North America Smart Manufacturing Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers North America Smart Manufacturing Companies and the market is segmented by technology (programmable logic controller, supervisory controller and data acquisition, enterprise resource and planning, distributed control system, human machine interface, product lifecycle management, manufacturing execution system, and other technologies), component (communication segment, control device, machine vision systems, robotics, sensor, and other components), end-user industry (automotive, oil and gas, chemical and petrochemical, pharmaceutical, food and beverage, metals and mining, and other end users), and geography (US and Canada). The market sizes and forecasts are provided in terms of value (USD billion) for all the above segments.

North America Smart Manufacturing Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

North America Smart Manufacturing Industry Overview

The North American smart manufacturing market is semi-consolidated and has several major players. The major players with prominent shares in the market are focusing on expanding their customer base across foreign countries. The companies leverage strategic collaborative initiatives to increase their market share and profitability.

In June 2023, Emerson announced that it enhanced its DeltaV Distributed Control System with the addition of their NextGen Smart Firewall for better network security as manufacturing and plant connectivity continue to grow. The company has recently released its new NextGen Smart Firewall for enhancing the DeltaV system and enhance its security. The firewall is built with a purpose for the industrial manufacturing industry and fits into most manufacturing processes. The objective of the firewall is to aid manufacturers in surging cyber security and secure plant networks without adding complexity to operations teams, who are often already overburdened.

In November 2022, Rockwell Automation, Inc. announced that it delivered an intelligent edge management and orchestration platform with an edge application ecosystem - based on zero trust security and open industry standards - accelerating digital transformation for industrial customers.

North America Smart Manufacturing Market Leaders

  1. ABB Ltd

  2. Emerson Electric Company

  3. General Electric Company

  4. Honeywell International Inc.

  5. Rockwell Automation Inc.

  6. *Disclaimer: Major Players sorted in no particular order
North America Smart Manufacturing Market Concentration