Process Automation and Instrumentation Market

Date: 6/8/2015

Process Automation and Instrumentation Market by SCADA, PLC, DCS, MES Technology and Chemical, Oil & Gas, Solar, Metal, Water & Waste, Energy, Food, & Automotive Applications

The Growth of Process Automation and Instrumentation Is Estimated To Be 6.08% from 2014 to 2020, And Forecasted To Reach Market Revenue of $180 Billion In 2020

  • By: marketsandmarkets.com
  • Publishing Date: May 2014
  • Report Code: SE 2461

Process Automation and Instrumentation MarketDue to the technological innovations and increased demand on the process control systems, the process automation market is gaining advantage in the recent years. The growth of process automation and instrumentation is estimated to be 6.08% from 2014 to 2020, and forecasted to reach market revenue of $180 billion in 2020. This escalation is developing the need to analyze, review and to forecast the growth of the market. Energy efficient, optimization of asset utilization, cost efficient, reduction into engineering time are some factors that are increasing the popularity of process instrumentation and automation amongst the key players of industries.

The report provides details of the trends and growth prospects for the process automation market in the years to come. The process automation and instrumentation are very important as they increase sustainability in terms of resource efficiency and energy cost. They allows flexible manufacturing and better asset management. Major technologies covered under it are DCS, PLC, SCADA, and MES. On the other hand, process instrumentation includes instrumentation like flow transmitter, temperature transmitter, pressure transmitter, level transmitter and control valves.

The process automation is a revolutionary taxonomy of various technologies like SCADA, PLC, DCS, and MES, which include field instruments and Enterprise Resource Planning (ERP) technology, among others. The process automation solutions optimize the productivity and efficiency of the various stages of production, under various verticals like wastewater treatment, pharmaceutical, oil & gas extraction and petrochemicals, among others.

The major driving factors for the market, which are expected to pay rich dividends in the coming years, include the need for energy efficiency, government incentive schemes for the manufacturing industry, and the upsurge in the labor charges.

The market has been segmented as discussed below:

  • Market by technology: By technology the segments includes SCADA, PLC, DCS, MES and others.
  • Market by component: The component segment divided into hardware, software and services. The hardware part is sub-segmented into controllers, switches, RTU, HMI, I/O cards. Software is discussed as standalone only. Service market subdivided into asset management, external engineering, outsourcing and so on.
  • Market by communication: Market by communication protocols segmented into two types: wired protocols and wireless protocols. Wired protocols sub-segmented into Standard analog, 4-20 MA+HART, Profibus, Foundation Field Bus, Modbus. Wireless protocols sub-segmented into Wireless HART, ISA 100.
  • Market by transmitter: Process Instrumentation Market is sub-divided into Flow Transmitter, Temperature Transmitter, Pressure Transmitter, Level Transmitter, Control Valves and Positioners.
  • Market by application: The application part of the report has been classified into Chemical Manufacturing, Paper & Cellulose, Metals, Water & Waste Water Treatment, Pharmaceutical, Energy, Food, Oil & Gas, Glass & Solar, Automotive and others.

Major companies that are covered in this report are ABB Ltd. (Switzerland), Danaher Corporation (U.S.), Emerson Electric Company (U.S.), Honeywell International Inc. (U.S.), Mitsubishi Electric Corporation (Japan), Omron Corporation (Japan), Rockwell Automation Inc. (U.S.), Schneider Electric SA (France), Siemens AG (Germany), Yokogawa Electric Corporation (Japan).

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Process Automation Industrial HMI PanelsAmerican Industrial Systems, Inc. (AIS) the leader in open architecture, PC-based HMI touch panels, Industrial panel PCs (IPCs), HMI Systems and touch-screen interfaces for a broad range of industrial, commercial and manufacturing industries, now offers their Industrial Process Automation HMI Touch Panels. The new Industry 4.0 HMI, Process Automation touchscreen interfaces and devices from AIS are suited to serve a wide range of Process Automation and control applications including: Chemical Manufacturing, Paper & Cellulose, Metals, Water & Waste Water Treatment, Pharmaceutical, Energy, Food, Oil & Gas, Glass & Solar, Automotive and others.

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