Published Date: 12-Aug-2020
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According to a new report LAMEA Process Automation & Instrumentation Market, published by KBV research, the LAMEA Process Automation & Instrumentation Market would witness market growth of 4.6% CAGR during the forecast period (2020-2026).
The Brazil market dominated the LAMEA Oil & Gas Process Automation & Instrumentation Market by Country 2019thereby, achieving a market value of $369.3 million by 2026. The Argentina market would witness a CAGR of 4.7% during (2020 - 2026). Additionally, The UAE market is experiencing a CAGR of 3.8% during (2020 - 2026).
The Field Instrument market dominated the Saudi Arabia Process Automation & Instrumentation Market by Instrument 2019, growing at a CAGR of 4.7 % during the forecast period. The Analytical Instrument market is expected to witness a CAGR of 5.4% during (2020 - 2026).
The Distributed & Advanced Control System market dominated the South Africa Process Automation & Instrumentation Market by Solution 2019. The PLC & SCADA market is exhibiting a CAGR of 4.9% during (2020 - 2026). Additionally, The Functional Safety market is anticipated to witness CAGR of 6% during (2020 - 2026).
Structural Insights: https://www.kbvresearch.com/lamea-process-automation-instrumentation-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of ABB Group, Siemens AG, Emerson Electric Co., Schneider Electric SE, Honeywell International, Inc., General Electric (GE) Co., Mitsubishi Electric Corporation, Rockwell Automation, Inc., Yokogawa Electric Corporation, and HollySys Automation Technologies Ltd.
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