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Process Instrumentation Market worth $18.96 Billion by 2020
According to a new market research report “Process Instrumentation Market Analysis of Technology & Industries - Global Forecast to 2014 - 2020”, the Global process Instrumentation market is expected to reach $18.96 Billion by 2020, at a CAGR of 3.34% from 2014 to 2020.
Browse 17 tables and 101 figures spread through 190 slides and in-depth TOC on "Process Instrumentation Market - Global Forecast to 2014 - 2020"
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The report primarily deals with different types of Field instruments like Flow, Pressure, Level, Temperature and Humidity. And also report covers field instruments by various communication protocol like Profibus PA, Foundation Fieldbus, HART, Wireless HART, Modbus, ISA-100, SDI-12, BACNet and Standard Analog (4 to 20ma).The Field instruments market is segmented by Hazardous and Non-Hazardous areas. The field instruments for hazardous areas are mainly used in oil and gas industry.
This report segments Global Process Instrumentation market by various industrial application like water and waste water, controlled environments and pharmaceuticals, agriculture and livestock, mining and metals, oil, gas & petrochemicals, power generation, and other process industries. Agriculture and livestock is a very niche segment in all the application and is growing a good rate. Oil and gas, petrochemical, and power industry will be one of the most growing sectors in this field.
The market is segmented into four major geographical regions namely Americas (U.S, Canada, Mexico, Brazil, Argentina and Others) EMEA (U.K, Germany, France, Italy, Spain and Others) China, India, Japan/Korea and Rest of the World ( Australia, New Zealand and South East Asia).
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