Market Size of Europe Factory Automation and Industrial Controls Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 8.90 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe Factory Automation & Industrial Controls Market Analysis
The Europe factory automation and industrial controls market is expected to register a CAGR of 8.9% during the forecast period (2021 - 2026). Smart factory initiatives have helped manufacturers to overcome COVID-19 challenges and address issues such as workforce reductions, drops in sales for some specific products, social distancing, and extreme pressure to cut operational costs since most enterprises operating in the end-user industries (majorly manufacturing, automotive) had shuttered down their production sites due to lockdown restrictions.
- With a rapid increase in competition and evolving end-user requirements, manufacturing units in the region are being forced to adopt newer technological innovations and digital transformation solutions to make their business process as efficient as possible. For instance, field devices, like motors and sensors, among others, offer opportunities to the auto industry to react faster to market requirements, reduce manufacturing downtimes, and enhance the efficiency of supply chains, and expand productivity.
- The region is also adopting industrial automation in various industries, with major firms launching industrial automation products in the market. For instance, Schneider Electric, a player in the digital transformation of energy management and automation, announced the ClimaSys smart ventilation system, which is an intelligent solution for filtering and managing the airflow for multiple control panels or electrical distribution cabinets in new or renovated applications.
- According to OECD, Germany spends 2.88% of its GDP into manufacturing innovation, well ahead of the OECD average of 2.4%. The German automotive industry has extended its worldwide position in automotive production, significantly, over the past few years. Moreover, sustainability in the manufacturing sector is expected to be a major driver for the market studied.
- Furthermore, various measures are being taken to boost power transmission capacity, such as smart grid, in the energy landscape The measures by the four national grid operators, to boost power transmission capacity, add up to a cost of EUR 50 billion. This is likely to escalate the usage of industrial control systems during the forecast period.
- The Russian government is showing interest in import substitution of food production. The ban on imports of food could lead to the development and expansion of the country's food industry, further demanding investment in modern technology for processing and packaging. Also, the government is focused on creating its pharmaceutical industry by planning 'Pharma 2020 Strategy'. Its goal is to reduce the reliance on the Russian economy on imported pharmaceuticals, which is expected to drive investments in the market.
Europe Factory Automation & Industrial Controls Industry Segmentation
The syndicated study on factory automation and industrial controls (or industrial automation) includes both process and discrete automation. The scope is comprehensive and is limited to Europe.
| By Product | ||||||||||
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| By End-user Industry | |
| Automotive | |
| Chemical and Petrochemical | |
| Utility | |
| Pharmaceutical | |
| Food and Beverage | |
| Oil and Gas | |
| Other End-user Industries |
| Country | |
| United Kingdom | |
| Germany | |
| France | |
| Spain | |
| Rest of Europe |
Europe Factory Automation and Industrial Controls Market Size Summary
The factory automation and control market in Europe is experiencing significant growth, driven by the need for manufacturers to enhance efficiency and reduce operational costs. The adoption of smart factory initiatives has been pivotal in helping businesses navigate challenges posed by the COVID-19 pandemic, such as workforce reductions and supply chain disruptions. As competition intensifies and end-user requirements evolve, manufacturers are increasingly integrating advanced technological innovations and digital transformation solutions. This shift is particularly evident in the automotive sector, where automation and industrial control systems are being leveraged to improve productivity and respond swiftly to market demands. The region's focus on sustainability and the development of smart grids further underscores the growing importance of industrial automation across various industries.
Germany stands out as a key player in the European factory automation and control market, both as a major consumer and manufacturer of automation equipment. The country's robust investment in manufacturing innovation and its strong automotive industry position it as a leader in automation solutions. The presence of major automation and control equipment manufacturers, such as Siemens and Schneider Electric, contributes to significant research and development activities, fostering market growth. Additionally, the development of a comprehensive 5G ecosystem in Germany is expected to accelerate industry digitization, enhancing the country's competitive edge. The European market is characterized by intense competition, with companies engaging in strategic partnerships, mergers, and acquisitions to strengthen their market position and expand their product offerings.
Europe Factory Automation and Industrial Controls Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Attractiveness - Porter's Five Forces Analysis
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1.2.1 Bargaining Power of Suppliers
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1.2.2 Bargaining Power of Consumers
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1.2.3 Threat of New Entrants
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1.2.4 Threat of Substitutes
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1.2.5 Intensity of Competitive Rivalry
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1.3 Industry Value Chain Analysis
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1.4 An Assessment of Impact of COVID-19 on the Industry
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2. MARKET SEGMENTATION
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2.1 By Product
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2.1.1 Industrial Control Systems
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2.1.1.1 Distributed Control System (DCS)
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2.1.1.2 Programmable Logic Controller (PLC )
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2.1.1.3 Supervisory Control and Data Acquisition (SCADA)
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2.1.1.4 Product Lifecycle Management (PLM)
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2.1.1.5 Human Machine Interface (HMI)
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2.1.1.6 Manufacturing Execution System (MES)
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2.1.1.7 Enterprise Resource Planning (ERP)
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2.1.1.8 Other Industrial Control Systems
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2.1.2 Field Devices
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2.1.2.1 Machine Vision Systems
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2.1.2.2 Robotics (Industrial)
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2.1.2.3 Sensors and Transmitters
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2.1.2.4 Motors and Drives
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2.1.2.5 Other Field Devices
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2.2 By End-user Industry
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2.2.1 Automotive
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2.2.2 Chemical and Petrochemical
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2.2.3 Utility
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2.2.4 Pharmaceutical
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2.2.5 Food and Beverage
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2.2.6 Oil and Gas
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2.2.7 Other End-user Industries
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2.3 Country
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2.3.1 United Kingdom
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2.3.2 Germany
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2.3.3 France
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2.3.4 Spain
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2.3.5 Rest of Europe
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Europe Factory Automation and Industrial Controls Market Size FAQs
What is the current Europe Factory Automation and Industrial Controls Market size?
The Europe Factory Automation and Industrial Controls Market is projected to register a CAGR of 8.90% during the forecast period (2024-2029)
Who are the key players in Europe Factory Automation and Industrial Controls Market?
ABB Limited , Siemens AG , Schneider Electric SE , Rockwell Automation Inc. and Honeywell International Inc. are the major companies operating in the Europe Factory Automation and Industrial Controls Market.
