2017 Process Automation Market Update
The Value of the Global Market for Process Instrumentation and Automation (PI&A) in 2016 equaled $63 Billion. The PI&A market is forecast to grow at a 5-Year CAGR of 3.6 percent, 2016 to 2021.
At a 3.6 percent CAGR, the global PI&A market is a robust, lucrative market. The market will add total a of $12.5 Billion over the next 5 years, creating substantial available market value for all suppliers.
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