System Integrator For Industrial Automation Market Analysis 2024-2033 : Forecast Market Size, Top Segments And Largest Region

"The Business Research Company recently released a comprehensive report on the Global System Integrator For Industrial Automation Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

According to The Business Research Company's, The system integrator for industrial automation market size has grown strongly in recent years. It will grow from Customise$39.29 billion in 2023 to $41.61 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. Customise The growth in the historic period can be attributed to industry 4.0 adoption, efficiency and productivity improvement, customization and scalability, cost savings.

The system integrator for industrial automation market size is expected to see steady growth in the next few years. It will grow to Customise$50.13 billion in 2028 at a compound annual growth rate (CAGR) of 4.8%. Customise The growth in the forecast period can be attributed to remote monitoring and control, data analytics and insights, cybersecurity concerns, sustainability initiatives, globalization and market expansion. Major trends in the forecast period include advanced robotics and automation, digital transformation acceleration, AI-driven automation, expansion of industry 4.0 concepts, digital thread implementation.

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Market Drivers and Trends:

The increasing adoption of cloud computing is expected to propel the growth of system integrator for industrial automation market. Cloud computing refers to computing services that are delivered over the internet. The adoption of cloud computing is increasing due to its ability to offer scalable, cost-effective, and flexible computing resources. Cloud computing enables system integrators in the industrial automation sector to provide scalable, flexible, and remotely accessible solutions that facilitate seamless integration, data management, and real-time analytics across diverse industrial processes. For instance, according to, Eurostat, a Luxembourg-based statistical office of the European Union, reported that the adoption of cloud-based solutions in the European Union increased by 4.2% compared to 2021. The share of enterprises buying cloud computing services was exceptionally high among large enterprises, with 77.6% purchasing such services in 2023, an increase of 6% compared with 2021. Further, in 2023, 59% of medium-sized enterprises purchased cloud computing services, compared to 53% in 2021. During the same period, there was a 3.8% increase in the adoption of cloud computing services among small businesses. Therefore, the increasing adoption of cloud computing is driving the growth of system integrator for industrial automation market.

Major companies operating in the system integrator for the industrial automation market are increasing their focus on developing advanced solutions, such as the RCS product line for industrial automation, to gain a competitive edge in the market. The RCS product line is designed to simplify various aspects of robot set-up, health checks, and recovery following collisions. For instance, in May 2023, Renishaw, a UK-based engineering company, launched the RCS product line. The product line, includes the RCS L-90, RCS T-90, and RCS P-series, aims to transform the process of commissioning and servicing industrial automation technologies by addressing challenges associated with manual set-up, calibration, and maintenance of robots, focusing on operational accuracy and repeatability. These products work with Renishaw's robotics and RCS software suite and leverage the company's expertise and technologies in industrial metrology applications.

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Major Key Players of the Market:

Siemens AG, General Electric Company, Asea Brown Boveri Ltd., Cameron International Corporation, Rockwell Automation Inc., Automation Tooling Systems Inc., Wood Group Mustang Inc., Burrow Global LLC, Wunderlich Malec Engineering Inc., Barry-Wehmiller Design Group, Avanceon Limited, JR Automation Technologies LLC, Optimation Technology Inc., Intech process Automation Inc., Prime Controls L.P., Maverick Technologies LLC, Mangan Inc., Tesco Controls Inc., CEC Controls, Champion Technology Services Inc., Hallam-ICS Inc., mCloud Technologies, Matrix TechnologiesCustomise

System Integrator For Industrial Automation Market 2024 Key Insights:

• The System Integrator For Industrial Automation Market is expected to grow to $50.13 billion in 2028 at a compound annual growth rate (CAGR) of 4.8%.
• CustomiseRapid Adoption Of Cloud Computing Fuels Growth Of System Integrators For Industrial Automation MarketCustomise
• CustomiseRenishaw's RCS Product Line Revolutionizes Industrial Automation With Enhanced Robot Set-up And Maintenance CapabilitiesCustomise
• CustomiseNorth AmericaCustomise was the largest region in the system integrator for industrial automation market in 2023. CustomiseAsia-PacificCustomise is expected to be the fastest-growing region in the forecast period. The regions covered in the system integrator for industrial automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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