Process Automation and Instrumentation Market Analysis 2017-2018 Forecast to 2023 - Adoption of Multivendor Portable Applications is Driving Growth
DUBLIN, June 28, 2018 /PRNewswire/ --
The "Global Process Automation and Instrumentation Market - by Instrument, Solution, Industry, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)" report has been added to ResearchAndMarkets.com's offering.
Demand Scenario
The Global Process Automation and Instrumentation Market was 61.38 Billion USD in 2017 and is estimated to reach 88.32 Billion USD by 2023 with a CAGR of 6.25% between 2017 and 2023.
Growth by Region
The North America has highest market value the total market value of Global Process Automation and Instrumentation Market. Increase in the industrial automation adoption rate in America is the main reason for the growth of the market in this region. The North America tops the market with more than 40% of the total market share while it is followed by Europe, Asia-Pacific regions.
Drivers Vs. Constraints
One of the reason for the growth of Process Automation and Instrumentation market is due to adoption of multivendor portable applications. The industrial automation and rapid industrialization are also driving factors for market growth.
There also factors which hinder the rate of growth of this market. These factors include high instrument failure rates because products of process instrumentation are subjected to high failure risks.
Industry Structure and Updates
Top 5 to 6 companies hold the maximum market share i.e. 70-80% of Global Process Automation and Instrumentation market where as others with just 20-30% share of total market value and these top companies are ABB Ltd, Emerson Electric, General Electric Co., Honeywell International, Inc., Mitshubishi Electric Corporation etc.
Key Topics Covered
1. Research Methodology
2. Executive Summary
3. Market Overview
3.1. Definition
3.2. Industry Value Chain Analysis
3.3. Porter's 5 Forces
3.4. Regulations
4. Market Dynamics
4.1. Introduction
4.2. Drivers
4.3. Constraints
4.4. Trends
5. Global Process Automation and Instrumentation Market Segmentation, Forecasts and Trends - by Instrument
5.1. Field Instrument
5.1.1. Pressure
5.1.2. Temperature
5.1.3. Level
5.1.4. Humidity
5.2. Control Valve
5.2.1. Valve Body
5.2.2. Actuator
5.2.3. Others
5.3. Analyzer
5.3.1. pH Analyzer
5.3.2. Conductivity Analyzer
5.3.3. Gas Chromatograph
5.3.4. Liquid Chromatograph
6. Global Process Automation and Instrumentation Market Segmentation, Forecasts and Trends - by Solution
6.1. APC
6.2. DCS
6.3. HMI
6.4. MES
6.5. PLC
6.6. Safety Automation
6.7. SCADA
7. Global Process Automation and Instrumentation Market Segmentation, Forecasts and Trends - by Industry
7.1. Chemicals
7.2. Energy & Power
7.3. Food & Beverages
7.4. Metals & Mining
7.5. Oil & Gas
7.6. Pharmaceuticals
7.7. Pulp & Paper
7.8. Water & Wastewater
7.9. Others
8. Global Process Automation and Instrumentation Market Segmentation, Forecasts and Trends - by Region
8.1. North America
8.1.1. U.S.
8.1.2. Canada
8.2. Europe
8.2.1. UK
8.2.2. France
8.2.3. Germany
8.2.4. Italy
8.2.5. Others
8.3. Asia-Pacific
8.3.1. India
8.3.2. China
8.3.3. Japan
8.3.4. Australia
8.3.5. Others
8.4. Latin America
8.4.1. Brazil
8.4.2. Argentina
8.4.3. Mexico
8.4.4. Others
8.5. Middle East and Africa
8.5.1. South Africa
8.5.2. UAE
8.5.3. Saudi Arabia
8.5.4. Egypt
8.5.5. Others
9. Company Market Share Analysis
10. Company Profiles
10.1. ABB
10.2. Emerson Electric
10.3. Honeywell
10.4. Mitsubishi Electric
10.5. OMRON
10.6. Rockwell Automation
10.7. Schneider Electric
10.8. Siemens
10.9. Hollysys Automation Technologies Ltd
10.10. Thermo Fisher Scientific Inc
10.11. Yokogawa Electric Corporation
11. Industry Structure
11.1. Industry M&As, Consolidations
11.2. Investment Opportunities
12. Global Process Automation and Instrumentation Market - Road Ahead
For more information about this report visit https://www.researchandmarkets.com/research/ccjbwv/process?w=5
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