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Date Submitted: 07/30/2015 01:40 AM
Automation and Instrumentation Market in Chemical and Petrochemical Industry in Europe 2015-2019
Released On 30th July 2015
About Automation and Instrumentation market
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.
TechNavios analysts forecast the automation and instrumentation market in chemical and petrochemical industry in Europe to grow at a CAGR of 6.55% over the period 2014-2019.
Covered in this Report
The automation and instrumentation market in chemical and petrochemical industry in Europe can be segmented into two segments: industrial automation market consisting of DCS, PLC, SCADA, and others; and automation instrumentation consisting of control valves, flow meters, and transmitters.
TechNavios report, Automation and Instrumentation Market in Chemical and Petrochemical 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 ofthe Key Vendors operating in this market.
Key Vendors
• ABB
• Emerson Electric
• Honeywell International
• Rockwell Automation
• Siemens
• Yokogawa Electric
Other Prominent Vendors
• Applied...