Automation and Instrumentation Market in the Water and Wastewater Industry in Europe 2015-2019
About Automation and Instrumentation
Automation and instrumentation solutions consist of automation solutions such as DCS, MES, PLC, SCADA, and APC, which help companies optimize their business operations by effectively controlling the production processes. The automation instruments include control valve, temperature transmitter, level transmitter, flow transmitter, and pressure transmitter, which help in improving the operational efficiency of an organization. The automation and instrumentation products are used in various discrete and process industries including oil and gas, chemical, refining, power, petrochemical, textile, automotive, and pharmaceutical industries. Effective deployment of these solutions will help reduce the downtime and optimize the overall operational cost of the organization.
TechNavio's analysts forecast the automation and instrumentation market for water and wastewater industry in Europe to grow at a CAGR of 6.29% over the period 2014-2019.
Covered in this Report
The automation and instrumentation market for water and wastewater industry in Europe can be segmented into two major segments: industrial automation consisting of PLC, DCS, SCADA, HMI, and others; and automation instrumentation consisting of control valves, flow meters, and transmitters.
TechNavio's report, Automation and Instrumentation Market for Water and Wastewater Industry in Europe, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Automation and Instrumentation Market in Water and Wastewater Industry in Europe 2015-2019
Technavio recognizes the following companies as the key players in the automation and instrumentation market in water and wastewater industry in Europe: ABB Ltd., Emerson Process Management,. General Electric (GE) Co., Schneider Electric SE and Siemens AG
Other Prominent Vendors in the market are: Honeywell International, Mitsubishi Electric, Rockwell Automation and Yokogawa Electric
Commenting on the report, an analyst from Technavio’s team said: “Seamless integration of automation technologies is one of the major trends emerging in the market. Automation manufacturers are not only aiming to provide one-stop solutions, but also focusing on providing a hassle-free and efficient means of connectivity between different automation systems.”
According to the report, increased need for energy efficiency and management solutions is one of the key drivers of the market. The increased need to achieve energy efficiency and at the same time reduce energy consumption has encouraged vendors in the water and wastewater industry in Europe to automate their workflow processes.
Further, the report states that maturity of water and wastewater industry is one of the key challenges that the market faces. Germany and France are historically high contributors to this market but will witness diminished growth because of reduced number of new installations.
ABB Ltd, Emerson Electric Co., Honeywell International Inc., Rockwell Automation Inc. Siemens AG, Yokogawa Electric Corp., Applied Material, Aspen Technologies, Dassault Systèmes, FMC Technologies, GE, Metso, Miracom, Valmet, Mitsubishi Heavy Industries, Toshiba International, Schneider Electric, Omron, SAP, Werum Software & Systems
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