Process Automation and Instrumentation Market Research Report- Forecast till 2027

Process Automation & Instrumentation Market: By Instrument (Field Instrument, Control Valve And Analyzer), Solution (APC, DCS, HMI, MES, PLC, safety automation & SCADA), End-user (Chemicals, Energy & Power, Food & Beverages)– Forecast till 2027

ID: MRFR/SEM/4064-HCR | February, 2021 | Region : Global

Automation & Instrumentation Market Scenario:


The process automation & instrumentation market is expected to grow at a CAGR of approximately 6% during the forecast period 2017-2023. Process Automation & Instrumentation (SDP) simulates the process of human thoughts into a computerized model. This is a self-learning technology which uses the gestures, patterns recognition, data mining, and Natural Language Processing (NLP) to act like a human brain. Industries are using Process Automation & Instrumentation with big data analytics to get the better and accurate output.


Technology giants such 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.). ABB Ltd., a prominent player in process automation and instrumentation market, manufactures DCS products, solutions, and services for continuous or batch process industries, infrastructure, energy, and utilities and deliver service in collaborative control rooms. Emerson Electric Co. a key player in the process automation and instrumentation market as adopt main automation contractor (MAC), which is responsible for providing automation technologies and services for the entire project. The MAC approach made managing the overall project much easier for the employees. It simplified sourcing, avoided integration headaches, provided clear lines of communication and accountability, and enabled Emerson’s automation expertise and their project management experience, tools, and resources.


The major factors driving the growth of the process automation & instrumentation market is the increase in adoption of IoT technology across various industrial domains, growing strict regulation and compliance in process industries and to improvise production efficiency and minimize operating cost. However, aspects such as the failure rate of the instrument, the vulnerability of instrument breakage are high during critical working condition and uncertainty of breakdown.


 


Process Automation & Instrumentation Market


 Process Automation & Instrumentation


Source: MRFR Analysis


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).


Segments:


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


Regional Analysis:


The global process automation & instrumentation market is studied in Asia Pacific, North America, Europe, and Rest of the World. It has been observed that the North America region accounts for the largest share in the global Process Automation & Instrumentation market. Owing to technological advancement, a well-established industrial area and the rising investment by the U.S. government across chemical & petrochemical industry is aiding the market growth. Asia Pacific is expected to be fastest growing owing to the presence of oil refineries in some countries, but the region has experienced a low market value.


Intended Audience



  • Technology Investors

  • Research/Consultancy firms

  • Original Instrument Manufacturers

  • Associations, organizations, forums, and alliances

  • Process automation & instrumentation manufacturers

  • End users of process industries

  • Automation consultants

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Process Automation & Instrumentation Market

5 Industry Overview of Global Process Automation & Instrumentation Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Process Automation & Instrumentation Market by Instrument

7.1 Introduction

7.2 Field instrument

7.2.1 Market Estimates & Forecast, 2020 TO 2027

7.2.2 Market Estimates & Forecast by Region, 2020 TO 2027

7.3 Control valve

7.3.1 Market Estimates & Forecast, 2020 TO 2027

7.3.2 Market Estimates & Forecast by Region, 2020 TO 2027

7.4 Analyzer

7.4.1 Market Estimates & Forecast, 2020 TO 2027

7.4.2 Market Estimates & Forecast by Region, 2020 TO 2027

8. Global Process Automation & Instrumentation Market by Solutions

8.1 Introduction

8.2 APC

8.2.1 Market Estimates & Forecast, 2020 TO 2027

8.2.2 Market Estimates & Forecast by Region, 2020 TO 2027

8.3 DCS

8.3.1 Market Estimates & Forecast, 2020 TO 2027

8.3.2 Market Estimates & Forecast by Region, 2020 TO 2027

8.4 HMI

8.4.1 Market Estimates & Forecast, 2020 TO 2027

8.4.2 Market Estimates & Forecast by Region, 2020 TO 2027

8.5 MES

8.5.1 Market Estimates & Forecast, 2020 TO 2027

8.5.2 Market Estimates & Forecast by Region, 2020 TO 2027

8.6 Others

8.6.1 Market Estimates & Forecast, 2020 TO 2027

8.6.2 Market Estimates & Forecast by Region, 2020 TO 2027

9. Global Process Automation & Instrumentation Market by End-User

9.1 Introduction

9.2 Chemicals

9.2.1 Market Estimates & Forecast, 2020 TO 2027

9.2.2 Market Estimates & Forecast by Region, 2020 TO 2027

9.3 Energy & Power

9.3.1 Market Estimates & Forecast, 2020 TO 2027

9.3.2 Market Estimates & Forecast by Region, 2020 TO 2027

9.4 Food & Beverages

9.4.1 Market Estimates & Forecast, 2020 TO 2027

9.4.2 Market Estimates & Forecast by Region, 2020 TO 2027

9.5 Metals & Mining

9.5.1 Market Estimates & Forecast, 2020 TO 2027

9.5.2 Market Estimates & Forecast by Region, 2020 TO 2027

9.6 Others

9.6.1 Market Estimates & Forecast, 2020 TO 2027

9.6.2 Market Estimates & Forecast by Region, 2020 TO 2027

10. Global Process Automation & Instrumentation Market by Region

10.1 Introduction

10.2 North America

10.2.1 Market Estimates & Forecast, 2020 TO 2027

10.2.2 Market Estimates & Forecast by Instrument, 2020 TO 2027

10.2.3 Market Estimates & Forecast by Solution, 2020 TO 2027

10.2.4 Market Estimates & Forecast by End-User, 2020 TO 2027

10.2.5 U.S.A

10.2.5.1 Market Estimates & Forecast, 2020 TO 2027

10.2.5.2 Market Estimates & Forecast by Instrument, 2020 TO 2027

10.2.5.3 Market Estimates & Forecast by Solutions, 2020 TO 2027

10.2.5.4 Market Estimates & Forecast by End-User, 2020 TO 2027

10.2.6 Mexico

10.2.6.1 Market Estimates & Forecast, 2020 TO 2027

10.2.6.2 Market Estimates & Forecast by Instrument, 2020 TO 2027

10.2.6.3 Market Estimates & Forecast by Solutions, 2020 TO 2027

10.2.6.4 Market Estimates & Forecast by End-User, 2020 TO 2027

10.2.7 Canada

10.2.7.1 Market Estimates & Forecast, 2020 TO 2027

10.2.7.2Market Estimates & Forecast by Instrument, 2020 TO 2027

10.2.7.3 Market Estimates & Forecast by Solutions, 2020 TO 2027

10.2.7.4 Market Estimates & Forecast by End-User, 2020 TO 2027

10.3 Europe

10.3.1 Market Estimates & Forecast, 2020 TO 2027

10.3.2 Market Estimates & Forecast by Instrument, 2020 TO 2027

10.3.3 Market Estimates & Forecast by Solutions, 2020 TO 2027

10.3.4 Market Estimates & Forecast by End-User, 2020 TO 2027

10.3.5 Germany

10.3.5.1 Market Estimates & Forecast, 2020 TO 2027

10.3.5.2 Market Estimates & Forecast by Instrument, 2020 TO 2027

10.3.5.3 Market Estimates & Forecast by Solutions, 2020 TO 2027

10.3.5.4 Market Estimates & Forecast by End-User, 2020 TO 2027

10.3.6. France

10.3.6.1 Market Estimates & Forecast, 2020 TO 2027

10.3.6.2 Market Estimates & Forecast by Instrument, 2020 TO 2027

10.3.6.3 Market Estimates & Forecast by Solutions, 2020 TO 2027

10.3.6.4 Market Estimates & Forecast by End-User, 2020 TO 2027

10.3.7 Italy

10.3.7.1 Market Estimates & Forecast, 2020 TO 2027

10.3.7.2 Market Estimates & Forecast by Instrument, 2020 TO 2027

10.3.7.3 Market Estimates & Forecast by Solutions, 2020 TO 2027

10.3.7.4 Market Estimates & Forecast by End-User, 2020 TO 2027

10.3.8 Spain

10.3.8.1 Market Estimates & Forecast, 2020 TO 2027

10.3.8.2 Market Estimates & Forecast by Instrument, 2020 TO 2027

10.3.8.3 Market Estimates & Forecast by Solutions, 2020 TO 2027

10.3.8.4 Market Estimates & Forecast by End-User, 2020 TO 2027

10.3.9 U.K

10.3.9.1 Market Estimates & Forecast, 2020 TO 2027

10.3.9.2 Market Estimates & Forecast by Instrument, 2020 TO 2027

10.3.9.3 Market Estimates & Forecast by Solutions, 2020 TO 2027

10.3.9.4 Market Estimates & Forecast by End-User, 2020 TO 2027

10.4 Asia Pacific

10.4.1 Market Estimates & Forecast, 2020 TO 2027

10.4.2 Market Estimates & Forecast by Instrument, 2020 TO 2027

10.4.3 Market Estimates & Forecast by Solutions, 2020 TO 2027

10.4.4 Market Estimates & Forecast by End-User, 2020 TO 2027

10.4.5 China

10.4.5.1 Market Estimates & Forecast, 2020 TO 2027

10.4.5.2 Market Estimates & Forecast by Instrument, 2020 TO 2027

10.4.5.3 Market Estimates & Forecast by Solutions, 2020 TO 2027

10.4.5.4 Market Estimates & Forecast by End-User, 2020 TO 2027

10.4.6 India

10.4.6.1 Market Estimates & Forecast, 2020 TO 2027

10.4.6.2 Market Estimates & Forecast by Instrument, 2020 TO 2027

10.4.6.3 Market Estimates & Forecast by Solutions, 2020 TO 2027

10.4.6.4 Market Estimates & Forecast by End-User, 2020 TO 2027

10.4.7 Japan

10.4.7.1 Market Estimates & Forecast, 2020 TO 2027

10.4.7.2 Market Estimates & Forecast by Instrument, 2020 TO 2027

10.4.7.3 Market Estimates & Forecast by Solutions, 2020 TO 2027

10.4.7.4 Market Estimates & Forecast by End-User, 2020 TO 2027

10.4.8 Rest of Asia Pacific

10.4.8.1 Market Estimates & Forecast, 2020 TO 2027

10.4.8.2 Market Estimates & Forecast by Instrument, 2020 TO 2027

10.4.8.3 Market Estimates & Forecast by Solutions, 2020 TO 2027

10.4.8.4 Market Estimates & Forecast by End-User, 2020 TO 2027

10.5 Rest of the World

10.5.1 Market Estimates & Forecast, 2020 TO 2027

10.5.2 Market Estimates & Forecast by Instrument, 2020 TO 2027

10.5.3 Market Estimates & Forecast by Solutions, 2020 TO 2027

10.5.4 Market Estimates & Forecast by End-User, 2020 TO 2027

10.6 The Middle East & Africa

10.6.1 Market Estimates & Forecast, 2020 TO 2027

10.6.2 Market Estimates & Forecast by Instrument, 2020 TO 2027

10.6.3 Market Estimates & Forecast by Solutions, 2020 TO 2027

10.6.4 Market Estimates & Forecast by End-User, 2020 TO 2027

10.7 Latin America

10.7.1 Market Estimates & Forecast, 2020 TO 2027

10.7.2 Market Estimates & Forecast by Instrument, 2020 TO 2027

10.7.3 Market Estimates & Forecast by Solutions, 2020 TO 2027

10.7.4 Market Estimates & Forecast by End-User, 2020 TO 2027

11. Company Profiles

11.1 ABB Ltd. (Switzerland)

11.1.1 Company Overview

11.1.2 Instrument/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.2 Emerson Electric Co. (U.S.)

11.2.1 Company Overview

11.2.2 Instrument/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 General Electric Co. (U.S.)

11.3.1 Company Overview

11.3.2 Instrument/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.4 Honeywell International, Inc. (U.S.)

11.4.1 Company Overview

11.4.2 Instrument/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.5 Mitsubishi Electric Corporation (Japan)

11.5.1 Company Overview

11.5.2 Instrument/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.6 Rockwell Automation, Inc. (U.S.)

11.6.1 Company Overview

11.6.2 Instrument/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.7 Schneider Electric SE (France)

11.7.1 Company Overview

11.7.2 Instrument/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.8 Siemens AG (Germany)

11.8.1 Company Overview

11.8.2 Instrument/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.9 Yokogawa Electric Corporation (Japan)

11.9.1 Company Overview

11.9.2 Instrument/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments

11.10 Metso Corporation (Finland)

11.10.1 Company Overview

11.10.2 Instrument/Business Segment Overview

11.10.3 Financial Updates

11.10.4 Key Developments

LIST OF TABLES

Table 1 Global Process Automation & Instrumentation Market: By Region, 2020 TO 2027

Table 2 North America Process Automation & Instrumentation Market: By Country, 2020 TO 2027

Table 3 Europe Process Automation & Instrumentation Market: By Country, 2020 TO 2027

Table 4 Asia Pacific Process Automation & Instrumentation Market: By Country, 2020 TO 2027

Table 5 Rest of the World Process Automation & Instrumentation Market: By Country, 2020 TO 2027

Table 6 Latin America Process Automation & Instrumentation Market: By Country, 2020 TO 2027

Table 7 Global Process Automation & Instrumentation by Instrument Market: By Regions, 2020 TO 2027

Table 8 North America Process Automation & Instrumentation by Instrument Market: By Country, 2020 TO 2027

Table 9 Europe Process Automation & Instrumentation by Instrument Market: By Country, 2020 TO 2027

Table 10 Asia Pacific Process Automation & Instrumentation by Instrument Market: By Country, 2020 TO 2027

Table11 The The Middle East & Africa Process Automation & Instrumentation by Instrument Market: By Country, 2020 TO 2027

Table12 Latin America Process Automation & Instrumentation by Instrument Market: By Country, 2020 TO 2027

Table13 Global Process Automation & Instrumentation by Instrument Market: By Regions, 2020 TO 2027

Table14 North America Process Automation & Instrumentation by Instrument Market: By Country, 2020 TO 2027

Table15 Europe Process Automation & Instrumentation by Instrument Market: By Country, 2020 TO 2027

Table16 Asia Pacific Process Automation & Instrumentation by Instrument Market: By Country, 2020 TO 2027

Table17 Rest of the World Process Automation & Instrumentation by Instrument Market: By Country, 2020 TO 2027

Table18 Latin America Process Automation & Instrumentation by Instrument Market: By Country, 2020 TO 2027

Table 19 North America Process Automation & Instrumentation by Instrument Market: By Country, 2020 TO 2027

Table20 Europe Process Automation & Instrumentation for Instrument Market: By Country, 2020 TO 2027

Table21 Asia Pacific Process Automation & Instrumentation for Instrument Market: By Country, 2020 TO 2027

Table22 Rest of the World Process Automation & Instrumentation for Instrument Market: By Country, 2020 TO 2027

Table23 Latin America Process Automation & Instrumentation for Instrument Market: By Country, 2020 TO 2027

Table24 Global Instrument Market: By Region, 2020 TO 2027

Table25 Global Constructive Method Market: By Region, 2020 TO 2027

Table26 Global Instrument : By Region, 2020 TO 2027

Table27 North America Process Automation & Instrumentation Market, By Country

Table28 North America Process Automation & Instrumentation Market, By Instrument

Table 29 North America Process Automation & Instrumentation Market, By Instrument

Table30 Europe: Process Automation & Instrumentation Market, By Country

Table31 Europe: Process Automation & Instrumentation Market, By Instrument

Table32 Europe: Process Automation & Instrumentation Market, By Instrument

Table33 Asia Pacific: Process Automation & Instrumentation Market, By Country

Table34 Asia Pacific: Process Automation & Instrumentation Market, By Instrument

Table35 Asia Pacific: Process Automation & Instrumentation Market, By Instrument

Table36 Rest of the World : Process Automation & Instrumentation Market, By Country

Table37 Rest of the World :Process Automation & Instrumentation Market, By Instrument

Table38 Rest of the World :Process Automation & Instrumentation Market, By Instrument

Table 39 Latin America: Process Automation & Instrumentation Market, By Country

Table 40 Latin America : Process Automation & Instrumentation Market, By Instrument

Table 41 Latin America : Process Automation & Instrumentation Market, By Instrument

LIST OF FIGURES

FIGURE 1 Global Process Automation & Instrumentation Market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global Process Automation & Instrumentation Market

FIGURE 4 Value Chain of Global Process Automation & Instrumentation Market

FIGURE 5 Share of Global Process Automation & Instrumentation Market in 2020, by country (in %)

FIGURE 6 Global Process Automation & Instrumentation Market, 2020 TO 2027,

FIGURE 7 Sub segments of Instrument

FIGURE 8 Global Process Automation & Instrumentation Market size by Instrument, 2020

FIGURE 9 Share of Global Process Automation & Instrumentation Market by Instrument, 2020 TO 2027

FIGURE 10 Global Process Automation & Instrumentation Market size by Price Analysis, 2020

FIGURE 11 Share of Global Process Automation & Instrumentation Market by Price Analysis, 2020 TO 2027

Process Automation Instrumentation Market