1. Market Research
  2. > Manufacturing
  3. > Industrial Equipment Market Trends
  4. > Process Automation Market (2013 - 2018): By Type (PLC, SCADA, Valves, Transmitters, MES); By Industry (Chemical, Oil & Gas, Petrochemical, F&B, Paper, Automotive)

Process Automation Market (2013 - 2018): By Type (PLC, SCADA, Valves, Transmitters, MES); By Industry (Chemical, Oil & Gas, Petrochemical, F&B, Paper, Automotive)

  • January 2014
  • -
  • Industry ARC
  • -
  • 175 pages

Summary

Table of Contents

Industrial and specifically factory automation is the use of different control systems, software and other technologies for automation of the factory. The day to day technological advancements are helping the manufacturing process and other such tasks perform a lot faster and cost effective. The use of these technologies increases productivity, quality, almost negates wastage, faster interaction with different departments within the company and other such perks. The biggest market for this industry exists in china which is the primary hub of global manufacturing industry. China for example accounts for more than 60% of Siemens control systems manufacturing currently. The need for automation is due to the growing need for better quality products with increased production rates and also to reduce the labor costs.

Control systems have the largest market in factories with M2M interaction making the process completely automated. Software’s like ERP gives business management solutions, PAC aids with M2M interaction in control systems. Sensors help in differentiating, error control and production management

The global process automation market revenue is expected to grow from $87.67 billion in 2013, to $119.29 billion in 2018, at an estimated CAGR of 6.4% from 2013 to 2018. Also, the process instrumentation market is expected to grow from $23.67 billion in 2013, to $31.71 billion in 2018, with a CAGR of 6%.

The instrumentation market is governed by the major players like:
Emerson Electric Co. (U.S.),
Yokogawa Electric Corporation, Inc. (Japan)
Endress+Hauser (Switzerland), among others.
The APAC region is expected to rejuvenate the process automation market owing to the escalated demands from the oil and gas extraction, waste water treatment, and pharmaceutical verticals.

Innovative products and services are gradually capturing the Industrial Automation market. Companies such as Sick AG are offering better miniature sensors to which are affordable and productive. Siemens who already have strong market in Asia are increasing production due to demand for automation in emerging countries like India.

The report is segmented based product types, end use verticals and geographic regions. The market share analysis, strategies and future opportunities are also discussed in the report. The service market has been aiding the market in earning significant revenues apart from the hardware and software sales, with an augmented segment of the end-users, preferring the maintenance and outsourcing services instead of the in-house purchase and the subsequent maintenance.

Please note: this report requires certain updates. We have all the information available but require 2 business days to complete the process and ensure it is as up-to-date as possible.


Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
World AC Motor Market to 2021 - Market Size, Development, and Forecasts

World AC Motor Market to 2021 - Market Size, Development, and Forecasts

  • $ 26587
  • Industry report
  • January 2017
  • by Global Research & Data Services

The expansion of the global AC motor industry is forecast to reach 0.6% p.a. in the coming years. Between 2010 and 2016 the market increased with an average annual growth of 3.7%. Currently, AC motors ...

World AC Generator Market to 2021 - Market Size, Development, and Forecasts

World AC Generator Market to 2021 - Market Size, Development, and Forecasts

  • $ 26587
  • Industry report
  • January 2017
  • by Global Research & Data Services

The expansion of the global AC generator industry is forecast to reach 0.6% p.a. in the coming years. Between 2010 and 2016 the market increased with an average annual growth of 0.7%. Currently, AC generators ...

World Electric Generator and Motor Market to 2021 - Market Size, Development, and Forecasts

World Electric Generator and Motor Market to 2021 - Market Size, Development, and Forecasts

  • $ 26587
  • Industry report
  • January 2017
  • by Global Research & Data Services

The expansion of the global electric generator and motor industry is forecast to reach 0.6% p.a. in the coming years. Between 2010 and 2016 the market increased with an average annual growth of 3.8%. Currently, ...


ref:plp2014

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.