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Global Process Automation & Instrumentation Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024 (Q2 2018 Update)

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Table of Contents

    1. Preface

    • 1.1. Objectives of the Study
    • 1.2. Market Segmentation & Coverage
    • 1.3. Years Considered for the Study
    • 1.4. Currency & Pricing
    • 1.5. Stakeholders

    2. Research & Forecasting

    • 2.1. Research Methodology
      • 2.1.1. Research Instruments
        • 2.1.1.1. Secondary Instrument
        • 2.1.1.2. Primary Instrument
      • 2.1.2. Research Approaches
        • 2.1.2.1. Bottom-up Approach
        • 2.1.2.2. Top-down Approach
      • 2.1.3. Research Reliability & Validity
      • 2.1.4. Research Assumptions
      • 2.1.5. Vendor Inclusion Criteria
    • 2.2. Forecasting Methodology
      • 2.2.1. Methodology for Market Estimation & Forecasting
      • 2.2.2. Significance and Importance of the Market Estimation & Forecasting

    3. Executive Summary

      4. Premium Insight

      • 4.1. Market Connectivity
      • 4.2. Market Data Feed
      • 4.3. Market Vendor Ranking Analysis
      • 4.4. Market Dynamics
        • 4.4.1. Drivers
          • 4.4.1.1. Increasing adoption of IoT, big data and wireless network
          • 4.4.1.2. Paradigm shift from conventional practices to the digital transformation
          • 4.4.1.3. Need of proactive solution to determine the failure
          • 4.4.1.4. Enforcement of regulatory compliance in process industries
          • 4.4.1.5. Rising labour wages across manufacturing hubs
        • 4.4.2. Restraints
          • 4.4.2.1. High initial implementation and maintenance cost
          • 4.4.2.2. Reluctance towards traditional working approach
        • 4.4.3. Opportunities
          • 4.4.3.1. Upcoming wave of industrial revolution
          • 4.4.3.2. Growing emphasis on robust IT infrastructure
        • 4.4.4. Challenges
          • 4.4.4.1. Security concerns raising due to digitization
      • 4.5. Porter’s Five Forces Analysis
        • 4.5.1. Threat of New Entrants
        • 4.5.2. Threat of Substitutes
        • 4.5.3. Bargaining Power of Customers
        • 4.5.4. Bargaining Power of Suppliers
        • 4.5.5. Industry Rivalry
      • 4.6. Value Chain Analysis
      • 4.7. Instrument Technology Trend
        • 4.7.1. Field Instrument
          • 4.7.1.1. Pressure
          • 4.7.1.2. Temperature
          • 4.7.1.3. Level
          • 4.7.1.4. Humidity
        • 4.7.2. Control Valve
          • 4.7.2.1. Valve Body
          • 4.7.2.2. Actuator
          • 4.7.2.3. Positioner
          • 4.7.2.4. Converter I/P
        • 4.7.3. Analyzer
          • 4.7.3.1. Ph Analyzer
          • 4.7.3.2. Conductivity Analyzer
          • 4.7.3.3. Gas Chromatograph
          • 4.7.3.4. Liquid Chromatograph

        5. Global Process Automation & Instrumentation Market, by Connectivity

        • 5.1. Introduction
        • 5.2. Wired Communication Protocol
        • 5.3. Wireless Communication Protocol

        6. Global Process Automation & Instrumentation Market, by Product

        • 6.1. Introduction
        • 6.2. Advanced Process Control
        • 6.3. Distributed Control System
        • 6.4. Human Machine Interface
        • 6.5. Manufacturing Execution System
        • 6.6. Programmable Logic Controller
        • 6.7. Safety Automation
        • 6.8. Supervisory Control & Data Acquisition

        7. Global Process Automation & Instrumentation Market, by Type

        • 7.1. Introduction
        • 7.2. Process Automation
        • 7.3. Process Instrumentation

        8. Global Process Automation & Instrumentation Market, by End User

        • 8.1. Introduction
        • 8.2. Automotive & Transportation
        • 8.3. Chemicals & Advanced Material
        • 8.4. Energy & Utilities
        • 8.5. Food & Beverage
        • 8.6. Pharmaceutical & Biotechnology Companies

        9. Global Process Automation & Instrumentation Market, by Geography

        • 9.1. Introduction
        • 9.2. Americas Process Automation & Instrumentation Market
          • 9.2.1. Americas Process Automation & Instrumentation Market, by Country
            • 9.2.1.1. United States
            • 9.2.1.2. Brazil
            • 9.2.1.3. Canada
            • 9.2.1.4. Mexico
            • 9.2.1.5. Argentina
          • 9.2.2. Americas Process Automation & Instrumentation Market, by Connectivity
          • 9.2.3. Americas Process Automation & Instrumentation Market, by Product
          • 9.2.4. Americas Process Automation & Instrumentation Market, by Type
          • 9.2.5. Americas Process Automation & Instrumentation Market, by End User
        • 9.3. Europe, Middle East & Africa Process Automation & Instrumentation Market
          • 9.3.1. Europe, Middle East & Africa Process Automation & Instrumentation Market, by Country
            • 9.3.1.1. United Kingdom
            • 9.3.1.2. Germany
            • 9.3.1.3. France
            • 9.3.1.4. Saudi Arabia
            • 9.3.1.5. United Arab Emirates
            • 9.3.1.6. Italy
            • 9.3.1.7. Russia
          • 9.3.2. Europe, Middle East & Africa Process Automation & Instrumentation Market, by Connectivity
          • 9.3.3. Europe, Middle East & Africa Process Automation & Instrumentation Market, by Product
          • 9.3.4. Europe, Middle East & Africa Process Automation & Instrumentation Market, by Type
          • 9.3.5. Europe, Middle East & Africa Process Automation & Instrumentation Market, by End User
        • 9.4. Asia-Pacific Process Automation & Instrumentation Market
          • 9.4.1. Asia-Pacific Process Automation & Instrumentation Market, by Country
            • 9.4.1.1. China
            • 9.4.1.2. Japan
            • 9.4.1.3. India
            • 9.4.1.4. Australia
          • 9.4.2. Asia-Pacific Process Automation & Instrumentation Market, by Connectivity
          • 9.4.3. Asia-Pacific Process Automation & Instrumentation Market, by Product
          • 9.4.4. Asia-Pacific Process Automation & Instrumentation Market, by Type
          • 9.4.5. Asia-Pacific Process Automation & Instrumentation Market, by End User

        10. Competitive Strategic Window

        • 10.1. Introduction
          • 10.1.1. Leverage Zone
          • 10.1.2. Vantage Zone
          • 10.1.3. Speculative Zone
          • 10.1.4. Bottleneck Zone

        11. FPNV Positioning Matrix

        • 11.1. Introduction
        • 11.2. Scores
          • 11.2.1. Forefront
          • 11.2.2. Pathfinders
          • 11.2.3. Niche
          • 11.2.4. Vital
        • 11.3. Business Strategy
        • 11.4. Product Satisfaction

        12. Competitive News Feed Analysis

          13. Company Usability Profiles

          • 13.1. ABB Ltd.
          • 13.2. Beckhoff Automation GmbH & Co. KG
          • 13.3. Emerson Electric Co.
          • 13.4. Honeywell International, Inc.
          • 13.5. Mitsubishi Corporation
          • 13.6. OMRON Corporation
          • 13.7. Rockwell Collins, Inc.
          • 13.8. Schneider Electric S.E.
          • 13.9. Siemens AG
          • 13.10. Yokogawa Electric Corporation

          14. Appendix

          • 14.1. Top Reports
          • 14.2. Author Details

          LIST OF TABLES (44 TABLES)

            TABLE 1. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, 2016 - 2024 (USD MILLION)

              TABLE 2. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET RANKING, BY VENDORS, 2017

                TABLE 3. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY CONNECTIVITY, 2016 - 2024 (USD MILLION)

                  TABLE 4. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY WIRED COMMUNICATION PROTOCOL, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)

                    TABLE 5. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY WIRELESS COMMUNICATION PROTOCOL, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)

                      TABLE 6. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY PRODUCT, 2016 - 2024 (USD MILLION)

                        TABLE 7. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY ADVANCED PROCESS CONTROL, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)

                          TABLE 8. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY DISTRIBUTED CONTROL SYSTEM, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)

                            TABLE 9. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY HUMAN MACHINE INTERFACE, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)

                              TABLE 10. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY MANUFACTURING EXECUTION SYSTEM, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)

                                TABLE 11. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY PROGRAMMABLE LOGIC CONTROLLER, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)

                                  TABLE 12. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY SAFETY AUTOMATION, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)

                                    TABLE 13. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY SUPERVISORY CONTROL & DATA ACQUISITION, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)

                                      TABLE 14. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY TYPE, 2016 - 2024 (USD MILLION)

                                        TABLE 15. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY PROCESS AUTOMATION, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)

                                          TABLE 16. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY PROCESS INSTRUMENTATION, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)

                                            TABLE 17. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY END USER, 2016 - 2024 (USD MILLION)

                                              TABLE 18. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY AUTOMOTIVE & TRANSPORTATION, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)

                                                TABLE 19. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY CHEMICALS & ADVANCED MATERIAL, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)

                                                  TABLE 20. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY ENERGY & UTILITIES, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)

                                                    TABLE 21. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY FOOD & BEVERAGE, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)

                                                      TABLE 22. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)

                                                        TABLE 23. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY GEOGRAPHY, 2016 - 2024 (USD MILLION)

                                                          TABLE 24. AMERICAS PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, 2016 - 2024 (USD MILLION)

                                                            TABLE 25. AMERICAS PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY CONNECTIVITY, 2016 - 2024 (USD MILLION)

                                                              TABLE 26. AMERICAS PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY PRODUCT, 2016 - 2024 (USD MILLION)

                                                                TABLE 27. AMERICAS PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY TYPE, 2016 - 2024 (USD MILLION)

                                                                  TABLE 28. AMERICAS PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY END USER, 2016 - 2024 (USD MILLION)

                                                                    TABLE 29. EUROPE, MIDDLE EAST & AFRICA PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, 2016 - 2024 (USD MILLION)

                                                                      TABLE 30. EUROPE, MIDDLE EAST & AFRICA PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY CONNECTIVITY, 2016 - 2024 (USD MILLION)

                                                                        TABLE 31. EUROPE, MIDDLE EAST & AFRICA PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY PRODUCT, 2016 - 2024 (USD MILLION)

                                                                          TABLE 32. EUROPE, MIDDLE EAST & AFRICA PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY TYPE, 2016 - 2024 (USD MILLION)

                                                                            TABLE 33. EUROPE, MIDDLE EAST & AFRICA PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY END USER, 2016 - 2024 (USD MILLION)

                                                                              TABLE 34. ASIA-PACIFIC PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, 2016 - 2024 (USD MILLION)

                                                                                TABLE 35. ASIA-PACIFIC PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY CONNECTIVITY, 2016 - 2024 (USD MILLION)

                                                                                  TABLE 36. ASIA-PACIFIC PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY PRODUCT, 2016 - 2024 (USD MILLION)

                                                                                    TABLE 37. ASIA-PACIFIC PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY TYPE, 2016 - 2024 (USD MILLION)

                                                                                      TABLE 38. ASIA-PACIFIC PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY END USER, 2016 - 2024 (USD MILLION)

                                                                                        TABLE 39. 360IRESEARCH SCORES FOR FOREFRONT IN PROCESS AUTOMATION & INSTRUMENTATION MARKET

                                                                                          TABLE 40. 360IRESEARCH SCORES FOR PATHFINDERS IN PROCESS AUTOMATION & INSTRUMENTATION MARKET

                                                                                            TABLE 41. 360IRESEARCH SCORES FOR NICHE IN PROCESS AUTOMATION & INSTRUMENTATION MARKET

                                                                                              TABLE 42. 360IRESEARCH SCORES FOR VITAL IN PROCESS AUTOMATION & INSTRUMENTATION MARKET

                                                                                                TABLE 43. 360IRESEARCH FPNV POSITIONING MATRIX BUSINESS STRATEGY FOR PROCESS AUTOMATION & INSTRUMENTATION MARKET

                                                                                                  TABLE 44. 360IRESEARCH FPNV POSITIONING MATRIX PRODUCT SATISFACTION FOR PROCESS AUTOMATION & INSTRUMENTATION MARKET

                                                                                                    LIST OF FIGURES (38 TABLES)

                                                                                                      FIGURE 1. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET: YEARS CONSIDERED FOR THE STUDY

                                                                                                        FIGURE 2. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET: KEY RESEARCH METHODOLOGY

                                                                                                          FIGURE 3. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET: KEY RESEARCH INSTRUMENTS

                                                                                                            FIGURE 4. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET: KEY SECONDARY INSTRUMENT SOURCES

                                                                                                              FIGURE 5. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET: KEY POTENTIAL RESPONDENTS

                                                                                                                FIGURE 6. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET: KEY BREAKDOWN OF PRIMARY INSTRUMENT

                                                                                                                  FIGURE 7. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET: KEY RESEARCH APPROACHES

                                                                                                                    FIGURE 8. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET: KEY DATA TRIANGULATION

                                                                                                                      FIGURE 9. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET: KEY RESEARCH ASSUMPTIONS

                                                                                                                        FIGURE 10. PROCESS AUTOMATION & INSTRUMENTATION MARKET: KEY MARKET CONNECTIVITY

                                                                                                                          FIGURE 11. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, 2016 - 2024 (USD MILLION)

                                                                                                                            FIGURE 12. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY CONNECTIVITY, 2017 VS 2024 (USD MILLION)

                                                                                                                              FIGURE 13. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY WIRED COMMUNICATION PROTOCOL, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)

                                                                                                                                FIGURE 14. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY WIRELESS COMMUNICATION PROTOCOL, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)

                                                                                                                                  FIGURE 15. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY PRODUCT, 2017 VS 2024 (USD MILLION)

                                                                                                                                    FIGURE 16. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY ADVANCED PROCESS CONTROL, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)

                                                                                                                                      FIGURE 17. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY DISTRIBUTED CONTROL SYSTEM, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)

                                                                                                                                        FIGURE 18. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY HUMAN MACHINE INTERFACE, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)

                                                                                                                                          FIGURE 19. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY MANUFACTURING EXECUTION SYSTEM, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)

                                                                                                                                            FIGURE 20. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY PROGRAMMABLE LOGIC CONTROLLER, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)

                                                                                                                                              FIGURE 21. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY SAFETY AUTOMATION, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)

                                                                                                                                                FIGURE 22. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY SUPERVISORY CONTROL & DATA ACQUISITION, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)

                                                                                                                                                  FIGURE 23. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY TYPE, 2017 VS 2024 (USD MILLION)

                                                                                                                                                    FIGURE 24. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY PROCESS AUTOMATION, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)

                                                                                                                                                      FIGURE 25. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY PROCESS INSTRUMENTATION, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)

                                                                                                                                                        FIGURE 26. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY END USER, 2017 VS 2024 (USD MILLION)

                                                                                                                                                          FIGURE 27. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY AUTOMOTIVE & TRANSPORTATION, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)

                                                                                                                                                            FIGURE 28. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY CHEMICALS & ADVANCED MATERIAL, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)

                                                                                                                                                              FIGURE 29. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY ENERGY & UTILITIES, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)

                                                                                                                                                                FIGURE 30. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY FOOD & BEVERAGE, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)

                                                                                                                                                                  FIGURE 31. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES, BY GEOGRAPHY, 2017 VS 2024 (USD MILLION)

                                                                                                                                                                    FIGURE 32. GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET SIZE, BY GEOGRAPHY, 2017 (USD MILLION)

                                                                                                                                                                      FIGURE 33. 360IRESEARCH COMPETITIVE STRATEGIC WINDOW FOR GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET, BY CONNECTIVITY, 2024

                                                                                                                                                                        FIGURE 34. 360IRESEARCH COMPETITIVE STRATEGIC WINDOW FOR GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET, BY PRODUCT, 2024

                                                                                                                                                                          FIGURE 35. 360IRESEARCH COMPETITIVE STRATEGIC WINDOW FOR GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET, BY TYPE, 2024

                                                                                                                                                                            FIGURE 36. 360IRESEARCH COMPETITIVE STRATEGIC WINDOW FOR GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET, BY END USER, 2024

                                                                                                                                                                              FIGURE 37. 360IRESEARCH COMPETITIVE STRATEGIC WINDOW FOR GLOBAL PROCESS AUTOMATION & INSTRUMENTATION MARKET, BY GEOGRAPHY, 2024

                                                                                                                                                                                FIGURE 38. 360IRESEARCH FPNV POSITIONING MATRIX FOR PROCESS AUTOMATION & INSTRUMENTATION MARKET

                                                                                                                                                                              The global process automation & instrumentation market is expected to grow from USD 59,821.57 million 2017 to USD 92,701.68 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 6.46%.

                                                                                                                                                                              “Increasing adoption of IoT, big data and wireless networkis one of the factors largely attributing to the growth of process automation & instrumentation market globally”

                                                                                                                                                                              The factors attributing to the growth of the market are increasing adoption of iot, big data and wireless network, paradigm shift from conventional practices to the digital transformation, need of proactive solution to determine the failure, enforcement of regulatory compliance in process industries, and rising labour wages across manufacturing hubs. However, some factors such as high initial implementation and maintenance cost, and reluctance towards traditional working approach may hinder the market growth. The global process automation & instrumentation market is expected to showcase the opportunities such as upcoming wave of industrial revolution, and growing emphasis on robust it infrastructure. In the near future, the market may face the possible challenges in the growth due to and security concerns raising due to digitization. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global process automation & instrumentation market market.

                                                                                                                                                                              On the basis of connectivity, the global process automation & instrumentation market is studied across Wired Communication Protocol and Wireless Communication Protocol.

                                                                                                                                                                              On the basis of product, the global process automation & instrumentation market is studied across Advanced Process Control, Distributed Control System, Human Machine Interface, Manufacturing Execution System, Programmable Logic Controller, Safety Automation, and Supervisory Control & Data Acquisition.

                                                                                                                                                                              On the basis of type, the global process automation & instrumentation market is studied across Process Automation and Process Instrumentation.

                                                                                                                                                                              On the basis of end user, the global process automation & instrumentation market is studied across Automotive & Transportation, Chemicals & Advanced Material, Energy & Utilities, Food & Beverage, and Pharmaceutical & Biotechnology Companies.

                                                                                                                                                                              On the basis of geography, the global process automation & instrumentation market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).

                                                                                                                                                                              “ABB Ltd.: The potential growing player for the global process automation & instrumentation market”

                                                                                                                                                                              The key players profiled in the global process automation & instrumentation market are ABB Ltd., Beckhoff Automation GmbH & Co. KG, Emerson Electric Co., Honeywell International, Inc., Mitsubishi Corporation, OMRON Corporation, Rockwell Collins, Inc., Schneider Electric S.E., Siemens AG, and Yokogawa Electric Corporation.

                                                                                                                                                                              The report provides insights on the following pointers:
                                                                                                                                                                              1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global process automation & instrumentation market.
                                                                                                                                                                              2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global process automation & instrumentation market.
                                                                                                                                                                              3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global process automation & instrumentation market.
                                                                                                                                                                              4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global process automation & instrumentation market.
                                                                                                                                                                              5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global process automation & instrumentation market.

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