Process Automation & Instrumentation Market by Instrument (Field Instrument, Control Valve, Analytical Instrument), Solution (APC, DCS, HMI, MES, PLC, Functional Safety, SCADA), Industry, and Geography – Global Forecast to 2025

2020-07-30
Price :
Published : Jul-2020
No. of Pages : 300

“Process automation and instrumentation market to exhibit significant growth potential from 2020 to 2025”

The process automation and instrumentation market is expected to be valued at USD 67.4 billion in 2020 and is projected to reach USD 76.8 billion by 2025, at a CAGR of 2.6%. Increasing importance of reduced operating costs and production efficiency, adoption of digital technologies such as IIoT, increased adoption of industrial automation and process control, and optimum utilization of resources are expected to be the key factors propelling the growth of the process automation and instrumentation market.

“DCS segment to account for largest share in global process automation and instrumentation market”

DCS is a digital automated industrial control system (ICS) that uses geographically distributed loops through a factory, machine, or control area. Unlike a centralized control system that operates all machines, a DCS allows each section of a machine to have its own dedicated controller that runs the operation. Rising demand for energy & power, emergence of open source DCS solutions, and cost and time effectiveness are primarily driving the growth of the DCS market. This is further boosted by the introduction of new techniques in distributed control systems, such as open interoperable systems. Industrial Internet of Things coupled with convergence of information technology (IT) with operational technology (OT) are likely to augment the DCS market growth.

“Field instrument segment to account for largest share within process instrumentation in of global process automation and instrumentation market”

Field instruments play a important role in process control by measuring key elements such as temperature, pressure, flow, and level. Field instruments assist in managing plant assets, enhancing plant safety, and optimizing overall production processes through data acquisition, control, and measurement. It is imperative to obtain information quickly, smoothly, securely, and accurately from field instrument by measuring key elements of process control—temperature, pressure, flow, and level—to achieve optimum productivity at sites.

 “Pharmaceuticals industry to register highest CAGR in global process automation and instrumentation market”

The pharmaceuticals industry is expected to grow at the highest CAGR in the global process automation and instrumentation market. This is because of the need of handling complex processes in this industry and increasing competition in the industry and legislations related to this industry. Various processes in the pharmaceuticals industry such as manufacturing, testing, drug development, packaging and distribution involve process automation and instrumentation solutions to increase efficiency and output of processes. The pharmaceuticals industry is the most active sector in the current market situation. Though this industry is not expected to have any negative impact on COVID-19, it will face a moderate effect of this virus outbreak. The majority of active pharmaceutical ingredients (API) and generics are developed in China and India. As both these countries are currently limiting production and avoiding exports owing to the situation, it has resulted in severe disruption in the supply chain, affecting the production of pharmaceuticals in these countries. Recently, India had restricted the export of 26 APIs, which has further deepened the crisis across different geographies. Since the pharmaceutical manufacturing facilities globally are still active, the demand for process automation and instrumentation solutions and services is also expected to continue. However, the adoption of process automation and instrumentation products will increase even more significantly in the future.

“APAC to account for highest share of process automation and instrumentation market in 2019”

The process automation and instrumentation market in APAC is expected to have the highest market share in 2019 because of the factors such growing per capita income, rapid industrialization, and increasing urbanization, as well as consistent growth in industrial activities in the Pacific region, along with favorable government policies; growing demand for oil & gas and food & beverages; and rising infrastructural investments in energy & power.

In-depth interviews were conducted with C-level executives, managers, and other executives from various key organizations operating in the process automation and instrumentation market. The process automation and instrumentation market in APAC has been studied for China, Japan, India, and the Rest of APAC, however, in the section below, the detailed analysis of the market in China, Japan, and India has been provided. Rapid industrialization in APAC has boosted the manufacturing sector in APAC. The countries of APAC considered in this study have the presence of a large number of small- and mid-sized enterprises (SMEs). However, the outbreak of COVID-19 has significantly affected the manufacturing sector of APAC. As the neighboring countries are linked to one another through trade relations and supply chain, the entire region is affected by the outbreak of COVID-19.

  • By Company Type: Tier 1 = 35%, Tier 2 = 50%, and Tier 3 = 15%
  • By Designation Level: C-Level = 40%, Directors = 45%, and Others = 15%
  • By Region: North America = 30%, Europe = 25%, APAC = 40%, and RoW = 5 %

Major players included in the process automation and instrumentation market are ABB (Switzerland), Siemens (Germany), Emerson Electric (US), Schneider Electric (France), and Honeywell International (US). The other key players in this market include companies such as General Electric (US), Mitsubishi Electric (Japan), Rockwell Automation (US), Endress+Hauser (Switzerland), Yokogawa Electric (Japan), and HollySys (China).

Research Coverage:

The research report on the global process automation and instrumentation market covers different segments, namely instrument, solution, industry, and geography. The market is segmented by instrument into field instrument, control valve, and analytical instrument. The market is segmented by solution into PLC, DCS, SCADA, HMI, safety automation, APC, and MES. Also, the process automation and instrumentation market is classified by industry into food & beverages, pharmaceuticals, oil & gas, metals & mining, water & wastewater, pulp & paper, energy & power, chemicals, and others. The report covers 4 major geographic regions; North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).

Key Benefits of Buying the Report:

  • Illustrative segmentation, analysis, and forecast for the market based on instrument, solution, industry, and geography have been conducted to give an overall view of the process automation and instrumentation market.
  • The major drivers, restraints, opportunities, and challenges for the process automation and instrumentation market have been detailed in this report.
  • The report includes a detailed competitive landscape, along with key players, in-depth analysis, and revenue of key players.
  • The report also analyze the impact of emerging technologies such as Blockchain, 5G and AI on the process automation market
Filed in: Manufacturing
Publisher : marketsandmarkets
More Reports
Title Price Buy Now

Flexible Plastic Packaging Market by Type (Pouches, Rollstocks, Bags, Wraps), Material (Plastic & Aluminum Foil), Application (Food, Beverage, Pharma & Healthcare, Personal care & Cosmetics), Technology, and Region – Global Forecast to 2025

 “Increase in the demand for processed food and usage of flexible plastic in cosmetics globally is projected to drive the overall growth of the flexible plastic packaging market across the globe from 2020 to 2025.” The global flexible plastic packaging market size is projected to grow from USD 160.8 billion in 2020 to USD 200.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 4.5%. The global flexible plastic packaging industry has witnessed high growth primarily because of the increasing demand for food, beverage, and pharmaceutical products worldwide, especially during the COVID-19 pandemic. Demand for sustainable, and durable protective packaging for pharmaceutical industry is another key factor contributing towards the increasing growth of the flexible plastic packag......
$9000

Sterile Medical Packaging Market by Material (Plastics, Metal, Glass, Others), Type (Thermoform Trays, Bottles, Vials & Ampoules, Blister & Clamshells, Others), Application (Surgical Instruments, Pharmaceutical, Others) – Forecast to 2025

 “In terms of value, the sterile medical packaging market is projected to grow at a CAGR of 9.4% between 2020 and 2025.” In terms of value, the sterile medical packaging market size is estimated to be USD 36.9 billion in 2020 and projected to reach USD 57.7 billion by 2025, at a CAGR of 9.4% from 2020 to 2025. Increasing investment, coupled with growth in healthcare industry across the globe is expected to drive the growth of sterile medical packaging market. The recent outbreak of Covid-19 is expected to have a positive impact on the sterile medical packaging market. “The pharmaceutical & biological segment is the projected to lead the sterile medical packaging market during the forecast period.” Based on application, the pharmaceutical & biological application i......
$4950

Industrial Packaging Market by Product type, Material (Paperboard, Plastic, Wood, Metal), Application (Food & Beverage, Building & Construction, Pharmaceutical, Chemical, Automotive, Oil & Lubricant) and Region – Global Forecast to 2025

“Increase in the demand for food & beverage and pharmaceutical globally is projected to drive the overall growth of the industrial packaging market across the globe from 2020 to 2025.” The global industrial packaging market size is projected to grow from USD 58.8 billion in 2020 to USD 72.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 4.3%. The global industrial packaging industry has witnessed high growth primarily because of the increasing demand for food & beverage and pharmaceutical products worldwide, especially during the COVID-19 pandemic. Demand for sustainable, and durable protective packaging for pharmaceutical industry is another key factor contributing towards the increasing growth of the industrial packaging market over the next few years. “I......
$4950

Freeze-Drying/ Lyophilization Market by Type (Tray, Shell, Manifold), Scale of operation (Industrial, Lab, Pilot), Application (Food, Pharma & Biotech), Accessories (Loading & Unloading, Monitoring, Vacuum Systems, Drying Chambers) – Global Forecast to 2025

 “Rising demand for lyophilized products in the pharmaceutical and biotechnology industries are driving market growth” The global freeze-drying/lyophilization equipment market is projected to reach USD 7.3 billion by 2025 from USD 4.9 billion in 2020, at a CAGR of 8.2% from 2020 to 2025. The increasing demand for food preservation, rapid growth in contract manufacturing and lyophilization services across the world, rising demand for lyophilized products (especially for the manufacturing of new biologic drugs and injectable formulations), and the technological advancements in lyophilization methods are the major factors driving the growth of this market. On the other hand, the increasing utilization of alternative drying techniques in the pharmaceutical and biotechnology industries ......
$4950

Mist Eliminator Market by Type (Wire-mesh, Vane, Fiber-Bed), End-Use Industry (Oil & Gas, Chemical, Desalination, Power Generation, Pharmaceutical &Medical, Paper & Pulp, Textile, Food & Beverage), Material, Application, Region – Global Forecast to 2025

 “Stringent regulations and growing adoption among end-users are projected to drive the mist eliminators market.” The global mist eliminators market size is projected to grow from USD 953 million in 2020 to USD 1,159 million by 2025, at a compound annual growth rate (CAGR) of 4.0% between 2020 and 2025. Factors, such as stringent regulations pertaining to emission norms, rising adoption in developing countries, growth of the manufacturing sector, increasing production capacity in the chemical industry, and increasing penetration of mist eliminators in coal-fired power plants in developing countries, are supporting the growth of the mist eliminators market. The US, Germany, France, India, and China are the major markets. Due to the COVID-19 pandemic, the demand for mist eliminators ......
$4950

Public Private Partnership (PPP) in the Middle East and North Africa 2021 and beyond – MEED Insights

Public Private Partnership (PPP) in the Middle East and North Africa 2021 and beyond - MEED Insights Summary Modern infrastructure and world-class public services are central to the national visions being pursued across the Middle East and North Africa (Mena), as governments try to meet the needs of growing populations. Equally important, is the goal to grow private sector participation in driving growth and creating jobs. Executed properly, public private partnerships (PPP) will deliver these goals. PPPs provide a model that allows governments to continue developing strategic projects and services without the need to increase direct state capital spending. At the same time, a reliable flow of well structured, commercially attractive PPP projects will stimulate private investment and e......
$3000

Global Construction Outlook to 2024 (Q3 2020 Update)

Global Construction Outlook to 2024 (Q3 2020 Update) Summary The Global construction industry remains under intense stress amid the COVID-19 crisis. Restrictions on economic activity and country-level lockdowns were widely eased during Q3 2020, and there have been indications that construction output has started to recover from the historic collapse recorded in Q2 2020. There have also been a number of markets that appear to have weathered the COVID-19 crisis better than anticipated, notably the US and Germany. However, the devastating impact that the crisis is having on company earnings and household incomes will continue to constrain investment during the remainder of 2020 and through 2021. GlobalData currently expects global construction output to contract by 3.1% in 2020, and exclud......
$4950

Philippines Packaging Industry – Trends and Opportunities

Philippines Packaging Industry - Trends and Opportunities Summary The Philippines packaging industry was valued 58.7 billion units in 2019 is further anticipated to grow significantly in the years to come. Rigid plastics packaging was the fastest growing pack material between the period 2014-2019. Flexible packaging accounted for the largest share in the packaging industry, followed by glass and rigid plastics packaging in 2019. In the same year, food and non-alcoholic beverages were the leading industries by market share in terms of pack materials. With people getting aware about the environmental impact of packaging materials, along with their hectic lifestyle that demands convenience, consumers prefer products with convenient and sustainable packaging, which in turn is anticipated to ......
$3120

Romania Packaging Industry – Trends and Opportunities

Romania Packaging Industry - Trends and Opportunities Summary The Romanian packaging industry valued 20.6 billion units in 2019 and is further anticipated to grow significantly in the years to come. Flexible packaging accounted for the largest share in the packaging industry while Rigid Plastics was the fastest growing pack material in 2019. In the same year, food and alcoholic beverages were the leading industries by market share in terms of pack materials. With increasing busier consumer lifestyle, there is a upsurge in demand for products which offer convenience, comfort and portability to consumers, which in turn is expected to witness a surge in demand for such packaging materials. This report brings together multiple data sources to provide a comprehensive overview of the Romanian......
$3120

United Arab Emirates (UAE) Packaging Industry – Trends and Opportunities

United Arab Emirates Packaging Industry - Trends and Opportunities Summary The UAE packaging industry valued 10.7 billion units in 2019 and is further expected to grow significantly in the years to come. Rigid plastic packaging accounted for the largest share in the packaging industry and was also the fastest growing pack material in 2019. In the same year, non-alcoholic beverages and food were the leading industries by market share in terms of pack materials. Consumers are increasingly preferring the use of products with convenient and sustainable packaging benefits, which in turn is anticipated to witness a surge in demand for packaging materials. This report brings together multiple data sources to provide a comprehensive overview of the UAE packaging market. It includes market overv......
$3120
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy