High demand of operation efficient solution by industries, developing IoT and cloud technology, increasing adoption of automation by industrial manufacturer, and increasing demand of safety compliance automation services are some of the factors driving the growth in industrial automation services market globally. However, lack of technical expertise is expected to hinder the market growth in coming years.
Industry News and Development
February 2018 – CIMTEC Automation LLC, and Epson robots has extended their partnership to extend to scope of selling Epson robots and automated products throughout the South-eastern U.S. Epson has announced CIMTEC as their official East Coast repair and maintenance center.
February 2018 – Altizon, a leading industrial IIOT platform company and EVIO Pvt. Ltd., a global industrial automation engineering service provider, partnership to help their clients in accelerating their IIOT projects. The developing industrial automation market is one of the major factor of compelling leading players to invest in the market.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/4823
Major Key Players
Siemens AG (German),
Honeywell International Inc.,(U.S.)
General Electric Company (U.S.),
Johnson Controls Inc.(U.S.),
Samsung Electronics Co., Ltd. (South Korea),
Schneider Electric (France),
Yokogawa Electric Corporation(Japan),
OMRON Corporation (Japan), 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.
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.
The market position analysis is derived by considering various factors such as financial position, segmental R&D investment, brand value, product portfolio, strategy analysis, and key innovations in Industrial Automation Services market. The key strategies traced from the analysis of recent developments of the key players include Product Launch, Agreement & Partnership, Acquisition and expansion. Strategic partnerships between Key players support the growth and expansion plans of the key players during the forecast period. On the product and sales side, companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to support their competitive position.
The global industrial automation services market is segmented by service, solution, and end-user. Based on the service, the market is segmented into professional service, consulting, technical training, system integration services, and others. By the solution, the market is segmented into distributed control system, programmable logic controller, SCADA and others. By the end-user, the market is segmented into automotive, manufacturing, transportation and logistics, chemical, material, food, energy and power systems, and others.
The global industrial automation services market is studied for Asia Pacific, North America, Europe, and Rest of the World. It has been observed that North American region accounts for the largest share of the market. Asia Pacific is expected to show the highest growth opportunities, prominently, in India and China. Owing to increasing population, manufacturers in the region are using automation systems in their assembling units to improve plant operation and to meet international standards, low cost labor and skilled workforce.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/industrial-automation-services-market-4823
- Technology Investors
- Research/Consultancy firms
- Technology Solution Providers
- Government Bodies
- Original Equipment Manufacturers
- Consulting and training service providers
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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.
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar