The global process automation and instrumentation market size is anticipated to reach USD 106.49 billion by 2030 and is expected to expand at a CAGR of 5.9% during the forecast period, according to a new report by Grand View Research, Inc. The market is primarily driven by the increasing industry demand to optimize operational efficiency while reducing costs.
Adopting automation technologies has become essential as businesses strive to remain competitive in a rapidly evolving industrial landscape. These solutions enable streamlined operations, minimize human error, and enhance productivity, offering a compelling value proposition for manufacturers and service providers.
Technological advancements have further accelerated market expansion. The integration of cutting-edge innovations such as the Internet of Things (IoT), artificial intelligence (AI), and machine learning (ML) has transformed traditional automation systems into intelligent, adaptive platforms. These technologies facilitate real-time data collection, predictive maintenance, and dynamic process control, critical for maintaining high performance and reliability in complex industrial environments. The shift toward cloud-based automation solutions also supports scalability and remote monitoring, making them particularly attractive for geographically dispersed operations.
Moreover, the growing emphasis on energy efficiency and sustainability has prompted industries to invest in instrumentation systems that enable precise control and monitoring of energy consumption. This not only supports regulatory compliance but also contributes to long-term cost savings. The rise of smart factories and digital plants, especially in emerging economies such as India and China, is expected to propel market growth further. These regions are witnessing substantial investments in industrial infrastructure, supported by favorable government initiatives and a burgeoning manufacturing sector.
In addition, the need for enhanced safety and operational flexibility in hazardous environments—such as offshore oil rigs, chemical processing units, and mining operations—has led to increased adoption of remote and automated control systems. These solutions reduce the reliance on manual intervention and improve response times, thereby mitigating risks and ensuring continuity of operations.
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Further key findings from the report suggest:
- Based on instrument type, the field instruments segment led the market with the largest market share of 60.4% in 2024.
- Based on solution, the programmable logic controllers (PLC) segment accounted for the largest market revenue share in 2024.
- Based on end use, the oil & gas segment accounted for the largest market revenue share in 2024.
- The North America dominated the process automation and instrumentation market with the largest revenue share of 40.4% in 2024.
- The process automation and instrumentation market in Asia Pacific is expected to grow at the fastest CAGR of 7% from 2025 to 2030
Process Automation And Instrumentation Market Segmentation
Grand View Research has segmented the global process automation and instrumentation market based on instrument type, solution, and end use:
- Instrument Type Outlook (Revenue, USD Billion, 2018 - 2030)
- Field Instruments
- Control Valves & Analyzers
- Solution Outlook (Revenue, USD Billion, 2018 - 2030)
- 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)
- End Use Outlook (Revenue, USD Billion, 2018 - 2030)
- Automotive
- Chemical
- Energy & Utilities
- Food & Beverage
- Metals & Mining
- Oil & Gas
- Pharmaceutical
- Pulp & Paper
- Aerospace & Defense
- Others
- Regional Outlook (Revenue, USD Billion, 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Brazil
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
List of Key Players in the Process Automation And Instrumentation Market
- Siemens AG
- Schneider Electric
- Emerson Electric Co.
- Rockwell Automation Inc.
- ABB Ltd.
- Honeywell International Inc.
- Yokogawa Electric Corporation
- Endress+Hauser, Inc.
- FANUC Corporation
- Omron Corporation
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