Process Automation Market Growth 9.4%, Size, Share, Application, Top Players, On-Going Trends, Revenue and 2026 Forecast
Global Process Automation Market 2019 by Manufacturers, Regions, Type, Application and Forecast to 2025 has adopted a consistent way to evaluate the dynamics of the overall market. The report expects the solid future growth of the market in its geological and item portions. Global Process Automation market report explains industry situations on large scale at the current time, giving you the market developments tendencies, progression, and market size approximations. It has provided a top-to-bottom research or you can say a comprehensive study on the Process Automation market dynamics such as growth drivers, threats, opportunities, challenges with a key focus on both global and the regional market.
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Global Process Automation Market is expected to grow at a CAGR of 9.4% during the forecast period. Improved focus on manufacturing in developing economies, technological innovations and growing adoption of robotics are some of the factors fueling the market growth. However, shortage of skilled workforce and security concerns are hindering the market.
Process automation industries have been into continuation for a long time. The advance in automation systems has taken the process industries to a next level in terms of time management, production quality, energy efficiency and optimization of process. It generally follows five layered architecture in which I/O systems is at lowest level then PLC then SCADA followed by MES and ERP respectively. These five layers together form process automation.
Some of the key players profiled in the Process Automation Market include Siemens AG, ABB Ltd, Honeywell International Inc, Schneider Electric, Danaher Corporation, Mitsubishi Electric Corporation, Emerson Electric Co, Ametek Inc, Rockwell Automation, Teledyne Technologies Inc, Yamatake Corporation, Omron Corporation, Robert Bosch GmBH, Texas Instruments, Inc. and Eaton Corporation.
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Based on end user, paper and pulp industry has significant growth during the forecast period due to it required high utilization of raw material during a lot of process with close monitoring of temperature and chemical content and the process automation allows to achieve the same from one location through the process automation. By geography, North America has the largest market share during the forecast period owing to the major developments surrounding the emerging technologies.
Valves, Actuators and Positioners Covered:
• Actuators
• Valves
• Positioners
Modules Covered:
• Switches
• Input/Output Cards
• Controllers
• Software Systems
• Process Automation Services
• Instrumentation & Controls
Communication Protocols Covered:
• Wireless Protocol
• Wired Protocol
End Users Covered:
• Food and Beverages
• Oil and Gas
• Chemical and Petrochemical
• Water and Wastewater Treatment
• Paper and Pulp
• Pharmaceutical
• Energy and Utilities
• Automotive
• Packaging
• Metals industry
• Other End Users
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Major Points Covered in Table of Contents:-
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 End User 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 Market, By Valves, Actuators and Positioners
6 Global Process Automation Market, By Modules
7 Global Process Automation Market, By Communication Protocol
7.1 Introduction
7.2 Wireless Protocol
7.3 Wired Protocol
8 Global Process Automation Market, By End User
9 Global Process Automation Market, By Geography
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
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