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Process Automation Market in Europe 2024-2028

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    Report

  • 142 Pages
  • December 2024
  • Region: Europe
  • TechNavio
  • ID: 5550407
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The process automation market in europe is forecasted to grow by USD 2.70 billion during 2023-2028, accelerating at a CAGR of 6.6% during the forecast period. The report on the process automation market in europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand in healthcare sector, shift toward lean manufacturing, and need for efficient use of resources and reduction of emissions.

The process automation market in europe is segmented as below:

By Type

  • Discrete automation
  • Process automation

By Geographical Landscape

  • Europe
This study identifies the virtualization of automation systems as one of the prime reasons driving the process automation market in europe growth during the next few years. Also, digitizing business processes and shift from on-premises to cloud-based systems will lead to sizable demand in the market.

The report on the process automation market in europe covers the following areas:

  • Process Automation Market in Europe sizing
  • Process Automation Market in Europe forecast
  • Process Automation Market in Europe industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading process automation market in europe vendors that include ABB Ltd., AMETEK Inc., Azbil Corp., Delta Electronics Inc., Eaton Corp plc, Emerson Electric Co., Endress Hauser Group Services AG, Fuji Electric Co. Ltd., General Electric Co., Hitachi Ltd., Honeywell International Inc., Mitsubishi Electric Corp., OMRON Corp., Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Xylem Inc., and Yokogawa Electric Corp. Also, the process automation market in europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value Chain Analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2023
4.4 Market outlook: Forecast for 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Chart on Europe: Year-over-year growth 2023-2028 (%)
Data Table on Regional - Market size and forecast 2023-2028 ($ million)
5 Historic Market Size
5.1 Process Automation Market in Europe 2018 - 2022
Historic Market Size - Data Table on Process Automation Market in Europe 2018 - 2022 ($ million)
5.2 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ million)
5.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
6 Qualitative Analysis
6.1 Impact of AI on the Process Automation Market in Europe
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
7.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Type
8.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
8.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
8.3 Discrete automation - Market size and forecast 2023-2028
Chart on Discrete automation - Market size and forecast 2023-2028 ($ million)
Data Table on Discrete automation - Market size and forecast 2023-2028 ($ million)
Chart on Discrete automation - Year-over-year growth 2023-2028 (%)
Data Table on Discrete automation - Year-over-year growth 2023-2028 (%)
8.4 Process automation - Market size and forecast 2023-2028
Chart on Process automation - Market size and forecast 2023-2028 ($ million)
Data Table on Process automation - Market size and forecast 2023-2028 ($ million)
Chart on Process automation - Year-over-year growth 2023-2028 (%)
Data Table on Process automation - Year-over-year growth 2023-2028 (%)
8.5 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
9 Customer Landscape
9.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
10 Geographic Landscape
10.1 Geographic segmentation
Chart on Market share By Geographical Landscape - 2023-2028 (%)
Data Table on Market share By Geographical Landscape - 2023-2028 (%)
10.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
10.3 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ million)
Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
10.4 UK - Market size and forecast 2023-2028
Chart on UK - Market size and forecast 2023-2028 ($ million)
Data Table on UK - Market size and forecast 2023-2028 ($ million)
Chart on UK - Year-over-year growth 2023-2028 (%)
Data Table on UK - Year-over-year growth 2023-2028 (%)
10.5 France - Market size and forecast 2023-2028
Chart on France - Market size and forecast 2023-2028 ($ million)
Data Table on France - Market size and forecast 2023-2028 ($ million)
Chart on France - Year-over-year growth 2023-2028 (%)
Data Table on France - Year-over-year growth 2023-2028 (%)
10.6 Rest of Europe - Market size and forecast 2023-2028
Chart on Rest of Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Rest of Europe - Market size and forecast 2023-2028 ($ million)
Chart on Rest of Europe - Year-over-year growth 2023-2028 (%)
Data Table on Rest of Europe - Year-over-year growth 2023-2028 (%)
10.7 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Table on Market opportunity By Geographical Landscape ($ million)
11 Drivers, Challenges, and Opportunity/Restraints
11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
11.4 Market opportunities/restraints
12 Competitive Landscape
12.1 Overview
12.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
12.3 Landscape disruption
Overview on factors of disruption
12.4 Industry risks
Impact of key risks on business
13 Competitive Analysis
13.1 Companies profiled
Companies covered
13.2 Company ranking index
Company ranking index
13.3 Market positioning of companies
Matrix on companies position and classification
13.4 ABB Ltd.
ABB Ltd. - Overview
ABB Ltd. - Business segments
ABB Ltd. - Key news
ABB Ltd. - Key offerings
ABB Ltd. - Segment focus
SWOT
13.5 Eaton Corp plc
Eaton Corp plc - Overview
Eaton Corp plc - Business segments
Eaton Corp plc - Key news
Eaton Corp plc - Key offerings
Eaton Corp plc - Segment focus
SWOT
13.6 Emerson Electric Co.
Emerson Electric Co. - Overview
Emerson Electric Co. - Business segments
Emerson Electric Co. - Key news
Emerson Electric Co. - Key offerings
Emerson Electric Co. - Segment focus
SWOT
13.7 General Electric Co.
General Electric Co. - Overview
General Electric Co. - Business segments
General Electric Co. - Key news
General Electric Co. - Key offerings
General Electric Co. - Segment focus
SWOT
13.8 Honeywell International Inc.
Honeywell International Inc. - Overview
Honeywell International Inc. - Business segments
Honeywell International Inc. - Key news
Honeywell International Inc. - Key offerings
Honeywell International Inc. - Segment focus
SWOT
13.9 Mitsubishi Electric Corp.
Mitsubishi Electric Corp. - Overview
Mitsubishi Electric Corp. - Business segments
Mitsubishi Electric Corp. - Key offerings
Mitsubishi Electric Corp. - Segment focus
SWOT
13.10 Rockwell Automation Inc.
Rockwell Automation Inc. - Overview
Rockwell Automation Inc. - Business segments
Rockwell Automation Inc. - Key news
Rockwell Automation Inc. - Key offerings
Rockwell Automation Inc. - Segment focus
SWOT
13.11 Schneider Electric SE
Schneider Electric SE - Overview
Schneider Electric SE - Business segments
Schneider Electric SE - Key news
Schneider Electric SE - Key offerings
Schneider Electric SE - Segment focus
SWOT
13.12 Siemens AG
Siemens AG - Overview
Siemens AG - Business segments
Siemens AG - Key news
Siemens AG - Key offerings
Siemens AG - Segment focus
SWOT
13.13 Yokogawa Electric Corp.
Yokogawa Electric Corp. - Overview
Yokogawa Electric Corp. - Business segments
Yokogawa Electric Corp. - Key news
Yokogawa Electric Corp. - Key offerings
Yokogawa Electric Corp. - Segment focus
SWOT
14 Appendix
14.1 Scope of the report
14.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
14.3 Currency conversion rates for US$
Currency conversion rates for US$
14.4 Research methodology
Research methodology
14.5 Data procurement
Information sources
14.6 Data validation
Data validation
14.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
14.8 Data synthesis
Data synthesis
14.9 360 degree market analysis
360 degree market analysis
14.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Incremental Growth
Exhibits 7: Executive Summary - Data Table on Incremental Growth
Exhibits 8: Executive Summary - Chart on Company Market Positioning
Exhibits 9: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 10: Overview on criticality of inputs and factors of differentiation
Exhibits 11: Overview on factors of disruption
Exhibits 12: Impact of drivers and challenges in 2023 and 2028
Exhibits 13: Parent Market
Exhibits 14: Data Table on - Parent Market
Exhibits 15: Market characteristics analysis
Exhibits 16: Value Chain Analysis
Exhibits 17: Offerings of companies included in the market definition
Exhibits 18: Market segments
Exhibits 19: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 20: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibits 21: Chart on Europe: Year-over-year growth 2023-2028 (%)
Exhibits 22: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibits 23: Historic Market Size - Data Table on Process Automation Market in Europe 2018 - 2022 ($ million)
Exhibits 24: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits 25: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 26: Five forces analysis - Comparison between 2023 and 2028
Exhibits 27: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 28: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 30: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 31: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 32: Chart on Market condition - Five forces 2023 and 2028
Exhibits 33: Chart on Type - Market share 2023-2028 (%)
Exhibits 34: Data Table on Type - Market share 2023-2028 (%)
Exhibits 35: Chart on Comparison by Type
Exhibits 36: Data Table on Comparison by Type
Exhibits 37: Chart on Discrete automation - Market size and forecast 2023-2028 ($ million)
Exhibits 38: Data Table on Discrete automation - Market size and forecast 2023-2028 ($ million)
Exhibits 39: Chart on Discrete automation - Year-over-year growth 2023-2028 (%)
Exhibits 40: Data Table on Discrete automation - Year-over-year growth 2023-2028 (%)
Exhibits 41: Chart on Process automation - Market size and forecast 2023-2028 ($ million)
Exhibits 42: Data Table on Process automation - Market size and forecast 2023-2028 ($ million)
Exhibits 43: Chart on Process automation - Year-over-year growth 2023-2028 (%)
Exhibits 44: Data Table on Process automation - Year-over-year growth 2023-2028 (%)
Exhibits 45: Market opportunity by Type ($ million)
Exhibits 46: Data Table on Market opportunity by Type ($ million)
Exhibits 47: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 48: Chart on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 49: Data Table on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 50: Chart on Geographic comparison
Exhibits 51: Data Table on Geographic comparison
Exhibits 52: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 53: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 55: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 56: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 57: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 59: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 60: Chart on France - Market size and forecast 2023-2028 ($ million)
Exhibits 61: Data Table on France - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Chart on France - Year-over-year growth 2023-2028 (%)
Exhibits 63: Data Table on France - Year-over-year growth 2023-2028 (%)
Exhibits 64: Chart on Rest of Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 65: Data Table on Rest of Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 66: Chart on Rest of Europe - Year-over-year growth 2023-2028 (%)
Exhibits 67: Data Table on Rest of Europe - Year-over-year growth 2023-2028 (%)
Exhibits 68: Market opportunity By Geographical Landscape ($ million)
Exhibits 69: Data Table on Market opportunity By Geographical Landscape ($ million)
Exhibits 70: Impact of drivers and challenges in 2023 and 2028
Exhibits 71: Overview on criticality of inputs and factors of differentiation
Exhibits 72: Overview on factors of disruption
Exhibits 73: Impact of key risks on business
Exhibits 74: Companies covered
Exhibits 75: Company ranking index
Exhibits 76: Matrix on companies position and classification
Exhibits 77: ABB Ltd. - Overview
Exhibits 78: ABB Ltd. - Business segments
Exhibits 79: ABB Ltd. - Key news
Exhibits 80: ABB Ltd. - Key offerings
Exhibits 81: ABB Ltd. - Segment focus
Exhibits 82: SWOT
Exhibits 83: Eaton Corp plc - Overview
Exhibits 84: Eaton Corp plc - Business segments
Exhibits 85: Eaton Corp plc - Key news
Exhibits 86: Eaton Corp plc - Key offerings
Exhibits 87: Eaton Corp plc - Segment focus
Exhibits 88: SWOT
Exhibits 89: Emerson Electric Co. - Overview
Exhibits 90: Emerson Electric Co. - Business segments
Exhibits 91: Emerson Electric Co. - Key news
Exhibits 92: Emerson Electric Co. - Key offerings
Exhibits 93: Emerson Electric Co. - Segment focus
Exhibits 94: SWOT
Exhibits 95: General Electric Co. - Overview
Exhibits 96: General Electric Co. - Business segments
Exhibits 97: General Electric Co. - Key news
Exhibits 98: General Electric Co. - Key offerings
Exhibits 99: General Electric Co. - Segment focus
Exhibits 100: SWOT
Exhibits 101: Honeywell International Inc. - Overview
Exhibits 102: Honeywell International Inc. - Business segments
Exhibits 103: Honeywell International Inc. - Key news
Exhibits 104: Honeywell International Inc. - Key offerings
Exhibits 105: Honeywell International Inc. - Segment focus
Exhibits 106: SWOT
Exhibits 107: Mitsubishi Electric Corp. - Overview
Exhibits 108: Mitsubishi Electric Corp. - Business segments
Exhibits 109: Mitsubishi Electric Corp. - Key offerings
Exhibits 110: Mitsubishi Electric Corp. - Segment focus
Exhibits 111: SWOT
Exhibits 112: Rockwell Automation Inc. - Overview
Exhibits 113: Rockwell Automation Inc. - Business segments
Exhibits 114: Rockwell Automation Inc. - Key news
Exhibits 115: Rockwell Automation Inc. - Key offerings
Exhibits 116: Rockwell Automation Inc. - Segment focus
Exhibits 117: SWOT
Exhibits 118: Schneider Electric SE - Overview
Exhibits 119: Schneider Electric SE - Business segments
Exhibits 120: Schneider Electric SE - Key news
Exhibits 121: Schneider Electric SE - Key offerings
Exhibits 122: Schneider Electric SE - Segment focus
Exhibits 123: SWOT
Exhibits 124: Siemens AG - Overview
Exhibits 125: Siemens AG - Business segments
Exhibits 126: Siemens AG - Key news
Exhibits 127: Siemens AG - Key offerings
Exhibits 128: Siemens AG - Segment focus
Exhibits 129: SWOT
Exhibits 130: Yokogawa Electric Corp. - Overview
Exhibits 131: Yokogawa Electric Corp. - Business segments
Exhibits 132: Yokogawa Electric Corp. - Key news
Exhibits 133: Yokogawa Electric Corp. - Key offerings
Exhibits 134: Yokogawa Electric Corp. - Segment focus
Exhibits 135: SWOT
Exhibits 136: Inclusions checklist
Exhibits 137: Exclusions checklist
Exhibits 138: Currency conversion rates for US$
Exhibits 139: Research methodology
Exhibits 140: Information sources
Exhibits 141: Data validation
Exhibits 142: Validation techniques employed for market sizing
Exhibits 143: Data synthesis
Exhibits 144: 360 degree market analysis
Exhibits 145: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the process automation market in europe: ABB Ltd., AMETEK Inc., Azbil Corp., Delta Electronics Inc., Eaton Corp plc, Emerson Electric Co., Endress Hauser Group Services AG, Fuji Electric Co. Ltd., General Electric Co., Hitachi Ltd., Honeywell International Inc., Mitsubishi Electric Corp., OMRON Corp., Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Xylem Inc., and Yokogawa Electric Corp..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is virtualization of automation systems."

According to the report, one of the major drivers for this market is the rising demand in healthcare sector.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABB Ltd.
  • AMETEK Inc.
  • Azbil Corp.
  • Delta Electronics Inc.
  • Eaton Corp plc
  • Emerson Electric Co.
  • Endress Hauser Group Services AG
  • Fuji Electric Co. Ltd.
  • General Electric Co.
  • Hitachi Ltd.
  • Honeywell International Inc.
  • Mitsubishi Electric Corp.
  • OMRON Corp.
  • Robert Bosch GmbH
  • Rockwell Automation Inc.
  • Schneider Electric SE
  • Siemens AG
  • Xylem Inc.
  • Yokogawa Electric Corp.