Press release
Global Process Automation & Instrumentation Market: Emerging Trends, Major Key Players Emerson Electric Co and Siemens
According to the report, the global Process Automation & Instrumentation market size is expected to grow at a CAGR of more than 11% from 2021 to 2028. The market for the major driver of the process automation and instrumentation market is growing. This development is due to the increased usage of efficient and intelligent equipment and advancement in technological innovations. Positive economic growth and increased spending by infrastructure and process industries are further predicted to drive the market throughout the next eight years.Request Free Sample Report or PDF Copy: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=006278
The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global PROCESS AUTOMATION & INSTRUMENTATION industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.
Impact of COVID-19
The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Process Automation & Instrumentation market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend
For Any Query or Customization, Ask Our Industry Experts@ https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=006278
Key Players
Some of the major Process Automation & Instrumentation players holding highest market share include Emerson Electric Co, Siemens, Rockwell Automation, Inc and General Electric. These players use new product development as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Emerson Electric Co
• Siemens
• Rockwell Automation, Inc
• General Electric
• Mitsubishi Electric Corporation
• Yokogawa Electric Corporation
• Schneider Electric
• ABB
• Honeywell International Inc
• Robert Bosch GmbH
Segmental Analysis
Market Segment By Instrument with focus on market share, consumption trend, and growth rate of PROCESS AUTOMATION & INSTRUMENTATION Market:
• Field Instrument
• Control Valve
• Analytical Instrument
Market Segment By Solution with focus on market share, consumption trend, and growth rate of PROCESS AUTOMATION & INSTRUMENTATION Market:
• APC
• DCS
• HMI
• MES
• PLC
• Functional Safety
• SCADA
Market Segment By Industry with a focus on market share, consumption trend, and growth rate of PROCESS AUTOMATION & INSTRUMENTATION Market:
• Food & Beverages
• Pharmaceuticals
• Chemicals
• Energy & Power
• Oil & Gas
• Metals & Mining
• Water & Wastewater
• Pulp & Paper
• Others
For more information: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=006278
Global Process Automation & Instrumentation Geographic Coverage:
• North America
o US
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.
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