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Process control and instrumentation trends and spending forecasts

08.01.2010  |  Kane, Les,  HP, Houston, Texas

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According to the 2010 HPI Market Data Book, worldwide hydrocarbon processing industry (HPI) spending for process control systems and instrumentation is forecast to be nearly $10 billion in 2010. This is about 20% of all HPI equipment spending and is the largest equipment spending category. Table 1 shows the percentage of expenditures for various instrumentation categories.

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