New York, NY -- (SBWire) -- 11/15/2017 --The analysts forecast the global process automation and instrumentation market to grow at a CAGR of 6.7% during the period 2016-2020.
Process automation and instrumentation help companies to optimize business outcomes by effectively controlling production processes. Automation solutions such as DCS, PLC, SCADA, and MES enable effective controlling and monitoring of production processes and reduce plant downtimes, which serve to boost productivity. Instrumentation products such as control valves and transmitters are extensively used in process industries such as oil and gas, power, and water and wastewater treatment for calibration and measurement applications.
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Covered in this report
The report covers the present scenario and the growth prospects of the global process automation and instrumentation market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of automation and instrumentation products to the following process industries:
- Oil and gas
- Power
- Water and wastewater
- Chemical and petrochemical
The report, Global Process Automation and Instrumentation Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- ABB
- Honeywell
- Mitsubishi Electric
- Siemens
Other prominent vendors
- Emerson
- Danaher
- Omron
- Rockwell
- Schneider
- Yokogawa.
Market driver
- Need for efficient use of resources and reduction of emissions
- For a full, detailed list, view our report
Market challenge
- Lack of skilled labor
- For a full, detailed list, view our report
Market trend
- Shift to cloud computing
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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Table Of Contents – Major Key Points
PART 01: Executive summary
- Highlights
PART 02: Scope of the report
- Market overview
- Report assumptions
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
PART 05: Market landscape
- Market overview
- Five forces analysis
PART 06: Market segmentation by product
- Market overview: Process automation
- Market overview: Process instrumentation
PART 07: Market segmentation by end-users
- Global process automation and instrumentation market by end-users
PART 08: Geographical segmentation
- Global process automation and instrumentation market by geography
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
- Competitive scenario
- Other prominent vendors
PART 15: Key vendor analysis
- ABB
- Honeywell International
- Mitsubishi Electric
- Siemens
Continue…….
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Process Automation and Instrumentation 2017 Global Market Expected to Grow at CAGR 6.7% and Forecast to 2020
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