Process Automation And Instrumentation Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Process Type (Automation, Instrumentation), By Products (Control Valves, Transmitters, Analyzers), By Solution (Programmable Logic Controller, Distributed Control System, Supervisory Control And Data Acquisition, Manufacturing Execution System, Others), By End-User Industry (Oil And Gas, Water And Wastewater, Power, Chemical, Food And Beverage, Pharmaceuticals, Others), And By Geography - Forecasts From 2020 To 2025

Published:  May 2021 Report Code: KSI061610257 Pages: 128

The process automation and instrumentation market is projected to expand at a CAGR of 4.20% to grow to US$134.943 billion by 2025, from US$105.4443 billion in 2019. 

The growing adoption of automation across various end-use industries due to rising production costs and stringent regulations regarding workers’ safety in the hazardous working environment is one of the major drivers of the global process automation and instrumentation market. The rising need for energy-efficient processes to minimize material wastage is further driving the demand for these solutions. The growing need for software solutions for detection and reduction of failures along with technological advancement will bolster the global process automation and instrumentation market growth over the next five years.  

By Process Type

Process Automation and Instrumentation market are segmented by process type into 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 locations, the need to eliminate human errors and manufacturing cycle time, and manufacture products in a clean and hygienic environment will propel the growth of the process automation market globally.

By End-User Industry

Process Automation and Instrumentation market are segmented by the end-user 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.    

By Geography

Geographically, the Americas held the largest market size in 2016 and will remain at its position till 2022 owing to the rising investments in the chemical and petrochemical industry in the region. Major players such as Dow, Exxon, the joint venture of Chevron, and The 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 the growth of end-use industries such as food and beverage, oil and gas, pharmaceuticals, and packaging in the region. Rapid industrialization and expanding urbanization is pushing manufacturers to implement automation solutions on a larger 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 are highly competitive due to the installation of automation processes 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's 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.      

Process Automation And Instrumentation Market Scope:

Report Metric Details
 Market size value in 2019  US$105.4443 billion
 Market size value in 2025  US$134.943 billion
 Growth Rate  CAGR of 4.20% from 2019 to 2025
 Base year  2019
 Forecast period  2020–2025
 Forecast Unit (Value)  USD Billion
 Segments covered  Process Type, Product, Solutions, End-User Industry, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered ABB, Honeywell International, Mitsubishi Electric Corporation, Siemens AG, Endress+Hauser AG, Pepperl+Fuchs GmbH, HollySys Automation Technologies, Rockwell Automation, Emerson Electric Company, Schneider Electric, Yokogawa Electric Corporation, Omron, General Electric, Texas Instruments
 Customization scope  Free report customization with purchase

Segmentation

In this report, the Process Automation and Instrumentation market are segmented by process type, by product, by solutions, by end-user industry, and by geography:

By Process Type

  • Automation

  • Instrumentation

By Product

  • Control Valves

  • Transmitters

  • Analyzers

By Solutions

  • 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

    • U.S.

    • Canada

    • Mexico

    • Others

  • South America

    • Brazil

    • Argentina

    • Others

  • Europe

    • UK

    • Germany

    • France

    • Others

  • Middle East and Africa

    • Saudi Arabia

    • Israel

    • Others

  • Asia Pacific

    • Japan

    • China

    • India

    • Australia

    • Others


Frequently Asked Questions (FAQs)

Q1. What will be the process automation and instrumentation market size by 2025?
A1. The process automation and instrumentation market is projected to reach a total market size of US$134.943 billion by 2025.
 
Q2. What are the growth prospects for process automation and instrumentation market?
A2. The global process automation and instrumentation market is projected to expand at a CAGR of 4.20% during the forecast period.
 
Q3. What is the size of global process automation and instrumentation market?
A3. Process Automation and Instrumentation market was valued at US$105.4443 billion in 2019.
 
Q4. What factors are anticipated to drive the process automation and instrumentation market growth?
A4. Growing adoption of automation across various end-use industries due to rising production costs and stringent regulations regarding workers’ safety in the hazardous working environment is one of the major drivers of the global process automation and instrumentation market.
 
Q5. How is the global process automation and instrumentation market segmented?
A5. Process Automation and Instrumentation market is segmented by process type, product, solutions, end-user industry, and geography.

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) 

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

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

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 Analysis

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

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

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

ABB

Honeywell International

Mitsubishi Electric Corporation

Siemens AG

 Endress+Hauser AG

Pepperl+Fuchs GmbH

HollySys Automation Technologies

Rockwell Automation

Emerson Electric Company 

Schneider Electric

Yokogawa Electric Corporation

Omron

General Electric

Texas Instruments

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