Process Automation and Instrumentation - Global Market Outlook (2017-2026)

Process Automation and Instrumentation - Global Market Outlook (2017-2026)

  • Published: February 2018
  • ID: SMRC16977

According to Stratistics MRC, the Global Process Automation and Instrumentation market is expected to grow from $60.12 billion in 2017 to reach $105.94 billion by 2026 with a CAGR of 6.5%. Increased adoption of process automation and instrumentation products across industries, rising oil and refineries industry, shifting production approach from conventional practices to digitalized methods, adoption of multivendor portable applications, growing regulatory compliances in process industries, increased usage and application of MES, PLC,  SCADA, and DCS, in process industries, rising adoption of IoT across industries and increasing labor wages in major manufacturing hubs are some of the major factors boosting the market growth. On the other hand, high instrument failure rates, high implementation and maintenance costs are the restraints limiting the market growth.

By instrument, control valves segment is expected to witness higher CAGR during the forecast period due to its significance in control loop. Distributed control system (DCS) segment was the dominant solution in process automation and instrumentation market as these systems are widely used in process industries as an extension of conventional controllers. Distributed control system (DCS) solutions are widely used in oil & gas, energy & power, packaging, automotive, pharmaceutical, chemical, food and beverages, and pulp and paper industries.

In 2017, the oil and gas industry dominated the Process Automation and Instrumentation market as there is always huge demand for safety and reliability from exploration through delivery. Whereas, the market share of the energy & power segment is estimated to improve significantly over forecast period due to growing need for cleaner and smarter energy and high demand for non-renewable sources of energy production.

North America accounted for the largest share in global process automation and instrumentation market followed by Europe. The dominance of this region is due to increased industrial automation adoption rates in various end-user industries such as oil & gas, chemicals, petrochemicals and pharmaceuticals. Asia Pacific is expected to witness high growth during the forecast period due to rapid industrialization. Emerging economies such as India and China, on the other hand, are expected to witness rapid penetration in process automation & instrumentation market, owing to the favorable government policies and increasing investments in energy & power sector.

Some of the prominent Process Automation and Instrumentation industry participants include ABB Ltd., Agilent Technologies, Inc., Beckhoff Automation GmbH & Co., Kg, Bosch Group, Danaher Corp, Emerson Electric Co., General Electric Co., Hollysys Automation Technologies Ltd., Honeywell International Inc., Intech Process Automation Inc., Key Innovators, Metso Corporation, Mitsubishi Electric Corporation, Omron, Rockwell Automation, Inc., Schneider Electric Se, Siemens AG, Texas Instruments, Thermo Fisher Scientific Inc. and Yokogawa Electric Corporation.

Types of Processes Covered:
• Process Automation
• Process Instrumentation

Instruments Covered:
• Analyzer
• Transmitters
• Control Valve

Solutions Covered:
• Advanced Process Control (APC)
• Distributed Control System (DCS)
• Human Machine Interface (HMI)
• Manufacturing Execution System (MES)
• Programmable Logic Controller (PLC)
• Supervisory Control and Data Acquisition (SCADA)
• Safety Automation

Communication Protocols Covered:
• Wireless Communication Protocol
• Wired Communication Protocol

Applications Covered:
• Oil & Gas
• Food & Beverages
• Chemicals
• Pharmaceuticals
• Water & Wastewater
• Metals & Mining
• Energy & Power
• Pulp & Paper
• Other Applications

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan       
    • China       
    • India       
    • Australia 
    • New Zealand     
    • South Korea      
    • Rest of Asia Pacific   
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

1 Executive Summary   
     
2 Preface    

 2.1 Abstract   
 2.2 Stake Holders  
 2.3 Research Scope  
 2.4 Research Methodology 
  2.4.1 Data Mining 
  2.4.2 Data Analysis 
  2.4.3 Data Validation 
  2.4.4 Research Approach 
 2.5 Research Sources  
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions 
     
3 Market Trend Analysis  
 3.1 Introduction  
 3.2 Drivers   
 3.3 Restraints   
 3.4 Opportunities  
 3.5 Threats   
 3.6 Application Analysis  
 3.7 Emerging Markets  
 3.8 Futuristic Market Scenario 
     
4 Porters Five Force Analysis  
 4.1 Bargaining power of suppliers 
 4.2 Bargaining power of buyers 
 4.3 Threat of substitutes  
 4.4 Threat of new entrants 
 4.5 Competitive rivalry  
     
5 Global Process Automation and Instrumentation Market, By Type
 5.1 Introduction  
 5.2 Process Automation  
 5.3 Process Instrumentation 
     
6 Global Process Automation and Instrumentation Market, By Instrument
 6.1 Introduction  
 6.2 Analyzer   
  6.2.1 Conductivity Analyzer
  6.2.2 Gas Analyzers 
  6.2.3 Liquid Chromatograph
  6.2.4 pH Analyzer 
 6.3 Transmitters  
  6.3.1 Flowmeters 
  6.3.2 Level Transmitter 
  6.3.3 Pressure Transmitter 
  6.3.4 Temperature Transmitter
 6.4 Control Valve  
  6.4.1 Valve Body 
  6.4.2 Actuator  
  6.4.3 Other Control Valves 
   6.4.3.1 Converter I/P
   6.4.3.2 Positioner
     
7 Global Process Automation and Instrumentation Market, By Solution
 7.1 Introduction  
 7.2 Advanced Process Control (APC) 
 7.3 Distributed Control System (DCS)
 7.4 Human Machine Interface (HMI)
 7.5 Manufacturing Execution System (MES)
 7.6 Programmable Logic Controller (PLC)
 7.7 Supervisory Control and Data Acquisition (SCADA)
 7.8 Safety Automation  
  7.8.1 Burner Management System (BMS)
  7.8.2 Emergency Shutdown System (Esd)
  7.8.3 Turbomachinery Control (TMC)
  7.8.4 High Integrity Pressure Protection System (HIPPS)
  7.8.5 Fire and Gas Monitoring & Control
     
8 Global Process Automation and Instrumentation Market, By Communication Protocol
 8.1 Introduction  
 8.2 Wireless Communication Protocol
 8.3 Wired Communication Protocol 
     
9 Global Process Automation and Instrumentation Market, By Application
 9.1 Introduction  
 9.2 Oil & Gas   
 9.3 Food & Beverages  
 9.4 Chemicals  
 9.5 Pharmaceuticals  
 9.6 Water & Wastewater 
 9.7 Metals & Mining  
 9.8 Energy & Power  
 9.9 Pulp & Paper  
 9.10 Other Applications  
     
10 Global Process Automation and Instrumentation Market, By Geography

 10.1 Introduction  
 10.2 North America  
  10.2.1 US  
  10.2.2 Canada  
  10.2.3 Mexico  
 10.3 Europe   
  10.3.1 Germany  
  10.3.2 UK  
  10.3.3 Italy  
  10.3.4 France  
  10.3.5 Spain  
  10.3.6 Rest of Europe 
 10.4 Asia Pacific  
  10.4.1 Japan  
  10.4.2 China  
  10.4.3 India  
  10.4.4 Australia  
  10.4.5 New Zealand 
  10.4.6 South Korea 
  10.4.7 Rest of Asia Pacific 
 10.5 South America  
  10.5.1 Argentina  
  10.5.2 Brazil  
  10.5.3 Chile  
  10.5.4 Rest of South America
 10.6 Middle East & Africa  
  10.6.1 Saudi Arabia 
  10.6.2 UAE  
  10.6.3 Qatar  
  10.6.4 South Africa 
  10.6.5 Rest of Middle East & Africa
     
11 Key Developments   

 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
 11.2 Acquisitions & Mergers 
 11.3 New Product Launch  
 11.4 Expansions  
 11.5 Other Key Strategies  
     
12 Company Profiling   

 12.1 ABB Ltd.    
 12.2 Agilent Technologies, Inc. 
 12.3 Beckhoff Automation GmbH & Co., Kg
 12.4 Bosch Group  
 12.5 Danaher Corp  
 12.6 Emerson Electric Co.  
 12.7 General Electric Co.   
 12.8 Hollysys Automation Technologies Ltd.
 12.9 Honeywell International Inc.  
 12.10 Intech Process Automation Inc. 
 12.11 Key Innovators   
 12.12 Metso Corporation   
 12.13 Mitsubishi Electric Corporation  
 12.14 Omron   
 12.15 Rockwell Automation, Inc.  
 12.16 Schneider Electric Se  
 12.17 Siemens AG   
 12.18 Texas Instruments  
 12.19 Thermo Fisher Scientific Inc. 
 12.20 Yokogawa Electric Corporation  


List of Tables    
1 Global Process Automation and Instrumentation Market Outlook, By Region (2016-2026) ($MN)
2 Global Process Automation and Instrumentation Market Outlook, By Type (2016-2026) ($MN)
3 Global Process Automation and Instrumentation Market Outlook, By Process Automation (2016-2026) ($MN)
4 Global Process Automation and Instrumentation Market Outlook, By Process Instrumentation (2016-2026) ($MN)
5 Global Process Automation and Instrumentation Market Outlook, By Instrument (2016-2026) ($MN)
6 Global Process Automation and Instrumentation Market Outlook, By Analyzer (2016-2026) ($MN)
7 Global Process Automation and Instrumentation Market Outlook, By Conductivity Analyzer (2016-2026) ($MN)
8 Global Process Automation and Instrumentation Market Outlook, By Gas Analyzers (2016-2026) ($MN)
9 Global Process Automation and Instrumentation Market Outlook, By Liquid Chromatograph (2016-2026) ($MN)
10 Global Process Automation and Instrumentation Market Outlook, By pH Analyzer (2016-2026) ($MN)
11 Global Process Automation and Instrumentation Market Outlook, By Transmitters (2016-2026) ($MN)
12 Global Process Automation and Instrumentation Market Outlook, By Flowmeters (2016-2026) ($MN)
13 Global Process Automation and Instrumentation Market Outlook, By Level Transmitter (2016-2026) ($MN)
14 Global Process Automation and Instrumentation Market Outlook, By Pressure Transmitter (2016-2026) ($MN)
15 Global Process Automation and Instrumentation Market Outlook, By Temperature Transmitter (2016-2026) ($MN)
16 Global Process Automation and Instrumentation Market Outlook, By Control Valve (2016-2026) ($MN)
17 Global Process Automation and Instrumentation Market Outlook, By Valve Body (2016-2026) ($MN)
18 Global Process Automation and Instrumentation Market Outlook, By Actuator (2016-2026) ($MN)
19 Global Process Automation and Instrumentation Market Outlook, By Other Control Valves (2016-2026) ($MN)
20 Global Process Automation and Instrumentation Market Outlook, By Solution (2016-2026) ($MN)
21 Global Process Automation and Instrumentation Market Outlook, By Advanced Process Control (APC) (2016-2026) ($MN)
22 Global Process Automation and Instrumentation Market Outlook, By Distributed Control System (DCS) (2016-2026) ($MN)
23 Global Process Automation and Instrumentation Market Outlook, By Human Machine Interface (HMI) (2016-2026) ($MN)
24 Global Process Automation and Instrumentation Market Outlook, By Manufacturing Execution System (MES) (2016-2026) ($MN)
25 Global Process Automation and Instrumentation Market Outlook, By Programmable Logic Controller (PLC) (2016-2026) ($MN)
26 Global Process Automation and Instrumentation Market Outlook, By Supervisory Control and Data Acquisition (SCADA) (2016-2026) ($MN)
27 Global Process Automation and Instrumentation Market Outlook, By Safety Automation (2016-2026) ($MN)
28 Global Process Automation and Instrumentation Market Outlook, By Burner Management System (BMS) (2016-2026) ($MN)
29 Global Process Automation and Instrumentation Market Outlook, By Emergency Shutdown System (Esd) (2016-2026) ($MN)
30 Global Process Automation and Instrumentation Market Outlook, By Turbomachinery Control (TMC) (2016-2026) ($MN)
31 Global Process Automation and Instrumentation Market Outlook, By High Integrity Pressure Protection System (HIPPS) (2016-2026) ($MN)
32 Global Process Automation and Instrumentation Market Outlook, By Fire and Gas Monitoring & Control (2016-2026) ($MN)
33 Global Process Automation and Instrumentation Market Outlook, By Communication Protocol (2016-2026) ($MN)
34 Global Process Automation and Instrumentation Market Outlook, By Wireless Communication Protocol (2016-2026) ($MN)
35 Global Process Automation and Instrumentation Market Outlook, By Wired Communication Protocol (2016-2026) ($MN)
36 Global Process Automation and Instrumentation Market Outlook, By Application (2016-2026) ($MN)
37 Global Process Automation and Instrumentation Market Outlook, By Oil & Gas (2016-2026) ($MN)
38 Global Process Automation and Instrumentation Market Outlook, By Food & Beverages (2016-2026) ($MN)
39 Global Process Automation and Instrumentation Market Outlook, By Chemicals (2016-2026) ($MN)
40 Global Process Automation and Instrumentation Market Outlook, By Pharmaceuticals (2016-2026) ($MN)
41 Global Process Automation and Instrumentation Market Outlook, By Water & Wastewater (2016-2026) ($MN)
42 Global Process Automation and Instrumentation Market Outlook, By Metals & Mining (2016-2026) ($MN)
43 Global Process Automation and Instrumentation Market Outlook, By Energy & Power (2016-2026) ($MN)
44 Global Process Automation and Instrumentation Market Outlook, By Pulp & Paper (2016-2026) ($MN)
45 Global Process Automation and Instrumentation Market Outlook, By Other Applications (2016-2026) ($MN)
     

Note: Regional tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are presented in similar manner as the above

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