Process Automation & Instrumentation Market

Process Automation & Instrumentation Market is Driven By Increasing Regulatory
Compliance In The Processed Industries
Global Process Automation and Instrumentation Market: Overview
The process automation and instrumentation market is likely to grow at healthy pace during the
course of forecast period from 2018 till 2026. The growth in the global automation and
instrumentation market depends on growing prominence on regulatory compliance in the process
industries. The rising adoption of IoT across various industries and shift in production process
from conventional to digital is another factor stimulating growth of this market in coming years.
On the basis of instrument, Field instrument is likely to dominate the global process automation
and instrumentation market. As the instrument plays crucial role in the control of process
parameter in the process industries.
The study provides comprehensive analysis of the global process automation and instrumentation
market along with this the growth prospect of this market is also highlighted in great details. The
report also provides factors promoting and deterring growth of this market. The report also offers
competitive dynamics in the global market by factoring the weakness and strength of the key
players, key products and degree of competition among the players are also included.
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Global Process Automation and Instrumentation Market: Trends and Opportunities
The global process automation and instrumentation market is driven by increasing regulatory
compliance in the processed industries. The rising labor wages in the industrial sector is another
trend supporting growth of this market. Further, increasing demand for proactive solutions that
can determine failure at the component level, has also provided a boost to the growth of this
market in coming years.
The increase in adoption of multivendor portable application will be one of the key factor
influencing growth of this market. In addition, the increasing industrial automation rate of
adoption among several end-user industries are stimulating growth of this market in the
upcoming years. Further, the growing demand for utilities and energy is anticipated to offer
highest growth over the forecast period. The industry helps in reducing emission and is pushing
for increasing efficiency. The process automation and instrumentation offers proficient output
and input energy management and thereby promoting towards growth of this market. The evergrowing demand for energy and government initiatives to improve power reliability and to
increase inclination towards the local industries. These are some of the factors propelling growth
of this market in the upcoming years.
Global Process Automation and Instrumentation Market: Regional Outlook
Geographically, North America dominate the global process automation and instrumentation
market owing to increase in industrialization automation rate of adoption in the region, especially
in U.S. This is one of key reason behind growth of this market and this is further trailed by
Europe. Additionally, U.S. is the largest revenue contributor in the global process automation
and instrumentation market during the course of forecast period.
Global Process Automation and Instrumentation Market: Companies Mentioned
This portion of the report includes some of the key players functioning in the global process
automation and instrumentation market. Some of the players operating in the global process
automation and instrumentation market are Siemens, Mitsubishi Electric, Rockwell Automation,
Honeywell and Schneider Electric.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative
insights, historical data, and verifiable projections about market size. The projections featured in
the report have been derived using proven research methodologies and assumptions. By doing
so, the research report serves as a repository of analysis and information for every facet of the
market, including but not limited to: Regional markets, technology, types, and applications.

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