The growing demand for automated processes and instruments from large enterprises along with rising adoption of internet of things (IoT) across various industries are some of the key factors driving the growth of process automation and instrumentation market. Process automation is a technology-enabled automation of complex and repetitive manual processes. By simplifying and streamlining organizational process, process automation and instrumentation optimizes collaboration between resources, increases productivity, provides transparency, reduces cost, and assures compliance.

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the process automation and instrumentation market has been segmented into chemicals & pharmaceuticals, manufacturing, metals & mining, water & wastewater, energy & utilities, food & beverages, oil & gas and others (including pulp & paper and hospitality). The oil & gas category was the largest adopter of process automation and instrumentation products and services, recorded in 2017. The growing demand for petroleum products such as petrol, diesel and natural gas has led to rise in exploration and extraction activities, as well as upgradation of existing oil and gas rigs. These are among the major factors pushing the demand for process automation and instrumentation in the global market.

The process automation and instrumentation market for energy & utilities is expected to register highest CAGR during the forecast period. The industry is pushing for increasing efficiency and reducing emissions owing to stringent norms across the globe. Process automation provides efficient input and output energy management, thereby helping the industry towards its goal.

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The increasing focus of companies to improve efficiency as well as reduce operating costs across various industries is one of the major drivers behind the process automation and instrumentation market growth. Organizations around the globe are exhibiting stringent emission control regulations as well as efficiency norms sanctioned by various individual and governmental organizations.

The report will provide country-wise process automation and instrumentation market analysis. Some of the major countries that is covered in the report include U.S., Canada, U.K., Germany, France, Italy, Russia, China, Japan, India, Australia, South Korea, UAE, Saudi Arabia, South Africa, Turkey, Brazil, Mexico.