Europe ICS Market Share

Market Share of Europe ICS Industry

The European factory industrial control system market needs to be more cohesive due to several players in the market. Players are primarily involved in product development and strategic activities such as partnerships, mergers, and acquisitions. Some of the key developments in the market are:

• September 2022 - XOne Networks, a leader in ICS and industrial IoT (IIoT) security, and Valmet announced a partnership. Together the companies plan to equip joint industrial automation customers with the protection they require for current vulnerable OT (Operational Technology) environments. The mixture of TXOne Networks’ solutions for security inspection, endpoint protection, and network defenses with the top Valmet DNA Distributed Control System (DCS), Valmet IQ Quality Control System (QCS), Machine Vision, Analyzers & Measurements, Valves, and Industrial Internet, presents various advantages: It improves the ability of industrial customers to guard better, respond, and recover from a cybersecurity incident with Valmet’s Cybersecurity Services.
• July 2022 - ABB and SKF entered into a Memorandum of Understanding (MoU) to analyze the possibilities for collaboration in the automation of manufacturing processes. The MoU was signed at ABB’s Robotics Experience Center in Västerås, Sweden. Through the partnership, ABB and SKF will recognize and assess solutions to enhance manufacturing capabilities and support clients in boosting production efficiency.

Europe Industrial Control Systems Market Leaders

1. IBM

2. Siemens AG

3. ABB

4. Honeywell International Inc.

5. Schneider Electric

*Disclaimer: Major Players sorted in no particular order