EUROPE PROCESS AUTOMATION AND INSTRUMENTATION MARKET FORECAST 2018-2026

EUROPE PROCESS AUTOMATION AND INSTRUMENTATION MARKET FORECAST 2018-2026

  • March 2018 •
  • 90 pages •
  • Report ID: 4753167
KEY FINDINGS
The Europe market for process automation and instrumentation is projected to grow at of CAGR of 4.71% during the forecasting years from 2018-2026. The manufacturing and industrial sectors of the region are majorly augmenting the demand for process automation and instrumentation in Europe.

MARKET INSIGHTS
The major countries of Europe region are Germany, France, UK, and rest of Europe.The rise in the usage of IOT with the integration of connecting devices in the business functioning has aided Germany to set a lead by ranking highest share in the region.

On the other hand, France is expected to be the fastest growing country in the region, owing to the increased funding in the process automation and instrumentation market.

COMPETITIVE INSIGHTS
The dominant companies present in Europe process automation and instrumentation market include Mitsubishi Electric Corporation, Danaher Corporation, Emerson Electric Company, Texas Instruments, Honeywell International Inc., General Electric Corporation (Ge), Rockwell Automation Inc., ABB LTD., Schneider Electric, and Siemens Ag.