Process Automation Market to Show Strong Growth with Forecast 2028

The Global Process Automation Market is expected to grow from USD 87.98 billion in 2019, to USD 152.99 billion by 2028, growing at a CAGR of 6.4 % during the forecast period. Owing to the integration of the digital and physical aspects of manufacturing, the automation sector has been revolutionized to deliver optimum productivity. Furthermore, the focus on attaining zero-waste manufacturing and shorter manufacturing time, have augmented the process automation market growth during the forecast period.

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Companies Covered: Major Companies profiled in the report which are key players in the global process automation market are Accenture, IBM, Cognizant, Genpact, Atos, Infosys, Tata Consultancy Services, Capgemini, Xerox Corporation, Pegasystems, Wipro, EXL Service, Thoughtonomy, CGI Group, UiPath, HCL Technologies, Happiest Minds, Symphony Ventures, Avasant, Avanade, Virtual Operations, Sutherland Global Services, KPMG, Tech Mahindra, Blue Prism, and Syntel.

Improving living standards, dual-income families and growing disposable income are driving the growth of this market in developing countries. Rapid industrialization accompanied by improvements in infrastructure along with increasing demand for consumer products has created new opportunities and gateways.

Each section of the report provides critical information about the global process automation market which could be used in the coming years to ensure strong growth. Our unique combination of primary and secondary research methods has helped us spot hidden business opportunities on the global process automation market, in addition to collecting significant market participant’s perspectives and reliable market data. This involves several research studies, such as cost analysis of manufacturing, absolute dollar profit, analysis of costs, profiling of firms, analysis of production and consumption, and market dynamics.

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The global process automation market size for each year of the forecast period is correctly calculated in terms of both revenue and volume. For the period 2020-2028, the study offers accurate price analysis by country, producer, the segment of each form, and global price analysis. It also offers price analysis by segment type and supplier for the 2020-2028 period.

The study starts with a global market perspective for process automation that includes key market trends and critical market statistics. This market research study also provides the market value of the major segments of the global process automation market. QMI has found a comprehensive overview and global market description that helps readers better understand the core process automation market information. It also highlights the exclusions and inclusions which help the client understand the process automation market's reach.

The report provides a list of all the key players in the process automation market along with a detailed analysis of the strategies that are being implemented by the companies. The approaches include mainly new product development, analysis, and development, and also provide revenue reports, business history, and recent company innovations to remain competitive in the marketplace.

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Market Segmentation:

By Communication Protocol:

• Wired Protocol
• Wireless Protocol

By Technology:

• Supervisory Control and Data Acquisition (SCADA)
• Programmable Logic Controller (PLC)
• Distributed Control System (DCS)
• Machine Execution System (MES)
• Product Lifecycle Management
• Enterprise Resource Planning(ERP)
• Human Machine Interface(HMI)
• Others

By Offering:

• Hardware
• Software
• Services

By End User:

• Chemical Manufacturing
• Petrochemical
• Paper & Pulp
• Water & Wastewater Treatment
• Energy & Utilities
• Oil & Gas
• Pharmaceutical
• Food & Beverages
• Others

By Region:

• North America

• p>

• By Country (US, Canada, Mexico)
• By Communication Protocol
• By Technology
• By Offering
• By End User Industry

• Western Europe

• p>

• By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
• By Communication Protocol
• By Technology
• By Offering
• By End User Industry

• Eastern Europe

• p>

• By Country (Russia, Turkey, Rest of Eastern Europe)
• By Communication Protocol
• By Technology
• By Offering
• By End User Industry

• Asia Pacific

• p>

• By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
• By Communication Protocol
• By Technology
• By Offering
• By End User Industry

• Middle East

• p>

• By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
• By Communication Protocol
• By Technology
• By Offering
• By End User Industry

• Rest of the World

• p>

• By Region (South America, Africa)
• By Communication Protocol
• By Technology
• By Offering
• By End User Industry
• By End User Industry

Reasons to Buy This Report:

• Market size estimation of the global process automation market on regional and global basis.
• Unique research design for market size estimation and forecast.
• Profiling of major companies operating in process automation the market with key developments.
• Broad scope to cover all the possible segments helping every stakeholder in the market.

Customization:

We provide customization of the study to meet specific requirements:

• By Segment
• By Sub-segment
• By Region/Country

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Quince Market Insights Ajay D. (Knowledge Partner) Office No- A109, Pune, Maharashtra 411028 Phone: IN +91 706 672 5858 US +1 208 405 2835 UK +44 121 364 6144 Apac +91 706 672 4848