Process Automation Market Trends

  • Report ID: 6436
  • Published Date: Sep 16, 2024
  • Report Format: PDF, PPT

 Global Process Automation Market

  1. An Outline of the Global Process Automation Market
    1. Market Definition
    2. Market Segmentation
  2. Assumptions and Abbreviations 
  3. Research Methodology & Approach
    1. Primary Research
    2. Secondary Research
    3. Market Size Estimation
    4. SPSS Methodology
  4. Executive Summary
  5. Opportunities
  6. Growth Drivers
  7. Major Roadblocks
  8. Market Trends
  9. Analysis on the Regulatory & Standards Landscape
  10. Comparative Analysis of the Current Technologies
  11. Up-Coming Technologies
  12. Growth Outlook
  13. Risk Analysis
  14. SWOT Analysis
  15. Value Chain Analysis
  16. Customers: Identification of Key Target Segments
  17. Regional Demand Analysis
  18. Recent News
  19. Strategic Initiatives
  20. Integration of Advanced Technology
  21. Mergers & Acquisitions (M&A)
  22. Use Case Analysis
  23. Comparative Analysis
  24. Competitive Landscape
  25. Competitive Model: A Detailed Inside View for Investors
    1. Company Market Share
    2. Business Profile of Key Enterprise
      1. ABB Ltd
      2. The Bosch Group
      3. Eaton Corporation plc
      4. Emerson Electric Co.
      5. Honeywell International Inc.
      6. Rockwell Automation, Inc.
      7. Siemens AG
      8. Pegasystems Inc.
      9. Dassault Systèmes
      10. Fortra, LLC
      11. Beckhoff Automation
      12. Mitsubishi Electric Corporation
      13. NEC Corporation
      14. Yokogawa Electric Corporation
      15. Avanade Inc. 
  26. Global Process Automation Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
    3. Global Process Automation Market Segmentation Analysis (2024-2037)
      1. By Type
        1. Software Based Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
        2. Service Based Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
        3. Consulting, Market Value (USD Million), and CAGR, 2024-2037F
        4. Training, Market Value (USD Million), and CAGR, 2024-2037F
        5. Implementing, Market Value (USD Million), and CAGR, 2024-2037F
      2. By  Mode of Deployment
        1. Cloud, Market Value (USD Million), and CAGR, 2024-2037F
        2. On-Premises, Market Value (USD Million), and CAGR, 2024-2037F
      3. By  Enterprise Size
        1. Large Enterprises, Market Value (USD Million), and CAGR, 2024-2037F
        2. Small and Medium Enterprises (SMEs), Market Value (USD Million), and CAGR, 2024-2037F
      4. By  System Type
        1. Supervisory Control and Data Acquisition (SCADA), Market Value (USD Million), and CAGR, 2024-2037F
        2. Programmable Logic Controller (PLC), Market Value (USD Million), and CAGR, 2024-2037F
        3. Machine Execution System (MES), Market Value (USD Million), and CAGR, 2024-2037F
        4. Valves and Actuators, Market Value (USD Million), and CAGR, 2024-2037F
        5. Electric Motors, Market Value (USD Million), and CAGR, 2024-2037F
        6. Sensors and Transmitters, Market Value (USD Million), and CAGR, 2024-2037F
        7. Others, Market Value (USD Million), and CAGR, 2024-2037F
      5. By  Task/Operation Type
        1. Knowledge-Based Task, Market Value (USD Million), and CAGR, 2024-2037F
        2. Rule-Based Task, Market Value (USD Million), and CAGR, 2024-2037F
      6. By  End use Industry
        1. Banking, Financial Services and Insurance (BFSI), Market Value (USD Million), and CAGR, 2024-2037F
        2. Healthcare and Pharmaceutical, Market Value (USD Million), and CAGR, 2024-2037F
        3. Sub-segmented by Oil and Gas, Market Value (USD Million), and CAGR, 2024-2037F
          1. Sub-segmented by Upstream Operations, Market Value (USD Million), and CAGR, 2024-2037F
            1. Drilling, Market Value (USD Million), and CAGR, 2024-2037F
            2. Well Monitoring & Control, Market Value (USD Million), and CAGR, 2024-2037F
            3. Reservoir Management, Market Value (USD Million), and CAGR, 2024-2037F
        4. Sub-segmented by Downstream Operations, Market Value (USD Million), and CAGR, 2024-2037F
          1. Refining Process Control, Market Value (USD Million), and CAGR, 2024-2037F
          2. Blending Optimization, Market Value (USD Million), and CAGR, 2024-2037F
          3. Others, Market Value (USD Million), and CAGR, 2024-2037F
      7. Sub-segmented by Renewable Utilities & Power Industry, Market Value (USD Million), and CAGR, 2024-2037F
        1. Water Treatment Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
        2. Wastewater Treatment Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
        3. Others, Market Value (USD Million), and CAGR, 2024-2037F
      8. Food and Beverages, Market Value (USD Million), and CAGR, 2024-2037F
      9. IT & Telecommunication, Market Value (USD Million), and CAGR, 2024-2037F
      10. Chemical, Market Value (USD Million), and CAGR, 2024-2037F
      11. Others, Market Value (USD Million), and CAGR, 2024-2037F
    4. By Region
      1. North America, Market Value (USD Million), and CAGR, 2024-2037F
      2. Europe, Market Value (USD Million), and CAGR, 2024-2037F
      3. Asia Pacific Excluding Japan, Market Value (USD Million), and CAGR, 2024-2037F
      4. Japan, Market Value (USD Million), and CAGR, 2024-2037F
      5. Latin America, Market Value (USD Million), and CAGR, 2024-2037F
      6. Middle East and Africa, Market Value (USD Million), and CAGR, 2024-2037F
  27. Cross Analysis of Type W.R.T. End use Industry (USD Million), 2024-2037
    1. North America Process Automation Market Outlook
      1. Market Overview
      2. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
      3. North America Process Automation Market Segmentation Analysis (2024-2037)
        1. By Type
          1. Software Based Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
          2. Service Based Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
          3. Consulting, Market Value (USD Million), and CAGR, 2024-2037F
          4. Training, Market Value (USD Million), and CAGR, 2024-2037F
          5. Implementing, Market Value (USD Million), and CAGR, 2024-2037F
        2. By  Mode of Deployment
          1. Cloud, Market Value (USD Million), and CAGR, 2024-2037F
          2. On-Premises, Market Value (USD Million), and CAGR, 2024-2037F
        3. By  Enterprise Size
          1. Large Enterprises, Market Value (USD Million), and CAGR, 2024-2037F
          2. Small and Medium Enterprises (SMEs), Market Value (USD Million), and CAGR, 2024-2037F
        4. By  System Type
          1. Supervisory Control and Data Acquisition (SCADA), Market Value (USD Million), and CAGR, 2024-2037F
          2. Programmable Logic Controller (PLC), Market Value (USD Million), and CAGR, 2024-2037F
          3. Machine Execution System (MES), Market Value (USD Million), and CAGR, 2024-2037F
          4. Valves and Actuators, Market Value (USD Million), and CAGR, 2024-2037F
          5. Electric Motors, Market Value (USD Million), and CAGR, 2024-2037F
          6. Sensors and Transmitters, Market Value (USD Million), and CAGR, 2024-2037F
          7. Others, Market Value (USD Million), and CAGR, 2024-2037F
        5. By  Task/Operation Type
          1. Knowledge-Based Task, Market Value (USD Million), and CAGR, 2024-2037F
          2. Rule-Based Task, Market Value (USD Million), and CAGR, 2024-2037F
        6. By  End use Industry
          1. Banking, Financial Services and Insurance (BFSI), Market Value (USD Million), and CAGR, 2024-2037F
          2. Healthcare and Pharmaceutical, Market Value (USD Million), and CAGR, 2024-2037F
          3. Banking, Financial Services and Insurance (BFSI), Market Value (USD Million), and CAGR, 2024-2037F
          4. Healthcare and Pharmaceutical, Market Value (USD Million), and CAGR, 2024-2037F
          5. Sub-segmented by Oil and Gas, Market Value (USD Million), and CAGR, 2024-2037F
            1. Sub-segmented by Upstream Operations, Market Value (USD Million), and CAGR, 2024-2037F
              1. Drilling, Market Value (USD Million), and CAGR, 2024-2037F
              2. Well Monitoring & Control, Market Value (USD Million), and CAGR, 2024-2037F
              3. Reservoir Management, Market Value (USD Million), and CAGR, 2024-2037F
          6. Sub-segmented by Downstream Operations, Market Value (USD Million), and CAGR, 2024-2037F
            1. Refining Process Control, Market Value (USD Million), and CAGR, 2024-2037F
            2. Blending Optimization, Market Value (USD Million), and CAGR, 2024-2037F
            3. Others, Market Value (USD Million), and CAGR, 2024-2037F
        7. Sub-segmented by Renewable Utilities & Power Industry, Market Value (USD Million), and CAGR, 2024-2037F
          1. Water Treatment Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
          2. Wastewater Treatment Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
          3. Others, Market Value (USD Million), and CAGR, 2024-2037F
      4. Food and Beverages, Market Value (USD Million), and CAGR, 2024-2037F
      5. IT & Telecommunication, Market Value (USD Million), and CAGR, 2024-2037F
      6. Chemical, Market Value (USD Million), and CAGR, 2024-2037F
      7. Others, Market Value (USD Million), and CAGR, 2024-2037F
    2. By Country
      1. U.S., Market Value (USD Million), Volume (Units) and CAGR, 2024-2037F
      2. Canada, Market Value (USD Million), Volume (Units) and CAGR, 2024-2037F
  28. Cross Analysis of Type W.R.T. End use Industry (USD Million), 2024-2037
    1. Europe Process Automation Market Outlook
      1. Market Overview
      2. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
      3. Europe Process Automation Market Segmentation Analysis (2024-2037)
        1. By Type
          1. Software Based Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
          2. Service Based Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
          3. Consulting, Market Value (USD Million), and CAGR, 2024-2037F
          4. Training, Market Value (USD Million), and CAGR, 2024-2037F
          5. Implementing, Market Value (USD Million), and CAGR, 2024-2037F
        2. By  Mode of Deployment
          1. Cloud, Market Value (USD Million), and CAGR, 2024-2037F
          2. On-Premises, Market Value (USD Million), and CAGR, 2024-2037F
        3. By  Enterprise Size
          1. Large Enterprises, Market Value (USD Million), and CAGR, 2024-2037F
          2. Small and Medium Enterprises (SMEs), Market Value (USD Million), and CAGR, 2024-2037F
        4. By  System Type
          1. Supervisory Control and Data Acquisition (SCADA), Market Value (USD Million), and CAGR, 2024-2037F
          2. Programmable Logic Controller (PLC), Market Value (USD Million), and CAGR, 2024-2037F
          3. Machine Execution System (MES), Market Value (USD Million), and CAGR, 2024-2037F
          4. Valves and Actuators, Market Value (USD Million), and CAGR, 2024-2037F
          5. Electric Motors, Market Value (USD Million), and CAGR, 2024-2037F
          6. Sensors and Transmitters, Market Value (USD Million), and CAGR, 2024-2037F
          7. Others, Market Value (USD Million), and CAGR, 2024-2037F
        5. By  Task/Operation Type
          1. Knowledge-Based Task, Market Value (USD Million), and CAGR, 2024-2037F
          2. Rule-Based Task, Market Value (USD Million), and CAGR, 2024-2037F
        6. By  End use Industry
          1. Banking, Financial Services and Insurance (BFSI), Market Value (USD Million), and CAGR, 2024-2037F
          2. Healthcare and Pharmaceutical, Market Value (USD Million), and CAGR, 2024-2037F
          3. Banking, Financial Services and Insurance (BFSI), Market Value (USD Million), and CAGR, 2024-2037F
          4. Healthcare and Pharmaceutical, Market Value (USD Million), and CAGR, 2024-2037F
          5. Sub-segmented by Oil and Gas, Market Value (USD Million), and CAGR, 2024-2037F
            1. Sub-segmented by Upstream Operations, Market Value (USD Million), and CAGR, 2024-2037F
              1. Drilling, Market Value (USD Million), and CAGR, 2024-2037F
              2. Well Monitoring & Control, Market Value (USD Million), and CAGR, 2024-2037F
              3. Reservoir Management, Market Value (USD Million), and CAGR, 2024-2037F
            2. Sub-segmented by Downstream Operations, Market Value (USD Million), and CAGR, 2024-2037F
              1. Refining Process Control, Market Value (USD Million), and CAGR, 2024-2037F
              2. Blending Optimization, Market Value (USD Million), and CAGR, 2024-2037F
              3. Others, Market Value (USD Million), and CAGR, 2024-2037F
            3. Sub-segmented by Renewable Utilities & Power Industry, Market Value (USD Million), and CAGR, 2024-2037F
              1. Water Treatment Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
              2. Wastewater Treatment Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
              3. Others, Market Value (USD Million), and CAGR, 2024-2037F
          6. Food and Beverages, Market Value (USD Million), and CAGR, 2024-2037F
          7. IT & Telecommunication, Market Value (USD Million), and CAGR, 2024-2037F
          8. Chemical, Market Value (USD Million), and CAGR, 2024-2037F
          9. Others, Market Value (USD Million), and CAGR, 2024-2037F
        7. By Country
          1. UK, Market Value (USD Million), and CAGR, 2024-2037F
          2. Germany, Market Value (USD Million), and CAGR, 2024-2037F
          3. France, Market Value (USD Million), and CAGR, 2024-2037F
          4. Italy, Market Value (USD Million), and CAGR, 2024-2037F
          5. Spain, Market Value (USD Million), and CAGR, 2024-2037F
          6. BENELUX, Market Value (USD Million), and CAGR, 2024-2037F
          7. Poland, Market Value (USD Million), and CAGR, 2024-2037F
          8. Russia, Market Value (USD Million), and CAGR, 2024-2037F
          9. Rest of Europe, Market Value (USD Million), and CAGR, 2024-2037F
  29. Cross Analysis of Type W.R.T. End use Industry (USD Million), 2024-2037
    1. Asia Pacific Excluding Japan Process Automation Market Outlook
      1. Market Overview
      2. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
      3. Asia Pacific Excluding Japan Process Automation Market Segmentation Analysis (2024-2037)
        1. By Type
          1. Software Based Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
          2. Service Based Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
          3. Consulting, Market Value (USD Million), and CAGR, 2024-2037F
          4. Training, Market Value (USD Million), and CAGR, 2024-2037F
          5. Implementing, Market Value (USD Million), and CAGR, 2024-2037F
        2. By  Mode of Deployment
          1. Cloud, Market Value (USD Million), and CAGR, 2024-2037F
          2. On-Premises, Market Value (USD Million), and CAGR, 2024-2037F
        3. By  Enterprise Size
          1. Large Enterprises, Market Value (USD Million), and CAGR, 2024-2037F
          2. Small and Medium Enterprises (SMEs), Market Value (USD Million), and CAGR, 2024-2037F
        4. By  System Type
          1. Supervisory Control and Data Acquisition (SCADA), Market Value (USD Million), and CAGR, 2024-2037F
          2. Programmable Logic Controller (PLC), Market Value (USD Million), and CAGR, 2024-2037F
          3. Machine Execution System (MES), Market Value (USD Million), and CAGR, 2024-2037F
          4. Valves and Actuators, Market Value (USD Million), and CAGR, 2024-2037F
          5. Electric Motors, Market Value (USD Million), and CAGR, 2024-2037F
          6. Sensors and Transmitters, Market Value (USD Million), and CAGR, 2024-2037F
          7. Others, Market Value (USD Million), and CAGR, 2024-2037F
        5. By  Task/Operation Type
          1. Knowledge-Based Task, Market Value (USD Million), and CAGR, 2024-2037F
          2. Rule-Based Task, Market Value (USD Million), and CAGR, 2024-2037F
        6. By  End use Industry
          1. Banking, Financial Services and Insurance (BFSI), Market Value (USD Million), and CAGR, 2024-2037F
          2. Healthcare and Pharmaceutical, Market Value (USD Million), and CAGR, 2024-2037F
          3. Banking, Financial Services and Insurance (BFSI), Market Value (USD Million), and CAGR, 2024-2037F
          4. Healthcare and Pharmaceutical, Market Value (USD Million), and CAGR, 2024-2037F
          5. Sub-segmented by Oil and Gas, Market Value (USD Million), and CAGR, 2024-2037F
            1. Sub-segmented by Upstream Operations, Market Value (USD Million), and CAGR, 2024-2037F
              1. Drilling, Market Value (USD Million), and CAGR, 2024-2037F
              2. Well Monitoring & Control, Market Value (USD Million), and CAGR, 2024-2037F
              3. Reservoir Management, Market Value (USD Million), and CAGR, 2024-2037F
            2. Sub-segmented by Downstream Operations, Market Value (USD Million), and CAGR, 2024-2037F
              1. Refining Process Control, Market Value (USD Million), and CAGR, 2024-2037F
              2. Blending Optimization, Market Value (USD Million), and CAGR, 2024-2037F
              3. Others, Market Value (USD Million), and CAGR, 2024-2037F
            3. Sub-segmented by Renewable Utilities & Power Industry, Market Value (USD Million), and CAGR, 2024-2037F
              1. Water Treatment Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
              2. Wastewater Treatment Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
              3. Others, Market Value (USD Million), and CAGR, 2024-2037F
          6. Food and Beverages, Market Value (USD Million), and CAGR, 2024-2037F
          7. IT & Telecommunication, Market Value (USD Million), and CAGR, 2024-2037F
          8. Chemical, Market Value (USD Million), and CAGR, 2024-2037F
          9. Others, Market Value (USD Million), and CAGR, 2024-2037F
        7. By Country
          1. China, Market Value (USD Million), and CAGR, 2024-2037F
          2. India, Market Value (USD Million), and CAGR, 2024-2037F
          3. South Korea, Market Value (USD Million), and CAGR, 2024-2037F
          4. Australia, Market Value (USD Million), and CAGR, 2024-2037F
          5. Indonesia, Market Value (USD Million), and CAGR, 2024-2037F
          6. Malaysia, Market Value (USD Million), and CAGR, 2024-2037F
          7. Vietnam, Market Value (USD Million), and CAGR, 2024-2037F
          8. Singapore, Market Value (USD Million), and CAGR, 2024-2037F
          9. New Zealand, Market Value (USD Million), and CAGR, 2024-2037F
          10. Rest of Asia Pacific excluding Japan, Market Value (USD Million), and CAGR, 2024-2037F
  30. Cross Analysis of Type W.R.T. End use Industry (USD Million), 2024-2037
    1. Japan Process Automation Market Outlook
      1. Market Overview
      2. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
      3. Japan Process Automation Market Segmentation Analysis (2024-2037)
        1. By Type
          1. Software Based Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
          2. Service Based Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
          3. Consulting, Market Value (USD Million), and CAGR, 2024-2037F
          4. Training, Market Value (USD Million), and CAGR, 2024-2037F
          5. Implementing, Market Value (USD Million), and CAGR, 2024-2037F
        2. By  Mode of Deployment
          1. Cloud, Market Value (USD Million), and CAGR, 2024-2037F
          2. On-Premises, Market Value (USD Million), and CAGR, 2024-2037F
        3. By  Enterprise Size
          1. Large Enterprises, Market Value (USD Million), and CAGR, 2024-2037F
          2. Small and Medium Enterprises (SMEs), Market Value (USD Million), and CAGR, 2024-2037F
        4. By  System Type
          1. Supervisory Control and Data Acquisition (SCADA), Market Value (USD Million), and CAGR, 2024-2037F
          2. Programmable Logic Controller (PLC), Market Value (USD Million), and CAGR, 2024-2037F
          3. Machine Execution System (MES), Market Value (USD Million), and CAGR, 2024-2037F
          4. Valves and Actuators, Market Value (USD Million), and CAGR, 2024-2037F
          5. Electric Motors, Market Value (USD Million), and CAGR, 2024-2037F
          6. Sensors and Transmitters, Market Value (USD Million), and CAGR, 2024-2037F
          7. Others, Market Value (USD Million), and CAGR, 2024-2037F
        5. By  Task/Operation Type
          1. Knowledge-Based Task, Market Value (USD Million), and CAGR, 2024-2037F
          2. Rule-Based Task, Market Value (USD Million), and CAGR, 2024-2037F
        6. By  End use Industry
          1. Banking, Financial Services and Insurance (BFSI), Market Value (USD Million), and CAGR, 2024-2037F
          2. Healthcare and Pharmaceutical, Market Value (USD Million), and CAGR, 2024-2037F
          3. Banking, Financial Services and Insurance (BFSI), Market Value (USD Million), and CAGR, 2024-2037F
          4. Healthcare and Pharmaceutical, Market Value (USD Million), and CAGR, 2024-2037F
          5. Sub-segmented by Oil and Gas, Market Value (USD Million), and CAGR, 2024-2037F
            1. Drilling, Market Value (USD Million), and CAGR, 2024-2037F
            2. Well Monitoring & Control, Market Value (USD Million), and CAGR, 2024-2037F
            3. Reservoir Management, Market Value (USD Million), and CAGR, 2024-2037F
        7. Sub-segmented by Downstream Operations, Market Value (USD Million), and CAGR, 2024-2037F
          1. Refining Process Control, Market Value (USD Million), and CAGR, 2024-2037F
          2. Blending Optimization, Market Value (USD Million), and CAGR, 2024-2037F
          3. Others, Market Value (USD Million), and CAGR, 2024-2037F
      4. Sub-segmented by Renewable Utilities & Power Industry, Market Value (USD Million), and CAGR, 2024-2037F
        1. Water Treatment Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
        2. Wastewater Treatment Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
        3. Others, Market Value (USD Million), and CAGR, 2024-2037F
      5. Food and Beverages, Market Value (USD Million), and CAGR, 2024-2037F
      6. IT & Telecommunication, Market Value (USD Million), and CAGR, 2024-2037F
      7. Chemical, Market Value (USD Million), and CAGR, 2024-2037F
      8. Others, Market Value (USD Million), and CAGR, 2024-2037F
  31. Cross Analysis of Type W.R.T. End use Industry (USD Million), 2024-2037
    1. Latin America Process Automation Market Outlook
      1. Market Overview
      2. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
      3. Latin America Process Automation Market Segmentation Analysis (2024-2037)
        1. By Type
          1. Software Based Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
          2. Service Based Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
          3. Consulting, Market Value (USD Million), and CAGR, 2024-2037F
          4. Training, Market Value (USD Million), and CAGR, 2024-2037F
          5. Implementing, Market Value (USD Million), and CAGR, 2024-2037F
        2. By  Mode of Deployment
          1. Cloud, Market Value (USD Million), and CAGR, 2024-2037F
          2. On-Premises, Market Value (USD Million), and CAGR, 2024-2037F
        3. By  Enterprise Size
          1. Large Enterprises, Market Value (USD Million), and CAGR, 2024-2037F
          2. Small and Medium Enterprises (SMEs), Market Value (USD Million), and CAGR, 2024-2037F
        4. By  System Type
          1. Supervisory Control and Data Acquisition (SCADA), Market Value (USD Million), and CAGR, 2024-2037F
          2. Programmable Logic Controller (PLC), Market Value (USD Million), and CAGR, 2024-2037F
          3. Machine Execution System (MES), Market Value (USD Million), and CAGR, 2024-2037F
          4. Valves and Actuators, Market Value (USD Million), and CAGR, 2024-2037F
          5. Electric Motors, Market Value (USD Million), and CAGR, 2024-2037F
          6. Sensors and Transmitters, Market Value (USD Million), and CAGR, 2024-2037F
          7. Others, Market Value (USD Million), and CAGR, 2024-2037F
        5. By  Task/Operation Type
          1. Knowledge-Based Task, Market Value (USD Million), and CAGR, 2024-2037F
          2. Rule-Based Task, Market Value (USD Million), and CAGR, 2024-2037F
        6. By  End use Industry
          1. Banking, Financial Services and Insurance (BFSI), Market Value (USD Million), and CAGR, 2024-2037F
          2. Healthcare and Pharmaceutical, Market Value (USD Million), and CAGR, 2024-2037F
          3. Banking, Financial Services and Insurance (BFSI), Market Value (USD Million), and CAGR, 2024-2037F
          4. Healthcare and Pharmaceutical, Market Value (USD Million), and CAGR, 2024-2037F
          5. Sub-segmented by Oil and Gas, Market Value (USD Million), and CAGR, 2024-2037F
            1. Drilling, Market Value (USD Million), and CAGR, 2024-2037F
            2. Well Monitoring & Control, Market Value (USD Million), and CAGR, 2024-2037F
            3. Reservoir Management, Market Value (USD Million), and CAGR, 2024-2037F
          6. Sub-segmented by Downstream Operations, Market Value (USD Million), and CAGR, 2024-2037F
            1. Refining Process Control, Market Value (USD Million), and CAGR, 2024-2037F
            2. Blending Optimization, Market Value (USD Million), and CAGR, 2024-2037F
            3. Others, Market Value (USD Million), and CAGR, 2024-2037F
          7. Sub-segmented by Renewable Utilities & Power Industry, Market Value (USD Million), and CAGR, 2024-2037F
            1. Water Treatment Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
            2. Wastewater Treatment Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
            3. Others, Market Value (USD Million), and CAGR, 2024-2037F
          8. Food and Beverages, Market Value (USD Million), and CAGR, 2024-2037F
          9. IT & Telecommunication, Market Value (USD Million), and CAGR, 2024-2037F
          10. Chemical, Market Value (USD Million), and CAGR, 2024-2037F
          11. Others, Market Value (USD Million), and CAGR, 2024-2037F
        7. By Country
          1. Brazil, Market Value (USD Million), and CAGR, 2024-2037F
          2. Argentina, Market Value (USD Million), and CAGR, 2024-2037F
          3. Mexico, Market Value (USD Million), and CAGR, 2024-2037F
          4. Rest of Latin America, Market Value (USD Million), and CAGR, 2024-2037F
  32. Cross Analysis of Type W.R.T. End use Industry (USD Million), 2024-2037
    1. Middle East Process Automation Market Outlook
      1. Market Overview
      2. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
      3. Middle East Process Automation Market Segmentation Analysis (2024-2037)
        1. By Type
          1. Software Based Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
          2. Service Based Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
          3. Consulting, Market Value (USD Million), and CAGR, 2024-2037F
          4. Training, Market Value (USD Million), and CAGR, 2024-2037F
          5. Implementing, Market Value (USD Million), and CAGR, 2024-2037F
        2. By  Mode of Deployment
          1. Cloud, Market Value (USD Million), and CAGR, 2024-2037F
          2. On-Premises, Market Value (USD Million), and CAGR, 2024-2037F
        3. By  Enterprise Size
          1. Large Enterprises, Market Value (USD Million), and CAGR, 2024-2037F
          2. Small and Medium Enterprises (SMEs), Market Value (USD Million), and CAGR, 2024-2037F
        4. By  System Type
          1. Supervisory Control and Data Acquisition (SCADA), Market Value (USD Million), and CAGR, 2024-2037F
          2. Programmable Logic Controller (PLC), Market Value (USD Million), and CAGR, 2024-2037F
          3. Machine Execution System (MES), Market Value (USD Million), and CAGR, 2024-2037F
          4. Valves and Actuators, Market Value (USD Million), and CAGR, 2024-2037F
          5. Electric Motors, Market Value (USD Million), and CAGR, 2024-2037F
          6. Sensors and Transmitters, Market Value (USD Million), and CAGR, 2024-2037F
          7. Others, Market Value (USD Million), and CAGR, 2024-2037F
        5. By  Task/Operation Type
          1. Knowledge-Based Task, Market Value (USD Million), and CAGR, 2024-2037F
          2. Rule-Based Task, Market Value (USD Million), and CAGR, 2024-2037F
        6. By  End use Industry
          1. Banking, Financial Services and Insurance (BFSI), Market Value (USD Million), and CAGR, 2024-2037F
          2. Healthcare and Pharmaceutical, Market Value (USD Million), and CAGR, 2024-2037F
          3. Banking, Financial Services and Insurance (BFSI), Market Value (USD Million), and CAGR, 2024-2037F
          4. Healthcare and Pharmaceutical, Market Value (USD Million), and CAGR, 2024-2037F
          5. Sub-segmented by Oil and Gas, Market Value (USD Million), and CAGR, 2024-2037F
            1. Drilling, Market Value (USD Million), and CAGR, 2024-2037F
            2. Well Monitoring & Control, Market Value (USD Million), and CAGR, 2024-2037F
            3. Reservoir Management, Market Value (USD Million), and CAGR, 2024-2037F
            4. Sub-segmented by Downstream Operations, Market Value (USD Million), and CAGR, 2024-2037F
              1. Refining Process Control, Market Value (USD Million), and CAGR, 2024-2037F
              2. Blending Optimization, Market Value (USD Million), and CAGR, 2024-2037F
              3. Others, Market Value (USD Million), and CAGR, 2024-2037F
            5. Sub-segmented by Renewable Utilities & Power Industry, Market Value (USD Million), and CAGR, 2024-2037F
              1. Water Treatment Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
              2. Wastewater Treatment Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
              3. Others, Market Value (USD Million), and CAGR, 2024-2037F
            6. Food and Beverages, Market Value (USD Million), and CAGR, 2024-2037F
            7. IT & Telecommunication, Market Value (USD Million), and CAGR, 2024-2037F
            8. Chemical, Market Value (USD Million), and CAGR, 2024-2037F
            9. Others, Market Value (USD Million), and CAGR, 2024-2037F
        7. By Country
          1. UAE, Market Value (USD Million), and CAGR, 2024-2037F
          2. Saudi Arabia, Market Value (USD Million), and CAGR, 2024-2037F
          3. Israel, Market Value (USD Million), and CAGR, 2024-2037F
          4. Rest of Middle East, Market Value (USD Million), and CAGR, 2024-2037F
  33. Cross Analysis of Type W.R.T. End use Industry (USD Million), 2024-2037
    1. Africa Process Automation Market Outlook
      1. Market Overview
      2. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
      3. Africa Process Automation Market Segmentation Analysis (2024-2037)
        1. By Type
          1. Software Based Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
          2. Service Based Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
          3. Consulting, Market Value (USD Million), and CAGR, 2024-2037F
          4. Training, Market Value (USD Million), and CAGR, 2024-2037F
          5. Implementing, Market Value (USD Million), and CAGR, 2024-2037F
        2. By  Mode of Deployment
          1. Cloud, Market Value (USD Million), and CAGR, 2024-2037F
          2. On-Premises, Market Value (USD Million), and CAGR, 2024-2037F
        3. By  Enterprise Size
          1. Large Enterprises, Market Value (USD Million), and CAGR, 2024-2037F
          2. Small and Medium Enterprises (SMEs), Market Value (USD Million), and CAGR, 2024-2037F
        4. By  System Type
          1. Supervisory Control and Data Acquisition (SCADA), Market Value (USD Million), and CAGR, 2024-2037F
          2. Programmable Logic Controller (PLC), Market Value (USD Million), and CAGR, 2024-2037F
          3. Machine Execution System (MES), Market Value (USD Million), and CAGR, 2024-2037F
          4. Valves and Actuators, Market Value (USD Million), and CAGR, 2024-2037F
          5. Electric Motors, Market Value (USD Million), and CAGR, 2024-2037F
          6. Sensors and Transmitters, Market Value (USD Million), and CAGR, 2024-2037F
          7. Others, Market Value (USD Million), and CAGR, 2024-2037F
        5. By  Task/Operation Type
          1. Knowledge-Based Task, Market Value (USD Million), and CAGR, 2024-2037F
          2. Rule-Based Task, Market Value (USD Million), and CAGR, 2024-2037F
        6. By  End use Industry
          1. Banking, Financial Services and Insurance (BFSI), Market Value (USD Million), and CAGR, 2024-2037F
          2. Healthcare and Pharmaceutical, Market Value (USD Million), and CAGR, 2024-2037F
          3. Banking, Financial Services and Insurance (BFSI), Market Value (USD Million), and CAGR, 2024-2037F
          4. Healthcare and Pharmaceutical, Market Value (USD Million), and CAGR, 2024-2037F
          5. Sub-segmented by Oil and Gas, Market Value (USD Million), and CAGR, 2024-2037F
            1. Drilling, Market Value (USD Million), and CAGR, 2024-2037F
            2. Well Monitoring & Control, Market Value (USD Million), and CAGR, 2024-2037F
            3. Reservoir Management, Market Value (USD Million), and CAGR, 2024-2037F
        7. Sub-segmented by Downstream Operations, Market Value (USD Million), and CAGR, 2024-2037F
          1. Refining Process Control, Market Value (USD Million), and CAGR, 2024-2037F
          2. Blending Optimization, Market Value (USD Million), and CAGR, 2024-2037F
          3. Others, Market Value (USD Million), and CAGR, 2024-2037F
      4. Sub-segmented by Renewable Utilities & Power Industry, Market Value (USD Million), and CAGR, 2024-2037F
        1. Water Treatment Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
        2. Wastewater Treatment Process Automation, Market Value (USD Million), and CAGR, 2024-2037F
        3. Others, Market Value (USD Million), and CAGR, 2024-2037F
      5. Food and Beverages, Market Value (USD Million), and CAGR, 2024-2037F
      6. IT & Telecommunication, Market Value (USD Million), and CAGR, 2024-2037F
      7. Chemical, Market Value (USD Million), and CAGR, 2024-2037F
      8. Others, Market Value (USD Million), and CAGR, 2024-2037F
    2. By Country
      1. Nigeria, Market Value (USD Million), and CAGR, 2024-2037F
      2. Egypt, Market Value (USD Million), and CAGR, 2024-2037F
      3. Kenya, Market Value (USD Million), and CAGR, 2024-2037F
      4. Rest of Africa, Market Value (USD Million), and CAGR, 2024-2037F
  34. Cross Analysis of Type W.R.T. End use Industry (USD Million), 2024-2037
  35. World Economic Outlook
  36. About  Research Nester

Process Automation Market Trends

Growth Drivers:

  • Technological advancements: This includes integrations with AI and IoT, driving the market for automation solutions. These technologies help enterprises in real-time data gathering, process optimization, and decision-making. For example, in June 2023, Siemens brought an AI-powered industrial automation platform into the market, boosting predictive maintenance and reducing the cost of operations. Such a capability to optimize operations with minimum human intervention is of major importance to businesses that are pursuing cost efficiency.
  • Digital transformation initiatives: The acceleration of the efforts for digital transformation globally is considered the main growth factor as more business firms are looking to automate, replacing the old legacy systems and operational processes. Companies working in banking and finance are stepping forward with massive investments in automating the back office process. Thus, these organizations are showing an inclination to improve customer service and operational efficiency.
  • Rising labor costs and workforce shortages: The shortage of labor and increase in wages, especially in regions like North America and Europe, propel businesses to opt for automation. Most investments are made in the food and beverage industries within automated processing to cover shortages of labor. For instance, in March 2024, Rockwell Automation, in addition to factory automation opportunities announced its expansion to satisfy the growing demand for labor-saving solutions.

Challenges:  

  • Regulatory compliance issues: A major bottleneck for the process automation market involves several government regulations that the market players are supposed to comply with strictly, basically involving data privacy and security. The General Data Protection Regulation or GDPR by the European Union has resulted in compliance issues even at automation providers. Additionally, various automation companies in Europe were asked to rework their data management system in time to meet new security standards. Such types of regulations enhance the complexity of deploying automation solutions.
  • Gaps in the skilled workforce: Another challenge in the industry is a shortage of skilled workers who can manage and maintain such automated systems. While most lines of business have increased automation, it is often difficult to find the right talent who can operate and troubleshoot advanced systems. According to a report by the U.S. Bureau of Labor Statistics, more than 100,000 skilled automation engineers are expected to be lacking in the industry due to shortage by 2025. This shortage in supply is holding back the complete potential of automation in industries.

Process Automation Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

6.3%

Base Year Market Size (2024)

USD 94.5 billion

Forecast Year Market Size (2037)

USD 209.2 billion

Regional Scope

  • North America (U.S. and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Richa Gupta


  • Report ID: 6436
  • Published Date: Sep 16, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In 2024, the industry size of process automation was USD 94.5 billion.

The global process automation market size is estimated to reach USD 94.5 billion in 2024 and is projected to reach USD 209.2 billion by the end of 2037, rising at a CAGR of 6.3% during the forecast period, i.e., 2025-2037. In 2025, the industry size of process automation will be valued at USD 99.9 billion.

Key players in the market are ABB Ltd., The Bosch Group, Eaton Corporation plc, Emerson Electric Co., Honeywell International Inc., Rockwell Automation, Inc., Siemens AG, Pegasystems Inc., Dassault Systèmes, Fortra, LLC, Beckhoff Automation, Mitsubishi Electric Corporation, NEC Corporation, Yokogawa Electric Corporation, and Avanade Inc.

The Supervisory Control and Data Acquisition (SCADA) segment is anticipated to lead the process automation market during the forecast period.

North America is expected to present lucrative expansion opportunities to players in the process automation sector in the coming years.
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