MRO Magazine

Technavio Says the Automation and Instrumentation Market in the Water Industry in Europe Will Exhibit Steady Growth Through 2019


May 13, 2015
By Business Wire News

LONDON

Technavio has published a new report on the automation and instrumentation market in the water and wastewater industry in Europe, which is expected to grow at a CAGR of almost 6% from 2015-2019.

Automation and Instrumentation: About the Report

According to the new analysis by Technavio, the need to achieve energy efficiency and reduce energy consumption has encouraged vendors to automate their workflow processes.

“Implementation of automation and instrumentation systems helps reduce process variability, which increases the overall process efficiency of the entire plant,” says Faisal Ghaus, Vice President of Technavio.

The new Technavio report also indicates that key players in the water and wastewater industry are looking for manufacturers that can provide complete solutions for their automation and instrumentation requirements.

“Automation and instrumentation manufacturers are aiming to bolster consumer confidence by increasing their product portfolios, which will help drive market growth through the projected period,” says Ghaus.

Automation and Instrumentation: Market Scope and Calculation of Market Size

The new Technavio report covers the present scenario and the growth prospects of the automation and instrumentation market in the water and wastewater industry in Europe from 2015-2019. The report provides a comprehensive analysis of the instrumentation market, including flow meters, control valves and transmitters.

Key Information Covered in the Report:

  • Key Vendors:
    • ABB Ltd.
    • Emerson Process Management
    • Schneider Electric SE
    • Siemens AG
  • Market Growth Drivers:
    • Increased Need for Energy Efficiency
    • For a full detailed list, view our report.
  • Market Challenges:
    • Maturity of Water and Wastewater Industry
    • For a full detailed list, view our report.
  • Market Trends:

Technavio currently has more than 3000 market research reports on a huge range of topics, including 50+ reports on the automation and instrumentation market:

If you are interested in more information, please contact our media team at media@technavio.com.

Technavio Research
Jes Ellacott
US: +1 630 333 9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com