Global Process Automation Market Report and Forecast 2025-2034

According to the report by Expert Market Research (EMR), the global process automation market size reached around USD 202.54 billion in 2024. Aided by the growing applications of process automation in various sectors and robust technological advancements, the market is projected to grow at a CAGR of 6.6% between 2025 and 2034 to reach nearly USD 383.78 billion by 2034.

Process automation involves the use of technology to automate complex business processes and functions. It enhances efficiency, accuracy, and speed, thereby reducing operational costs and minimising human intervention. Key components of process automation include distributed control systems (DCS), programmable logic controllers (PLC), supervisory control and data acquisition (SCADA) systems, and human-machine interfaces (HMI). These technologies are widely used across sectors such as manufacturing, oil and gas, chemicals, food and beverages, pharmaceuticals, and automotive.

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The increasing consumer preference for efficient and precise industrial operations is driving the process automation market growth. With the growing awareness of the benefits associated with automation, there has been a significant shift towards adopting process automation technologies in various applications. Additionally, the rising trend of digital transformation and the increasing integration of advanced technologies such as artificial intelligence (AI) and the Internet of Things (IoT) have further contributed to the increasing demand for process automation.

The manufacturing sector is one of the major end-users of process automation. The increasing focus on improving productivity, reducing operational costs, and ensuring consistent product quality is driving the adoption of automation technologies in manufacturing processes.

The oil and gas sector extensively uses process automation technologies for various applications, including exploration, production, refining, and distribution. The need to enhance operational efficiency, ensure safety, and optimise resource utilisation is propelling the demand for process automation in the oil and gas sector.

The expansion of the pharmaceutical sector is driving the demand for process automation. Automation technologies are used in pharmaceutical manufacturing to ensure precision, maintain product quality, and comply with regulatory standards. The increasing production of pharmaceuticals and the need for stringent quality control measures are boosting the demand for process automation in this sector, consequently driving up the process automation market share.

The focus on predictive maintenance is driving the adoption of process automation technologies. Predictive maintenance uses data analytics and machine learning to predict equipment failures and schedule maintenance, reducing downtime and improving operational efficiency.

The growth of digital twin technology is a significant trend in the process automation market. Digital twins provide a virtual representation of physical assets, enabling real-time monitoring, simulation, and optimisation of industrial processes, driving the adoption of automation technologies.

The expansion of cloud-based automation solutions is enhancing the flexibility and scalability of process automation systems. Cloud-based platforms enable remote monitoring, real-time data access, and seamless integration with other industrial systems, driving their adoption.

As per the process automation market analysis, there is an increasing emphasis on sustainability and energy efficiency in industrial operations. Process automation technologies that improve energy efficiency and reduce environmental impact are gaining traction in the market. The development of industry-specific automation solutions is a notable trend in the market. Manufacturers are focusing on creating tailored automation systems that meet the specific needs and requirements of various industries, providing enhanced performance and efficiency.

Market Segmentation

The market can be divided based on type, application, and region

Market Breakup by Type

Discrete Automation
Process Automation

Market Breakup by Application

Oil and Gas
Chemicals and Mining
General Industrial
Consumer Goods
Pharma and Biotech
Water
Technology Hardware
Automotive
Power
Others

Market Breakup by Region

North America
Europe
Asia Pacific
Middle East and Africa
Europe

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Competitive landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in global process automation market. Some of the major players explored in the report by expert market research are as follows:

ABB Ltd.
Emerson Electric Co.
Honeywell International, Inc.
Siemens AG
Rockwell Automation, Inc.
General Electric Company
Others

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