Press release
Process Automation and Instrumentation Market worth $98.6 Billion in 2029, at a growing CAGR of 5.9%
Process Automation and Instrumentation Market
The report "Process Automation and Instrumentation Market [https://www.marketsandmarkets.com/Market-Reports/process-automation-market-1172.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=processautomationandinstrumentationmarket] by Transmitter (Level, Pressure, Temperature), Analyzer (TOC, pH, Oxygen, Conductivity, Density, Toxic Gas, Turbidity, Hydrogen Sulfide), PLC, DCS, SCADA, HMI, MES, Industry - Global Forecast to 2029" The global process automation and instrumentation market size is projected to reach USD 98.6 billion in 2029 from USD 74.2 billion by 2024, with a CAGR of 5.9%. The process automation and instrumentation market encompass players that offer HMI, MES, PLCs, DCS, SCADA, and functional safety solutions; along with field instruments such as level, temperature and pressure transmitters, vibration level switches and humidity sensors. The market is highly segmented, with many companies in the value chain competing to solidify their position and expand their market share. Increasing demand for efficiency and cost effectiveness coupled with increasing adoption of digital technologies is shaping the trend of this market towards its growth.
Download PDF Brochure @ [https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1172&utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=processautomationandinstrumentationmarket]
Browse 209 market data Tables and 74 Figures spread through 338 Pages and in-depth TOC on "Process Automation and Instrumentation Market"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/process-automation-market-1172.html [https://www.marketsandmarkets.com/Market-Reports/process-automation-market-1172.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=processautomationandinstrumentationmarket]
[https://www.marketsandmarkets.com/Market-Reports/process-automation-market-1172.html]
Field instruments dominated the global process automation and instrumentation market in 2024.
Field Instruments is expected to dominate the global process automation and instrumentation market in instruments. Field instruments excel in providing accurate and reliable measurements of variables such as temperature, pressure and flow. The ability to provide predictive maintenance through continuous monitoring also helps reduce downtime and operating costs, making them indispensable in the oil and gas, pharmaceutical, food and beverage industry. Field instruments also help in cost saving by reducing manual monitoring and minimizing errors associated with human intervention. They are essential to maintain optimal operational efficiency and safety in industrial systems.
HMI to grow at the highest CAGR during the forecast period of 2024 to 2029.
Human Machine Interfaces (HMI) are poised to experience the highest growth rate (CAGR) within the process automation market. HMI provide a user-friendly interface that allows operators to monitor, control, and optimize production processes. It helps in efficient decision making, improved productivity and reduces human error. Increasing complexity of processes, rise of IIoT and a focus on security all combine to make HMIs the most dynamic part of the process automation market. The emergence of cloud-based HMI solutions and the increasing use of mobile devices for remote monitoring and control are expected to contribute to the high growth rate of the HMI segment in the process automation market during the forecast period.
Pharmaceuticals to grow at the highest CAGR during the forecast period of 2024 to 2029.
Pharmaceutical Industry is expected to grow at the highest compound annual growth rate (CAGR) in the process automation and instrumentation market, owing to increasing demand for sophisticated tools and equipment to support drug discovery, development, analysis, and modeling of compounds. Companies focus on growth through innovation and adoption of advanced automation technologies, such as human-machine interface (HMI), Supervisory Control and Data Acquisition Systems (SCADA) and Manufacturing Execution Systems (MES), it is expected that operations will increase efficiency, reduce reliance on manual processes, and improve compliance with stringent regulatory standards, contributing to the highest CAGR in the process automation and instrumentation market.
Asia Pacific to grow at the highest CAGR during the forecast period of 2024 to 2029.
Asia Pacific is expected to grow with the highest CAGR in the global process automation and instrumentation market. In Asia Pacific, the demand for process automation and instrumentation solutions is due to rapid industrialization in countries like China, India, and Vietnam which is driving the demand for efficient and automated production processes. The region has shown investments in research and developments while increasing the adoption of advanced technologies, thereby boosting demand for automation solutions. And the government policies aimed at promoting automation and digitalization is further boosts the market. The region's established industries, such as pharmaceuticals, oil & gas, also boost the demand for process automation solutions.
Major companies operating in this process automation and instrumentation market include ABB (Switzerland), Emerson Electric Co. (US), Siemens (Germany), General Electric Company (US), and Schneider Electric (France).
Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=process-automation-and-instrumentation-market-worth-986-billion-in-2029-at-a-growing-cagr-of-59]
Phone: 18886006441
Address:1615 South Congress Ave. Suite 103
City: Delray Beach
State: FL 33445
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/process-automation-market-1172.html
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Process Automation and Instrumentation Market worth $98.6 Billion in 2029, at a growing CAGR of 5.9% here
News-ID: 3710469 • Views: …
More Releases from ABNewswire
Bedrock Restoration - Water Fire Mold Damage Service, Expands Water Damage Repai …
Water Fire Mold Damage Service, a trusted provider of property restoration, has announced expanded service offerings to meet the growing demand for professional water damage solutions in the region. Known for their reliable, customer-focused approach, the company continues to support both homeowners and businesses in recovering from unexpected property damage caused by water, fire, or mold.
Responding to a Growing Need for Water Damage Restoration
Property owners across Minnesota are increasingly seeking…
Winkler Kurtz LLP Expands Resources to Handle Increased Demand for Personal Inju …
For individuals searching for personal injury attorneys, the expansion of Winkler Kurtz LLP's team means greater accessibility and reduced wait times for consultations. The firm's deep roots in the Port Jefferson Station community allow them to understand local nuances, such as common accident hotspots and specific regional legal precedents.
Port Jefferson Station has seen a notable rise in personal injury cases, driven by factors such as increased traffic congestion, construction activity,…
Protecting Property Value: Hose Bros Inc Highlights How Professional Power Washi …
For residents searching for power washing near me, Hose Bros Inc offers accessible and reliable services tailored to the Millsboro community. Their local expertise ensures an understanding of regional challenges, such as the impact of salt air on coastal properties or the tendency for humidity to promote mold growth in shaded areas. This knowledge allows them to customize their approach, selecting appropriate pressure levels and cleaning agents for different surfaces.
In…
![Tampa Bay Home Remodeling Costs Guide [2025] Kitchen & Bathroom Renovation Prices](https://cdn.open-pr.com/9/1/914818326_g.jpg)
Tampa Bay Home Remodeling Costs Guide [2025] Kitchen & Bathroom Renovation Price …
A 2025 cost guide to kitchen, bathroom, and full home remodeling in Tampa Bay, featuring expert insights from Craftline Remodeling on pricing, budgeting, and contractor selection.
Market Overview: Understanding Tampa Bay Remodeling Investment Trends
Tampa Bay's home remodeling market has experienced significant cost evolution in 2025, with project expenses varying dramatically across South Tampa, Carrollwood, Seminole Heights, Clearwater, St. Petersburg, and Wesley Chapel based on material choices, project scope, and contractor expertise.…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031.
Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,…
