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Process Automation and Instrumentation Market Trends, Share, Scope, Forecast by 2026 The process automation and instrumentation market is likely to grow at healthy pace during the course of forecast period from 2018 till 2026. The growth in the global automation and instrumentation market depends on growing prominence on regulatory compliance in the process industries. The rising adoption of IoT across various industries and shift in production process from conventional to digital is another factor stimulating growth of this market in coming years.