Latin America Process Automation Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Includes Process Automation Market in Latin America and is Segmented by Communications Protocol (Wired, Wireless), System Type (System Hardware (Supervisory Control and Data Acquisition System (SCADA), Distributed Control System (DCS), Programmable Logic Controller (PLC), Manufacturing Execution System (MES), Valves & Actuators, Electric Motors, Human Machine Interface (HMI), Process Safety Systems, Sensors & Transmitters), Software Type (APC (Standalone & Customized Solutions) (Advanced Regulatory Control, Multivariable Model, Inferential & Sequential), Data Analytics & Reporting-based Software, Other Software & Services)), End-user Industry (Oil and Gas, Chemical and Petrochemical, Power and Utilities, Water & Wastewater, Food and Beverage, Paper & Pulp, Pharmaceutical), and Country (Mexico, Brazil, Argentina, Rest of the Latin America). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Latin America Process Automation Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Latin America Process Automation Industry Overview

The Latin American Process Automation Market is moderately fragmented, with few new entrants and few dominant players. The companies keep on innovating and entering into strategic partnerships to retain their market share. Some of the recent developments in the market are:

  • July 2021 - Rockwell Automation, Inc announced a partnership with Kezzler AS, cloud-based product digitization and traceability platform, to help manufacturers capture the journey of their products from raw material sources to point-of-sale or beyond using cloud-based supply chain solutions that focus on product traceability.
  • May 2020 - OleumTech, wireless industrial automation and IoT solutions provider announced the launch of new intelligent pressure transmitters (HGPT Smart Gauge Pressure Transmitters). These transmitters are an addition to its fast-growing H Series line of hardwired process instrumentation and claimed to deliver remarkable performance, accuracy, and reliability ideal for process industries, such as petrochemical, chemical, power, upstream oil, and gas wastewater.

Latin America Process Automation Market Leaders

  1. ABB Ltd

  2. Honeywell International Inc

  3. Emerson Electric Co.

  4. Eaton Corporation

  5. Rockwell Automation

  6. *Disclaimer: Major Players sorted in no particular order
Latin America Process Automation Market