South America — Automation & Control Market, By Product: Forecast (2024–2032)
The South America automation & control market is expected to expand steadily through 2032 as manufacturing modernization, energy & utilities upgrades, mining automation and infrastructure spending accelerate. Total market value for South America is forecast to reach ≈ USD 9.5 billion by 2032, with a mid-single-digit to high-single-digit CAGR in the 2025–2032 window depending on subsegment.
Market assumptions (basis for product splits & growth)
Regional market growth tracks Latin America automation trends (mid-to-high single-digit CAGR across major reports).
Product adoption rates reflect industry priorities in South America: process industries, mining, utilities and an expanding manufacturing base (strong demand for PLCs, drives, instrumentation, and FWA/communications for remote sites).
Forecast horizon: 2024 baseline → 2032 projections. Values rounded for clarity.