100+ datasets found
  1. N

    North America Industrial Manufacturing Industry Report

    • datainsightsmarket.com
    doc, pdf, ppt
    Updated Jan 27, 2025
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    Data Insights Market (2025). North America Industrial Manufacturing Industry Report [Dataset]. https://www.datainsightsmarket.com/reports/north-america-industrial-manufacturing-industry-10185
    Explore at:
    doc, ppt, pdfAvailable download formats
    Dataset updated
    Jan 27, 2025
    Dataset authored and provided by
    Data Insights Market
    License

    https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    North America
    Variables measured
    Market Size
    Description

    The size of the North America Industrial Manufacturing Industry market was valued at USD 58.35 Million in 2023 and is projected to reach USD 91.39 Million by 2032, with an expected CAGR of 6.62% during the forecast period. Recent developments include: June 2023: Honeywell, an American global company, and LG CNS are collaborating further to increase smart factories' production efficiency and security. Through this collaboration, the two companies will expand cooperation in building smart factories at home and abroad and strengthen OT (Operating Technology) security, which monitors the production process in real-time and remotely controls facilities., March 2023: LG Energy Solution announced an investment of around KRW 7.2 trillion (USD 5.5 billion) in building a battery manufacturing hub in Queen Creek, Arizona. This hub will include two facilities: one for making cylindrical batteries for electric vehicles (EVs) and another for producing lithium iron phosphate (LFP) pouch-type batteries for energy storage systems (ESS)., October 2022: Emerson announced the evolution of Plantweb, a digital ecosystem incorporating the AspenTech portfolio of asset optimization software powered by industrial artificial intelligence, creating the industry's most comprehensive digital transformation portfolio. Moreover, its Plantweb digital ecosystem, optimized by AspenTech, enables industrial manufacturers across all sectors to "See, Decide, Act, and Optimize" their operations.. Key drivers for this market are: Increasing Demand for Automation to Achieve Efficiency and Quality, Need for Compliance and Government Support for Digitization; Proliferation of Internet of Things. Potential restraints include: Concerns Regarding Data Security, High Initial Installation Costs and Lack of Skilled Workforce Preventing Enterprises from Full-scale Adoption. Notable trends are: Robotics is Expected to Witness Significant Growth.

  2. U.S. manufacturing sector output quarterly percent change 2020-2025

    • statista.com
    Updated Apr 25, 2014
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    Statista (2014). U.S. manufacturing sector output quarterly percent change 2020-2025 [Dataset]. https://www.statista.com/statistics/217159/quarterly-percent-change-in-the-us-manufacturing-sector-output/
    Explore at:
    Dataset updated
    Apr 25, 2014
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    The United States manufacturing sector output increased 2.3 percent in the second quarter of 2025. The data are seasonally adjusted at annual rates. Manufacturing sector output is a chain-type, current-weighted index constructed after excluding from the gross domestic product (GDP) the following outputs: general government, nonprofit institutions, and private households (including owner-occupied housing). Corresponding exclusions are also made in labor inputs.

  3. y

    US Manufacturing New Orders

    • ycharts.com
    html
    Updated Sep 3, 2025
    + more versions
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    Census Bureau (2025). US Manufacturing New Orders [Dataset]. https://ycharts.com/indicators/us_manufacturing_new_orders
    Explore at:
    htmlAvailable download formats
    Dataset updated
    Sep 3, 2025
    Dataset provided by
    YCharts
    Authors
    Census Bureau
    License

    https://www.ycharts.com/termshttps://www.ycharts.com/terms

    Time period covered
    Feb 29, 1992 - Jul 31, 2025
    Area covered
    United States
    Variables measured
    US Manufacturing New Orders
    Description

    View monthly updates and historical trends for US Manufacturing New Orders. from United States. Source: Census Bureau. Track economic data with YCharts an…

  4. F

    All Employees, Manufacturing

    • fred.stlouisfed.org
    json
    Updated Nov 20, 2025
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    (2025). All Employees, Manufacturing [Dataset]. https://fred.stlouisfed.org/series/MANEMP
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Nov 20, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for All Employees, Manufacturing (MANEMP) from Jan 1939 to Sep 2025 about headline figure, establishment survey, manufacturing, employment, and USA.

  5. y

    US Manufacturers Sales

    • ycharts.com
    html
    Updated Sep 16, 2025
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    Census Bureau (2025). US Manufacturers Sales [Dataset]. https://ycharts.com/indicators/us_total_manufacturers_sales
    Explore at:
    htmlAvailable download formats
    Dataset updated
    Sep 16, 2025
    Dataset provided by
    YCharts
    Authors
    Census Bureau
    License

    https://www.ycharts.com/termshttps://www.ycharts.com/terms

    Time period covered
    Jan 31, 1992 - Jul 31, 2025
    Area covered
    United States
    Variables measured
    US Manufacturers Sales
    Description

    View monthly updates and historical trends for US Manufacturers Sales. from United States. Source: Census Bureau. Track economic data with YCharts analyti…

  6. North America Smart Manufacturing Market Size, Share, Industry Trends &...

    • mordorintelligence.com
    pdf,excel,csv,ppt
    Updated Jul 8, 2025
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    Mordor Intelligence (2025). North America Smart Manufacturing Market Size, Share, Industry Trends & Report Analysis 2030 [Dataset]. https://www.mordorintelligence.com/industry-reports/north-america-smart-manufacturing-market-industry
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jul 8, 2025
    Dataset provided by
    Authors
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    North America
    Description

    North America Smart Manufacturing Market Share Report is Segmented by Technology (PLC, SCADA and More), Component (Control Devices, Communication Infrastructure, and More), End-User Industry (Automotive, Oil and Gas and More), Deployment Mode (On-Premise, Cloud and More), and Country (United States, Canada). The Market Size and Forecasts are Provided in Terms of Value (USD).

  7. i

    U.S. Contract Manufacturing Trends & Top Companies

    • industrynet.com
    Updated Jan 21, 2025
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    IndustryNet (2025). U.S. Contract Manufacturing Trends & Top Companies [Dataset]. https://www.industrynet.com/blog/us-contract-manufacturing-trends-top-firms
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    Dataset updated
    Jan 21, 2025
    Dataset provided by
    IndustryNet
    License

    https://www.mni.net/legal/termshttps://www.mni.net/legal/terms

    Description

    The contract manufacturing industry is vital to countless businesses, providing the agility, expertise, and scalability that modern manufacturing demands. In an era where efficiency and specialization are critical, contract manufacturers enable companies to bring their products to market faster and often at a lower cost. This article will take an in-depth look at the key facts and trends surrounding this essential sector, explore some top contract manufacturers and provide expert guidance on choosing a contract manufacturer for your business.

  8. U

    US Contract Manufacturing Services Industry Report

    • datainsightsmarket.com
    doc, pdf, ppt
    Updated Nov 12, 2025
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    Data Insights Market (2025). US Contract Manufacturing Services Industry Report [Dataset]. https://www.datainsightsmarket.com/reports/us-contract-manufacturing-services-industry-18576
    Explore at:
    doc, pdf, pptAvailable download formats
    Dataset updated
    Nov 12, 2025
    Dataset authored and provided by
    Data Insights Market
    License

    https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global, United States
    Variables measured
    Market Size
    Description

    The size of the US Contract Manufacturing Services Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 25.10% during the forecast period. Recent developments include: May 2022 - Lonza and Israel Biotech Fund Collaborated Framework Agreement to Support Biologics and Small Molecules Development and Manufacture for Portfolio Companies which Facilitate Access to Israeli Market for Lonza., July 2021 - Catalent Inc launched GPEx lightning, a next-generation cell lighting technology, and the new development would shorten the duration drug the timeline by three months.. Key drivers for this market are: Evolution of service offerings has enabled organizations to increasingly rely on contract manufacturers for their production needs, Challenges due to outsourcing of manufacturing to Asian countries has played a key role in prompting organizations to rely on local contract manufacturers. Potential restraints include: Evolution of service offerings has enabled organizations to increasingly rely on contract manufacturers for their production needs, Challenges due to outsourcing of manufacturing to Asian countries has played a key role in prompting organizations to rely on local contract manufacturers. Notable trends are: Growth of Evolution of service offerings has enabled organizations to increasingly rely on contract manufacturers for their production needs.

  9. y

    US Manufacturing Payrolls

    • ycharts.com
    html
    Updated Sep 5, 2025
    + more versions
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    Bureau of Labor Statistics (2025). US Manufacturing Payrolls [Dataset]. https://ycharts.com/indicators/us_manufacturing_employees_ces
    Explore at:
    htmlAvailable download formats
    Dataset updated
    Sep 5, 2025
    Dataset provided by
    YCharts
    Authors
    Bureau of Labor Statistics
    License

    https://www.ycharts.com/termshttps://www.ycharts.com/terms

    Time period covered
    Jan 31, 1939 - Aug 31, 2025
    Area covered
    United States
    Variables measured
    US Manufacturing Payrolls
    Description

    View monthly updates and historical trends for US Manufacturing Payrolls. from United States. Source: Bureau of Labor Statistics. Track economic data with…

  10. United States Contract Manufacturing Services Market Research Report:...

    • marknteladvisors.com
    Updated Nov 14, 2025
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    MarkNtel Advisors (2025). United States Contract Manufacturing Services Market Research Report: Forecast (2026-2032) [Dataset]. https://www.marknteladvisors.com/research-library/contract-manufacturing-services-market-us
    Explore at:
    Dataset updated
    Nov 14, 2025
    Dataset provided by
    Authors
    MarkNtel Advisors
    License

    https://www.marknteladvisors.com/privacy-policyhttps://www.marknteladvisors.com/privacy-policy

    Area covered
    Global, United States
    Description

    U.S Contract Manufacturing Services Market size is valued at around USD 218.22 billion in 2025 and is projected to reach USD 253.44 billion by 2032 at 2.16% CAGR during 2026-32.

  11. F

    Percent of Employment in Manufacturing in the United States (DISCONTINUED)

    • fred.stlouisfed.org
    json
    Updated Jun 10, 2013
    + more versions
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    (2013). Percent of Employment in Manufacturing in the United States (DISCONTINUED) [Dataset]. https://fred.stlouisfed.org/series/USAPEFANA
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jun 10, 2013
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    Graph and download economic data for Percent of Employment in Manufacturing in the United States (DISCONTINUED) (USAPEFANA) from 1970 to 2012 about percent, manufacturing, employment, and USA.

  12. y

    US Manufacturers Inventories

    • ycharts.com
    html
    Updated Sep 16, 2025
    + more versions
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    Census Bureau (2025). US Manufacturers Inventories [Dataset]. https://ycharts.com/indicators/us_total_manufacturers_inventories
    Explore at:
    htmlAvailable download formats
    Dataset updated
    Sep 16, 2025
    Dataset provided by
    YCharts
    Authors
    Census Bureau
    License

    https://www.ycharts.com/termshttps://www.ycharts.com/terms

    Time period covered
    Jan 31, 1992 - Jul 31, 2025
    Area covered
    United States
    Variables measured
    US Manufacturers Inventories
    Description

    View monthly updates and historical trends for US Manufacturers Inventories. from United States. Source: Census Bureau. Track economic data with YCharts a…

  13. M

    Smart Manufacturing Statistics 2025 By Enhanced Growth

    • scoop.market.us
    Updated Jan 14, 2025
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    Market.us Scoop (2025). Smart Manufacturing Statistics 2025 By Enhanced Growth [Dataset]. https://scoop.market.us/smart-manufacturing-statistics/
    Explore at:
    Dataset updated
    Jan 14, 2025
    Dataset authored and provided by
    Market.us Scoop
    License

    https://scoop.market.us/privacy-policyhttps://scoop.market.us/privacy-policy

    Time period covered
    2022 - 2032
    Area covered
    Global
    Description

    Introduction

    Smart Manufacturing Statistics: Smart manufacturing represents a contemporary industrial strategy using cutting-edge technologies.

    Like the Internet of Things (IoT), Artificial Intelligence (AI), big data analysis, automation, and additive manufacturing.

    To optimize manufacturing processes, boost effectiveness, minimize downtimes, elevate quality control, and provide tailored solutions.

    This transformative approach, although promising substantial advantages, presents difficulties. Such as initial capital requirements, concerns regarding data security, demands for workforce training, intricacies in integrating with existing systems, and adherence to regulatory standards.

    The prospects for smart manufacturing look positive, with continuous technological progress anticipated to enhance accessibility. Which plays a crucial role in the ongoing transformation of manufacturing within Industry 4.0.

    Whereas, Industry 5.0 represents the next evolution in the industrial sector, focusing on the integration of advanced technologies and human creativity.

    https://scoop.market.us/wp-content/uploads/2023/11/Smart-Manufacturing-Statistics.png" alt="Smart Manufacturing Statistics" class="wp-image-39155">
  14. North America Satellite Manufacturing Market Forecasts to 2030

    • mordorintelligence.com
    pdf,excel,csv,ppt
    Updated Jan 8, 2025
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    Mordor Intelligence (2025). North America Satellite Manufacturing Market Forecasts to 2030 [Dataset]. https://www.mordorintelligence.com/industry-reports/north-america-satellite-manufacturing-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jan 8, 2025
    Dataset provided by
    Authors
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2017 - 2030
    Area covered
    North America
    Description

    The North America Satellite Manufacturing Market report segments the industry into Application (Communication, Earth Observation, Navigation, Space Observation, Others), Satellite Mass (10-100kg, 100-500kg, 500-1000kg, Below 10 Kg, above 1000kg), Orbit Class (GEO, LEO, MEO), End User (Commercial, Military & Government, Other), Satellite Subsystem (Propulsion Hardware and Propellant, and more.).

  15. P

    U.S. Artificial Intelligence in Manufacturing Market Report, 2034

    • polarismarketresearch.com
    Updated Sep 24, 2025
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    Polaris Market Research & Consulting, Inc. (2025). U.S. Artificial Intelligence in Manufacturing Market Report, 2034 [Dataset]. https://www.polarismarketresearch.com/industry-analysis/us-artificial-intelligence-in-manufacturing-market
    Explore at:
    Dataset updated
    Sep 24, 2025
    Dataset authored and provided by
    Polaris Market Research & Consulting, Inc.
    License

    https://www.polarismarketresearch.com/privacy-policyhttps://www.polarismarketresearch.com/privacy-policy

    Description

    U.S. Artificial Intelligence in Manufacturing Market size was estimated at USD 2.14 billion in 2024 and is anticipated to grow at a CAGR of 45.4% from 2025 to 2034.

  16. North America Metal Turned Precision Product Manufacturing Market Report...

    • mordorintelligence.com
    pdf,excel,csv,ppt
    Updated Nov 27, 2024
    + more versions
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    Mordor Intelligence (2024). North America Metal Turned Precision Product Manufacturing Market Report 2030 [Dataset]. https://www.mordorintelligence.com/industry-reports/north-america-metal-turned-precision-product-manufacturing-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Nov 27, 2024
    Dataset provided by
    Authors
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    North America
    Description

    The North America Metal Turned Precision Product Manufacturing Market report segments the industry into By Operation (Manual Operation, CNC Operation), By Machine Types (Automatic Screw Machines, Rotary Transfer Machines, and more), By End User (Industries, Automobile, and more), and By Geography (North America, Europe, and more).

  17. T

    United States ISM Manufacturing PMI

    • tradingeconomics.com
    • pt.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Dec 2, 2025
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    TRADING ECONOMICS (2025). United States ISM Manufacturing PMI [Dataset]. https://tradingeconomics.com/united-states/business-confidence
    Explore at:
    json, xml, csv, excelAvailable download formats
    Dataset updated
    Dec 2, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1948 - Nov 30, 2025
    Area covered
    United States
    Description

    Business Confidence in the United States decreased to 48.20 points in November from 48.70 points in October of 2025. This dataset provides the latest reported value for - United States ISM Purchasing Managers Index (PMI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  18. Additive Manufacturing Market Analysis, Size, and Forecast 2025-2029: North...

    • technavio.com
    pdf
    Updated Mar 20, 2025
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    Technavio (2025). Additive Manufacturing Market Analysis, Size, and Forecast 2025-2029: North America (US and Canada), Europe (France, Germany, Spain, UK), APAC (China, India, Japan), South America (Brazil), and Middle East and Africa [Dataset]. https://www.technavio.com/report/additive-manufacturing-market-industry-analysis
    Explore at:
    pdfAvailable download formats
    Dataset updated
    Mar 20, 2025
    Dataset provided by
    TechNavio
    Authors
    Technavio
    License

    https://www.technavio.com/content/privacy-noticehttps://www.technavio.com/content/privacy-notice

    Time period covered
    2025 - 2029
    Area covered
    United States
    Description

    Snapshot img

    Additive Manufacturing Market Size 2025-2029

    The additive manufacturing market size is forecast to increase by USD 46.76 billion at a CAGR of 23.9% between 2024 and 2029.

    The market is experiencing significant growth, driven primarily by the high demand in the medical device sector for customized and complex components. This trend is further fueled by increasing consumer interest in personalized, 3D-printed products across various industries. However, the market growth is not without challenges. The high initial cost of setting up additive manufacturing facilities remains a significant barrier for entry, limiting the number of players and potentially hindering market penetration. Moreover, the technology's limited material options and the need for specialized expertise pose additional challenges.
    To capitalize on the market opportunities and navigate these challenges effectively, companies must focus on collaborations, strategic partnerships, and continuous innovation to reduce costs, expand material offerings, and improve production efficiency. By staying abreast of the latest industry developments and trends, businesses can position themselves to succeed in this dynamic and evolving market.
    

    What will be the Size of the Additive Manufacturing Market during the forecast period?

    Request Free Sample

    The market continues to experience significant growth and innovation, driven by the increasing adoption of industrial 3d printing technologies in various industries. The market's size is projected to expand at a robust rate, with the automotive and industrial segments leading the charge. Technologies such as fuse deposition modeling, stereolithography, and selective laser sintering are gaining popularity due to their ability to produce complex geometries and reduce production expenses. The market is also witnessing increased regulatory scrutiny, leading to the development of certification standards and quality assurance protocols. The integration of advanced scanning software and design software capabilities is enabling more precise and efficient manufacturing processes.
    Mergers & acquisitions and collaboration agreements are common as companies seek to expand their offerings and enhance their competitive positions. Despite the advancements, challenges remain, including the need for installation services, addressing the skills gap, and ensuring compatibility with traditional manufacturing methods. Desktop additive manufacturing and desktop 3d printers are also gaining traction for prototyping and educational purposes. The market's future direction lies in the continued development of more advanced technologies, improved design software, and the expansion of applications beyond prototyping to production. The shift from subtractive manufacturing methods to additive manufacturing is transforming industries, offering new opportunities for innovation and cost savings.
    The market's dynamics are shaped by ongoing technological advancements, regulatory developments, and industry 4.0 trends.
    

    How is this Additive Manufacturing Industry segmented?

    The additive manufacturing industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

    Component
    
      Hardware
      Software
      Services
    
    
    End-user
    
      Automotive
      Aerospace
      Industrial
      Healthcare
      Defense
      Consumer Goods
      Education/Research
      Others
    
    
    Material
    
      Plastics
      Metals
      Ceramics
      Others
    
    
    Technology
    
      Stereolithography
      Polyjet printing
      Binder jetting
      Laser sintering
      Fused Deposition Modeling (FDM)
      Direct Metal Laser Sintering (DMLS)
      Electron Beam Melting (EBM)
      Directed Energy Deposition (DED)
      Others
      Binder jetting
    
    
    Geography
    
      North America
    
        US
        Canada
    
    
      Europe
    
        France
        Germany
        Spain
        UK
    
    
      APAC
    
        China
        India
        Japan
    
    
      South America
    
        Brazil
    
    
      Middle East and Africa
    
        UAE
    
    
      Rest of World
    

    By Component Insights

    The hardware segment is estimated to witness significant growth during the forecast period.

    Additive manufacturing, also known as 3D printing, is revolutionizing industrial production by enabling the creation of complex parts layer-by-layer. The market for this technology is in a high-growth stage, driven by the increasing adoption in industries such as aerospace, automotive, healthcare, and manufacturing. Industrial 3D printers, which use technologies like Fused Deposition Modeling (FDM), Stereolithography, Selective Laser Sintering (SLS), and Digital Light Processing (DLP), are at the heart of this process. These printers offer advantages such as enhanced material usage, functional parts precision, and reduced production expenses. The dental industry and education sector are witnessing significant growth in the utilization

  19. F

    Total Construction Spending: Manufacturing in the United States

    • fred.stlouisfed.org
    json
    Updated Nov 17, 2025
    + more versions
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    (2025). Total Construction Spending: Manufacturing in the United States [Dataset]. https://fred.stlouisfed.org/series/TLMFGCONS
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Nov 17, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    Graph and download economic data for Total Construction Spending: Manufacturing in the United States (TLMFGCONS) from Jan 2002 to Aug 2025 about expenditures, construction, manufacturing, and USA.

  20. U.S. Robotics Integration for the Manufacturing Market - Analysis and...

    • bisresearch.com
    csv, pdf
    Updated Dec 3, 2025
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    Bisresearch (2025). U.S. Robotics Integration for the Manufacturing Market - Analysis and Forecast, 2024-2029 [Dataset]. https://bisresearch.com/industry-report/us-robotics-integration-for-the-manufacturing-market.html
    Explore at:
    pdf, csvAvailable download formats
    Dataset updated
    Dec 3, 2025
    Dataset authored and provided by
    Bisresearch
    License

    https://bisresearch.com/privacy-policy-cookie-restriction-modehttps://bisresearch.com/privacy-policy-cookie-restriction-mode

    Time period covered
    2023 - 2033
    Area covered
    Worldwide
    Description

    U.S. Robotics Integration for the Manufacturing Market is estimated to reach $7.48 billion by 2029, growing at a CAGR of 11.69% during the forecast period 2024-2029.

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Data Insights Market (2025). North America Industrial Manufacturing Industry Report [Dataset]. https://www.datainsightsmarket.com/reports/north-america-industrial-manufacturing-industry-10185

North America Industrial Manufacturing Industry Report

Explore at:
doc, ppt, pdfAvailable download formats
Dataset updated
Jan 27, 2025
Dataset authored and provided by
Data Insights Market
License

https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy

Time period covered
2025 - 2033
Area covered
North America
Variables measured
Market Size
Description

The size of the North America Industrial Manufacturing Industry market was valued at USD 58.35 Million in 2023 and is projected to reach USD 91.39 Million by 2032, with an expected CAGR of 6.62% during the forecast period. Recent developments include: June 2023: Honeywell, an American global company, and LG CNS are collaborating further to increase smart factories' production efficiency and security. Through this collaboration, the two companies will expand cooperation in building smart factories at home and abroad and strengthen OT (Operating Technology) security, which monitors the production process in real-time and remotely controls facilities., March 2023: LG Energy Solution announced an investment of around KRW 7.2 trillion (USD 5.5 billion) in building a battery manufacturing hub in Queen Creek, Arizona. This hub will include two facilities: one for making cylindrical batteries for electric vehicles (EVs) and another for producing lithium iron phosphate (LFP) pouch-type batteries for energy storage systems (ESS)., October 2022: Emerson announced the evolution of Plantweb, a digital ecosystem incorporating the AspenTech portfolio of asset optimization software powered by industrial artificial intelligence, creating the industry's most comprehensive digital transformation portfolio. Moreover, its Plantweb digital ecosystem, optimized by AspenTech, enables industrial manufacturers across all sectors to "See, Decide, Act, and Optimize" their operations.. Key drivers for this market are: Increasing Demand for Automation to Achieve Efficiency and Quality, Need for Compliance and Government Support for Digitization; Proliferation of Internet of Things. Potential restraints include: Concerns Regarding Data Security, High Initial Installation Costs and Lack of Skilled Workforce Preventing Enterprises from Full-scale Adoption. Notable trends are: Robotics is Expected to Witness Significant Growth.

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