Market Share of Process Automation Industry
The process automation market is fragmented and highly competitive and consists of several major players. Few of the major players currently dominate the market. These major players, with a prominent share in the market, are focusing on expanding their customer base across outside countries. These companies are leveraging strategic collaborative initiatives to increase their market share and increase their profitability. Key players are ABB Ltd, Dassault Systemes SE, etc. Recent developments in the market are -
- April 2020 - Power management company Eaton announced that it completed the acquisition of Power Distribution, Inc. Power distribution is a prominent supplier of mission-critical power distribution, static switching, and power monitoring equipment and services for data centers, industrial and commercial customers.
- February 2020 - Power management company Eaton announced that it completed the acquisition of Power Distribution, Inc. Power distribution is a prominent supplier of mission-critical power distribution, static switching, and power monitoring equipment and services for data centers, industrial and commercial customers.
Process Automation Market Leaders
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ABB Ltd
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Dassault Systemes SE
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Eaton Corporation
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Emerson Electric Co.
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Honeywell International Inc.
*Disclaimer: Major Players sorted in no particular order
