Press release
Automation Instrumentation Market Steady Growth to be Witnessed by 2021
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One of the major factors driving the growth of automation instrumentation market is the increasing demand of automation instrument from process industries. However, lack of effective product differentiation may pose a challenge to the growth of automation instrumentation market. For example, various automation instrument retailers face augmented competition from regional and local vendors owing to lack of effective product differentiation. To overcome this problem, many retailers have started presenting customized automation solutions which not only meet the client needs but is offered to them at a competitive price. As a result, several companies across process industries which include Chemical, Oil and Gas and Petrochemical are opting for automation instruments so that they could enhance their operational efficiency.
By geography, countries such as Brazil, Russia, India and China are witnessing rapid growth in the automation instrumentation market due to the upstream industries of Refining Chemicals along with Electric Utilities, Oil & Gas, Metals and Mining. Some of the key players in the market include Emerson Electric Co., BB Ltd., Yokogawa Electric Corp. and Honeywell International Inc. among others.
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Key geographies evaluated in this report are:
North America
U.S
Canada
Europe
France, Germany, Italy, Spain, and the UK
Eastern Europe
CIS
APAC
China
India
Japan
Australia
Others
Latin America
Argentina
Brazil
Others
Key features of this report
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Drivers, restraints, and challenges shaping the Automation Instrumentation market dynamics
Latest innovations and key events in the industry
Analysis of business strategies of the top players
Automation Instrumentation market estimates and forecasts(2015 -2021)
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