Global Process Automation Market (2013 – 2018) august 2014 | Page 12
Emerson Electric Co. (U.S.), Yokogawa Electric Corporation, Inc. (Japan) and Endress+Hauser
(Switzerland), among others. The APAC region is expected to rejuvenate the process automation
market owing to the escalated demands from the oil and gas extraction, wastewater treatment,
and pharmaceutical verticals.
Innovative products and services are gradually capturing the Industrial Automation market.
Companies such as Sick AG are offering better miniature sensors to which are affordable and
productive. Siemens who already have strong market in Asia are increasing production due to
demand for automation in emerging countries like India.
The report is segmented based product types, end use verticals and geographic regions. The
market share analysis, strategies and future opportunities are also discussed in the report. The
service market has been aiding the market in earning significant revenues apart from the
hardware and software sales, with an augmented segment of the end-users, preferring the
maintenance and outsourcing services instead of the in-house purchase and the subsequent
maintenance.
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