The North America and Europe industrial automation market is expected to grow to US$ 127.11 billion by 2028; it is estimated to grow at a CAGR of 6.9% from 2022 to 2028.
During the forecast period, the industrial automation market players are expected to benefit significantly from the increasing demand for automation in the construction sector. The construction industry is highly reliant on manual labor, and physical work is the primary source of productivity. However, the trend is changing as the adoption of automated solutions such as robots is increasing across various industries, including construction, refurbishment, and deconstruction. While robots are yet to have a substantial role in commercial construction, the rising investment in automation is expected to drive the demand for automated solutions in the construction sector.
The use of various types of robots, such as those for 3D printing, demolition, and remote-controlled or autonomous vehicles, is increasing in the construction industry. Despite the fact that the adoption of automation in construction is still in its early stages, it is expected to accelerate in the future, driving growth in the industrial automation market.
In 2020, ABB commissioned a global survey of 1,900 small and large construction businesses in Europe, the US, and China. The survey found that 81% of respondents planned to increase the use of robotics and automation within the next decade. The increasing adoption of robots in the construction industry is expected to drive the growth of the industrial automation market.
The growth of the industrial automation market is hindered by the high initial investment required for implementing automated machinery and solutions. The cost of material and labor involved in installing such technologies is significantly higher than that of traditional solutions in various industries. In addition, the adoption of industrial automation requires skilled labor to operate, which is a challenge in developing and underdeveloped countries. Moreover, the installation of these technologies increases the cost of training and support, leading to higher operational costs. These factors are limiting the uptake of industrial automation in such countries and thus, restraining the growth of the industrial automation market.
The implementation of automated processes in the automotive industry involves optimizing repetitive tasks, such as welding, material handling, and assembling car components. The integration of vision, robotics, and software can improve quality, repeatability, and reduce labor costs and rework. In Europe, many well-known car manufacturers, such as Volkswagen, BMW, Peugeot, and Renault, have established over 200 production and assembly plants, which produced more than 15 million cars in 2019. Therefore, the strong presence of the automotive industry in Europe is expected to drive the adoption of automated solutions across the industrial automation market in the region.
The adoption of robotics systems in manufacturing facilities has been a trend in Europe for some time now, and the ongoing advancements in IoT-based technologies are further driving its adoption. The European Commission has allocated a budget of US$780 million for R&D in robotics, AI, and Cobots between 2018 and 2020, with countries such as Germany, the UK, and France being at the forefront of the European industrial automation market. The European Commission is primarily focused on R&D funding to enhance the competitiveness of its manufacturing sector and maintain its global technological leadership. Among the key players in the Europe industrial automation market are ABB Ltd, Hitachi Ltd, OMRON Corporation, Siemens, and Emerson Electric Co.
Industrial automation in Germany is boosted by the country's strong focus on digitalization across the manufacturing sector, with a robot density of over 300 per 10,000 workers making it one of the major adopters of industrial robots. Germany's robust infrastructure, presence of original equipment manufacturers (OEMs), R&D capabilities, and political and industrial stability position it as Europe's hub for robotics. The food & beverage industry is one of the largest industries in Germany, with R&D and innovation expenditure reaching EUR 3 billion in 2019, creating a significant scope for industrial automation. The German airport authorities have also invested heavily in advanced technologies for airport renovation. For example, Munich Airport and Lufthansa tested a humanoid robot for passenger guidance in Terminal 2 in February 2018, while Frankfurt Airport deployed FRAnny, an AI-powered robotics head to assist passengers with information in April 2019.
The industrial automation market in North America and Europe is classified into three segments: component, system, and end-user. The component segment is further divided into hardware and software. The system segment is categorized into supervisory control and data acquisition, distributed control system, programmable logic control, and others. The end-user segment includes oil & gas, automotive, food & beverage, chemical & materials, aerospace & defense, and others.
Impact of COVID-19 Pandemic on North America and Europe Industrial Automation Market
North America is known for its high acceptance and development rate of emerging technologies, aided by favorable government policies to boost innovation and infrastructure capabilities. Unfortunately, the outbreak of COVID-19 had a negative impact on the region's automotive industry, particularly in Mexico, which saw a 90% decline in auto shipments. Despite this setback, other industries in the region saw a significant increase in robot procurement in Q1 of 2021. According to the Association for Advancing Automation, metal manufacturers saw an 86% increase, life sciences, pharmaceuticals, and biomed manufacturers saw a 72% increase, food and consumer goods manufacturers saw a 32% increase, and other non-automotive manufacturers saw a 12% increase in robot adoption compared to Q1 of 2020. This rise in robot adoption has helped to revive the sales volume of industrial automation solutions in North America in 2021.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
2. North America and Europe Industrial Automation Market- Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America and Europe Industrial Automation Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America - PEST Analysis
4.2.2 Europe - PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America and Europe Industrial Automation Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Rising Uptake of Automation across Food & Beverage Industry
5.1.2 Increase in Machine Vision Systems Adoption for Industrial Automation
5.2 Key Market Restraints
5.2.1 Requirement of High Initial Investment
5.3 Key Market Opportunities
5.3.1 Integration of Robotics in the Construction Industry
5.4 Future Trends
5.4.1 Surging Demand for Automation in the E-commerce Industry
5.5 Impact Analysis of Drivers and Restraints
6. North America and Europe Industrial Automation Market - Key Market Dynamics
6.1 North America and Europe Industrial Automation Market Overview
6.2 North America and Europe Industrial Automation Market Forecast and Analysis
6.3 Market Positioning of Key Players
7. North America and Europe Industrial Automation Market Analysis - By Component
7.1 Overview
7.2 North America and Europe Industrial Automation Market, By Component (2021 and 2028)
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
7.3.3 Motors and Drives
7.3.3.1 Overview
7.3.3.2 Motors and Drives: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
7.3.4 Robots
7.3.4.1 Overview
7.3.4.2 Robots: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
7.3.5 Sensor
7.3.5.1 Overview
7.3.5.2 Sensor: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
7.3.6 Machine Vision System
7.3.6.1 Overview
7.3.6.2 Machine Vision System: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
7.3.7 Others
7.3.7.1 Overview
7.3.7.2 Others: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
7.4 Software
7.4.1 Overview
7.4.2 Software: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
8. North America and Europe Industrial Automation Market Analysis - By System
8.1 Overview
8.2 North America and Europe Industrial Automation Market, By System (2021 and 2028)
8.3 Supervisory Control and Data Acquisition
8.3.1 Overview
8.3.2 Supervisory Control and Data Acquisition: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
8.4 Distributed Control System
8.4.1 Overview
8.4.2 Distributed Control System: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
8.5 Programmable Logic Control
8.5.1 Overview
8.5.2 Programmable Logic Control: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
8.6 Others
8.6.1 Overview
8.6.2 Others: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
9. North America and Europe Industrial Automation Market Analysis - By End User
9.1 Overview
9.2 North America and Europe Industrial Automation Market, By End User (2021 and 2028)
9.3 Oil & Gas
9.3.1 Overview
9.3.2 Oil & Gas: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
9.4 Automotive
9.4.1 Overview
9.4.2 Automotive: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
9.5 Food & Beverage
9.5.1 Overview
9.5.2 Food & Beverage: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
9.6 Chemical & Materials
9.6.1 Overview
9.6.2 Chemical & Materials: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
9.7 Aerospace & Defense
9.7.1 Overview
9.7.2 Aerospace & Defense: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
9.8 Others
9.8.1 Overview
9.8.2 Others: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
10. North America and Europe Industrial Automation Market - Geographic Analysis
10.1 Overview
10.2 North America: Industrial Automation Market
10.2.1 North America: Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
10.2.2 North America: Industrial Automation Market, by Component
10.2.3 North America: Industrial Automation Market, by System
10.2.4 North America: Industrial Automation Market, by End User
10.2.5 North America: Industrial Automation Market, by Key Country
10.2.5.1 US: Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
10.2.5.1.1 US: Industrial Automation Market, by Component
10.2.5.1.2 US: Industrial Automation Market, by Hardware
10.2.5.1.3 US: Industrial Automation Market, by System
10.2.5.1.4 US: Industrial Automation Market, by End User
10.2.5.2 Canada: Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
10.2.5.2.1 Canada: Industrial Automation Market, by Component
10.2.5.2.2 Canada: Industrial Automation Market, by Hardware
10.2.5.2.3 Canada: Industrial Automation Market, by System
10.2.5.2.4 Canada: Industrial Automation Market, by End User
10.2.5.3 Mexico: Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
10.2.5.3.1 Mexico: Industrial Automation Market, by Component
10.2.5.3.2 Mexico: Industrial Automation Market, by Hardware
10.2.5.3.3 Mexico: Industrial Automation Market, by System
10.2.5.3.4 Mexico: Industrial Automation Market, by End User
10.3 Europe: Industrial Automation Market
10.3.1 Europe: Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
10.3.2 Europe: Industrial Automation Market, by Component
10.3.3 Europe: Industrial Automation Market, by System
10.3.4 Europe: Industrial Automation Market, by End User
10.3.5 Europe: Industrial Automation Market, by Key Country
10.3.5.1 Germany: Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
10.3.5.1.1 Germany: Industrial Automation Market, by Component
10.3.5.1.2 Germany: Industrial Automation Market, by Hardware
10.3.5.1.3 Germany: Industrial Automation Market, by System
10.3.5.1.4 Germany: Industrial Automation Market, by End User
10.3.5.2 France: Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
10.3.5.2.1 France: Industrial Automation Market, by Component
10.3.5.2.2 France: Industrial Automation Market, by Hardware
10.3.5.2.3 France: Industrial Automation Market, by System
10.3.5.2.4 France: Industrial Automation Market, by End User
10.3.5.3 Italy: Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
10.3.5.3.1 Italy: Industrial Automation Market, by Component
10.3.5.3.2 Italy: Industrial Automation Market, by Hardware
10.3.5.3.3 Italy: Industrial Automation Market, by System
10.3.5.3.4 Italy: Industrial Automation Market, by End User
10.3.5.4 UK: Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
10.3.5.4.1 UK: Industrial Automation Market, by Component
10.3.5.4.2 UK: Industrial Automation Market, by Hardware
10.3.5.4.3 UK: Industrial Automation Market, by System
10.3.5.4.4 UK: Industrial Automation Market, by End User
10.3.5.5 Russia: Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
10.3.5.5.1 Russia: Industrial Automation Market, by Component
10.3.5.5.2 Russia: Industrial Automation Market, by Hardware
10.3.5.5.3 Russia: Industrial Automation Market, by System
10.3.5.5.4 Russia: Industrial Automation Market, by End User
10.3.5.6 Rest of Europe: Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
10.3.5.6.1 Rest of Europe: Industrial Automation Market, by Component
10.3.5.6.2 Rest of Europe: Industrial Automation Market, by Hardware
10.3.5.6.3 Rest of Europe: Industrial Automation Market, by System
10.3.5.6.4 Rest of Europe: Industrial Automation Market, by End User
11. Impact of COVID-19 Pandemic on Industrial Automation Market
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
12.4 New Product Launch
13. Company Profiles
13.1 ABB Ltd
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Bosch Rexroth AG
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Emerson Electric Co
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Hitachi Ltd
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Honeywell International Inc
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Mitsubishi Electric Corp
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 OMRON Corp
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Rockwell Automation Inc
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Schneider Electric SE
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Siemens AG
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About
14.2 Word Index
LIST OF TABLES
Table 1. North America and Europe Industrial Automation Market Revenue and Forecasts to 2028 (US$ Bn)
Table 2. North America: Industrial Automation Market, by Component - Revenue and Forecast to 2028 (US$ Billion)
Table 3. North America: Industrial Automation Market, by Hardware - Revenue and Forecast to 2028 (US$ Billion)
Table 4. North America: Industrial Automation Market, by System - Revenue and Forecast to 2028 (US$ Billion)
Table 5. North America: Industrial Automation Market, by End User - Revenue and Forecast to 2028 (US$ Billion)
Table 6. US: Industrial Automation Market, by Component -Revenue and Forecast to 2028 (US$ Billion)
Table 7. US: Industrial Automation Market, by Hardware -Revenue and Forecast to 2028 (US$ Billion)
Table 8. US: Industrial Automation Market, by System -Revenue and Forecast to 2028 (US$ Billion)
Table 9. US: Industrial Automation Market, by End User -Revenue and Forecast to 2028 (US$ Billion)
Table 10. Canada: Industrial Automation Market, by Component - Revenue and Forecast to 2028 (US$ Billion)
Table 11. Canada: Industrial Automation Market, by Hardware - Revenue and Forecast to 2028 (US$ Billion)
Table 12. Canada: Industrial Automation Market, by System - Revenue and Forecast to 2028 (US$ Billion)
Table 13. Canada: Industrial Automation Market, by End User - Revenue and Forecast to 2028 (US$ Billion)
Table 14. Mexico: Industrial Automation Market, by Component - Revenue and Forecast to 2028 (US$ Billion)
Table 15. Mexico: Industrial Automation Market, by Hardware - Revenue and Forecast to 2028 (US$ Billion)
Table 16. Mexico: Industrial Automation Market, by System - Revenue and Forecast to 2028 (US$ Billion)
Table 17. Mexico: Industrial Automation Market, by End User - Revenue and Forecast to 2028 (US$ Billion)
Table 18. Europe: Industrial Automation Market, by Component- Revenue and Forecast to 2028 (US$ Billion)
Table 19. Europe: Industrial Automation Market, by Hardware- Revenue and Forecast to 2028 (US$ Billion)
Table 20. Europe: Industrial Automation Market, by System - Revenue and Forecast to 2028 (US$ Billion)
Table 21. Europe: Industrial Automation Market, by End User- Revenue and Forecast to 2028 (US$ Billion)
Table 22. Germany: Industrial Automation Market, by Component - Revenue and Forecast to 2028 (US$ Billion)
Table 23. Germany: Industrial Automation Market, by Hardware - Revenue and Forecast to 2028 (US$ Billion)
Table 24. Germany: Industrial Automation Market, by System - Revenue and Forecast to 2028 (US$ Billion)
Table 25. Germany: Industrial Automation Market, by End User - Revenue and Forecast to 2028 (US$ Billion)
Table 26. France: Industrial Automation Market, by Component - Revenue and Forecast to 2028 (US$ Billion)
Table 27. France: Industrial Automation Market, by Hardware - Revenue and Forecast to 2028 (US$ Billion)
Table 28. France: Industrial Automation Market, by System - Revenue and Forecast to 2028 (US$ Billion)
Table 29. France: Industrial Automation Market, by End User - Revenue and Forecast t2o 2028 (US$ Billion)
Table 30. Italy: Industrial Automation Market, by Component - Revenue and Forecast to 2028 (US$ Billion)
Table 31. Italy: Industrial Automation Market, by Hardware - Revenue and Forecast to 2028 (US$ Billion)
Table 32. Italy: Industrial Automation Market, by System - Revenue and Forecast to 2028 (US$ Billion)
Table 33. Italy: Industrial Automation Market, by End User - Revenue and Forecast to 2028 (US$ Billion)
Table 34. UK: Industrial Automation Market, by Component - Revenue and Forecast to 2028 (US$ Billion)
Table 35. UK: Industrial Automation Market, by Hardware - Revenue and Forecast to 2028 (US$ Billion)
Table 36. UK: Industrial Automation Market, by System - Revenue and Forecast to 2028 (US$ Billion)
Table 37. UK: Industrial Automation Market, by End User - Revenue and Forecast to 2028 (US$ Billion)
Table 38. Russia: Industrial Automation Market, by Component - Revenue and Forecast to 2028 (US$ Billion)
Table 39. Russia: Industrial Automation Market, by Hardware - Revenue and Forecast to 2028 (US$ Billion)
Table 40. Russia: Industrial Automation Market, by System - Revenue and Forecast to 2028 (US$ Billion)
Table 41. Russia: Industrial Automation Market, by End User - Revenue and Forecast to 2028 (US$ Billion)
Table 42. Rest of Europe: Industrial Automation Market, by Component - Revenue and Forecast to 2028 (US$ Billion)
Table 43. Rest of Europe: Industrial Automation Market, by Hardware - Revenue and Forecast to 2028 (US$ Billion)
Table 44. Rest of Europe: Industrial Automation Market, by System - Revenue and Forecast to 2028 (US$ Billion)
Table 45. Rest of Europe: Industrial Automation Market, by End User - Revenue and Forecast to 2028 (US$ Billion)
Table 46. List of Abbreviation
LIST OF FIGURES
Figure 1. Industrial Automation Market Segmentation
Figure 2. Industrial Automation Market Segmentation - By Region
Figure 3. North America and Europe Industrial Automation Market Overview
Figure 4. Hardware Held the Highest Share in North America & Europe Industrial Automation Market in 2021
Figure 5. Others Held the Highest Share in North America & Europe Industrial Automation Market in 2021
Figure 6. Automotive Held the Highest Share in North America & Europe Industrial Automation Market in 2021
Figure 7. Industrial Automation Market, by Geography
Figure 8. North America - PEST Analysis
Figure 9. Europe - PEST Analysis
Figure 10. Expert Opinion
Figure 11. Industrial Automation Market Impact Analysis of Drivers and Restraints
Figure 12. North America and Europe Industrial Automation Market - Geographic Analysis
Figure 13. North America and Europe Industrial Automation Market Forecast and Analysis, (US$ Bn)
Figure 14. North America and Europe Industrial Automation Market Revenue Share, by Component (2021 and 2028)
Figure 15. Hardware: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 16. Motors and Drives: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 17. Robots: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 18. Sensor: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 19. Machine Vision System: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 20. Others: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 21. Software: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 22. North America and Europe Industrial Automation Market Revenue Share, by System (2021 and 2028)
Figure 23. Supervisory Control and Data Acquisition: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 24. Distributed Control System: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 25. Programmable Logic Control: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 26. Others: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 27. North America and Europe Industrial Automation Market Revenue Share, by End User (2021 and 2028)
Figure 28. Oil & Gas: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 29. Automotive: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 30. Food & Beverage: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 31. Chemical & Materials: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 32. Aerospace & Defense: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 33. Others: North America and Europe Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 34. North America and Europe Industrial Automation Market Revenue Share, by Region (2021 and 2028)
Figure 35. North America: Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 36. North America: Industrial Automation Market Revenue Share, by Component (2021 and 2028)
Figure 37. North America: Industrial Automation Market Revenue Share, by System (2021 and 2028)
Figure 38. North America: Industrial Automation Market Revenue Share, by End User (2021 and 2028)
Figure 39. North America: Industrial Automation Market Revenue Share, by Key Country (2021 and 2028)
Figure 40. US: Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 41. Canada: Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 42. Mexico: Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 43. Europe: Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 44. Europe: Industrial Automation Market Revenue Share, by Component (2021 and 2028)
Figure 45. Europe: Industrial Automation Market Revenue Share, by System (2021 and 2028)
Figure 46. Europe: Industrial Automation Market Revenue Share, by End User (2021 and 2028)
Figure 47. Europe: Industrial Automation Market Revenue Share, by Key Country (2021 and 2028)
Figure 48. Germany: Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 49. France: Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 50. Italy: Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 51. UK: Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 52. Russia: Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 53. Rest of Europe: Industrial Automation Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 54. Impact of COVID-19 Pandemic in North American Country Markets
Figure 55. Impact of COVID-19 Pandemic in Europe Country Markets
The List of Companies - North America and Europe Industrial Automation Market
1. ABB Ltd.
2. Bosch Rexroth AG
3. Emerson Electric Co.
4. Hitachi Ltd.
5. Honeywell International, Inc.
6. Mitsubishi Electric Corporation
7. Omron Corporation
8. Rockwell Automation, Inc.
9. Schneider Electric SE
10. Siemens AG