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System Integrator Market - Overview On Ongoing Trends 2032

02-24-2023 02:51 PM CET | IT, New Media & Software

Press release from: REPORTS PUBLISHER

System Integrator Market - Overview On Ongoing Trends 2032

System integrator market for industrial automation size is to anticipated to be USD 35.5 billion by 2027 growing at a CAGR of 5.6% during the forecast period. Factors such as increasing demand for automation to increase productivity and increasing adoption of cloud computing technology and predictive maintenance system to prevent system failure are fuelling the market growth.

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System Integrator Market for Industrial Automation Dynamics
Driver: Rising demand for low-cost, energy-efficient production processes
The efficiency of a manufacturing process is measured by the rate of response to unpredictable changes in demand and resource availability. Automation is the key for manufacturers to adapt to a changing global economy. Automation systems offer significant flexibility against the growing demand for energy savings, high productivity, quality, dynamic market demand, the capability of collaborating processes, and regulatory compliance.

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The IIoT segment is estimated to account for the largest share of ~31% of the system integrator market for industrial automation in 2022. The global manufacturing vertical is transforming due to the introduction of new technologies such as smart factories, intelligent robotics, and cyber-physical systems. Governments of various countries such as Germany, France, the UK, China, and India have taken several initiatives to develop their manufacturing verticals. These factors are encouraging manufacturers to increase their investments in the adoption of IIoT solutions, which is expected to drive the system integrator market for the IIoT segment.

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Key Market Players:
The key players in the system integrator market for industrial automation are John Wood Group PLC (UK), ATS Automation (Canada), Avanceon Limited (US), JR Automation (US), Tesco Controls, Inc. (US), Burrow Global LLC (US), Prime Controls LP (US), MAVERICK Technologies (US), Barry-Wehmiller Design Group (US), and INTECH Process Automation (US).

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REPORTS PUBLISHER is a market research and consultative company that provides market research reports and business insights to large and small & medium enterprises. The company supports its clients to conceive business policies and accomplish sustainable growth in their particular market domain.

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