PUBLISHER: The Business Research Company | PRODUCT CODE: 1977359
PUBLISHER: The Business Research Company | PRODUCT CODE: 1977359
Process automation and instrumentation involve a series of activities dedicated to the creation and marketing of products related to process automation and instrumentation. This process utilizes technology to automate intricate business processes by employing software, hardware, and computing technology, thereby enabling more secure and efficient operations. The automation of processes serves to diminish errors and data loss while enhancing transparency, communication across departments, and the speed of processing in diverse industries.
The primary categories of process automation and instrumentation comprise field instruments, control valves, analyzers, and analytical instruments. Field instruments, which are typically deployed in challenging environments, incorporate sensors, actuators, advanced signal processing, and reliable communications. These instruments play a crucial role in capturing and interpreting data sent to the corporate level cloud. Solutions in this domain encompass programmable logic controllers (PLC), distributed control systems (DCS), supervisory control and data acquisition (SCADA), human-machine interaction (HMI), functional safety, and manufacturing execution systems (MES). These technologies find applications across various industries such as oil and gas, chemicals, pulp and paper, pharmaceuticals, metals and mining, food and beverages, as well as energy and power, including water and wastewater treatment.
Tariffs are influencing the process automation and instrumentation market by increasing costs of imported sensors, control valves, analyzers, plc hardware, and industrial communication components. Oil and gas, chemicals, and power generation industries in North America and Europe are most affected due to reliance on imported automation equipment, while Asia-Pacific faces cost pressure on export-oriented manufacturing. These tariffs are raising project implementation costs and extending upgrade timelines. At the same time, they are driving local manufacturing of automation components, regional system integration capabilities, and long-term supply chain resilience.
The process automation and instrumentation market research report is one of a series of new reports from The Business Research Company that provides process automation and instrumentation market statistics, including process automation and instrumentation industry global market size, regional shares, competitors with a process automation and instrumentation market share, detailed process automation and instrumentation market segments, market trends and opportunities, and any further data you may need to thrive in the process automation and instrumentation industry. This process automation and instrumentation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The process automation and instrumentation market size has grown strongly in recent years. It will grow from $77.67 billion in 2025 to $84.34 billion in 2026 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to increasing industrial process complexity, expansion of large-scale manufacturing facilities, rising demand for operational efficiency, growing use of plc and dcs systems, increasing regulatory compliance requirements.
The process automation and instrumentation market size is expected to see strong growth in the next few years. It will grow to $115.5 billion in 2030 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to increasing investments in smart manufacturing, rising adoption of industrial iot solutions, expansion of cloud-based control systems, growing focus on predictive process optimization, increasing demand for cybersecurity in industrial automation. Major trends in the forecast period include increasing adoption of integrated automation platforms, rising deployment of smart field instruments, growing use of advanced process control systems, expansion of digital twin-based monitoring, enhanced focus on operational safety and reliability.
The growth of renewable energy is expected to drive the expansion of the process automation and instrumentation market. Renewable energy refers to power generated from naturally replenishing sources such as solar, wind, and hydropower, which have minimal environmental impact. The increase in renewable energy adoption is driven by supportive government policies and declining technology costs, making renewable installations more economically viable for power generation. The development of renewable energy infrastructure generates strong demand for advanced process automation and instrumentation systems to monitor, control, and optimize the performance of solar farms, wind turbines, and energy storage facilities. For example, in December 2024, Eurostat, a Luxembourg-based government agency, reported that renewable energy accounted for 24.5% of total energy consumption in the EU in 2023, up from 23.0% in 2022. Therefore, the growth of renewable energy is propelling the process automation and instrumentation market.
Major companies in the process automation and instrumentation market are focusing on developing advanced products such as intelligent instruments to improve measurement accuracy, enhance operational efficiency, enable real-time data monitoring, and streamline industrial processes across sectors. Intelligent instruments are sophisticated devices equipped with sensors, microprocessors, and communication capabilities, allowing them to perform automated functions, process data, and interact with other systems in real time. For instance, in April 2024, Andritz AG, an Austria-based machinery company, launched the Smart Series, a range of intelligent instruments designed to enhance process efficiency and environmental sustainability for pulp and paper producers. The Smart Series includes tools such as emission and gas analyzers, machine vision systems, and condition monitoring solutions.
In October 2023, Emerson Electric Co., a US-based manufacturing company, acquired National Instruments Corporation (NI) for an undisclosed amount. Through this acquisition, Emerson Electric aims to strengthen its position as a global automation leader and leverage key trends such as nearshoring, digital transformation, sustainability, and decarbonization. National Instruments Corporation (NI) is a US-based company specializing in process automation and instrumentation software.
Major companies operating in the process automation and instrumentation market are ABB Limited; Emerson Electric Company; Siemens AG; Honeywell International Inc.; Rockwell Automation Inc.; Schneider Electric SE; Yokogawa Electric Corporation; Mitsubishi Electric Corporation; Omron Corporation; Delta Electronics Inc.; Beckhoff Automation GmbH & Co. KG; Endress+Hauser Group; Metso Corporation; Danaher Corporation; General Electric Company; Robert Bosch GmbH; Eaton Corporation plc; Hollysys Automation Technologies Ltd.; Pepperl+Fuchs GmbH; Carlo Gavazzi Holding AG
North America was the largest region in the process automation and instrumentation market in 2025.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the process automation and instrumentation market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the process automation and instrumentation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The process automation and instrumentation market includes revenues earned by entities by providing pressure transmitters, flowmeters, temperature transmitters, level meters, field wireless, and device smart communicators. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Process Automation and Instrumentation Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses process automation and instrumentation market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for process automation and instrumentation ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The process automation and instrumentation market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.