Category:
Business
The process automation and instrumentation market is projected to expand at a CAGR of 4.20% to grow to US$134.943 billion by 2025, from US$105.4443 billion in 2019. The growth in the global automation and instrumentation market depends on the growing prominence of regulatory compliance in the process industries. The rising adoption of IoT across various industries and shift in the production process from conventional to digital is another factor stimulating the growth of this market in the coming years.




