North America Industrial Automation Equipment (IAE) Market Insights by Emerging Trends, Product Type, Top Key Players, Future Growth, Revenue Analysis Till 2030

 In a recent published report, Kenneth Research has updated the North America Industrial Automation Equipment (IAE) Market report for for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply. The North America Industrial Automation Equipment (IAE) Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for XXX products.

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According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019. Additionally, exports of ICT services increased from 5.61% of service exports (BoP) in 2001 to 10.37% of service exports (BoP) in 2017

GMD predicts North America industrial automation equipment (IAE) market to reach $59.11 billion in 2025 driven by a rising adoption of IAE in a magnitude of industries in the region.

In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify North America industrial automation equipment market in every aspect of the classification from perspectives of Equipment Type, Industry Vertical, and Country.

To Understand How Covid-19 Impact Is Covered in This Report – Get a Sample PDF of report Enquire before purchasing this report –https://www.kennethresearch.com/sample-request-10085783

The updated report covers the insights including;

•             Impact on Input cost Profiles- Service providers, equipment raw/material suppliers

•             Measures and steps to recover in FY2021 especially in North America and Europe Market

•             Global Market Size study, by Application and Regional Forecasts 2018-2025 Market Size in 2021, CAGR (%) Growth Rate, Competitor’s market share, business strategies adopted, govt. guidelines, imports.

  • Analysis by Product Types
  • Insights by Application/Consumption Industry
  • Market Analysis by Regions.
  • North America (U.S, Canada),
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM),
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Russia, Poland, BENELUX, NORDIC Countries),
  • Asia-Pacific (India, China, Japan, Malaysia, Singapore, Australia, New Zealand),
  • Middle East (KSA, UAE, Bahrain, Qatar, Oman, Israel) & North Africa)     
  • Exports and Imports Analysis
  • Expected recovery in the domestic revenue.

Key Players:
ABB Ltd.
Azbil Corporation
Bharat Heavy Electrical Ltd
Danaher Corporation
Emerson Electric Co.
Fanuc Corp.
General Electric Co.
Hitachi, Ltd.
Honeywell International Inc.
Johnson Controls Inc
Metso Corporation
Mitsubishi Electric Corp.
Nextnine Ltd
NovaTech Process Solutions LLC
Omron Corporation
Rockwell Automation Inc.

For More Reports:

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North America Digital Respiratory Solutions market

Global Digital Respiratory Solutions market

Asia Pacific Active Pharmaceutical Ingredients (API) market

Europe Active Pharmaceutical Ingredients (API) market

About Kenneth Research:

Being a multi-client market research database platform, Kenneth Research aims at providing reports that help various individuals and organizations including industry professionals, to identify the market trends and scope, which further helps in their decision-making process and form strategies after complete assessment of the market. The various industries catered by the company include healthcare & pharmaceuticals, energy & power and several others. Kenneth Research, a global market research reselling firm, also provides strategic business consultancy services at a global level. Further, it also offers a single platform for the best market research reports.

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