Process Automation And Instrumentation Market Share, Demand and Analysis 2034
Global Process Automation and Instrumentation Market Growth, Size, Trends Analysis- By Instrument Type, By Solution, By End Use - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Aug-2025 | Report ID: SEMI2559 | Pages: 1 - 273 | Formats*: |
| Category : Semiconductor and Electronics | |||
Global Process Automation and Instrumentation Market Introduction and Overview
According to SPER Market Research, the Global Process Automation and Instrumentation Market is estimated to reach USD 135.35 billion by 2034 with a CAGR 6.16%.
The report includes an in-depth analysis of the Global Process Automation and Instrumentation Market, including market size and trends, product mix, Applications, and supplier analysis. The global Process Automation and Instrumentation Market was valued at USD 74.44 billion in 2024 and is expected to grow at a CAGR of over 6.16% from 2025 to 2034. Market growth in process automation and instrumentation is driven by industries seeking to reduce operational costs and enhance productivity. Investment in smart factories—featuring cyber-physical systems, IoT, and real-time analytics—is rising. The adoption of cloud-based automation is accelerating due to the demand for scalable, flexible, and cost-effective platforms offering real-time resource management. Advanced technologies like IoT, AI, and ML are revolutionizing the industry by enabling predictive maintenance, optimizing processes, and minimizing energy use. These innovations support adaptive control systems that adjust to changing conditions, fostering smarter, more efficient automation and opening significant opportunities for industry expansion.
By Instrument Type:
The field instruments segment dominates the market due to its vital role in delivering accurate, real-time monitoring of industrial operations. Their extensive use across sectors like oil and gas, water treatment, and manufacturing stems from the growing need for precision and safety in complex environments. Innovations in sensor technology, including wireless communication and self-calibration, are further boosting growth. Meanwhile, the control valves and analyzers segment is projected to grow rapidly, driven by the demand for tighter control of process variables and the shift toward predictive maintenance and advanced, automated control systems.
By Solution:
The programmable logic controllers (PLC) segment led the market in revenue due to its reliability, scalability, and real-time decision-making capabilities in industrial automation. Widely used across industries from discrete to continuous processing, PLCs form a core part of modern automation systems. Growth is further driven by their integration with IoT and SCADA platforms and efforts to upgrade aging industrial infrastructure. Meanwhile, the advanced process control (APC) segment is poised for the fastest growth, as its predictive modeling and real-time analytics help industries optimize processes, reduce variability, boost efficiency, and lower energy use.
By End Use:
The oil and gas sector led the market in revenue due to its strong dependence on automation and instrumentation for process efficiency, safety, and regulatory compliance. Operating in remote, hazardous environments, the industry relies on advanced systems for asset monitoring and control. Continued focus on improving recovery, cutting costs, and meeting environmental standards fuels ongoing investment. Meanwhile, the pharmaceutical segment is set for the fastest growth, driven by rising regulatory demands, the need for high-quality output, and traceability in drug production.
Regional Insights:
North America led the process automation and instrumentation market in 2024, driven by a strong emphasis on operational efficiency and cost reduction. Industries across the region are increasingly adopting automation technologies to streamline operations, optimize resources, and reduce manual efforts, resulting in improved productivity and lower downtime. Within the region, the U.S. held the largest market share, fueled by ongoing corporate infrastructure upgrades and the integration of advanced software solutions. These efforts support the deployment of innovative technologies and systems aimed at enhancing operational performance across diverse industrial sectors, solidifying the U.S. as a key driver of market growth.
Market Competitive Landscape:
The global Process Automation and Instrumentation Market is moderately fragmented. some of the market key players are ABB Ltd., Emerson Electric Co., Endress+Hauser, Inc., FANUC Corporation, Honeywell International Inc., Omron Corporation, Rockwell Automation Inc., Schneider Electric, Siemens AG, Yokogawa Electric Corporation.
Recent Developments:
In March 2025, Siemens AG launched a generative AI-powered upgrade to its Industrial Copilot suite, enhancing Senseye Predictive Maintenance to streamline the entire maintenance cycle with AI-driven insights.
In September 2024, Schneider Electric introduced EcoStruxure Automation Expert v24, a software-centric industrial automation system aimed at supporting larger plant architectures and improving interoperability.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Instrument Type, By Solution, By End Use |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa |
| Companies Covered | ABB Ltd., Emerson Electric Co., Endress+Hauser, Inc., FANUC Corporation, Honeywell International Inc., Omron Corporation, Rockwell Automation Inc., Schneider Electric, Siemens AG, Yokogawa Electric Corporation. |
Key Topics Covered in the Report
- Global Process Automation and Instrumentation Market Size (FY’2021-FY’2034)
- Overview of Global Process Automation and Instrumentation Market
- Segmentation of Global Process Automation and Instrumentation Market By Instrument Type (Field Instruments, Control Valves & Analyzers)
- Segmentation of Global Process Automation and Instrumentation Market By Solution (Programmable Logic Controllers (PLC), Supervisory Control and Data Acquisition (SCADA), Distributed Control Systems (DCS), Human Machine Interface (HMI), Advanced Process Control (APC), Manufacturing Execution Systems (MES), Safety Instrumented Systems (SIS)}
- Segmentation of Global Process Automation and Instrumentation Market By End Use (Automotive, Chemical, Energy & Utilities, Food & Beverage, Metals & Mining, Oil & Gas, Pharmaceutical, Pulp & Paper, Aerospace & Defense, Others)
- Statistical Snap of Global Process Automation and Instrumentation Market
- Expansion Analysis of Global Process Automation and Instrumentation Market
- Problems and Obstacles in Global Process Automation and Instrumentation Market
- Competitive Landscape in the Global Process Automation and Instrumentation Market
- Details on Current Investment in Global Process Automation and Instrumentation Market
- Competitive Analysis of Global Process Automation and Instrumentation Market
- Prominent Players in the Global Process Automation and Instrumentation Market
- SWOT Analysis of Global Process Automation and Instrumentation Market
- Global Process Automation and Instrumentation Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1.Introduction
1.1.Scope of the report1.2.Market segment analysis
2.Research Methodology
2.1.Research data source
2.1.1.Secondary Data2.1.2.Primary Data2.1.3.SPERs internal database2.1.4.Premium insight from KOLs
2.2.Market size estimation
2.2.1.Top-down and Bottom-up approach
2.3.Data triangulation
3.Executive Summary
4.Market Dynamics
4.1.Driver, Restraint, Opportunity and Challenges analysis
4.1.1.Drivers4.1.2.Restraints4.1.3.Opportunities4.1.4.Challenges
5.Market variable and outlook
5.1.SWOT Analysis
5.1.1.Strengths5.1.2.Weaknesses5.1.3.Opportunities5.1.4.Threats
5.2.PESTEL Analysis
5.2.1.Political Landscape5.2.2.Economic Landscape5.2.3.Social Landscape5.2.4.Technological Landscape5.2.5.Environmental Landscape5.2.6.Legal Landscape
5.3.PORTERs Five Forces
5.3.1.Bargaining power of suppliers5.3.2.Bargaining power of buyers5.3.3.Threat of Substitute5.3.4.Threat of new entrant5.3.5.Competitive rivalry
5.4.Heat Map Analysis
6.Competitive Landscape
6.1.Global Process Automation and Instrumentation Market Manufacturing Base Distribution, Sales Area, Product Type6.2.Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Process Automation and Instrumentation Market
7.Global Process Automation and Instrumentation Market, By Instrument Type, (USD Million) 2021-2034
7.1.Field Instruments7.2.Control Valves & Analyzers
8.Global Process Automation and Instrumentation Market, By Solution, (USD Million) 2021-2034
8.1.Programmable Logic Controllers (PLC)8.2.Supervisory Control and Data Acquisition (SCADA)8.3.Distributed Control Systems (DCS)8.4.Human Machine Interface (HMI)8.5.Advanced Process Control (APC)8.6.Manufacturing Execution Systems (MES)8.7.Safety Instrumented Systems (SIS)
9.Global Process Automation and Instrumentation Market, By End Use, (USD Million) 2021-2034
9.1.Automotive9.2.Chemical9.3.Energy & Utilities9.4.Food & Beverage9.5.Metals & Mining9.6.Oil & Gas9.7.Pharmaceutical9.8.Pulp & Paper9.9.Aerospace & Defense9.10.Others
10.Global Process Automation and Instrumentation Market, (USD Million) 2021-2034
10.1.Global Process Automation and Instrumentation Market Size and Market Share
11.Global Process Automation and Instrumentation Market, By Region, 2021-2034 (USD Million)
11.1.Asia-Pacific
11.1.1.Australia11.1.2.China11.1.3.India11.1.4.Japan11.1.5.South Korea11.1.6.Rest of Asia-Pacific
11.2.Europe
11.2.1.France11.2.2.Germany11.2.3.Italy11.2.4.Spain11.2.5.United Kingdom11.2.6.Rest of Europe
11.3.Middle East and Africa
11.3.1.Kingdom of Saudi Arabia11.3.2.United Arab Emirates11.3.3.Qatar11.3.4.South Africa11.3.5.Egypt11.3.6.Morocco11.3.7.Nigeria11.3.8.Rest of Middle-East and Africa
11.4.North America
11.4.1.Canada11.4.2.Mexico11.4.3.United States
11.5.Latin America
11.5.1.Argentina11.5.2.Brazil11.5.3.Rest of Latin America
12.Company Profile
12.1.ABB Ltd.
12.1.1.Company details12.1.2.Financial outlook12.1.3.Product summary12.1.4.Recent developments
12.2.Emerson Electric Co.
12.2.1.Company details12.2.2.Financial outlook12.2.3.Product summary12.2.4.Recent developments
12.3.Endress+Hauser, Inc.
12.3.1.Company details12.3.2.Financial outlook12.3.3.Product summary12.3.4.Recent developments
12.4.FANUC Corporation
12.4.1.Company details12.4.2.Financial outlook12.4.3.Product summary12.4.4.Recent developments
12.5.Honeywell International Inc.
12.5.1.Company details12.5.2.Financial outlook12.5.3.Product summary12.5.4.Recent developments
12.6.Omron Corporation
12.6.1.Company details12.6.2.Financial outlook12.6.3.Product summary12.6.4.Recent developments
12.7.Rockwell Automation Inc.
12.7.1.Company details12.7.2.Financial outlook12.7.3.Product summary12.7.4.Recent developments
12.8.Schneider Electric
12.8.1.Company details12.8.2.Financial outlook12.8.3.Product summary12.8.4.Recent developments
12.9.Siemens AG
12.9.1.Company details12.9.2.Financial outlook12.9.3.Product summary12.9.4.Recent developments
12.10.Yokogawa Electric Corporation
12.10.1.Company details12.10.2.Financial outlook12.10.3.Product summary12.10.4.Recent developments
12.11.Others
13.Conclusion
14.List of Abbreviations
15.Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Process Automation And Instrumentation Market is projected to reach USD 135.35 billion by 2034, growing at a CAGR of 6.16% during the forecast period.
Process Automation And Instrumentation Market size from 2025. The Market is expected to reach USD 135.35 billion by 2034, at a CAGR of 6.16% during the forecast period.
Process Automation And Instrumentation Market CAGR of 6.16% during the forecast period.
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Process Automation And Instrumentation Market size is USD 135.35 billion from 2025 to 2034.
Process Automation And Instrumentation Market covered By Instrument Type, By Solution, By End Use
The North America is anticipated to have the highest Market share in the Process Automation And Instrumentation Market.
ABB Ltd., Emerson Electric Co., Endress+Hauser, Inc., FANUC Corporation, Honeywell International Inc., Omron Corporation, Rockwell Automation Inc., Schneider Electric, Siemens AG, Yokogawa Electric Corporation.
The report includes an in-depth analysis of the Global Process Automation and Instrumentation Market, including market size and trends, product mix, Applications, and supplier analysis.
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