Process Automation Market Supported by Efforts to Minimize Human Intervention and Increase Efficienc

Global Process Automation Market

By Materials, By Product, By Preparation Method, By Application and By Geography Analysis - Forecast 2019 - 2024 www.industryarc.com

Global Process Automation Market 2019-2024

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Press Release IndustryARC announces the publication of a freshly compiled market research report on the global process automation market, estimating the demand to grow at a notable CAGR of 7% during the forecast period of 2019-2025. The analysts have estimated the global process automation market size to be at $65 billion as of 2018. The information that is supplemented by other aspects in the report including geographical revenue representations, strategic merger and acquisition analysis, segmentations, competitive analysis, etc. The report is titled ‘Process Automation Market : By Type (PLC, SCADA, Valves, Transmitters, MES); By Industry (Chemical, Oil & Gas, Petrochemical, F&B, Paper, Automotive) & By Region Forecast (2019 - 2025).’ Geographically, Asia Pacific has been highlighted as the most lucrative region, generating 30% to 35% of the overall demand in 2018. End use industry-wise, the pharmaceutical segment is projected for an above average CAGR of 8% during the aforementioned forecast period.

Process automation is essentially a software that can implement tasks just the way humans do, and is beneficial for functions carried out in an office environment. They are programmed in a manner that duplicates the way humans do tasks, and reduces their workload. Finance industry was one of the first to adopt process automation system for acquiring maximum return rates as it reduced the workload on employees by doing menial tasks like KYC completion, or identification of credit risk.

Browse 40 Market Tables, 175 Figures spread through 175 slides and an in-depth TOC “Process Automation Market (2019 - 2025)” Global Process Automation Market: Competitive Landscape Mitsubishi Corporation Mitsubishi is a Japanese company, headquartered in Tokyo, and well-known throughout the world for its automotive manufacturing. Mitsubishi has been experimenting with process automation along with cloud computing to completely overhaul their manufacturing process. One of the prime examples of their experimentation with process automation is in Singapore-based Kallang-Paya Lebar Expressway. The company has designed a special ventilation system using process automation which helps in controlling the air quality of the tunnel, and providing smoke control in case of any fire detection.

Robert Bosch GmbH Robert Bosch GmbH, a company based in Germany has devoted an entire subsidiary to process automation. This subsidiary is known as Robert Bosch Engineering and Business Solutions Private Limited, and is working strenuously towards implementing automation in most systems. The company has been recruiting engineers on an exhaustive level as they claim that the scope for jobs in process automation market is unlimited. In India alone, Robert Bosch has vowed to create 200,000 jobs in the market for process automation by the year 2021.

Global Process Automation Market: Key trends Accentuated Customer Experience Process automation is providing a better customer experience by helping businesses in integrating features like automated chats on their websites. This helps businesses in engaging more customers

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by answering their queries in real-time, and providing them with opportunities to learn more about the business.

Impact on Artificial Intelligence Process automation will have a positive impact on AI, as it will enable businesses to move towards solutions that require robotic supplementation in several processes. Tasks such as packaging and production which are mostly done manually can be carried out efficiently with the help of robots that are build using process automation.

Process automation will continue to impact our lives by making office work simpler, and faster.

Serving as a forerunner to AI, the world will soon approach a time when automation will be an intrinsic part of our lives.

Talk to one of our sales representative about the full report by providing your details in the link below: https://industryarc.com/support.php?id=122 Related Reports: Process Control Automation Market:By Type (Robotics, Industrial Automation, Electrical Systems & Components, Testing, Inspection & Certification); By Systems & Module Analysis (Software Systems, Instrumentation & Controls, Switches, Controllers, Others), By Valves, Actuators & Positioners; By Application; By End-User Industry & Geography - Forecast(2018 - 2023) https://industryarc.com/Report/18154/process-control-automation-market.html Robotic Process Automation Market: By Type (attended automation, unattended automation, hybrid RPA); By Solution (automation, decision support, interaction); By Industry (healthcare, retail, insurance, others); By Geography - Forecast(2018-2023) https://industryarc.com/Report/18907/robotic-process-automation-market About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

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Table of Contents 1. Global Process Automation Market Overview 2. Executive Summary 3. Global Process Automation Market Landscape 3.1. Market Share Analysis 3.2. Comparative Analysis 3.2.1. Product Benchmarking 3.2.2. End user profiling 3.2.3. Patent Analysis 3.2.4. Top 5 Financials Analysis 4. Global Process Automation Market Forces 4.1. Market Drivers 4.2. Market Constraints 4.3. Market Challenges 4.4. Attractiveness of the Process Automation Industry 4.4.1. Power of Suppliers 4.4.2. Power of Customers 4.4.3. Threat of New entrants 4.4.4. Threat of Substitution 4.4.5. Degree of Competition 5. Global Process Automation Market – Strategic Analysis 5.1. Value Chain Analysis 5.2. Pricing Analysis 5.3. Opportunities Analysis 5.4. Product/Market Life Cycle Analysis 5.5. Suppliers and Distributors 6. Global Process Automation Market – Modules Analysis 6.1. Software Systems 6.1.1. Product Lifecycle Management (PLM) 6.1.2. Programmable Logic Controllers (PLC) 6.1.3. Supervisory Control and Data Acquisition (SCADA) 6.1.4. Manufacturing Execution Systems (MES) 6.1.5. Distributed Control Systems (DCS) 6.2. Instrumentation & Controls 6.2.1. Speed Sensors 6.2.2. Force/Strain Sensors 6.2.3. Position Sensors 6.2.4. Process Tachometers 6.2.5. Level Transmitters 6.2.6. Pressure Transmitters 6.2.7. Flow Transmitters 6.2.8. Temperature Transmitters 6.3. Switches 6.4. Controllers 6.5. I/O Cards 6.6. Process Automation Services 6.6.1. Installation and Commissioning 6.6.2. Design and Engineering 6.6.3. Operational Management and Maintenance 6.6.4. Others

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7. Process Automation Market - Valves, Actuators and Positioners Analysis 7.1. Positioners 7.1.1. Electro-Pneumatic Positioners 7.1.2. Pneumatic Positioners 7.1.3. Digital Positioners 7.2. Actuators 7.2.1. Introduction 7.2.1.1. Explosion-Proof 7.2.1.2. Safety Integrity Level (SIL) 7.2.1.3. IP and NEMA 7.2.2. Hydraulic Actuator 7.2.3. Pneumatic Actuator 7.2.4. Electric Actuator 7.2.4.1. Valve Motor Drive Actuator 7.2.4.2. Modulating Actuator 7.2.5. Mechanical Actuator 7.3. Valves 7.3.1. Control Valve 7.3.2. Overpressure Protection 7.3.3. Emergency Shut-down Valve 7.3.4. Check Valve 7.3.5. Others 8. Global Process Automation Market – By Verticals 8.1. Food and Beverage 8.2. Automotive 8.3. Petrochemical 8.4. Oil and Gas 8.5. Chemical 8.6. Pharmaceutical 8.7. Water Treatment 8.8. Packaging 8.9. Paper and Pulp 8.10. Others 9. Global Process Automation Market-Geographic Analysis 9.1. Introduction 9.2. Americas 9.2.1. North America 9.2.2. Brazil 9.2.3. Argentina 9.2.4. Mexico 9.3. Europe 9.3.1. UK 9.3.2. France 9.3.3. Germany 9.4. APAC 9.4.1. China 9.4.2. South Korea 9.4.3. Japan 9.4.4. Australia 9.5. ROW 10. Market Entropy 10.1. New Product Launches 10.2. M&As, Collaborations, JVs and Partnerships 11. Investment Opportunities – Analysis by Target companies/customers, Capital Investments, ROI, Payback Period and Source of Funds.

12. Company Profiles (Overview, Financials, SWOT Analysis, Developments, Product Portfolio) 12.1. ABB Ltd 12.2. Honeywell International Inc

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12.3. Siemens AG 12.4. Yokogawa Electric Corp 12.5. Endress+Hauser AG 12.6. Invensys Plc 12.7. Metso Corporation 12.8. Omron Corporation 12.9. Schneider Electric 12.10. Rockwell Automation 12.11. Mitsubishi Electric Corporation 12.12. Yokogawa Electric Corporation 12.13. Teledyne Technologies Inc 12.14. Yamatake Corporation 12.15. Ametek Inc 12.16. Emerson Electric Co 12.17. Danaher Corporation 12.18. Aspen Technology Inc 12.19. CMC Associates 12.20. Cameron International Corporation *More than 10 Companies are profiled in this Research Report* "*Financials would be provided on a best efforts basis for private companies" 13. Appendix 13.1. Abbreviations 13.2. Sources 13.3. Research Methodology 13.4. Bibliography 13.5. Compilation of Expert Insights 13.6. Disclaimer

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