Process Automation and Instrumentation Market Report 2026

Process Automation and Instrumentation Market Overview

• Process Automation and Instrumentation market size has reached to $77.67 billion in 2025 • Expected to grow to $115.5 billion in 2030 at a compound annual growth rate (CAGR) of 8.2% • Growth Driver: Increase In Renewable Energy Driving The Market Growth Due To Rising Demand For Automation • Market Trend: Andritz AG Launches Smart Series Intelligent Instruments to Enhance Process Efficiency for Pulp and Paper Industry • North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Process Automation and Instrumentation Market?

Process automation and instrumentation refer to a set of activities conducted for the development and sales of process automation and instrumentation products. It is referred to as the process where technology is used to automate complex business processes involving using software, hardware, and computing technology to allow operating more securely and efficiently. Automating processes reduces errors and loss of data and increases transparency, communication across departments, and speed of processing in various industries. The main types of process automation and instrumentation are field instruments, control valves, analyzers, and analytical instruments. Sensors, actuators, sophisticated signal processing, and reliable communications are all used in field instruments, which are typically used in the harshest of settings. They are responsible for capturing and interpreting data sent to the cloud at the corporate level. The solutions include a programmable logic controller (PLC), distributed control system (DCS), supervisory control and data acquisition (SCADA), human-machine interaction (HMI), functional safety, and manufacturing execution system (MES) are used in various industries such as oil and gas, chemicals, pulp and paper, pharmaceuticals, metals and mining, and food and beverages, energy and power, water and wastewater treatment.

What Is The Process Automation and Instrumentation Market Growth Forecast?

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.

Global Process Automation and Instrumentation Market Segmentation

1) By Instrument: Field Instrument, Control Valve And Analyzer, Analytical Instrument 2) By Solution: Programmable Logic Controller (PLC), Distributed Control System (DCS), Supervisory Control And Data Acquisition (SCADA), Human Machine Interaction (HMI), Functional Safety, Manufacturing Execution System (MES) 3) By Industry: Oil And Gas, Chemicals, Pulp And Paper, Pharmaceuticals, Metals And Mining, Food And Beverages, Energy And Power, Water And Wastewater Treatment Subsegments: 1) By Field Instrument: Pressure Sensors, Temperature Sensors, Flow Meters, Level Sensors, Position Sensors 2) By Control Valve And Analyzer: Control Valves, Flow Control Valves, Analyzers 3) By Analytical Instrument: Spectroscopy Instruments, PH Meters, Conductivity Meters

What Is The Driver Of The Process Automation and Instrumentation Market?

The increase in renewable energy is expected to propel the growth of the process automation and instrumentation market going forward. Renewable energy refers to power generated from naturally replenishing sources such as solar, wind, and hydropower that produce minimal environmental impact. The rise in renewable energy is due to supportive government policies and declining technology costs, which make renewable installations increasingly economically attractive for power generation. The expansion of renewable energy infrastructure creates substantial 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 instance, in December 2024, according to the Eurostat, a Luxembourg-based government agency, in 2023, renewable energy represented 24.5% of total energy consumption in the EU, up from 23.0% in 2022. Therefore, the increase in renewable energy is driving the growth of the process automation and instrumentation industry.

Key Players In The Global Process Automation and Instrumentation Market

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

Global Process Automation and Instrumentation Market Trends and Insights

Major companies operating in the process automation and instrumentation market are innovating advanced products such as intelligent instruments to improve accuracy, enhance operational efficiency, enable real-time data monitoring, and streamline industrial processes across various sectors. Intelligent instruments are advanced devices equipped with sensors, microprocessors, and communication capabilities that enable 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 industry company launched Smart Series. Smart Series is a series of intelligent instruments designed to enhance process efficiency and environmental sustainability for pulp and paper producers by providing a wide range of advanced measurement and monitoring solutions. The Smart Series includes various tools such as emission and gas analyzers, machine vision systems, and condition monitoring solutions.

What Are Latest Mergers And Acquisitions In The Process Automation and Instrumentation Market?

In October 2023, Emerson Electric Co., a US-based manufacturing company, acquired National Instruments Corporation (NI) for an undisclosed amount. With this acquisition, Emerson Electric Co. aims to expand its position as a global automation leader and its opportunity to capitalize on key secular trends like nearshoring, digital transformation, sustainability and decarbonization. National Instruments Corporation (NI) is a US-based company that provides process automation and instrumentation software.

Regional Insights

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 this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Process Automation and Instrumentation Market?

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.

How is Market Value Defined and Measured?

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.

What Key Data and Analysis Are Included in the Process Automation and Instrumentation Market Report 2026?

The process automation and instrumentation market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the process automation and instrumentation industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.