1. Market Research
  2. > Manufacturing
  3. > Industrial Equipment Market Trends
Indonesia Process Instrumentation Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Technology

Indonesia Process Instrumentation Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Technology

  • April 2022
  • 87 pages
  • ID: 6279484
  • Format: PDF
  • The Insight Partners


Table of Contents

Search Inside

The Indonesia process instrumentation market is expected to grow from US$ 181.70 million in 2021 to US$ 266.06 million by 2028. It is estimated to grow at a CAGR of 5.6% from 2021 to 2028.

Process Instrumentation are used to monitor, simulate, analyze, and regulate the manufacturing process by taking timely measurements of essential process parameters with the purpose of improving process safety and quality.

Petrochemicals, particularly fertilizers and plastics, are in high demand in Indonesia.The Indonesian Government wants to lessen reliance on petrochemical imports by boosting the domestic petrochemical industry to meet rising demand.

There are a variety of investment opportunities in Indonesia’s petrochemical industry.Indonesia was one of the world’s top LNG exporters in 2018.

Along with Indonesia, Qatar, Australia, Nigeria, Malaysia, the US, and Russia were featured in the top LNG exporters list that year.Regarding variables, such as a steady increase in domestic demand.

The country imports a major share of the aforementioned items as commodity petrochemical investment in Polyethylene and Polypropylene are covering the domestic supply deficit. Process & analytical instruments such as analyzers, monitors, and other devices are significant in the oil, gas, chemical/petrochemical, pharmaceutical, semiconductor, factory automation, and other process sectors. These instruments guarantee that the plant is operated safely, acting to the correct out-of-tolerance operation and which shuts down the unit automatically to avoid hazardous conditions. Sensors, signal transmitters, controllers, indications and alarms, actuated valves, logic circuits, and operator interfaces are all part of the instrumentation used in oil and gas. Several types of these instruments are critical for level measurement, flow measurement, pressure measurement, and temperature measurement.

The Indonesian oil & gas industry dominates the Indonesia Process Instrumentation Market, as there is always a high demand for safety and dependability. However, the energy & power segment’s market share is expected to improve significantly in the coming years due to the growing demand for cleaner and smarter energy and renewable energy sources.

The demand for process instrumentation is primarily driven by the growing need for the right instrumentation that helps the industrial users run processes effectively, efficiently, economically, and safely.The rising demand for these products in wide industrial verticals with critical process measuring requirements is driving the Indonesia Process Instrumentation Market.

Moreover, various instruments, such as flow meter, level meter, and analytical instrument, that provide high durability, easy installation, and safety measures depending on the applications.These highly operating devices are getting developed for the harsh environments.

All these factors are contributing to the growth of the Indonesia process instrumentation market.

Major stakeholders in the Indonesia process instrumentation market ecosystem are instruments, components, process instrumentation manufacturers, and end user. The demand for the Indonesia process instrumentation market is driven by factors, such as the increase in focus of manufacturers on achieving cost-saving, technological advancements, and increasing demand for process instrumentation to achieve accuracy, energy efficiency, repeatability, reliability, and improve capacity.

PT KROHNE Indonesia, PT Yokogawa Indonesia, Supmea Indonesia, PT Parker Hannifin Indonesia, and PT Epiroc Southern Asia are the leading process instrumentation manufacturers in the Indonesia Process Instrumentation Market’s ecosystem.Process instrumentation manufacturers’ organic and inorganic developments lead to the Indonesia process instrumentation market growth.

For instance, in 2019, KROHNE and SAMSON announced a partnership and unveiled their joint venture, FOCUS-ON. FOCUS-ON launched the FOCUS-1 prototype, an intelligent process node especially developed for process industries.

Process instrumentation comprises sensors, analog signal processing circuits, analog to digital converters, and digital processors.

The key end user of process instrumentation in Indonesia is the oil & gas industry. The increasing adoption of process instrumentation by the industrial sector to ensure quality and achieve better efficiency has propelled the demand for process instrumentation.

Based on technology, the Indonesia process instrumentation market is classified into flow meters, pressure and temperature instrument, analytical instrument, and level meter.In 2020, the flow meter segment led the Indonesia Process Instrumentation Market.

This segment is expected to retain its position during the forecast period. Apart from it, the analytical instrument segment is likely to witness the fastest growing CAGR over the projected period.

Epiroc Group, Supmea Automation, Yokogawa Electric, Krohne Group, and Parker Hannifin are the key players profiled in this research study.

Impact of COVID-19 Pandemic on Indonesia Process Instrumentation Market

The impact of the COVID-19 pandemic and uncertainty in the macroeconomic situation is the biggest concerns for stakeholders in the oil and gas industry in Indonesia similar to their counterparts around the world.However, the oil and gas landscape both in Indonesia and globally has only worsened due to the COVID-19 pandemic which has significantly reduced energy demand and consequently hydrocarbon prices.

Over the last decade, the oil and gas business in Indonesia and around the world has seen substantial volatility. Along with global geopolitical and economic factors, the unexpected COVID-19 pandemic plunged the global oil price into a second major downturn in a decade.

Indonesia witnessed a rise in the number of COVID-19 cases in 2020, which disrupted the construction activities in the oil & gas sector and subsequently impacted the demand for Process Instrumentation during the early months of 2020.The oil sector is amidst its third price crash in the 2021.

The industry recovered after the first two shocks, and business resumed. Oil & gas power-generating facilities in the region reduced their activity, including shutting down construction, operations, and maintenance projects in several locations, after multiple "stay at home" orders by state governors to curb the spread of the virus.

In consideration of the COVID-19 pandemic in 2020, the Government, through the DGoG has issued several letters applied to oil and gas companies and technical heads of the working areas to reduce the spread of COVID-19 virus in oil and gas sector.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Flow Meters Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

  • $ 4250
  • June 2021
  • 167 pages

The flow meters market (henceforth referred to as the “market studied”) was valued at USD 6.46 billion in 2020. It is expected to reach USD 9.12 billion by 2026, registering a CAGR of 6.43% during ...

  • World
  • Mechanical Part
  • Oil And Gas
  • Industry analysis
  • Energy Consumption
  • Fuel Demand


Reportlinker.com © Copyright 2022. All rights reserved.

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

Make sure you don’t miss any news and follow us on