Process Instrumentation Market Size, Share, Growth, Trends, and Forecast 2028

Process Instrumentation Market

Process Instrumentation Market By Instrument (Field Instruments and Process Analyzers), By Solution (PLC, DCS, SCADA, HMI, Functional Safety, and MES), By Industry (Oil & Gas, Chemicals, Pulp & Paper, Pharmaceuticals, Metals & Mining, Food & Beverages, Energy & Power, Water & Wastewater Treatment, and Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 - 2028

Category: Heavy Industry Report Format : PDF Pages: 177 Report Code: ZMR-2229 Published Date: May-2022 Status : Published
Market Size in 2021 Market Forecast in 2028 CAGR (in %) Base Year
USD 17.22 Billion USD 28.1 Billion 8.5% 2021

Table Of Content

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Process Instrumentation Market, (2022 - 2028) (USD Million)
    • 2.2 Global Process Instrumentation Market : snapshot
  • Chapter 3. Global Process Instrumentation Market - Industry Analysis
    • 3.1 Process Instrumentation Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Increasing focus of manufacturing firms on attaining cost-saving and better efficiency
    • 3.3 Market Restraints
      • 3.3.1. High implementation and maintenance costs related to process instrumentation
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Instrument
      • 3.7.2 Market attractiveness analysis By Solution
      • 3.7.3 Market attractiveness analysis By Industry
  • Chapter 4. Global Process Instrumentation Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Process Instrumentation Market: company market share, 2021
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Process Instrumentation Market - Instrument Analysis
    • 5.1 Global Process Instrumentation Market overview: By Instrument
      • 5.1.1 Global Process Instrumentation Market share, By Instrument, 2021 and 2028
    • 5.2 Field Instruments
      • 5.2.1 Global Process Instrumentation Market by Field Instruments, 2022 - 2028 (USD Million)
    • 5.3 Process Analyzers
      • 5.3.1 Global Process Instrumentation Market by Process Analyzers, 2022 - 2028 (USD Million)
  • Chapter 6. Global Process Instrumentation Market - Solution Analysis
    • 6.1 Global Process Instrumentation Market overview: By Solution
      • 6.1.1 Global Process Instrumentation Market share, By Solution, 2021 and 2028
    • 6.2 PLC
      • 6.2.1 Global Process Instrumentation Market by PLC, 2022 - 2028 (USD Million)
    • 6.3 DCS
      • 6.3.1 Global Process Instrumentation Market by DCS, 2022 - 2028 (USD Million)
    • 6.4 SCADA
      • 6.4.1 Global Process Instrumentation Market by SCADA, 2022 - 2028 (USD Million)
    • 6.5 HMI
      • 6.5.1 Global Process Instrumentation Market by HMI, 2022 - 2028 (USD Million)
    • 6.6 Functional Safety
      • 6.6.1 Global Process Instrumentation Market by Functional Safety, 2022 - 2028 (USD Million)
    • 6.7 MES
      • 6.7.1 Global Process Instrumentation Market by MES, 2022 - 2028 (USD Million)
  • Chapter 7. Global Process Instrumentation Market - Industry Analysis
    • 7.1 Global Process Instrumentation Market overview: By Industry
      • 7.1.1 Global Process Instrumentation Market share, By Industry, 2021 and 2028
    • 7.2 Oil & Gas
      • 7.2.1 Global Process Instrumentation Market by Oil & Gas, 2022 - 2028 (USD Million)
    • 7.3 Chemicals
      • 7.3.1 Global Process Instrumentation Market by Chemicals, 2022 - 2028 (USD Million)
    • 7.4 Pulp & Paper
      • 7.4.1 Global Process Instrumentation Market by Pulp & Paper, 2022 - 2028 (USD Million)
    • 7.5 Pharmaceuticals
      • 7.5.1 Global Process Instrumentation Market by Pharmaceuticals, 2022 - 2028 (USD Million)
    • 7.6 Metals & Mining
      • 7.6.1 Global Process Instrumentation Market by Metals & Mining, 2022 - 2028 (USD Million)
    • 7.7 Food & Beverages
      • 7.7.1 Global Process Instrumentation Market by Food & Beverages, 2022 - 2028 (USD Million)
    • 7.8 Energy & Power
      • 7.8.1 Global Process Instrumentation Market by Energy & Power, 2022 - 2028 (USD Million)
    • 7.9 Water & Wastewater Treatment
      • 7.9.1 Global Process Instrumentation Market by Water & Wastewater Treatment, 2022 - 2028 (USD Million)
    • 7.10 Others
      • 7.10.1 Global Process Instrumentation Market by Others, 2022 - 2028 (USD Million)
  • Chapter 8. Process Instrumentation Market - Regional Analysis
    • 8.1 Global Process Instrumentation Market Regional Overview
    • 8.2 Global Process Instrumentation Market Share, by Region, 2021 & 2028 (USD Million)
    • 8.3. North America
      • 8.3.1 North America Process Instrumentation Market, 2022 - 2028 (USD Million)
        • 8.3.1.1 North America Process Instrumentation Market, by Country, 2022 - 2028 (USD Million)
    • 8.4 North America Process Instrumentation Market, by Instrument, 2022 - 2028
      • 8.4.1 North America Process Instrumentation Market, by Instrument, 2022 - 2028 (USD Million)
    • 8.5 North America Process Instrumentation Market, by Solution, 2022 - 2028
      • 8.5.1 North America Process Instrumentation Market, by Solution, 2022 - 2028 (USD Million)
    • 8.6 North America Process Instrumentation Market, by Industry, 2022 - 2028
      • 8.6.1 North America Process Instrumentation Market, by Industry, 2022 - 2028 (USD Million)
    • 8.4. Europe
      • 8.4.2 Europe Process Instrumentation Market, 2022 - 2028 (USD Million)
        • 8.4.2.1 Europe Process Instrumentation Market, by Country, 2022 - 2028 (USD Million)
    • 8.4 Europe Process Instrumentation Market, by Instrument, 2022 - 2028
      • 8.4.1 Europe Process Instrumentation Market, by Instrument, 2022 - 2028 (USD Million)
    • 8.5 Europe Process Instrumentation Market, by Solution, 2022 - 2028
      • 8.5.1 Europe Process Instrumentation Market, by Solution, 2022 - 2028 (USD Million)
    • 8.6 Europe Process Instrumentation Market, by Industry, 2022 - 2028
      • 8.6.1 Europe Process Instrumentation Market, by Industry, 2022 - 2028 (USD Million)
    • 8.5. Asia Pacific
      • 8.5.3 Asia Pacific Process Instrumentation Market, 2022 - 2028 (USD Million)
        • 8.5.3.1 Asia Pacific Process Instrumentation Market, by Country, 2022 - 2028 (USD Million)
    • 8.4 Asia Pacific Process Instrumentation Market, by Instrument, 2022 - 2028
      • 8.4.1 Asia Pacific Process Instrumentation Market, by Instrument, 2022 - 2028 (USD Million)
    • 8.5 Asia Pacific Process Instrumentation Market, by Solution, 2022 - 2028
      • 8.5.1 Asia Pacific Process Instrumentation Market, by Solution, 2022 - 2028 (USD Million)
    • 8.6 Asia Pacific Process Instrumentation Market, by Industry, 2022 - 2028
      • 8.6.1 Asia Pacific Process Instrumentation Market, by Industry, 2022 - 2028 (USD Million)
    • 8.6. Latin America
      • 8.6.4 Latin America Process Instrumentation Market, 2022 - 2028 (USD Million)
        • 8.6.4.1 Latin America Process Instrumentation Market, by Country, 2022 - 2028 (USD Million)
    • 8.4 Latin America Process Instrumentation Market, by Instrument, 2022 - 2028
      • 8.4.1 Latin America Process Instrumentation Market, by Instrument, 2022 - 2028 (USD Million)
    • 8.5 Latin America Process Instrumentation Market, by Solution, 2022 - 2028
      • 8.5.1 Latin America Process Instrumentation Market, by Solution, 2022 - 2028 (USD Million)
    • 8.6 Latin America Process Instrumentation Market, by Industry, 2022 - 2028
      • 8.6.1 Latin America Process Instrumentation Market, by Industry, 2022 - 2028 (USD Million)
    • 8.7. The Middle-East and Africa
      • 8.7.5 The Middle-East and Africa Process Instrumentation Market, 2022 - 2028 (USD Million)
        • 8.7.5.1 The Middle-East and Africa Process Instrumentation Market, by Country, 2022 - 2028 (USD Million)
    • 8.4 The Middle-East and Africa Process Instrumentation Market, by Instrument, 2022 - 2028
      • 8.4.1 The Middle-East and Africa Process Instrumentation Market, by Instrument, 2022 - 2028 (USD Million)
    • 8.5 The Middle-East and Africa Process Instrumentation Market, by Solution, 2022 - 2028
      • 8.5.1 The Middle-East and Africa Process Instrumentation Market, by Solution, 2022 - 2028 (USD Million)
    • 8.6 The Middle-East and Africa Process Instrumentation Market, by Industry, 2022 - 2028
      • 8.6.1 The Middle-East and Africa Process Instrumentation Market, by Industry, 2022 - 2028 (USD Million)
  • Chapter 9. Company Profiles
    • 9.1 ABB Ltd (Switzerland)
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 Emerson Electric Co. (US)
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 Siemens (Germany)
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 General Electric Company (US)
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 Schneider Electric (France)
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments

Table Of Figures

  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Process Instrumentation Market, 2022 - 2028 (USD Million)
  • 4. Porter’s Five Forces Analysis
  • 5. Global Process Instrumentation Market attractiveness, By Instrument
  • 6. Global Process Instrumentation Market attractiveness, By Solution
  • 7. Global Process Instrumentation Market attractiveness, By Industry
  • 8. Global Process Instrumentation Market share by Instrument, 2022 and 2028 (USD Million)
  • 9. Global Process Instrumentation Market by Field Instruments, 2022 - 2028 (USD Million)
  • 10. Global Process Instrumentation Market by Process Analyzers, 2022 - 2028 (USD Million)
  • 11. Global Process Instrumentation Market share by Solution, 2022 and 2028 (USD Million)
  • 12. Global Process Instrumentation Market by PLC, 2022 - 2028 (USD Million)
  • 13. Global Process Instrumentation Market by DCS, 2022 - 2028 (USD Million)
  • 14. Global Process Instrumentation Market by SCADA, 2022 - 2028 (USD Million)
  • 15. Global Process Instrumentation Market by HMI, 2022 - 2028 (USD Million)
  • 16. Global Process Instrumentation Market by Functional Safety, 2022 - 2028 (USD Million)
  • 17. Global Process Instrumentation Market by MES, 2022 - 2028 (USD Million)
  • 18. Global Process Instrumentation Market share by Industry, 2022 and 2028 (USD Million)
  • 19. Global Process Instrumentation Market by Oil & Gas, 2022 - 2028 (USD Million)
  • 20. Global Process Instrumentation Market by Chemicals, 2022 - 2028 (USD Million)
  • 21. Global Process Instrumentation Market by Pulp & Paper, 2022 - 2028 (USD Million)
  • 22. Global Process Instrumentation Market by Pharmaceuticals, 2022 - 2028 (USD Million)
  • 23. Global Process Instrumentation Market by Metals & Mining, 2022 - 2028 (USD Million)
  • 24. Global Process Instrumentation Market by Food & Beverages, 2022 - 2028 (USD Million)
  • 25. Global Process Instrumentation Market by Energy & Power, 2022 - 2028 (USD Million)
  • 26. Global Process Instrumentation Market by Water & Wastewater Treatment, 2022 - 2028 (USD Million)
  • 27. Global Process Instrumentation Market by Others, 2022 - 2028 (USD Million)
  • 28. Global Process Instrumentation Market share, by Region, 2022 and 2028
  • 29. North America Process Instrumentation Market, 2022 - 2028 (USD Million)
  • 30. Europe Process Instrumentation Market, 2022 - 2028 (USD Million)
  • 31. Asia Pacific Process Instrumentation Market, 2022 - 2028 (USD Million)
  • 32. Latin America Process Instrumentation Market, 2022 - 2028 (USD Million)
  • 33. The Middle-East and Africa Process Instrumentation Market, 2022 - 2028 (USD Million)

Table Of Tables

  • 1. Global Process Instrumentation Market: Snapshot
  • 2. Drivers of the Process Instrumentation Market: impact analysis
  • 3. North America Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 4. North America Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 5. North America Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)
  • 6. U.S. Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 7. U.S. Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 8. U.S. Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)
  • 9. Canada Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 10. Canada Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 11. Canada Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)
  • 12. Europe Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 13. Europe Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 14. Europe Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)
  • 15. Germany Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 16. Germany Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 17. Germany Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)
  • 18. France Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 19. France Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 20. France Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)
  • 21. U.K. Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 22. U.K. Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 23. U.K. Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)
  • 24. Italy Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 25. Italy Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 26. Italy Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)
  • 27. Spain Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 28. Spain Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 29. Spain Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)
  • 30. Rest of Europe Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 31. Rest of Europe Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 32. Rest of Europe Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)
  • 33. Asia Pacific Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 34. Asia Pacific Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 35. Asia Pacific Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)
  • 36. China Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 37. China Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 38. China Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)
  • 39. Japan Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 40. Japan Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 41. Japan Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)
  • 42. India Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 43. India Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 44. India Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)
  • 45. South Korea Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 46. South Korea Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 47. South Korea Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)
  • 48. South-East Asia Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 49. South-East Asia Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 50. South-East Asia Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)
  • 51. Rest of Asia Pacific Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 52. Rest of Asia Pacific Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 53. Rest of Asia Pacific Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)
  • 54. Latin America Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 55. Latin America Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 56. Latin America Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)
  • 57. Brazil Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 58. Brazil Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 59. Brazil Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)
  • 60. Mexico Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 61. Mexico Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 62. Mexico Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)
  • 63. Rest of Latin America Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 64. Rest of Latin America Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 65. Rest of Latin America Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)
  • 66. The Middle-East and Africa Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 67. The Middle-East and Africa Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 68. The Middle-East and Africa Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)
  • 69. GCC Countries Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 70. GCC Countries Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 71. GCC Countries Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)
  • 72. South Africa Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 73. South Africa Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 74. South Africa Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)
  • 75. Rest of Middle-East Africa Process Instrumentation Market revenue, By Instrument, 2022 - 2028 (USD Million)
  • 76. Rest of Middle-East Africa Process Instrumentation Market revenue, By Solution, 2022 - 2028 (USD Million)
  • 77. Rest of Middle-East Africa Process Instrumentation Market revenue, By Industry, 2022 - 2028 (USD Million)

Methodology

FrequentlyAsked Questions

Process automation can help in achieving the efficiency of a production site that is assessed by its ability to respond quickly to rapid and unexpected changes in demand, preferences, and resource availability. Instrumentation products help to measure and analyse process parameters such as pressure, temperature, level, and humidity, while process automation solutions help monitor and control processes to lower rework costs, minimize inspection costs, and reduce system failures.

According to the Market Research report, the global process instrumentation market was worth around USD 17219.5 million in 2021 and is estimated to grow to about USD 28093.05477 million by 2028, with a compound annual growth rate (CAGR) of approximately 8.5 percent over the forecast period.

The Asia Pacific is anticipated to have the fastest growth during the forecast period, followed by North America. In the Asia Pacific, the demand for process instrumentation solutions is growing from the oil & gas and food & beverages industries due to the ever-increasing population in the Asia Pacific.

Some of the main competitors dominating the global process instrumentation market include - ABB Ltd (Switzerland), Emerson Electric Co. (US), Siemens (Germany), General Electric Company (US), Schneider Electric (France), and Others.

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List of Contents

Market Size And ForecastOverviewCOVID-19 Impact:Growth DriversRestraintsReport ScopeSegmentationRecent developmentsReport Scope:Regional LandscapeCompetitive LandscapeGlobal process instrumentation market is segmented as follows:

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