Process Automation & Instrumentation: Global Strategic Business Report

Global Process Automation & Instrumentation Market to Reach $91.1 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Process Automation & Instrumentation estimated at US$58.6 Billion in the year 2020, is projected to reach a revised size of US$91.1 Billion by 2027, growing at a CAGR of 6.5% over the analysis period 2020-2027. Field Instruments, one of the segments analyzed in the report, is projected to record 6.1% CAGR and reach US$54.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Process Analyzers segment is readjusted to a revised 7.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $16 Billion, While China is Forecast to Grow at 10.3% CAGR

The Process Automation & Instrumentation market in the U.S. is estimated at US$16 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$19.5 Billion by the year 2027 trailing a CAGR of 10.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 5.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR.

Select Competitors (Total 36 Featured) -

• Abb Ltd
• Ametek
• Azbil
• Burkert
• Delta Electronics
• Emerson
• Endress+Hauser
• Fuji Electric
• General Electric
• Hach
• Hima
• Hitachi
• Hollysys
• Honeywell
• Krohne
• Mitsubishi Electric
• Omron
• Rockwell Automation
• Schneider Electric
• Shimadzu
• Siemens
• Thermo Fisher Scientific
• Wika
• Xylem
• Yokogawa

What's New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year