Market Size of United States Factory Automation and Industrial Controls Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 7.80 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
US Factory Automation and Industrial Controls Market Analysis
The United States factory automation and industrial controls market is expected to register a CAGR of 7.8% during the forecast period. Due to the impact of the COVID-19 pandemic, robots are projected to play a major role in bringing jobs back to the United States, improving factory productivity, and helping manufacturers adapt to changing preferences of the consumer.
- Factory automation and control solutions facilitate the automation of an entire manufacturing/production facility by designing and constructing a fully integrated and intelligent control system, including sensors, robots, computers, industrial instruments, and advanced data processing solutions.
- These solutions are implemented primarily to reduce companies' reliance on unreliable and error-prone manual processes and replace them with command-response activities executed by logical programming commands and mechanized equipment. Some general-purpose industrial-process controllers include programmable logic controllers (PLCs) and stand-alone I/O modules.
- A notable impact of COVID-19 was observed in the US industrial sector. Due to several restrictions on staffing in industries, the growth of the industrial sector was negatively impacted. According to the Bureau of Economic Analysis (BEA) data, the country's real GDP decreased at an annual rate of 4.8% in the first quarter of 2020. However, the pandemic significantly enhanced awareness about using advanced technologies such as automation, AI, IIoT, etc. These are expected to have a long-term impact on the growth of the market studied in the United States.
- In recent years, especially after the pandemic, the US government started focusing on boosting its local manufacturing industries with initiatives like "Make in America," which is expected to drive the growth of the market studied. For instance, in March 2022, the US government announced that for the products to qualify as Made in America for federal procurement, 60% of the value of their parts should be manufactured in the country, which earlier accounted for 55%. The government plans to enhance it further to 65% in 2024 and 75% in 2029.
US Factory Automation and Industrial Controls Industry Segmentation
The study characterizes the market based on the type of products, such as DCS, PLC, SCADA, motors and Drives, robotics, and among others. By the end-user industry, the market is divided into oil and gas, chemical and petrochemical, power, and food and beverage, among others. The scope of the study is currently focused on the United States. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
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| By End-user Industry | |
| Oil and Gas | |
| Chemical and Petrochemical | |
| Power and Utilities | |
| Food and Beverage | |
| Automotive and Transportation | |
| Pharmaceutical | |
| Other End-user Industries |
United States Factory Automation and Industrial Controls Market Size Summary
The United States factory automation and industrial controls market is poised for significant growth, driven by the increasing adoption of advanced technologies such as automation, artificial intelligence, and the Industrial Internet of Things (IIoT). These technologies are becoming integral in enhancing factory productivity and adapting to evolving consumer preferences. The market is characterized by the implementation of integrated control systems that include sensors, robots, and advanced data processing solutions, which aim to reduce reliance on manual processes and improve operational efficiency. The COVID-19 pandemic has accelerated the awareness and adoption of these technologies, as manufacturers seek to overcome challenges posed by staffing restrictions and supply chain disruptions. Government initiatives like "Make in America" further bolster the market by encouraging local manufacturing and increasing the domestic value addition in federally procured products.
The demand for automation solutions is particularly strong in the automotive sector, where the shift towards electric vehicles and the need for efficient production processes drive the adoption of industrial robots and smart factory solutions. The United States, with its robust automotive industry and significant manufacturing capabilities, presents a promising market for vendors offering these technologies. Distributed Control Systems (DCS) are gaining traction due to their ability to enhance process visibility and control, especially in industries such as petrochemicals and oil and gas. The market is competitive, with key players engaging in strategic partnerships and acquisitions to strengthen their offerings. Collaborations, such as that between Google Cloud and Siemens, highlight the trend towards integrating cloud and AI capabilities with factory automation solutions, aiming to optimize production operations and improve efficiency.
United States Factory Automation and Industrial Controls 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 Value Chain Analysis
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Bargaining Power of Suppliers
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1.3.2 Bargaining Power of Consumers
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1.3.3 Threat of New Entrants
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1.3.4 Threat of Substitutes
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1.3.5 Intensity of Competitive Rivalry
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1.4 Assessment of COVID -19 impact on the Industry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Industrial Control Systems
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2.1.1.1 Distributed Control System (DCS)
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2.1.1.2 Programable Logic Controller (PLC)
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2.1.1.3 Supervisory Control and Data Acquisition (SCADA)
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2.1.1.4 Product Lifecycle Management (PLM)
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2.1.1.5 Manufacturing Execution System (MES)
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2.1.1.6 Human Machine Interface (HMI)
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2.1.1.7 Other Industrial Control Systems
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2.1.2 Field Devices
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2.1.2.1 Machine Vision
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2.1.2.2 Industrial Robotics
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2.1.2.3 Motors and Drives
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2.1.2.4 Safety Systems
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2.1.2.5 Sensors & Transmitters
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2.1.2.6 Other Field Devices
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2.2 By End-user Industry
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2.2.1 Oil and Gas
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2.2.2 Chemical and Petrochemical
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2.2.3 Power and Utilities
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2.2.4 Food and Beverage
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2.2.5 Automotive and Transportation
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2.2.6 Pharmaceutical
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2.2.7 Other End-user Industries
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United States Factory Automation and Industrial Controls Market Size FAQs
What is the current United States Factory Automation and Industrial Controls Market size?
The United States Factory Automation and Industrial Controls Market is projected to register a CAGR of 7.80% during the forecast period (2024-2029)
Who are the key players in United States Factory Automation and Industrial Controls Market?
Rockwell Automation Inc., Honeywell International Inc., ABB Ltd, Schneider Electric SE and Emerson Electric Company are the major companies operating in the United States Factory Automation and Industrial Controls Market.
