Automation and Software Expenditures for Process Industries

This Automation and Software Expenditures for the Process Industries Market Research Study delivers current market analysis plus a five year market and technology forecast.

​Megatrends and Digitalization Driving Automation Investment

The Total Automation Expenditures for Process report covers all major automation technologies used by the major process industries, including distributed control systems, programmable logic controllers, valves, SCADA systems, field devices, and plant software for production management, training, and optimization  The research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts of total expenditures for automation hardware and software products for the process manufacturing industries.  These include refining, chemicals, power generation, mining & minerals, pulp & paper, water & wastewater, and so on.

Digitalization is having a marked impact on industrial operations in the process industries.  Each year, new products and capabilities provide higher value, driving investments in new equipment.  Features are incorporated to control production processes more precisely, improve functionalities, reduce energy consumption, expand operational visibility, increase plant safety, and provide contextualized and time-relevant information to improve management and production floor decisions.  As a result, automation products and software deployed in the process industries are improving product quality and operational efficiency. 

Automation and Software Expenditures Market Strategic Issues

Process Automation Market TrendsIn addition to providing a five-year market forecast, the Total Automation Expenditures for Process market research provides detailed quantitative current market data and addresses key strategic issues as follows.

Macrotrends and Technological Innovation Driving Automation Market  

ARC Advisory Group’s latest market research on Total Automation Expenditures for Process Industries reveals that, once the adverse impacts of the COVID-19 pandemic declines, the capital investment outlook remains positive for the range of automation products and software employed by the process manufacturing industries.  The macro trends that underlie the growth in this market remain in place.  These include globalization, infrastructure expansion, emerging economies, digitalization, an increasing middle class in Asia, and the ongoing need to improve production and process controllability and reduce energy consumption.

The Impact of Industrial IoT

Emerging technology trends and approaches such as Industrial IoT and Industry 4.0 support the market demand for new automation products and software applications that help reduce or even prevent unscheduled downtime, increase productivity, and improve energy efficiency.

Aging Installed Base and Labor Shortages

Two key issues facing both process industry users and suppliers are the need to upgrade the vast installed base of public and plant infrastructures and process automation systems, and the unfolding manufacturing labor shortage caused by retirements of experienced workers and a lack of qualified personnel to replace them. 

Automation and Software Expenditures Study Formats and Editions Available

This market study may be purchased as an Excel Workbook and/or as a PDF File.  The Workbook has some unique features such as the ability to view data in local currency.  Studies and formats available are listed below:  

MIRA Workbook PDF File
Worldwide (includes regional data) Yes Yes

Worldwide Research Focus Areas

Strategic Analysis

  • Major Trends
  • Industry Trends
  • Regional Trends
  • Strategies for Success

Competitive Analysis

  • Market Shares of the Leading Suppliers
  • Market Shares by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Market Shares by Industry
    • Cement & Glass
    • Chemical
    • Electric Power Generation
    • Electric Power T&D
    • Food & Beverage
    • Metals
    • Mining
    • Oil & Gas
    • Pharmaceutical & Biotech
    • Pulp & Paper
    • Refining
    • Textiles
    • Water & Wastewater
  • Market Shares by Product
    • AC Drives – Low Voltage
    • AC Drives – Medium Voltage
    • Advanced Process Control
    • Computer Numerical Controls
    • Continuous Ultrasonic Level Devices
    • Control Valves
    • DCS without SCADA
    • Engineering Design Tools
    • Enterprise Asset Management
    • Field Service Management
    • Flowmeters
    • General Motion Control
    • Human-Machine Interface Software
    • Lab Information Management Systems
    • Machine Safeguarding Solutions
    • Manufacturing Execution Systems
    • Operator Training Simulation Software
    • Plant Asset Management
    • Pressure Transmitters
    • PLCs
    • Process Safety Systems
    • Process Simulation & Optimization
    • Radar Level Devices
    • SCADA Systems
    • Temperature Transmitters

Market Forecasts & Histories

  • Total Automation Expenditures for Process Industries
  • Shipments by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Shipments by Industry
    • Cement & Glass
    • Chemical
    • Electric Power Generation
    • Electric Power T&D
    • Food & Beverage
    • Metals
    • Mining
    • Oil & Gas
    • Pharmaceutical & Biotech
    • Pulp & Paper
    • Refining
    • Textiles
    • Water & Wastewater
  • Shipments by Product
    • AC Drives – Low Voltage
    • AC Drives – Medium Voltage
    • Advanced Process Control
    • Computer Numerical Controls
    • Continuous Ultrasonic Level Devices
    • Control Valves
    • DCS without SCADA
    • Engineering Design Tools
    • Enterprise Asset Management
    • Field Service Management
    • Flowmeters
    • General Motion Control
    • Human-Machine Interface Software
    • Lab Information Management Systems
    • Machine Safeguarding Solutions
    • Manufacturing Execution Systems
    • Operator Training Simulation Software
    • Plant Asset Management
    • Pressure Transmitters
    • PLCs
    • Process Safety Systems
    • Process Simulation & Optimization
    • Radar Level Devices
    • SCADA Systems
    • Temperature Transmitters

Industry Participants

The research identifies all relevant suppliers serving this market.

For More Information

For more information or to purchase the Automation and Software Expenditures for Process Industries study, please contact us.