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North America Process Automation Market to Grow to $47.94 Billion by 2031 at 2.79% CAGR

globenewswire.com
GE General Electric Company is mentioned as a key player in the North America Process Automation market, which is projected to grow. The article does not provide specific positive or negative sentiment towards GE itself, but its inclusion as a major player in a growing market suggests a neutral to potentially positive outlook. ROK Rockwell Automation is listed as a major player in the North America Process Automation market. The market is expected to grow, indicating potential opportunities for companies like Rockwell Automation. However, the article does not offer specific sentiment for Rockwell Automation.

Dublin, Jan. 26, 2026 (GLOBE NEWSWIRE) -- The "North America Process Automation - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026-2031)" has been added to ResearchAndMarkets.com's offering.

The North America process automation market is projected to grow from USD 40.64 billion in 2025 to USD 47.94 billion by 2031, achieving a CAGR of 2.79% over the forecast period of 2026-2031. This moderate growth is driven by a substantial installed base, efficiency initiatives, and stringent environmental regulations. The oil and gas industry remains a primary adopter, with the pharmaceutical sector showing rapid expansion due to FDA backing for continuous manufacturing. While wired protocols dominate in control-room connectivity, wireless networks see the highest growth as protocols like ISA100 and WirelessHART advance. Manufacturers are increasingly adopting cloud and edge deployments to leverage operational data for predictive analytics, maintaining safety-critical logic on-premises.

Market Trends and Insights

Market Analysis

Hardware systems held a 26.88% market share in 2025, underscoring the need for essential control components. Yet, the emphasis increasingly shifts to software, which posted a 3.92% CAGR, driven by data analytics and control tools. Schneider Electric's EcoStruxure blends SCADA with cloud services, enabling real-time insights and swift responses. Software gains are prominent in sectors with regulatory demands for digital records and energy audits, such as pharmaceuticals with FDA quality mandates. Open-source solutions and container orchestration mitigate vendor lock-in fears, driving service and subscription revenue and supporting market growth.

The North America Process Automation Market Report categorizes by Communication Protocol (Wired, Wireless), System Type (Hardware, Software), Deployment Mode (On-Premises, Cloud and Edge), and spans diverse industries including Chemical, Power, Water, Food and Beverage.

Key Companies: Major players include ABB Ltd., Siemens AG, Schneider Electric SE, General Electric Company, Rockwell Automation, and others. Benefits of purchasing the report include access to the market estimate sheet in Excel format and three months of analyst support.

A selection of companies mentioned in this report includes, but is not limited to:

For more information about this report visit https://www.researchandmarkets.com/r/p8bbdn

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