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
Packaging Foams Market Share to Reach USD 15.36 Billion by 2030, Amid Rising E-c …
A new report from Mordor Intelligence on the "Packaging Foams Market Size" provides an in-depth analysis of current trends, key growth factors, and upcoming opportunities.
Packaging Foams Market
According to Mordor intelligence report, the Packaging foams market [https://www.mordorintelligence.com/industry-reports/packaging-foams-market?utm_sourcr=abnewswire] is valued at USD 12.22 billion in 2025 and is projected to reach USD 15.36 billion by 2030, registering a 4.68% CAGR during the forecast period. Demand is largely supported by e-commerce fulfillment, food…
Confectionery Market Size to Hit USD 280.8 Billion by 2030 | Growth Accelerated …
The global confectionery market will grow from USD 214.1B (2025) to USD 280.8B (2030), driven by healthier low-sugar products, premium chocolates, and fast-growing online retail. Major brands are investing in clean-label ingredients, sustainable sourcing, and digital distribution, supporting strong growth through 2030.
Introduction: Evolving Landscape of the Global Confectionery Market
The global confectionery market is undergoing strong and steady expansion, powered by evolving consumer lifestyles, digital retail accessibility, and the rising appeal…
Largest Refrigerated Equipment Rental Service for Events by L'Entrepot du Frigo
L'Entrepot du Frigo, a Quebec leader in commercial and industrial refrigeration solutions for over 30 years, announces the continued availability of its exclusive refrigerated equipment rental service for events. With the largest inventory of event refrigerators and freezers in Quebec, the company has established itself as the go-to partner for ensuring the success of gatherings of all scales-whether personal, corporate, or public.
Turnkey refrigeration solutions for events of all sizes: from…
Ann Arbor Apartments: Revolutionizing Campus Living with Tech-Driven Comfort and …
Image: https://www.abnewswire.com/upload/2025/11/fd8eb3a756d8ddee72e93a28b230e365.jpg
Ann Arbor, MI - For over 30 years, Ann Arbor Apartments has been a cornerstone of the University of Michigan community, providing exceptional living spaces that feel like home. Today, the company unveils a refreshed commitment to resident well-being, blending cutting-edge digital solutions with its enduring philosophy of fostering strong, supportive communities. This strategic evolution is set to redefine the apartment living experience in Ann Arbor [https://annarborapartments.net/], especially for…
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 $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion.
These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membrane…
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…
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview
The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States.
Despite challenges such as training for new…
