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Automation can be defined as the use of automated machinery and computers for smooth and efficient task execution. Automation can be broadly divided in three types based on output, viz. mass or flow, batch and flexible or job automation. When the design is not flexible and there is high production then it is classified as mass and flow. When the output is moderate and the process is carried out in different batches, it is termed as batch automation. When the production is low and the design varies in accordance with the product specifications, then the classification is termed as flexible or job.
Instrumentation refers to the devices used for the purpose of observation, measurement, control and monitor. Novel automation types have been developed in the recent past which such as information technology (IT),flexible manufacturing systems (FMS), computer-aided manufacturing (CAM), Robots, computer integrated manufacturing (CIM) and Numerically controlled (NC) equipment. IT encompasses computer technologies that are used to create, disseminate, store and retrieve information. CAM uses computers for different functions in production planning and control. NC machines are programmed machine tools that engage in sequential operation execution. Robots are automated equipments that are used to execute several tasks which are normally performed by humans.FMS includes robots, automated material handling tools and numerically controlled tools. In CIM systems many manufacturing functions are linked through an integrated computer network.
According to our (Global Info Research) latest study, the global Automation Instrumentation market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Developed markets such as North America and Europe dominated the global market in the recent past and are projected to continue this dominance over the forecast period. Developing markets, which were characterized by large availability of labor, are seeing a shift in trend towards automation across multiple industries. Companies have taken initiatives to cater to the developing markets by shifting their production bases to such areas. Such a trend is presumed to positively impact the regional automation instrumentation market over the forecast period. Economies such as India, China and Brazil are presumed to lead their respective regional markets in the near future.
This report is a detailed and comprehensive analysis for global Automation Instrumentation market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Automation Instrumentation market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Automation Instrumentation market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Automation Instrumentation market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Automation Instrumentation market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Automation Instrumentation
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Automation Instrumentation market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB Ltd, Emerson Electric Company, Honeywell International Inc., Rockwell Automation and Siemens AG, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
Automation Instrumentation market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Pressure Transmitter
- Temperature Transmitter
- Level and Humidity Transmitter
Market segment by Application
- Chemicals Industry
- Food & Beverages Industry
- Pharmaceuticals Industry
- Metals & Mining Industry
- Oil & Gas Industry
Major players covered
- ABB Ltd
- Emerson Electric Company
- Honeywell International Inc.
- Rockwell Automation
- Siemens AG
- Schneider Electric SE
- Endress+Hauser AG
- Hollysys Automation Technologies Ltd
- Mitsubishi Electric Corporation
- Pepperl+Fuchs GmbH
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Automation Instrumentation product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Automation Instrumentation, with price, sales, revenue and global market share of Automation Instrumentation from 2018 to 2023.
Chapter 3, the Automation Instrumentation competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Automation Instrumentation breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Automation Instrumentation market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Automation Instrumentation.
Chapter 14 and 15, to describe Automation Instrumentation sales channel, distributors, customers, research findings and conclusion.