Process Automation and Instrumentation Market Overview with Detailed Analysis, Competitive landscape Forecast to 2026

Process Automation and Instrumentation market is expected to grow from $60.12 billion in 2017 to reach $105.94 billion by 2026 with a CAGR of 6.5%. Increased adoption of process automation and instrumentation products across industries, rising oil and refineries industry, shifting production approach from conventional practices to digitalized methods, adoption of multivendor portable applications, growing regulatory compliances in process industries, increased usage and application of MES, PLC, SCADA, and DCS, in process industries, rising adoption of IoT across industries and increasing labor wages in major manufacturing hubs are some of the major factors boosting the market growth. On the other hand, high instrument failure rates, high implementation and maintenance costs are the restraints limiting the market growth.

Get sample copy of the Report: http://www.reportsweb.com/inquiry&RW00011739616/sample

By instrument, control valves segment is expected to witness higher CAGR during the forecast period due to its significance in control loop. Distributed control system (DCS) segment was the dominant solution in process automation and instrumentation market as these systems are widely used in process industries as an extension of conventional controllers. Distributed control system (DCS) solutions are widely used in oil & gas, energy & power, packaging, automotive, pharmaceutical, chemical, food and beverages, and pulp and paper industries.

In 2017, the oil and gas industry dominated the Process Automation and Instrumentation market as there is always huge demand for safety and reliability from exploration through delivery. Whereas, the market share of the energy & power segment is estimated to improve significantly over forecast period due to growing need for cleaner and smarter energy and high demand for non-renewable sources of energy production.

Enquire about Discount on Report: http://www.reportsweb.com/inquiry&RW00011739616/discount

Table of Contents

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Process Automation and Instrumentation Market, By Type
5.1 Introduction
5.2 Process Automation
5.3 Process Instrumentation

6 Global Process Automation and Instrumentation Market, By Instrument
6.1 Introduction
6.2 Analyzer
6.2.1 Conductivity Analyzer
6.2.2 Gas Analyzers
6.2.3 Liquid Chromatograph
6.2.4 pH Analyzer
6.3 Transmitters
6.3.1 Flowmeters
6.3.2 Level Transmitter
6.3.3 Pressure Transmitter
6.3.4 Temperature Transmitter
6.4 Control Valve
6.4.1 Valve Body
6.4.2 Actuator
6.4.3 Other Control Valves
6.4.3.1 Converter I/P
6.4.3.2 Positioner

7 Global Process Automation and Instrumentation Market, By Solution
7.1 Introduction
7.2 Advanced Process Control (APC)
7.3 Distributed Control System (DCS)
7.4 Human Machine Interface (HMI)
7.5 Manufacturing Execution System (MES)
7.6 Programmable Logic Controller (PLC)
7.7 Supervisory Control and Data Acquisition (SCADA)
7.8 Safety Automation
7.8.1 Burner Management System (BMS)
7.8.2 Emergency Shutdown System (Esd)
7.8.3 Turbomachinery Control (TMC)
7.8.4 High Integrity Pressure Protection System (HIPPS)
7.8.5 Fire and Gas Monitoring & Control

8 Global Process Automation and Instrumentation Market, By Communication Protocol
8.1 Introduction
8.2 Wireless Communication Protocol
8.3 Wired Communication Protocol

9 Global Process Automation and Instrumentation Market, By Application
9.1 Introduction
9.2 Oil & Gas
9.3 Food & Beverages
9.4 Chemicals
9.5 Pharmaceuticals
9.6 Water & Wastewater
9.7 Metals & Mining
9.8 Energy & Power
9.9 Pulp & Paper
9.10 Other Applications

10 Global Process Automation and Instrumentation Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa

11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies

12 Company Profiling
12.1 ABB Ltd.
12.2 Agilent Technologies, Inc.
12.3 Beckhoff Automation GmbH & Co., Kg
12.4 Bosch Group
12.5 Danaher Corp
12.6 Emerson Electric Co.
12.7 General Electric Co.
12.8 Hollysys Automation Technologies Ltd.
12.9 Honeywell International Inc.
12.10 Intech Process Automation Inc.
12.11 Key Innovators
12.12 Metso Corporation
12.13 Mitsubishi Electric Corporation
12.14 Omron
12.15 Rockwell Automation, Inc.
12.16 Schneider Electric Se
12.17 Siemens AG
12.18 Texas Instruments
12.19 Thermo Fisher Scientific Inc.
12.20 Yokogawa Electric Corporation

Know more about Report: http://www.reportsweb.com/process-automation-and-instrumentation-global-market-outlook-2017-2026

About us:

ReportsWeb is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.

Contact us:
Phone : +1-646-491-9876
E-Mail : sales@reportsweb.com

This release was published on openPR.