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Global Automation and Instrumentation in Power Market Size Study, 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) and Regional Forecasts 2022-2032

July 2024 | 200 pages | ID: G5A786CBF904EN
Bizwit Research & Consulting LLP

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Global Automation and Instrumentation in Power Market was valued at approximately USD 30.12 billion in 2023, and it is anticipated to grow at a CAGR of 7.34% over the forecast period 2024-2032. Automation and instrumentation in power systems involve the integration of advanced technologies designed to enhance the efficiency, reliability, and safety of electrical power production, transmission, and distribution. Automation utilizes control systems, sensors, and sophisticated software algorithms to automatically monitor and control various aspects of electricity generation and distribution, thereby reducing human intervention and minimizing errors.
The Global Automation and Instrumentation in Power Market is driven by rising power demand and strategic initiatives towards upgradation of ageing infrastructure across the world. Increasing demand for power and strategic initiatives aimed at modernizing ageing infrastructure. As global populations expand and economies develop, there is a corresponding rise in electricity consumption across residential, commercial, and industrial sectors. This surge in power demand necessitates efficient management and control of power generation, transmission, and distribution systems, thereby driving the adoption of automation and instrumentation technologies. In addition, regulatory mandates and incentives aimed at promoting sustainable energy practices are also influencing market dynamics. Governments and utilities worldwide are increasingly investing in smart grid technologies and digital transformation initiatives to achieve energy efficiency targets and integrate renewable energy sources seamlessly into the grid. However, high initial investment costs and technical complexity is going to impede the overall demand for the market during the forecast period 2024-2032.

The key regions considered for the Global Automation and Instrumentation in Power Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, Asia-Pacific was the dominating among regional market in terms of revenue owing to factors such as surge in power demand driven by population growth, industrialization, and the increasing adoption of electric vehicles and heating systems across the region. This heightened demand has compelled power utilities to upgrade their infrastructure and operations, resulting in significant investments in automation and instrumentation technologies. Furthermore, the market in North America is anticipated to develop at the fastest rate over the forecast period 2024-2032.
Major market players included in this report are:
Emerson Process Management
Danaher Industrial Ltd
ABB
Rockwell Automation, Inc.
Omron Automation
Siemens
Honeywell Process Solutions
Mitsubishi Electric
Schneider Electric
Yokogawa Electric
The detailed segments and sub-segment of the market are explained below:
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
Europe
• UK
• Germany
• France
• Spain
• Italy
• ROE
Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• RoAPAC
Latin America
• Brazil
• Mexico
Middle East & Africa
• Saudi Arabia
• South Africa
• RoMEA
Years considered for the study are as follows:
• Historical year – 2022
• Base year – 2023
• Forecast period – 2024 to 2032
Key Takeaways:
• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market
CHAPTER 1. GLOBAL AUTOMATION AND INSTRUMENTATION IN POWER MARKET EXECUTIVE SUMMARY

1.1. Global Automation and Instrumentation in Power Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
  1.3.1. By Solution
  1.3.2. By Instrument
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

CHAPTER 2. GLOBAL AUTOMATION AND INSTRUMENTATION IN POWER MARKET DEFINITION AND RESEARCH ASSUMPTIONS

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
  2.3.1. Inclusion & Exclusion
  2.3.2. Limitations
  2.3.3. Supply Side Analysis
    2.3.3.1. Availability
    2.3.3.2. Infrastructure
    2.3.3.3. Regulatory Environment
    2.3.3.4. Market Competition
    2.3.3.5. Economic Viability (Consumer’s Perspective)
  2.3.4. Demand Side Analysis
    2.3.4.1. Regulatory frameworks
    2.3.4.2. Technological Advancements
    2.3.4.3. Environmental Considerations
    2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

CHAPTER 3. GLOBAL AUTOMATION AND INSTRUMENTATION IN POWER MARKET DYNAMICS

3.1. Market Drivers
  3.1.1. Rising Power Demand
  3.1.2. Need to Upgrade Ageing Infrastructure
3.2. Market Challenges
  3.2.1. High Initial Investment Costs
  3.2.2. Technical Complexity
3.3. Market Opportunities
  3.3.1. Growth in Renewable Energy Sector
  3.3.2. Technological Advancements in Smart Grids

CHAPTER 4. GLOBAL AUTOMATION AND INSTRUMENTATION IN POWER MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model
  4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL AUTOMATION AND INSTRUMENTATION IN POWER MARKET SIZE & FORECASTS BY SOLUTION 2022-2032

5.1. Segment Dashboard
5.2. Global Automation and Instrumentation in Power Market: Solution Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  5.2.1. Advanced Process Control (APC)
  5.2.2. Distributed Control System (DCS)
  5.2.3. Human Machine Interaction (HMI)
  5.2.4. Manufacturing Execution System (MES)
  5.2.5. Programmable Logic Controller (PLC)
  5.2.6. Safety Automation
  5.2.7. Supervisory Control and Data Acquisition (SCADA)

CHAPTER 6. GLOBAL AUTOMATION AND INSTRUMENTATION IN POWER MARKET SIZE & FORECASTS BY INSTRUMENT 2022-2032

6.1. Segment Dashboard
6.2. Global Automation and Instrumentation in Power Market: Instrument Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  6.2.1. Field Instruments
  6.2.2. Process Analyzers

CHAPTER 7. GLOBAL AUTOMATION AND INSTRUMENTATION IN POWER MARKET SIZE & FORECASTS BY REGION 2022-2032

7.1. North America Automation and Instrumentation in Power Market
  7.1.1. U.S. Automation and Instrumentation in Power Market
    7.1.1.1. Solution breakdown size & forecasts, 2022-2032
    7.1.1.2. Instrument breakdown size & forecasts, 2022-2032
  7.1.2. Canada Automation and Instrumentation in Power Market
    7.1.2.1. Solution breakdown size & forecasts, 2022-2032
    7.1.2.2. Instrument breakdown size & forecasts, 2022-2032
7.2. Europe Automation and Instrumentation in Power Market
  7.2.1. U.K. Automation and Instrumentation in Power Market
    7.2.1.1. Solution breakdown size & forecasts, 2022-2032
    7.2.1.2. Instrument breakdown size & forecasts, 2022-2032
  7.2.2. Germany Automation and Instrumentation in Power Market
    7.2.2.1. Solution breakdown size & forecasts, 2022-2032
    7.2.2.2. Instrument breakdown size & forecasts, 2022-2032
  7.2.3. France Automation and Instrumentation in Power Market
    7.2.3.1. Solution breakdown size & forecasts, 2022-2032
    7.2.3.2. Instrument breakdown size & forecasts, 2022-2032
  7.2.4. Spain Automation and Instrumentation in Power Market
    7.2.4.1. Solution breakdown size & forecasts, 2022-2032
    7.2.4.2. Instrument breakdown size & forecasts, 2022-2032
  7.2.5. Italy Automation and Instrumentation in Power Market
    7.2.5.1. Solution breakdown size & forecasts, 2022-2032
    7.2.5.2. Instrument breakdown size & forecasts, 2022-2032
  7.2.6. Rest of Europe Automation and Instrumentation in Power Market
    7.2.6.1. Solution breakdown size & forecasts, 2022-2032
    7.2.6.2. Instrument breakdown size & forecasts, 2022-2032
7.3. Asia-Pacific Automation and Instrumentation in Power Market
  7.3.1. China Automation and Instrumentation in Power Market
    7.3.1.1. Solution breakdown size & forecasts, 2022-2032
    7.3.1.2. Instrument breakdown size & forecasts, 2022-2032
  7.3.2. India Automation and Instrumentation in Power Market
    7.3.2.1. Solution breakdown size & forecasts, 2022-2032
    7.3.2.2. Instrument breakdown size & forecasts, 2022-2032
  7.3.3. Japan Automation and Instrumentation in Power Market
    7.3.3.1. Solution breakdown size & forecasts, 2022-2032
    7.3.3.2. Instrument breakdown size & forecasts, 2022-2032
  7.3.4. Australia Automation and Instrumentation in Power Market
    7.3.4.1. Solution breakdown size & forecasts, 2022-2032
    7.3.4.2. Instrument breakdown size & forecasts, 2022-2032
  7.3.5. South Korea Automation and Instrumentation in Power Market
    7.3.5.1. Solution breakdown size & forecasts, 2022-2032
    7.3.5.2. Instrument breakdown size & forecasts, 2022-2032
  7.3.6. Rest of Asia Pacific Automation and Instrumentation in Power Market
    7.3.6.1. Solution breakdown size & forecasts, 2022-2032
    7.3.6.2. Instrument breakdown size & forecasts, 2022-2032
7.4. Latin America Automation and Instrumentation in Power Market
  7.4.1. Brazil Automation and Instrumentation in Power Market
    7.4.1.1. Solution breakdown size & forecasts, 2022-2032
    7.4.1.2. Instrument breakdown size & forecasts, 2022-2032
  7.4.2. Mexico Automation and Instrumentation in Power Market
    7.4.2.1. Solution breakdown size & forecasts, 2022-2032
    7.4.2.2. Instrument breakdown size & forecasts, 2022-2032
  7.4.3. Rest of Latin America Automation and Instrumentation in Power Market
    7.4.3.1. Solution breakdown size & forecasts, 2022-2032
    7.4.3.2. Instrument breakdown size & forecasts, 2022-2032
7.5. Middle East & Africa Automation and Instrumentation in Power Market
  7.5.1. Saudi Arabia Automation and Instrumentation in Power Market
    7.5.1.1. Solution breakdown size & forecasts, 2022-2032
    7.5.1.2. Instrument breakdown size & forecasts, 2022-2032
  7.5.2. South Africa Automation and Instrumentation in Power Market
    7.5.2.1. Solution breakdown size & forecasts, 2022-2032
    7.5.2.2. Instrument breakdown size & forecasts, 2022-2032
  7.5.3. Rest of Middle East & Africa Automation and Instrumentation in Power Market
    7.5.3.1. Solution breakdown size & forecasts, 2022-2032
    7.5.3.2. Instrument breakdown size & forecasts, 2022-2032

CHAPTER 8. COMPETITIVE INTELLIGENCE

8.1. Key Company SWOT Analysis
  8.1.1. Company
  8.1.2. Company
  8.1.3. Company
8.2. Top Market Strategies
8.3. Company Profiles
  8.3.1. Emerson Process Management
    8.3.1.1. Key Information
    8.3.1.2. Overview
    8.3.1.3. Financial (Subject to Data Availability)
    8.3.1.4. Product Summary
    8.3.1.5. Market Strategies
  8.3.2. Danaher Industrial Ltd
  8.3.3. ABB
  8.3.4. Rockwell Automation, Inc.
  8.3.5. Omron Automation
  8.3.6. Siemens
  8.3.7. Honeywell Process Solutions
  8.3.8. Mitsubishi Electric
  8.3.9. Schneider Electric
  8.3.10. Yokogawa Electric

CHAPTER 9. RESEARCH PROCESS

9.1. Research Process
  9.1.1. Data Mining
  9.1.2. Analysis
  9.1.3. Market Estimation
  9.1.4. Validation
  9.1.5. Publishing
9.2. Research Attributes

LIST OF TABLES

TABLE 1. Global Automation and Instrumentation in Power Market, Report Scope
TABLE 2. Global Automation and Instrumentation in Power Market Estimates & Forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Automation and Instrumentation in Power Market Estimates & Forecasts by Solution 2022-2032 (USD Billion)
TABLE 4. Global Automation and Instrumentation in Power Market Estimates & Forecasts by Instrument 2022-2032 (USD Billion)
TABLE 5. Global Automation and Instrumentation in Power Market by Segment, Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 6. Global Automation and Instrumentation in Power Market by Region, Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 7. Global Automation and Instrumentation in Power Market by Segment, Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 8. Global Automation and Instrumentation in Power Market by Region, Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Automation and Instrumentation in Power Market by Segment, Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Automation and Instrumentation in Power Market by Region, Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Automation and Instrumentation in Power Market by Segment, Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Automation and Instrumentation in Power Market by Region, Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Automation and Instrumentation in Power Market by Segment, Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 14. Global Automation and Instrumentation in Power Market by Region, Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 15. U.S. Automation and Instrumentation in Power Market Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 16. U.S. Automation and Instrumentation in Power Market Estimates & Forecasts by Segment 2022-2032 (USD Billion)
TABLE 17. U.S. Automation and Instrumentation in Power Market Estimates & Forecasts by Segment 2022-2032 (USD Billion)
TABLE 18. Canada Automation and Instrumentation in Power Market Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 19. Canada Automation and Instrumentation in Power Market Estimates & Forecasts by Segment 2022-2032 (USD Billion)
TABLE 20. Canada Automation and Instrumentation in Power Market Estimates & Forecasts by Segment 2022-2032 (USD Billion)
…..
This list is not complete, final report does contain more than 100 tables. The list may be updated in the final deliverable

LIST OF FIGURES

FIG 1. Global Automation and Instrumentation in Power Market, Research Methodology
FIG 2. Global Automation and Instrumentation in Power Market, Market Estimation Techniques
FIG 3. Global Market Size Estimates & Forecast Methods.
FIG 4. Global Automation and Instrumentation in Power Market, Key Trends 2023
FIG 5. Global Automation and Instrumentation in Power Market, Growth Prospects 2022-2032
FIG 6. Global Automation and Instrumentation in Power Market, Porters 5 Force Model
FIG 7. Global Automation and Instrumentation in Power Market, PESTEL Analysis
FIG 8. Global Automation and Instrumentation in Power Market, Value Chain Analysis
FIG 9. Global Automation and Instrumentation in Power Market by Segment, 2022 & 2032 (USD Billion)
FIG 10. Global Automation and Instrumentation in Power Market by Segment, 2022 & 2032 (USD Billion)
FIG 11. Global Automation and Instrumentation in Power Market by Segment, 2022 & 2032 (USD Billion)
FIG 12. Global Automation and Instrumentation in Power Market by Segment, 2022 & 2032 (USD Billion)
FIG 13. Global Automation and Instrumentation in Power Market by Segment, 2022 & 2032 (USD Billion)
FIG 14. Global Automation and Instrumentation in Power Market, Regional Snapshot 2022 & 2032
FIG 15. North America Automation and Instrumentation in Power Market 2022 & 2032 (USD Billion)
FIG 16. Europe Automation and Instrumentation in Power Market 2022 & 2032 (USD Billion)
FIG 17. Asia-Pacific Automation and Instrumentation in Power Market 2022 & 2032 (USD Billion)
FIG 18. Latin America Automation and Instrumentation in Power Market 2022 & 2032 (USD Billion)
FIG 19. Middle East & Africa Automation and Instrumentation in Power Market 2022 & 2032 (USD Billion)
FIG 20. Global Automation and Instrumentation in Power Market, Company Market Share Analysis (2023)
…..
This list is not complete, final report does contain more than 50 figures. The list may be updated in the final deliverable


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