Automation and Instrumentation Market for Water and Wastewater Industry in Europe to Grow at a CAGR of 6.29% over the Period 2014 - 2019; Finds New Report
Market Research Reports, Inc. has announced the addition of “Automation and Instrumentation Market in the Water and Wastewater Industry in Europe 2015-2019” research report to their website http://www.MarketResearchReports.com
Lewes, DE -- (SBWire) -- 05/15/2015 --Report forecast the automation and instrumentation market for water and wastewater industry in Europe to grow at a CAGR of 6.29% over the period 2014-2019.
Automation and instrumentation solutions consist of automation solutions such as DCS, MES, PLC, SCADA, and APC, which help companies optimize their business operations by effectively controlling the production processes. The automation instruments include control valve, temperature transmitter, level transmitter, flow transmitter, and pressure transmitter, which help in improving the operational efficiency of an organization. The automation and instrumentation products are used in various discrete and process industries including oil and gas, chemical, refining, power, petrochemical, textile, automotive, and pharmaceutical industries. Effective deployment of these solutions will help reduce the downtime and optimize the overall operational cost of the organization.
The automation and instrumentation market for water and wastewater industry in Europe can be segmented into two major segments: industrial automation consisting of PLC, DCS, SCADA, HMI, and others; and automation instrumentation consisting of control valves, flow meters, and transmitters.
According to the report, increased need for energy efficiency and management solutions is one of the key drivers of the market. The increased need to achieve energy efficiency and at the same time reduce energy consumption has encouraged vendors in the water and wastewater industry in Europe to automate their workflow processes.
Further, the report states that maturity of water and wastewater industry is one of the key challenges that the market faces. Germany and France are historically high contributors to this market but will witness diminished growth because of reduced number of new installations.
Automation and Instrumentation Market for Water and Wastewater Industry in Europe, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the automation and instrumentation market in water and wastewater industry in Europe: ABB Ltd., Emerson Process Management,. General Electric (GE) Co., Schneider Electric SE and Siemens AG
Other Prominent Vendors in the market are: Honeywell International, Mitsubishi Electric, Rockwell Automation and Yokogawa Electric
Market Driver
- Increased Need for Energy Efficiency and Management Solutions
- For a full, detailed list, view our report
Market Challenge
- Maturity of Water and Wastewater Industry
- For a full, detailed list, view our report
Market Trend
- One-stop Solution Providers
- 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
Spanning over 74 pages and 29 Exhibits "Automation and Instrumentation Market in the Water and Wastewater Industry in Europe 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Automation Market Segmentation by Product, Segmentation of Instrumentation Market by Product, Key Leading Countries, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/automation-and-instrumentation-market-water-and-wastewater-industry-europe-2015-2019
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