Global Process Automation and Instrumentation Market Growth Statistics, Latest Trends & Future Prospects 2022

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Summary - A new market study, titled “Global Process Automation and Instrumentation Market 2018-2022 ” has been featured on WiseGuyReports.
About Process Automation and Instrumentation
The report considers process automation and process instrumentation tools, equipment, and devices that help in seamlessly connecting and integrating different sub-processes within the industries. Under process automation, the report scope includes PLC, SCADA, DCS, and MES while process instrumentation includes control valves and industrial transmitters only
ALSO READ: https://industrytoday.co.uk/manufacturing/process-automation-and-in...
Technavio’s analysts forecast the global process automation and instrumentation market to grow at USD 91.60 billion during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global process automation and instrumentation market for 2018-2022. To calculate the market size, the report considers the revenue generated from the process automation and instrumentation.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Process Automation and Instrumentation Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• ABB
• Emerson Electric
• Honeywell
• Mitsubishi Electric
• OMRON
• Rockwell Automation
• Schneider Electric
• Siemens
Market driver
• The adoption of multivendor portable applications
• For a full, detailed list, view our report
Market challenge
• High instrument failure rates
• For a full, detailed list, view our report
Market trend
• IT and OT convergence
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report
FOR MORE DETAILS: https://www.wiseguyreports.com/reports/2811914-global-process-autom...
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