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The report gives a detailed analysis of the following key players in the global process automation market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model, along with giving a SWOT analysis.
Process Automation Market Size
Process Automation Market Growth
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Process Automation Market Analysis
8.1 Key Industry Highlights
8.2 Global Process Automation Historical Market (2018-2023)
8.3 Global Process Automation Market Forecast (2024-2032)
8.4 Global Process Automation Market by Type
8.4.1 Discrete Automation
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Process Automation
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Process Automation Market by Application
8.5.1 Oil and Gas
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Chemicals and Mining
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 General Industrial
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Consumer Goods
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Pharma and Biotech
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Water
8.5.6.1 Historical Trend (2018-2023)
8.5.6.2 Forecast Trend (2024-2032)
8.5.7 Technology Hardware
8.5.7.1 Historical Trend (2018-2023)
8.5.7.2 Forecast Trend (2024-2032)
8.5.8 Automotive
8.5.8.1 Historical Trend (2018-2023)
8.5.8.2 Forecast Trend (2024-2032)
8.5.9 Power
8.5.9.1 Historical Trend (2018-2023)
8.5.9.2 Forecast Trend (2024-2032)
8.5.10 Others
8.6 Global Process Automation Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Process Automation Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Process Automation Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Process Automation Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Process Automation Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Process Automation Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 ABB Ltd.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Emerson Electric Co.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Honeywell International, Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Siemens AG
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Rockwell Automation, Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 General Electric Company
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Process Automation Market: Key Industry Highlights, 2018 and 2032
2. Global Process Automation Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Process Automation Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Process Automation Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Process Automation Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Process Automation Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Process Automation Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Process Automation Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Process Automation Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Process Automation Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Process Automation Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Process Automation Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Process Automation Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Process Automation Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Process Automation Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Process Automation Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Process Automation Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Process Automation Market Structure
In 2023, the market attained a value of approximately USD 202.54 billion.
The market is projected to grow at a CAGR of 6.6% between 2024 and 2032.
The major market drivers are increasing demand from resource industries, rising importance of removing hazardous manual tasks, and growing emphasis on productivity.
The key trends in the market are robust technological change, rising adoption owing to its improved efficiency, and increasing research and development activities.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The applications of process automation in the market include oil and gas, chemicals and mining, general industrial, consumer goods, pharma and biotech, water, technology hardware, automotive, and power, among others.
The types of process automation in the market are discrete automation and process automation.
The major players in the global process automation market are ABB Ltd., Emerson Electric Co., Honeywell International Inc., Siemens AG, Rockwell Automation Inc., and General Electric Company, among others.
The global process automation market attained a value of nearly USD 202.54 billion in the year 2023. It is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 6.6%.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on application, the global process automation industry can be segmented into oil and gas, chemicals, mining, general industries, consumer goods, pharma and biotech, and power, among others, with oil and gas leading the applications sector, accounting for nearly 25% of the total application of the process automation. North America, Latin America, Europe, the Middle East and Africa, Europe, and the Asia Pacific are the major regions for the market, with Europe leading the overall global market. The key players in the above industry are ABB Ltd., Emerson Electric Co., Honeywell International, Inc., Siemens AG, Rockwell Automation, Inc., and General Electric Company, among others.
The major drivers of the industry such as rising disposable incomes, increasing population, rising urbanisation, rising automation, growing innovations, and increasing preference for Internet of Things and cloud-based automation are driving the growth of the industry globally. EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with industry insights that are accurate, actionable, and help them remain ahead of their competition.
EMR’s approach gives their clients a comprehensive assessment of the prevailing and projected industry conditions through the collection, collation, and analysis of data from trusted sources. The key questions answered in the market study are:
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