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Rising demand for Oil and Gas is driving the Global Process Automation and Instrumentation Market is at 5.33% CAGR by 2026

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Rising demand for Oil and Gas is driving the Global Process Automation and Instrumentation Market is at 5.33% CAGR by 2026

October 21
17:50 2019
According to the new market research report launched by Inkwood Research, The Global Process Automation and Instrumentation Market was valued around $70,230 million in 2018 and is anticipated to hit nearly $112,226 million by 2027, at an estimated CAGR of 5.33%, during the forecast period 2018-2026.

Browse 37 market data Tables and 47 Figures spread through 255 Pages and in-depth analysis on Global Process Automation and Instrumentation market by Technology (Distributed Control System (Dcs), Programmable Logic Controller (Plc), Supervisory Control and Data Acquisition (Scada), Automation and Control Systems (Acs), Manufacturing Execution Systems (Mes), Safety Instrumented Systems (Sis) and Other Technology), by Instruments (Field Instruments, Control Valves & Positioners, Communication, Other Instruments), by Type of Solution (Hardware, Software, Services), by Application (Oil & Gas, Automotive, Paper & Pulp, Chemical & Petrochemical, Water & Wastewater Treatment, Energy & Utilities, Pharmaceutical, Food, Tobacco, and Beverages and Other Applications), and by Geography.

This insightful market research report from Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, and Rest of World, the report is a valuable asset for the existing players, new entrants, and future investors. The study presents detailed market analysis with inputs derived from industry professionals across the value chain.

 

Process Automation and Instrumentation Management market scenario

The reduced costs and better value for products and services, inclination of growth towards manufacturing sector, rising demand for oil and gas, and the need for software to detect and reduce failures are primarily driving the growth of the Global Process Automation and Instrumentation market.

The Global Process Automation and Instrumentation market report provides data tables, includes charts and graphs for visual analysis.

Request Free Sample Report for Global Process Automation and Instrumentation market by Technology, Instruments, Type of Solution, Application, and Geography. https://www.inkwoodresearch.com/reports/global-process-automation-and-instrumentation-market-forecast-2018-2026/#request-free-sample

 

Market Segmentation

On the basis of Technology, the Global Process Automation and Instrumentation market is segmented as follows:

  • Distributed Control System (Dcs)
  • Programmable Logic Controller (Plc)
  • Supervisory Control And Data Acquisition (Scada)
  • Automation And Control Systems (Acs)
  • Manufacturing Execution Systems (Mes)
  • Safety Instrumented Systems (Sis)
  • Other Technology

 

On the basis of Instruments, the Global Process Automation and Instrumentation market is segmented as follows:

  • Field Instruments
  • Control Valves & Positioners
  • Communication
  • Other Instruments

 

On the basis of Type of Solution, the Global Process Automation and Instrumentation market is segmented as follows:

  • Hardware
  • Software
  • Services

 On the basis of Application, the Global Process Automation and Instrumentation market is segmented as follows:

  • Oil & Gas
  • Automotive
  • Paper & Pulp
  • Chemical & Petrochemical
  • Water & Wastewater Treatment
  • Energy & Utilities
  • Pharmaceutical
  • Food, Tobacco, And Beverages
  • Other Applications

 

Report Highlights
– The report provides a detailed analysis of current and future market trends to identify the investment opportunities
– Market forecasts till 2026, using estimated market values as the base numbers
– Key market trends across the business segments, regions and countries
– Key developments and strategies observed in the market
– Market dynamics such as drivers, restraints, opportunities and other trends
– In-depth company profiles of key players and upcoming prominent players
– Growth prospects among the emerging nations through 2026

Companies Profiled

–         ABB LTD.

–         DANAHER CORPORATION

–         EMERSON ELECTRIC COMPANY

–         GENERAL ELECTRIC CORPORATION (GE)

–         HONEYWELL INTERNATIONAL INC.

–         MITSUBISHI ELECTRIC CORPORATION

–         ROCKWELL AUTOMATION INC.

–         SCHNEIDER ELECTRIC

–         SIEMENS AG

–         TEXAS INSTRUMENTS

 

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Company Name: Inkwood Research
Contact Person: Clive Cooper
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City: Boston
State: MA
Country: United States
Website: https://www.inkwoodresearch.com/