PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1551222
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1551222
Process Control Automation Market Forecasts to 2030 - Global Analysis By Instrument Type, Solution Type, End User and By Geography
According to Stratistics MRC, the Global Process Control Automation Market is accounted for $64.17 billion in 2024 and is expected to reach $97.39 billion by 2030 growing at a CAGR of 7.2% during the forecast period. Process Control Automation refers to the use of technology to manage and regulate industrial processes with minimal human intervention. It integrates various hardware and software systems to monitor, control, and optimize operations in real-time, ensuring efficiency, consistency and safety. By continuously gathering data on process variables like temperature, pressure, and flow rates, these systems adjust controls to maintain desired output levels and respond to fluctuations or deviations.
According to a study by Stratus, 89% of Manufacturers cite Operational Cost reduction as primary goal of deploying IIOT solutions.
Market Dynamics:
Driver:
Rising demand for operational efficiency
Rising demand for operational efficiency is driving advancements in Process Control Automation (PCA). As industries strive to reduce costs, improve quality, and increase productivity, PCA becomes crucial in optimizing complex processes. By integrating advanced technologies such as real-time data analytics, machine learning, and artificial intelligence, PCA systems enhance decision-making and streamline operations. Automated systems provide precise control over manufacturing processes, reduce human error, and enable continuous monitoring and adjustments. This shift not only enhances productivity but also ensures consistent quality and compliance with safety standards.
Restraint:
High initial investment
High initial investment is a significant barrier to implementing process control automation due to the substantial upfront costs associated with the technology. Automation systems often require substantial expenditures for hardware, software, and specialized infrastructure, along with installation and integration costs. There are expenses related to training staff and potentially upgrading existing equipment to ensure compatibility with new systems. For many businesses, especially small to mid-sized enterprises, these costs can be prohibitive, limiting their ability to adopt automation technologies despite their potential long-term benefits. The high initial investment can deter companies from pursuing automation, as they may struggle to justify the financial outlay against the immediate financial pressures and uncertainty about the return on investment.
Opportunity:
Growing need for data analytics
The growing need for data analytics is substantially enhancing process control automation by providing deeper insights and more precise control over industrial operations. Advanced analytics tools enable real-time monitoring of process variables, identifying patterns and anomalies that were previously undetectable. This data-driven approach allows for predictive maintenance, reducing downtime and extending equipment lifespan. By integrating machine learning algorithms and statistical models, organizations can optimize control strategies, improve efficiency, and reduce waste. Data analytics also facilitates adaptive control systems that automatically adjust to changing conditions, ensuring optimal performance and consistency.
Threat:
Skill shortages
Skill shortages is significantly impeding progress in Process Control Automation by creating a gap between the rapid technological advancements and the available talent pool. As industries increasingly adopt advanced automation technologies to enhance efficiency and reduce costs, they encounter a scarcity of skilled professionals proficient in complex systems like PLCs, SCADA, and advanced control algorithms. This shortage results in longer project timelines, higher costs, and compromised system performance. The lack of experienced engineers and technicians also hampers innovation, as companies struggle to implement and optimize cutting-edge solutions.
Covid-19 Impact:
The COVID-19 pandemic significantly impacted process control automation across various industries by accelerating the adoption of digital technologies and reshaping operational practices. With lockdowns and social distancing measures in place, many companies faced disruptions in their traditional methods of managing and monitoring processes. However, this urgency to maintain operations remotely highlighted the limitations of outdated systems and prompted a rapid shift towards automation and remote management solutions. Consequently, the pandemic served as a catalyst for digital transformation, pushing industries to adopt more sophisticated and autonomous systems to future-proof their operations against similar disruptions.
The Humidity Transmitter segment is expected to be the largest during the forecast period
Humidity Transmitter segment is expected to be the largest during the forecast period by providing precise, real-time humidity measurements essential for optimizing industrial processes. These transmitters, integrated with advanced sensors and digital communication technologies, continuously monitor and report humidity levels within various environments, ensuring conditions remain within desired parameters. This real-time data allows for immediate adjustments to control systems, enhancing efficiency, product quality, and equipment longevity. By integrating humidity transmitters with automated control systems, industries can achieve greater accuracy in environmental regulation, reduce manual interventions, and streamline operations, leading to improved overall performance and cost savings.
The Automated Production System segment is expected to have the highest CAGR during the forecast period
Automated Production System segment is expected to have the highest CAGR during the forecast period by integrating cutting-edge technologies and sophisticated algorithms to optimize manufacturing processes. This enhancement leverages real-time data analytics, machine learning, and advanced sensor networks to enable precise control over production variables such as temperature, pressure, and flow rates. By automating these controls, the system ensures consistent product quality, reduces human error, and enhances operational efficiency.
Region with largest share:
As industries increasingly adopt automated systems to enhance efficiency, safety, and productivity, the demand for sophisticated control technologies has surged, North America region dominated the largest market share over the projected period. Urbanization contributes to this trend by driving the need for smart infrastructure, such as advanced building management systems and energy-efficient solutions, which rely heavily on automation across the region. This shift not only boosts economic growth but also positions North America as a leader in technological innovation. The convergence of industrial growth and urban development accelerates the deployment of cutting-edge control systems, thereby reshaping the region's industrial practices and contributing to its overall modernization and competitive edge in the global market.
Region with highest CAGR:
Europe region is poised to hold profitable growth during the extrapolated period. Stringent standards and directives, such as the EU's Machinery Directive and the ATEX regulations for explosive atmospheres, compel companies to adopt advanced automation technologies that improve safety and operational efficiency across the region. These regulations encourage the integration of state-of-the-art control systems and data analytics, leading to more precise and reliable process management throughout the region. Furthermore, regulations aimed at reducing environmental impact push industries towards greener technologies and energy-efficient processes, aligning with the EU's broader sustainability goals.
Key players in the market
Some of the key players in Process Control Automation market include ABB Ltd, Azbil Corporation, Emerson Electric Co, FANUC Corporation, Honeywell International Inc, Mitsubishi Electric Corporation, Panasonic Corporation, Rockwell Automation Inc, Siemens AG, Toshiba Corporation and Yokogawa Electric Corporation.
Key Developments:
In November 2023, Panasonic Corporation announced that in order to accelerate the competitiveness of its businesses that contribute to carbon neutrality (decarbonization), it will launch, a power supply and demand management demonstration project in 2024 at Panasonic Manufacturing UK Ltd., a manufacturer and seller of microwave ovens and other products.
In October 2023, Emerson to Launch New CO2 Scroll Refrigeration Units in Europe. The small modular Copeland-branded units can be installed packed or split, indoor or outdoor, according to Emerson; the gas cooler can be placed horizontally or vertically or be self-standing. The units are also Ecodesign compliant.
Instrument Types Covered:
- Analyzers
- Humidity Transmitter
- Level Transmitter
- Temperature Transmitter
- Other Instrument Types
Solution Types Covered:
- Automated Production System
- Distributed Control System
- Manufacturing Execution Systems
- Operator Training Systems
- Supervisory Control & Data Acquisition
- Other Solution Types
End Users Covered:
- Food & Beverages
- Pharmaceuticals
- Pulp & Paper
- Other End Users
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 End User Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Process Control Automation Market, By Instrument Type
- 5.1 Introduction
- 5.2 Analyzers
- 5.3 Humidity Transmitter
- 5.4 Level Transmitter
- 5.5 Temperature Transmitter
- 5.6 Other Instrument Types
6 Global Process Control Automation Market, By Solution Type
- 6.1 Introduction
- 6.2 Automated Production System
- 6.3 Distributed Control System
- 6.4 Manufacturing Execution Systems
- 6.5 Operator Training Systems
- 6.6 Supervisory Control & Data Acquisition
- 6.7 Other Solution Types
7 Global Process Control Automation Market, By End User
- 7.1 Introduction
- 7.2 Food & Beverages
- 7.3 Pharmaceuticals
- 7.4 Pulp & Paper
- 7.5 Other End Users
8 Global Process Control Automation Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.7 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
10 Company Profiling
- 10.1 ABB Ltd
- 10.2 Azbil Corporation
- 10.3 Emerson Electric Co
- 10.4 FANUC Corporation
- 10.5 Honeywell International Inc
- 10.6 Mitsubishi Electric Corporation
- 10.7 Panasonic Corporation
- 10.8 Rockwell Automation Inc
- 10.9 Siemens AG
- 10.10 Toshiba Corporation
- 10.11 Yokogawa Electric Corporation
List of Tables
- Table 1 Global Process Control Automation Market Outlook, By Region (2022-2030) ($MN)
- Table 2 Global Process Control Automation Market Outlook, By Instrument Type (2022-2030) ($MN)
- Table 3 Global Process Control Automation Market Outlook, By Analyzers (2022-2030) ($MN)
- Table 4 Global Process Control Automation Market Outlook, By Humidity Transmitter (2022-2030) ($MN)
- Table 5 Global Process Control Automation Market Outlook, By Level Transmitter (2022-2030) ($MN)
- Table 6 Global Process Control Automation Market Outlook, By Temperature Transmitter (2022-2030) ($MN)
- Table 7 Global Process Control Automation Market Outlook, By Other Instrument Types (2022-2030) ($MN)
- Table 8 Global Process Control Automation Market Outlook, By Solution Type (2022-2030) ($MN)
- Table 9 Global Process Control Automation Market Outlook, By Automated Production System (2022-2030) ($MN)
- Table 10 Global Process Control Automation Market Outlook, By Distributed Control System (2022-2030) ($MN)
- Table 11 Global Process Control Automation Market Outlook, By Manufacturing Execution Systems (2022-2030) ($MN)
- Table 12 Global Process Control Automation Market Outlook, By Operator Training Systems (2022-2030) ($MN)
- Table 13 Global Process Control Automation Market Outlook, By Supervisory Control & Data Acquisition (2022-2030) ($MN)
- Table 14 Global Process Control Automation Market Outlook, By Other Solution Types (2022-2030) ($MN)
- Table 15 Global Process Control Automation Market Outlook, By End User (2022-2030) ($MN)
- Table 16 Global Process Control Automation Market Outlook, By Food & Beverages (2022-2030) ($MN)
- Table 17 Global Process Control Automation Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
- Table 18 Global Process Control Automation Market Outlook, By Pulp & Paper (2022-2030) ($MN)
- Table 19 Global Process Control Automation Market Outlook, By Other End Users (2022-2030) ($MN)
- Table 20 North America Process Control Automation Market Outlook, By Country (2022-2030) ($MN)
- Table 21 North America Process Control Automation Market Outlook, By Instrument Type (2022-2030) ($MN)
- Table 22 North America Process Control Automation Market Outlook, By Analyzers (2022-2030) ($MN)
- Table 23 North America Process Control Automation Market Outlook, By Humidity Transmitter (2022-2030) ($MN)
- Table 24 North America Process Control Automation Market Outlook, By Level Transmitter (2022-2030) ($MN)
- Table 25 North America Process Control Automation Market Outlook, By Temperature Transmitter (2022-2030) ($MN)
- Table 26 North America Process Control Automation Market Outlook, By Other Instrument Types (2022-2030) ($MN)
- Table 27 North America Process Control Automation Market Outlook, By Solution Type (2022-2030) ($MN)
- Table 28 North America Process Control Automation Market Outlook, By Automated Production System (2022-2030) ($MN)
- Table 29 North America Process Control Automation Market Outlook, By Distributed Control System (2022-2030) ($MN)
- Table 30 North America Process Control Automation Market Outlook, By Manufacturing Execution Systems (2022-2030) ($MN)
- Table 31 North America Process Control Automation Market Outlook, By Operator Training Systems (2022-2030) ($MN)
- Table 32 North America Process Control Automation Market Outlook, By Supervisory Control & Data Acquisition (2022-2030) ($MN)
- Table 33 North America Process Control Automation Market Outlook, By Other Solution Types (2022-2030) ($MN)
- Table 34 North America Process Control Automation Market Outlook, By End User (2022-2030) ($MN)
- Table 35 North America Process Control Automation Market Outlook, By Food & Beverages (2022-2030) ($MN)
- Table 36 North America Process Control Automation Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
- Table 37 North America Process Control Automation Market Outlook, By Pulp & Paper (2022-2030) ($MN)
- Table 38 North America Process Control Automation Market Outlook, By Other End Users (2022-2030) ($MN)
- Table 39 Europe Process Control Automation Market Outlook, By Country (2022-2030) ($MN)
- Table 40 Europe Process Control Automation Market Outlook, By Instrument Type (2022-2030) ($MN)
- Table 41 Europe Process Control Automation Market Outlook, By Analyzers (2022-2030) ($MN)
- Table 42 Europe Process Control Automation Market Outlook, By Humidity Transmitter (2022-2030) ($MN)
- Table 43 Europe Process Control Automation Market Outlook, By Level Transmitter (2022-2030) ($MN)
- Table 44 Europe Process Control Automation Market Outlook, By Temperature Transmitter (2022-2030) ($MN)
- Table 45 Europe Process Control Automation Market Outlook, By Other Instrument Types (2022-2030) ($MN)
- Table 46 Europe Process Control Automation Market Outlook, By Solution Type (2022-2030) ($MN)
- Table 47 Europe Process Control Automation Market Outlook, By Automated Production System (2022-2030) ($MN)
- Table 48 Europe Process Control Automation Market Outlook, By Distributed Control System (2022-2030) ($MN)
- Table 49 Europe Process Control Automation Market Outlook, By Manufacturing Execution Systems (2022-2030) ($MN)
- Table 50 Europe Process Control Automation Market Outlook, By Operator Training Systems (2022-2030) ($MN)
- Table 51 Europe Process Control Automation Market Outlook, By Supervisory Control & Data Acquisition (2022-2030) ($MN)
- Table 52 Europe Process Control Automation Market Outlook, By Other Solution Types (2022-2030) ($MN)
- Table 53 Europe Process Control Automation Market Outlook, By End User (2022-2030) ($MN)
- Table 54 Europe Process Control Automation Market Outlook, By Food & Beverages (2022-2030) ($MN)
- Table 55 Europe Process Control Automation Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
- Table 56 Europe Process Control Automation Market Outlook, By Pulp & Paper (2022-2030) ($MN)
- Table 57 Europe Process Control Automation Market Outlook, By Other End Users (2022-2030) ($MN)
- Table 58 Asia Pacific Process Control Automation Market Outlook, By Country (2022-2030) ($MN)
- Table 59 Asia Pacific Process Control Automation Market Outlook, By Instrument Type (2022-2030) ($MN)
- Table 60 Asia Pacific Process Control Automation Market Outlook, By Analyzers (2022-2030) ($MN)
- Table 61 Asia Pacific Process Control Automation Market Outlook, By Humidity Transmitter (2022-2030) ($MN)
- Table 62 Asia Pacific Process Control Automation Market Outlook, By Level Transmitter (2022-2030) ($MN)
- Table 63 Asia Pacific Process Control Automation Market Outlook, By Temperature Transmitter (2022-2030) ($MN)
- Table 64 Asia Pacific Process Control Automation Market Outlook, By Other Instrument Types (2022-2030) ($MN)
- Table 65 Asia Pacific Process Control Automation Market Outlook, By Solution Type (2022-2030) ($MN)
- Table 66 Asia Pacific Process Control Automation Market Outlook, By Automated Production System (2022-2030) ($MN)
- Table 67 Asia Pacific Process Control Automation Market Outlook, By Distributed Control System (2022-2030) ($MN)
- Table 68 Asia Pacific Process Control Automation Market Outlook, By Manufacturing Execution Systems (2022-2030) ($MN)
- Table 69 Asia Pacific Process Control Automation Market Outlook, By Operator Training Systems (2022-2030) ($MN)
- Table 70 Asia Pacific Process Control Automation Market Outlook, By Supervisory Control & Data Acquisition (2022-2030) ($MN)
- Table 71 Asia Pacific Process Control Automation Market Outlook, By Other Solution Types (2022-2030) ($MN)
- Table 72 Asia Pacific Process Control Automation Market Outlook, By End User (2022-2030) ($MN)
- Table 73 Asia Pacific Process Control Automation Market Outlook, By Food & Beverages (2022-2030) ($MN)
- Table 74 Asia Pacific Process Control Automation Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
- Table 75 Asia Pacific Process Control Automation Market Outlook, By Pulp & Paper (2022-2030) ($MN)
- Table 76 Asia Pacific Process Control Automation Market Outlook, By Other End Users (2022-2030) ($MN)
- Table 77 South America Process Control Automation Market Outlook, By Country (2022-2030) ($MN)
- Table 78 South America Process Control Automation Market Outlook, By Instrument Type (2022-2030) ($MN)
- Table 79 South America Process Control Automation Market Outlook, By Analyzers (2022-2030) ($MN)
- Table 80 South America Process Control Automation Market Outlook, By Humidity Transmitter (2022-2030) ($MN)
- Table 81 South America Process Control Automation Market Outlook, By Level Transmitter (2022-2030) ($MN)
- Table 82 South America Process Control Automation Market Outlook, By Temperature Transmitter (2022-2030) ($MN)
- Table 83 South America Process Control Automation Market Outlook, By Other Instrument Types (2022-2030) ($MN)
- Table 84 South America Process Control Automation Market Outlook, By Solution Type (2022-2030) ($MN)
- Table 85 South America Process Control Automation Market Outlook, By Automated Production System (2022-2030) ($MN)
- Table 86 South America Process Control Automation Market Outlook, By Distributed Control System (2022-2030) ($MN)
- Table 87 South America Process Control Automation Market Outlook, By Manufacturing Execution Systems (2022-2030) ($MN)
- Table 88 South America Process Control Automation Market Outlook, By Operator Training Systems (2022-2030) ($MN)
- Table 89 South America Process Control Automation Market Outlook, By Supervisory Control & Data Acquisition (2022-2030) ($MN)
- Table 90 South America Process Control Automation Market Outlook, By Other Solution Types (2022-2030) ($MN)
- Table 91 South America Process Control Automation Market Outlook, By End User (2022-2030) ($MN)
- Table 92 South America Process Control Automation Market Outlook, By Food & Beverages (2022-2030) ($MN)
- Table 93 South America Process Control Automation Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
- Table 94 South America Process Control Automation Market Outlook, By Pulp & Paper (2022-2030) ($MN)
- Table 95 South America Process Control Automation Market Outlook, By Other End Users (2022-2030) ($MN)
- Table 96 Middle East & Africa Process Control Automation Market Outlook, By Country (2022-2030) ($MN)
- Table 97 Middle East & Africa Process Control Automation Market Outlook, By Instrument Type (2022-2030) ($MN)
- Table 98 Middle East & Africa Process Control Automation Market Outlook, By Analyzers (2022-2030) ($MN)
- Table 99 Middle East & Africa Process Control Automation Market Outlook, By Humidity Transmitter (2022-2030) ($MN)
- Table 100 Middle East & Africa Process Control Automation Market Outlook, By Level Transmitter (2022-2030) ($MN)
- Table 101 Middle East & Africa Process Control Automation Market Outlook, By Temperature Transmitter (2022-2030) ($MN)
- Table 102 Middle East & Africa Process Control Automation Market Outlook, By Other Instrument Types (2022-2030) ($MN)
- Table 103 Middle East & Africa Process Control Automation Market Outlook, By Solution Type (2022-2030) ($MN)
- Table 104 Middle East & Africa Process Control Automation Market Outlook, By Automated Production System (2022-2030) ($MN)
- Table 105 Middle East & Africa Process Control Automation Market Outlook, By Distributed Control System (2022-2030) ($MN)
- Table 106 Middle East & Africa Process Control Automation Market Outlook, By Manufacturing Execution Systems (2022-2030) ($MN)
- Table 107 Middle East & Africa Process Control Automation Market Outlook, By Operator Training Systems (2022-2030) ($MN)
- Table 108 Middle East & Africa Process Control Automation Market Outlook, By Supervisory Control & Data Acquisition (2022-2030) ($MN)
- Table 109 Middle East & Africa Process Control Automation Market Outlook, By Other Solution Types (2022-2030) ($MN)
- Table 110 Middle East & Africa Process Control Automation Market Outlook, By End User (2022-2030) ($MN)
- Table 111 Middle East & Africa Process Control Automation Market Outlook, By Food & Beverages (2022-2030) ($MN)
- Table 112 Middle East & Africa Process Control Automation Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
- Table 113 Middle East & Africa Process Control Automation Market Outlook, By Pulp & Paper (2022-2030) ($MN)
- Table 114 Middle East & Africa Process Control Automation Market Outlook, By Other End Users (2022-2030) ($MN)
