The "Global Process Automation and Instrumentation Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global process automation and instrumentation market to reach USD 91.60 billion during the period 2018-2022.
The report considers process automation and process instrumentation tools, equipment, and devices that help in seamlessly connecting and integrating different sub-processes within the industries. Under process automation, the report scope includes PLC, SCADA, DCS, and MES while process instrumentation includes control valves and industrial transmitters only. The report also includes a discussion of the key vendors operating in this market.
According to the report, one of the major drivers for this market is the adoption of multivendor portable applications. The global process automation and instrumentation market vendors have come up with multivendor portable applications that support standardized products from different vendors. The adoption of such applications can ensure the high adoption of process automation and instrumentation products across industries.
The latest trend gaining momentum in the market is IT and OT convergence. The convergence of Information Technology (IT) and Operational Technology (OT) refers to the amalgamation of OT systems such as MES and SCADA with IT systems like Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM).
Key vendors
- ABB
- Emerson Electric
- Honeywell
- Mitsubishi Electric
- OMRON
- Rockwell Automation
- Schneider Electric
- Siemens
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Market Sizing
Part 06: Five Forces Analysis
Part 07: Value Chain Analysis
Part 08: Market Segmentation By Product
Part 09: Customer Landscape
Part 10: Market Segmentation By End-User
Part 11: Regional Landscape
Part 12: Decision Framework
Part 13: Drivers And Challenges
Part 14: Market Trends
Part 15: Vendor Landscape
Part 16: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/8lm87b/global_process?w=4
View source version on businesswire.com: http://www.businesswire.com/news/home/20180129005679/en/