Market Research Future published a research report on “Process Automation & Instrumentation Market Research Report- Forecast till 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Process Automation and Instrumentation Market – Overview

The burgeoning growth in self-learning technology available in markets around the world has spurred the development of process automation and instrumentation considerably. Market reports linked to the semiconductor & electronics sector made available by Market Research Future along with published reports on other industry have been recently published along with a report on this industry. The market is anticipated to reach USD 72 billion in revenues approximately in the forecast period while developing at a CAGR of over 6 percent in the duration of the forecast period.

The amplifying demand being observed for enhancing the operating charge and boosting the production efficiency has been driving markets across the world. The implementation of multivendor portable applications is anticipated to be among the top factors for driving hr expansion of the market in the forecast period. The market is also expected to gain significantly from the adoption of IoT technology across diverse industrial domains.

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Key Players:

Some of the prominent players in the global process automation & instrumentation market: ABB Ltd. (Switzerland), Emerson Electric Co. (U.S.), General Electric Co. (U.S.), Honeywell International, Inc. (U.S.), Mitsubishi Electric Corporation (Japan), Rockwell Automation, Inc. (U.S.), Schneider Electric SE (France), Siemens AG (Germany), Yokogawa Electric Corporation (Japan), and Metso Corporation (Finland).

Detailed Regional Analysis

The Process Automation & Instrumentation Market covers regions such as Europe, Asia Pacific, North America, and Rest of the World. It has been witnessed that the North America region is responsible for the principal share in the market. Due to the technological advancements around the world, such as a well-established industrial area and intensifying investment by the government in the U.S. in the chemical & petrochemical industry is aiding the market’s development in the past few years. The Asia Pacific region is anticipated to be the most rapidly growing region due to the occurrence of oil refineries in several nations, but the region has in the past undergone a low market value.

Industry Segments

The market for process automation & instrumentation is segmented on the basis of solution, instrument, and end-users. The segment based on solution includes HMI, APC, DCS, PLC, MES, safety automation & SCADA. The instrument-based segmentation of the market consists of control valve, field instrument, and analyzer. The segment of field instrument is additionally sub-segmented into temperature, level, pressure, and humidity. The segment of control valves is further sub divided into actuator, valve body, and others. The analyzer segment is also further sub divided into gas chromatograph, pH analyzer conductivity analyzer, and a liquid chromatograph. The end-user segment comprises of energy & power, chemicals, metals & mining, water & wastewater, food & beverages, pulp & paper, oil & gas, pharmaceuticals, and others.

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TABLE OF CONTENTS

LIST OF TABLES

Table 1 Global Process Automation & Instrumentation Market: By Region, 2017-2023

Table 2 North America Process Automation & Instrumentation Market: By Country, 2017-2023

Table 3 Europe Process Automation & Instrumentation Market: By Country, 2017-2023

Table 4 Asia Pacific Process Automation & Instrumentation Market: By Country, 2017-2023

Table 5 Rest Of The World Process Automation & Instrumentation Market: By Country, 2017-2023

Table 6 Latin America Process Automation & Instrumentation Market: By Country, 2017-2023

Table 7 Global Process Automation & Instrumentation By Instrument Market: By Regions, 2017-2023

Table 8 North America Process Automation & Instrumentation By Instrument Market: By Country, 2017-2023

Table 9 Europe Process Automation & Instrumentation By Instrument Market: By Country, 2017-2023

Table 10 Asia Pacific Process Automation & Instrumentation By Instrument Market: By Country, 2017-2023

Table11 The The Middle East & Africa Process Automation & Instrumentation By Instrument Market: By Country, 2017-2023

Table12 Latin America Process Automation & Instrumentation By Instrument Market: By Country, 2017-2023

Table13 Global Process Automation & Instrumentation By Instrument Market: By Regions, 2017-2023

Table14 North America Process Automation & Instrumentation By Instrument Market: By Country, 2017-2023

Table15 Europe Process Automation & Instrumentation By Instrument Market: By Country, 2017-2023

Continued…

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