Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Process Indicator Market by Type (Panel-Mount, Wall-Mount), By Application (Machine Tool, Strain Gauge, Pump, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Process Indicator Market by Type (Panel-Mount, Wall-Mount), By Application (Machine Tool, Strain Gauge, Pump, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 156859 3300 Machinery & Equipment 377 249 Pages 4.8 (35)

Market Overview:

The global process indicator market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for industrial automation and rising awareness about safety and security in industrial facilities. Based on type, the global process indicator market is segmented into panel-mount and wall-mount indicators. Panel-mount indicators are more popular than wall-mount indicators, as they are easier to install and provide better visibility of the process parameters. Based on application, the global process indicator market is segmented into machine tool, strain gauge, pump, and other applications. The machine tool application dominates this market owing to its widespread use in various industries such as automotive, aerospace & defense, metal fabrication etc., where precision machining is required for manufacturing products with tight tolerances.

Global Process Indicator Industry Outlook

Product Definition:

A process indicator is a quantitative measure of the degree to which a manufacturing or business process is operating under its design specifications. Process indicators are used to troubleshoot and improve processes.


The global panel-mount market size was valued at USD 1.6 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to the increasing demand for process indicators from various end-use industries such as oil & gas, power generation, water & wastewater treatment, food processing and packaging among others.


Wall-Mount is a device that is fixed on the wall and it displays process indicator which can be used to monitor the flow of liquid in industries. It’s primary function is to prevent accidents caused by spillage or leakage. These indicators are available in different forms such as colored liquids, moving parts, and bubbles etc., depending upon the industry requirement.

These indicators help industries to identify problems early so that they can be rectified before they cause any major damage.

Application Insights:

The machine tool application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for high precision machining operations across various industries, such as aerospace & defense, automotive and industrial machinery.

Pumps are used in numerous applications including oil & gas, chemical processing plants among others. They are also used as indicators of system health during power outages or other failures that may interrupt normal plant operations.

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for process indicators from various end-use industries such as metalworking, oil & gas, food processing, pharmaceuticals and chemical. China is one of the largest manufacturing hubs across this region owing to low labor costs coupled with easy availability of land. These factors are expected to boost product demand in China over the forecast period.

Europe accounted for a significant share in terms of volume as well as revenue in 2017 owing to high R&D investments by manufacturers operating within this region coupled with technological advancements made by them based on international standards and guidelines pertaining industrial automation technology.

Growth Factors:

  • Increasing demand from the automotive and aerospace industries for process indicators with higher accuracy and precision
  • Growing popularity of online process monitoring and control systems that require real-time data acquisition from process indicators
  • Proliferation of smart factories, which need advanced process control systems to optimize production processes
  • Rising demand for industrial IoT applications that require reliable communication between sensors and controllers
  • Emergence of new technologies such as machine learning and big data analytics that can improve the accuracy of process indicator readings

Scope Of The Report

Report Attributes

Report Details

Report Title

Process Indicator Market Research Report

By Type

Panel-Mount, Wall-Mount

By Application

Machine Tool, Strain Gauge, Pump, Other

By Companies

Siko, Omega, Ascon Tecnologic, Simex, Motrona, Magtrol, Waycon, Burster, Kubler, BD Sensors, SENECA, Selec, Kutai, Akytec

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Process Indicator Market Report Segments:

The global Process Indicator market is segmented on the basis of:


Panel-Mount, Wall-Mount

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Machine Tool, Strain Gauge, Pump, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Siko
  2. Omega
  3. Ascon Tecnologic
  4. Simex
  5. Motrona
  6. Magtrol
  7. Waycon
  8. Burster
  9. Kubler
  10. BD Sensors
  11. SENECA
  12. Selec
  13. Kutai
  14. Akytec

Global Process Indicator Market Overview

Highlights of The Process Indicator Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Panel-Mount
    2. Wall-Mount
  1. By Application:

    1. Machine Tool
    2. Strain Gauge
    3. Pump
    4. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Process Indicator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Process Indicator Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Process indicator is a software tool that helps managers and employees track the progress of specific tasks or projects. It can also help identify potential problems and suggest solutions.

Some of the major companies in the process indicator market are Siko, Omega, Ascon Tecnologic, Simex, Motrona, Magtrol, Waycon, Burster, Kubler, BD Sensors, SENECA, Selec, Kutai, Akytec.

The process indicator market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Process Indicator Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Process Indicator Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Process Indicator Market - Supply Chain
   4.5. Global Process Indicator Market Forecast
      4.5.1. Process Indicator Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Process Indicator Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Process Indicator Market Absolute $ Opportunity

5. Global Process Indicator Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Process Indicator Market Size and Volume Forecast by Type
      5.3.1. Panel-Mount
      5.3.2. Wall-Mount
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Process Indicator Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Process Indicator Market Size and Volume Forecast by Application
      6.3.1. Machine Tool
      6.3.2. Strain Gauge
      6.3.3. Pump
      6.3.4. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Process Indicator Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Process Indicator Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Process Indicator Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Process Indicator Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Process Indicator Demand Share Forecast, 2019-2026

9. North America Process Indicator Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Process Indicator Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Process Indicator Market Size and Volume Forecast by Application
      9.4.1. Machine Tool
      9.4.2. Strain Gauge
      9.4.3. Pump
      9.4.4. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Process Indicator Market Size and Volume Forecast by Type
      9.7.1. Panel-Mount
      9.7.2. Wall-Mount
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Process Indicator Demand Share Forecast, 2019-2026

10. Latin America Process Indicator Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Process Indicator Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Process Indicator Market Size and Volume Forecast by Application
      10.4.1. Machine Tool
      10.4.2. Strain Gauge
      10.4.3. Pump
      10.4.4. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Process Indicator Market Size and Volume Forecast by Type
      10.7.1. Panel-Mount
      10.7.2. Wall-Mount
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Process Indicator Demand Share Forecast, 2019-2026

11. Europe Process Indicator Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Process Indicator Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Process Indicator Market Size and Volume Forecast by Application
      11.4.1. Machine Tool
      11.4.2. Strain Gauge
      11.4.3. Pump
      11.4.4. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Process Indicator Market Size and Volume Forecast by Type
      11.7.1. Panel-Mount
      11.7.2. Wall-Mount
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Tye
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Process Indicator Demand Share, 2019-2026

12. Asia Pacific Process Indicator Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Process Indicator Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Process Indicator Market Size and Volume Forecast by Application
      12.4.1. Machine Tool
      12.4.2. Strain Gauge
      12.4.3. Pump
      12.4.4. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Process Indicator Market Size and Volume Forecast by Type
      12.7.1. Panel-Mount
      12.7.2. Wall-Mount
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Process Indicator Demand Share, 2019-2026

13. Middle East & Africa Process Indicator Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Process Indicator Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Process Indicator Market Size and Volume Forecast by Application
      13.4.1. Machine Tool
      13.4.2. Strain Gauge
      13.4.3. Pump
      13.4.4. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Process Indicator Market Size and Volume Forecast by Type
      13.7.1. Panel-Mount
      13.7.2. Wall-Mount
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Process Indicator Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Process Indicator Market: Market Share Analysis
   14.2. Process Indicator Distributors and Customers
   14.3. Process Indicator Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Siko Overview Financials Developments Strategic Outlook
      14.4.2. Omega Overview Financials Developments Strategic Outlook
      14.4.3. Ascon Tecnologic Overview Financials Developments Strategic Outlook
      14.4.4. Simex Overview Financials Developments Strategic Outlook
      14.4.5. Motrona Overview Financials Developments Strategic Outlook
      14.4.6. Magtrol Overview Financials Developments Strategic Outlook
      14.4.7. Waycon Overview Financials Developments Strategic Outlook
      14.4.8. Burster Overview Financials Developments Strategic Outlook
      14.4.9. Kubler Overview Financials Developments Strategic Outlook
      14.4.10. BD Sensors Overview Financials Developments Strategic Outlook
      14.4.11. SENECA Overview Financials Developments Strategic Outlook
      14.4.12. Selec Overview Financials Developments Strategic Outlook
      14.4.13. Kutai Overview Financials Developments Strategic Outlook
      14.4.14. Akytec Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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