The Europe Remote Monitoring and Control Market would witness market growth of 5.0% CAGR during the forecast period (2022-2028).
Remote monitoring and control solutions have quickly developed technologically with the development of communication technology. As there is an increased focus on industrial automation and efficient use of resources, it is seen that there is a growing awareness of energy efficiency and the need for remote control in industrial operations.
The market is expected to encounter significant expansion as there is an increase in demand for remotely managed assets and the growing acceptance of industrial automation drive for maximum utilization of resources. These technologies offer an increase in productivity & security, by saving time and providing insights for remote management of monitoring systems.
Moreover, the remote monitoring and control systems are used by companies to collect information on the energy consumption, power output, running time, material consumption, and operating temperature of machines installed in the facilities. There is a massive demand for remote monitoring and control solutions due to the implementation of automation across industries like oil & gas, automation, and manufacturing, Also, changes in rules & regulations creates need for strict control and monitoring to ensure worker’s safety along with environmental protection.
In 2019, the UK government has issued the AI sector Deal, outlining a budget of over USD1.3 billion to support the sector’s expansion. The government has also proclaimed a new strategy to make the UK a worldwide center for the commercialization, adoption, and development of AI. The ecological transformation of France economy has been outlined in “France Revival Plan 2030.” France would largely invest in advanced and innovative technologies with the aim of being the first European nation to reach carbon neutrality in 2050.
The Germany market dominated the Europe Remote Monitoring and Control Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,216.2 million by 2028. The UK market is anticipated to grow at a CAGR of 4.1% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 5.8% during (2022 - 2028).
Based on Industry, the market is segmented into Oil & Gas, Water & Wastewater Treatment, Metals & Mining, Food & Beverage, Chemical, Power, Automotive, Pharmaceutical, Semiconductor & Electronics, and Others. Based on Component, the market is segmented into Solution (SCADA and Vibration Monitoring) and Field Instruments (Pressure Transmitters, Temperature Transmitters, Humidity Transmitters, Level Transmitters, Intelligent Flow Meters, and Others). Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Remote Monitoring and Control Market will Hit $33.3 Billion by 2028, at a CAGR of 5.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Emerson Electric Co., Honeywell International, Inc., Siemens AG, Schneider Electric SE, ABB Group, General Electric (GE) Co., Rockwell Automation, Inc., Yokogawa Electric Corporation, Fuji Electric Co., Ltd., and Endress+Hauser AG.
Scope of the Study
Market Segments Covered in the Report:
By Industry
- Oil & Gas
- Water & Wastewater Treatment
- Metals & Mining
- Food & Beverage
- Chemical
- Power
- Automotive
- Pharmaceutical
- Semiconductor & Electronics
- Others
By Component
- Solution
- SCADA
- Vibration Monitoring
- Field Instruments
- Pressure Transmitters
- Temperature Transmitters
- Humidity Transmitters
- Level Transmitters
- Intelligent Flow Meters
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Emerson Electric Co.
- Honeywell International, Inc.
- Siemens AG
- Schneider Electric SE
- ABB Group
- General Electric (GE) Co.
- Rockwell Automation, Inc.
- Yokogawa Electric Corporation
- Fuji Electric Co., Ltd.
- Endress+Hauser AG
TABLE 1 Europe Remote Monitoring and Control Market, 2018 - 2021, USD Million
TABLE 2 Europe Remote Monitoring and Control Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Remote Monitoring and Control Market
TABLE 4 Product Launches And Product Expansions– Remote Monitoring and Control Market
TABLE 5 Acquisition and Mergers– Remote Monitoring and Control Market
TABLE 6 Geographical Expansions– Remote Monitoring and Control Market
TABLE 7 Europe Remote Monitoring and Control Market by Industry, 2018 - 2021, USD Million
TABLE 8 Europe Remote Monitoring and Control Market by Industry, 2022 - 2028, USD Million
TABLE 9 Europe Oil & Gas Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Oil & Gas Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Water & Wastewater Treatment Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Water & Wastewater Treatment Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Metals & Mining Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Metals & Mining Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Food & Beverage Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Food & Beverage Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Chemical Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Chemical Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Power Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Power Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Automotive Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Automotive Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Pharmaceutical Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Pharmaceutical Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Semiconductor & Electronics Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Semiconductor & Electronics Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Other Industry Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Other Industry Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Remote Monitoring and Control Market by Component, 2018 - 2021, USD Million
TABLE 30 Europe Remote Monitoring and Control Market by Component, 2022 - 2028, USD Million
TABLE 31 Europe Solution Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Solution Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe Remote Monitoring and Control Market by Solution Type, 2018 - 2021, USD Million
TABLE 34 Europe Remote Monitoring and Control Market by Solution Type, 2022 - 2028, USD Million
TABLE 35 Europe SCADA Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe SCADA Market by Country, 2022 - 2028, USD Million
TABLE 37 Europe Vibration Monitoring Market by Country, 2018 - 2021, USD Million
TABLE 38 Europe Vibration Monitoring Market by Country, 2022 - 2028, USD Million
TABLE 39 Europe Field Instruments Market by Country, 2018 - 2021, USD Million
TABLE 40 Europe Field Instruments Market by Country, 2022 - 2028, USD Million
TABLE 41 Europe Remote Monitoring and Control Market by Field Instruments Type, 2018 - 2021, USD Million
TABLE 42 Europe Remote Monitoring and Control Market by Field Instruments Type, 2022 - 2028, USD Million
TABLE 43 Europe Pressure Transmitters Market by Country, 2018 - 2021, USD Million
TABLE 44 Europe Pressure Transmitters Market by Country, 2022 - 2028, USD Million
TABLE 45 Europe Temperature Transmitters Market by Country, 2018 - 2021, USD Million
TABLE 46 Europe Temperature Transmitters Market by Country, 2022 - 2028, USD Million
TABLE 47 Europe Humidity Transmitters Market by Country, 2018 - 2021, USD Million
TABLE 48 Europe Humidity Transmitters Market by Country, 2022 - 2028, USD Million
TABLE 49 Europe Level Transmitters Market by Country, 2018 - 2021, USD Million
TABLE 50 Europe Level Transmitters Market by Country, 2022 - 2028, USD Million
TABLE 51 Europe Intelligent Flow Meters Market by Country, 2018 - 2021, USD Million
TABLE 52 Europe Intelligent Flow Meters Market by Country, 2022 - 2028, USD Million
TABLE 53 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 54 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 55 Europe Remote Monitoring and Control Market by Country, 2018 - 2021, USD Million
TABLE 56 Europe Remote Monitoring and Control Market by Country, 2022 - 2028, USD Million
TABLE 57 Germany Remote Monitoring and Control Market, 2018 - 2021, USD Million
TABLE 58 Germany Remote Monitoring and Control Market, 2022 - 2028, USD Million
TABLE 59 Germany Remote Monitoring and Control Market by Industry, 2018 - 2021, USD Million
TABLE 60 Germany Remote Monitoring and Control Market by Industry, 2022 - 2028, USD Million
TABLE 61 Germany Remote Monitoring and Control Market by Component, 2018 - 2021, USD Million
TABLE 62 Germany Remote Monitoring and Control Market by Component, 2022 - 2028, USD Million
TABLE 63 Germany Remote Monitoring and Control Market by Solution Type, 2018 - 2021, USD Million
TABLE 64 Germany Remote Monitoring and Control Market by Solution Type, 2022 - 2028, USD Million
TABLE 65 Germany Remote Monitoring and Control Market by Field Instruments Type, 2018 - 2021, USD Million
TABLE 66 Germany Remote Monitoring and Control Market by Field Instruments Type, 2022 - 2028, USD Million
TABLE 67 UK Remote Monitoring and Control Market, 2018 - 2021, USD Million
TABLE 68 UK Remote Monitoring and Control Market, 2022 - 2028, USD Million
TABLE 69 UK Remote Monitoring and Control Market by Industry, 2018 - 2021, USD Million
TABLE 70 UK Remote Monitoring and Control Market by Industry, 2022 - 2028, USD Million
TABLE 71 UK Remote Monitoring and Control Market by Component, 2018 - 2021, USD Million
TABLE 72 UK Remote Monitoring and Control Market by Component, 2022 - 2028, USD Million
TABLE 73 UK Remote Monitoring and Control Market by Solution Type, 2018 - 2021, USD Million
TABLE 74 UK Remote Monitoring and Control Market by Solution Type, 2022 - 2028, USD Million
TABLE 75 UK Remote Monitoring and Control Market by Field Instruments Type, 2018 - 2021, USD Million
TABLE 76 UK Remote Monitoring and Control Market by Field Instruments Type, 2022 - 2028, USD Million
TABLE 77 France Remote Monitoring and Control Market, 2018 - 2021, USD Million
TABLE 78 France Remote Monitoring and Control Market, 2022 - 2028, USD Million
TABLE 79 France Remote Monitoring and Control Market by Industry, 2018 - 2021, USD Million
TABLE 80 France Remote Monitoring and Control Market by Industry, 2022 - 2028, USD Million
TABLE 81 France Remote Monitoring and Control Market by Component, 2018 - 2021, USD Million
TABLE 82 France Remote Monitoring and Control Market by Component, 2022 - 2028, USD Million
TABLE 83 France Remote Monitoring and Control Market by Solution Type, 2018 - 2021, USD Million
TABLE 84 France Remote Monitoring and Control Market by Solution Type, 2022 - 2028, USD Million
TABLE 85 France Remote Monitoring and Control Market by Field Instruments Type, 2018 - 2021, USD Million
TABLE 86 France Remote Monitoring and Control Market by Field Instruments Type, 2022 - 2028, USD Million
TABLE 87 Russia Remote Monitoring and Control Market, 2018 - 2021, USD Million
TABLE 88 Russia Remote Monitoring and Control Market, 2022 - 2028, USD Million
TABLE 89 Russia Remote Monitoring and Control Market by Industry, 2018 - 2021, USD Million
TABLE 90 Russia Remote Monitoring and Control Market by Industry, 2022 - 2028, USD Million
TABLE 91 Russia Remote Monitoring and Control Market by Component, 2018 - 2021, USD Million
TABLE 92 Russia Remote Monitoring and Control Market by Component, 2022 - 2028, USD Million
TABLE 93 Russia Remote Monitoring and Control Market by Solution Type, 2018 - 2021, USD Million
TABLE 94 Russia Remote Monitoring and Control Market by Solution Type, 2022 - 2028, USD Million
TABLE 95 Russia Remote Monitoring and Control Market by Field Instruments Type, 2018 - 2021, USD Million
TABLE 96 Russia Remote Monitoring and Control Market by Field Instruments Type, 2022 - 2028, USD Million
TABLE 97 Spain Remote Monitoring and Control Market, 2018 - 2021, USD Million
TABLE 98 Spain Remote Monitoring and Control Market, 2022 - 2028, USD Million
TABLE 99 Spain Remote Monitoring and Control Market by Industry, 2018 - 2021, USD Million
TABLE 100 Spain Remote Monitoring and Control Market by Industry, 2022 - 2028, USD Million
TABLE 101 Spain Remote Monitoring and Control Market by Component, 2018 - 2021, USD Million
TABLE 102 Spain Remote Monitoring and Control Market by Component, 2022 - 2028, USD Million
TABLE 103 Spain Remote Monitoring and Control Market by Solution Type, 2018 - 2021, USD Million
TABLE 104 Spain Remote Monitoring and Control Market by Solution Type, 2022 - 2028, USD Million
TABLE 105 Spain Remote Monitoring and Control Market by Field Instruments Type, 2018 - 2021, USD Million
TABLE 106 Spain Remote Monitoring and Control Market by Field Instruments Type, 2022 - 2028, USD Million
TABLE 107 Italy Remote Monitoring and Control Market, 2018 - 2021, USD Million
TABLE 108 Italy Remote Monitoring and Control Market, 2022 - 2028, USD Million
TABLE 109 Italy Remote Monitoring and Control Market by Industry, 2018 - 2021, USD Million
TABLE 110 Italy Remote Monitoring and Control Market by Industry, 2022 - 2028, USD Million
TABLE 111 Italy Remote Monitoring and Control Market by Component, 2018 - 2021, USD Million
TABLE 112 Italy Remote Monitoring and Control Market by Component, 2022 - 2028, USD Million
TABLE 113 Italy Remote Monitoring and Control Market by Solution Type, 2018 - 2021, USD Million
TABLE 114 Italy Remote Monitoring and Control Market by Solution Type, 2022 - 2028, USD Million
TABLE 115 Italy Remote Monitoring and Control Market by Field Instruments Type, 2018 - 2021, USD Million
TABLE 116 Italy Remote Monitoring and Control Market by Field Instruments Type, 2022 - 2028, USD Million
TABLE 117 Rest of Europe Remote Monitoring and Control Market, 2018 - 2021, USD Million
TABLE 118 Rest of Europe Remote Monitoring and Control Market, 2022 - 2028, USD Million
TABLE 119 Rest of Europe Remote Monitoring and Control Market by Industry, 2018 - 2021, USD Million
TABLE 120 Rest of Europe Remote Monitoring and Control Market by Industry, 2022 - 2028, USD Million
TABLE 121 Rest of Europe Remote Monitoring and Control Market by Component, 2018 - 2021, USD Million
TABLE 122 Rest of Europe Remote Monitoring and Control Market by Component, 2022 - 2028, USD Million
TABLE 123 Rest of Europe Remote Monitoring and Control Market by Solution Type, 2018 - 2021, USD Million
TABLE 124 Rest of Europe Remote Monitoring and Control Market by Solution Type, 2022 - 2028, USD Million
TABLE 125 Rest of Europe Remote Monitoring and Control Market by Field Instruments Type, 2018 - 2021, USD Million
TABLE 126 Rest of Europe Remote Monitoring and Control Market by Field Instruments Type, 2022 - 2028, USD Million
TABLE 127 Key Information – ABB Group
TABLE 128 Key Information – Honeywell International, Inc.
TABLE 129 Key Information – Siemens AG
TABLE 130 Key information – Schneider Electric SE
TABLE 131 KEY INFORMATION – GENERAL ELECTRIC Company
TABLE 132 Key Information – Emerson Electric Co.
TABLE 133 Key Information – Yokogawa Electric Corporation
TABLE 134 Key information – Rockwell Automation, Inc.
TABLE 135 Key Information – Fuji Electric Co., Ltd.
TABLE 136 Key Information – Endress+Hauser AG
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions: 2019, Jun – 2022, Oct) Leading Players
FIG 5 Recent strategies and developments: ABB Group
FIG 6 SWOT Analysis: ABB Group
FIG 7 Recent strategies and developments: Honeywell International, INC.
FIG 8 Swot analysis: Honeywell international, inc.
FIG 9 Swot analysis: Siemens AG
FIG 10 Recent strategies and developments: Schneider Electric SE
FIG 11 Swot analysis: Schneider Electric SE
FIG 12 Swot analysis: General electric (GE) Co.
FIG 13 Recent strategies and developments: Emerson Electric Co.
FIG 14 Recent strategies and developments: Yokogawa Electric Corporation