Process Automation and Instrumentation Market Analysis, Development, Growth and Demand Forecast to 2020 By P&S Market Research
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  • Process Automation and Instrumentation Market Analysis, Development, Growth and Demand Forecast to 2020 By P&S Market Research

     



    (Transportation-News.com, February 08, 2016 ) The growing demand for integrated packaged solutions and advanced software tools and services is influencing the growth of the global process automation and instrumentation industry. The reduction in operational and maintenance cost, maximized efficiency, improved quality of a plant, and protection to people and environment are some of the other factors, which are driving the growth of the global process automation and instrumentation market.

    Explore more or request TOC on Global process automation and instrumentation market at: https://www.psmarketresearch.com/market-analysis/process-automation-and-instrumentation-market

    The oil and gas extraction is the largest segment in the global process automation and instrumentation market. This segment is estimated to account for over half of the global energy demand of the process automation and instrumentation market. The growing demand of oil and gas, exploration and extraction of 'shale' gas, increasing emphasis on safety and security, up gradation of old oil and gas platforms, and exploration and extraction from aging oil and gas wells are the major factors, driving the growth of the oil and gas extraction segment in the global market.

    Browse related market research at: https://www.psmarketresearch.com/industry-report/ict-and-media

    The process automation and instrumentation helps in minimizing the overall cost of the final product, as it helps in minimizing the costs expenses related to energy, infrastructure and manpower. Automation is a set of technologies required to achieve high grade performance by systems and machines with minimum human intervention. Instrumentation is the backbone for any process of automation industry.

    The issues related to the integration of data produced by installed automation products, and matured and saturated developed economies are some of the factors, obstructing the growth of the global market. North America dominates the global market of process automation and instrumentation, due to increasing income of customers and strong economic condition of the region. Europe is expected to witness fastest growth during the forecast period, owing to increasing automated retail chains and their product lines. ABB, Danaher Corporation, Emerson Electric Co., OMRON Corporation, Mitsubishi Electric Corporation, Siemens AG are some of the competitors in the global process automation and instrumentation market.

    Process Automation and Instrumentation Market Segmentation:
    By Type
    • Hardware
     Controllers
     Switches
     Human Machine Interface (HMI)
     Remote Telemetry Unit (RTU)
     I/O Cards
    • Software
    • Services
    By Technology
    • SCADA
    • Programmable Logic Controllers (PLC)
    • Manufacturing Execution Systems (MES)
    • Distributed Control Systems (DCS)
    • Other
    By Communication Protocol
    • Wired
     Standard Analog
     Profibus
     Foundation Field Bus
     Modbus
    • Wireless
     Wirelesshart
     Isa100 Process Communication Standards
    By Transmitter Type
    • Flow Transmitters
    • Temperature Transmitters
    • Temperature Transmitters

    By Application
    • Chemical/Petrochemical Manufacturing
    • Metals
    • Water & Wastewater Treatment
    • Energy & Utilities
    • Food, Tobacco & Beverage Manufacturing
    • Oil & Gas Extraction
    • Glass and Solar
    • Automotive
    • Others
    By Geography
    • North America:
     U.S.
     Canada
    • Western Europe
    • Eastern Europe
    • Asia-Pacific
     India
     China
     Japan
     Malaysia
     South Korea
    • Rest of the World
     Brazil

    About P&S Market Research

    P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

    As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

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