NEW YORK, June 25, 2021 /PRNewswire/ -- Technavio's library has included the Fieldbus solutions market for process industry in the US report which comprises of more than 17,000 markets, covering 800 technologies, spanning over 50 nations. Our client base comprises of ventures of all sizes, counting more than 100 Fortune 500 companies.
Gain competitive insights about market pioneers by reading 120-page report on "Fieldbus Solutions Market for Process Industry in US Analysis Report by End-user (Oil and gas industry, Chemical and petrochemical industry, Power industry, Metal and mining industry, and Others), Protocol (PROFIBUS, modbus, DeviceNet, AS-i, and SERCOS), and Solution (hardware, software, and services), and the Segment Forecasts,2021-2025". Track key industry openings, patterns, and dangers. Data on marketing, brand, strategy and market improvement, deals and supply capacities.
According to the Technavio, Fieldbus solutions market for process industry in the US is expected to grow by USD 126.27 million. This marks a significant market slowdown compared to the 2020 growth estimates due to the impact of the COVID-19. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of almost 5%.
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Download: Fieldbus Solutions Market Analysis for Process Industry in US on Customer Landscape Matrix
The benefits attained by end-users is one of the prominent drivers of the Fieldbus solutions market for process industry in the US. In addition, the high investments in process industries is also anticipated to boost the growth of the Fieldbus solutions market for process industry in the US.
Prominent Company Profiles:
Eaton Corporation Plc
Emerson Electric Co.
Endress+Hauser Group Services AG
Honeywell International Inc.
Rockwell Automation Inc.
Schneider Electric SE
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