Albany, NY -- (SBWIRE) -- 06/16/2015 -- About Automation and Instrumentation

Automation is fast becoming an integral part of organizations in Europe. Many discrete manufacturing as well as process industries are adopting automated solutions to reduce their process variability and improve plant efficiency. Companies are able to optimize their business operations using automation solutions such as PLC, SCADA, and DCS, which effectively control production processes. Instruments, including flow meters, control valves, and transmitters, are used in automation processes to reduce the downtime and overall operational costs.

Technavio's analysts forecast the automation and instrumentation market in power industry in Europe to grow at a CAGR of 5.11% over the period 2015-2019.

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Covered in this Report

The automation and instrumentation market in power industry in Europe can be segmented into two: industrial automation consisting of PLC, SCADA, and DCS; and automation instrumentation consisting of control valves, flow meters, and transmitters.

Technavio's report, Automation and Instrumentation Market in Power Industry in Europe, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Europe in detail; it also covers the automation and instrumentation market landscape in the power industry in Europe and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors

ABB
Emerson Process Management
Honeywell International
Schneider Electric
Siemens

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Other Prominent Vendors

GE
Mitsubishi Electric
Rockwell Automation
Yokogawa Electric

Market Driver

Increase in energy requirements
For a full, detailed list, view our report

Market Challenge

Growing adoption of alternative energy sources
For a full, detailed list, view our report

Market Trend

Development of advanced automation technologies
For a full, detailed list, view our report

Key Questions Answered in this Report

What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors

Table Of Content

01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Market Overview
06.2 Overall Market Size and Forecast
06.3 Market Size and Forecast: Automation
06.4 Market Size and Forecast: Instrumentation
06.5 Five Forces Analysis
07. Automation Market Segmentation by Product
07.1 Segmentation of Automation Market in Power Industry in Europe by Product 2014-2019
07.2 DCS Market
07.2.1 Market Size and Forecast
07.3 SCADA Market
07.3.1 Market Size and Forecast
07.4 PLC Market

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