NEW YORK, July 9, 2025 /PRNewswire/ — A comprehensive new report from The Insight Partners reveals that the global Process Instrumentation market is experiencing robust growth due to the increasing adoption of industrial automation worldwide. The market, which was valued at US$19.18 billion in 2024, is projected to reach US$27.93 billion by 2031, recording a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period.
Process Instrumentation plays a crucial role in preventive maintenance, problem resolution, and process optimization, thereby enhancing efficiency. The surge in industrial automation adoption is a key driver of the growth in the Process Instrumentation market. The report provides a detailed analysis of market trends, key players, and future opportunities.
The need for efficient management of high volumes of processes as organizations expand their operations and geographical reach is fueling the adoption of process instrumentation. To gain valuable insights from the Process Instrumentation Market report, a sample PDF can be downloaded at https://www.theinsightpartners.com/sample/TIPRE00039588/
The report highlights the following key findings:
Increasing Industrial Automation: The adoption of automation in the industrial sector is on the rise globally. Manufacturers are recognizing the significant benefits related to capital expenditure, product quality, and time to market. Industrial automation eliminates the need for manual labor and accelerates processes. Several market players, including Mitsubishi Electric, Omron Corp., and Rockwell Automation, are offering industrial automation solutions. For example, in April 2023, Rockwell Automation, Inc. launched FactoryTalk OptiX, a cloud-enabled human-machine interface (HMI) platform that allows users to create, test, and launch apps from a web browser at any time or place. This platform facilitates new levels of interconnection, scalability, and collaboration in industries.
Growth in the Chemical Industry: Process instrumentation, comprising sensors, analyzers, and control systems, is vital for ensuring product quality, optimizing production processes, and adhering to strict regulatory standards. Government initiatives and investments are expected to contribute to the growth of these sectors. For instance, the Indian government’s strong support for the pharmaceutical sector through initiatives such as the Production Linked Incentive (PLI) scheme, the Promotion of Research and Innovation in Pharma MedTech sector (PRIP) scheme, and the Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) is spurring domestic manufacturing and innovation. This increase in production capacity and technological advancement significantly amplifies the demand for process instrumentation to ensure quality control and regulatory compliance.
