INDUSTRIAL EQUIPMENT
Process Control and Instrumentation
World's Most Productive Companies
Instrumentation Rebounds on Automation Demand
The Process Control and Instrumentation peer group includes companies that specialize in fluid handling, motion control, filtration, and measurement technologies. Their products and systems are crucial for automating, monitoring, and optimizing industrial processes across various sectors, including energy, water, food processing, and manufacturing, with a growing emphasis on digitalization, sustainability, and precision engineering.
The Process Control and Instrumentation peer group has experienced a long-term productivity decline of 7.3% over the past two decades, making it one of only three industrial categories to have posted negative growth during that period. However, post-COVID productivity surged 47%, fueled by strong demand for automation, water treatment, and energy efficiency solutions. In the most recent year, productivity increased by another 9%, signaling a solid recovery as companies leveraged digital process controls, smart sensors, and advanced fluid management technologies to enhance operational performance.
Top 100 World's Most Productive Companies - Process Control and Instrumentation
Productivity Snapshot
Parker Hannifin is recognised as the World’s Most Productive Company within this peer group, leading through consistent execution and innovation in motion and fluid control technologies. The company’s productivity gains have been driven by its Win Strategy 3.0, emphasising operational excellence, lean manufacturing, and portfolio focus. Parker has also benefited from strategic acquisitions, such as Meggitt, which expanded its capabilities in aerospace and advanced control systems.
