Europe Process Automation Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.18 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe Process Automation Market Analysis
The European process automation market is expected to witness a CAGR of 6.18% over the forecast period 2021 - 2026. Since COVID-19 in early 2020 had put the brakes on economic growth, it acts as a catalyst for the medium- to long-term development of industrial autonomy. The survey was conducted between June and July 2020 with over 500 decision-makers from the process industries. Moreover, 33% of respondents highlighted a slight increase in investment toward autonomous operations in 3 years as a direct impact by COVID-19.
- The IoT demand trend is expected to shift toward industrial space from consumer demand over the near future, primarily driven by various Industry 4.0 applications. Countries like the United Kingdom are on the verge of the industrial revolution, as data is being used on a large scale for production while integrating it with various manufacturing systems throughout the supply chain.
- European nations have been at the forefront of adopting industrial automation solutions and have been under the government's constant support. For instance, the UK government revealed the Industrial Strategy primarily outlined a plan to invest GBP 2 billion per year by 2020 for new research and development in the technology sector. Smart manufacturing and the Industrial Internet of Things (IIot) will be built upon the work that automation has already forged over these years. Focusing on the possibilities that the automation solutions will enable will present the opportunity for multiple industries to push the boundaries of technological innovation, which is crucial for the UK economy in a post-Brexit phase. Automation solutions are expected to revolutionize the process industries.
- Furthermore, process industries, such as chemical and petrochemical, paper and pulp, water and wastewater treatment, energy and utilities, oil and gas, pharmaceutical, food, and beverages, are expected to fuel growth.
- Industrial system architects, integrators, and machine builders have leveraged connected computing advances to aid manufacturing facilities function more efficiently. The rising need for real-time intelligence, better control of operations, scheduling, and increasing market penetration of big data analytics in the manufacturing industry is expected to generate demand for advanced process automation in the near future. Big data analytics has been used to refine complicated processes and manage supply chains.
- Moreover, big data analytics allows an enterprise to use factory automation to shift from reactionary practices to predictive ones. This change targets to improve the efficiency of the process and performance of the product.
Europe Process Automation Market Trends
This section covers the major market trends shaping the Europe Process Automation Market according to our research experts:
Pharmaceutical Industry is Expected to Hold Significant Market Share
- Automation is embedded in primary aspects such as Active Pharma Ingredients (API) and other secondary aspects, including packaging and distribution. Digital transformation provides new operational efficiency, quality, process automation, and employee productivity to pharmaceutical companies in the region.
- Furthermore, Lonza selected Rockwell Automation to implement the Lonza strategic vision of bringing the digital factory to nine former Capsugel facilities that manufacture drug capsules. The company has selected Rockwell Automation’s PharmaSuite MES software to digitize the operations in its manufacturing operations. This solution would help avoid disruptions during high volume periods of just-in-time orders for on-demand production.
- Additionally, Lonza would use PharmaSuite MES software and FactoryTalk InnovationSuite software to better trace products down to the individual capsule carton and gain insights into performance and production. Segregation of SAP and PharmaSuite MES helped avoid the disruption of a global enterprise resource planning ERP shutdown or required maintenance by enforcing workflows and collecting necessary information.
- Moreover, the post-COVID-19 workforce and organization would also likely adopt new, more efficient ways of working. New capabilities would also be needed within operations functions as the workforce shifts from manual skills to more technical skills. As the adoption of automation increases, pharmaceutical-operations organizations might have a greater need for talent that can program, operate, and interpret data from these new technologies. This would require significant up-skilling and capability-building efforts alongside ongoing strategic planning.
- Over the past three months, many pharma companies in Europe have mobilized their employees to remote working conditions. In such a scenario, automation helps them continue the essential processes unobstructed. Automation in drug discovery enhances the reliability of the entire process by minimizing manual errors, augments the throughput, and improves the ability to reproduce.
United Kingdom Accounts for the Largest Market Share
- The food and beverage industry maintains some of the highest hygiene standards in the country while delivering high-volume production systems. In addition, competitive forces demand that a business is efficient, both in terms of the raw materials consumed and the cost of manufacturing. Delivering these objectives is a crucial part of remaining in the industry. Seasonality of demand and labor forces have also prompted the industry to adopt increased automation, thus assisting the market's growth.
- Automation in the food industry increases competitiveness by eliminating errors and waste, enhancing efficiency and productivity, and expanding profit margins. Cost savings can be diverted to R&D and other business improvements.
- Moreover, with investment roll-outs by the government to revive the pandemic hit United Kingdom economy, infrastructure, and the electronics industry are marked as the primary beneficiaries alongside the growth of small and medium-sized enterprises. The infrastructure and electronics industry are heavy users of the industrial control systems' hardware products and software solutions and are expected to have a direct positive effect.
- Additionally, technologies and terminologies such as process discovery, process optimization, process intelligence, and process orchestration are becoming a more significant part of Robotic Process Automation (RPA). There is an ongoing trend of increasing a closer relationship between business process management (BPM) and RPA in the future.
- Further, different industrial automation systems, such as SCADA, PLCs, and MES on a single physical server, can be easily accessed at a different location on the plant floor using virtual machines. It has been adopted in the country to reduce the overall cost for servers and increase the flexibility in adopting industrial automation systems and software in the process and discrete industries.
Europe Process Automation Industry Overview
The European Process Automation Market is moderately fragmented, with few new entrants and few dominant players. The companies keep on innovating and entering into strategic partnerships to retain their market share. Some of the recent developments in the market are:
- August 2020 - Schneider Electric completes transaction to combine its Low Voltage and Industrial Automation Product business with Larsen & Toubro's Electrical & Automation business.
- May 2020 - OleumTech, wireless industrial automation and IoT solutions provider announced the launch of new intelligent pressure transmitters (HGPT Smart Gauge Pressure Transmitters). These transmitters are an addition to its fast-growing H Series line of hardwired process instrumentation and claimed to deliver remarkable performance, accuracy, and reliability ideal for process industries, such as petrochemical, chemical, power, upstream oil and gas, and wastewater.
Europe Process Automation Market Leaders
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ABB Limited
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Siemens AG
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Schneider Electric SE
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General Electric Co.
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Mitsubishi Electric Corporation
*Disclaimer: Major Players sorted in no particular order
Europe Process Automation Market News
- April 2021 - Siemens launched a new servo motor. The Simotics S-1FS2 comes with a stainless-steel casing, IP67/IP69 protection, and high-resolution 22-bit absolute multiturn encoders catering to the pharmaceutical and food industries.
- July 2020 - ABB introduced Ability Genix, a scalable advanced analytics platform with ready-to-use, pre-built apps and services. It gathers, contextualizes, and transforms operational, engineering, and IT data into actionable insights.
Europe Process Automation Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHADOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain Analysis
4.4 Market Drivers (Growing emphasis on energy efficiency & cost reduction| Demand for Safety Automation Systems| Emergence of IIoT)
4.5 Market Challenges (Cost & Implementation Challenges)
4.6 Industry Standards & Regulations
4.7 Analysis of the major Industrial Automation hubs in the United Kingdom, Germany, and France - To be identified based on the investor activity & expansion activities undertaken over the last 3 years
5. ASSESSMENT OF THE IMPACT OF COVID-19 ON THE PROCESS AUTOMATION INDUSTRY IN EUROPE
5.1 Analysis of the key themes identified based on the near & medium-term effects of the pandemic - V-shaped recovery, Mid-range recovery & Slump recovery
5.2 United Kingdom Process Automation Market - Base variable analysis based on end-user performance
5.3 Germany Process Automation Market - Base variable analysis based on end-user performance
5.4 France Process Automation Market - Base variable analysis based on end-user performance
5.5 Impact of Supply-related challenges & the role of market regulations in spurring activity
6. MARKET SEGMENTATION
6.1 By Communication Protocol
6.1.1 Wired
6.1.2 Wireless
6.2 By System Type
6.2.1 By System Hardware
6.2.1.1 Supervisory Control and Data Acquisition System (SCADA)
6.2.1.2 Distributed Control System (DCS)
6.2.1.3 Programmable Logic Controller (PLC)
6.2.1.4 Manufacturing Execution System (MES)
6.2.1.5 Valves & Actuators
6.2.1.6 Electric Motors
6.2.1.7 Human Machine Interface (HMI)
6.2.1.8 Process Safety Systems
6.2.1.9 Sensors & Transmitters
6.2.2 By Software Type
6.2.2.1 APC (Standalone & Customized Solutions)
6.2.2.1.1 Advanced Regulatory Control
6.2.2.1.2 Multivariable Model
6.2.2.1.3 Inferential & Sequential
6.2.2.2 Data Analytics & Reporting-based Software
6.2.2.3 Other Software & Services
6.3 By End-user Industry
6.3.1 Oil and Gas
6.3.2 Chemical and Petrochemical
6.3.3 Power and Utilities
6.3.4 Water & Wastewater
6.3.5 Food and Beverage
6.3.6 Paper & Pulp
6.3.7 Pharmaceutical
6.3.8 Other End-user Industries
6.4 By Country
6.4.1 United Kingdom
6.4.2 Germany
6.4.3 France
6.4.4 Rest of Europe
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 ABB Ltd
7.1.2 Siemens AG
7.1.3 Schneider Electric
7.1.4 General Electric Co.
7.1.5 Mitsubishi Electric
7.1.6 Rockwell Automation
7.1.7 Emerson Electric Co.
7.1.8 Honeywell International Inc.
7.1.9 Fuji Electric
7.1.10 Eaton Corporation
7.1.11 Delta Electronics Limited
7.1.12 Yokogawa Electric
- *List Not Exhaustive
8. ANALYSIS OF MAJOR INNOVATORS & CHALLENGERS IN THE PROCESS AUTOMATION INDUSTRY
9. INVESTMENT ANALYSIS & MARKET OUTLOOK
Europe Process Automation Industry Segmentation
The study characterizes the process automation market based on the system type, end-user industry, and country. The study describes the process automation market based on the technology type, a communication protocol that includes wired and wireless protocol, System type, end-user industry, and country. Further, the study comprises Software & Services and the impact of COVID-19 on the market.
| By Communication Protocol | |
| Wired | |
| Wireless |
| By System Type | |||||||||||
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| By End-user Industry | |
| Oil and Gas | |
| Chemical and Petrochemical | |
| Power and Utilities | |
| Water & Wastewater | |
| Food and Beverage | |
| Paper & Pulp | |
| Pharmaceutical | |
| Other End-user Industries |
| By Country | |
| United Kingdom | |
| Germany | |
| France | |
| Rest of Europe |
Europe Process Automation Market Research FAQs
What is the current Europe Process Automation Market size?
The Europe Process Automation Market is projected to register a CAGR of 6.18% during the forecast period (2024-2029)
Who are the key players in Europe Process Automation Market?
ABB Limited, Siemens AG, Schneider Electric SE, General Electric Co. and Mitsubishi Electric Corporation are the major companies operating in the Europe Process Automation Market.
What years does this Europe Process Automation Market cover?
The report covers the Europe Process Automation Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Process Automation Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Process Automation Industry Report
Statistics for the 2024 Europe Process Automation market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Process Automation analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Europe Process Automation Market Report Snapshots
