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PUBLISHER: KBV Research | PRODUCT CODE: 1584949
PUBLISHER: KBV Research | PRODUCT CODE: 1584949
LAMEA Automation and Instrumentation In Power Market Size, Share & Trends Analysis Report By Instrument (Field Instruments, and Process Analyzers), By Solution, By Country and Growth Forecast, 2024 - 2031
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The Latin America, Middle East and Africa Automation and Instrumentation In Power Market would witness market growth of 8.7% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Automation and Instrumentation In Power Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $959.1 Million by 2031. The Argentina market is capturing a CAGR of 10.1% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 7.7% during (2024 - 2031).
The growing penetration of renewable energy sources such as solar and wind necessitates adopting automation and instrumentation to manage their variability and intermittent. Power companies invest in smart grid technologies, energy storage systems, and grid-balancing solutions to integrate renewable energy into the grid effectively, reduce reliance on fossil fuels, and meet sustainability goals.
With the growing adoption of digital technologies like cloud computing, data analytics, and the Internet of Things (IoT), the power industry is experiencing a digital revolution. These technologies enable optimizing power generation, transmission, and distribution networks and implementing real-time monitoring and predictive maintenance.
The growing investments in the renewable energy sector in Abu Dhabi are significantly impacting the automation and instrumentation in power market. Abu Dhabi's commitment to expanding its renewable energy capacity, particularly solar and wind, drives demand for advanced technologies and solutions to support this transition. According to information from the United Arab Emirates Embassy in Washington, Abu Dhabi has allocated over $20 billion towards renewable energy initiatives via Masdar. Over the past decade, this investment has resulted in a 400 percent expansion of the UAE's renewable energy portfolio. Investments in renewable energy promote the establishment of research and innovation hubs in Abu Dhabi. These hubs focus on developing cutting-edge automation and instrumentation technologies tailored to the needs of the renewable energy sector. Therefore, increasing investment in the renewable energy sector is driving the market's growth.
Based on Instrument, the market is segmented into Field Instruments, and Process Analyzers. Based on Solution, the market is segmented into Programmable Logic Controller (PLC), Distributed Control System (DCS), Safety Automation Supervisory Control and Data Acquisition (SCADA), Human Machine Interaction (HMI), Advanced Process Control (APC), and Manufacturing Execution System (MES). Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Siemens AG
- ABB Group
- Emerson Electric Co.
- Rockwell Automation Inc.
- Omron Corporation
- Honeywell International, Inc.
- Schneider Electric SE
- Mitsubishi Electric Corporation
- Yokogawa Electric Corporation
- Danaher Corporation (Beckman Coulter, Inc.)
LAMEA Automation and Instrumentation In Power Market Report Segmentation
By Instrument
- Field Instruments
- Process Analyzers
By Solution
- Programmable Logic Controller (PLC)
- Distributed Control System (DCS)
- Safety Automation Supervisory Control and Data Acquisition (SCADA)
- Human Machine Interaction (HMI)
- Advanced Process Control (APC)
- Manufacturing Execution System (MES)
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 LAMEA Automation and Instrumentation In Power Market, by Instrument
- 1.4.2 LAMEA Automation and Instrumentation In Power Market, by Solution
- 1.4.3 LAMEA Automation and Instrumentation In Power Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Scenario and Composition
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.2.4 Geographical Expansion
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2022, Feb - 2024, Jun) Leading Players
- 4.5 Porter Five Forces Analysis
Chapter 5. LAMEA Automation and Instrumentation In Power Market by Instrument
- 5.1 LAMEA Field Instruments Market by Country
- 5.2 LAMEA Process Analyzers Market by Country
Chapter 6. LAMEA Automation and Instrumentation In Power Market by Solution
- 6.1 LAMEA Programmable Logic Controller (PLC) Market by Country
- 6.2 LAMEA Distributed Control System (DCS) Market by Country
- 6.3 LAMEA Safety Automation Supervisory Control and Data Acquisition (SCADA) Market by Country
- 6.4 LAMEA Human Machine Interaction (HMI) Market by Country
- 6.5 LAMEA Advanced Process Control (APC) Market by Country
- 6.6 LAMEA Manufacturing Execution System (MES) Market by Country
Chapter 7. LAMEA Automation and Instrumentation In Power Market by Country
- 7.1 Brazil Automation and Instrumentation In Power Market
- 7.1.1 Brazil Automation and Instrumentation In Power Market by Instrument
- 7.1.2 Brazil Automation and Instrumentation In Power Market by Solution
- 7.2 Argentina Automation and Instrumentation In Power Market
- 7.2.1 Argentina Automation and Instrumentation In Power Market by Instrument
- 7.2.2 Argentina Automation and Instrumentation In Power Market by Solution
- 7.3 UAE Automation and Instrumentation In Power Market
- 7.3.1 UAE Automation and Instrumentation In Power Market by Instrument
- 7.3.2 UAE Automation and Instrumentation In Power Market by Solution
- 7.4 Saudi Arabia Automation and Instrumentation In Power Market
- 7.4.1 Saudi Arabia Automation and Instrumentation In Power Market by Instrument
- 7.4.2 Saudi Arabia Automation and Instrumentation In Power Market by Solution
- 7.5 South Africa Automation and Instrumentation In Power Market
- 7.5.1 South Africa Automation and Instrumentation In Power Market by Instrument
- 7.5.2 South Africa Automation and Instrumentation In Power Market by Solution
- 7.6 Nigeria Automation and Instrumentation In Power Market
- 7.6.1 Nigeria Automation and Instrumentation In Power Market by Instrument
- 7.6.2 Nigeria Automation and Instrumentation In Power Market by Solution
- 7.7 Rest of LAMEA Automation and Instrumentation In Power Market
- 7.7.1 Rest of LAMEA Automation and Instrumentation In Power Market by Instrument
- 7.7.2 Rest of LAMEA Automation and Instrumentation In Power Market by Solution
Chapter 8. Company Profiles
- 8.1 Siemens AG
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expense
- 8.1.5 Recent strategies and developments:
- 8.1.5.1 Partnerships, Collaborations, and Agreements:
- 8.1.5.2 Product Launches and Product Expansions:
- 8.1.5.3 Acquisition and Mergers:
- 8.1.6 SWOT Analysis
- 8.2 ABB Group
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Research & Development Expense
- 8.2.5 Recent strategies and developments:
- 8.2.5.1 Partnerships, Collaborations, and Agreements:
- 8.2.5.2 Acquisition and Mergers:
- 8.2.6 SWOT Analysis
- 8.3 Emerson Electric Co.
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expense
- 8.3.5 Recent strategies and developments:
- 8.3.5.1 Partnerships, Collaborations, and Agreements:
- 8.3.5.2 Acquisition and Mergers:
- 8.3.6 SWOT Analysis
- 8.4 Rockwell Automation, Inc.
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expenses
- 8.4.5 Recent strategies and developments:
- 8.4.5.1 Acquisition and Mergers:
- 8.4.5.2 Geographical Expansions:
- 8.4.6 SWOT Analysis
- 8.5 Omron Corporation
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.5.4 Research & Development Expenses
- 8.5.5 Recent strategies and developments:
- 8.5.5.1 Partnerships, Collaborations, and Agreements:
- 8.5.5.2 Product Launches and Product Expansions:
- 8.5.6 SWOT Analysis
- 8.6 Honeywell International, Inc.
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 Research & Development Expenses
- 8.6.5 Recent strategies and developments:
- 8.6.5.1 Partnerships, Collaborations, and Agreements:
- 8.6.6 SWOT Analysis
- 8.7 Schneider Electric SE
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expense
- 8.7.5 SWOT Analysis
- 8.8 Mitsubishi Electric Corporation
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 Research & Development Expense
- 8.8.5 Recent strategies and developments:
- 8.8.5.1 Partnerships, Collaborations, and Agreements:
- 8.8.6 SWOT Analysis
- 8.9 Yokogawa Electric Corporation
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Segmental and Regional Analysis
- 8.9.4 Research & Development Expenses
- 8.9.5 Recent strategies and developments:
- 8.9.5.1 Partnerships, Collaborations, and Agreements:
- 8.9.5.2 Product Launches and Product Expansions:
- 8.9.5.3 Acquisition and Mergers:
- 8.9.6 SWOT Analysis
- 8.10. Danaher Corporation (Beckman Coulter, Inc.)
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Segmental and Regional Analysis
- 8.10.4 Research & Development Expense
- 8.10.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 LAMEA Automation and Instrumentation In Power Market, 2020 - 2023, USD Million
- TABLE 2 LAMEA Automation and Instrumentation In Power Market, 2024 - 2031, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- Automation and Instrumentation In Power Market
- TABLE 4 Product Launches And Product Expansions- Automation and Instrumentation In Power Market
- TABLE 5 Acquisition and Mergers- Automation and Instrumentation In Power Market
- TABLE 6 Geographical Expansion- Automation and Instrumentation In Power Market
- TABLE 7 LAMEA Automation and Instrumentation In Power Market by Instrument, 2020 - 2023, USD Million
- TABLE 8 LAMEA Automation and Instrumentation In Power Market by Instrument, 2024 - 2031, USD Million
- TABLE 9 LAMEA Field Instruments Market by Country, 2020 - 2023, USD Million
- TABLE 10 LAMEA Field Instruments Market by Country, 2024 - 2031, USD Million
- TABLE 11 LAMEA Process Analyzers Market by Country, 2020 - 2023, USD Million
- TABLE 12 LAMEA Process Analyzers Market by Country, 2024 - 2031, USD Million
- TABLE 13 LAMEA Automation and Instrumentation In Power Market by Solution, 2020 - 2023, USD Million
- TABLE 14 LAMEA Automation and Instrumentation In Power Market by Solution, 2024 - 2031, USD Million
- TABLE 15 LAMEA Programmable Logic Controller (PLC) Market by Country, 2020 - 2023, USD Million
- TABLE 16 LAMEA Programmable Logic Controller (PLC) Market by Country, 2024 - 2031, USD Million
- TABLE 17 LAMEA Distributed Control System (DCS) Market by Country, 2020 - 2023, USD Million
- TABLE 18 LAMEA Distributed Control System (DCS) Market by Country, 2024 - 2031, USD Million
- TABLE 19 LAMEA Safety Automation Supervisory Control and Data Acquisition (SCADA) Market by Country, 2020 - 2023, USD Million
- TABLE 20 LAMEA Safety Automation Supervisory Control and Data Acquisition (SCADA) Market by Country, 2024 - 2031, USD Million
- TABLE 21 LAMEA Human Machine Interaction (HMI) Market by Country, 2020 - 2023, USD Million
- TABLE 22 LAMEA Human Machine Interaction (HMI) Market by Country, 2024 - 2031, USD Million
- TABLE 23 LAMEA Advanced Process Control (APC) Market by Country, 2020 - 2023, USD Million
- TABLE 24 LAMEA Advanced Process Control (APC) Market by Country, 2024 - 2031, USD Million
- TABLE 25 LAMEA Manufacturing Execution System (MES) Market by Country, 2020 - 2023, USD Million
- TABLE 26 LAMEA Manufacturing Execution System (MES) Market by Country, 2024 - 2031, USD Million
- TABLE 27 LAMEA Automation and Instrumentation In Power Market by Country, 2020 - 2023, USD Million
- TABLE 28 LAMEA Automation and Instrumentation In Power Market by Country, 2024 - 2031, USD Million
- TABLE 29 Brazil Automation and Instrumentation In Power Market, 2020 - 2023, USD Million
- TABLE 30 Brazil Automation and Instrumentation In Power Market, 2024 - 2031, USD Million
- TABLE 31 Brazil Automation and Instrumentation In Power Market by Instrument, 2020 - 2023, USD Million
- TABLE 32 Brazil Automation and Instrumentation In Power Market by Instrument, 2024 - 2031, USD Million
- TABLE 33 Brazil Automation and Instrumentation In Power Market by Solution, 2020 - 2023, USD Million
- TABLE 34 Brazil Automation and Instrumentation In Power Market by Solution, 2024 - 2031, USD Million
- TABLE 35 Argentina Automation and Instrumentation In Power Market, 2020 - 2023, USD Million
- TABLE 36 Argentina Automation and Instrumentation In Power Market, 2024 - 2031, USD Million
- TABLE 37 Argentina Automation and Instrumentation In Power Market by Instrument, 2020 - 2023, USD Million
- TABLE 38 Argentina Automation and Instrumentation In Power Market by Instrument, 2024 - 2031, USD Million
- TABLE 39 Argentina Automation and Instrumentation In Power Market by Solution, 2020 - 2023, USD Million
- TABLE 40 Argentina Automation and Instrumentation In Power Market by Solution, 2024 - 2031, USD Million
- TABLE 41 UAE Automation and Instrumentation In Power Market, 2020 - 2023, USD Million
- TABLE 42 UAE Automation and Instrumentation In Power Market, 2024 - 2031, USD Million
- TABLE 43 UAE Automation and Instrumentation In Power Market by Instrument, 2020 - 2023, USD Million
- TABLE 44 UAE Automation and Instrumentation In Power Market by Instrument, 2024 - 2031, USD Million
- TABLE 45 UAE Automation and Instrumentation In Power Market by Solution, 2020 - 2023, USD Million
- TABLE 46 UAE Automation and Instrumentation In Power Market by Solution, 2024 - 2031, USD Million
- TABLE 47 Saudi Arabia Automation and Instrumentation In Power Market, 2020 - 2023, USD Million
- TABLE 48 Saudi Arabia Automation and Instrumentation In Power Market, 2024 - 2031, USD Million
- TABLE 49 Saudi Arabia Automation and Instrumentation In Power Market by Instrument, 2020 - 2023, USD Million
- TABLE 50 Saudi Arabia Automation and Instrumentation In Power Market by Instrument, 2024 - 2031, USD Million
- TABLE 51 Saudi Arabia Automation and Instrumentation In Power Market by Solution, 2020 - 2023, USD Million
- TABLE 52 Saudi Arabia Automation and Instrumentation In Power Market by Solution, 2024 - 2031, USD Million
- TABLE 53 South Africa Automation and Instrumentation In Power Market, 2020 - 2023, USD Million
- TABLE 54 South Africa Automation and Instrumentation In Power Market, 2024 - 2031, USD Million
- TABLE 55 South Africa Automation and Instrumentation In Power Market by Instrument, 2020 - 2023, USD Million
- TABLE 56 South Africa Automation and Instrumentation In Power Market by Instrument, 2024 - 2031, USD Million
- TABLE 57 South Africa Automation and Instrumentation In Power Market by Solution, 2020 - 2023, USD Million
- TABLE 58 South Africa Automation and Instrumentation In Power Market by Solution, 2024 - 2031, USD Million
- TABLE 59 Nigeria Automation and Instrumentation In Power Market, 2020 - 2023, USD Million
- TABLE 60 Nigeria Automation and Instrumentation In Power Market, 2024 - 2031, USD Million
- TABLE 61 Nigeria Automation and Instrumentation In Power Market by Instrument, 2020 - 2023, USD Million
- TABLE 62 Nigeria Automation and Instrumentation In Power Market by Instrument, 2024 - 2031, USD Million
- TABLE 63 Nigeria Automation and Instrumentation In Power Market by Solution, 2020 - 2023, USD Million
- TABLE 64 Nigeria Automation and Instrumentation In Power Market by Solution, 2024 - 2031, USD Million
- TABLE 65 Rest of LAMEA Automation and Instrumentation In Power Market, 2020 - 2023, USD Million
- TABLE 66 Rest of LAMEA Automation and Instrumentation In Power Market, 2024 - 2031, USD Million
- TABLE 67 Rest of LAMEA Automation and Instrumentation In Power Market by Instrument, 2020 - 2023, USD Million
- TABLE 68 Rest of LAMEA Automation and Instrumentation In Power Market by Instrument, 2024 - 2031, USD Million
- TABLE 69 Rest of LAMEA Automation and Instrumentation In Power Market by Solution, 2020 - 2023, USD Million
- TABLE 70 Rest of LAMEA Automation and Instrumentation In Power Market by Solution, 2024 - 2031, USD Million
- TABLE 71 Key Information - Siemens AG
- TABLE 72 Key Information - ABB Group
- TABLE 73 Key Information - Emerson Electric Co.
- TABLE 74 Key Information - Rockwell Automation, Inc.
- TABLE 75 Key Information - Omron Corporation
- TABLE 76 Key Information - Honeywell International, Inc.
- TABLE 77 Key Information - Schneider Electric SE
- TABLE 78 Key Information - Mitsubishi Electric Corporation
- TABLE 79 Key Information - Yokogawa Electric Corporation
- TABLE 80 Key Information - Danaher Corporation
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