Global Process Automation Market Expected to Grow at 6.05% CAGR to Reach $124.29 Billion in 2018

Research and Markets has announced the addition of the "2013 Report on the International Process Automation Market - Includes Forecast to 2018" report to their offering.

This report, based on extensive research of the process automation market and instrumentation market, is aimed at identifying the entire market of process automation, specifically, technology, hardware, software, services and the communication protocol.The market report also covers the field instruments used in the process industries. The report covers the overall market and sub-segment markets through extensively detailed classifications.

The global process automation market revenue is expected to grow from $86.07 billion in 2012, to $124.29 billion in 2018, at an estimated CAGR of 6.05% from 2013 to 2018. Also, the instrumentation market is expected to grow from $26.50 billion in 2012, to $36.71 billion in 2018, with a CAGR of 5.07%.

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