Report Id: SEPIM1218
Process Instrumentation Market Size, By Application (Agriculture & Livestock, Water & Waste Water, Mining & Metals, Power Generation, Oil & Gas, Petrochemical, Others), By Technology (Programmable Logic Controller, Distributed Control System, Supervisory Control and Data Acquisition, Manufacturing Execution System), By Region Analysis - Global Forecast 2022-2027
The Global process Instrumentation market is expected to reach US$ 21.84 Billion by 2027, at a CAGR of 3%.
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Major Players
- Siemens AG
- ABB ltd
- Emerson Process Management
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
3
REPORT DESCRIPTION
The Global process Instrumentation market is expected to reach US$ 21.84 Billion by 2027, at a CAGR of 3%.
Recording, positioning, measuring and controlling are the major parameters essential for smooth functioning of a manufacturing unit. Hence, top priorities for process instruments are achieving great levels of absolute reliability, accuracy and precision. Technological innovations and increasing demands for process control systems. Moreover, cost efficiency, reduction in engineering time, asset utilization and energy efficiency are some of the major factors driving the growth of the global process instrumentation market.
Global Process Instrumentation market is segregated on the basis of application as agriculture & livestock, water & waste water, mining & metals, power generation, oil & gas, petrochemical, and others. Based on technology, the global Process Instrumentation market is segmented in programmable logic controller, distributed control system, supervisory control and data acquisition.
Global Process Instrumentation market report provides geographic analysis covering regions such as North America, Europe, Asia Pacific, and Rest of World. The Process Instrumentation market for each region is further segmented for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.
Competitive Rivalry
Siemens AG, ABB ltd, Emerson Process Management are among the major players in the global Process Instrumentation market share. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Process Instrumentation Market has been segmented as below:
Process Instrumentation Market, by Application
- Agriculture & Livestock
- Water & Waste Water
- Mining & Metals
- Power Generation
- Oil & Gas
- Petrochemical
- Others
Process Instrumentation Market, by Technology
- Programmable Logic Controller
- Distributed Control System
- Supervisory control & Data Acquisition
- Manufacturing Execution ssytem
Process Instrumentation Market, By Region
- North America
- Europe
- Asia Pacific
- Rest of World
The report covers:
- Global Process Instrumentation market sizes from 2016 to 2025, along with CAGR for 2019-2025.
- Market size comparison for 2017 vs 2025, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2025
- Global Process Instrumentation market trends, covering comprehensive range of consumer trends & manufacturer trends
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the Process Instrumentation market
- Major market opportunities and challenges in forecast timeframe to be focused
- Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
- Comprehensive company profiles of the key industry players
Report scope:
Global Process Instrumentation market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Process Instrumentation market share. Major industry players with significant revenue share include ABB Ltd., Siemens AG, yokogawa etc.
Reasons to Buy this Report:
- Gain detailed insights on the Process Instrumentation industry trends
- Find complete analysis on the market status
- Identify the Process Instrumentation market opportunities and growth segments
- Analyse competitive dynamics by evaluating business segments & product portfolios
- Facilitate strategy planning and industry dynamics to enhance decision making
Customization:
Customized report as per the requirement can be offered with appropriate recommendations
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.2.1. Increasing in labour cost
4.2.2. Growing demand from process industry
4.3. Restraints
4.3.1. High stagnant growth in developed markets
5. Process Instrumentation Market, By Application
5.1. Key Points
5.2. Agriculture & Livestock
5.3. Water & Waste Water
5.4. Mining & Metals
5.5. Power Generation
5.6. Oil & Gas
5.7. Petrochemical
5.8. Others
6. Process Instrumentation Market, By Technology
6.1. Key Points
6.2. Programmable Logic Controller
6.3. Distributed Control system
6.4. Supervisory Control & Data Acquisition
6.5. Manufacturing Execution System
7. Competitive Landscape
7.1. Introduction
7.2. Recent Developments
7.2.1. Mergers &Acquisitions
7.2.2. New Product Developments
7.2.3. Portfolio/Production Capacity Expansions
7.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
7.2.5. Others
8. Company Profile
8.1. ABB Ltd.
8.1.1. Company Overview
8.1.2. Product/Service Landscape
8.1.3. Financial Overview
8.1.4. Recent Developments
8.2. Siemens AG
8.2.1. Company Overview
8.2.2. Product/Service Landscape
8.2.3. Financial Overview
8.2.4. Recent Developments
8.3. Yokogawa
8.3.1. Company Overview
8.3.2. Product/Service Landscape
8.3.3. Financial Overview
8.3.4. Recent Developments
8.4. Honeywell
8.4.1. Company Overview
8.4.2. Product/Service Landscape
8.4.3. Financial Overview
8.4.4. Recent Developments
8.5. Duon System
8.5.1. Company Overview
8.5.2. Product/Service Landscape
8.5.3. Financial Overview
8.5.4. Recent Developments
8.6. GE Measurement Control
8.6.1. Company Overview
8.6.2. Product/Service Landscape
8.6.3. Financial Overview
8.6.4. Recent Developments
8.7. Rotronic AG
8.7.1. Company Overview
8.7.2. Product/Service Landscape
8.7.3. Financial Overview
8.7.4. Recent Developments
The Process Instrumentation Market has been segmented as below:
Process Instrumentation Market, by Application
- Agriculture & Livestock
- Water & Waste Water
- Mining & Metals
- Power Generation
- Oil & Gas
- Petrochemical
- Others
Process Instrumentation Market, by Technology
- Programmable Logic Controller
- Distributed Control System
- Supervisory control & Data Acquisition
- Manufacturing Execution ssytem
Process Instrumentation Market, By Region
- North America
- Europe
- Asia Pacific
- Rest of World
Got a question? We've got answers. If you have some other questions, see our support center.
What is the predicted growth rate of process Instrumentation market?
The market is expected to grow at a CAGR of 3% during the study period (2022-2027)
How big is the process Instrumentation market value?
The Global process Instrumentation market is expected to reach US$ 21.84 Billion by 2027
What is the segment’s covered for the process Instrumentation market?
The segment included in process Instrumentation market is Application, Technology and region.
Who are the major key vendors in the process Instrumentation market?
Some key players operating in the process Instrumentation market include Siemens AG, ABB ltd, Emerson Process Management
What are the different forms of the report available?
We can offer several formats of the market research reports including,
• PDF
• PPT
• Spreadsheet/ Workbook
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