Process Automation Market & Instrumentation Market to Grow at a CAGR of 6.05% to 2018 adds report “Process Automation Market & Instrumentation Market – By Technology (SCADA, PLC, DCS, MES), Communication (Profibus, Fieldbus, Wireless HART, ISA100), Transmitter (Flow, Temperature, Level, Pressure) – Analysis and Forecast (2013 – 2018)” to its store.

The report, based on the extensive research study of the process automation and instrumentation market, is aimed at identifying the entire market of process automation, specifically, the technology, hardware, software, services and the communication protocol.The market report also covers the field instruments used in the process industries. The report covers the overall market and sub-segment markets through extensively detailed classifications.

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The market revenue is expected to grow from $31.80billion in 2012, to $45.92 billion in 2018, at an estimated CAGR of 6.05% from 2013 to 2018. Also, the instrumentation market is expected to grow from $26.50 billion in 2012, to $36.71 billion in 2018, with a CAGR of 5.07%.

The report classifies the market on the basis of different types of technology, communication protocols, transmittersand other field instruments, applications and geographical analysis, forecasting revenue, and analyzing trends. On the basis of technology, the market is covered by the production control system, which is further divided into SCADA, PLC, MES, and DCS.

The need for the process automation has fundamentally arisen from— the urgefor high productivity, less down time, improved product quality, lesser energy cost, enhanced safety and many other factors. The major manufacturing industries like drug and pharmaceutical, food, tobacco and beverages, and the likes fall under the credentials of Good Manufacturing Practices (GMP),whichare deemed to ingrain the guidelines for the automation processes. It promotes energy efficient solutions, which are leading to sustainable manufacturing.

The application market is classified based on the industry application segments like chemical manufacturing, water and waste water treatment, pharmaceutical,energy & utilities, food & beverages manufacturing, metals, minerals and mining, oil and gas extraction, marine, and a few others. The market trends and future projections for these applications are discussed comprehensively.

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Within the communication protocols, the market report covers wired and wireless communication protocols in the process industry environment. The wired communication protocols include the major protocols like standard analog, 40mA HART, Profibus, foundation fieldbus and MODBUS. On the other hand, wireless communication protocols include WirelessHART and ISA100.

On the basis of geography—America, Europe, Asia-Pacific and ROW markets are covered extensively. Each geographical region is further divided by either country level or by major sub-regions, most relevant to the market. It also provides market tables for covering the sub-segments. In addition, the report provides 24 extensive company profiles covering all the sub-segments.

The major segments for process automation include technology, hardware component market, the standalone software market, and the service industry for processes. These segments are further drilled down to smaller sub-segments, for example: – services market is further segmented into asset management, external engineering, consulting services, and a few others.

The process instrumentation market is segmented into the major types of instruments used in the process industry. Flow, temperature, level and pressure transmitters, and the control valves are the instruments covered in this report.

Key Take-Away

Impact analysis of the automation & instrumentation market, which describes factors, currently, driving and restraining the growth of the market, as well as the impact in the long run.

Market size, forecasts, and industry roadmap of the process automation and instrumentation market.

Extensive qualitative analysis of the process automation and instrumentation market. Porter’s Five Force analysis to understand the market opportunities for potential new entrants and the current players.

Burning issues and opportunities with respect to automation and instrumentation market

Analysis of different process automation technologies, software, and services

Analysis of different process instrumentation products

Analysis of geographic trends of the market

Analysis of different applications of the market

Key trends shaping and influencing the market

Identification of segments with high growth potential

Region-specific developments and peculiarities

Identifying the key growth strategies for companies in the process automation and instrumentation market

Identifying the major players in different geographical regions

The competitive landscape of the industry

Company profiles of global market leaders across the value chain.

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