Industry Forecast

The Industry Market Forecast is one of the most anticipated reports of the year. Global Automation Research, a professional firm that specializes in business consulting and research for the instrumentation and automation industry, prepares the report exclusively for MCAA members. The forecast provides a 5-year projection and examines in-depth, 12 product categories and 12 industry segments. The 2019 report also includes:

  • A deep-dive profile on a specific industry (2019 publication reviews the U.S Municipal Water & Wastewater)
  • Global PI&A Market Highlights
  • PI&A Regional Market Potential (ReMaP™) for the US and Canada showing the total market values among selected regions within the countries.

Next Publication: August 2020

Report will include a deep dive into the refining industry as well as THREE new product categories including:

  • Flame & Gas Systems
  • Safety Instrumented Systems
  • Switches & Gauges

Report Industry Segments:

  • Oil & Gas (production and transmission)
  • Petroleum refining
  • Chemicals
  • Bio-pharmaceutical
  • Food & Beverage
  • Pulp & Paper
  • Electric Utilities
  • Municipal Water & Wastewater
  • Primary Metals
  • Stone, clay & glass
  • All Other (semiconductor, textiles, etc.)

Report Product Categories:

  • Gas Analytical Instruments
  • Mechanical Level/Tank Gauging
  • Liquid Analytical Instruments
  • Temperature Instruments
  • Pressure Instruments
  • Control Systems
  • Electronic Flowmeters
  • Remote I/O
  • Mechanical Flowmeters/Primary Elements
  • Data Acquisition Systems
  • Electronic Level and Final Control Devices

The report is available to non-members for $4,000, however, membership provides access to this resource and much more. Contact Us to learn more about our resource options and reasonable membership dues that cover your entire team.


The ITR Advisor is prepared by our trusted partners at ITR Economics. Published quarterly, The Advisor provides an unbiased view of current events in a clear and concise report. Readers receive up-to-date information on the most reliable U.S. Leading Indicators.  Each publication includes:

  • Current Event Articles
  • U.S. Market Specific Updates
  • U.S. State Opportunity Index
  • Snap Shot of U.S. Macroeconomic Indicators
  • Federal Reserve Overview
  • Q&A Section to Address Readers Questions

Economic Update

ITR Economics prepares this semi-annual report exclusively for MCAA members. The report reviews the business cycles and economic trends for several industries. The report tracks production information from ITR’s database and government statistics and also includes an index created by MCAA based on consistent reporters in several reports. Additional insight is provided with appropriate Leading Indicator Indices.

Industries covered in each report include: Chemical | Food | Petroleum | Pharmaceutical | Paper | Machinery | Textiles | Oil & Gas | Transportation | Utilities

Publication Schedule: March & August


Market Trend Reports

These reports written by ITR Economics provide monthly insight into various market segments and offer a glimpse into changes in the economic horizon.

Reports Include:

  • Trend graphs
  • Rate of change graphs
  • Market Analysis
  • 3 year forecast for the market reported
  • Management objectives which include action items for MCAA members to consider

Reports published by the 25th of every month

The Morgan Stanley Global Investment Committee writes the weekly newsletter.  The committee is comprised of a group of seasoned investment professionals who meet regularly to discuss the global economy and markets. The committee determines the investment outlook that guides our advice to clients. They continually monitor developing economic and market conditions, review tactical outlooks and recommend asset allocation weightings, as well as produce a suite of strategy, research, analysis, commentary, and other reports and broadcasts.


Members Say It Best

‘Each year we get a market forecast for the sales of process instrumentation and the projections for what is expected to come in the future . We use that for our planning and our expectation of future business goals.’

Dave Wolfe

President & COO

‘Cross Company is very pleased to be a member of MCAA. Excellent staff, great networking opportunities, and highly relevant benchmarking data for our industry.’

Jason Hicks


‘Through MCAA’s partnership with ITR Economics, we receive projections on the US economy throughout the year.’

Steve Newcomer

Strategic Channel Manager

Confidently Lead Your Company into the Future

MCAA provides industrial manufacturers and distributors the best community and resources for business effectiveness and growth through unsurpassed market and business insights, unique networking opportunities, and unbiased, affordable market data.