Process Automation and Instrumentation Market – Forecasts from 2017 to 2022
DESCRIPTION Process Automation and Instrumentation market is projected to witness the growth at a CAGR of 5.27% to reach the total market size of US$128.769 billion by 2022, from US$99.611 billion in 2017. Growing adoption of automation across various end-use industries due to rising production costs and stringent regulations regarding workers’ safety in hazardous working environment is one of the major drivers of global process automation and instrumentation market. Rising need for energy-efficient processes to minimize the material wastage is further driving the demand for these solutions. Growing need for software for detection and reduction of failures along with the advancement in technologies will bolster the growth of global process automation and instrumentation market in the coming years. By Process Type Process Automation and Instrumentation market is segmented by process type as automation and instrumentation. The market for process automation solutions will grow at a higher CAGR during the forecast period due to the adoption of automation processes
among various end-use industries
such as
food
and beverage,
pharmaceuticals, packaging, and pulp and paper among others. Growing concern over workers’ safety in hazardous working environment, need to eliminate human errors and manufacturing cycle time, and manufacture products in clean and hygienic environment will propel the growth of process automation market globally. By End-User Industry Process Automation and Instrumentation market is segmented by end-use industry as oil and gas, water and wastewater, power, chemical, food and beverage, pharmaceuticals, and others. The oil and gas sector accounted for the largest market share in 2016, and is projected to continue its dominance throughout the forecast period. Rising demand for oil and gas worldwide coupled with technological advances in drilling and exploring activities will drive the demand for process automation and instrumentation solutions in this hazardous working environment industry. However, declining world oil prices could negatively impact the market growth rate in the near future. Process Automation and Instrumentation Market – Forecasts from 2017 to 2022
By Geography Geographically, Americas held the largest market size in 2016 and will remain at its position till 2022 owing to the rising investments in chemical and petrochemical industry in the region. Major players such as Dow, Exxon, the joint venture of Chevron and Phillips 66 have built large crackers along the U.S. Gulf of Mexico coast that will get started in 2017 and 2018. APAC will witness the fastest regional market growth during the forecast period. This growth is majorly attributed to growing end-use industries such as food and beverage, oil and gas, pharmaceuticals, and packaging in the region. Rapid industrialization and expanding urbanization is forcing manufacturers to implement automation techniques on a large scale. Competitive Insights Prominent key market players in Process Automation and Instrumentation market include ABB, Siemens, Mitsubishi Electric Corporation, Honeywell International, Schneider Electric, General Electric, Rockwell Automation, Texas Instruments, and others. The process automation and instrumentation market is highly competitive owing to the installation of automation process across various end-use industries. Regional vendors are trying to maintain competitiveness in the market by providing free access to aftersales services for a year post installation and commissioning. Increasing investment in R&D, new product developments, and M&A by key market players will further enhance the industry competitiveness in the near future. Recently in 2017, ABB acquired Bernecker & Rainer, the Australian industrial automation company, to expand its product portfolio while challenging its rival company Siemens on the factory floor. Segmentation In this report, Process Automation and Instrumentation market is segmented by process type, by product, by solutions, by end-user industry, and by geography:  By Process Type o Automation o Instrumentation Process Automation and Instrumentation Market – Forecasts from 2017 to 2022
By Product o Control Valves o Transmitters o Analyzers By Solution o Programmable Logic Controller (PLC) o Distributed Control System (DCS) o Supervisory Control and Data Acquisition (SCADA) o Manufacturing Execution System (MES) o Others By End-User Industry o Oil and Gas o Water and Wastewater o Power o Chemical o Food and Beverage o Pharmaceuticals o Others By Geography o Americas North America
U.S.
Canada
Mexico
Others
South America Process Automation and Instrumentation Market – Forecasts from 2017 to 2022
Brazil
Argentina
Others
o Europe Middle East and Africa Europe UK Germany France Others MEA Saudi Arabia Israel Others o Asia Pacific Japan China India Australia Others Key questions answered by the report What will be the Process Automation and Instrumentation market size from 2017 to 2022? How are the major drivers and restraints affecting the Process Automation and Instrumentation market growth and the opportunities which exist for key vendors? Which segment and region will drive or lead the market growth and why?
Process Automation and Instrumentation Market – Forecasts from 2017 to 2022
A comprehensive analysis of competitive landscape and key market participants’ behavior Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Process Automation and Instrumentation Market – Forecasts from 2017 to 2022
TABLE OF CONTENTS 1. Introduction 2. Research Methodology 3. Executive Summary 4. Market Dynamics 4.1. Market Overview and Segmentation 4.2. Drivers 4.3. Restraints 4.4. Opportunities 4.5. Supplier Outlook 4.6. Industry Outlook 4.7. Porter’s Five Forces Analysis 4.8. Industry Value Chain Analysis 4.9. Industry Regulations 4.10. Scenario Analysis 5. Process Automation and Instrumentation Market Forecast by Process Type (US$ Billion) 5.1. Automation 5.1.1. Market Size and Forecast to 2022 5.2. Instrumentation 5.2.1. Market Size and Forecast to 2022 6. Process Automation and Instrumentation Market Forecast by Product (US$ Billion) 6.1. Control Valves 6.1.1. Market Size and Forecast to 2022 6.2. Transmitters 6.2.1. Market Size and Forecast to 2022 6.3. Analyzers 6.3.1. Market Size and Forecast to 2022 7. Process Automation and Instrumentation Market Forecast by Solution (US$ Billion) 7.1. Programmable Logic Controller (PLC) 7.1.1. Market Size and Forecast to 2022 7.2. Distributed Control System (DCS) Process Automation and Instrumentation Market – Forecasts from 2017 to 2022
7.2.1. Market Size and Forecast to 2022 7.3. Supervisory Control and Data Acquisition (SCADA) 7.3.1. Market Size and Forecast to 2022 7.4. Manufacturing Execution System (MES) 7.4.1. Market Size and Forecast to 2022 7.5. Others 7.5.1. Market Size and Forecast to 2022 8. Process Automation and Instrumentation Market Forecast by End-User Industry (US$ Billion) 8.1. Oil and Gas 8.1.1. Market Size and Forecast to 2022 8.2. Water and Wastewater 8.2.1. Market Size and Forecast to 2022 8.3. Power 8.3.1. Market Size and Forecast to 2022 8.4. Chemical 8.4.1. Market Size and Forecast to 2022 8.5. Food and Beverage 8.5.1. Market Size and Forecast to 2022 8.6. Pharmaceuticals 8.6.1. Market Size and Forecast to 2022 8.7. Others 8.7.1. Market Size and Forecast to 2022 9. Process Automation and Instrumentation Market Forecast by Geography (US$ Billion) 9.1. Americas 9.1.1. North America 9.1.1.1. U.S. 9.1.1.1.1. Market Size and Forecast to 2022 9.1.1.2. Canada 9.1.1.2.1. Market Size and Forecast to 2022 9.1.1.3. Mexico 9.1.1.3.1. Market Size and Forecast to 2022 9.1.1.4. Others Process Automation and Instrumentation Market – Forecasts from 2017 to 2022
9.1.1.4.1. Market Size and Forecast to 2022 9.1.2. South America 9.1.2.1. Brazil 9.1.2.1.1. Market Size and Forecast to 2022 9.1.2.2. Argentina 9.1.2.2.1. Market Size and Forecast to 2022 9.1.2.3. Others 9.1.2.3.1. Market Size and Forecast to 2022 9.2. Europe Middle East and Africa 9.2.1. Europe 9.2.1.1. UK 9.2.1.1.1. Market Size and Forecast to 2022 9.2.1.2. Germany 9.2.1.2.1. Market Size and Forecast to 2022 9.2.1.3. France 9.2.1.3.1. Market Size and Forecast to 2022 9.2.1.4. Others 9.2.1.4.1. Market Size and Forecast to 2022 9.2.2. Middle East and Africa 9.2.2.1. Saudi Arabia 9.2.2.1.1. Market Size and Forecast to 2022 9.2.2.2. Israel 9.2.2.2.1. Market Size and Forecast to 2022 9.2.2.3. Others 9.2.2.3.1. Market Size and Forecast to 2022 9.3. Asia Pacific 9.3.1. Japan 9.3.1.1. Market Size and Forecast to 2022 9.3.2. China 9.3.2.1. Market Size and Forecast to 2022 9.3.3. India 9.3.3.1. Market Size and Forecast to 2022 9.3.4. Australia Process Automation and Instrumentation Market – Forecasts from 2017 to 2022
9.3.4.1. Market Size and Forecast to 2022 9.3.5. Others 9.3.5.1. Market Size and Forecast to 2022 10. Competitive Intelligence 10.1.1. Market Share of Key Players 10.1.2. Investment Analysis 10.1.3. Recent Deals 10.1.4. Strategies of Key Players 11. Company Profiles 11.1. ABB 11.1.1. Overview 11.1.2. Financials 11.1.3. Products and Services 11.1.4. Recent Developments 11.2. Honeywell International 11.2.1. Overview 11.2.2. Financials 11.2.3. Products and Services 11.2.4. Recent Developments 11.3. Mitsubishi Electric Corporation 11.3.1. Overview 11.3.2. Financials 11.3.3. Products and Services 11.3.4. Recent Developments 11.4. Siemens AG 11.4.1. Overview 11.4.2. Financials 11.4.3. Products and Services 11.4.4. Recent Developments 11.5. Endress+Hauser AG 11.5.1. Overview 11.5.2. Financials 11.5.3. Products and Services Process Automation and Instrumentation Market – Forecasts from 2017 to 2022
11.5.4. Recent Developments 11.6. Pepperl+Fuchs GmbH 11.6.1. Overview 11.6.2. Financials 11.6.3. Products and Services 11.6.4. Recent Developments 11.7. HollySys Automation Technologies 11.7.1. Overview 11.7.2. Financials 11.7.3. Products and Services 11.7.4. Recent Developments 11.8. Rockwell Automation 11.8.1. Overview 11.8.2. Financials 11.8.3. Products and Services 11.8.4. Recent Developments 11.9. Emerson Electric Company 11.9.1. Overview 11.9.2. Financials 11.9.3. Products and Services 11.9.4. Recent Developments 11.10. Schneider Electric 11.10.1. Overview 11.10.2. Financials 11.10.3. Products and Services 11.10.4. Recent Developments 11.11. Yokogawa Electric Corporation 11.11.1. Overview 11.11.2. Financials 11.11.3. Products and Services 11.11.4. Recent Developments 11.12. Omron 11.12.1. Overview Process Automation and Instrumentation Market – Forecasts from 2017 to 2022
11.12.2. Financials 11.12.3. Products and Services 11.12.4. Recent Developments 11.13. General Electric 11.13.1. Overview 11.13.2. Financials 11.13.3. Products and Services 11.13.4. Recent Developments 11.14. Texas Instruments 11.14.1. Overview 11.14.2. Financials 11.14.3. Products and Services 11.14.4. Recent Developments List of Tables List of Figures
Process Automation and Instrumentation Market – Forecasts from 2017 to 2022
TO ORDER OR REQUEST FOR A SAMPLE: Product: Process Automation and Instrumentation Market – Forecasts from 2017 to 2022 Link:https://www.knowledge-sourcing.com/products/process-automation-andinstrumentation-market-forecasts-from-2017-to-2022 SKU: KSI0615170 Price: US$3,200 – Single User License US$5,200 – Multi User License US$6,200 – Enterprise License Payment: To pay by Credit Card, please, click “Add to Cart” button on product page and proceed with the payment For wire transfer, write to us at sales@knowledge-sourcing.com
For any custom requirements or queries, please visit our website or call us: Website: www.knowledge-sourcing.com Phone: +1-866-714-4587
Process Automation and Instrumentation Market – Forecasts from 2017 to 2022