Meet Abi
Abi will answer all Process Automation related
procurement queries with relevant data points
Abi - AI powered digital procurement assistant
Discover Market Info
Get up-to-date market and supplier info on Process Automation to help you build
Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices
Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices
Manage Risk
Assess Supplier Risk based on key risk and compliance parameters
Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.
Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus
Find Suppliers
Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography
Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings
Assess Category Performance
Benchmark your category performance against peers and the market
Measure category performance on 15 key parameters across cost, risk and strategy KPIs
Source Market Indices
Get information on key factors affecting your supply
Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics
Meet Abi
Discover Market Info
Manage Risk
Find Suppliers
Assess Category Performance
Source Market Indices
Abi will answer all Process Automation related
procurement queries with relevant data points
Abi - AI powered digital procurement assistant
Get up-to-date market and supplier info on Process Automation to help you build
Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices
Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices
Assess Supplier Risk based on key risk and compliance parameters
Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.
Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus
Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography
Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings
Benchmark your category performance against peers and the market
Measure category performance on 15 key parameters across cost, risk and strategy KPIs
Get information on key factors affecting your supply
Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics
$23 Bn
$20.28 Bn
$21.28 Bn
$9 Bn
Category Intelligence on Process Automation covers the following:
Process automation involves the use of technology to automate business processes in organizations. The many advantages make it one of the IT services that are highly in-demand. The process automation market continues to boom despite the global crisis with the demand for automation services unlikely to face a downturn any time soon.
North America is expected to continue to dominate the market, in terms of growth prospects in adopting automation through to 2020, however, the APAC is growing at a competitive rate and is expected to capture the highest market share by after 2020
Increasing focus on adopting automation across all industry verticals and spending more on new technologies are expected to be major drivers for the coming few years
The global process automation market was valued at $138 billion in 2016; it was expected to grow at a CAGR of 6.6 percent to reach $136.28 billion by 2020.
After 2020, the expected CAGR can double as the need for process automation will increase across various industries and the shift towards increased automation will happen at scale.
Global/Regional Supplier
System Integrators
Engagement Trends
Negotiation Factors
The global industrial automation market is considerably fragmented due to the presence of various global and local players in the market.
In the next 3–5 years, the top drivers for the automation market will emphasize on increasing productivity through automation and by leveraging advanced technologies, such as robots and control-related technologies.
The automation industry does witness product/technology innovations and substitutions within the industry including low-cost imports but this does not affect the industry’s growth as a whole or replace the role of process automation.
The top suppliers in the market are highly competitive as approximately 58 percent of the automation industry market share is captured by the top 10 suppliers globally.
The top suppliers of the global process automation industry are Emerson, Siemens, Schneider Invensys, and ABB.
One of the emerging engagement strategies is sourcing from various regional suppliers who provide quality products.
Another one of the major emerging engagement strategies globally is to source from a single global supplier who is known to supply only quality products.
The contract period is anywhere between 1 and 3 years in the process instrumentation and automation industry.
Restraints that can slow the growth of the process automation market include the initial investment costs. Investment in the implementation is high; maintenance cost is high as well. This can increase the overall costs and operating expenses.
Complimentary 12-month access to Beroe LiVE
COVID-19: Assess impact on your suppliers and ensure business continuity with Beroe’s WIRE
(World Instant Risk Exposure)