프로세스 자동화 및 계측 시장 예측(-2030년) : 유형, 기술, 용도 및 지역별 분석

According to Stratistics MRC, the Global Process Automation & Instrumentation Market is accounted for $69.7 billion in 2024 and is expected to reach $107.5 billion by 2030 growing at a CAGR of 7.5% during the forecast period. Process Automation & Instrumentation involves the integration of control systems, sensors, and software to automate industrial processes. It includes technologies like PLCs (Programmable Logic Controllers), DCS (Distributed Control Systems), and SCADA (Supervisory Control and Data Acquisition) systems. These solutions enhance operational efficiency, reduce human error, and ensure consistent product quality across industries such as manufacturing, oil & gas, pharmaceuticals, and utilities.

According to the NACE (National Association for Corrosion Engineers), the oil and gas industry suffers a cost of over USD 1.6 billion per year due to corrosion alone.

Market Dynamics:

Driver:

Increasing focus on cost saving and efficiency

Utilities and industries seek RMUs that offer reduced operational costs through energy-efficient designs, maintenance optimization, and longer lifecycle benefits. Manufacturers respond by developing advanced RMUs with integrated monitoring and control capabilities, enabling predictive maintenance and minimizing downtime. Additionally, cost-effective solutions that enhance grid reliability and performance are in high demand which drives the growth of the market.

Restraint:

High initial investment costs

In case of utilities and operators, the upfront expenses for purchasing and installing RMUs can be substantial, impacting budget allocations and project feasibility. The cost-sensitive nature of the industry may delay infrastructure upgrades and modernization efforts, particularly in regions with limited financial resources. Moreover, higher initial costs can deter potential customers from investing in RMUs, opting instead for cheaper alternatives or delaying adoption altogether.

Opportunity:

Rising trend of connected enterprises

Connected enterprises leverage digital technologies and IoT (Internet of Things) to enhance real-time monitoring, data analytics, and control capabilities across distributed energy networks. RMUs equipped with communication and connectivity features play a pivotal role in this ecosystem, enabling seamless integration, remote management, and predictive maintenance. This trend drives innovation in RMU designs, focusing on interoperability, cybersecurity, and scalability to meet evolving grid demands.

Threat:

Concerns about job displacement

Utilities and industries may hesitate to invest in RMUs that promise increased automation and efficiency if it is perceived to result in reduced workforce requirements. This reluctance can hinder innovation and delay modernization efforts in electricity distribution networks. Additionally, stakeholders may face pressure to prioritize job retention over technological upgrades, limiting the pace of transformation towards smart grid solutions hampering the market growth.

Covid-19 Impact

The Covid-19 pandemic accelerated demand for process automation and instrumentation as industries sought to minimize human contact and maintain operations remotely. Essential sectors like pharmaceuticals, food & beverage, and healthcare increased investments in automation to ensure continuity and safety. Supply chain disruptions underscored the importance of resilient manufacturing and logistics systems, driving adoption of advanced control systems and robotics. However, sectors like oil & gas faced reduced investments amidst economic uncertainty. The crisis also spurred innovation in remote monitoring technologies and digital solutions.

The instrument segment is expected to be the largest during the forecast period

The instrument is expected to be the largest during the forecast period because sensors, analyzers, meters, and other instruments provide real-time data on variables like temperature, pressure, flow, and composition, enabling precise control and decision-making. Advancements in instrument technology, such as wireless connectivity and miniaturization, enhance automation capabilities and facilitate data integration across systems. The demand for reliable and accurate instruments is driven by industries' need to improve operational efficiency, ensure product quality, and comply with regulatory requirements.

The industrial internet of things segment is expected to have the highest CAGR during the forecast period

The industrial internet of things segment is expected to have the highest CAGR during the forecast period enabling interconnected devices to gather, analyze, and share data across industrial operations in real-time. IIoT enhances automation by optimizing processes, predicting maintenance needs, and improving resource utilization. Instruments equipped with sensors and IoT connectivity offer enhanced monitoring and control capabilities, facilitating remote operation and decision-making. This integration enhances operational efficiency, reduces downtime, and supports predictive maintenance strategies.

Region with largest share:

North America is projected to hold the largest market share during the forecast period as north America is one of the largest global markets for process automation and instrumentation. The United States is renowned for its innovation capabilities and is at the forefront of prominent developments surrounding the emerging technologies of the Fourth Industrial Revolution. New-found shale resources in the United States, and an increasing number of oil and gas projects in Canada, are additional indicators of the market potential.

Region with highest CAGR:

Asia Pacific is projected to hold the highest CAGR over the forecast period owing to countries like China, India, Japan, and South Korea lead in manufacturing, oil & gas, and automotive industries, fueling demand for PLCs, DCS, and SCADA systems. The region's focus on improving operational efficiency, reducing production costs, and meeting stringent regulatory standards accelerates market growth. Advancements in AI, IoT, and digital transformation further boost market opportunities in this region.

Key players in the market

Some of the key players in Process Automation & Instrumentation market include ABB Ltd, Dassault Systems, Delta Electronics, Eaton Corporation, Emerson Electric Co., Fuji Electric, General Electric Company, Honeywell International, Inc., Johnson Controls, Inc., Koyo Electronics Industries Co., Ltd, Mitsubishi Electric, Pepper Fuchs GmbH., Robert Bosch GmbH, Rockwell Automation, Inc., Schneider Electric SE, Siemens AG and Yokogawa Electric Corporation

Key Developments:

In June 2024, ABB's integrated technology will stabilize the power grid as Spanish islands transition to green energy. With this project, Red Electrica advances the execution of its Network Development Plan 2021-2026, which will allow the integration of 67 percent renewable energy into the generation mix

In June 2024, ABB launches next-generation Robotics control platform OmniCore. Unique, single control architecture integrates ABB Robotics' complete range of hardware and software

In June 2024, E Vernova Inc. and Seatrium Limited announced that, they have been awarded a third contract by TenneT TSO B.V. (TenneT) for the construction of a 2-gigawatt (GW) High Voltage Direct Current (HVDC) electric offshore transmission system in the Netherlands.

Types Covered:

• Instrument
• Solutions
• Instrumentation & Controls
• Other Types

Technologies Covered:

• Industrial Internet of Things
• Artificial Intelligence & Machine Learning
• Robotics and Automated Guided Vehicles
• Process Analytical Technology
• Cloud Computing
• Big Data Analytics
• Blockchain Technology
• Other Technologies

Applications Covered:

• Oil & Gas
• Chemicals & Petrochemicals
• Pharmaceuticals & Biotechnology
• Energy & Power
• Food & Beverages
• Water & Wastewater Treatment
• Pulp & Paper
• Metals & Mining
• Automotive
• Semiconductors & Electronics
• Aerospace & Defense
• Building Automation
• Glass & Ceramics
• Rubber & Plastics
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 Application Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Process Automation & Instrumentation Market, By Type

• 5.1 Introduction
• 5.2 Instrument
  • 5.2.1 Field Instruments
  • 5.2.2 Control Valve
  • 5.2.3 Analytical Instruments
• 5.3 Solutions
  • 5.3.1 Advanced Process Control (APC)
  • 5.3.2 Distributed Control System (DCS)
  • 5.3.3 Human Machine Interface (HMI)
  • 5.3.4 Manufacturing Execution System (MES)
  • 5.3.5 Programmable Logic Controller (PLC)
  • 5.3.6 Safety Automation
  • 5.3.7 Supervisory Control and Data Acquisition (SCADA)
• 5.4 Instrumentation & Controls
  • 5.4.1 Speed Sensors
  • 5.4.2 Position Sensors
  • 5.4.3 Level Transmitters
  • 5.4.4 Flow Transmitters
  • 5.4.5 Pressure Transmitters
  • 5.4.6 Temperature Transmitters
  • 5.4.7 Switches
  • 5.4.8 Controllers
  • 5.4.9 Actuators
  • 5.4.10 Valves
  • 5.4.11 Positioners
• 5.5 Other Types

6 Global Process Automation & Instrumentation Market, By Technology

• 6.1 Introduction
• 6.2 Industrial Internet of Things
• 6.3 Artificial Intelligence & Machine Learning
• 6.4 Robotics and Automated Guided Vehicles
• 6.5 Process Analytical Technology
• 6.6 Cloud Computing
• 6.7 Big Data Analytics
• 6.8 Blockchain Technology
• 6.9 Other Technologies

7 Global Process Automation & Instrumentation Market, By Application

• 7.1 Introduction
• 7.2 Oil & Gas
• 7.3 Chemicals & Petrochemicals
• 7.4 Pharmaceuticals & Biotechnology
• 7.5 Energy & Power
• 7.6 Food & Beverages
• 7.7 Water & Wastewater Treatment
• 7.8 Pulp & Paper
• 7.9 Metals & Mining
• 7.10 Automotive
• 7.11 Semiconductors & Electronics
• 7.12 Aerospace & Defense
• 7.13 Building Automation
• 7.14 Glass & Ceramics
• 7.15 Rubber & Plastics
• 7.16 Other Applications

8 Global Process Automation & Instrumentation Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 ABB Ltd
• 10.2 Dassault Systems
• 10.3 Delta Electronics
• 10.4 Eaton Corporation
• 10.5 Emerson Electric Co.
• 10.6 Fuji Electric
• 10.7 General Electric Company
• 10.8 Honeywell International, Inc.
• 10.9 Johnson Controls, Inc.
• 10.10 Koyo Electronics Industries Co., Ltd
• 10.11 Mitsubishi Electric
• 10.12 Pepper Fuchs GmbH.
• 10.13 Robert Bosch GmbH
• 10.14 Rockwell Automation, Inc.
• 10.15 Schneider Electric SE
• 10.16 Siemens AG
• 10.17 Yokogawa Electric Corporation