Process Automation and Instrumentation Companies

The global process automation and instrumentation market size is anticipated to grow from USD 74.2 billion in 2024 to USD 98.6 billion by 2029, at a CAGR of 5.9%. The growth of this market is owed to the increasing importance of energy efficiency and cost optimization, minimized errors and better scalability; rapid surge in the usage of digital technologies such as IIoT, machine learning, and artificial intelligence; and the rising emphasis on industrial automation and optimum utilization of resources.

Major key players pertaining to the market include major players that operate in different stages of the entire value chain of process automation and instrumentation; these players are ABB (Switzerland), Siemens (Germany), General Electric Company (US), Emerson Electric Co. (US), and Schneider Electric (France).

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Major Process Automation and Instrumentation Companies Include:

• ABB (Switzerland)
• Emerson Electric Co. (US)
• Siemens (Germany)
• General Electric Company (US)
• Schneider Electric (France)

ABB (Switzerland): ABB is a major player in the process automation and instrumentation market headquartered in Switzerland. ABB mainly focuses in electrification and automation technologies. ABB has a broad product portfolio, with products, systems and services, and manages a variety of industries worldwide, including cement, chemicals, pharmaceuticals, marine, turbocharging, renewable energy, utilities, water, metals, mining, pulp & paper including , water, and data centers. It operates through four distinct business segments - Electrification, Process Automation, Motion, and Robotics & Discrete Automation-ABB delivers efficient solutions to facilitate safer, smarter, and more sustainable industrial operations. Under its Process Automation segment, ABB offers multiple solutions, including HMIs, DCS, advanced process control (APC) systems, and MES. The high focus on R&D has resulted in strong organic growth and market positioning for ABB.

Emerson Electric Co. (US): Emerson Electric Co. is an industry leader in the process automation and instrumentation markets, offering a wide variety of innovative solutions designed to increase industrial efficiency and safety. The company focuses on manufacturing and developing process control systems, valves, and analytical instruments. The company also delivers products and services to industrial, commercial, and consumer markets. The company operates through six business segments: Final Control, Measurement & Analytical, Control Systems & Software, Discrete Automation, AspenTech and Saftey & productivity. The Automation Solutions segment offers a wide variety of industrial automation solutions and controls, including measurement and instrumentation products, valves, actuators and regulators, control and safety systems, and automation and control software. The company also offers SCADA systems, DCS, PLC and PAC, and several other products for oil & gas, power, water, chemicals, food & beverages, pharmaceuticals, pulp & paper, metals & mining, and several other process industries. 

Siemens (Germany):  Siemens is a leader in the process automation and instrumentation market, providing comprehensive solutions that optimize operational efficiency and productivity across industries. Their approach incorporates digital into enterprise operations to enable seamless technical and operational management. Siemens’ process machining solutions provide innovative, single-source measurement technologies that increase process insights and facilitate intelligent decision-making. Siemens has four major business segments: Digital Industries, Smart Infrastructure, Mobility, and Siemens Healthineers. The Digital Industries segment covers a wide product portfolio of automation solutions that find applications in process industries. Siemens also offers a vast products and solutions range including HMI, SCADA, PLC, and MES for various industries such as pharmaceuticals, food & beverages, chemicals and metals & mining. Siemens strongly emphasizes R&D of innovative technological products catering to numerous sectors. Siemens has a large customer base worldwide. The company has a presence in about 200 countries across the Americas, Europe, Asia Pacific, the Middle East, and Africa .

Honeywell International Inc. (US): Honeywell International Inc. is a leading innovator and commercializer of technologies designed to address critical global challenges in energy, safety, security, air travel, productivity, and urbanization. As a prominent software-industrial company, Honeywell is committed to delivering advanced technological solutions that enhance efficiency, productivity, sustainability, and safety across various high-growth industrial sectors. By leveraging its diversified technology and manufacturing expertise, Honeywell integrates physical products with software in order to meet the continously changing and evolving global customer needs. Honeywell's product portfolio spans aerospace products and services, energy-efficient solutions for businesses, specialty chemicals, electronic and advanced materials, refining and petrochemical process technologies and productivity, sensing, automation, safety, and security technologies for buildings and industries.

Schneider Electric (France): Schneider Electric is a major player in the process automation and instrumentation market with headquarters in France, providing comprehensive solutions that increase operational efficiency and consistency across industries. Schneider Electric has two major business segments: Energy Management and Industrial Automation. The company offers products of the said market under its Industrial Automation segment. The company caters to various industries, such as oil & gas, minerals, chemicals, water & wastewater treatment, cement, metals & mining, , and consumer packaged goods, food & beverages. It offers analyzers, PLCS, SCADA systems, HMI devices, DCS, transmitters, and industrial communication systems, valve positioners in the said market.

Related Reports:

Process Automation and Instrumentation Market by Transmitter (Level, Pressure, Temperature), Analyzer (TOC, pH, Oxygen, Conductivity, Density, Toxic Gas, Turbidity, Hydrogen Sulfide), PLC, DCS, SCADA, HMI, MES, Industry - Global Forecast to 2029

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