Global Process Automation And Instrumentation Market Forecast 2018-2026

Publisher Name :
Date: 02-Mar-2018
No. of pages: 123

Key Findings

The market for global process automation & instrumentation is projected to grow at a CAGR of 5.33% during the forecast period. The base year considered for the study is 2017 and the forecast period is from 2018 to 2026. Reduction in cost and value for provided services and products is one of the dominant drivers increasing the growth of process automation and instrumentation market across the globe.

Market Insights

The process automation and instrumentation market comprise of segments such as technology, instrument and type of solution. The technology segment is dominated by distributed control system (DCS). The major usage of DCS is to control industrial processes such as electric power generation, oil and gas refineries, water and wastewater treatment, chemical, food and automotive production. In the instrument segment, field instrument possesses the largest market share. The hardware solution dominated the type of solution market in the year 2017. Oil and gas application is growing rapidly among all the other applications in the market.

Regional Insights

North America accounts for the largest market share in the global process automation and instrumentation market. Technological development in North America is anticipated to drive the process automation and instrumentation market. Europe process automation and instrumentation market hold the second largest market in the global process automation and instrumentation market. The Asia-Pacific market is anticipated to grow at a rapid rate during the forecast period. The fastest growing market in Latin America is Argentina for the industrial sector. The Middle East and Africa market is anticipated to grow at a faster rate during the forecast period.

Competitive Insights

The major companies in the market are ABB LTD., Danaher Corporation, Emerson Electric Company, General Electric Corporation (Ge), Honeywell International Inc., Mitsubishi Electric Corporation, Rockwell Automation Inc., Schneider Electric, Siemens Ag, and Texas Instruments.

Global Process Automation And Instrumentation Market Forecast 2018-2026

Table of Contents

1. Research Scope
1.1. Study Goals
1.2. Scope of The Market Study
1.3. Who Will Find This Report Useful?
1.4. Study And Forecasting Years
2. Research Methodology
2.1. Sources of Data
2.1.1. Secondary Data
2.1.2. Primary Data
2.2. Top Down Approach
2.3. Bottom-Up Approach
2.4. Data Triangulation
3. Executive Summary
3.1. Market Summary
3.2. Key Findings
3.2.1. North-America Holds The Largest Share In The Market
3.2.2. Oil & Gas Process Automation & Instrumentation Generate Highest Revenue In The Market
3.2.3. Fields Instrument Segment Holds The Largest Market Share
3.2.4. Services Solution Is Expected To Grow At A Faster Rate
4. Market Determinants
4.1. Market Dynamics
4.2. Drivers
4.2.1. Reduced Costs And Better Value For Products And Services Provided
4.2.2. Inclination of Growth Towards Manufacturing Sector
4.2.3. Rising Demand For Oil And Gas
4.2.4. Need For Software To Detect And Reduce Failures
4.3. Restraints
4.3.1. Lack of Skilled Workforce
4.3.2. Sluggish Growth In Developed Markets
4.3.3. Security Risks
4.4. Challenges
4.4.1. Integration With Existing Systems
4.4.2. Building Security In Information Management
4.4.3. Managing Data For A Complete Picture
4.5. Opportunities
4.5.1. Increasing Reliability And Demand
4.5.2. Upgradation of Industries And Developing Countries
5. Market Segmentation
5.1. Market By Technology 2018-2026
5.1.1. Distributed Control System (Dcs)
5.1.2. Programmable Logic Controller (Plc)
5.1.3. Supervisory Control And Data Acquisition (Scada)
5.1.4. Automation And Control Systems (Acs)
5.1.5. Manufacturing Execution Systems (Mes)
5.1.6. Safety Instrumented Systems (Sis)
5.1.7. Other Technology
5.2. Market By Instruments 2018-2026
5.2.1. Field Instruments
5.2.2. Control Valves & Positioners
5.2.3. Communication
5.2.4. Other Instruments
5.3. Market By Type of Solutions 2018-2026
5.3.1. Hardware
5.3.2. Software
5.3.3. Services
5.4. Market By Application 2018-2026
5.4.1. Oil & Gas
5.4.2. Automotive
5.4.3. Paper & Pulp
5.4.4. Chemical & Petrochemical
5.4.5. Water & Wastewater Treatment
5.4.6. Energy & Utilities
5.4.7. Pharmaceutical
5.4.8. Food, Tobacco, And Beverages
5.4.9. Other Applications
6. Key Analytics
6.1. Porter's Five Forces Analysis
6.1.1. Threat From New Entrants
6.1.2. Threat From Substitute Products
6.1.3. Bargaining Power of Buyers
6.1.4. Bargaining Power of Suppliers
6.1.5. Competitive Rivalry Within The Industry
6.2. Value Chain Analysis
6.3. Investment Analysis
6.4. Opportunity Matrix
7. Geographical Analysis
7.1. North America
7.1.1. The United States
7.1.2. Canada
7.2. Europe
7.2.1. United Kingdom
7.2.2. France
7.2.3. Germany
7.2.4. Rest of Europe
7.3. Asia-Pacific
7.3.1. China
7.3.2. Japan
7.3.3. India
7.3.4. Rest of Apac
7.4. Latin America
7.4.1. Brazil
7.4.2. Mexico
7.4.3. Argentina
7.4.4. Rest of Latin America
7.5. Middle-East & Africa
7.5.1. Uae
7.5.2. Saudi Arabia
7.5.3. South Africa
7.5.4. Rest of Mea
8. Company Profiles
8.1. Vendor Market Share 2017
8.2. Abb Ltd.
8.2.1. Company Overview
8.2.2. Products & Services
8.2.3. Scot Analysis
8.2.4. Strategic Initiatives
8.3. Danaher Corporation
8.3.1. Company Overview
8.3.2. Products & Services
8.3.3. Scot Analysis
8.3.4. Strategic Initiatives
8.4. Emerson Electric Company
8.4.1. Company Overview
8.4.2. Products & Services
8.4.3. Scot Analysis
8.4.4. Strategic Initiatives
8.5. General Electric Corporation (Ge)
8.5.1. Company Overview
8.5.2. Products & Services
8.5.3. Scot Analysis
8.5.4. Strategic Initiatives
8.6. Honeywell International Inc.
8.6.1. Company Overview
8.6.2. Products & Services
8.6.3. Scot Analysis
8.6.4. Strategic Initiatives
8.7. Mitsubishi Electric Corporation
8.7.1. Company Overview
8.7.2. Products & Services
8.7.3. Scot Analysis
8.7.4. Strategic Initiatives
8.8. Rockwell Automation Inc
8.8.1. Company Overview
8.8.2. Products & Services
8.8.3. Scot Analysis
8.8.4. Strategic Initiatives
8.9. Schneider Electric
8.9.1. Company Overview
8.9.2. Products & Services
8.9.3. Scot Analysis
8.9.4. Strategic Initiatives
8.10. Siemens Ag
8.10.1. Company Overview
8.10.2. Products & Services
8.10.3. Scot Analysis
8.10.4. Strategic Initiatives
8.11. Texas Instruments
8.11.1. Company Overview
8.11.2. Products& Services
8.11.3. Scot Analysis
8.11.4. Strategic Initiatives

List of Tables

Table 1 Global Process Automation & Instrumentation Market, By Geography 2018-2026 ($Million)
Table 2 Global Process Automation Market By Technology 2018-2026 ($ Million)
Table 3 Global Process Automation & Instrumentation Market In Dcs By Geography 2018-2026 ($ Million)
Table 4 Global Process Automation & Instrumentation Market Forecast In Plc By Geography 2018-2026 ($ Million)
Table 5 Global Process Automation & Instrumentation Market In Scada By Geography 2018-2026 ($ Million)
Table 6 Global Process Automation & Instrumentation Market In Acs By Geography 2018-2026 ($ Million)
Table 7 Global Mes Process Automation Market By Geography 2018-2026 ($ Million)
Table 8 Global Process Automation & Instrumentation Market By Geography 2018-2026 ($ Million)
Table 9 Global Process Automation & Instrumentation Market In Other Technologies By Geography 2018-2026 ($ Million)
Table 10 Global Process Automation & Instrumentation Market Forecast By Instrument 2018-2026 ($ Million)
Table 11 Global Process Automation & Instrumentation Market In Field Instrument By Geography 2018-2026 ($ Million)
Table 12 Global Process Automation & Instrumentation Market In Control Valves & Positioners By Geography 2018-2026 ($ Million)
Table 13 Global Process Automation & Instrumentation Market In Communication By Geography 2018-2026 ($ Million)
Table 14 Types of Wired Protocols
Table 15 Types of Wireless Protocols
Table 16 Global Process Automation & Instrumentation Market In Other Instruments By Geography 2018-2026 ($ Million)
Table 17 Global Process Automation & Instrumentation Market By Type of Solutions 2018-2026($ Million)
Table 18 Hardware Components
Table 19 Global Process Automation & Instrumentation Market In Hardware By Geography 2018-2026 ($ Million)
Table 20 Global Process Automation & Instrumentation Market In Software By Geography 2018-2026 ($ Million)
Table 21 Global Process Automation & Instrumentation Market In Services By Geography 2018-2026 ($ Million)
Table 22 Global Process Automation & Instrumentation Market By Application 2018-2026 ($ Million)
Table 23 Global Process Automation & Instrumentation Market In Oil & Gas By Geography 2018-2026 ($ Million)
Table 24 Global Process Automation & Instrumentation Market In Automotive By Geography 2018-2026 ($ Million)
Table 25 Global Process Automation & Instrumentation Market In Pulp & Paper Industry By Geography 2018-2026 ($ Million)
Table 26 Global Process Automation & Instrumentation Market In Chemicals And Petrochemicals By Geography 2018-2026 ($ Million)
Table 27 Global Process Automation & Instrumentation Market In Water And Waste Water Treatment By Geography 2018-2026 ($ Million)
Table 28 Global Process Automation & Instrumentation Market In Energy And Utilities By Geography 2018-2026 ($ Million)
Table 29 Global Process Automation & Instrumentation Market In Pharmaceutical By Geography 2018-2026 ($ Million)
Table 30 Global Process Automation & Instrumentation Market In Food, Tobacco And Beverages By Geography 2018-2026 ($ Million)
Table 31 Global Process Automation & Instrumentation Market In Other Application By Geography 2018-2026 ($ Million)
Table 32 Global Process Automation & Instrumentation Market By Geography 2018-2026 ($ Million)
Table 33 North America Process Automation & Instrumentation Market 2018-2026 ($ Million)
Table 34 Europe Process Automation & Instrumentation Market 2018-2026 ($ Million)
Table 35 Apac Process Automation & Instrumentation Market 2018-2026 ($ Million)
Table 36 Latin America Process Automation & Instrumentation Market 2018-2026 ($ Million)
Table 37 Middle-East & Africa Process Automation & Instrumentation Market 2018-2026 ($ Million)
Figures List
Figure 1 Process Automation & Instrumentation Benefits
Figure 2 Global Oil Demand By Geography (Million Barrels Per Day)
Figure 3 Global Process Automation & Instrumentation Market In Dcs Technology 2018-2026 ($ Million)
Figure 4 Global Process Automation & Instrumentation Market Forecast In Plc Technology 2018-2026 ($ Million)
Figure 5 Global Process Automation & Instrumentation Market In Scada Technology 2018-2026 ($ Million)
Figure 6 Global Process Automation & Instrumentation Market In Acs Technology 2018-2026 ($ Million)
Figure 7 Global Process Automation & Instrumentation Market In Mes Technology 2018-2026 ($ Million)
Figure 8 Global Process Automation & Instrumentation Market Forecast In Sis Technology 2018-2026 ($ Million)
Figure 9 Protective Layers Where Safety Risks Can Be Reduced
Figure 10 Advantages of Sis
Figure 11 Global Process Automation & Instrumentation Market In Other Technologies 2018-2026 ($ Million)
Figure 12 Global Process Automation & Instrumentation Market Forecast In Field Instruments 2018-2026 ($ Million)
Figure 13 Global Process Automation & Instrumentation Market In Control Valves & Positioners 2018-2026 ($ Million)
Figure 14 Global Process Automation & Instrumentation Market In Communication 2018-2026 ($ Million)
Figure 15 Communication Protocol Segmentation
Figure 16 Global Process Automation & Instrumentation Market In Other Instruments 2018-2026 ($ Million)
Figure 17 Global Process Automation & Instrumentation Market In Hardware Components 2018-2026($ Million)
Figure 18 Global Process Automation & Instrumentation Market In Software 2018-2026 ($ Million)
Figure 19 Global Process Automation & Instrumentation Market In Services 2018-2026 ($ Million)
Figure 20 Global Process Automation & Instrumentation Market Forecast In Oil & Gas 2018-2026 ($ Million)
Figure 21 Global Process Automation & Instrumentation Market In Automotive 2018-2026 ($ Million)
Figure 22 Global Process Automation & Instrumentation Market In Paper & Pulp 2018-2026 ($ Million)
Figure 23 Global Process Automation & Instrumentation Market In Chemical & Petrochemical 2018-2026 ($ Million)
Figure 24 Global Process Automation & Instrumentation Market In Water & Wastewater Treatment 2018-2026 ($ Million)
Figure 25 Global Process Automation & Instrumentation Market In Energy & Utilities 2018-2026 ($ Million)
Figure 26 Global Process Automation & Instrumentation Market In Pharmaceutical 2018-2026 ($ Million)
Figure 27 Global Process Automation & Instrumentation In Food, Tobacco, And Beverages 2018-2026 ($ Million)
Figure 28 Global Process Automation & Instrumentation Market In Other Application 2018-2026 ($ Million)
Figure 29 United States Process Automation & Instrumentation Market Forecast 2018-2026 ($ Million)
Figure 30 Canada Process Automation & Instrumentation Market 2018-2026 ($ Million)
Figure 31 United Kingdom Process Automation & Instrumentation Market 2018-2026 ($ Million)
Figure 32 France Process Automation & Instrumentation Market 2018-2026 ($ Million)
Figure 33 Germany Process Automation & Instrumentation Market 2018-2026 ($ Million)
Figure 34 Rest of Europe Process Automation & Instrumentation Market 2018-2026 ($ Million)
Figure 35 China Process Automation & Instrumentation Market 2018-2026 ($ Million)
Figure 36 Demand By Product In China (Thousand Barrels Per Day)
Figure 37 Japan Process Automation & Instrumentation Market 2018-2026 ($ Million)
Figure 38 India Process Automation & Instrumentation Market 2018-2026 ($ Million)
Figure 39 Rest of Apac Process Automation & Instrumentation Market 2018-2026 ($ Million)
Figure 40 Brazil Process Automation & Instrumentation Market 2018-2026 ($ Million)
Figure 41 Mexico Process Automation & Instrumentation Market 2018-2026 ($ Million)
Figure 42 Argentina Process Automation & Instrumentation Market 2018-2026 ($ Million)
Figure 43 Rest of Latin America Process Automation & Instrumentation Market 2018-2026 ($ Million)
Figure 44 Uae Process Automation & Instrumentation Market 2018-2026 ($ Million)
Figure 45 Saudi Arabia Process Automation & Instrumentation Market 2018-2026 ($ Million)
Figure 46 South Africa Process Automation & Instrumentation Market 2018-2026 ($ Million)
Figure 47 Rest of Mea Process Automation & Instrumentation Market 2018-2026 ($ Million)
  • Global Industrial Pump Control Panels Market Growth 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 133
    According to our LPI (LP Information) latest study, the global Industrial Pump Control Panels market size was valued at US$ 1126 million in 2023. With growing demand in downstream market, the Industrial Pump Control Panels is forecast to a readjusted size of US$ 1741.9 million by 2030 with a CAGR of 6.4% during review period. The research report highlights the growth potential of the global Industrial Pump Control Panels market. Industrial Pump Control Panels are expected to show stable ......
  • Global Discrete Industrial Control And Factory Automation Industry Research Report, In-depth Analysis of Current Status and Outlook of Key Countries 2023-2028
    Published: 04-Jan-2024        Price: US 3380 Onwards        Pages: 117
    Market Overview of Global Discrete Industrial Control And Factory Automation market: According to our latest research, the global Discrete Industrial Control And Factory Automation market looks promising in the next 5 years. As of 2022, the global Discrete Industrial Control And Factory Automation market was estimated at USD XX million, and it's anticipated to reach USD XX million in 2028, with a CAGR of XX% during the forecast years. This report covers a research time span f......
  • Global Smart Factory Market Growth (Status and Outlook) 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 127
    According to our LPI (LP Information) latest study, the global Smart Factory market size was valued at US$ 80070 million in 2023. With growing demand in downstream market, the Smart Factory is forecast to a readjusted size of US$ 165110 million by 2030 with a CAGR of 10.9% during review period. The research report highlights the growth potential of the global Smart Factory market. Smart Factory are expected to show stable growth in the future market. However, product differentiation, red......
  • Global Smart Factory Market 2024 by Company, Regions, Type and Application, Forecast to 2030
    Published: 01-Jan-2024        Price: US 3480 Onwards        Pages: 134
    According to our (Global Info Research) latest study, the global Smart Factory market size was valued at USD 84220 million in 2023 and is forecast to a readjusted size of USD 164620 million by 2030 with a CAGR of 10.0% during review period. A smart factory is a digitised manufacturing facility that uses connected devices, machinery and production systems to continuously collect and share data. Rapid technological advancements and digital trends such as industrial IoT (Internet of T......
  • Italian Industrial Automation Market: Analysis By Control System (DCS, SCADA, PLC, and Others), By Component (Sensors, Control Valves, HMI, Industrial Robots, and Others), By Distribution Channel (OEMs, Distributors, System Specialists, and Others), By Application (Mechanics, Packaging, Food, Logistics, Metallurgy, Electronics, Ceramic, Cement & Bricks, Plastic & Rubber, Wood, and Others) Size and Trends with Impact of COVID-19 and Forecast up to 2028
    Published: 27-Dec-2023        Price: US 2250 Onwards        Pages: 142
    The Italian industrial automation market was valued at US$7.37 billion in 2022. The market value is expected to reach US$13.46 billion by 2028. Industrial automation refers to the use of control systems, such as computers or robots, to handle different processes and machinery in an industrial setting. The primary goal is to replace or enhance human intervention with automated solutions, leading to increased efficiency, productivity, and safety. Industries are expected to prioritize the implement......
  • Global Industrial Automation Services Market Status and Outlook 2023-2028
    Published: 19-Dec-2023        Price: US 3160 Onwards        Pages: 123
    Industrial automation systems are systems used to control and monitor a process, machine or device in a computerized manner that usually fulfills repetitive functions or tasks. They are intended to operate automatically in order to reduce and improve human work in the industry. Our market research experts provide qualitative and quantitative analysis of the market based on involving economic and non-economic factors in the same report with market value (million USD) data for each segment ......
  • Global Industrial Control Market Research Report 2023
    Published: 14-Dec-2023        Price: US 2900 Onwards        Pages: 88
    This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Industrial Control market with multiple angles, which provides sufficient supports to readers' strategy and decision making. By Company - ABB Ltd - Emerson Electric Company - Honeywell International Incorporation - Kawasaki Robotics - Mitsubishi Electric Factory Automation - Omron Cor......
  • Global Process Automation and Instrumentation Industry Research Report, In-depth Analysis of Current Status and Outlook of Key Countries 2023-2028
    Published: 14-Dec-2023        Price: US 3380 Onwards        Pages: 121
    Market Overview of Global Process Automation and Instrumentation market: According to our latest research, the global Process Automation and Instrumentation market looks promising in the next 5 years. As of 2022, the global Process Automation and Instrumentation market was estimated at USD XX million, and it's anticipated to reach USD XX million in 2028, with a CAGR of XX% during the forecast years. This report covers a research time span from 2018 to 2028, and presents a dee......
  • Industrial Services Market by SCADA, Distributed Control System, Manufacturing Execution System, Safety Systems, Motors & Drives, Industrial Robotics, Industrial 3D Printing, Industrial PC, PLC, Service Type, End-user Industry - Global Forecast to 2028
    Published: 06-Dec-2023        Price: US 4950 Onwards        Pages: 283
    “The growing adoption of industry 4.0 technologies is driving the industrial services market.” The global Industrial Services market is expected to be valued at USD 39.1 billion in 2023 and is projected to reach USD 59.1 billion by 2028; it is expected to grow at a CAGR of 8.6% from 2023 to 2028.The advent of Industry 4.0 technologies, such as IoT (Internet of Things), AI (Artificial Intelligence), and automation, has created new opportunities for industri......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - [email protected] / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs