Press release
Industrial Automation Services Market 2018 Global Key Leaders: Honeywell International, General Electric Company, Johnson Controls, Danaher Corporation, Samsung Electronics
Industry News and Development
February 2018 – CIMTEC Automation LLC, and Epson robots has extended their partnership to extend to scope of selling Epson robots and automated products throughout the South-eastern U.S. Epson has announced CIMTEC as their official East Coast repair and maintenance center.
February 2018 – Altizon, a leading industrial IIOT platform company and EVIO Pvt. Ltd., a global industrial automation engineering service provider, partnership to help their clients in accelerating their IIOT projects. The developing industrial automation market is one of the major factor of compelling leading players to invest in the market.
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Market Scenario:
Industrial automation services refers to methods used for controlling industrial process automatically by means of electronically controlled systems.
Technology giants such as Siemens AG (Germany), Honeywell International Inc.,(U.S.), General Electric Company (U.S.), Mitsubishi Electric(Japan) and others.
Siemens AG is one the prominent players in the industrial automation services market. It offers automation services to various industrial verticals such as building technologies, energy and power, healthcare and others. Furthermore, it offers services such as maintenance of automation system, industrial communication, industry software, power supplies, and process automation.
Major factors driving the industrial automation services market include demand for operational efficiency, rapidly growing SMES, emerging technology such as Internet of Things(IoT) and cloud-based automation, growing demand for smart factories, mass customization, supply chain synchronization, integration of systems, advancement in the M2M communication technology. However, factors such as lack of trained professions and high installation and maintenance cost msy slow the market growth.
Key Players:
Some of the prominent players in the global industrial automation services market: Siemens AG (German),Honeywell International Inc.,(U.S.) General Electric Company (U.S.), Mitsubishi Electric(Japan), Rockwell Automation(U.S.), Johnson Controls Inc.(U.S.), Samsung Electronics Co., Ltd. (South Korea), Schneider Electric (France), Yokogawa Electric Corporation(Japan), OMRON Corporation (Japan), Danaher Corporation (U.S.) among others.
Segments:
The global industrial automation services market is segmented by service, solution, and end-user. Based on the service, the market is segmented into professional service, consulting, technical training, system integration services, and others. By the solution, the market is segmented into distributed control system, programmable logic controller, SCADA and others. By the end-user, the market is segmented into automotive, manufacturing, transportation and logistics, chemical, material, food, energy and power systems, and others.
Intended Audience
Technology Investors
Research/Consultancy firms
Technology Solution Providers
Government Bodies
Original Equipment Manufacturers
Consulting and training service providers
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Regional Analysis:
The global industrial automation services market is studied for Asia Pacific, North America, Europe, and Rest of the World. It has been observed that North American region accounts for the largest share of the market. Asia Pacific is expected to show the highest growth opportunities, prominently, in India and China. Owing to increasing population, manufacturers in the region are using automation systems in their assembling units to improve plant operation and to meet international standards, low cost labor and skilled workforce.
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