Automation Instrumentation Market: Global Industry Analysis and Forecast 2015 - 2021


Posted December 2, 2015 by veronicasavio

Automation is the use of several control systems for operating equipment such as boilers and heat treating ovens, machinery,

 
Automation is the use of several control systems for operating equipment such as boilers and heat treating ovens, machinery, switching in telephone networks, stabilization and steering of aircraft, ships and other applications with reduced or minimal human intervention. Automation saves labor and energy and improves quality and precision. Automation can be broadly divided into process and discrete automation. Instrumentation is the science and art of control and measurement of process variables within a manufacturing or production area. Several types of instrumentation techniques include network instrumentation, programmable instrumentation, operating systems instrumentation and processor instrumentation. Instrumentation goes together with automation as instruments are used in the automation process to measure, analyze or monitor the level of a product’s performance.

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One of the major factors driving the growth of automation instrumentation market is the increasing demand of automation instrument from process industries. However, lack of effective product differentiation may pose a challenge to the growth of automation instrumentation market. For example, various automation instrument retailers face augmented competition from regional and local vendors owing to lack of effective product differentiation. To overcome this problem, many retailers have started presenting customized automation solutions which not only meet the client needs but is offered to them at a competitive price. As a result, several companies across process industries which include Chemical, Oil and Gas and Petrochemical are opting for automation instruments so that they could enhance their operational efficiency.

By geography, countries such as Brazil, Russia, India and China are witnessing rapid growth in the automation instrumentation market due to the upstream industries of Refining Chemicals along with Electric Utilities, Oil & Gas, Metals and Mining. Some of the key players in the market include Emerson Electric Co., BB Ltd., Yokogawa Electric Corp. and Honeywell International Inc. among others.

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Key geographies evaluated in this report are:

North America

U.S
Canada

Europe

France, Germany, Italy, Spain, and the UK
Eastern Europe
CIS

APAC

China
India
Japan
Australia
Others

Latin America

Argentina
Brazil
Others

Key points covered in the report

1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)
2) The report covers geographic segmentation
North America
Europe
Asia
RoW
3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
4) The report provides company profiles of some of the leading companies operating in the market
5) The report also provides porters five forces analysis of the market.-


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Issued By Addie Thomes
Phone 08009610353
Business Address Addie Thomas 305 Broadway 7th Floor, New York Cit
NY 10007, United States, USA - Canada
Country United States
Categories Business
Tags automation instrumentation , automation instrumentation market
Last Updated December 2, 2015