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Automation and Instrumentation Market in Power Industry in Europe 2015-2019

Automation and Instrumentation Market in Power Industry in Europe 2015-2019

About Automation and Instrumentation

Automation is fast becoming an integral part of organizations in Europe. Many discrete manufacturing as well as process industries are adopting automated solutions to reduce their process variability and improve plant efficiency. Companies are able to optimize their business operations using automation solutions such as PLC, SCADA, and DCS, which effectively control production processes. Instruments, including flow meters, control valves, and transmitters, are used in automation processes to reduce the downtime and overall operational costs.

Technavio's analysts forecast the automation and instrumentation market in power industry in Europe to grow at a CAGR of 5.11% over the period 2015-2019.

Covered in this Report

The automation and instrumentation market in power industry in Europe can be segmented into two: industrial automation consisting of PLC, SCADA, and DCS; and automation instrumentation consisting of control valves, flow meters, and transmitters.

Technavio's report, Automation and Instrumentation Market in Power Industry in Europe, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Europe in detail; it also covers the automation and instrumentation market landscape in the power industry in Europe and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors

  • ABB
  • Emerson Process Management
  • Honeywell International
  • Schneider Electric
  • Siemens
Other Prominent Vendors
  • GE
  • Mitsubishi Electric
  • Rockwell Automation
  • Yokogawa Electric
Market Driver
  • Increase in energy requirements
  • For a full, detailed list, view our report
Market Challenge
  • Growing adoption of alternative energy sources
  • For a full, detailed list, view our report
Market Trend
  • Development of advanced automation technologies
  • For a full, detailed list, view our report
  • Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors




Press Release

Technavio Announces the Publication of its Research Report – Automation and Instrumentation Market in Power Industry in Europe 2015-2019

Technavio recognizes the following companies as the key players in the automation and instrumentation market in power industry in Europe: ABB, Emerson Process Management, Honeywell International, Schneider Electric and Siemens

Other Prominent Vendors in the market are: GE, Mitsubishi Electric, Rockwell Automation and Yokogawa Electric

Commenting on the report, an analyst from Technavio’s team said: “End-users in the power industry in Europe are increasingly looking for automation and instrumentation manufacturers that can provide complete solutions to meet their requirements. MACs are responsible for coordinating, installing, and maintaining all automation and related activities for customers. The growing popularity of the MAC concept has also encouraged automation and instrumentation manufacturers to become one-stop solution providers in the power industry. The MAC concept is proven to save 10-30% compared to the traditional multi-vendor approach. This concept provides not only a hassle-free environment to customers but also an ideal platform for automation and instrumentation manufacturers to consolidate their market share. This also enhances the trust and confidence of the customers.”

According to the report, globally, there has been a rise in energy consumption since the global economic crisis in 2009, leading to an increase in energy requirement, especially in Eastern Europe. Though thermal power plants remain the chief source of power generation in Western Europe, there are many growth opportunities for power generation using renewable sources, making way for the growth of the automation and instrumentation market both in the developed and developing economies of Europe. Technavio predicts that increased investment in smart grid technologies influencing the adoption of automation solutions will have a powerful impact throughout the forecast period.

Further, the report states that growth of the market has been curtailed by wary investment strategies of some power plants and a reluctance to switch from existing legacy systems.

Companies Mentioned

ABB, Emerson Process Management, Honeywell International, Schneider Electric, Siemens, GE, Mitsubishi Electric, Rockwell Automation, Yokogawa Electric

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Market Landscape
    • Market Overview
    • Overall Market Size and Forecast
      • Table Automation and Instrumentation Market in Power Industry in Europe 2014-2019 ($ millions)
    • Market Size and Forecast: Automation
      • Table Automation Market in Power Industry in Europe 2014-2019 ($ millions)
    • Market Size and Forecast: Instrumentation
      • Table Instrumentation Market in Power Industry in Europe 2014-2019 ($ millions)
    • Five Forces Analysis
  • Automation Market Segmentation by Product
    • Segmentation of Automation Market in Power Industry in Europe by Product 2014-2019
      • Table Automation Market in Power Industry in Europe by Product 2014-2019
      • Table Automation Market in Power Industry in Europe by Product 2014
      • Table Automation Market in Power Industry in Europe by Product 2019
    • DCS Market
      • Market Size and Forecast
        • Table DCS Market in Power Industry in Europe 2014-2019 ($ millions)
    • SCADA Market
      • Market Size and Forecast
        • Table SCADA Market in Power Industry in Europe 2014-2019 ($ millions)
    • PLC Market
      • Market Size and Forecast
        • Table PLC Market in Power Industry in Europe 2014-2019 ($ millions)
  • Segmentation of Instrumentation Market by Product
    • Segmentation of Instrumentation Market in Power Industry in Europe by Product 2014-2019
      • Table Segmentation of Instrumentation Market in Power Industry in Europe by Product 2014
      • Table Segmentation of Instrumentation Market in Power Industry in Europe by Product 2019
    • Transmitters Market
      • Market Size and Forecast
        • Table Transmitters Market in Power Industry in Europe 2014-2019 ($ million)
    • Control Valves Market
      • Market Size and Forecast
        • Table Control Valves Market in Power Industry in Europe 2014-2019 ($ millions)
    • Flow Meters Market
      • Market Size and Forecast
        • Table Flow Meters Market in Power Industry in Europe 2014-2019 ($ millions)
  • Key Leading Countries
    • Germany
    • France
    • UK
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Mergers and Acquisitions
    • Other Prominent Vendors
  • Key Vendor Analysis
    • ABB
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table ABB: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2011-2013
        • Table ABB: Business Segmentation by Revenue 2011-2013 ($ billion)
      • Geographical Segmentation by Revenue 2013
        • Table ABB: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Key Developments
      • SWOT Analysis
    • Siemens
      • Key Facts
      • Business Description
      • Business Segmentation
        • Table Siemens: Business Segmentation 2013
      • Revenue by Business Segmentation
        • Table Siemens: Revenue by Business Segmentation 2013
      • Revenue Comparison by Business Segmentation 2012 and 2013
        • Table Siemens: Revenue by Business Segmentation 2012 and 2013 ($ billion)
      • Sales by Geography
        • Table Siemens: Revenue by Geographical Segmentation 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Schneider Electric
      • Key Facts
      • Key Information
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Schneider Electric: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Schneider Electric: Business Segmentation by Revenue 2012 and 2013 ($ million)
      • Geographical Segmentation by Revenue 2013
        • Table Schneider Electric: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Emersion Process Management
      • Key Facts
      • Business Overview
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Honeywell International
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Honeywell International: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Honeywell International: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
      • Geographical Segmentation by Revenue 2013
        • Table Honeywell International: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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