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Automation aftermarket services and outsourcing market in APAC to grow at a CAGR of 12.18% over the period 2014-2019

04-10-2017 03:08 PM CET | Associations & Organizations

Press release from: MarketResearchReports.biz

Automation aftermarket services and outsourcing market in APAC

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.

Technavio's analysts forecast the automation aftermarket services and outsourcing market in APAC to grow at a CAGR of 12.18% over the period 2014-2019.

Covered in this report
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

Key region
APAC

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
Omron
SAP
Schneider Electric
Toshiba International
Werum Software & Systems
Wood Group Mustang
Yokogawa Electric
Zenith Technologies

Key market driver
Growing need for automation
For a full, detailed list, view our report

Key market challenge
Need for technical expertise
For a full, detailed list, view our report

Key market trend
Growing MAC concept
For a full, detailed list, view our report

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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