The Canada industrial automation market is expected to grow at a CAGR of 8.2% during the forecast period. The market is segmented by product category, including robotics, programmable logic controllers (PLC), and human-machine interfaces (HMI).
The Canadian industrial automation market size is anticipated to reach USD 3.4 billion by 2028, expanding at a CAGR of 8.5% during the forecast period. The market is driven by the increasing adoption of Industry 4.0 technologies and the growing demand for industrial automation solutions in various end-use industries.
The Canada industrial automation market is segmented into product categories such as sensors, actuators, and control systems. The control systems segment is expected to hold the largest market share during the forecast period, driven by the increasing adoption of PLCs and distributed control systems (DCS).
According to Statistics Canada, the industrial automation market in Canada was valued at CAD 2.5 billion in 2022. The market is expected to grow at a CAGR of 8.1% from 2023 to 2028, driven by the increasing demand for industrial automation solutions in the manufacturing, oil and gas, and food processing industries.
The Canada industrial automation market is expected to be driven by the increasing adoption of industrial IoT (IIoT) and artificial intelligence (AI) technologies. The market is segmented by product category, including industrial robots, machine vision systems, and industrial control systems.
The industrial automation market in Canada is highly competitive, with major players such as Siemens, Rockwell Automation, and Schneider Electric. The market is segmented by product category, including industrial automation equipment, industrial control systems, and industrial robotics.
The Canada industrial automation market is expected to grow at a CAGR of 8.3% during the forecast period, driven by the increasing demand for industrial automation solutions in the automotive, aerospace, and food processing industries. The market is segmented by product category, including industrial automation equipment, industrial control systems, and industrial robotics.
The Canadian Manufacturers & Exporters (CME) association provides industrial automation solutions for Canadian manufacturers, including industrial control systems, industrial robotics, and machine vision systems. The association also provides training and consulting services to help manufacturers implement industrial automation solutions.