Europe Industrial Control Systems Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR (2024 - 2029) | 12.30 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe Industrial Control Systems Market Analysis
The Europe ICS Market is expected to register a CAGR of 12.30% during the forecast period.
- There is a rise in the need to decrease manufacturing costs and applications of the Internet of Things and machine-to-machine (M2M) technologies. According to a government-commissioned review, the manufacturing sector in the country can unlock GBP 455 million (USD 550 million) over the next decade and create thousands of jobs if it cracks the fourth industrial revolution.
- The bulk adoption of automation tools is witnessed in the region鈥檚 automotive and manufacturing sectors. IoT allows automated driving assistance, vehicle maintenance, passenger infotainment, & vehicle-to-vehicle communications in the automotive industry.
- The government鈥檚 efforts to control and maintain the cybersecurity industry has suffered opposition from business associations. The resistance to building a certification regime to rank firms based on their performance against cybersecurity metrics is hampering innovations to upgrade security. However, the country鈥檚 industrial policy aims to encourage private investment and human capital development in line with addressing the cybersecurity challenge.鈥�
- The ANSSI (National Agency for Information Systems Security) suggested a similar class-based approach to dealing with cyber security issues within France. The country鈥檚 Industrial Cyber Plan strives for a voluntary information-sharing system (CERT-FR) to help a reporting mechanism, sharing best practices among companies, sponsorship of crisis management exercises involving the private sector (Piranet), and certification schemes for cybersecurity firms.
- Aging hardware or software for ICS in numerous organizations is also a factor for increasing complexity, as many organizations even use inheritance ICS due to their importance in the functioning of the plant. The advanced age of ICS creates excellent opportunities for cyberattacks and increases complexities.
- The COVID-19 pandemic has forced manufacturing industries to re-evaluate their traditional production processes, mainly driving digital transformation and smart manufacturing practices across production lines. The manufacturers are also forced to develop and execute multiple new and agile techniques to monitor product and quality control.
Europe Industrial Control Systems Market Trends
Automotive Sector to Drive Market Growth
- The automotive sector is among the major industries with a significant share of automated manufacturing facilities worldwide. The production facilities of different automakers are automated to maintain efficiency. The increasing trend of substituting conventional vehicles with electric vehicles (EVs) is anticipated to augment demand from the automotive sector further. For instance, Europe's projected electric vehicle sales are expected to reach 6.33 million units by 2025, followed by China with 4.84 million units, according to UBS.
- Artificial intelligence has completed automotive assembly lines more productive, efficient, and cost-effective. Industrial robotics on the shop floor, mainly cylindrical robots, have changed automobile production by automating manufacturing.
- The E2EW series is optimized to withstand the extreme conditions of traditional automotive welding processes owing to the fluororesin coating giving improved spatter resistance. The new sensors also support IO-Link capabilities, allowing real-time data gathering on proximity sensors' detection levels & temperature changes from a single location. These sensors are also broadly employed in industrial sensors to detect long-range distances, collision avoidance, determine the size of objects, navigation, and others.鈥�
- The International Automotive Components (IAC) implemented Manufacturing 4.0 & smart factory applications at the UK site in Halewood, England. This application installed smart logistics, cross-company integration, & collaborative robots (cobots).鈥� Also, German auto parts manufacturer Bosch has invested around EUR 31 million (USD 32.8 million) at its Indian plant to develop Industry 4.0 solutions.
- According to ACEA (European Automobile Manufacturers Association), around forty-four percent of new car registrations in the European Union (EU) were electrified to some degree in 2022. New registrations of battery electric vehicles increased by about twenty-eight percent to reach some 1.12 million units, while diesel & petrol registrations slumped. As of 2022, approx. Sixteen percent of newly registered passenger cars in the European Union were running on diesel, and approx thirty-six percent were fueled by petrol.
Rising Incidence of Cyberattacks is Among the Factors Driving the Market
- According to IBM's X-Force Threat Intelligence Index 2022, the threat targets on ICS and Operational Technologies (OT) assets have increased. For instance, between January and September of 2021, X-Force observed a 2204% increase in malicious reconnaissance activity targeting port 502. Most of these targets used a combination of known vulnerabilities within ICS hardware components, supervisory control and data acquisition (SCADA), and brute-force login tactics such as password-spraying attacks.
- A survey conducted by ARC Advisory Group on the state of cybersecurity of Industrial Control Systems (ICS) recently indicated that around 70% of companies predict an attack on their OT/ICS infrastructure to be very likely. Siemens and Ponemon Institute conducted research and also found similar results. The survey results indicate that OT had a higher chance of cyberattack than IT. 糖心vlog传媒 54% of respondents expect to be stuck with at least one cyberattack on critical infrastructure within the next few years.
- With cyberattacks increasing in smart factories in the US, there is growing concerned about using Industrial Control Systems, and the government has strategies to curb the rise of such crimes, which is aligned with the increasing usage of industrial control systems manufactured in the country for smart factories to prevent the risk of cybersecurity breaches. Companies like Panasonic North America offer complete smart manufacturing solutions, including ERP.
- According to ENISA, between April 2020 and July 2021, European public administrations were the target of 198 cyber incidents, making them the biggest targeted sector. Digital service providers were second on the list, with 152 incidents. The financial sector was fifth, with 97 cyber incidents. Such factors allow the market vendor to grow in the region.
- Hence, over the past few years, oil and gas companies have invested heavily in cybersecurity technologies, such as incident response solutions and software capable of collecting logs in ICS environments to enhance visibility and segmenting networks, prevent lateral movement, and eliminate imminent threats.
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鈥� 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鈥檚 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鈥檚 Robotics Experience Center in V盲ster氓s, Sweden. Through the partnership, ABB and SKF will recognize and assess solutions to enhance manufacturing capabilities and support clients in boosting production efficiency.
Europe Industrial Control Systems Market Leaders
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IBM
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Siemens AG
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ABB
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Honeywell International Inc.
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Schneider Electric
*Disclaimer: Major Players sorted in no particular order
Europe Industrial Control Systems Market News
- February 2023 -Wolfspeed, Inc. and ZF announced a strategic partnership that includes the creation of a joint innovation lab to drive advances in Silicon Carbide systems and devices for mobility, industrial, and energy applications in Ensdorf, Germany. The joint innovation lab & the Wolfspeed device fab are planned as part of the Important Project of Common European Interest (IPCEI) for Microelectronics and Communication Technologies framework. The companies feel it is a significant step towards a successful industrial transformation.
- May 2022 - ABB announced the launch of ABB Ability NGX Hoist Control, a global control system enabling mining companies to attain maximum performance and safety of hoist operations. Building on ABB鈥檚 hoist control systems brings new reliability, flexibility, and ease of operation for smaller companies on greenfield projects or advancements. It can also support larger companies in reducing costs and improving efficiencies by standardizing control systems.
Europe Industrial Control Systems Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness: Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Buyers
4.3.3 Threat of New Entrants
4.3.4 Intensity of Competitive Rivalry
4.3.5 Threat of Substitute Products
4.4 Assessment of the Impact of Macroeconomic Trends on the Industry
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Rising Incidence of Cyberattacks
5.1.2 Convergence of IT and OT Networks
5.2 Market Restraints
5.2.1 Complexity in Implementing the Security Systems
5.3 Emergence of Various Business Models in ICS Security Industry
6. MARKET SEGMENTATION
6.1 By Operational Technology
6.1.1 Supervisory Control and Data Acquisition (SCADA)
6.1.2 Distributed Control System (DCS)
6.1.3 Programmable Logic Controller (PLC)
6.1.4 Intelligent Electronic Devices (IED)
6.1.5 Human Machine Interface (HMI)
6.1.6 Other Systems
6.2 By Software
6.2.1 Asset Performance Management (APM)
6.2.2 Product Lifecycle Management (PLM)
6.2.3 Manufacturing Execution System (MES)
6.2.4 Enterprise Resource Planning (ERP)
6.3 By End-user Industry
6.3.1 Oil and Gas
6.3.2 Chemical and Petrochemical
6.3.3 Power and Utilities
6.3.4 Food and Beverages
6.3.5 Automotive and Transportation
6.3.6 Life Sciences
6.3.7 Water and Wastewater
6.3.8 Metal and Mining
6.3.9 Pulp and Paper
6.3.10 Electronics/Semiconductor
6.3.11 Other End-user Industries
6.4 By Country
6.4.1 United Kingdom
6.4.2 Germany
6.4.3 France
6.4.4 Rest of Europe
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles*
7.1.1 IBM
7.1.2 Siemens AG
7.1.3 ABB
7.1.4 Honeywell International Inc.
7.1.5 Tofino Security
7.1.6 Kasa Companies Inc.
7.1.7 Kasa Companies Inc.
7.1.8 Schneider Electric
7.1.9 Sourcefire Inc.
7.1.10 Juniper Networks Inc.
7.1.11 Emerson Electric Co.
7.1.12 Mitsubishi Electric Corporation
8. INVESTMENT ANALYSIS
9. MARKET OUTLOOK
Europe Industrial Control Systems Industry Segmentation
Industrial control systems comprise a network of interconnected equipment that supervises and controls physical equipment in many industrial environments. These systems have a combination of control systems like supervisory control and data acquisition (SCADA) systems, distributed control systems (DCS), programmable logic controllers (PLC), and related security systems, which are used primarily for remote supervision, process automation, and critical infrastructure automation.
The Europe ICS 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 and gas, chemical and petrochemical, power and utilities, food and beverages, automotive and transportation, life sciences, water and wastewater, metal and mining, pulp and 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.
| 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) | |
| 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 and Gas | |
| Chemical and Petrochemical | |
| Power and Utilities | |
| Food and Beverages | |
| Automotive and Transportation | |
| Life Sciences | |
| Water and Wastewater | |
| Metal and Mining | |
| Pulp and Paper | |
| Electronics/Semiconductor | |
| Other End-user Industries |
| By Country | |
| United Kingdom | |
| Germany | |
| France | |
| Rest of Europe |
Europe Industrial Control Systems Market Research FAQs
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)
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.
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.
Europe Industrial Control Systems Industry Report
Statistics for the 2024 Europe ICS market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Europe ICS analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
