Market Research Logo

Global Process Automation And Instrumentation Market Forecast 2017-2024


Attention: There is an updated edition available for this report.

Global Process Automation And Instrumentation Market Forecast 2017-2024

KEY FINDINGS

The market for global process automation & instrumentation is projected to grow at a CAGR of 5.37% during the forecast period of 2017-2024. The forecast period for the market study is 2017 to 2024 and the base year considered for the study is 2016. The technological advancements and innovations in the field of robotics are one of the dominant drivers for the growth of process automation and instrumentation market.

MARKET INSIGHTS

The global process automation and instrumentation market is segmented into the market by technology, market by instruments, market by type of solutions, market by application and geography. The process automation and instrumentation market by technology is segmented into Distributed control system (DCS), Programmable logic controller (PLC), Supervisory control and data acquisition (SCADA), Automation and control systems (ACS), Manufacturing execution systems (MES), Safety instrumented systems (SIS) and others. The market by instruments is segmented into Field instruments, Control valves & Positioners and Communication. The market by Communication is further segregated into wired protocols and wireless protocols.

The process automation and instrumentation types of solutions market is segmented into Hardware, Software and Services. The process automation and instrumentation market by application is segmented into Oil & gas, Paper & pulp, Automotive, Chemical & petrochemical, Water & waste water treatment, Energy & utilities, Pharmaceutical, Food, tobacco, and beverages and others.

The advancing labor costs and a decrease in the price of automation solutions, the need for energy efficient production processes due to rise in demand for gas and oil on a global scale and the need for software that aids detection and reduction of failures are some of the dominant drivers for the growth of process automation and instrumentation market. Inversely the factors those restraints the market growth are slow growth in developed markets, security risks and lack of skilled workforce.

REGIONAL INSIGHTS

North America accounts for the largest market share in the global process automation and instrumentation market. The growth of automotive industry 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 the 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

Rockwell automation Inc., Siemens AG, Danaher corporation, Honeywell international Inc., Mitsubishi electric corporation, Schneider electric, Emerson electric company, Texas instruments, General electric corporation (GE) are dominant players in the global Process automation and Instrumentation market.


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
4. Market Overview
4.1. Market Dynamics
4.1.1. Overview
4.2. Drivers
4.2.1. Escalating Labor Cost & Decreasing The Price Of Automation Solutions
4.2.2. Inclination Of Growth Towards Manufacturing Sector
4.2.3. Need For Energy-efficient Production Processes Due To Rising Demand For Oil & Gas Globally
4.2.4. Need For Software To Detect And Reduce Faluires
4.3. Restraints
4.3.1. Lack Of Skilled Workforce
4.3.2. Sluggish Growth In Developed Markets: A Cause Of Unrest Among The Western Suppliers
4.3.3. Security Risks
4.4. Challenges
4.4.1. Integration With Existing Systems
4.4.2. Building In 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. Global Process Automation & Instrumentation Market By Technology
5.1. Distributed Control System (Dcs)
5.2. Programmable Logic Controller (Plc)
5.3. Supervisory Control And Data Acquisition (Scada)
5.4. Automation And Control Systems (Acs)
5.5. Manufacturing Execution Systems (Mes)
5.6. Safety Instrumented Systems (Sis)
5.7. Others
6. Global Process Automation & Instrumentation Market By Instruments
6.1. Field Instruments
6.2. Control Valves & Positioners
6.3. Communication
6.3.1. Wired Protocols
6.3.2. Wireless Protocols
6.4. Others
6.5. Opportunity Matrix
7. Global Process Automation & Instrumentation Market By Type Of Solutions
7.1. Hardware
7.2. Software
7.3. Services
7.4. Opportunity Matrix
8. Global Process Automation & Instrumentation Market By Application
8.1. Oil & Gas
8.2. Automotive
8.3. Paper & Pulp
8.4. Chemical & Petrochemical
8.5. Water & Waste Water Treatment
8.6. Energy & Utilities
8.7. Pharmaceutical
8.8. Food, Tobacco, And Beverages
8.9. Others
8.10. Opportunity Matrix
9. Key Analytics
9.1. Value Chain Analysis
9.2. Porter’s Five Forces
9.2.1. Threat From New Entrants
9.2.2. Bargaining Power Of Consumers
9.2.3. Bargaining Power Of Suppliers
9.2.4. Threat From Substitute Products
9.2.5. Competitive Rivalry Within The Industry
9.3. Investment Analysis
10. Global Process Automation Market By Region
10.1. North America
10.1.1. United States
10.1.2. Canada
10.2. Europe
10.2.1. United Kingdom
10.2.2. France
10.2.3. Germany
10.2.4. Others
10.3. Asia-pacific
10.3.1. China
10.3.2. Japan
10.3.3. India
10.3.4. Others
10.4. Latin America
10.4.1. Brazil
10.4.2. Mexico
10.4.3. Argentina
10.4.4. Others
10.5. Middle-east & Africa
10.5.1. Uae
10.5.2. Saudi Arabia
10.5.3. South Africa
10.5.4. Others
10.6. Opportunity Matrix
11. Competitive Landscape
11.1. Vendor Market Share
12. Company Profiles
12.1. Abb Ltd.
12.1.1. Company Overview
12.1.2. Products & Services
12.1.3. Company Financials (In Usd Million)
12.1.4. Revenue By Operating Segment (2015)
12.1.5. Business Orders By Region (2015)
12.1.6. Revenue By Geography (2015)
12.1.7. Recent Developments
12.2. Honeywell International Inc.
12.2.1. Company Overview
12.2.2. Products & Services
12.2.3. Company Financials (In Usd Million)
12.2.4. Revenue By Business Segment (2015)
12.2.5. Recent Developments
12.3. Siemens Ag
12.3.1. Company Overview
12.3.2. Products & Services
12.3.3. Company Financials (In Eur Million)
12.3.4. Revenue By Segment (2015)
12.3.5. Revenue By Regions (2015)
12.3.6. Recent Developments
12.4. Schneider Electric
12.4.1. Company Overview
12.4.2. Products & Services
12.4.3. Company Financials (In Eur Million)
12.4.4. Revenue By Segment (2015)
12.4.5. Revenue By Geography (2015)
12.4.6. Recent Developments
12.5. Mitsubishi Electric Corporation
12.5.1. Company Overview
12.5.2. Products & Services
12.5.3. Company Financials (In Jpy Billion)
12.5.4. Revenue By Operating Segment (2015)
12.5.5. Revenue By Geography (2015)
12.5.6. Recent Developments
12.6. Rockwell Automation Inc
12.6.1. Company Overview
12.6.2. Products & Services
12.6.3. Company Financials (In Usd Million)
12.6.4. Revenue By Segment (2015)
12.6.5. Revenue By Geography (2015)
12.6.6. Recent Developments
12.7. Emerson Electric Company
12.7.1. Company Overview
12.7.2. Products & Services
12.7.3. Company Financials (In Usd Million)
12.7.4. Revenue By Segment (2015)
12.7.5. Revenue By Geography (2015)
12.7.6. Recent Developments
12.8. Danaher Corporation
12.8.1. Company Overview
12.8.2. Products & Services
12.8.3. Company Financials (In Usd Million)
12.8.4. Revenue By Segment (2015)
12.8.5. Revenue By Geography (2015)
12.8.6. Recent Developments
12.9. Texas Instruments
12.9.1. Company Overview
12.9.2. Products& Services
12.9.3. Company Financials (In Usd Million)
12.9.4. Revenue By Segment (2015)
12.9.5. Revenue By Geography (2015)
12.9.6. Recent Developments
12.10. General Electric Corporation (Ge)
12.10.1. Company Overview
12.10.2. Products & Services
12.10.3. Company Financials (In Usd Million)
12.10.4. Revenue By Segment (2015)
12.10.5. Revenue By Geography (2015)
12.10.6. Recent Developments
Table List
Table#1 Global Process Automation & Instrumentation Market, By Region 2017-2024 ($million)
Table#2 Global Process Automation Market Forecast By Technology ($ Billion) 2017 – 2024
Table#3 Dcs Process Automation & Instrumentation Market Forecast By Region ($ Billion) 2017 – 2024
Table#4 Plc Process Automation & Instrumentation Market Forecast By Region ($ Billion) 2017 – 2024
Table#5 Scada Process Automation & Instrumentation Market Forecast By Region ($ Billion) 2017 – 2024
Table#6 Acs Process Automation & Instrumentation Market Forecast By Region ($ Billion) 2017 – 2024
Table#7 Mes Process Automation Market Forecast By Region ($ Billion) 2017 – 2024
Table#8 Sis Process Automation & Instrumentation Market Forecast By Region ($ Billion) 2017 – 2024
Table#9 Others Process Automation & Instrumentation Market Forecast By Region ($ Billion) 2017 – 2024
Table#10 Global Process Automation & Instrumentation Market Forecast By Instrument ($ Billion) (2017 – 2024)
Table#11 Field Instrument Process Automation & Instrumentation Market Forecast By Region ($ Billion) (2017 – 2024)
Table#12 Control Valves Process Automation & Instrumentation Market Forecast By Region ($ Billion) (2017 – 2024)
Table#13 Types Of Wired Protocols
Table#14 Communication Process Automation & Instrumentation Market Forecast By Region ($ Billion) (2017 – 2024)
Table#15 Types Of Wireless Protocols
Table#16 Other Instrument Process Automation & Instrumentation Market Forecast By Region ($ Billion) (2017 – 2024)
Table#17 Hardware Components
Table#18 Hardware Process Automation & Instrumentation Market Forecast By Region ($ Billion) (2017 – 2024)
Table#19 Software Process Automation & Instrumentation Market Forecast By Region ($ Billion) (2017 – 2024)
Table#20 Services Process Automation & Instrumentation Market Forecast By Region ($ Billion) (2017 – 2024)
Table#21 Oil & Gas Process Automation & Instrumentation Market Forecast By Region ($ Billion)(2017 – 2024)
Table#22 Automotive Process Automation & Instrumentation Market Forecast By Region ($ Billion) (2017 – 2024)
Table#23 Pulp & Paper Industry Process Automation & Instrumentation Market Forecast By Region ($ Billion)(2017 – 2024)
Table#24 Chemicals And Petrochemicals Process Automation & Instrumentation Market Forecast By Region ($ Billion) (2017 – 2024)
Table#25 Water And Waste Water Treatment Process Automation & Instrumentation Market Forecast By Region ($ Billion)(2017 – 2024)
Table#26 Energy And Utilities Process Automation & Instrumentation Market Forecast By Region ($ Billion) (2017 – 2024)
Table#27 Pharmaceutical Process Automation & Instrumentation Market Forecast By Region ($ Billion) (2017 – 2024)
Table#28 Food, Tobacco And Beverages Process Automation & Instrumentation Market Forecast By Region ($ Billion) (2017 – 2024)
Table#29 Other Application Process Automation & Instrumentation Market Forecast By Region ($ Billion) (2017 – 2024)
Table#30 Japan Process Automation & Instrumentation Market Forecast ($ Billion)
Table#31 Middle-east & Africa Process Automation & Instrumentation Market Forecast ($ Billion)
Figures List
Figure#1 Global Process Automation & Instrumentation Market By Technology 2016 And 2024 ($million)
Figure#2 Process Automation & Instrumentation Benefits
Figure#3 Global Oil Demand – Million Barrels Per Day – Region Wise
Figure#4 Global Process Automation & Instrumentation Market Forecast By Dcs Technology ($ Billion) (2017-2024)
Figure#5 Global Process Automation & Instrumentation Market Forecast By Plc Technology ($ Billion) (2017 – 2024)
Figure#6 Global Process Automation & Instrumentation Market Forecast By Scada Technology ($ Billion) (2017 – 2024)
Figure#7 Global Process Automation & Instrumentation Market Forecast By Acs Technology ($ Billion) (2017 – 2024)
Figure#8 Global Process Automation & Instrumentation Market Forecast By Mes Technology ($ Billion) (2017 – 2024)
Figure#9 Global Process Automation & Instrumentation Market Forecast By Sis Technology ($ Billion) (2017 – 2024)
Figure#10 Protective Layers Where Safety Risks Can Be Reduced
Figure#11 Advantages Of Sis
Figure#12 Global Process Automation & Instrumentation Market Forecast By Other Technologies ($ Billion) (2017 – 2024)
Figure#13 Global Process Automation & Instrumentation Market Forecast By Field Instruments ($ Billion) (2017 – 2024)
Figure#14 Global Process Automation & Instrumentation Market Forecast By Control Valves & Positioners ($ Billion) (2017 – 2024)
Figure#15 Communication Protocol Segmentation
Figure#16 Global Process Automation & Instrumentation Market Forecast By Communication ($ Billion) (2017 – 2024)
Figure#17 Global Process Automation & Instrumentation Market Forecast By Others ($ Billion) (2017 – 2024)
Figure#18 Global Process Automation & Instrumentation Market Forecast By Type Of Solutions ($ Billion) (2017 – 2022)
Figure#19 Global Process Automation & Instrumentation Market By Hardware Components ($ Billion)
Figure#20 Global Process Automation & Instrumentation Market By Software ($ Billion)
Figure#21 Global Process Automation & Instrumentation Market By Software ($ Billion)
Figure#22 Global Process Automation & Instrumentation Market Forecast By Application ($ Billion)
Figure#23 Global Process Automation & Instrumentation Market Forecast By Oil & Gas Industry ($ Billion)
Figure#24 Global Process Automation & Instrumentation Market Forecast By Automotive Industry ($ Billion)
Figure#25 Global Process Automation & Instrumentation Market Forecast By Paper & Pulp Industry ($ Billion)
Figure#26 Global Process Automation & Instrumentation Market Forecast By Chemical & Petrochemical ($ Billion)
Figure#27 Global Process Automation & Instrumentation Market Forecast By Water & Waste Water Treatment Industry ($ Billion)
Figure#28 Global Process Automation & Instrumentation Market Forecast By Energy & Utilities Industry ($ Billion)
Figure#29 Global Process Automation & Instrumentation Market Forecast By Pharmaceutical Industry ($ Billion)
Figure#30 Global Process Automation & Instrumentation Market Forecast By Food, Tobacco, And Beverages Industry ($ Billion)
Figure#31 Global Process Automation & Instrumentation Market Forecast By Others Industry ($ Billion)
Figure#32 Global Process Automation & Instrumentation Market Forecast By Region ($ Billion)
Figure#33 North America Process Automation & Instrumentation Market Forecast ($ Billion)
Figure#34 North America Process Automation & Instrumentation Market Forecast By Technology 2016 & 2024 ($ Billion)
Figure#35 North America Process Automation & Instrumentation Market Forecast By Application 2016 & 2024 ($ Billion)
Figure#36 North America Process Automation & Instrumentation Market Forecast By Instrument 2016 & 2024 ($ Billion)
Figure#37 North America Process Automation & Instrumentation Market Forecast By Solutions 2016 & 2024 ($ Billion)
Figure#38 U.S. Process Automation & Instrumentation Market Forecast ($ Billion)
Figure#39 Canada Process Automation & Instrumentation Market Forecast ($ Billion)
Figure#40 Europe Process Automation & Instrumentation Market Forecast ($ Billion)
Figure#41 Europe Process Automation & Instrumentation Market Forecast By Technology 2016 & 2024 ($ Billion)
Figure#42 Europe Process Automation & Instrumentation Market Forecast By Application 2016 & 2024 ($ Billion)
Figure#43 Europe Process Automation & Instrumentation Market Forecast By Instruments 2016 & 2024 ($ Billion)
Figure#44 Europe Process Automation & Instrumentation Market Forecast By Solutions 2016 & 2024 ($ Billion)
Figure#45 Uk Process Automation & Instrumentation Market Forecast ($ Billion)
Figure#46 France Process Automation & Instrumentation Market Forecast ($ Billion)
Figure#47 Germany Process Automation & Instrumentation Market Forecast ($ Billion)
Figure#48 Others Process Automation & Instrumentation Market Forecast ($ Billion)
Figure#49 Apac Process Automation & Instrumentation Market Forecast ($ Billion)
Figure#50 Asia-pacific Process Automation & Instrumentation Market Forecast By Technology 2016 & 2024 ($ Billion)
Figure#51 Asia-pacific Process Automation & Instrumentation Market Forecast By Applications 2016 & 2024 ($ Billion)
Figure#52 Asia-pacific Process Automation & Instrumentation Market Forecast By Instruments 2016 & 2024 ($ Billion)
Figure#53 Asia-pacific Process Automation & Instrumentation Market Forecast By Solutions 2016 & 2024 ($ Billion)
Figure#54 China Process Automation & Instrumentation Market Forecast ($ Billion)
Figure#55 Demand By Product – China – Thousand Barrels Per Day
Figure#56 India Process Automation & Instrumentation Market Forecast ($ Billion)
Figure#57 Others Process Automation & Instrumentation Market Forecast ($ Billion)
Figure#58 Latin America Process Automation & Instrumentation Market Forecast ($ Billion)
Figure#59 Latin America Process Automation & Instrumentation Market Forecast By Technology 2016 & 2024 ($ Billion)
Figure#60 Latin America Process Automation & Instrumentation Market Forecast By Application 2016 & 2024 ($ Billion)
Figure#61 Latin America Process Automation & Instrumentation Market Forecast By Instrument 2016 & 2024 ($ Billion)
Figure#62 Latin America Process Automation & Instrumentation Market Forecast By Solutions 2016 & 2024 ($ Billion)
Figure#63 Brazil Process Automation & Instrumentation Market Forecast ($ Billion)
Figure#64 Mexico Process Automation & Instrumentation Market Forecast ($ Billion)
Figure#65 Others Process Automation & Instrumentation Market Forecast ($ Billion)
Figure#66 Middle East & Africa Process Automation & Instrumentation Market Forecast By Technology 2016 & 2024 ($ Billion)
Figure#67 Middle East & Africa Process Automation & Instrumentation Market Forecast By Application 2016 & 2024 ($ Billion)
Figure#68 Middle East & Africa Process Automation & Instrumentation Market Forecast By Instruments 2016 & 2024 ($ Billion)
Figure#69 Middle East & Africa Process Automation & Instrumentation Market Forecast By Solutions 2016 & 2024 ($ Billion)
Figure#70 Uae Process Automation & Instrumentation Market Forecast ($ Billion)
Figure#71 Saudi Arabia Process Automation & Instrumentation Market Forecast ($ Billion)
Figure#72 South Africa Process Automation & Instrumentation Market Forecast ($ Billion)
Figure#73 Others Process Automation & Instrumentation Market Forecast ($ Billion)

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report