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Process Automation And Instrumentation Market 2023 | Business Overview, New Share, Trends Analysis, And Forecast To 2032
Process Automation And Instrumentation Market
The Business Research Company's Process Automation And Instrumentation Global Market Report 2023 identifies increasing focus of manufacturing firms on achieving cost-saving and better efficiency is significantly contributing to the growth of the process automation and instrumentation market. The increase in productivity and minimization the errors are helping the process automation and instrumentation market to grow.
The global process automation and instrumentation market size grew from $67.19 billion in 2022 to $71.54 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The process automation and instrumentation market size is expected to grow to $97.63 billion in 2027 at a CAGR of 8.1%.
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Major competitors in the process automation and instrumentation market are ABB Limited, Danaher Corporation, Emerson Electric Company, Endress+Hauser Group Services AG, General Electric, Hollysys Automation Technologies Ltd., Honeywell International Inc., Mitsubishi Electric Corporation, Omron Corporation, Rockwell Automation Inc., Schneider Electric SE, Yokogawa Electric Corporation, Beckhoff Automation, Carlo Gavazzi Holding AG, Delta Electronics Inc., Inductive Automation LLC, Intech, Pepperl+Fuchs GmbH, and Robert Bosch GmbH
Technological innovations are shaping the process automation and instrumentation market.
Read More On The Global Process Automation And Instrumentation Market Report Here:
https://www.thebusinessresearchcompany.com/report/process-automation-and-instrumentation-global-market-report
The process automation and instrumentation market is segmented -
• By Instrument: Field Instrument, Control Valve And Analyser, Analytical Instrument
• By Solution: Programmable Logic Controller (PLC), Distributed Control System (DCS), Supervisory Control And Data Acquisition (SCADA), Human Machine Interaction (HMI), Functional Safety, Manufacturing Execution System (MES)
• By Industry: Oil And Gas, Chemicals, Pulp And Paper, Pharmaceuticals, Metals And Mining, Food And Beverages, Energy And Power, Water And Wastewater Treatment
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the process automation and instrumentation market.
The Business Research Company's "Global Process Automation And Instrumentation Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Process Automation And Instrumentation Market Include:
1. Process Automation And Instrumentation Market Executive Summary
2. Process Automation And Instrumentation Market Segments
3. Process Automation And Instrumentation Market Size And Process Automation And Instrumentation Market Growth Rate
4. Key Process Automation And Instrumentation Market Trends
5. Major Process Automation And Instrumentation Market Drivers
……
25. Key Mergers And Acquisitions In The Process Automation And Instrumentation Market
26. Top Process Automation And Instrumentation Companies
27. Process Automation And Instrumentation Market Opportunities And Strategies
28. Process Automation And Instrumentation Market, Conclusions And Recommendations
29. Appendix
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