France Operational Technology Market Size & Outlook
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France operational technology market highlights
- The France operational technology market generated a revenue of USD 9,078.1 million in 2023 and is expected to reach USD 18,022.8 million by 2030.
- The France market is expected to grow at a CAGR of 10.3% from 2024 to 2030.
- In terms of segment, computer numerical control was the largest revenue generating component in 2023.
- Building Management System is the most lucrative component segment registering the fastest growth during the forecast period.
Operational technology market data book summary
| Market revenue in 2023 | USD 9,078.1 million |
| Market revenue in 2030 | USD 18,022.8 million |
| Growth rate | 10.3% (CAGR from 2023 to 2030) |
| Largest segment | Computer numerical control |
| Fastest growing segment | Building Management System |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Supervisory Control and Data Acquisition, Distributed Control System, Manufacturing Execution System Market, Functional Safety, Building Management System, Plant Asset Management, Variable Frequency Drives, Computer Numerical Control |
| Key market players worldwide | ABB Ltd, Emerson Electric Co, GE Aerospace, Hitachi Ltd, Honeywell International Inc, International Business Machines Corp, OMRON Corp, Rockwell Automation Inc, Siemens AG, Schneider Electric SE |
Other key industry trends
- In terms of revenue, France accounted for 4.8% of the global operational technology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany operational technology market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 18,022.8 million by 2030.
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Operational Technology Market Scope
Operational Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Emerson Electric Co | View profile | 67000 | 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 | https://www.emerson.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Rockwell Automation Inc | View profile | 29000 | 1201 South Second Street, Milwaukee, WI, United States, 53204 | https://www.rockwellautomation.com |
| GE Aerospace | View profile | 125000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | https://www.geaerospace.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| OMRON Corp | View profile | 28034 | Shiokoji Horikawa, Shimogyo-ku, Kyoto, Japan, 600-8530 | http://www.omron.co.jp |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
France operational technology 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 operational technology market will help companies and investors design strategic landscapes.
Computer numerical control was the largest segment with a revenue share of 32.92% in 2024. Horizon Databook has segmented the France operational technology market based on supervisory control and data acquisition, distributed control system, manufacturing execution system market, functional safety, building management system, plant asset management, variable frequency drives, computer numerical control covering the revenue growth of each sub-segment from 2018 to 2030.
France's emphasis on cybersecurity in critical infrastructure generates a demand for robust operational technology security solutions. In specific sectors such as manufacturing and aerospace, advanced operational technology is employed for optimizing production, predictive maintenance, quality control, and real-time monitoring.
France's growth in the operational technology market is driven by strategic partnerships and a commitment to innovation. For instance, in January 2024, Air France KLM Marti nair Cargo selected Sky Cell AG, a purpose-led technology company, as its preferred unit load device tracking partner.
The company aims to utilize advanced operational technology solutions for real-time visibility and operational efficiency through the deployment of IoT technology across its ULD fleet.
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Our clientele includes a mix of operational technology market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the France operational technology market, including forecasts for subscribers. This country databook contains high-level insights into France operational technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France operational technology market report size, by component, 2018-2030 (US$M)
France Operational Technology Market Share, 2024 & 2030 (US$M)
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