Global Automation & Instrumentation Is Set For A Rapid Growth And Is Expected To Surpass The USD 86.43 Billion By 2028

The Global Automation And Instrumentation market accounted for more than USD 66.6 Billion in 2020 and is expected to reach USD 86.4 Billion by 2028, growing at a CAGR of around 3.4% between 2021 and 2028.   

The report covers forecast and analysis for the Automation & Instrumentation on a global and regional level. The study provides historic data of 2016-2019 along with a forecast from 2021 to 2028 based on both volume (thousand units) and revenue (USD million). The study includes drivers and restraints for the Automation & Instrumentation along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in Automation & Instrumentation on a global level.

In order to give the users of this report a comprehensive view on the Automation & Instrumentation, we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the Automation & Instrumentation has also been included. The study encompasses a market attractiveness analysis, wherein type segments are benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view on the Automation & Instrumentation by segmenting the market based on product type and sales type. All the product type and sales-type segments have been analyzed based on present and future trends and the market is estimated from 2021 to 2028. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and the Middle East & Africa with its bifurcation into major countries including U.S., Germany, UK, China, Japan, India, and Brazil. This segmentation includes demand for individual applications in all the regions.

The Asia Pacific is anticipated to witness considerable growth due to upstream end-use industries in countries like China, India Brazil, and Russia. Moreover, high demand from these countries also impacts the expansion of the market in an appositive way.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global Automation & Instrumentation. Key players profiled in the report include Emerson Electric Co., BB Ltd., Yokogawa Electric Corp., and Honeywell International Inc. Other major players influencing the global market are Siemens AG, Mitsubishi Electrical Corp, and Rockwell Automation.

Browse the full “Automation And Instrumentation Market by Instrument (Field Instrument, Control Valve, Analytical Instrument), Solution (APC, DCS, HMI, MES, PLC, Functional Safety, SCADA): Global Industry Perspective, Comprehensive Analysis And Forecast, 2021 – 2028.” Report at https://www.zionmarketresearch.com/report/automation-and-instrumentation-market

This report segments the global Automation & Instrumentation as follows:

By Instrument

• Field Instrument
• Control Valve
• Analytical Instrument

By Solution

• PLC
• DCS
• SCADA
• HMI
• Functional Safety
• APC
• MES

By Industry

• Pharmaceuticals
• Chemicals
• Energy & Power
• Oil & Gas
• Metals & Mining
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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