Europe Industrial Automation Services Market Top Industry Trends & Opportunities, Competition Analysis 2030

Europe Industrial Automation Services Market Dynamics:

Recent advancements in artificial intelligence (AI) and robotics have targeted the automation of various clerical and social interaction tasks. In Europe, the use of service robots alongside industrial robots is increasing in key industries. Numerous EU-funded research and innovation projects have contributed to the development of solutions and technologies that enable the industrial sector to fully harness the benefits of digitalization. Many of these projects are supported by the Factories of the Future Public-Private Partnership, which focuses on digital automation, process optimization, simulation, analytics, and ICT innovation for small and medium-sized manufacturing enterprises.

Rising Adoption of Autonomous Mobile Robots in European Markets:

The rapid deployment of robotics, AI, and IoT is significantly transforming automation operations across industries in Europe, particularly in the United Kingdom. According to the International Federation of Robotics (IFR), the UK deployed around 21,700 industrial robots in 2020. Major initiatives, such as the National Robots Executive Committee, are designed to accelerate the adoption of robotics and automation across European economies.

High Initial Capital Investments Limiting Market Growth:

One of the primary obstacles to market expansion in Europe is the high initial capital expenditure required for automation technologies. Since the onset of the COVID-19 pandemic, financial concerns have increased, with many businesses experiencing declines in capital investments and other losses. Consequently, the significant upfront investment required for automation solutions is expected to hinder market growth. Additionally, the market’s fragmented nature makes it challenging to predict return on investment (ROI), making small-scale manufacturers hesitant to automate their processes.

Europe Industrial Automation Services Market Segment Analysis:

Discrete Industries Segment Expected to Lead with a 10.05% CAGR:

The Discrete Industries segment is expected to grow at the highest CAGR of 10.05% during the forecast period. In 2019, this segment was valued at US$ XX Bn and is anticipated to grow significantly by 2027. This segment, which includes sectors such as heavy manufacturing, automotive, and electronics, is projected to have a substantial share of the European market. The United Kingdom alone is home to over 3,000 aerospace companies, with major players such as Rolls-Royce, BAE Systems, Cobham, Ultra Electronics, and QinetiQ leading the market. These technologically advanced companies are driving the growing demand for industrial automation in manufacturing processes across various industries.

By Type of Service

Project Engineering and Installation
Maintenance and Support Services
Consulting Services
Operational Services

By Product Type

DCS
SCADA
PLC
MES
Others

By End User

Discrete Industries
Process Industries

By Country

UK
France
Germany
Italy
Spain
Sweden
Austria
Rest Of Europe

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Europe Industrial Automation Services Market Key Players:

ABB Ltd.
Siemens AG
General Electric
Mitsubishi Electric Corporation
Robert Bosch GmBH
Rockwell Automation Inc.
Schneider Electric
Honeywell International Inc.
Emerson Electric Co.
Johnson Controls Inc.