Process Automation and Instrumentation Market Size, Share, Trends, Industry Analysis Report: By Instrument (Field Instruments and Process Analyzers), Solution, Industry, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Afr

Process Automation and Instrumentation Market Size, Share, Trends, Industry Analysis Report: By Instrument (Field Instruments and Process Analyzers), Solution, Industry, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034



The global process automation and instrumentation market size is expected to reach USD 130.34 billion by 2034, according to a new study by Polaris Market Research. The report “Process Automation and Instrumentation Market Share, Size, Trends, Industry Analysis Report: By Instrument (Field Instruments and Process Analyzers), Solution, Industry, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa); Segment Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The process automation and instrumentation market focuses on technologies that enable industries to automate their operations, enhance efficiency, and reduce manual interventions through advanced control systems and precision instrumentation. The market includes products such as sensors, transmitters, analyzers, and control systems that monitor and regulate industrial processes in sectors such as oil & gas, manufacturing, chemicals, and energy. The increasing demand for operational efficiency, rising adoption of industrial automation, and the surging need for improved safety and compliance with environmental regulations are a few factors driving the process automation and instrumentation market growth. The integration of industrial Internet of Things (IIoT) and artificial intelligence (AI) into automation systems is further fueling market expansion by enabling real-time data analytics, predictive maintenance, and enhanced decision-making capabilities. Moreover, the growing focus on energy efficiency and sustainability in industrial processes is also contributing to market growth.

The rising shift toward smart factories, digital transformation, and the adoption of Industry 4.0 practices contribute to the growing process automation and instrumentation market size. The emerging economies with rapid industrialization, particularly in the Asia Pacific, where increased infrastructure development and smart manufacturing are on the rise, are further propelling the market.

Process Automation and Instrumentation Market Report Highlights

By industry, in 2024, the oil & gas segment accounted for the largest revenue share in the process automation and instrumentation market due to its high demand for automation technologies that enhance operational efficiency, safety, and regulatory compliance in complex and hazardous environments.

The field instruments segment, in terms of instrument, is expected to register the highest CAGR during the forecast period due to increasing demand for precise measurement and real-time monitoring in industrial processes.

In 2024, North America accounted for the largest process automation and instrumentation market share due to its advanced industrial infrastructure and significant investments in automation technologies.

The Asia Pacific market is expected to register the highest CAGR during the forecast period due to the increasing adoption of advanced manufacturing technologies.

ABB Limited, Emerson Electric Company, Mitsubishi Electric Company, Rockwell Automation Inc., Siemens AG, Schneider Electric SE, Yokogawa Electric Corporation, Honeywell International Inc., General Electric Company, and Hitachi Ltd are among the global key process automation and instrumentation market players.

Polaris Market Research has segmented the process automation and instrumentation market report on the basis of instrument, solution, industry, and region:

By Instrument Outlook (Revenue – USD Billion, 2020–2034)

Field Instruments
  • Level Transmitters
  • Pressure Transmitters
  • Temperature Transmitters
  • Others
Process Analyzers

By Solution Outlook (Revenue – USD Billion, 2020–2034)

DCS

Functional Safety

HMI

MES

PLC

SCADA

By Industry Outlook (Revenue – USD Billion, 2020–2034)

Chemicals

Energy & Power

Food & Beverages

Metals & Mining

Oil & Gas

Pharmaceuticals

Pulp & Paper

Water & Wastewater Treatment

Others

By Regional Outlook (Revenue – USD Billion, 2020–2034)

North America
  • US
  • Canada
Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Australia
  • Rest of Asia Pacific
Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest of Latin America
Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
  • Rest of Middle East & Africa


1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Global Process Automation and Instrumentation Market Insights
4.1. Process Automation and Instrumentation Market – Market Snapshot
4.2. Process Automation and Instrumentation Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Increasing industrial automation is driving market growth
4.2.1.2. Rising E-commerce industry is driving the market growth
4.2.2. Restraints and Challenges
4.2.2.1. High Initial Costs is hindering the process automation and instrumentation market growth
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Process Automation and Instrumentation Market Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Process Automation and Instrumentation Market, by Instrument
5.1. Key Findings
5.2. Introduction
5.2.1. Global Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
5.3. Field Instruments
5.3.1. Global Process Automation and Instrumentation Market, by Field Instruments, by Region, 2020-2024 (USD Billion)
5.3.2. Level Transmitters
5.3.2.1. Global Process Automation and Instrumentation Market, by Level Transmitters, by Region, 2020-2024 (USD Billion)
5.3.3. Pressure Transmitters
5.3.3.1. Global Process Automation and Instrumentation Market, by Pressure Transmitters, by Region, 2020-2024 (USD Billion)
5.3.4. Temperature Transmitters
5.3.4.1. Global Process Automation and Instrumentation Market, by Temperature Transmitters, by Region, 2020-2024 (USD Billion)
5.3.5. Others
5.3.5.1. Global Process Automation and Instrumentation Market, by Others, by Region, 2020-2024 (USD Billion)
5.4. Process Analyzers
5.4.1. Global Process Automation and Instrumentation Market, by Process Analyzers, by Region, 2020-2024 (USD Billion)
6. Global Process Automation and Instrumentation Market, by Solution
6.1. Key Findings
6.2. Introduction
6.2.1. Global Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
6.3. DCS
6.3.1. Global Process Automation and Instrumentation Market, by DCS, by Region, 2020-2024 (USD Billion)
6.4. Functional Safety
6.4.1. Global Process Automation and Instrumentation Market, by Functional Safety, by Region, 2020-2024 (USD Billion)
6.5. HMI
6.5.1. Global Process Automation and Instrumentation Market, by HMI, by Region, 2020-2024 (USD Billion)
6.6. MES
6.6.1. Global Process Automation and Instrumentation Market, by MES, by Region, 2020-2024 (USD Billion)
6.7. PLC
6.7.1. Global Process Automation and Instrumentation Market, by PLC, by Region, 2020-2024 (USD Billion)
6.8. SCADA
6.8.1. Global Process Automation and Instrumentation Market, by SCADA, by Region, 2020-2024 (USD Billion)
7. Global Process Automation and Instrumentation Market, by Industry
7.1. Key Findings
7.2. Introduction
7.2.1. Global Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
7.3. Chemicals
7.3.1. Global Process Automation and Instrumentation Market, by Chemicals, by Region, 2020-2024 (USD Billion)
7.4. Energy & Power
7.4.1. Global Process Automation and Instrumentation Market, by Energy & Power, by Region, 2020-2024 (USD Billion)
7.5. Food & Beverages
7.5.1. Global Process Automation and Instrumentation Market, by Food & Beverages, by Region, 2020-2024 (USD Billion)
7.6. Metals & Mining
7.6.1. Global Process Automation and Instrumentation Market, by Metals & Mining, by Region, 2020-2024 (USD Billion)
7.7. Oil & Gas
7.7.1. Global Process Automation and Instrumentation Market, by Oil & Gas, by Region, 2020-2024 (USD Billion)
7.8. Pharmaceuticals
7.8.1. Global Process Automation and Instrumentation Market, by Pharmaceuticals, by Region, 2020-2024 (USD Billion)
7.9. Pulp & Paper
7.9.1. Global Process Automation and Instrumentation Market, by Pulp & Paper, by Region, 2020-2024 (USD Billion)
7.10. Water & Wastewater Treatment
7.10.1. Global Process Automation and Instrumentation Market, by Water & Wastewater Treatment, by Region, 2020-2024 (USD Billion)
7.11. Others
7.11.1. Global Process Automation and Instrumentation Market, by Others, by Region, 2020-2024 (USD Billion)
8. Global Process Automation and Instrumentation Market, by Geography
8.1. Key Findings
8.2. Introduction
8.2.1. Process Automation and Instrumentation Market Assessment, By Geography, 2020-2024 (USD Billion)
8.3. Process Automation and Instrumentation Market – North America
8.3.1. North America: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.3.2. North America: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.3.3. North America: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.3.4. Process Automation and Instrumentation Market – U.S.
8.3.4.1. U.S.: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.3.4.2. U.S.: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.3.4.3. U.S.: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.3.5. Process Automation and Instrumentation Market – Canada
8.3.5.1. Canada: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.3.5.2. Canada: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.3.5.3. Canada: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.4. Process Automation and Instrumentation Market – Europe
8.4.1. Europe: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.4.2. Europe: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.4.3. Europe: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.4.4. Process Automation and Instrumentation Market – UK
8.4.4.1. UK: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.4.4.2. UK: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.4.4.3. UK: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.4.5. Process Automation and Instrumentation Market – France
8.4.5.1. France: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.4.5.2. France: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.4.5.3. France: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.4.6. Process Automation and Instrumentation Market – Germany
8.4.6.1. Germany: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.4.6.2. Germany: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.4.6.3. Germany: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.4.7. Process Automation and Instrumentation Market – Italy
8.4.7.1. Italy: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.4.7.2. Italy: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.4.7.3. Italy: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.4.8. Process Automation and Instrumentation Market – Spain
8.4.8.1. Spain: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.4.8.2. Spain: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.4.8.3. Spain: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.4.9. Process Automation and Instrumentation Market – Netherlands
8.4.9.1. Netherlands: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.4.9.2. Netherlands: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.4.9.3. Netherlands: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.4.10. Process Automation and Instrumentation Market – Russia
8.4.10.1. Russia: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.4.10.2. Russia: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.4.10.3. Russia: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.4.11. Process Automation and Instrumentation Market – Rest of Europe
8.4.11.1. Rest of Europe: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.4.11.2. Rest of Europe: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.4.11.3. Rest of Europe: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.5. Process Automation and Instrumentation Market – Asia Pacific
8.5.1. Asia Pacific: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.5.2. Asia Pacific: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.5.3. Asia Pacific: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.5.4. Process Automation and Instrumentation Market – China
8.5.4.1. China: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.5.4.2. China: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.5.4.3. China: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.5.5. Process Automation and Instrumentation Market – India
8.5.5.1. India: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.5.5.2. India: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.5.5.3. India: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.5.6. Process Automation and Instrumentation Market – Malaysia
8.5.6.1. Malaysia: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.5.6.2. Malaysia: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.5.6.3. Malaysia: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.5.7. Process Automation and Instrumentation Market – Japan
8.5.7.1. Japan: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.5.7.2. Japan: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.5.7.3. Japan: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.5.8. Process Automation and Instrumentation Market – Indonesia
8.5.8.1. Indonesia: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.5.8.2. Indonesia: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.5.8.3. Indonesia: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.5.9. Process Automation and Instrumentation Market – South Korea
8.5.9.1. South Korea: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.5.9.2. South Korea: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.5.9.3. South Korea: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.5.10. Process Automation and Instrumentation Market – Australia
8.5.10.1. Australia: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.5.10.2. Australia: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.5.10.3. Australia: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.5.11. Process Automation and Instrumentation Market – Rest of Asia Pacific
8.5.11.1. Rest of Asia Pacific: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.5.11.2. Rest of Asia Pacific: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.5.11.3. Rest of Asia Pacific: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.6. Process Automation and Instrumentation Market – Middle East & Africa
8.6.1. Middle East & Africa: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.6.2. Middle East & Africa: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.6.3. Middle East & Africa: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.6.4. Process Automation and Instrumentation Market – Saudi Arabia
8.6.4.1. Saudi Arabia: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.6.4.2. Saudi Arabia: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.6.4.3. Saudi Arabia: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.6.5. Process Automation and Instrumentation Market – UAE
8.6.5.1. UAE: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.6.5.2. UAE: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.6.5.3. UAE: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.6.6. Process Automation and Instrumentation Market – Israel
8.6.6.1. Israel: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.6.6.2. Israel: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.6.6.3. Israel: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.6.7. Process Automation and Instrumentation Market – South Africa
8.6.7.1. South Africa: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.6.7.2. South Africa: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.6.7.3. South Africa: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.6.8. Process Automation and Instrumentation Market – Rest of Middle East & Africa
8.6.8.1. Rest of Middle East & Africa: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.6.8.2. Rest of Middle East & Africa: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.6.8.3. Rest of Middle East & Africa: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.7. Process Automation and Instrumentation Market – Latin America
8.7.1. Latin America: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.7.2. Latin America: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.7.3. Latin America: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.7.4. Process Automation and Instrumentation Market – Mexico
8.7.4.1. Mexico: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.7.4.2. Mexico: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.7.4.3. Mexico: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.7.5. Process Automation and Instrumentation Market – Brazil
8.7.5.1. Brazil: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.7.5.2. Brazil: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.7.5.3. Brazil: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.7.6. Process Automation and Instrumentation Market – Argentina
8.7.6.1. Argentina: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.7.6.2. Argentina: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.7.6.3. Argentina: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
8.7.7. Process Automation and Instrumentation Market – Rest of Latin America
8.7.7.1. Rest of Latin America: Process Automation and Instrumentation Market, by Instrument, 2020-2024 (USD Billion)
8.7.7.2. Rest of Latin America: Process Automation and Instrumentation Market, by Solution, 2020-2024 (USD Billion)
8.7.7.3. Rest of Latin America: Process Automation and Instrumentation Market, by Industry, 2020-2024 (USD Billion)
9. Competitive Landscape
9.1. Expansion and Acquisition Analysis
9.1.1. Expansion
9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
10.1. ABB Limited
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Recent Development
10.2. Emerson Electric Company
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Benchmarking
10.2.4. Recent Development
10.3. Mitsubishi Electric Company
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Benchmarking
10.3.4. Recent Development
10.4. Rockwell Automation Inc.
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Benchmarking
10.4.4. Recent Development
10.5. Siemens AG
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Product Benchmarking
10.5.4. Recent Development
10.6. Schneider Electric SE
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Product Benchmarking
10.6.4. Recent Development
10.7. Yokogawa Electric Corporation
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Benchmarking
10.7.4. Recent Development
10.8. Honeywell International Inc.
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Product Benchmarking
10.8.4. Recent Development
10.9. General Electric Company
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Product Benchmarking
10.9.4. Recent Development
10.10. Hitachi Ltd
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Product Benchmarking
10.10.4. Recent Development

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