The global process automation & instrumentation market is expected to grow from USD 59,821.57 million 2017 to USD 92,701.68 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 6.46%.

"Increasing adoption of IoT, big data and wireless networkis one of the factors largely attributing to the growth of process automation & instrumentation market globally"

The factors attributing to the growth of the market are increasing adoption of iot, big data and wireless network, paradigm shift from conventional practices to the digital transformation, need of proactive solution to determine the failure, enforcement of regulatory compliance in process industries, and rising labour wages across manufacturing hubs. However, some factors such as high initial implementation and maintenance cost, and reluctance towards traditional working approach may hinder the market growth. The global process automation & instrumentation market is expected to showcase the opportunities such as upcoming wave of industrial revolution, and growing emphasis on robust it infrastructure. In the near future, the market may face the possible challenges in the growth due to and security concerns raising due to digitization. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global process automation & instrumentation market market.

On the basis of connectivity, the global process automation & instrumentation market is studied across Wired Communication Protocol and Wireless Communication Protocol.

On the basis of product, the global process automation & instrumentation market is studied across Advanced Process Control, Distributed Control System, Human Machine Interface, Manufacturing Execution System, Programmable Logic Controller, Safety Automation, and Supervisory Control & Data Acquisition.

On the basis of type, the global process automation & instrumentation market is studied across Process Automation and Process Instrumentation.

On the basis of end user, the global process automation & instrumentation market is studied across Automotive & Transportation, Chemicals & Advanced Material, Energy & Utilities, Food & Beverage, and Pharmaceutical & Biotechnology Companies.

On the basis of geography, the global process automation & instrumentation market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).

"ABB Ltd.: The potential growing player for the global process automation & instrumentation market"

The key players profiled in the global process automation & instrumentation market are ABB Ltd., Beckhoff Automation GmbH & Co. KG, Emerson Electric Co., Honeywell International, Inc., Mitsubishi Corporation, OMRON Corporation, Rockwell Collins, Inc., Schneider Electric S.E., Siemens AG, and Yokogawa Electric Corporation.


The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global process automation & instrumentation market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global process automation & instrumentation market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global process automation & instrumentation market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global process automation & instrumentation market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global process automation & instrumentation market.