Process automation is a process that reduces the human intervention during the process. In automation process, use of various control systems for operating equipment such as machinery, production processes in the factories, boilers, switching telephone networks, aircrafts and other applications. Some processes are have been fully automated. The major advantages of automation are: minimal human efforts, energy saving process and also improve the product quality with accuracy and precision. Control and automation 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.
Process control automation is the use of different control systems, software and other technologies for automation and effective control over the manufacturing process. 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.
The largest contributor of automation process is oil and gas industry followed by chemicals industry and waste water treatment industry. Many companies in the world are exploring for the new conventional and non-conventional hydrocarbon resources due to increasing energy demand. Such findings will boost the demand for process automation in solutions in the oil and gas industry. Automation solutions such as SCADA (supervisory control and data acquisition), DCS (distributed control systems), and MES (manufacturing execution systems) will play a vital role in the communication and control of remotely located units during the forecast period.
The report explains the Process Automation market which is segmented on the basis of type, system and module analysis, valves, actuators and positioner’s analysis, industry verticals, application and geography. Based on type, process automation market is classified into Robotics, Industrial Automation, Electrical Systems & Components, Testing, and Inspection & Certification. The market is further segmented on the basis of systems and module analysis such Software systems, Instrumentation and controls, Switches, Controllers, I/O cards, and process automation services. The market is further segmented on the basis of Positioners, Actuators and Valves. The market segmented on the basis of industry such as Food and Beverage, Automotive, Petro chemical, Oil and Gas, Chemical, Water Packaging, Paper and Pulp, Pharmaceutical and Others. The report also focuses on different geographic regions and the key countries in terms of changing trends in process automation market in various fields.
The global Process Control Automation Market revenue is expected to grow from $XXm in 2015, to $XXm in 2022 at an estimated CAGR of X% during 2017 to 2022. The market is projected to grow at CAGR of X% to expected reach $XXm by 2022. The APAC region is expected to rejuvenate the Process Automation and Instrumentation Market owing to the escalated demands from the oil and gas extraction, wastewater treatment, and pharmaceutical verticals. 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.
Americas was the leading market for process control automation in 2015 followed by Europe. The APAC region is forecast to exhibit high growth of XX% CAGR through 2022 to reach $XXm. In ROW region with the increasing spending coupled with the ageing infrastructure are likely to propel the market for process automation in the region. Innovative products and services are gradually capturing the Process Control 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.
Sample Companies profiled in this report are:
ABB Ltd. (Switzerland),
Danaher Corporation (U.S.),
Emerson Electric Company (U.S.),
Honeywell International Inc. (U.S.),
Mitsubishi Electric Corporation (Japan),
Omron Corporation (Japan),
Rockwell Automation Inc. (U.S.),
Schneider Electric SA (France),
Siemens AG (Germany)
Yokogawa Electric Corporation (Japan).