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Automation Instrumentation Market, Global Outlook and Forecast 2023-2029

Automation Instrumentation Market, Global Outlook and Forecast 2023-2029

  • Published on : 15 June 2023
  • Pages :74
  • Report Code:SMR-7723480

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Report overview

Automation can be defined as the use of automated machinery and computers for smooth and efficient task execution. Automation can be broadly divided in three types based on output, viz. mass or flow, batch and flexible or job automation. When the design is not flexible and there is high production then it is classified as mass and flow. When the output is moderate and the process is carried out in different batches, it is termed as batch automation. When the production is low and the design varies in accordance with the product specifications, then the classification is termed as flexible or job.
Instrumentation refers to the devices used for the purpose of observation, measurement, control and monitor. Novel automation types have been developed in the recent past which such as information technology (IT),flexible manufacturing systems (FMS), computer-aided manufacturing (CAM), Robots, computer integrated manufacturing (CIM) and Numerically controlled (NC) equipment. IT encompasses computer technologies that are used to create, disseminate, store and retrieve information. CAM uses computers for different functions in production planning and control. NC machines are programmed machine tools that engage in sequential operation execution. Robots are automated equipments that are used to execute several tasks which are normally performed by humans.FMS includes robots, automated material handling tools and numerically controlled tools. In CIM systems many manufacturing functions are linked through an integrated computer network.
This report aims to provide a comprehensive presentation of the global market for Automation Instrumentation, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automation Instrumentation. This report contains market size and forecasts of Automation Instrumentation in global, including the following market information:
Global Automation Instrumentation Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automation Instrumentation Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Automation Instrumentation companies in 2022 (%)
The global Automation Instrumentation market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Developed markets such as North America and Europe dominated the global market in the recent past and are projected to continue this dominance over the forecast period. Developing markets, which were characterized by large availability of labor, are seeing a shift in trend towards automation across multiple industries. Companies have taken initiatives to cater to the developing markets by shifting their production bases to such areas. Such a trend is presumed to positively impact the regional automation instrumentation market over the forecast period. Economies such as India, China and Brazil are presumed to lead their respective regional markets in the near future.
We surveyed the Automation Instrumentation manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automation Instrumentation Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automation Instrumentation Market Segment Percentages, by Type, 2022 (%)
Pressure Transmitter
Temperature Transmitter
Level and Humidity Transmitter
Global Automation Instrumentation Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automation Instrumentation Market Segment Percentages, by Application, 2022 (%)
Chemicals Industry
Food & Beverages Industry
Pharmaceuticals Industry
Metals & Mining Industry
Oil & Gas Industry
Global Automation Instrumentation Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automation Instrumentation Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automation Instrumentation revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automation Instrumentation revenues share in global market, 2022 (%)
Key companies Automation Instrumentation sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Automation Instrumentation sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB Ltd
Emerson Electric Company
Honeywell International Inc.
Rockwell Automation
Siemens AG
Schneider Electric SE
Endress+Hauser AG
Hollysys Automation Technologies Ltd
Mitsubishi Electric Corporation
Pepperl+Fuchs GmbH
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automation Instrumentation, market overview.
Chapter 2: Global Automation Instrumentation market size in revenue and volume.
Chapter 3: Detailed analysis of Automation Instrumentation manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automation Instrumentation in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automation Instrumentation capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.