Manufacturing and Construction Reports by Million Insights Process Automation and Instrumentation Market Regi | Page 2

Based on a solution, SCADA, APC, Safety Automation, DCS, PLC, HMI, MES, and others could classify process
automation and instrumentation in the forecast period. The manufacturing execution system (MES) sector
accounted for the substantial market share of process automation and instrumentation and is estimated to lead the
overall market in the years to come. The reason behind the segment growth could be its capacity to perform
multiple activities.
The market may be categorized based on end users like water & wastewater, chemicals, pulp & paper, energy &
power, pharmaceuticals, food & beverages, oil & gas, metals & mining, and. The energy and power sector
accounted for the significant market share of process automation and instrumentation and is estimated to continue
its dominance in the years to come.
Globally, North America accounted for the significant market share of process automation and instrumentation and
is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be
enhancements in next-generation technologies, widespread deployment of IoT and communication technologies,
and the presence of key manufacturers in this region. The United States and Canada are the major consumers of
process automation and instrumentation in this region.
Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. However, Asia
Pacific is estimated to grow at the highest CAGR in the forecast period. The aspects that may be ascribed to the
growth comprise rising investment in energy infrastructure and growing demand for policy and electricity makers
push for improved power reliability.
The key players of process automation and instrumentation market are Siemens, ABB, Schneider Electric, Emerson
Electric, Rockwell Automation, Honeywell, OMRON, and Mitsubishi Electric. These players are concentrating on
inorganic growth to sustain themselves amidst fierce competition.
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Market Segment:
The following manufacturers are covered in this report:
• ABB
• Emerson Electric
• Honeywell