Process Automation and Instrumentation Market
Process Automation and Instrumentation Market - Global Industry Assessment & Forecast
#
Pages:
223
2024
Nov - 2024
VMR-VMR-2021-0274
Segments Covered
By
Type Process Automation, Process Instrumentation
-
By
Application Oil and gas industry, Power, Chemical and petrochemical, Water and wastewater
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2024 |
| Forecast
Years:
|
2025 - 2034 |
 Historical
Years:
|
2019 - 2023 |
 Revenue
2024: |
USD 73.60 Billion |
 Revenue 2034:
|
USD 98.68 Billion |
 Revenue CAGR
(2025 - 2034): |
3.0% |
Fastest Growing Region (2025 -
2034)
|
XX |
Largest Region (2024):
|
XX |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Process Automation and Instrumentation Market by Type by Application by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
FAQ
Frequently Asked Question
What is the global demand for Process Automation and Instrumentation in terms of revenue?
-
The global Process Automation and Instrumentation valued at USD 73.60 Billion in 2024 and is expected to reach USD 98.68 Billion in 2034 growing at a CAGR of 3.0%.
Which are the prominent players in the market?
-
The prominent players in the market are Schneider Electric SA (France), Emerson Electric Company (U.S.), Siemens AG (Germany), Yokogawa Electric Corporation (Japan), Mitsubishi Electric Corporation (Japan), Honeywell International Inc. (U.S.), ABB Ltd., Omron Corporation (Japan), Rockwell Automation Inc. (U.S.)..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 3.0% between 2025 and 2034.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Process Automation and Instrumentation include
Which region accounted for the largest share in the market?
-
XX was the leading regional segment of the Process Automation and Instrumentation in 2024.
