What is the current Europe ICS Market size?

The Europe ICS Market is projected to register a CAGR of 12.30% during the forecast period (2024-2029) Read More

Who are the key players in Europe ICS Market?

IBM, Siemens AG, ABB, Honeywell International Inc. and Schneider Electric are the major companies operating in the Europe ICS Market. Read More

What years does this Europe ICS Market cover?

The report covers the Europe ICS Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe ICS Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Europe Industrial Control Systems Market Size & Share Analysis - Industry Research Report

Europe Industrial Control Systems Market - Growth, Trends, COVID-19 Impact, and Forecasts (2024 - 2029)

The European Industrial Control Systems Market is Segmented by Operational Technology (Supervisory Control and Data Acquisition (SCADA), Distributed Control System (DCS), Programmable Logic Controller (PLC), Intelligent Electronic Devices (IED), Human Machine Interface (HMI), and Other Systems), by Software (Asset Performance Management (APM), Product Lifecycle Management (PLM), Manufacturing Execution System (MES), Enterprise Resource Planning (ERP)), by End-User Industry (Oil & Gas, Chemical and Petrochemical, Power & Utilities, Food & Beverages, Automotive & Transportation, Life Sciences, Water & Wastewater, Metal & Mining, Pulp & Paper, Electronics/Semiconductor, Other End-User Industries), and by Country (United Kingdom, Germany, France, and the Rest of Europe). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Europe Industrial Control Systems Industry Overview

The European factory industrial control system market needs to be more cohesive due to several players in the market. Players are primarily involved in product development and strategic activities such as partnerships, mergers, and acquisitions. Some of the key developments in the market are:

September 2022 - XOne Networks, a leader in ICS and industrial IoT (IIoT) security, and Valmet announced a partnership. Together the companies plan to equip joint industrial automation customers with the protection they require for current vulnerable OT (Operational Technology) environments. The mixture of TXOne Networks’ solutions for security inspection, endpoint protection, and network defenses with the top Valmet DNA Distributed Control System (DCS), Valmet IQ Quality Control System (QCS), Machine Vision, Analyzers & Measurements, Valves, and Industrial Internet, presents various advantages: It improves the ability of industrial customers to guard better, respond, and recover from a cybersecurity incident with Valmet’s Cybersecurity Services.
July 2022 - ABB and SKF entered into a Memorandum of Understanding (MoU) to analyze the possibilities for collaboration in the automation of manufacturing processes. The MoU was signed at ABB’s Robotics Experience Center in Västerås, Sweden. Through the partnership, ABB and SKF will recognize and assess solutions to enhance manufacturing capabilities and support clients in boosting production efficiency.