Automation is a process that uses information technology and control systems in order to replace the worker controlling various processes and instruments. It plays an essential role in collecting info from the field and changing field and field parameters. The process automation and instrumentation is a branch of engineering which is helping in developing advanced sensors, MEMS technology, and smart transducers.
Rise in adoption of multivendor portable application will be one of the key driving factor which is expected to boost the global process automation and instrumentation market growth. Furthermore, increase in industrial automation rate of adoption among several end users will have the positive impact on market growth. Moreover, growing demand for energy and utilities is anticipated to offer highest growth during this analysis period. Moreover, emphasis on industrial automation and optimum utilization of resources will fuel the market growth. In addition to that, increase in demand for internet based technologies by is expected to propel the market growth.
However, high investment for implementation and significant maintenance costs of process automation and instrumentation is the major challenging factor which is expected to hinder the market growth. Also, lockdown and social distancing due to COVID 19 to save lives but they may obstruct the global process automation and instrumentation market growth.
Global Process Automation & Instrumentation Market is segmented into instrument such as Field Instrument, Control Valve, and Analytical Instrument, by solution such as PLC, DCS, SCADA, HMI, Safety Automation, APC, and MES. Further, market is segmented into industry such as Pharmaceutical, Food & Beverages, Pulp & Paper, Oil & gas, Water & Wastewater, Chemicals, and Others.
Also, Global Process Automation & Instrumentation Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as Siemens AG, Emerson Electric Co., Mitsubishi Electric Corporation, General Electric Co., Schneider Electric, Yokogawa Electric Corporation, ABB Ltd., and Honeywell International Inc.
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5.1 Y-o-Y Growth Comparison, By Instrument
5.2 Global Process Automation & Instrumentation Market Share Analysis, By Instrument
5.3 Global Process Automation & Instrumentation Market Size and Forecast, By Instrument
5.3.1 Field instrument
5.3.2 Control Valve
5.3.3 Analytical Instrument
6.1 Y-o-Y Growth Comparison, By Solution
6.2 Global Process Automation & Instrumentation Market Share Analysis, By Solution
6.3 Global Process Automation & Instrumentation Market Size and Forecast, By Solution
6.3.1 PLC
6.3.2 DCS
6.3.3SCADA
6.3.4 HMI
6.3.5 Safety Automation
6.3.6 APC
6.3.7 MES
7.1 Y-o-Y Growth Comparison, Industry
7.2 Global Process Automation & Instrumentation Market Share Analysis, Industry
7.3 Global Process Automation & Instrumentation Market Size and Forecast, Industry
7.3. 1 Pharmaceutical
7.3.2 Food & Beverages
7.3.3 Pulp & Paper
7.3.4 Oil & Gas
7.3.5 Water & Wastewater
7.3.6 Chemicals
7.3.7 Others
8.1 Global Process Automation & Instrumentation Market Share Analysis, By Region
8.2 Global Process Automation & Instrumentation Market Share Analysis, By Region
8.3 Global Process Automation & Instrumentation Market Size and Forecast, By Region
9.1 Introduction
9.2 North America Process Automation & Instrumentation Market Share Analysis, By Instrument
9.3 North America Process Automation & Instrumentation Market Size and Forecast, By Solution
9.4 North America Process Automation & Instrumentation Market Size and Forecast, Industry
9.5 North America Process Automation & Instrumentation Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10.1 Introduction
10.2 Europe Process Automation & Instrumentation Market Share Analysis, By Instrument
10.3 Europe Process Automation & Instrumentation Market Size and Forecast, By Solution
10.4 Europe Process Automation & Instrumentation Market Size and Forecast, Industry
10.5 Europe Process Automation & Instrumentation Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11.1 Introduction
11.2 Asia Pacific Process Automation & Instrumentation Market Share Analysis, By Instrument
11.3 Asia Pacific Process Automation & Instrumentation Market Size and Forecast, By Solution
11.4 Asia Pacific Process Automation & Instrumentation Market Size and Forecast, Industry
11.5 Asia Pacific Process Automation & Instrumentation Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Process Automation & Instrumentation Market Analysis and Forecast (2023 – 2030)
12.1 Introduction
12.2 Latin America Process Automation & Instrumentation Market Share Analysis, By Instrument
12.3 Latin America Process Automation & Instrumentation Market Size and Forecast, By Solution
12.4 Latin America Process Automation & Instrumentation Market Size and Forecast, Industry
12.5 Latin America Process Automation & Instrumentation Market Size and Forecast, Country
13.1 Introduction
13.2 Middle East Process Automation & Instrumentation Market Share Analysis, By Instrument
13.3 Middle East Process Automation & Instrumentation Market Size and Forecast, By Solution
13.4 Middle East Process Automation & Instrumentation Market Size and Forecast, Industry
13.5 Middle East Process Automation & Instrumentation Market Size and Forecast, By Country
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Emerson Electric Co.
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Mitsubishi Electric Corporation
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 General Electric Co
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Schneider Electric
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Yokogawa Electric Corporation
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 ABB Ltd
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Honeywell International Inc
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
