Press release
Automation Aftermarket Services and Outsourcing Market in APAC region to grow at a CAGR of 12.18% over 2015-2019
Albany, NY, Nov 11: Industrial automation refers to automating a plants facilities and machineries using control and monitoring products such as drives, actuators, PLC, SCADA, and DCS. In plants, automation helps reduce human intervention in repeated operations, increase process efficiency, and aid in effective monitoring and control. Industries such as automotive, oil and gas, power, chemical, and food and beverage are the major end-users of automation solutions to increase their productivity and efficiency. End-users either introduce automation solutions and get aftermarket support from a single source vendor or go for outsourcing for all their automation needs based on their requirements and budgetary allocations. The outsourcing activity involves all the operations from consulting services to spare parts management.The automation aftermarket services and outsourcing market in APAC to grow at a CAGR of 12.18% over the period 2014-2019. This report covers the present scenario and the growth prospects of the automation aftermarket services and outsourcing market in APAC for the period 2015-2019. To calculate the market size, the report considers revenue generated from the different service types. The report also presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the market. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market
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Key vendors
- ABB
- Honeywell
- Rockwell Automation
- Siemens
Other prominent vendors
- Applied Material
- Apriso
- Aspen Technologies
- Beckhoff Automation
- Camstar Systems
- Control Systems International
- DNR Process Solutions
- Emerson Electric
- Excel Macro Industrial Systems
- Eyelite
- GE
- Invensys
- Metso
- Miracom
- Mitsubishi Heavy Industries
- National Instruments...................
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Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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