Press release
Industrial Automation Services Market 2018 Size, Share and Regional Analysis by Key Leaders: General Electric Company, Siemens, Schneider Electric, Yokogawa Electric, OMRON, Danaher Corporation
Industrial Automation Services Market: By Service (Professional Service, Consulting, Training), Solution (Distributed Control System, Programmable Logic Controller, SCADA and Others), End User (Automotive, Manufacturing, Energy & Power) – Global Forecast till 2023
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Major Key Players
The noteworthy competitors in the industrial automation services market are Honeywell International Inc., (U.S.) Siemens AG (German), Mitsubishi Electric (Japan), General Electric Company (U.S.), Rockwell Automation (U.S.), Johnson Controls Inc. (U.S.), Schneider Electric (France), Yokogawa Electric Corporation (Japan), OMRON Corporation (Japan), Samsung Electronics Co., Ltd. (South Korea), Danaher Corporation (U.S.) among others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Industrial Automation Services market.
According to MRFR, The global Industrial Automation Services Market is projected to reach USD 55.60 billion at a CAGR of over 10% by the end of the forecast period 2017-2023.
Industry News and Development
May 2018 Wipro Infrastructure Engineering (WIN) has set up an industrial automation unit to capture a large share of the near $400 million manufacturing automation market in India. Wipro Infrastructure Engineering stated that it had commenced discussion with potential customers and would search for both wholly new industrial automation projects and contracts for automating activities of traditional manufacturing firms.
Oct 2018 Ericsson, a Swedish communication services giant has recently signed a Memorandum of Understanding (MoU) with public sector telecom operator Bharat Sanchar Nigam Limited (BSNL) to make a roadmap for 5G and Internet of Things (IoT) deployments in the nation. The partnership will help BSNL to leverage Ericsson's 5G Center of Excellence to evaluate the benefits of 5G technology in areas like connected healthcare, rural connectivity and industrial automation amongst others.
Competitive Analysis
The industrial automation services market is segmented on the basis of solution, service, and end-user. On the basis of service, the market is segmented into professional service, consulting, system integration services, technical training, and others. On the basis of solution, the market is segmented into programmable logic controller, distributed control system, SCADA and others. On the basis of end user, the industrial automation services market is segmented into manufacturing, transportation and logistics, automotive, chemical, food, energy and power systems, material, and others.
Segmentation:
The Industrial Automation Services Market can be classified into four key segments as follows:
Segmentation by Service: Professional Service, Consulting, Technical Training, and System Integration Services.
Segmentation by Solutions: distributed control system, programmable logic controller, and SCADA.
Segmentation by End-Users: Automotive, Manufacturing, Transportation and Logistics, Chemical, Material, Food, and Energy and Power Systems.
Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.
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Regional Analysis
The region-wise analysis of the industrial automation services market covers regions such as Asia Pacific, Europe, North America, and Rest of the World. It has been noted that the North American region is responsible for the major portion of the market. The Asia Pacific region is anticipated to display maximum growth opportunities, particularly, in India and China. Due to the growing population, manufacturers in the region are using automation systems in their assembling units to recover plant operation and to maintain international standards, reduced cost labor, and skilled workforce.
Intended Audience
• Technology Investors
• Research/Consultancy firms
• Technology Solution Providers
• Government Bodies
• Original Equipment Manufacturers
• Consulting and training service providers
LIST OF TABLES
Table 1 Global Industrial Automation Services Market: By Region, 2017-2023
Table 2 North America Industrial Automation Services: By Country, 2017-2023
Table 3 Europe Telecom Expense Management: By Country, 2017-2023
Table 4 Asia-Pacific Telecom Expense Management: By Country, 2017-2023
Continued…..
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LIST OF FIGURES
FIGURE 1 Global Industrial Automation Services Market segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis of Global Industrial Automation Services Market
FIGURE 4 Value Chain of Global Industrial Automation Services Market
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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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