The North American industrial automation market is projected to reach USD 34.7 billion by 2026, growing at a CAGR of 7.2% during the forecast period.
The global industrial automation market size is expected to reach USD 296.8 billion by 2026, with North America accounting for a significant share, driven by the increasing adoption of Industry 4.0 technologies.
This IEEE Xplore article discusses the growth prospects of the North American industrial automation market, highlighting the role of emerging technologies such as AI, robotics, and IoT in driving market expansion.
Statista reports that the North American industrial automation market was valued at approximately USD 23.4 billion in 2020 and is expected to reach USD 35.4 billion by 2026, growing at a CAGR of 7.5%.
The US Department of Commerce's International Trade Administration provides an overview of the North American industrial automation market, including trends, opportunities, and challenges, in this official report.
Forrester predicts that the North American industrial automation market will experience significant growth due to the increasing demand for smart manufacturing solutions, with the market expected to reach USD 38.2 billion by 2026.
This research paper from MIT discusses the current state and future prospects of the North American industrial automation market, focusing on the impact of technological advancements on market growth and competitiveness.
Biz provides a market analysis tool that offers insights into the North American industrial automation market, including market size predictions, growth drivers, and trends, available for download as a PDF report.