Industrials

The USA AI in industrial automation market is expected to grow substantially from USD 5.2 billion in 2025 to USD 20.5 billion by 2031, registering a CAGR of 26.1%. Key growth drivers include the increased integration of AI technologies like machine learning, robotics, predictive maintenance, and process control systems in manufacturing sectors such as automotive, electronics, oil & gas, and consumer goods. AI solutions enable companies to improve production efficiency, quality control, supply chain optimization, and energy management. The adoption of autonomous robots and smart sensors is becoming critical to meet demands for real-time monitoring and predictive analytics. Edge computing and cloud AI systems are enhancing operational visibility and decision-making. As U.S. manufacturers focus on Industry 4.0 and digital transformation, AI technologies are being deployed for advanced automation, reducing operational costs, and improving sustainability. The market’s rapid expansion is also supported by strong government incentives and the ongoing evolution of smart factories and intelligent manufacturing systems.

The Europe warehouse automation market is expected to grow significantly, from USD 9.1 billion in 2025 to USD 27.3 billion by 2032, at a CAGR of 16.8%. This growth is driven by the increasing adoption of automated storage solutions, robotics, and AI-driven warehouse management systems (WMS), particularly within the e-commerce and logistics sectors. As businesses strive to meet growing demand for faster order fulfillment and inventory management, automation is seen as a key enabler of operational efficiency. Robots, automated conveyors, and AI-powered solutions are being integrated into warehouses to enhance throughput, reduce labor costs, and improve supply chain resilience. E-commerce giants and third-party logistics (3PL) providers are leading the adoption, while smaller enterprises are increasingly following suit as automation becomes more affordable and accessible. The integration of IoT-enabled sensors and data analytics further boosts the intelligence of automated systems, leading to smarter operations and predictive decision-making.

The North America smart factory market is expected to grow from USD 31.2 billion in 2025 to USD 72.5 billion by 2031, at a 15.3% CAGR. This growth is driven by the increasing adoption of advanced automation technologies like industrial sensors, robots, and 3D printing in sectors such as automotive, electronics, and pharmaceuticals. The integration of SCADA (Supervisory Control and Data Acquisition), MES (Manufacturing Execution Systems), and industrial safety solutions is enhancing operational efficiency and safety, driving smart manufacturing adoption. Additionally, the increasing demand for real-time data analytics, predictive maintenance, and energy-efficient systems is fueling the market. Governments and private enterprises are heavily investing in Industry 4.0 technologies, aiming to improve productivity, reduce downtime, and optimize the use of labor and raw materials. These developments are positioning North America as a leader in the global smart manufacturing revolution, which is expected to play a crucial role in reshaping the future of manufacturing and industrial production.

The Europe Industrial Control Systems (ICS) security market is poised for substantial growth, with a projected increase from USD 6.8 billion in 2025 to USD 15.3 billion by 2032, registering a CAGR of 12.3%. This growth is driven by rising cybersecurity threats targeting critical infrastructure, combined with stringent regulatory standards for data privacy and system protection. As industries across energy, manufacturing, and utilities sectors become more digitally connected, the need for advanced ICS security solutions like firewalls, SIEM (Security Information and Event Management), IAM (Identity and Access Management), and DDoS mitigation will grow rapidly. The integration of next-gen encryption technologies and network security solutions will be crucial to protect sensitive data across endpoints, databases, and networks. Additionally, vertical-specific solutions will cater to the unique challenges of industries like energy, transportation, manufacturing, and critical infrastructure. With an increasing focus on IoT security and real-time threat detection, Europe’s ICS security market is becoming a key focus area for governments and enterprises seeking to protect their operational technology (OT) and IT infrastructure from increasingly sophisticated cyberattacks.

The USA Building-Integrated Photovoltaics (BIPV) modules market is expected to grow significantly from USD 3.2 billion in 2025 to USD 17.2 billion by 2034, driven by a 20.3% CAGR. This rapid growth is propelled by energy-efficient construction trends, government incentives for green buildings, and advancements in photovoltaic technology. BIPV systems, incorporating crystalline silicon and thin-film technologies, offer dual functionality—serving as both building material and energy generator. With increasing demand for commercial and industrial applications, particularly in urban developments, BIPVs are becoming a crucial element in sustainable architecture. The integration of solar modules into roofs, facades, and windows reduces energy consumption and carbon footprints while providing cost savings in the long term. As the U.S. shifts toward net-zero energy buildings, BIPVs are set to play a critical role in achieving these ambitious goals, especially in line with Clean Energy Standards and Building Code improvements.

The Europe construction equipment rental market is forecasted to grow significantly from USD 35.1 billion in 2025 to USD 67.2 billion by 2032, registering a CAGR of 9.7%. The market is driven by the growing trend of flexible leasing models, the rise of urban infrastructure projects, and increased demand for advanced equipment technology. Rental services are becoming a preferred choice for contractors due to cost savings, maintenance-free operations, and the ability to access newer models of heavy machinery. Strong demand for specialized equipment such as excavators, cranes, and earthmoving machinery is being supported by major construction initiatives in smart cities and transportation networks. Additionally, the shift toward zero-emission and sustainable construction solutions is prompting rental companies to incorporate eco-friendly machines into their fleets, fueling growth in the market. The increasing trend towards short-term rental agreements across industrial and commercial sectors further enhances market expansion across Europe.

The North America robotic lawn mowers market is forecasted to grow from USD 1.05 billion in 2025 to USD 3.05 billion by 2033, registering a CAGR of 14.3%. The surge is driven by the rising adoption of smart home technologies, growing demand for automated lawn maintenance, and advancements in AI navigation and battery efficiency. Residential and commercial property owners are investing in low-maintenance, noise-free, and emission-free mowing solutions. Enhanced GPS mapping, LiDAR, and sensor-based obstacle detection are expanding usability across larger and complex lawns. Additionally, labor shortages in landscaping and a focus on sustainability are accelerating market uptake. The region’s growing network of smart home integrations (Alexa, Google Home, Apple HomeKit) positions North America as a global leader in autonomous lawn care innovation.

The North America smart manufacturing market is projected to reach USD 345.8 billion by 2034, growing at a CAGR of 11.9% from 2026. This surge is driven by rapid industrial digitalization, adoption of Industrial IoT (IIoT), AI-driven robotics, and digital twin technologies across manufacturing sectors. U.S. and Canadian manufacturers are investing heavily in automation infrastructure, edge computing, and predictive analytics to enhance operational efficiency and supply chain resilience. Increasing government incentives under programs such as the U.S. CHIPS Act and Made in America initiative are strengthening domestic production capabilities. By 2030, over 70% of North American factories are expected to operate as smart facilities, optimizing throughput, energy consumption, and workforce safety through intelligent automation and connected ecosystems.

The U.S. compact electric construction equipment market is forecasted to reach USD 4.86 billion by 2032, growing at a 15.1% CAGR from 2026. The rapid adoption of electric loaders, forklifts, and compact excavators (<5 tons) is transforming urban construction, warehousing, and infrastructure maintenance. This shift is powered by federal emission reduction goals, state-level green procurement mandates, and technological innovation in battery chemistry, charging, and powertrain efficiency. Manufacturers are focusing on compact, low-noise, zero-emission machinery for urban and indoor projects, while contractors benefit from reduced fuel and maintenance costs. With growing support from the Infrastructure Investment and Jobs Act (IIJA) and DOE clean fleet programs, compact electrified construction equipment is emerging as a central pillar of the sustainable construction revolution in the U.S.

The Europe electric and hybrid construction equipment market is projected to expand from USD 3.1 billion in 2025 to USD 8.6 billion by 2032, reflecting a 15.7% CAGR. Driven by EU emission mandates, green public procurement policies, and battery innovation, the region is accelerating adoption of electric excavators, loaders, and hybrid machinery. OEMs are rapidly transitioning fleets toward low-emission, noise-free construction solutions as governments invest in urban sustainability projects. Technological progress in lithium-ion, solid-state, and hydrogen fuel cells is improving range and charging times, while digital fleet management platforms enhance energy monitoring. With Norway, Germany, and the Netherlands leading adoption, the European market is witnessing the strongest shift toward zero-emission construction ecosystems globally.