Europe Remote Monitoring And Control Market Size & Outlook
- Enterprise Technology & Automation
- Cybersecurity & Digital Risk
- Remote Monitoring and Control Market Outlook
- Cybersecurity & Digital Risk
Europe Remote Monitoring And Control Market, 2018-2030 (US$M)
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Europe remote monitoring and control market highlights
- The Europe remote monitoring and control market generated a revenue of USD 6,613.7 million in 2024.
- The market is expected to grow at a CAGR of 5.9% from 2025 to 2030.
- In terms of segment, solutions was the largest revenue generating type in 2024.
- Solutions is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 6,613.7 million |
| Market revenue in 2030 | USD 9,224.5 million |
| Growth rate | 5.9% (CAGR from 2025 to 2030) |
| Largest segment | Solutions |
| Fastest growing segment | Solutions |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solutions, Field Instruments |
| Key market players worldwide | General Electric, Rockwell Automation Inc, Siemens AG, Emerson Electric Co, Hitachi Ltd, Schneider Electric SE, John Wood Group Plc, Ingersoll Rand Inc, Atlas Copco AB Class A, Fuji Electric Co Ltd, Yokogawa |
Other key industry trends
- In terms of revenue, Europe region accounted for 27.7% of the global remote monitoring and control market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 13,336.1 million by 2030.
The automation and digitalization trends across sectors, such as Oil and Gas, Power Generation, and Manufacturing, are majorly driving advanced remote monitoring technologies. As countries within Europe have taken steps towards efficient operations, environment compliance, and cost saving, remote monitoring technology has turned out to be the key facilitator.
Investment in the remote monitoring for safety and to ensure minimal downtime, companies in the Oil and Gas sector like Royal Dutch Shell and BP have also invested in monitoring offshore drilling operations and pipeline systems. For companies in the Power Generation industry such as EDF Energy and Siemens Energy, it is about installing remote monitoring solutions to handle renewable energy systems as well as maintain grid reliability amidst the cleanest energy revolution currently sweeping through Europe.
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Publish Date: Feb 19, 2025
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Remote Monitoring And Control Market Scope
Remote Monitoring And Control Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hitachi Ltd | View profile | 322,525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | www.hitachi.com |
| Schneider Electric SE | View profile | 162,339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | www.se.com |
| Siemens AG | View profile | 321,000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | www.siemens.com |
| Rockwell Automation Inc | View profile | 29,000 | 1201 South Second Street, Milwaukee, WI, United States, 53204 | www.rockwellautomation.com |
| Emerson Electric Co | View profile | 67,000 | 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 | www.emerson.com |
| Fuji Electric Co Ltd | View profile | 30,123 | Gate City Ohsaki, East Tower, 11-2, Osaki 1-chome, Shinagawa-ku, Tokyo, Japan, 141-0032 | www.fujielectric.co.jp |
| Ingersoll Rand Inc | View profile | 18,000 | 525 Harbour Place Drive, Suite 600, Davidson, NC, United States, 28036 | www.irco.com |
| Atlas Copco AB Class A | View profile | 53,728 | Sickla Industrivag 19, Nacka, Stockholm, Sweden, SE-105 23 | www.atlascopcogroup.com |
| John Wood Group Plc | View profile | 35,000 | Hareness Road, Sir Ian Wood House, Altens Industrial Estate, Aberdeen, United Kingdom, AB12 3LE | www.woodplc.com |
| General Electric | View profile | 10001+ | Boston, Massachusetts, United States, North America | www.ge.com |
Europe Remote Monitoring and Control Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Remote Monitoring and Control Market Outlook will help companies and investors design strategic landscapes.
Solutions was the largest segment with a revenue share of 72.8% in 2024.
Horizon Databook has segmented the Europe remote monitoring and control market based on solutions, field instruments covering the revenue growth of each sub-segment from 2018 to 2030.
The automation and digitalization trends across sectors, such as Oil and Gas, Power Generation, and Manufacturing, are majorly driving advanced remote monitoring technologies. As countries within Europe have taken steps towards efficient operations, environment compliance, and cost saving, remote monitoring technology has turned out to be the key facilitator.
Investment in the remote monitoring for safety and to ensure minimal downtime, companies in the Oil and Gas sector like Royal Dutch Shell and BP have also invested in monitoring offshore drilling operations and pipeline systems. For companies in the Power Generation industry such as EDF Energy and Siemens Energy, it is about installing remote monitoring solutions to handle renewable energy systems as well as maintain grid reliability amidst the cleanest energy revolution currently sweeping through Europe.
- Europe Remote Monitoring And Control Market Type Outlook (Revenue, USD Million , 2018-2030)
- Solutions
- Field Instruments
- Europe Remote Monitoring And Control Market Industry Outlook (Revenue, USD Million , 2018-2030)
- Oil and Gas
- Power Generation
- Chemicals
- Water and Wastewater
- Pulp and Paper
- Metals and Mining
- Food and Beverages
- Pharmaceuticals
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Remote Monitoring and Control Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Remote Monitoring and Control Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Europe Remote Monitoring And Control Market, 2018-2030 (US$M)
Europe remote monitoring and control market statistics, by type, 2018-2030 (US$M)
