Global Process Instrumentation Market 2024-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	191 Pages	TechNavio	February, 2024	INF18598412

Best Price Guarantee
Price	from $2,500
Length	191 Pages
Publisher	TechNavio
Published Date	February, 2024
SKU	INF18598412

Global Process Instrumentation Market 2024-2028

The process instrumentation market is forecasted to grow by USD 7.46 bn during 2023-2028, accelerating at a CAGR of 6.67% during the forecast period. The report on the process instrumentation market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for automation in manufacturing processes, the need for efficient use of resources and reduction of emissions in production processes, and enhancing safety in oil and gas storage and transportation.

Technavio's process instrumentation market is segmented as below:

By End-user

Oil and gas
Chemical
Food and beverages
Energy and power
Others

By Type

Field instrument
Control valve
Analyzer

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the rising demand for wireless field instruments as one of the prime reasons driving the process instrumentation market growth during the next few years. Also, increasing applications of IIoT and smart instrumentation in process instrumentation techniques and increased applications in biotechnology industries will lead to sizable demand in the market.

The report on the process instrumentation market covers the following areas:

Process instrumentation market sizing
Process instrumentation market forecast
Process instrumentation market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading process instrumentation market vendors that include ABB Ltd., Delta Electronics Inc., Emerson Electric Co., Endress Hauser Group Services AG, Fuji Electric Co. Ltd., General Electric Co., Hitachi Ltd., Honeywell International Inc., KROHNE Messtechnik GmbH, Metso Outotec Corp., Mitsubishi Electric Corp., OMRON Corp., Pepperl and Fuchs SE, Rockwell Automation Inc., Schlumberger Ltd., Schneider Electric SE, Siemens AG, Teledyne Technologies Inc., Titan Co. Ltd., and Yokogawa Electric Corp.. Also, the process instrumentation market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Global Market Characteristics
  - Table Executive Summary – Chart on Market by Geography
  - Table Executive Summary – Chart on Market Segmentation by End-user
  - Table Executive Summary – Chart on Market Segmentation by Type
  - Table Executive Summary – Chart on Incremental Growth
  - Table Executive Summary – Data Table on Incremental Growth
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2023
- Market outlook: Forecast for 2023-2028
  - Table Chart on Global - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
  - Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Historic Market Size
- Global process instrumentation market 2018 - 2022
  - Table Historic Market Size – Data table on global process instrumentation market 2018 – 2022 ($ million)
- End-user Segment Analysis 2018 - 2022
  - Table Historic Market Size – End-user Segment 2018 - 2022 ($ million)
- Type Segment Analysis 2018 - 2022
  - Table Historic Market Size – Type Segment 2018 - 2022 ($ million)
- Geography Segment Analysis 2018 - 2022
  - Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
- Country Segment Analysis 2018 - 2022
  - Table Historic Market Size – Country Segment 2018 - 2022 ($ million)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2023 and 2028
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2023 and 2028
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2023 and 2028
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2023 and 2028
- Market condition
  - Table Chart on Market condition - Five forces 2023 and 2028
Market Segmentation by End-user
- Market segments
  - Table Chart on End-user - Market share 2023-2028 (%)
  - Table Data Table on End-user - Market share 2023-2028 (%)
- Comparison by End-user
  - Table Chart on Comparison by End-user
  - Table Data Table on Comparison by End-user
- Oil and gas - Market size and forecast 2023-2028
  - Table Chart on Oil and gas - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Oil and gas - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Oil and gas - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Oil and gas - Year-over-year growth 2023-2028 (%)
- Chemical - Market size and forecast 2023-2028
  - Table Chart on Chemical - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Chemical - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Chemical - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Chemical - Year-over-year growth 2023-2028 (%)
- Food and beverages - Market size and forecast 2023- 2028
  - Table Chart on Food and beverages - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Food and beverages - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Food and beverages - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Food and beverages - Year-over-year growth 2023-2028 (%)
- Energy and power - Market size and forecast 2023-2028
  - Table Chart on Energy and power - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Energy and power - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Energy and power - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Energy and power - Year-over-year growth 2023-2028 (%)
- Others - Market size and forecast 2023-2028
  - Table Chart on Others - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Others - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Others - Year-over-year growth 2023-2028 (%)
- Market opportunity by End-user
  - Table Market opportunity by End-user ($ million)
  - Table Data Table on Market opportunity by End-user ($ million)
Market Segmentation by Type
- Market segments
  - Table Chart on Type - Market share 2023-2028 (%)
  - Table Data Table on Type - Market share 2023-2028 (%)
- Comparison by Type
  - Table Chart on Comparison by Type
  - Table Data Table on Comparison by Type
- Field instrument - Market size and forecast 2023-2028
  - Table Chart on Field instrument - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Field instrument - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Field instrument - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Field instrument - Year-over-year growth 2023-2028 (%)
- Control valve - Market size and forecast 2023-2028
  - Table Chart on Control valve - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Control valve - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Control valve - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Control valve - Year-over-year growth 2023-2028 (%)
- Analyzer - Market size and forecast 2023-2028
  - Table Chart on Analyzer - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Analyzer - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Analyzer - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Analyzer - Year-over-year growth 2023-2028 (%)
- Market opportunity by Type
  - Table Market opportunity by Type ($ million)
  - Table Data Table on Market opportunity by Type ($ million)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2023-2028 (%)
  - Table Data Table on Market share by geography 2023-2028 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- APAC - Market size and forecast 2023-2028
  - Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
  - Table Chart on APAC - Year-over-year growth 2023-2028 (%)
  - Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
- North America - Market size and forecast 2023-2028
  - Table Chart on North America - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
  - Table Chart on North America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on North America - Year-over-year growth 2023-2028 (%)
- Europe - Market size and forecast 2023-2028
  - Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Europe - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
- South America - Market size and forecast 2023-2028
  - Table Chart on South America - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
  - Table Chart on South America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on South America - Year-over-year growth 2023-2028 (%)
- Middle East and Africa - Market size and forecast 2023- 2028
  - Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- US - Market size and forecast 2023-2028
  - Table Chart on US - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on US - Market size and forecast 2023-2028 ($ million)
  - Table Chart on US - Year-over-year growth 2023-2028 (%)
  - Table Data Table on US - Year-over-year growth 2023-2028 (%)
- China - Market size and forecast 2023-2028
  - Table Chart on China - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on China - Market size and forecast 2023-2028 ($ million)
  - Table Chart on China - Year-over-year growth 2023-2028 (%)
  - Table Data Table on China - Year-over-year growth 2023-2028 (%)
- India - Market size and forecast 2023-2028
  - Table Chart on India - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on India - Market size and forecast 2023-2028 ($ million)
  - Table Chart on India - Year-over-year growth 2023-2028 (%)
  - Table Data Table on India - Year-over-year growth 2023-2028 (%)
- Canada - Market size and forecast 2023-2028
  - Table Chart on Canada - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Canada - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Canada - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Canada - Year-over-year growth 2023-2028 (%)
- UK - Market size and forecast 2023-2028
  - Table Chart on UK - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on UK - Market size and forecast 2023-2028 ($ million)
  - Table Chart on UK - Year-over-year growth 2023-2028 (%)
  - Table Data Table on UK - Year-over-year growth 2023-2028 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ million)
  - Table Data Tables on Market opportunity by geography ($ million)
Drivers, Challenges, and Trends
- Market drivers
  - Rising demand for automation in manufacturing processes
  - Need for efficient use of resources and reduction of emissions in production processes
  - Enhancing safety in oil and gas storage and transportation
- Market challenges
  - Safety issues due to faulty instruments
  - Influence of global economic, political, and regulatory conditions on market
  - Risks associated with rising cyber threats
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2023 and 2028
- Market trends
  - Rising demand for wireless field instruments
  - Increasing applications of IIoT and smart instrumentation in process instrumentation techniques
  - Increased applications in biotechnology industries
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- ABB Ltd.
  - Table ABB Ltd. - Overview
  - Table ABB Ltd. - Business segments
  - Table ABB Ltd. - Key news
  - Table ABB Ltd. - Key offerings
  - Table ABB Ltd. - Segment focus
- Delta Electronics Inc.
  - Table Delta Electronics Inc. - Overview
  - Table Delta Electronics Inc. - Business segments
  - Table Delta Electronics Inc. - Key offerings
  - Table Delta Electronics Inc. - Segment focus
- Emerson Electric Co.
  - Table Emerson Electric Co. - Overview
  - Table Emerson Electric Co. - Business segments
  - Table Emerson Electric Co. - Key news
  - Table Emerson Electric Co. - Key offerings
  - Table Emerson Electric Co. - Segment focus
- Endress Hauser Group Services AG
  - Table Endress Hauser Group Services AG - Overview
  - Table Endress Hauser Group Services AG - Product / Service
  - Table Endress Hauser Group Services AG - Key news
  - Table Endress Hauser Group Services AG - Key offerings
- Fuji Electric Co. Ltd.
  - Table Fuji Electric Co. Ltd. - Overview
  - Table Fuji Electric Co. Ltd. - Business segments
  - Table Fuji Electric Co. Ltd. - Key offerings
  - Table Fuji Electric Co. Ltd. - Segment focus
- General Electric Co.
  - Table General Electric Co. - Overview
  - Table General Electric Co. - Business segments
  - Table General Electric Co. - Key offerings
  - Table General Electric Co. - Segment focus
- Hitachi Ltd.
  - Table Hitachi Ltd. - Overview
  - Table Hitachi Ltd. - Business segments
  - Table Hitachi Ltd. - Key news
  - Table Hitachi Ltd. - Key offerings
  - Table Hitachi Ltd. - Segment focus
- Honeywell International Inc.
  - Table Honeywell International Inc. - Overview
  - Table Honeywell International Inc. - Business segments
  - Table Honeywell International Inc. - Key news
  - Table Honeywell International Inc. - Key offerings
  - Table Honeywell International Inc. - Segment focus
- Metso Outotec Corp.
  - Table Metso Outotec Corp. - Overview
  - Table Metso Outotec Corp. - Business segments
  - Table Metso Outotec Corp. - Key offerings
  - Table Metso Outotec Corp. - Segment focus
- Mitsubishi Electric Corp.
  - Table Mitsubishi Electric Corp. - Overview
  - Table Mitsubishi Electric Corp. - Business segments
  - Table Mitsubishi Electric Corp. - Key news
  - Table Mitsubishi Electric Corp. - Key offerings
  - Table Mitsubishi Electric Corp. - Segment focus
- OMRON Corp.
  - Table OMRON Corp. - Overview
  - Table OMRON Corp. - Business segments
  - Table OMRON Corp. - Key news
  - Table OMRON Corp. - Key offerings
  - Table OMRON Corp. - Segment focus
- Pepperl and Fuchs SE
  - Table Pepperl and Fuchs SE - Overview
  - Table Pepperl and Fuchs SE - Product / Service
  - Table Pepperl and Fuchs SE - Key offerings
- Rockwell Automation Inc.
  - Table Rockwell Automation Inc. - Overview
  - Table Rockwell Automation Inc. - Business segments
  - Table Rockwell Automation Inc. - Key news
  - Table Rockwell Automation Inc. - Key offerings
  - Table Rockwell Automation Inc. - Segment focus
- Schneider Electric SE
  - Table Schneider Electric SE - Overview
  - Table Schneider Electric SE - Business segments
  - Table Schneider Electric SE - Key news
  - Table Schneider Electric SE - Key offerings
  - Table Schneider Electric SE - Segment focus
- Siemens AG
  - Table Siemens AG - Overview
  - Table Siemens AG - Business segments
  - Table Siemens AG - Key news
  - Table Siemens AG - Key offerings
  - Table Siemens AG - Segment focus
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations