Press release
Industrial Process Variable Instruments Manufacturing Market 2018-2022 : Global Key Players: Abb Ltd, Emerson Electric Company, Honeywell International Inc., Schneider Electric Se and Siemens Ag
Global industrial variable instruments market is positive with significant growth potential for level and flow industrial process variables. Rising disposable income, increasing demand for consumer durable goods and non-consumer durable goods, economic growth in emerging markets is driving the demand for industrial variable instruments market.
The industrial variable instruments market reached a value of nearly REDACTED in 2017 and is expected to grow at a compound annual growth rate (CAGR) of REDACTED to nearly REDACTED by 2022. The industrial variable instruments market is concentrated with a few large players leading the market. Major players in the market are Honeywell International Inc., The Emerson Electric Company, Siemens AG, ABB Ltd., Schneider Electric SE and others.
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Flow industrial process variables accounted for the largest share of the industrial variable instruments market in 2017 at REDACTED. The highest growth is also projected to come from flow industrial process variables, which is forecasted to grow at a CAGR of REDACTED. Major factors included increasing demand for chemicals and oil and gas products from end user industries.
Asia Pacific is the largest industrial variable instruments market, accounting for REDACTED of the global market. It was followed by North America and Western Europe region. Going forward, North America is expected to witness the fastest growth in the industrial variable instruments market, estimated at grow at a CAGR of REDACTED, followed by Eastern Europe which is expected to grow at a CAGR of REDACTED.
China is the largest market in terms of value and in the industrial variable instruments market. India and Russia are forecasted to have the fastest growth, growing at a CAGR of REDACTED and REDACTED, respectively.
The market is challenged by restraints such as interest rate increases, rising trade protectionism and increasing debts in end user industries such as utilities and oil and gas.
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Report Scope
This research report categorizes the industrial variable instruments market by type include temperature, pressure, level, flow and others.
Report Includes
- 96 data tables
- Country specific data and analysis for USA, China, Spain, Italy, France, India, Japan, Russia, Brazil, UK and Australia
- Discussion about technological advances such as robotics and automation as a driver for the industrial variable instruments industry
- Insight into regulatory environment, new products and advancements, and current trends within the industry
- Coverage of Government Initiatives, Regulatory Bodies and Major Associations representing industrial variable instruments market
- Comprehensive company profiles of the major players in the market, including Abb Ltd, Emerson Electric Company, Honeywell International Inc., Schneider Electric Se and Siemens Ag
Countries Covered
USA
China
Spain
Italy
France
India
Japan
Russia
Brazil
UK
Australia
Companies Mentioned:
ABB LTD.
EMERSON ELECTRIC COMPANY
HONEYWELL INTERNATIONAL INC.
SCHNEIDER ELECTRIC SE
SIEMENS AG
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Table of Content
Chapter 1 Introduction
Chapter 2 Summary and Highlights
Chapter 3 Industrial Process Variable Instruments Manufacturing Market Overview
Chapter 4 PESTEL Analysis
Chapter 5 Global Industrial Process Variable Instruments Manufacturing Market Comparison with Macro Economic Factors
Chapter 6 Industrial Process Variable Instruments Manufacturing Market Regional and Country Analysis
Chapter 7 Asia-Pacific Industrial Process Variable Instruments Manufacturing Market
Chapter 8 Western Europe Industrial Process Variable Instruments Manufacturing Market
Chapter 9 Eastern Europe Industrial Process Variable Instruments Manufacturing Market
Chapter 10 North America Industrial Process Variable Instruments Manufacturing Market
Chapter 11 South America Industrial Process Variable Instruments Manufacturing Market
Chapter 12 Middle East Industrial Process Variable Instruments Manufacturing Market
Chapter 13 Africa Industrial Process Variable Instruments Manufacturing Market
Chapter 14 Industrial Process Variable Instruments Manufacturing Market Competitive Landscape
Chapter 15 Key Mergers and Acquisitions in the Industrial Process Variable Instruments Manufacturing Market
Chapter 16 Appendix
Chapter 17 References
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