Process Control Automation Global Market Report 2024

Global Process Control Automation Market Report 2024

Process Control Automation Global Market Report 2024 – By Instrument Type (Humidity Transmitter, Temperature Transmitter, Pressure Transmitter, Level Transmitter, Control Valves, Analyzers, Communication Hardware, Other Instrument Types), By Solution (Programmable Logic Controller (PLC), Distributed Control System (DCS), Manufacturing Execution Systems (MES), Supervisory Control And Data Acquisition (SCADA), Automated Production System (APS), Operator Training Systems (OTS), Safety Automation, Other Solutions), By Industry Vertical (Oil And Gas, Chemical, Pharmaceutical, Food And Beverage, Metal And Mining, Power, Pulp And Paper, Water And Wastewater, Other Industry Verticals) – Market Size, Trends, And Global Forecast 2024-2033

Name: Process Control Automation Global Market Report 2024
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Process Control Automation Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 175 | Published : October 2024 | Delivery Time: 2-3 business days | Format : pdf

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Process Control Automation Global Market Report 2024

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Process Control Automation Market Definition

Process control automation refers to the process of using technology and systems to monitor and adjust industrial processes automatically to achieve a desired output. It involves implementing control systems that manage various aspects of a production process without direct human intervention by minimizing waste, reducing downtime, and enhancing product quality.

The main process control automation instruments are humidity transmitter, temperature transmitter, pressure transmitter, level transmitter, control valves, analyzers, communication hardware and others. The various solutions involved are programmable logic controller (PLC), distributed control system (DCS), manufacturing execution systems (MES), supervisory control and data acquisition (SCADA), automated production system (APS), operator training systems (OTS), safety automation, other solutions used in various industries including oil and gas, chemical, pharmaceutical, food and beverage, metal and mining, power, pulp and paper, water and wastewater and others.

Process Control Automation Market Segmentation

The process control automation market covered in this report is segmented –

1) By Instrument Type: Humidity Transmitter, Temperature Transmitter, Pressure Transmitter, Level Transmitter, Control Valves, Analyzers, Communication Hardware, Other Instrument Types

2) By Solution: Programmable Logic Controller (PLC), Distributed Control System (DCS), Manufacturing Execution Systems (MES), Supervisory Control And Data Acquisition (SCADA), Automated Production System (APS), Operator Training Systems (OTS), Safety Automation, Other Solutions

3) By Industry Vertical: Oil And Gas, Chemical, Pharmaceutical, Food And Beverage, Metal And Mining, Power, Pulp And Paper, Water And Wastewater, Other Industry Verticals

Global Process Control Automation Market Size 2023 to 2028: Graph

Process Control Automation Market Size 2024 And Growth Rate

The process control automation market size has grown steadily in recent years. It will grow from $59.86 billion in 2023 to $62.71 billion in 2024 at a compound annual growth rate (CAGR) of 4.8%. The growth in the historic period can be attributed to industry 4.0 revolution in the manufacturing sector, growing need to achieve process optimization in lesser time, rising rate of the population entering the middle and upper classes, reduction of operating costs with the advent of IoT, implementation of new policies and regulations.

Process Control Automation Market Growth Forecast

The process control automation market size is expected to see strong growth in the next few years. It will grow to $76.80 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to expansion of manufacturing sector, increasing demand for automation in industries, increasing demand for machines, increasing number of government initiatives, increasing use of remote operations. Major trends in the forecast period include technological advancements, use of advanced software, development of process automation companies, product innovation, adoption of automation technologies.

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Process Control Automation Market Driver: Manufacturing Sector Expansion Fuels Growth In Process Control Automation Market

The expansion of the manufacturing sector is expected to propel the growth of the process control automation market going forward. The manufacturing sector refers to the portion of the economy producing goods through various processes, such as machining, fabrication, assembly, or chemical processing. The manufacturing sector is expanding due to economic growth, government policies and incentives, consumer demand and preferences, and supply chain resilience. Process control automation plays a crucial role in manufacturing by enhancing efficiency, quality, productivity, flexibility, safety, and cost-effectiveness. It enables manufacturers to remain competitive in an increasingly complex and dynamic business environment. For instance, in August 2023, according to a report published by the National Association of Manufacturers (NAM), a US-based manufacturer association, manufacturing value-added production exhibited yearly growth from $2.905 trillion in the first quarter of 2023 to $2.895 trillion in the fourth. Manufacturing made up 10.9% of the value-added output in the first quarter of the US economy. Therefore, the expansion of the manufacturing sector is driving the growth of the process control automation market.

Global Process Control Automation Market Major Players

Major companies operating in the process control automation market are Mitsubishi Electric Corporation, Robert Bosch GmbH, Siemens AG, General Electric Company, Schneider Electric SE, Danaher Corporation, ABB Ltd., Eaton Corporation Plc, Kawasaki Heavy Industries Ltd., Emerson Electric Co., Delta Electronics Inc., Honeywell International Inc., Rockwell Automation Inc., Omron Corporation, KUKA AG, Yokogawa Electric Corporation, Endress+Hauser AG, AVEVA Group Plc, Pepperl+Fuchs SE, Invensys Limited, IDEC Corporation, Aspen Technology Inc., Rudolph Technologies Inc., Carlo Gavazzi Holding AG, Inductive Automation LLC, Beckhoff Automation, Hawk Measurement Systems, Maple Systems Inc., AlpHa Measurement Solutions LLC

Global Process Control Automation Market Trend: Innovative Technologies Driving Advancements In Process Control Automation Market

Major companies operating in the process control automation market are developing advanced software-centric industrial automation systems, such as EcoStruxure Automation Expert, to serve customers with advanced features better. EcoStruxure Automation Expert is software-centric industrial automation software that controls and manages various aspects of industrial processes and machinery. It is used to automate and optimize tasks traditionally performed by human operators or mechanical systems. For instance, in December 2022, Schneider Electric, a France-based digital automation company, launched the EcoStruxure Automation Expert. The unique features of EcoStruxure Automation Expert offer consumer-packaged goods, logistics, and water and wastewater operations unparalleled automation capabilities and operational flexibility. These include expanded libraries for segment functions and energy management devices, an improved user experience in the build time tool, enhanced built-in cybersecurity measures, and support for additional engineering input formats like DEXPI and Excel. Moreover, the solution offers language support in Chinese, English, French, German, Italian, Portuguese, and Spanish, along with enriched documentation.

Process Control Automation Market Merger And Acquisition:

PA Strengthens Smart Automation Portfolio Through Acquisition Of ITA.CA Engineering S.r.l.

In January 2024, Process Automation Solutions (PA), a Germany-based digitalization and automation solutions provider, acquired ITA.CA Engineering S.r.l. for an undisclosed amount. With this acquisition, PA strengthens its value proposition in smart automation within the process industry by integrating ITACA capabilities. ITA.CA Engineering S.r.l. is an Italy-based provider of process control automation.

Regional Outlook For The Global Process Control Automation Market

Asia-Pacific was the largest region in the process control automation market in 2023. The regions covered in the process control automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the process control automation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The process control automation market consists of revenues earned by entities by services such as system integration, business process automation, consulting services and hardware implementation. The market value includes the value of related goods sold by the service provider or included within the service offering. The process control automation market also includes sales of measurement instrumentation, control and safety systems, asset performance management tools and regulators. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The process control automation market research report is one of a series of new reports from The Business Research Company that provides process control automation market statistics, including process control automation industry global market size, regional shares, competitors with a process control automation market share, detailed process control automation market segments, market trends and opportunities, and any further data you may need to thrive in the process control automation industry. This process control automation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Process Control Automation Market Report Forecast and Analysis

Report Attribute	Details
Market Size Value In 2024	$62.71 billion
Revenue Forecast In 2033	$76.80 billion
Growth Rate	CAGR of 5.2% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Instrument Type: Humidity Transmitter, Temperature Transmitter, Pressure Transmitter, Level Transmitter, Control Valves, Analyzers, Communication Hardware, Other Instrument Types 2) By Solution: Programmable Logic Controller (PLC), Distributed Control System (DCS), Manufacturing Execution Systems (MES), Supervisory Control And Data Acquisition (SCADA), Automated Production System (APS), Operator Training Systems (OTS), Safety Automation, Other Solutions 3) By Industry Vertical: Oil And Gas, Chemical, Pharmaceutical, Food And Beverage, Metal And Mining, Power, Pulp And Paper, Water And Wastewater, Other Industry Verticals
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Mitsubishi Electric Corporation; Robert Bosch GmbH; Siemens AG; General Electric Company; Schneider Electric SE; Danaher Corporation; ABB Ltd; Eaton Corporation Plc; Kawasaki Heavy Industries Ltd; Emerson Electric Co; Delta Electronics Inc; Honeywell International Inc; Rockwell Automation Inc; Omron Corporation; KUKA AG; Yokogawa Electric Corporation; Endress+Hauser AG; AVEVA Group Plc; Pepperl+Fuchs SE; Invensys Limited; IDEC Corporation; Aspen Technology Inc; Rudolph Technologies Inc; Carlo Gavazzi Holding AG; Inductive Automation LLC; Beckhoff Automation; Hawk Measurement Systems; Maple Systems Inc; AlpHa Measurement Solutions LLC
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Process Control Automation Market Characteristics

3. Process Control Automation Market Trends And Strategies

4. Process Control Automation Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Process Control Automation Market Size and Growth

5.1. Global Process Control Automation Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Process Control Automation Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Process Control Automation Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Process Control Automation Market Segmentation

6.1. Global Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Humidity Transmitter

Temperature Transmitter

Pressure Transmitter

Level Transmitter

Control Valves

Analyzers

Communication Hardware

Other Instrument Types

6.2. Global Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Programmable Logic Controller (PLC)

Distributed Control System (DCS)

Manufacturing Execution Systems (MES)

Supervisory Control And Data Acquisition (SCADA)

Automated Production System (APS)

Operator Training Systems (OTS)

Safety Automation

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Process Control Automation Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Process Control Automation Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Mitsubishi Electric Corporation Financial Performance

Table 75: Robert Bosch GmbH Financial Performance

Table 76: Siemens AG Financial Performance

Table 77: General Electric Company Financial Performance

Table 78: Schneider Electric SE Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Process Control Automation Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Process Control Automation Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Process Control Automation Market, Segmentation By Instrument Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Process Control Automation Market, Segmentation By Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Process Control Automation Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Mitsubishi Electric Corporation Financial Performance

Figure 75: Robert Bosch GmbH Financial Performance

Figure 76: Siemens AG Financial Performance

Figure 77: General Electric Company Financial Performance

Figure 78: Schneider Electric SE Financial Performance

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Frequently Asked Questions

What is the definition of the process control automation market?

How will the process control automation market drivers and restraints affect the process control automation market dynamics? What forces will shape the process control automation industry going forward?

The process control automation market major growth driver - Manufacturing Sector Expansion Fuels Growth In Process Control Automation Market. For further insights on the process control automation market, request a sample here

What is the forecast market size or the forecast market value of the process control automation market?

The process control automation market size has grown steadily in recent years. It will grow from $59.86 billion in 2023 to $62.71 billion in 2024 at a compound annual growth rate (CAGR) of 4.8%. The growth in the historic period can be attributed to industry 4.0 revolution in the manufacturing sector, growing need to achieve process optimization in lesser time, rising rate of the population entering the middle and upper classes, reduction of operating costs with the advent of IoT, implementation of new policies and regulations. The process control automation market size is expected to see strong growth in the next few years. It will grow to $76.80 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to expansion of manufacturing sector, increasing demand for automation in industries, increasing demand for machines, increasing number of government initiatives, increasing use of remote operations. Major trends in the forecast period include technological advancements, use of advanced software, development of process automation companies, product innovation, adoption of automation technologies. For further insights on the process control automation market, request a sample here

How is the process control automation market segmented?

The process control automation market is segmented
1) By Instrument Type: Humidity Transmitter, Temperature Transmitter, Pressure Transmitter, Level Transmitter, Control Valves, Analyzers, Communication Hardware, Other Instrument Types
2) By Solution: Programmable Logic Controller (PLC), Distributed Control System (DCS), Manufacturing Execution Systems (MES), Supervisory Control And Data Acquisition (SCADA), Automated Production System (APS), Operator Training Systems (OTS), Safety Automation, Other Solutions
3) By Industry Vertical: Oil And Gas, Chemical, Pharmaceutical, Food And Beverage, Metal And Mining, Power, Pulp And Paper, Water And Wastewater, Other Industry VerticalsFor further insights on the process control automation market, request a sample here

Which region has the largest share of the process control automation market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the process control automation market in 2023. The regions covered in the process control automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on the process control automation market, request a sample here.

Who are the major players in the process control automation market?

What are the key trends in the process control automation market?

Major trend in the process control automation market - Innovative Technologies Driving Advancements In Process Control Automation Market. For further insights on the process control automation market, request a sample here.

What are the major opportunities in the process control automation market? What are the strategies for the process control automation market?

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How does the process control automation market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the process control automation industry?

For detailed insights on the mergers and acquisitions in the process control automation industry, request a sample here.

What are the key dynamics influencing the process control automation market growth? SWOT analysis of the process control automation market.

For detailed insights on the key dynamics influencing the process control automation market growth and SWOT analysis of the process control automation industry, request a sample here.