquisition systems used to control geographically dispersed assets, as well as distributed control systems and smaller control systems that use programmable logic controllers to control localized processes. The report provides a detailed account of qualitative and quantitative findings across various market segments and geographies. North America Industrial Control Systems Market is segmented by type of system (SCADA (Supervisory Control and Data Acquisition), DCS ( Distributed Control Systems), PLC (Programmable logic controller), MES (Machine Execution Systems), PLM (Product Lifecycle Management ), ERP (Enterprise Resource Planning), HMI (Human Machine Interface), Others (Operator Training Simulators, Machine Safety Systems)), End-user (Automotive, Chemical & Petrochemical, Utilities, Pharmaceutical, Food & Beverage, Oil & Gas, Others) and Country.
By Type of System | |
SCADA (Supervisory Control and Data Acquisition) | |
DCS ( Distributed Control Systems) | |
PLC (Programmable logic controller) | |
MES (Machine Execution Systems) | |
PLM (Product Lifecycle Management ) | |
ERP (Enterprise Resource Planning) | |
HMI (Human Machine Interface) | |
Others (Operator Training Simulators, Machine Safety Systems) |
By End-user Industry | |
Automotive | |
Chemical & Petrochemical | |
Utilities | |
Pharmaceutical | |
Food & Beverage | |
Oil & Gas | |
Others |
Country | |
United States | |
Canada | |
Rest of North America |
NA ICS Market Size Summary
The North American industrial control systems market is experiencing significant growth, driven by the increasing demand for automation and digital transformation across various sectors. The COVID-19 pandemic has accelerated the adoption of digital strategies, highlighting the need for enhanced security and performance in industrial operations. This shift has led to a greater emphasis on industrial control security solutions, which offer interconnectivity and improved management capabilities. The region's manufacturing sector, a vital component of its economic health, is witnessing a transformation with the integration of automated systems that enhance production efficiency and reduce costs. The automotive industry, a major revenue generator, is a key driver of this market growth, as it increasingly adopts advanced industrial control systems and automation technologies.
The market is also benefiting from the deployment of smart grids and cloud-based security solutions, which are expected to enhance the reliability and efficiency of utility operations. Government initiatives in the United States and Canada, such as investments in smart energy technologies and grid reliability improvements, are further propelling market expansion. The oil and gas industry, with its stringent safety and efficiency regulations, continues to be a significant application area for industrial control systems. Despite the market's moderate concentration, dominated by major players like Rockwell Automation, Emerson Electric, and Honeywell International, mid-size and smaller companies are gaining traction through technological advancements and strategic collaborations. These developments are fostering a competitive landscape, with companies focusing on expanding their market presence and enhancing their product offerings to meet the evolving demands of the industry.
NA ICS Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Attractiveness - Porter's Five Forces Analysis
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1.2.1 Bargaining Power of Suppliers
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1.2.2 Bargaining Power of Consumers
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1.2.3 Threat of New Entrants
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1.2.4 Threat of Substitutes
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1.2.5 Intensity of Competitive Rivalry
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1.3 Assessment of the Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Type of System
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2.1.1 SCADA (Supervisory Control and Data Acquisition)
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2.1.2 DCS ( Distributed Control Systems)
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2.1.3 PLC (Programmable logic controller)
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2.1.4 MES (Machine Execution Systems)
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2.1.5 PLM (Product Lifecycle Management )
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2.1.6 ERP (Enterprise Resource Planning)
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2.1.7 HMI (Human Machine Interface)
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2.1.8 Others (Operator Training Simulators, Machine Safety Systems)
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2.2 By End-user Industry
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2.2.1 Automotive
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2.2.2 Chemical & Petrochemical
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2.2.3 Utilities
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2.2.4 Pharmaceutical
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2.2.5 Food & Beverage
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2.2.6 Oil & Gas
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2.2.7 Others
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2.3 Country
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2.3.1 United States
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2.3.2 Canada
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2.3.3 Rest of North America
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NA ICS Market Size FAQs
What is the current NA ICS Market size?
The NA ICS Market is projected to register a CAGR of 3.20% during the forecast period (2024-2029)
Who are the key players in NA ICS Market?
Emerson Electric Co., Honeywell International Inc., General Electric Co., ABB Group and Johnson Controls International PLC are the major companies operating in the NA ICS Market.