Market Share of Europe Process Automation Industry
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
