Global Process Automation Market
DUBLIN, April 8, 2014 /PRNewswire/ –
Research and Markets (
http://www.researchandmarkets.com/research/2gswjx/global_process) has announced the
addition of the “Global Process Automation Market”
[http://www.researchandmarkets.com/research/2gswjx/global_process ] report to their
The analysts forecast the Global Process Automation market to grow at a CAGR of 6.62
percent over the period 2012-2016. One of the key factors contributing to this market
growth is the increasing demand for automation solutions from the Oil and Gas industry.
The Global Process Automation market has also been witnessing an increasing availability
of wireless sensor networking. However, the reluctance of organizations to migrate to
newer technologies could pose a challenge to the growth of this market.
The report, the Global Process Automation Market, has been prepared based on an
in-depth market analysis with inputs from industry experts. The report covers the market
in the Americas and the EMEA and APAC regions; it also covers the Global Process
Automation market landscape and its growth prospects in the coming years. The report also
includes a discussion of the key vendors operating in this market.
The increasing availability of wireless sensor networking in SCADA-based industrial
control systems is one of the major emerging trends in the market. This helps enterprises
to overcome certain issues related to the rigid architecture of SCADA such as
inflexibility and centralized architecture. With this technology, the deployment of
sensors in SCADA-based industrial control systems becomes easier as it provides wireless
For instance, in the Energy and Power
[http://www.researchandmarkets.com/research/2gswjx/global_process ] industry, sensors are
generally deployed in either production or induction wells. Through wireless sensor
technology, the sensors can be deployed inside gas pipelines in a cost-effective way,
thereby resulting in increased process efficiency.
According to the report, one of the major drivers is the increasing demand for
automation solutions from the Oil and Gas
[http://www.researchandmarkets.com/research/2gswjx/global_process ] industry. The effective
deployment of automation solution helps companies improve their productivity and enhance
their monitoring and security systems.
Further, the report states that a major challenge in the market is the reluctancy in
migrating to the latest technology. Several organizations across various process
industries across globe find it difficult to shift from their legacy system to the latest
technology because of various technical issues such as interoperability and compatibility
with existing system.
Key Topics Covered: 1. Executive Summary 2. List of Abbreviations 3. Introduction 4. Market Research Methodology 5. Scope of the Report 6. Market Landscape 7. Geographical Segmentation 8. Vendor Landscape 9. Buying Criteria 10. Market Growth Drivers 11. Drivers and their Impact 12. Market Challenges 13. Impact of Drivers and Challenges 14. Market Trends 15. Key Vendor Analysis 16. Other Reports in this Series 17. Other Reports in this Series
- ABB Ltd. - Apriso Corp. - Aspen Technologies Inc. - Emerson Electric Co. - General Electric Co. - Honeywell International Inc. - IBM Corp. - Invensys plc - Oracle Corp. - PSI AG - Rockwell Automation Inc. - SAP AG - Schneider Electric Co. - Siemens AG - Werum Software & Systems AG. - and Yokogawa Electric Corp.; Applied Material Inc. - iBASEt Inc.
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SOURCE Research and Markets