The global process instrumentation market is set for significant growth, with a projected valuation of USD 37.34 billion by 2033. This expansion is anticipated to occur at a robust Compound Annual Growth Rate (CAGR) of 7.3% from a market size of USD 18.46 billion in 2023.
Several key end-use industries are driving this growth. Chemicals, pharmaceuticals, water/wastewater treatment, oil & gas, and power generation all heavily rely on process instrumentation to improve efficiency,… Continue