Automation and Instrumentation Market in the Chemical and Petrochemical Industry in Europe 2015-2019
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Automation and Instrumentation Market in the Chemical and Petrochemical Industry in Europe 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Market in the Chemical and Petrochemical Industry in Europe
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Key Trends
Technavio’s Senior Analyst says, “A growing portfolio of automation solutions is an emerging trend that helps in retaining existing customers and attracting new customers, thereby increasing vendors' revenues and profit margins. Major vendors are also trying to increase their product offerings and enhance their expertise in a particular industries by acquiring small automation vendors operating in those industries.”
• Automation and instrumentation solutions help companies optimize their business operations by effectively controlling production processes. Automation instruments include control valves, temperature transmitters, level transmitters, flow transmitters, and pressure transmitters that help improve an organization's operational efficiency.
• The automation and instrumentation market in the chemical and petrochemical industry in Europe is expected to grow steadily at a CAGR of 6.55% during the forecast period.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Automation and Instrumentation Market in the Chemical and Petrochemical Industry in Europe 2015-2019
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Vendors
To understand the vendor landscape and for a full list of vendors view our
report:
Automation and Instrumentation Market in the Chemical and Petrochemical Industry in Europe 2015-2019
ABB
Emersion Electric
Honeywell
ABB is one of the world's largest conglomerates. The company offers power and automation technologies for utility and industrial customers. Its products include switchgears, circuit breakers, capacitors, sensors, motor control centers, integrated power and automation solutions, programmable logic controllers, robots and robotics, solar inverters, and wind converters, among others.
Emerson was established in 1890 and is headquartered in St. Louis, Missouri, US. The company is a diversified global manufacturing company that brings technology and engineering together to deliver innovative solutions to customers in the industrial, commercial, and consumer durables industries.
Honeywell International is a globally diversified conglomerate engaged in the design and manufacture of products and services that serve a wide variety of industries including aerospace and defense, automotive and transportation, oil and gas, petrochemicals and biofuels, healthcare, and construction.
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Market Landscape
• The industrial automation market is expected to be the fastest growing segment of the automation and instrumentation market in the chemical and petrochemical industry in Europe.
• The recovery of the chemical industry in Europe from the 2009 global crisis will promote increased investments in automation in the region during the forecast period.
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Key Buying Criteria
Guest BloggersParameter Details
Accuracy Ability to provide precise output.
Customization Provision of a particular solution designed for the specific needs of an organization.
Integration Ability to integrate with other manufacturers' software and hardware to improve overall efficiency.
Maintenance and supportAbility to provide constant support, upgrades, and after-sales services during the entire operating life of automation and instrumentation systems.
Reliability Ability of the system to perform under stated conditions for a specified period of time.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Automation and Instrumentation Market in the
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