Process Automation and Instrumentation Market Worth $180 Billion by 2020
DALLAS—According to the new market research report "Process Automation and Instrumentation Market by Types (Hardware, Software, Service), Technology (SCADA, PLC, DCS, MES), Application (Chemical, Oil & Gas, Solar, Metal, Water & Waste, Energy, Food, Automotive) and Geography, the Process Automation and Instrumentation Market is projected to reach $180.26 billion by 2020, growing at a CAGR of 6.08 percent from 2014 to 2020.
The Process Automation And Instrumentation Market is segmented into four categories: technology, types, application and geography. This report divides the overall market into four main geographical segments: the Americas, Europe, APAC and ROW. The Americas region currently contributes highest in the market growth as compared to the other regions.