[Latest] Global Process Automation and Instrumentation Market Size/Share Worth USD 88.5 Billion by 2028 at an 5.20% CAGR: Markets N Research (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)
Global Process Automation and Instrumentation Market Size, Share & COVID-19 Impact Analysis, By Instrument Type (Transmitters, Flow Meters, Analyzers, Controllers, Recorders, Switches, and Vacuum Instruments), By Solution (PLC, SCADA, DCS, HMI, APC, MES and Safety Automation), By Application (Chemical, Metal & Mining, Food & Beverage, Oil & Gas, Pharmaceutical, Pulp & Paper, Wastewater Treatment, and Others) and Regional Forecasts, 2022-2028
Chicago, Jan. 24, 2023 (GLOBE NEWSWIRE) — Markets N Research has recently released expansive research on Global Process Automation and Instrumentation Market with 220+ market data Tables, Pie Chart, and Graphs & Figures spread through Pages and easy to understand detailed analysis. The report endows with wide-ranging statistical analysis of the market’s continuous developments, capacity, production, production value, cost/profit, supply/demand and import/export. This market report provides best solutions for strategy development and implementation depending on client’s needs to extract tangible results. This market research report serves the clients by providing data and information on their business scenario with which they can stay ahead of the competition in today’s rapidly changing business environment.
As per the report titled “
Global Process Automation and Instrumentation Market By Solution:
- PLC
- SCADA
- DCS
- HMI
- APC
- MES
- Safety Automation
Global Process Automation and Instrumentation Market By Application:
- Chemical
- Metal & mining
- Food & beverage
- Oil & gas
- Pharmaceutical
- Pulp & paper
- Wastewater treatment
- Others
Global Process Automation and Instrumentation Market Regional Insights:
North America is projected to hold the largest share of the process automation and instrumentation market over the forecast period due to a growth in the adoption rate of industrialized automation in the region, particularly in the U.S. Additionally, during the projection period, the U.S. will provide the most revenue to the global market for process automation and instrumentation. The region’s governments likewise concentrate on boosting energy production, and the American government funds these initiatives. For instance, the US DOE (Department of Energy) announced in July 2019 that 14 tribal energy infrastructure deployment projects would get USD 16 million in funding.
Further Report Findings:
- The market in North America is expected to gain a huge portion of the global process automation and instrumentation market share in the coming years. This is a result of the region’s increased use of industrial automation techniques.
- The presence of a solid technological foundation and growing investment in the chemical and petrochemical industries have further fueled the region’s expansion.
- In Asia Pacific, the growth in this region is primarily driven by various end-user verticals in this region have experienced substantial growth.
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Key questions answered in this report:
- What is the size of the Process Automation and Instrumentation market and what is its expected growth rate?
- What are the primary driving factors that push the Process Automation and Instrumentation market forward?
- What are the Process Automation and Instrumentation Industry’s top companies?
- What are the different categories that the Process Automation and Instrumentation Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Process Automation and Instrumentation market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2023−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis By Instrument Type, By Solution, By Application and By Geography
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Table of Content
Chapter 1: Preface
Chapter 2: Report Summary
Chapter 3: COVID 19 Impact Analysis
Chapter 4: Global Process Automation and Instrumentation Market, By Instrument Type Segment Analysis
Chapter 5: Global Process Automation and Instrumentation Market, By Solution Segment Analysis
Chapter 6: Global Process Automation and Instrumentation Market, By Application Segment Analysis
Chapter 7: Process Automation and Instrumentation Market – Regional Analysis, 2023 – 2030
Chapter 8: Process Automation and Instrumentation Market – Industry Analysis
Chapter 9: Competitive Landscape
Chapter 10: Company Profiles
Chapter 11: Research Methodology
Chapter 12: Questionnaire
Chapter 13: Related Reports
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Key Insights from Primary Research/Key Insights & Findings from the report:
- As per the analysis shared by our primary respondents, the Process Automation and Instrumentation market is expected to grow annually at a CAGR of around 5.20%.
- Through primary research, it was established that the Process Automation and Instrumentation market was valued at around USD 65.3 billion in 2021.
- The Process Automation and Instrumentation market is segmented based on instrument type: transmitters, flow meters, analyzers, controllers, recorders, switches, and vacuum instruments. The transmitters category was predicted to show maximum market share in the year 2021.
- The key factor driving the market is Cutting Costs and Increasing Efficiency
- The “North America” region will lead the global Process Automation and Instrumentation market during the forecast period 2023 to 2030.
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