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.
The leading companies in the Process Automation And Instrumentation Market covered in the 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) and Yokogawa Electric Corporation (Japan).
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