Increased DCS use in industrial applications such as power generation, water and waste water, pharmaceuticals, oil and gas, chemicals, and paper and pulp is expected to drive the market over the forecast period.
The market for global process automation & instrumentation is projected to grow at a CAGR of 5.37% during the forecast period of 2017-2024. The forecast period for the market study is 2017 to 2024 and the base year considered for the study is 2016.