Market Share of Latin America Process Automation Industry
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
ABB Ltd
Honeywell International Inc
Emerson Electric Co.
Eaton Corporation
Rockwell Automation
*Disclaimer: Major Players sorted in no particular order
