Siemens Milltronics Process Instruments

Hazardous Area Equipment Global Strategic Business Report 2023: Market to Reach $11.6 Billion by 2030 with Cable Glands & Accessories Accounting for $3.5 Billion - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 27, 2023

The "Hazardous Area Equipment: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Hazardous Area Equipment: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • In the changed post COVID-19 business landscape, the global market for Hazardous Area Equipment estimated at US$6.5 Billion in the year 2022, is projected to reach a revised size of US$11.6 Billion by 2030, growing at a CAGR of 7.4% over the analysis period 2022-2030.
  • Cable Glands & Accessories, one of the segments analyzed in the report, is projected to record a 8.9% CAGR and reach US$3.5 Billion by the end of the analysis period.
  • The U.S. Market is Estimated at $1.7 Billion, While China is Forecast to Grow at 8.4% CAGR
    The Hazardous Area Equipment market in the U.S. is estimated at US$1.7 Billion in the year 2022.

Indonesia Process Instrumentation Market Report 2022-2028: Digitization of Testing and Analytical Instruments & Increasing Adoption of Industry 4.0 by Manufacturers - ResearchAndMarkets.com

Retrieved on: 
Monday, August 1, 2022

The Indonesia process instrumentation market is expected to grow from US$ 181.70 million in 2021 to US$ 266.06 million by 2028.

Key Points: 
  • The Indonesia process instrumentation market is expected to grow from US$ 181.70 million in 2021 to US$ 266.06 million by 2028.
  • Major stakeholders in the Indonesia process instrumentation market ecosystem are instruments, components, process instrumentation manufacturers, and end user.
  • PT KROHNE Indonesia, PT Yokogawa Indonesia, Supmea Indonesia, PT Parker Hannifin Indonesia, and PT Epiroc Southern Asia are the leading process instrumentation manufacturers in the Indonesia Process Instrumentation Market's ecosystem.
  • Process instrumentation manufacturers' organic and inorganic developments lead to the Indonesia process instrumentation market growth.

At 8.5% CAGR, Demand for Global Process Instrumentation Market Size & Share 2022-2028 | Projected to Surpass at USD 28093.05 Million By 2028: Industry Trends, Value, Analysis & Forecast Report by Zion Market Research

Retrieved on: 
Wednesday, May 18, 2022

Key Industry Insights & Finding of the Process Instrumentation Market Reports:

Key Points: 
  • Key Industry Insights & Finding of the Process Instrumentation Market Reports:
    As per the analysis shared by our research analyst, the Process Instrumentation Market is expected to grow annually at a CAGR of around 8.5 % (2022-2028).
  • Through the primary research, it was established that the Process Instrumentation Market was valued approximately USD 17219.5 Million in 2021 and is projected to reach to roughly USD 28093.05 Million by 2028.
  • Process Instrumentation is a collective term for sensors incorporated into measuring instruments used for indicating, measuring, and recording physical quantities.
  • Among them, the PLC segment is estimated to dominate the overall process instrumentation market, owing to the increasing deployment of various enterprise solutions.

At 8.5% CAGR, Demand for Global Process Instrumentation Market Size & Share 2022-2028 | Projected to Surpass at USD 28093.05 Million By 2028: Industry Trends, Value, Analysis & Forecast Report by Zion Market Research

Retrieved on: 
Wednesday, May 18, 2022

Key Industry Insights & Finding of the Process Instrumentation Market Reports:

Key Points: 
  • Key Industry Insights & Finding of the Process Instrumentation Market Reports:
    As per the analysis shared by our research analyst, the Process Instrumentation Market is expected to grow annually at a CAGR of around 8.5 % (2022-2028).
  • Through the primary research, it was established that the Process Instrumentation Market was valued approximately USD 17219.5 Million in 2021 and is projected to reach to roughly USD 28093.05 Million by 2028.
  • Process Instrumentation is a collective term for sensors incorporated into measuring instruments used for indicating, measuring, and recording physical quantities.
  • Among them, the PLC segment is estimated to dominate the overall process instrumentation market, owing to the increasing deployment of various enterprise solutions.

Endeavor Business Media Announces Acquisition of Putman Media

Retrieved on: 
Monday, May 2, 2022

NASHVILLE, Tenn., May 2, 2022 /PRNewswire/ -- Endeavor Business Media announces the acquisition of Putman Media, a privately held B2B company specializing in key manufacturing markets including chemicals, food and pharmaceuticals, asset reliability, industrial automation and smart, connected manufacturing.

Key Points: 
  • NASHVILLE, Tenn., May 2, 2022 /PRNewswire/ -- Endeavor Business Media announces the acquisition of Putman Media, a privately held B2B company specializing in key manufacturing markets including chemicals, food and pharmaceuticals, asset reliability, industrial automation and smart, connected manufacturing.
  • "We are pleased to welcome the Putman Media family to Endeavor Business Media and are excited to expand our reach in the manufacturing market with these highly-respected brands and the teams who work on them," said Chris Ferrell, CEO of Endeavor Business Media.
  • "The acquisition of Putman Media by Endeavor is an exciting opportunity for these market-leading brands.
  • Headquartered in Nashville, Tennessee, Endeavor Business Media was formed in 2017 to acquire and operate business media brands, events and marketing solutions.

Valued to be $8.7 Billion by 2026, Hazardous Area Equipment Slated for Robust Growth Worldwide

Retrieved on: 
Tuesday, March 22, 2022

We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies.

Key Points: 
  • We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies.
  • Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.
  • Hazardous area equipment is prominently used in industries such as chemical plants, petroleum refineries, grain handling, sewerage treatment, oil, and gas.
  • These industries have equipment that may pose potential risks and so require measures to ensure safety of the area.

By 2032, the Hazardous Area Equipment Market to be worth US$ 16139.80 Billion; Growing Attention on Boosting Safety Measures Says Future Market Insights

Retrieved on: 
Thursday, March 10, 2022

DUBAI, UAE, March 10, 2022 /PRNewswire/ -- Hazardous Area Equipment Market was valued at US$ 8.84 billion in 2021 and is expected to reach US$ 15.43 billion by 2032, growing at a CAGR of 5.2% from 2022 to 2032.

Key Points: 
  • The growing emphasis on improving safety measures in businesses, particularly process and cooling industries, is driving up demand for hazardous area equipment is predicted to develop significantly during the forecast period (2022-2032).
  • The rising emphasis on industry safety measures, as well as the increased use of LED lighting solutions for hazardous and safe environments, is driving the growth ofthe hazardous area equipmentmarket.
  • The desire for low-cost solutions is projected to present the substantial potential forhazardous area equipment marketparticipants.
  • The expanding progress of emerging countries is causing the rise of various companies that rely heavily onhazardous area equipment, which will exacerbate market worth.

By 2032, the Hazardous Area Equipment Market to be worth US$ 16139.80 Billion; Growing Attention on Boosting Safety Measures Says Future Market Insights

Retrieved on: 
Thursday, March 10, 2022

DUBAI, UAE, March 10, 2022 /PRNewswire/ -- Hazardous Area Equipment Market was valued at US$ 8.84 billion in 2021 and is expected to reach US$ 15.43 billion by 2032, growing at a CAGR of 5.2% from 2022 to 2032.

Key Points: 
  • The growing emphasis on improving safety measures in businesses, particularly process and cooling industries, is driving up demand for hazardous area equipment is predicted to develop significantly during the forecast period (2022-2032).
  • The rising emphasis on industry safety measures, as well as the increased use of LED lighting solutions for hazardous and safe environments, is driving the growth ofthe hazardous area equipmentmarket.
  • The desire for low-cost solutions is projected to present the substantial potential forhazardous area equipment marketparticipants.
  • The expanding progress of emerging countries is causing the rise of various companies that rely heavily onhazardous area equipment, which will exacerbate market worth.

Hurco Reports First Quarter Results for Fiscal 2022

Retrieved on: 
Friday, March 4, 2022

Orders in the Americas for the first quarter of fiscal 2022 decreased by 7%, compared to the corresponding period in fiscal 2021, primarily due to decreased customer demand for Milltronics and Hurco machines.

Key Points: 
  • Orders in the Americas for the first quarter of fiscal 2022 decreased by 7%, compared to the corresponding period in fiscal 2021, primarily due to decreased customer demand for Milltronics and Hurco machines.
  • European orders for the first quarter of fiscal 2022 increased by 58%, compared to the corresponding prior year period, and included an unfavorable currency impact of 7%, when translating foreign orders to U.S. dollars.
  • Gross profit for the first quarter of fiscal 2022 was $16,907,000, or 25% of sales, compared to $11,547,000, or 21% of sales, for the corresponding prior year period.
  • The effective tax rate for the first quarter of fiscal 2022 was 32%, compared to 45% in the corresponding prior year period.

Process Automation Market in Europe to grow by USD 2.43 Bn | Maximum growth opportunities expected in German market | Technavio

Retrieved on: 
Wednesday, February 23, 2022

Process Automation Market in Europe: Key drivers

Key Points: 
  • Process Automation Market in Europe: Key drivers
    The rising demand for process automation in the healthcare industry will be crucial in driving the growth of the market.
  • Many such benefits are increasing the adoption of automation technologies in healthcare technology, thereby driving the growth of the market.
  • Emerson Electric Co.:The company offers process automation products such as programmable automation controllers, motion control, and automation software.
  • Honeywell International Inc.: The company offers process automation products such as Control and Supervisory Systems, Field Instruments, and Process Instruments products.