Automation and Instrumentation In Power Market By Solution, By Instrument : Global Opportunity Analysis and Industry Forecast, 2023-2032

List of Tables

The global automation and instrumentation in power market is anticipated to reach $56,973.9 million by 2032, growing from $29,765.0 million in 2022 at a CAGR of 7.2% from 2023 to 2032.

Automation and Instrumentation In Power Market - IMG1

Automation and instrumentation in power systems transform electricity production, transmission, and distribution by incorporating cutting-edge technology that improve efficiency, reliability, and safety. Automation is the use of control systems, such as Programmable Logic Controllers (PLCs) and Supervisory Control and Data Acquisition (SCADA) systems, to manage and regulate power generation, transmission, and distribution operations with little human involvement. Instrumentation, on the other hand, is the use of sensors, meters, and monitoring devices to gather data on various parameters such as voltage, current, temperature, and humidity, allowing for real-time monitoring and control of power system components.

Moreover, the integration of renewable energy sources is a vital reason for the development of automation and instrumentation in the power sector. Renewable energy sources, such as solar and wind power, are becoming increasingly significant as governments attempt to lessen their reliance on fossil fuels and combat climate change. However, these sources are more erratic and unpredictable than traditional fossil fuel-based power, creating difficulties for grid operators. Automation and instrumentation can assist utilities in managing these problems by providing them with the tools necessary to efficiently incorporate renewable energy sources into their systems. In addition, the benefits of automation and instrumentation in power systems are numerous. One of the main benefits is enhanced operational efficiency. By automating certain operations, utilities can eliminate the need for manual intervention, resulting in cost savings and increased system efficiency.

Furthermore, the usage of automation and instrumentation in power generating is driving innovation and technical improvement in the industry. As power plants become increasingly automated, new technologies and solutions emerge to meet the changing demands of industry. This provides chances for businesses to develop and commercialize innovative goods & services that can improve the performance, dependability, and sustainability of power producing facilities. In addition, automation and instrumentation can enhance asset management in power generation by enabling real-time monitoring and diagnosis. This can assist detect maintenance requirements early on, optimize maintenance schedules, and extend the life of essential equipment. Automation can also make it easier to apply condition-based maintenance procedures, which improves asset management practices even further.

Moreover, the key players profiled in this report include Siemens, ABB, Emerson Process Management, Rockwell automation, Schneider Electric, Honeywell process solutions, Mitsubishi electric, Yokogawa electric, Omron automation, and Danaher Industrial Ltd. The market players are continuously striving to achieve a dominant position in this competitive market using strategies such as R&D and acquisitions & mergers.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the automation and instrumentation in power market analysis from 2022 to 2032 to identify the prevailing automation and instrumentation in power market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the automation and instrumentation in power market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global automation and instrumentation in power market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

Quarterly Update and* (only available with a corporate license, on listed price)
5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
Free Upcoming Version on the Purchase of Five and Enterprise User License.
16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
Free data Pack on the Five and Enterprise User License. (Excel version of the report)
Free Updated report if the report is 6-12 months old or older.
24-hour priority response*
Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

Consumer Buying Behavior Analysis
End user preferences and pain points
Investment Opportunities
Supply Chain Analysis & Vendor Margins
Technology Trend Analysis
Average Consumer Expenditure
Market share analysis of players by products/segments
Regulatory Guidelines
Strategic Recommendations
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Average Selling Price Analysis / Price Point Analysis
Criss-cross segment analysis- market size and forecast
Expanded list for Company Profiles
Historic market data
Key player details (including location, contact details, supplier/vendor network etc. in excel format)
List of customers/consumers/raw material suppliers- value chain analysis
Product Consumption Analysis
SWOT Analysis

Key Market Segments

By Solution

Advanced Process Control (APC)
Distributed Control System (DCS)
Human Machine Interaction (HMI)
Manufacturing Execution System (MES)
Programmable Logic Controller (PLC)
Safety Automation Supervisory Control and Data Acquisition (SCADA)

By Instrument

Field Instruments
Process Analyzers

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
LAMEA
- Brazil
- Saudi Arabia
- UAE
- South Africa
- Rest of LAMEA

Key Market Players:

Siemens
ABB
Emerson Process Management
Rockwell Automation, Inc.
Schneider Electric
Honeywell process solutions
Mitsubishi Electric
Yokogawa Electric
Omron automation
Danaher Industrial Ltd

Product Code: A208832

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
3.5. Average Selling Price
3.6. Market Share Analysis
3.7. Brand Share Analysis
3.8. Trade Data Analysis
3.9. Product Consumption
3.10. Value Chain Analysis
3.11. Key Regulation Analysis
3.12. Patent Landscape
3.13. Regulatory Guidelines
3.14. Reimbursement Scenario

CHAPTER 4: AUTOMATION AND INSTRUMENTATION IN POWER MARKET, BY SOLUTION

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Advanced Process Control (APC)
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Distributed Control System (DCS)
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Human Machine Interaction (HMI)
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
4.5. Manufacturing Execution System (MES)
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
4.6. Programmable Logic Controller (PLC)
- 4.6.1. Key market trends, growth factors and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market share analysis by country
4.7. Safety Automation Supervisory Control and Data Acquisition (SCADA)
- 4.7.1. Key market trends, growth factors and opportunities
- 4.7.2. Market size and forecast, by region
- 4.7.3. Market share analysis by country

CHAPTER 5: AUTOMATION AND INSTRUMENTATION IN POWER MARKET, BY INSTRUMENT

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Field Instruments
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Process Analyzers
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country

CHAPTER 6: AUTOMATION AND INSTRUMENTATION IN POWER MARKET, BY REGION

6.1. Overview
- 6.1.1. Market size and forecast By Region
6.2. North America
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by Solution
- 6.2.3. Market size and forecast, by Instrument
- 6.2.4. Market size and forecast, by country
  - 6.2.4.1. U.S.
  - 6.2.4.1.1. Market size and forecast, by Solution
  - 6.2.4.1.2. Market size and forecast, by Instrument
  - 6.2.4.2. Canada
  - 6.2.4.2.1. Market size and forecast, by Solution
  - 6.2.4.2.2. Market size and forecast, by Instrument
  - 6.2.4.3. Mexico
  - 6.2.4.3.1. Market size and forecast, by Solution
  - 6.2.4.3.2. Market size and forecast, by Instrument
6.3. Europe
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by Solution
- 6.3.3. Market size and forecast, by Instrument
- 6.3.4. Market size and forecast, by country
  - 6.3.4.1. Germany
  - 6.3.4.1.1. Market size and forecast, by Solution
  - 6.3.4.1.2. Market size and forecast, by Instrument
  - 6.3.4.2. UK
  - 6.3.4.2.1. Market size and forecast, by Solution
  - 6.3.4.2.2. Market size and forecast, by Instrument
  - 6.3.4.3. France
  - 6.3.4.3.1. Market size and forecast, by Solution
  - 6.3.4.3.2. Market size and forecast, by Instrument
  - 6.3.4.4. Spain
  - 6.3.4.4.1. Market size and forecast, by Solution
  - 6.3.4.4.2. Market size and forecast, by Instrument
  - 6.3.4.5. Italy
  - 6.3.4.5.1. Market size and forecast, by Solution
  - 6.3.4.5.2. Market size and forecast, by Instrument
  - 6.3.4.6. Rest of Europe
  - 6.3.4.6.1. Market size and forecast, by Solution
  - 6.3.4.6.2. Market size and forecast, by Instrument
6.4. Asia-Pacific
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by Solution
- 6.4.3. Market size and forecast, by Instrument
- 6.4.4. Market size and forecast, by country
  - 6.4.4.1. China
  - 6.4.4.1.1. Market size and forecast, by Solution
  - 6.4.4.1.2. Market size and forecast, by Instrument
  - 6.4.4.2. Japan
  - 6.4.4.2.1. Market size and forecast, by Solution
  - 6.4.4.2.2. Market size and forecast, by Instrument
  - 6.4.4.3. India
  - 6.4.4.3.1. Market size and forecast, by Solution
  - 6.4.4.3.2. Market size and forecast, by Instrument
  - 6.4.4.4. South Korea
  - 6.4.4.4.1. Market size and forecast, by Solution
  - 6.4.4.4.2. Market size and forecast, by Instrument
  - 6.4.4.5. Australia
  - 6.4.4.5.1. Market size and forecast, by Solution
  - 6.4.4.5.2. Market size and forecast, by Instrument
  - 6.4.4.6. Rest of Asia-Pacific
  - 6.4.4.6.1. Market size and forecast, by Solution
  - 6.4.4.6.2. Market size and forecast, by Instrument
6.5. LAMEA
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by Solution
- 6.5.3. Market size and forecast, by Instrument
- 6.5.4. Market size and forecast, by country
  - 6.5.4.1. Brazil
  - 6.5.4.1.1. Market size and forecast, by Solution
  - 6.5.4.1.2. Market size and forecast, by Instrument
  - 6.5.4.2. Saudi Arabia
  - 6.5.4.2.1. Market size and forecast, by Solution
  - 6.5.4.2.2. Market size and forecast, by Instrument
  - 6.5.4.3. UAE
  - 6.5.4.3.1. Market size and forecast, by Solution
  - 6.5.4.3.2. Market size and forecast, by Instrument
  - 6.5.4.4. South Africa
  - 6.5.4.4.1. Market size and forecast, by Solution
  - 6.5.4.4.2. Market size and forecast, by Instrument
  - 6.5.4.5. Rest of LAMEA
  - 6.5.4.5.1. Market size and forecast, by Solution
  - 6.5.4.5.2. Market size and forecast, by Instrument

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. Introduction
7.2. Top winning strategies
7.3. Product mapping of top 10 player
7.4. Competitive dashboard
7.5. Competitive heatmap
7.6. Top player positioning, 2022

CHAPTER 8: COMPANY PROFILES

8.1. Siemens
- 8.1.1. Company overview
- 8.1.2. Key executives
- 8.1.3. Company snapshot
8.2. ABB
- 8.2.1. Company overview
- 8.2.2. Key executives
- 8.2.3. Company snapshot
8.3. Emerson Process Management
- 8.3.1. Company overview
- 8.3.2. Key executives
- 8.3.3. Company snapshot
8.4. Rockwell Automation, Inc.
- 8.4.1. Company overview
- 8.4.2. Key executives
- 8.4.3. Company snapshot
8.5. Schneider Electric
- 8.5.1. Company overview
- 8.5.2. Key executives
- 8.5.3. Company snapshot
8.6. Honeywell process solutions
- 8.6.1. Company overview
- 8.6.2. Key executives
- 8.6.3. Company snapshot
8.7. Mitsubishi Electric
- 8.7.1. Company overview
- 8.7.2. Key executives
- 8.7.3. Company snapshot
8.8. Yokogawa Electric
- 8.8.1. Company overview
- 8.8.2. Key executives
- 8.8.3. Company snapshot
8.9. Omron automation
- 8.9.1. Company overview
- 8.9.2. Key executives
- 8.9.3. Company snapshot
8.10. Danaher Industrial Ltd
- 8.10.1. Company overview
- 8.10.2. Key executives
- 8.10.3. Company snapshot