Process Automation and Instrumentation Market Size:
The process automation and instrumentation market is projected to grow at a CAGR of 4.71% from US$61.56 billion in 2025 to US$77.58 billion in 2030.
The growing adoption of automation across various end-use industries, driven by rising production costs and stringent regulations on worker safety in hazardous environments, is a key driver of the global process automation and instrumentation market. The demand for energy-efficient processes to reduce material waste further boosts the need for these solutions. Advancements in software for failure detection and reduction, coupled with ongoing technological innovation, are expected to drive market growth through 2030.
Process Automation and Instrumentation Market Segmentation Analysis:
The process automation and instrumentation market is segmented into automation and instrumentation. Automation solutions are projected to grow at a higher CAGR through 2030, fueled by their adoption in industries such as food and beverage, pharmaceuticals, packaging, and pulp and paper. Concerns over worker safety in hazardous locations, the need to minimize human error and manufacturing cycle times, and the demand for hygienic production environments are key growth factors.
The market segments by end-user industry include oil and gas, water and wastewater, power, chemical, food and beverage, pharmaceuticals, and others. In 2024, the oil and gas sector held significant market share and is expected to maintain the momentum through 2030, driven by global demand and advancements in drilling and exploration technologies. However, volatility in oil prices, with falling Brent crude price remains a key challenge.
Process Automation and Instrumentation Market Key Developments:
- In May 2022, UiPath, a provider of robotic process automation (RPA) software, and airSlate, a workflow automation startup, are collaborating to assist small companies in digitally changing their organizations using RPA. According to the companies, they hope to broaden the variety of small businesses for them to become completely automated.
- In April 2022, UiPath, a major corporate automation software provider, announced a collaboration with NCS to offer enterprise-grade automation capabilities. The collaboration aims to assist NCS in its journey to become Asia Pacific's major technology services firm through an automation-first system that promotes delivery.
- In August 2021, Robocorp, a process automation company, announced new programs to help partners deliver automation to businesses in a variety of industries and throughout the world. The expanded program includes the establishment of Partner Central, a collection of materials to assist Robocorp partners in their marketing, building, and sales activities, as well as chances for partners to participate in the future development and extension of Robocorp products.
Process Automation and Instrumentation Market Product Offerings:
- Mitsubishi Electric Corporation offers industrial robots such as the MELFA Smart Plus, which is ideal for a wide range of applications, from large-volume manufacturing of foodstuffs and medicines that requires quick operation to assembling components that require high degrees of precision. It is built to endure environmental conditions and is simple to install.
- Omron provides the R88M-1A / R88D-1SAN-ECT, which has a power range of 200W to 3kW and a high encoder resolution of 20 bits, as well as a battery-free precise multi-turn encoder. The 1S servo driver with motion safety capability protects machine operators from deadly accidents and allows for reduced machine downtime.
Process Automation and Instrumentation Market Scope:
| Report Metric |
Details |
| Study Period |
2021 to 2031 |
| Historical Data |
2021 to 2024 |
| Base Year |
2025 |
| Forecast Period |
2026 – 2031 |
| Report Metric |
Details |
| Process Automation and Instrumentation Market Size in 2025 |
US$61.56 billion |
| Process Automation and Instrumentation Market Size in 2030 |
US$77.58 billion |
| Growth Rate |
CAGR of 4.71% |
| Study Period |
2020 to 2030 |
| Historical Data |
2020 to 2023 |
| Base Year |
2024 |
| Forecast Period |
2025 – 2030 |
| Forecast Unit (Value) |
USD Billion |
| Segmentation |
- Process Type
- Product
- Solution
- End-User Industry
- Geography
|
| Geographical Segmentation |
North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in Process Automation and Instrumentation Market |
|
| Customization Scope |
Free report customization with purchase |
The process automation and instrumentation market is analyzed into the following segments:
- By Process Type
- Automation
- Instrumentation
- By Product
- Control Valves
- Transmitters
- Analyzers
- By Solution
- Programmable Logic Controller (PLC)
- Distributed Control System (DCS)
- Supervisory Control and Data Acquisition (SCADA)
- Manufacturing Execution System (MES)
- Others
- By End-User Industry
- Oil and Gas
- Water and Wastewater
- Power
- Chemical
- Food and Beverage
- Pharmaceuticals
- Others
- By Geography
- North America
- South America
- Europe
- Germany
- France
- United Kingdom
- Spain
- Others
- Middle East and Africa
- Asia Pacific
- China
- Japan
- South Korea
- India
- Indonesia
- Thailand
- Taiwan
- Others