Press release
Process Automation Market Growth Boosted by Industry 4.0 & Smart Manufacturing | Top Major Companies - ABB, Emerson Electric Co., Honeywell International Inc., Johnson Controls
Process Automation Market
Process Automation Market is comprehensively covered in the DataM Intelligence report, which offers critical data, industry trends, and market intelligence. The study delves into the competitive environment, assessing leading players on their product portfolios, pricing, financial health, strategic growth initiatives, and geographic expansion.
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Process automation involves the use of technology to perform repetitive tasks and workflows with minimal human intervention, enhancing efficiency, consistency, and productivity. Commonly applied in manufacturing, IT, finance, and logistics, it utilizes tools like robotic process automation (RPA), AI, and machine learning to streamline operations, reduce errors, and lower costs.
Major players in the Process Automation market
The prominent players in Process Automation market research report are: ABB, Emerson Electric Co., Honeywell International Inc., Johnson Controls, Mitsubishi Corporation, Siemens AG, Robert Bosch GmBH, Rockwell Automation, Inc., ServiceNow, and Dassault Systèmes.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Process Automation Market Key Development
→ On December 14, 2022, Emerson Electric Co. announced a strategic investment in ZEBEDA to boost the development of advanced automation and industrial edge management technologies.
→ On June 27, 2022, Honeywell signed an MoU with Anchorage Investments to deploy industrial process automation systems at the Anchor Benitoite Petrochemicals Complex in Egypt.
→ On August 18, 2022, Honeywell and University Politehnica of Bucharest opened a new industrial automation lab to help students gain hands-on experience with the latest automation technologies.
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Process Automation Market Segments
By Technology: PLC, SCADA, DCS, Others
By Type: Software, Hardware, Service
By Communication Protocol: Wireless Protocol, Wired Protocol
By End User: Pharmaceutical, Food & Beverages, Paper & Pulp, Chemicals, Water & Wastewater Treatment, Energy & Utilities, Oil & Gas, Others
The Process Automation industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Regions Covered:
The global Process Automation Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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