The UK Industrial Process Automation Market by Component (MES, DCS, PLC, SCADA, Field Instruments, Industrial Robots, Human Machine Interface, Industrial PCS, Process Analyzers and Drivers, and Other Component), and by Industry Vertical (Oil and Gas, Chemicals and Refining, Energy and Power, Pulp and Paper, Metals and Mining, Pharma, and Other Industry Vertical) – Opportunity Analysis and Industry Forecast, 2024–2030
Industry: Semiconductor & Electronics | Publish Date: 10-Sep-2024 | No of Pages: 118 | No. of Tables: 90 | No. of Figures: 34 | Format: PDF | Report Code : SE990
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Market Overview
The UK Industrial Process Automation Market size was valued at USD 4.35 billion in 2023 and is predicted to reach USD 5.94 billion by 2030, registering a CAGR of 4.3% from 2024 to 2030. The UK industrial process automation market includes a wide array of technologies and systems designed to enhance the efficiency, reliability, and quality of industrial processes. These solutions automate control and monitoring tasks, thereby reducing human intervention, minimizing errors, and optimizing production processes. Key components include programmable logic controllers (PLCs), distributed control systems (DCS), supervisory control and data acquisition (SCADA) systems, human-machine interfaces (HMIs), manufacturing execution systems (MES), instrumentation, sensors, and industrial robots.
The market spans diverse applications across various industrial sectors, such as manufacturing, energy, oil & gas, chemicals, pharmaceuticals, food and beverage, and utilities among others. Thus, the market is driven by the need for improved operational efficiency, advancements in technologies such as the Industrial Internet of Things (IIoT) and artificial intelligence (AI), and a heightened focus on quality, safety, and regulatory compliance.
Rising Safety and Efficiency in the UK Oil & Gas Industry Propels the Market Growth
The growing implementation of industrial process automation in the oil and gas sector significantly enhances operational safety by reducing human exposure to hazardous environments, thereby decreasing the possibility of accidents. This trend also streamlines exploration, drilling, and production processes, resulting in better output and adherence to stringent environmental and safety regulations.
According to the UK Extractive Industries Transparency Initiative (EITI), the value of oil production in the UK declined from USD 27,098 million in 2022 to USD 20,849 million in 2023, reflecting a notable decrease of around 23% year-over-year, which highlights the volatility and challenges faced by the UK oil industry during this period.
Additionally, major key players including ABB and Emerson are adopting various business strategies, including product launches, to foster the growth of the UK industrial process automation market trends. For example, in July 2023, ABB unveiled an expanded range of remote input/output controllers, known as the XIO series, aimed at enhancing digital capabilities in oil and gas operations. This series includes models such as the XIO-08, XIO-04, and XIO-00, which are part of the ABB Remote Module Controller (RMC) family.
The XIO series is engineered to boost operational efficiency by facilitating real-time monitoring and control, improving data accessibility, and ensuring data integrity. The incorporation of advanced automation technologies, including the XIO series, is profoundly transforming industrial process automation in the UK oil sector, leading to enhanced efficiency, safety, and responsiveness to market demands.
Increasing Industrial Process Automation in Power and Energy Sector Drives the Market Growth
The growing use of industrial process automation in the UK's power and energy grids enhances the ability to align battery storage with electricity demand, thereby optimizing the utilization of renewable energy sources. This advancement decreases dependence on fossil fuels and promotes a more sustainable and efficient energy system by ensuring a stable and reliable electricity supply through improved responsiveness to variations in renewable energy generation.
For instance, in December 2023, the UK's National Grid ESO began implementing automation to synchronize battery storage with electricity demand, aiming to maximize renewable energy use and lessen reliance on fossil fuels. This initiative is part of the broader efforts to transition to a more sustainable energy framework. Through automating the matching of battery storage to power demand, the grid operators respond more swiftly to changes in renewable energy generation, ensuring a consistent and dependable electricity supply.
Additionally, the UK government launched a new public clean power company, Great British Energy, as part of its legislative agenda for 2025, focusing on enhancing renewable energy development, particularly in offshore wind projects. Furthermore, SSEN (Scottish and Southern Electricity Networks) developed a grid connection for an 18 GW pumped storage hydro project in the UK, aimed at bolstering the country's energy storage capabilities and facilitating the shift towards renewable energy sources.
Growing Demand for Industrial Process Automation in Chemical Industry Fuels the UK Industrial Process Automation Market Growth
The increasing demand for industrial process automation in the chemicals industry is propelling the adoption of advanced control systems that improve precision and consistency in chemical processes. This enhanced precision allows for meticulous regulation of variables such as temperature, pressure, and flow, resulting in uniform product quality and reduced variability. Consequently, automation minimizes human error, leading to fewer defects, improved safety, and greater production efficiency. The result is a more reliable and consistent output, which is crucial for meeting stringent industry standards and customer expectations.
According to a report from the European Chemical Industry Council, UK chemical output rose by 5.3% in 2020 and 3.7% in 2021, primarily driven by a shift in consumer demand toward goods and increased pharmaceutical needs. However, by September 2022, output fell by 11.7% compared to January 2022, reflecting a downturn influenced by rising energy costs and other challenges. In 2021, the UK chemical industry generated a turnover of USD 101.36 billion, with exports surpassing USD 72.79 billion and contributing USD 41.38 billion to the economy. It remains the second-largest manufacturing sector in the UK, following machinery and transport equipment.
Economic Downturn and High Upfront Cost for Implementing Industrial Process Automation Restrains the UK Industrial Process Automation Market Expansion
Economic uncertainty, such as a recession, creates an unstable investment and growth environment by limiting consumer demand, increasing financial risks, and restricting access to capital. The UK economy unexpectedly shrank in August 2022, strengthening predictions that it would fall into a recession. It shrank by 0.3% between October and December, following a previous decline from July to September for the year 2022. However, the UK economy rebounded from recession in the first quarter of 2024, experiencing its fastest growth in two years. Despite this recovery, ongoing economic stability is essential to fully restore confidence and promote sustained growth.
Moreover, in the UK, small and medium-sized enterprises (SMEs) face considerable financial challenges when it comes to implementing advanced industrial process automation systems. The high upfront costs associated with acquiring, deploying, and integrating these technologies create a significant barrier for many businesses, particularly those operating with limited financial resources. As a result, this financial obstacle greatly restricts the widespread adoption of automation technologies among UK SMEs.
Integration of Artificial Intelligence in UK Industrial Process Automation Creates Growth Opportunity
The incorporation of artificial intelligence (AI) in industrial process automation enhances predictive maintenance capabilities and optimizes process control, resulting in improved efficiency and operational performance. This advancement enables more informed decision-making by analyzing complex data patterns and trends. For example, in July 2024, ABB launched a new campaign titled "Do More with Digital" aimed at accelerating digitalization in process industries. This initiative emphasizes enhancing productivity, safety, and sustainability through digital solutions, underscoring ABB's commitment to helping organizations leverage digital technologies to optimize operations and drive innovation.
Furthermore, ABB collaborated with clients in the process industries for many years, assisting in the implementation of digital solutions such as advanced process control (APC), energy management systems (EMS), and manufacturing execution systems (MES). These collaborations have contributed to improved operational efficiency and performance in the process industries.
By Component, DCS Dominates the UK Industrial Process Automation Market Share
DCS holds approximately 30% of the UK industrial process automation market. These are advanced automation solutions designed to manage and regulate intricate industrial processes across multiple locations. These systems utilize a network of interconnected controllers that communicate seamlessly with field devices, including sensors and actuators, enabling centralized monitoring and control. DCS are widely adopted in various industries, such as oil and gas, chemicals, power generation, and petrochemicals, due to their ability to optimize process efficiency and ensure safety.
By Industry Vertical, Energy and Power, Holds the Highest CAGR of 6.7%
Energy and power industry is expected for significant growth, with a projected CAGR of 6.7%, driven by the need for efficient energy management, predictive maintenance of equipment, and the integration of renewable energy sources. Automation in this sector helps in optimizing energy usage, reducing downtime, and ensuring the reliability of power supply systems. Additionally, automated systems further support the power demand by adjusting the supply of electrical power in real-time, while improving the stability and reliability of the power grid.
Competitive Landscape
The promising key players operating in the UK industrial process automation industry include Schneider Electric SE, Siemens AG, Fanuc Corporation, Mitsubishi Electric Corporation, Toshiba Corporation, Omron Corporation, ABB Ltd., Rockwell Automation, Inc., Honeywell International Inc., and Emerson Electric Co., among others. Other companies include Yokogawa Electric, Endress+Hauser, Valmet OYJ, Dwyer Instruments Inc., and others.
These companies are engaged in various partnership, product launches, and acquisition across various regions to maintain their dominance in the market.
|
Date |
Company |
Recent Developments |
|
June 2024 |
Honeywell International Inc. |
Honeywell launched the Battery Manufacturing Excellence Platform (Battery MXP), an AI-powered software solution designed to optimize large-scale battery manufacturing. This platform aims to reduce cell manufacturing costs, compress production ramp-up cycles, and cut material waste by 60% at startup. |
|
June 2024 |
Schneider Electric SE |
Schneider Electric UK launched the Altivar Soft Starter ATS130, a new advanced soft motor starter designed for OEMs, machine builders, and panel builders. The ATS130 is suitable for a wide range of applications, including pumps, fans, and compressors in industries such as water treatment plants, HVAC systems, mining operations, and manufacturing facilities. |
|
April 2024 |
Rockwell Automation |
Rockwell Automation launched the FLEXLINE 3500 Motor Control Centre (MCC) to provide real-time operational and diagnostic data for critical equipment. The intelligent devices in the MCC bring significant benefits such as reducing unplanned downtime, lowering maintenance and energy costs, increasing production throughput, improving plant and personnel safety. |
|
April 2024 |
ABB Ltd. |
ABB Robotics partnered with UK-based tech start-up Automated Architecture (AUAR) to launch automated micro-factories designed for construction of affordable, sustainable homes from plywood. This partnership aims to deploy robots within the micro-factories to automate the production of energy-efficient homes using sheet timber. |
|
April 2024 |
Fanuc Corporation |
Fanuc UK partnered with Loop Technology to sign a deal for the largest industrial robots ever ordered in the UK. These robots are designed to handle substantial workloads and are expected to significantly boost productivity and efficiency in manufacturing operations. |
|
April 2024 |
Mitsubishi Electric Corporation |
Mitsubishi partnered with Extend Robotics to enhance industrial automation in the UK. This collaboration introduces Extend Robotics' Advanced Mechanics Assistance System (AMAS), that uses VR technology to enable remote control of robots in non-uniform manufacturing tasks. |
|
February 2024 |
Emerson Electric Co. |
Emerson launched its boundless automation architecture designed to break down data silos, liberate data, and unleash the power of software in industrial manufacturing. This modern, software-defined automation architecture aims to push more computing power closer and establish a blueprint for a modern industrial computing environment. |
|
April 2023 |
Emerson Electric Co. |
Emerson acquired National Instruments (NI) for USD 60 per share in cash, amounting to an equity value of USD 8.2 billion. This acquisition aims to enhance Emerson's automation capabilities and expand its portfolio into new markets such as semiconductors, electronics, transportation, and aerospace and defense. |
The UK Industrial Process Automation Market Key Segments
By Component
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MES
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Hardware
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Software
-
Services
-
-
DCS
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Hardware
-
Software
-
Services
-
-
PLC
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Hardware
-
Software
-
Services
-
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SCADA
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Hardware
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Software
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Services
-
-
Field Instruments
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Industrial Robots
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Human Machine Interface
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Industrial PCS
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Process Analyzers and Drivers
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Other Component
By Industry Vertical
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Oil and Gas
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Chemicals and Refining
-
Energy and Power
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Pulp and Paper
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Metals and Mining
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Pharma
- Other Industry Vertical
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size in 2023 |
USD 4.35 Billion |
|
Revenue Forecast in 2030 |
USD 5.94 Billion |
|
Growth Rate |
CAGR of 4.3% from 2024 to 2030 |
|
Analysis Period |
2023–2030 |
|
Base Year Considered |
2023 |
|
Forecast Period |
2024–2030 |
|
Market Size Estimation |
Billion (USD) |
|
Growth Factors |
|
|
Companies Profiled |
10 |
|
Market Share |
Available for 10 companies |
|
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
Key players
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Schneider Electric SE
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Siemens AG
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Fanuc Corporation
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Mitsubishi Electric Corporation
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Toshiba Corporation
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Omron Corporation
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ABB Ltd.
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Rockwell Automation, Inc.
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Honeywell International Inc.
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Emerson Electric Co.
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