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Global Process Instrumentation Market 2024-2028

Publisher TechNavio
Published Feb 19, 2024
Length 191 Pages
SKU # INF18598412

Description

Global Process Instrumentation Market 2024-2028


The process instrumentation market is forecasted to grow by USD 7.46 bn during 2023-2028, accelerating at a CAGR of 6.67% during the forecast period. The report on the process instrumentation market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for automation in manufacturing processes, the need for efficient use of resources and reduction of emissions in production processes, and enhancing safety in oil and gas storage and transportation.

Technavio's process instrumentation market is segmented as below:

By End-user
  • Oil and gas
  • Chemical
  • Food and beverages
  • Energy and power
  • Others
By Type
  • Field instrument
  • Control valve
  • Analyzer
By Geographical Landscape
  • APAC
  • North America
  • Europe
  • South America
  • Middle East and Africa
This study identifies the rising demand for wireless field instruments as one of the prime reasons driving the process instrumentation market growth during the next few years. Also, increasing applications of IIoT and smart instrumentation in process instrumentation techniques and increased applications in biotechnology industries will lead to sizable demand in the market.

The report on the process instrumentation market covers the following areas:
  • Process instrumentation market sizing
  • Process instrumentation market forecast
  • Process instrumentation market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading process instrumentation market vendors that include ABB Ltd., Delta Electronics Inc., Emerson Electric Co., Endress Hauser Group Services AG, Fuji Electric Co. Ltd., General Electric Co., Hitachi Ltd., Honeywell International Inc., KROHNE Messtechnik GmbH, Metso Outotec Corp., Mitsubishi Electric Corp., OMRON Corp., Pepperl and Fuchs SE, Rockwell Automation Inc., Schlumberger Ltd., Schneider Electric SE, Siemens AG, Teledyne Technologies Inc., Titan Co. Ltd., and Yokogawa Electric Corp.. Also, the process instrumentation market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

191 Pages
    • Market overview
    • Market ecosystem
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
    • Global process instrumentation market 2018 - 2022
    • End-user Segment Analysis 2018 - 2022
    • Type Segment Analysis 2018 - 2022
    • Geography Segment Analysis 2018 - 2022
    • Country Segment Analysis 2018 - 2022
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
    • Market segments
    • Comparison by End-user
    • Oil and gas - Market size and forecast 2023-2028
    • Chemical - Market size and forecast 2023-2028
    • Food and beverages - Market size and forecast 2023- 2028
    • Energy and power - Market size and forecast 2023-2028
    • Others - Market size and forecast 2023-2028
    • Market opportunity by End-user
    • Market segments
    • Comparison by Type
    • Field instrument - Market size and forecast 2023-2028
    • Control valve - Market size and forecast 2023-2028
    • Analyzer - Market size and forecast 2023-2028
    • Market opportunity by Type
    • Customer landscape overview
    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2023-2028
    • North America - Market size and forecast 2023-2028
    • Europe - Market size and forecast 2023-2028
    • South America - Market size and forecast 2023-2028
    • Middle East and Africa - Market size and forecast 2023- 2028
    • US - Market size and forecast 2023-2028
    • China - Market size and forecast 2023-2028
    • India - Market size and forecast 2023-2028
    • Canada - Market size and forecast 2023-2028
    • UK - Market size and forecast 2023-2028
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Impact of drivers and challenges
    • Market trends
    • Overview
    • Vendor landscape
    • Landscape disruption
    • Industry risks
    • Vendors covered
    • Market positioning of vendors
    • ABB Ltd.
    • Delta Electronics Inc.
    • Emerson Electric Co.
    • Endress Hauser Group Services AG
    • Fuji Electric Co. Ltd.
    • General Electric Co.
    • Hitachi Ltd.
    • Honeywell International Inc.
    • Metso Outotec Corp.
    • Mitsubishi Electric Corp.
    • OMRON Corp.
    • Pepperl and Fuchs SE
    • Rockwell Automation Inc.
    • Schneider Electric SE
    • Siemens AG
    • Scope of the report
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

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