The Business Research Company’s report on the Amusement Parks Global Market Report 2025 Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the process control automation market in recent years?
The expansion of the manufacturing sector is expected to propel the growth of the process control automation market going forward. The manufacturing sector refers to the portion of the economy producing goods through various processes, such as machining, fabrication, assembly, or chemical processing. The manufacturing sector is expanding due to economic growth, government policies and incentives, consumer demand and preferences, and supply chain resilience. Process control automation plays a crucial role in manufacturing by enhancing efficiency, quality, productivity, flexibility, safety, and cost-effectiveness. It enables manufacturers to remain competitive in an increasingly complex and dynamic business environment. For instance, in August 2023, according to a report published by the National Association of Manufacturers (NAM), a US-based manufacturer association, manufacturing value-added production exhibited yearly growth from $2.905 trillion in the first quarter of 2023 to $2.895 trillion in the fourth. Manufacturing made up 10.9% of the value-added output in the first quarter of the US economy. Therefore, the expansion of the manufacturing sector is driving the growth of the process control automation market.
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What is the projected market size of the process control automation industry, and how is it expected to grow?
The process control automation market size has grown strongly in recent years. It will grow from $62.71 billion in 2024 to $66.14 billion in 2025 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to industry 4.0 revolution in the manufacturing sector, growing need to achieve process optimization in lesser time, rising rate of the population entering the middle and upper classes, reduction of operating costs with the advent of IoT, implementation of new policies and regulations.
The process control automation market size is expected to see strong growth in the next few years. It will grow to $80.71 billion in 2029 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to expansion of manufacturing sector, increasing demand for automation in industries, increasing demand for machines, increasing number of government initiatives, increasing use of remote operations. Major trends in the forecast period include technological advancements, use of advanced software, development of process automation companies, product innovation, adoption of automation technologies.
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Who are the key players driving competition in the process control automation market?
Major companies operating in the process control automation market are Mitsubishi Electric Corporation, Robert Bosch GmbH, Siemens AG, General Electric Company, Schneider Electric SE, Danaher Corporation, ABB Ltd., Eaton Corporation Plc, Kawasaki Heavy Industries Ltd., Emerson Electric Co., Delta Electronics Inc., Honeywell International Inc., Rockwell Automation Inc., Omron Corporation, KUKA AG, Yokogawa Electric Corporation, Endress+Hauser AG, AVEVA Group Plc, Pepperl+Fuchs SE, Invensys Limited, IDEC Corporation, Aspen Technology Inc., Rudolph Technologies Inc., Carlo Gavazzi Holding AG, Inductive Automation LLC, Beckhoff Automation, Hawk Measurement Systems, Maple Systems Inc., AlpHa Measurement Solutions LLC
What key trends are expected to drive the process audit services market during the forecast period?
Major companies operating in the process control automation market are developing advanced software-centric industrial automation systems, such as EcoStruxure Automation Expert, to serve customers with advanced features better. EcoStruxure Automation Expert is software-centric industrial automation software that controls and manages various aspects of industrial processes and machinery. It is used to automate and optimize tasks traditionally performed by human operators or mechanical systems. For instance, in December 2022, Schneider Electric, a France-based digital automation company, launched the EcoStruxure Automation Expert. The unique features of EcoStruxure Automation Expert offer consumer-packaged goods, logistics, and water and wastewater operations unparalleled automation capabilities and operational flexibility. These include expanded libraries for segment functions and energy management devices, an improved user experience in the build time tool, enhanced built-in cybersecurity measures, and support for additional engineering input formats like DEXPI and Excel. Moreover, the solution offers language support in Chinese, English, French, German, Italian, Portuguese, and Spanish, along with enriched documentation.
Which key geographies are driving the growth of the process control automation market?
Asia-Pacific was the largest region in the process control automation market in 2024. The regions covered in the process control automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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What are the key segments driving growth in the process control automation market?
The process control automation market covered in this report is segmented –
1) By Instrument Type: Humidity Transmitter, Temperature Transmitter, Pressure Transmitter, Level Transmitter, Control Valves, Analyzers, Communication Hardware, Other Instrument Types
2) By Solution: Programmable Logic Controller (PLC), Distributed Control System (DCS), Manufacturing Execution Systems (MES), Supervisory Control And Data Acquisition (SCADA), Automated Production System (APS), Operator Training Systems (OTS), Safety Automation, Other Solutions
3) By Industry Vertical: Oil And Gas, Chemical, Pharmaceutical, Food And Beverage, Metal And Mining, Power, Pulp And Paper, Water And Wastewater, Other Industry Verticals
Subsegments:
1) By Humidity Transmitter: Capacitive Humidity Transmitters, Resistive Humidity Transmitters, Thermal Conductivity Humidity Transmitters
2) By Temperature Transmitter: RTD (Resistance Temperature Detector) Transmitters, Thermocouple Temperature Transmitters, Infrared Temperature Transmitters, Smart Temperature Transmitters
3) By Pressure Transmitter: Absolute Pressure Transmitters, Differential Pressure Transmitters, Gauge Pressure Transmitters, Multivariable Pressure Transmitters
4) By Level Transmitter: Ultrasonic Level Transmitters, Radar Level Transmitters, Capacitance Level Transmitters, Magnetostrictive Level Transmitters, Differential Pressure Level Transmitters
5) By Control Valves: Globe Control Valves, Ball Control Valves, Butterfly Control Valves, Pressure Relief Control Valves, Motorized Control Valves
6) By Analyzers: Gas Analyzers, pH Or ORP Analyzers, Oxygen Analyzers, Conductivity Analyzers, Turbidity Analyzers
7) By Communication Hardware: Wired Communication Devices, Wireless Communication Devices, Gateway Or Interface Devices, Remote I/O Systems
8) By Other Instrument Types: Flow Meters, Vibration Sensors, Speed Sensors, Strain Gauges, Gas Detectors
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How is the process control automation market defined, and what are its core characteristics?
Process control automation refers to the process of using technology and systems to monitor and adjust industrial processes automatically to achieve a desired output. It involves implementing control systems that manage various aspects of a production process without direct human intervention by minimizing waste, reducing downtime, and enhancing product quality.
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