MarketStudyReport.com adds “North America Process Automation Market By Type, Application, Industries and Countries Market Size, Forecasts and Trends (2015 – 2020)”new report to its research database.
Any enterprise works towards a singular goal: to make high quality products at a profitable price. This goal can be achieved by using evolving technology to streamline the business process. Other objectives such as workplace safety, consistency in product specifications and adhering to environmental regulations are maintained; and operational constraints are reduced to minimum.
Automation has become an important part of modern manufacturing and industrial processes. It helps enterprises to realize the aforementioned priorities. Companies all over the world are automating their processes with the help of different technologies like SCADA, DCS, MES and PLC. The demand for these technologies is escalating and many vendors are manufacturing solutions to help enterprises achieve efficiency in their manufacturing process.
The market for Process Automation in North America is expected to reach $42.30 billion by the end of 2020, growing at a CAGR of 8.52%, from the current estimate of $25.90 billion. Some of the key vendors in the Process Automation market are ABB, Siemens, Schneider Electric, Honeywell and Rockwell Automation.
Section 1 and 2 are introductory, while section 3 discusses the drivers and restraints of the market. It gauges industry attractiveness and opportunities that exist in the industry value chain.
Section 4 explains Process Automation technology and how it is beneficial to enterprises, how it works and most importantly full extents of its industrial applications.
Section 5 gives a detailed market breakdown on the basis of type of technology used for Process Automation. It provides current market size, forecasts and the market share of category in the North American Process Automation markets.
Section 6 and 7 provides information on the communication protocols used by Process Automation vendors, its market share and future prospects. Additionally, section 7 gives a detailed analysis of the market by the type of solutions that enterprises are providing like hardware, software and services.
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Section 8 focuses on the market by the end user industries like manufacturing, healthcare, energy and others. Section 9 gives a detailed market analysis of different countries in North America.
Section 10 deals with the market shares of major vendors, their complete list of products and services, the strategy followed by each of the vendors and key factors differentiating them from one another.
Section 11 gives a glimpse into the recent mergers and acquisitions that have happened, as well as the outlook from an investment point of view. Section 12 is about the future of North American Process Automation industry and the promise it holds for vendors and consumers alike.
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