The process industry automation market is entering a new phase of growth, driven by structural megatrends and increasing adoption of advanced control technologies. The global market has expanded to over $100 billion and is projected to reach approximately $160 billion by 2030.
Process industries are facing rising operational complexity, shaped by stricter regulation, decarbonisation targets, workforce constraints and more regionalised supply chains. These dynamics are increasing the need for continuous monitoring, control and optimisation, making automation critical to maintaining performance and compliance.
Advances in AI-enabled optimisation, digital twins and distributed control systems are transforming how processes are managed. These technologies improve reliability, enable real-time decision-making and support more resilient operations, while accelerating the shift towards software-led automation platforms.
As a result, automation remains a priority area for investment. Capital is focused on solutions that enhance uptime, support compliance and deliver measurable efficiency gains, driving continued M&A activity across the sector.
In this report, L.E.K. Consulting and Harris Williams explore the key trends and investment themes shaping process industry automation.
Download the full report to find out more.
