Europe Industrial Automation Market Forecast to 2030 – Regional Analysis – by Component (Hardware and Software), System (Supervisory Control and Data Acquisition, Distributed Control System, Programmable Logic Control, and Other), and End User (Oil & Gas, Automotive, Food & Beverages, Chemical & Materials, Aerospace & Defense, and Others)
The Europe industrial automation market is expected to grow from US$ 53,689.1 million in 2022 to US$ 94,606.0 million by 2030. It is estimated to grow at a CAGR of 7.3% from 2022 to 2030.
Increase in Machine Vision Systems Adoption for Industrial Automation Fuels Europe Industrial Automation Market
Machine vision users and systems integrators have exploited better imaging, optics, illumination, and software for nearly 40 years. Even though machine vision is a somewhat mature technology, lower component, software, and engineering costs and increased simplicity of use and application expansion continue to drive machine vision acceptance across industries.
In 2021, due to the COVID-19 pandemic, manufacturers accelerated the deployment of machine vision technology for industrial automation to keep operations running as effectively as possible and keep up with the increasing demand as businesses scrambled to bolster digital infrastructure, supporting remote workers.
Additionally, logistics-related apps experienced a rise due to a surge in online purchase volumes. Imaging systems in retail distribution centers and automated warehouse storage and retrieval systems, and manufacturers of PPE-related items, such as face masks, face shields, protective garments, and respirators were among them. Other factors influencing the uptake of machine vision systems for industrial automation include predictive maintenance, packaging inspection, automated barcode reading, product and component assembly, defect reduction, and 3D vision inspection.
Moreover, the rise in investment by companies to develop new products through machine vision technology for industrial automation is further propelling the market. For instance, in January 2022, the Khronos Group launched a new initiative with the European Machine Vision Alliance (EMVA) to produce an open, royalty-free API standard to regulate camera system runtimes in embedded, mobile, industrial, XR, automotive, and scientific industries. Thus, the rise in investments by companies is boosting the uptake of machine vision systems for industrial automation.
Europe Industrial Automation Market Overview
Europe is one of the early adopters of robotics systems across manufacturing facilities. Furthermore, the ongoing developments in IoT-based technologies are propelling the adoption of robots in the region. The European Commission (EC) is primarily focusing on R&D funding in automation to boost the competitiveness of its manufacturing sector and continue dominance in global technological leadership. EC sanctioned a budget of US$ 780 million for R&D in robotics and other technologies, such as AI and Cobots, from 2018 to 2020.
The automotive sector invests extensively in new production capabilities and the industry 4.0 infrastructure. The automotive sector is a leading end-use industry for robotic applications, accounting for half of the robot shipments in Europe. Automotive assembly automation involves streamlining repetitive processes, such as material handling, welding, and assembling auto body components. Automotive manufacturers can save on rework and labor costs and improve quality and repeatability with vision, robotics, and software integration. Europe is home to many prominent car manufacturers, including BMW, Volkswagen, Renault, and Peugeot. Thus, the robust automotive industry is boosting the adoption of automated solutions in the region, which is driving the market growth.
Europe Industrial Automation Market Revenue and Forecast to 2030 (US$ Million)
Europe Industrial Automation Market Segmentation
The Europe industrial automation market is segmented into component, system, end user, and country.
Based on component, the Europe industrial automation market is segmented into hardware and software. The hardware segment held a larger share of the Europe industrial automation market in 2022. The hardware is further sub segmented into motors and drives, robots, sensors, machine vision systems, and others.
Based on system, the Europe industrial automation market is segmented into supervisory control and data acquisition, distributed control system, programmable logic control, and other. The distributed control system segment held the largest share of the Europe industrial automation market in 2022.
Based on end user, the Europe industrial automation market is segmented into oil & gas, automotive, food & beverage, chemical & materials, aerospace & defense, and others. The automotive segment held the largest share of the Europe industrial automation market in 2022.
Based on country, the Europe industrial automation market is segmented into France, Germany, the UK, Italy, Russia, and the Rest of Europe. Germany dominated the Europe industrial automation market in 2022.
ABB Ltd, Bosch Rexroth AG, Emerson Electric Co, Hitachi Ltd, Honeywell International Inc, Mitsubishi Electric Corp, OMRON Corp, Rockwell Automation Inc, Schneider Electric SE, and Siemens AG are some of the leading companies operating in the Europe industrial automation market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Industrial Automation Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain:
5. Europe Industrial Automation Market - Key Industry Dynamics
5.1 Drivers
5.1.1 Rising Uptake of Automation across Food & Beverage Industry
5.1.2 Increase in Machine Vision Systems Adoption for Industrial Automation
5.2 Market Restraints
5.2.1 Requirement of High Initial Investment
5.3 Market Opportunities
5.3.1 Integration of Robotics in the Construction Industry
5.4 Future Trends
5.4.1 Surging Demand for Automation in the E-commerce Industry
5.5 Impact of Drivers and Restraints:
6. Industrial Automation Market - Europe Market Analysis
6.1 Europe Industrial Automation Market Overview
6.2 Europe Industrial Automation Market Revenue (US$ Billion), 2022 – 2030
6.3 Europe Industrial Automation Market Forecast and Analysis
7. Europe Industrial Automation Market Analysis - Component
7.1 Hardware
7.1.1 Overview
7.1.2 Hardware: Europe Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
7.1.3 Motors and Drives
7.1.3.1 Overview
7.1.4 Robots
7.1.4.1 Overview
7.1.5 Sensors
7.1.5.1 Overview
7.1.6 Machine Vision Systems
7.1.6.1 Overview
7.1.7 Others
7.1.7.1 Overview
7.2 Software
7.2.1 Overview
7.2.2 Software: Europe Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
8. Europe Industrial Automation Market Analysis - System
8.1 Supervisory Control and Data Acquisition
8.1.1 Overview
8.1.2 Supervisory Control and Data Acquisition: Europe Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
8.2 Distributed Control System
8.2.1 Overview
8.2.2 Distributed Control System: Europe Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
8.3 Programmable Logic Control
8.3.1 Overview
8.3.2 Programmable Logic Control: Europe Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
8.4 Others
8.4.1 Overview
8.4.2 Others: Europe Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
9. Europe Industrial Automation Market Analysis – End User
9.1 Automotive
9.1.1 Overview
9.1.2 Automotive: Europe Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
9.2 Oil and Gas
9.2.1 Overview
9.2.2 Oil and Gas: Europe Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
9.3 Food and Beverage
9.3.1 Overview
9.3.2 Food and Beverage: Europe Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
9.4 Chemicals and Materials
9.4.1 Overview
9.4.2 Chemicals and Materials: Europe Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
9.5 Aerospace and Defense
9.5.1 Overview
9.5.2 Aerospace and Defense: Europe Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
9.6 Others
9.6.1 Overview
9.6.2 Others: Europe Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
10. Europe Industrial Automation Market - Country Analysis
10.1.1 Europe Industrial Automation Market Overview
10.1.2 Europe Industrial Automation Market Revenue and Forecasts and Analysis - By Countries
10.1.2.1 France: Europe Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.1.1 France: Europe Industrial Automation Market Breakdown by Component
10.1.2.1.2 France: Europe Industrial Automation Market Breakdown by System
10.1.2.1.3 France: Europe Industrial Automation Market Breakdown by End User
10.1.2.2 Germany: Europe Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.2.1 Germany: Europe Industrial Automation Market Breakdown by Component
10.1.2.2.2 Germany: Europe Industrial Automation Market Breakdown by System
10.1.2.2.3 Germany: Europe Industrial Automation Market Breakdown by End User
10.1.2.3 UK: Europe Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.3.1 UK: Europe Industrial Automation Market Breakdown by Component
10.1.2.3.2 UK: Europe Industrial Automation Market Breakdown by System
10.1.2.3.3 UK: Europe Industrial Automation Market Breakdown by End User
10.1.2.4 Italy: Europe Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.4.1 Italy: Europe Industrial Automation Market Breakdown by Component
10.1.2.4.2 Italy: Europe Industrial Automation Market Breakdown by System
10.1.2.4.3 Italy: Europe Industrial Automation Market Breakdown by End User
10.1.2.5 Russia: Europe Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.5.1 Russia: Europe Industrial Automation Market Breakdown by Component
10.1.2.5.2 Russia: Europe Industrial Automation Market Breakdown by System
10.1.2.5.3 Russia: Europe Industrial Automation Market Breakdown by End User
10.1.2.6 Rest of Europe: Europe Industrial Automation Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.6.1 Rest of Europe: Europe Industrial Automation Market Breakdown by Component
10.1.2.6.2 Rest of Europe: Europe Industrial Automation Market Breakdown by System
10.1.2.6.3 Rest of Europe: Europe Industrial Automation Market Breakdown by End User
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
12. Company Profiles
12.1 ABB Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Bosch Rexroth AG
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Emerson Electric Co
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Hitachi Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Honeywell International Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Mitsubishi Electric Corp
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 OMRON Corp
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Rockwell Automation Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Schneider Electric SE
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Siemens AG
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 Word Index
LIST OF TABLES
Table 1. Europe Industrial Automation Market Segmentation
Table 2. Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Billion)
Table 3. Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Billion) – Hardware
Table 4. Europe Industrial Automation Market, by Country – Revenue and Forecast to 2030 (USD Billion)
Table 5. France: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 6. France: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 7. France: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 8. France: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 9. Germany: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 10. Germany: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 11. Germany: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 12. Germany: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 13. UK: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 14. UK: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 15. UK: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 16. UK: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 17. Italy: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 18. Italy: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 19. Italy: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 20. Italy: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 21. Russia: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 22. Russia: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 23. Russia: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 24. Russia: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 25. Rest of Europe: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 26. Rest of Europe: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 27. Rest of Europe: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 28. Rest of Europe: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 29. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Industrial Automation Market Segmentation, By Country
Figure 2. Europe– PEST Analysis
Figure 3. Ecosystem: Europe Industrial Automation Market
Figure 4. Europe Industrial Automation Market - Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Europe Industrial Automation Market Revenue (US$ Billion), 2022 & 2030
Figure 7. Europe Industrial Automation Market Share (%) – Component, 2022 and 2030
Figure 8. Hardware: Europe Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 9. Software: Europe Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 10. Europe Industrial Automation Market Share (%) – System, 2022 and 2030
Figure 11. Supervisory Control and Data Acquisition: Europe Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 12. Distributed Control System: Europe Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 13. Programmable Logic Control: Europe Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 14. Others: Europe Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 15. Europe Industrial Automation Market Share (%) – End User, 2022 and 2030
Figure 16. Automotive: Europe Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 17. Oil and Gas: Europe Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 18. Food and Beverage: Europe Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 19. Chemicals and Materials: Europe Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 20. Aerospace and Defense: Europe Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 21. Others: Europe Industrial Automation Market – Revenue and Forecasts To 2030 (US$ Billion)
Figure 22. Europe Industrial Automation Market, 2022 ($Bn)
Figure 23. Europe Industrial Automation Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 24. France: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 25. Germany: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 26. UK: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 27. Italy: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 28. Russia: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 29. Rest of Europe: Europe Industrial Automation Market Revenue and Forecasts To 2030 (US$ Mn)
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