Abstract
Summary
Global Industrial Automation Services Market Research Report Forecast Till 2026
USD 147.06 billion in 2019
Market Overview
The global industrial automation services market is anticipated to reach USD 264.69 billion by 2026 with the highest CAGR of 8.9% during the forecast period. The fundamental elements driving the development of the industrial automation services market incorporate government approaches supporting the reception of industrial automation, the developing interest for industrial automation in assembling enterprises, and the rising association center around laborer wellbeing. In any case, the high execution costs are relied upon to frustrate the development of the worldwide market. However, the rising development of industrial advanced mechanics and the reception of Industry 4.0 across different ventures are relied upon to introduce worthwhile development openings for the players in the worldwide market.
Industrial automation is on the edge of the technology revolution, traveling through quick innovative changes, embracing new frameworks and systems administration designs, and looking towards interoperability of gadgets and frameworks. The industrial automation services market is affected by the components, for example, market drivers, restrictions, openings, and difficulties.
Market Segmentation
Based on solution, the worldwide industrial automation services market has been classified into an appropriate control framework, programmable rationale regulator, Supervisory Control and Data Acquisition (SCADA), Manufacturing Execution System (MES), Product Lifecycle Management (PLM), and Functional Safety and Plant Asset Management (PAM).
By administration, the worldwide industrial automation services market has been classified into proficient assistance, counseling administration, specialized preparing, framework reconciliation, and others.
By end-use segment, the worldwide industrial automation services market has been sectioned into auto, transportation and coordination, mining and metals, aviation and guard, energy and force frameworks, and others. Regional Analysis
By locale, the industrial automation services market has been classified into North America, Europe, Asia-Pacific, and South America, and the Middle East and Africa. Europe dominated the industrial automation services market in 2019 with a worth of USD 54.30billion and is relied upon to arrive at USD 86.31billion by 2027 at a CAGR of 7.0%. In any case, the market in Asia-Pacific is assessed to witness the most elevated CAGR of
The Asia-Pacific industrial automation services market has been spread across China, Japan, India, and the remainder of Asia-Pacific. The district is relied upon to make scope for the latches market because of an expanded spotlight on improving cycle efficiencies and decreasing creation costs across different industry verticals.
Prominent Players
The major market players of the global industrial automation services market include General Electric Company, Mitsubishi Electric Corporation, Siemens AG, Schneider Electric SE, and ABB Ltd.
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Table of Contents
1 EXECUTIVE SUMMARY 17
1.1 MARKET ATTRACTIVENESS ANALYSIS 19
2 MARKET INTRODUCTION 20
2.1 DEFINITION 20
2.2 SCOPE OF THE STUDY 20
2.3 RESEARCH OBJECTIVE 20
2.4 MARKET STRUCTURE 21
3 RESEARCH METHODOLOGY 22
4 MARKET INSIGHTS 29
5 MARKET DYNAMICS 31
5.1 INTRODUCTION 31
5.2 DRIVERS 32
5.2.1 GOVERNMENT POLICIES SUPPORTING ADOPTION OF INDUSTRIAL AUTOMATION 32
5.2.2 INCREASING DEMAND FOR INDUSTRIAL AUTOMATION IN MANUFACTURING INDUSTRIES 32
5.2.3 GROWING EMPHASIS ON WORKER SAFETY 32
5.3 RESTRAINT 34
5.3.1 HIGH IMPLEMENTATION COSTS 34
5.4 OPPORTUNITY 34
5.4.1 ADVANCEMENTS IN INDUSTRIAL ROBOTICS 34
5.4.2 ADOPTION OF INDUSTRY 4.0 ACROSS VARIOUS INDUSTRIES 35
5.5 IMPACT OF COVID-19 35
5.5.1 IMPACT ON GLOBAL VALUE CHAINS 35
5.5.2 IMPACT ON DEMAND FROM EMERGING ECONOMIES 36
5.5.3 IMPACT OF OVERALL MARKET Y-O-Y FROM 2020 TO 2026 36
6 MARKET FACTOR ANALYSIS 37
6.1 VALUE CHAIN ANALYSIS/SUPPLY CHAIN ANALYSIS 37
6.1.1 INTRODUCTION 37
6.1.2 PARTS & COMPONENTS MANUFACTURERS 37
6.1.3 SOFTWARE DEVELOPERS 38
6.1.4 SYSTEM INTEGRATORS 38
6.1.5 INDUSTRIAL AUTOMATION SERVICE/SOLUTION PROVIDERS 38
6.1.6 END USERS 38
6.2 PORTER’S FIVE FORCES MODEL 39
6.2.1 THREAT OF NEW ENTRANTS 39
6.2.2 BARGAINING POWER OF SUPPLIERS 40
6.2.3 THREAT OF SUBSTITUTES 40
6.2.4 BARGAINING POWER OF BUYERS 40
6.2.5 INTENSITY OF RIVALRY 40
7 GLOBAL INDUSTRIAL AUTOMATION SERVICES MARKET, BY SOLUTION 41
7.1 OVERVIEW 41
7.1.1 GLOBAL INDUSTRIAL AUTOMATION SERVICES MARKET, BY SOLUTION, 2017-2026 (USD BILLION) 42
7.1.2 PROGRAMMABLE LOGIC CONTROLLER (PLC) 42
7.1.3 SUPERVISORY CONTROL & DATA ACQUISTION (SCADA) 42
7.1.4 DISTRIBUTED CONTROL SYSTEM 43
7.1.5 MANUFACTURING EXECUTION SYSTEM (MES) 43
7.1.6 PRODUCT LIFECYCLE MANAGEMENT (PLM) 43
7.1.7 FUNCTIONAL SAFETY 43
7.1.8 PLANT ASSET MANGEMENT (PAM) 43
8 GLOBAL INDUSTRIAL AUTOMATION SERVICES MARKET, BY SERVICE 44
8.1 OVERVIEW 44
8.1.1 GLOBAL INDUSTRIAL AUTOMATION SERVICES MARKET, BY SERVICE, 2017-2026 (USD BILLION) 45
8.1.2 CONSULTING SERVICES 45
8.1.3 SYSTEM INTEGRATION 45
8.1.4 PROFESSIONAL SERVICES 45
8.1.5 TECHNICAL TRAINING 45
8.1.6 OTHERS 46
9 GLOBAL INDUSTRIAL AUTOMATION SERVICES MARKET, BY END USE 47
9.1 OVERVIEW 47
9.1.1 GLOBAL INDUSTRIAL AUTOMATION SERVICES MARKET, BY END USE, 2017-2026 (USD BILLION) 48
9.1.2 AEROSPACE & DEFENSE 48
9.1.3 OTHERS 48
9.1.4 TRANSPORTATION & LOGISTICS 48
9.1.5 AUTOMOTIVE 49
9.1.6 ENERGY & POWER SYSTEMS 49
9.1.7 MINING & METALS 49
10 GLOBAL INDUSTRIAL AUTOMATION SERVICES MARKET, BY REGION 50
10.1 OVERVIEW 50
10.1.1 GLOBAL INDUSTRIAL AUTOMATION SERVICES MARKET, BY REGION, 2019 VS 2026 (USD BILLION) 50
10.1.2 GLOBAL INDUSTRIAL AUTOMATION SERVICES MARKET, BY REGION, 2017-2026 (USD BILLION) 51
10.2 NORTH AMERICA 52
10.2.1 NORTH AMERICA: INDUSTRIAL AUTOMATION SERVICES MARKET, BY COUNTRY, 2017-2026 (USD BILLION) 53
10.2.2 NORTH AMERICA: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SOLUTION, 2017-2026 (USD BILLION) 54
10.2.3 NORTH AMERICA: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SERVICE, 2017-2026 (USD BILLION) 55
10.2.4 NORTH AMERICA: INDUSTRIAL AUTOMATION SERVICES MARKET, BY END USE, 2017-2026 (USD BILLION) 56
10.2.5 US 57
10.2.6 US: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SOLUTION, 2017-2026 (USD BILLION) 57
10.2.7 US: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SERVICE, 2017-2026 (USD BILLION) 58
10.2.8 US: INDUSTRIAL AUTOMATION SERVICES MARKET, BY END USER, 2017-2026 (USD BILLION) 58
10.2.9 CANADA 59
10.2.10 CANADA: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SOLUTION, 2017-2026 (USD BILLION) 59
10.2.11 CANADA: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SERVICE, 2017-2026 (USD BILLION) 60
10.2.12 CANADA: INDUSTRIAL AUTOMATION SERVICES MARKET, BY END USE, 2017-2026 (USD BILLION) 60
10.2.13 MEXICO 61
10.2.14 MEXICO: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SOLUTION, 2017-2026 (USD BILLION) 61
10.2.15 MEXICO: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SERVICE, 2017-2026 (USD BILLION) 62
10.2.16 MEXICO: INDUSTRIAL AUTOMATION SERVICES MARKET, BY END USER, 2017-2026 (USD BILLION) 62
10.3 EUROPE 63
10.3.1 EUROPE: INDUSTRIAL AUTOMATION SERVICES MARKET, BY COUNTRY, 2017-2026 (USD BILLION) 64
10.3.2 EUROPE: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SOLUTION, 2017-2026 (USD BILLION) 65
10.3.3 EUROPE: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SERVICE, 2017-2026 (USD BILLION) 66
10.3.4 EUROPE: INDUSTRIAL AUTOMATION SERVICES MARKET, BY END USE, 2017-2026 (USD BILLION) 67
10.3.5 UK 68
10.3.6 UK: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SOLUTION, 2017-2026 (USD BILLION) 68
10.3.7 UK: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SERVICE, 2017-2026 (USD BILLION) 69
10.3.8 UK: INDUSTRIAL AUTOMATION SERVICES MARKET, BY END USER, 2017-2026 (USD BILLION) 69
10.3.9 GERMANY 70
10.3.10 GERMANY: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SOLUTION, 2017-2026 (USD BILLION) 70
10.3.11 GERMANY: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SERVICE, 2017-2026 (USD BILLION) 71
10.3.12 GERMANY: INDUSTRIAL AUTOMATION SERVICES MARKET, BY END USER, 2017-2026 (USD BILLION) 71
10.3.13 FRANCE 72
10.3.14 FRANCE: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SOLUTION, 2017-2026 (USD BILLION) 72
10.3.15 FRANCE: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SERVICE, 2017-2026 (USD BILLION) 73
10.3.16 FRANCE: INDUSTRIAL AUTOMATION SERVICES MARKET, BY END USER, 2017-2026 (USD BILLION) 73
10.3.17 ITALY 74
10.3.18 ITALY: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SOLUTION, 2017-2026 (USD BILLION) 74
10.3.19 ITALY: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SERVICE, 2017-2026 (USD BILLION) 75
10.3.20 ITALY: INDUSTRIAL AUTOMATION SERVICES MARKET, BY END USER, 2017-2026 (USD BILLION) 75
10.3.21 REST OF EUROPE 76
10.3.22 REST OF EUROPE: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SOLUTION, 2017-2026 (USD BILLION) 76
10.3.23 REST OF EUROPE: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SERVICE, 2017-2026 (USD BILLION) 77
10.3.24 REST OF EUROPE: INDUSTRIAL AUTOMATION SERVICES MARKET, BY END USER, 2017-2026 (USD BILLION) 77
10.4 ASIA-PACIFIC 78
10.4.1 ASIA-PACIFIC: INDUSTRIAL AUTOMATION SERVICES MARKET, BY COUNTRY, 2017-2026 (USD BILLION) 79
10.4.2 ASIA-PACIFIC: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SOLUTION, 2017-2026 (USD BILLION) 80
10.4.3 ASIA-PACIFIC: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SERVICE, 2017-2026 (USD BILLION) 81
10.4.4 ASIA-PACIFIC: INDUSTRIAL AUTOMATION SERVICES MARKET, BY END USE, 2017-2026 (USD BILLION) 82
10.4.5 CHINA 83
10.4.6 CHINA: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SOLUTION, 2017-2026 (USD BILLION) 83
10.4.7 CHINA: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SERVICE, 2017-2026 (USD BILLION) 84
10.4.8 CHINA: INDUSTRIAL AUTOMATION SERVICES MARKET, BY END USER, 2017-2026 (USD BILLION) 84
10.4.9 JAPAN 85
10.4.10 JAPAN: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SOLUTION, 2017-2026 (USD BILLION) 85
10.4.11 JAPAN: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SERVICE, 2017-2026 (USD BILLION) 86
10.4.12 JAPAN: INDUSTRIAL AUTOMATION SERVICES MARKET, BY END USER, 2017-2026 (USD BILLION) 86
10.4.13 INDIA 87
10.4.14 INDIA: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SOLUTION, 2017-2026 (USD BILLION) 87
10.4.15 INDIA: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SERVICE, 2017-2026 (USD BILLION) 88
10.4.16 INDIA: INDUSTRIAL AUTOMATION SERVICES MARKET, BY END USER, 2017-2026 (USD BILLION) 88
10.4.17 REST OF ASIA-PACIFIC 89
10.4.18 REST OF ASIA-PACIFIC: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SOLUTION, 2017-2026
10.4.19 REST OF ASIA-PACIFIC: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SERVICE, 2017-2026
10.4.20 REST OF ASIA-PACIFIC: INDUSTRIAL AUTOMATION SERVICES MARKET, BY END USER, 2017-2026
10.5 MIDDLE EAST & AFRICA 91
10.5.1 MIDDLE EAST & AFRICA: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SOLUTION, 2017-2026
10.5.2 MIDDLE EAST & AFRICA: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SERVICE, 2017-2026
10.5.3 MIDDLE EAST & AFRICA: INDUSTRIAL AUTOMATION SERVICES MARKET, BY END USE, 2017-2026
10.6 SOUTH AMERICA 95
10.6.1 SOUTH AMERICA: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SOLUTION, 2017-2026 (USD BILLION) 96
10.6.2 SOUTH AMERICA: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SERVICE, 2017-2026 (USD BILLION) 97
10.6.3 SOUTH AMERICA: INDUSTRIAL AUTOMATION SERVICES MARKET, BY END USE, 2017-2026 (USD BILLION) 98
11 COMPETITIVE LANDSCAPE 99
11.1 COMPETITIVE BENCHMARKING 100
11.2 VENDOR SHARE ANALYSIS 101
11.3 RECENT DEVELOPMENTS 101
11.3.1 PARTNERSHIPS/AGREEMENTS/CONTRACTS/COLLABORATIONS 101
11.3.2 ACQUISITIONS 101
11.3.3 PRODUCT LAUNCHES/DEVELOPMENTS 102
12 COMPANY PROFILES 103
12.1 SIEMENS AG 103
12.1.1 COMPANY OVERVIEW 103
12.1.2 FINANCIAL OVERVIEW 104
12.1.3 PRODUCTS OFFERED 104
12.1.4 KEY DEVELOPMENTS 105
12.1.5 SWOT ANALYSIS 105
12.1.6 KEY STRATEGIES 105
12.2 ABB LTD 106
12.2.1 COMPANY OVERVIEW 106
12.2.2 FINANCIAL OVERVIEW 107
12.2.3 PRODUCTS OFFERED 108
12.2.4 KEY DEVELOPMENTS 108
12.2.5 SWOT ANALYSIS 109
12.2.6 KEY STRATEGIES 109
12.3 JOHNSON CONTROLS INC 110
12.3.1 COMPANY OVERVIEW 110
12.3.2 FINANCIAL OVERVIEW 111
12.3.3 PRODUCTS OFFERED 112
12.3.4 KEY DEVELOPMENTS 112
12.3.5 SWOT ANALYSIS 113
12.3.6 KEY STRATEGIES 113
12.4 GENERAL ELECTRIC COMPANY 114
12.4.1 COMPANY OVERVIEW 114
12.4.2 FINANCIAL OVERVIEW 114
12.4.3 PRODUCTS OFFERED 115
12.4.4 KEY DEVELOPMENTS 115
12.4.5 SWOT ANALYSIS 115
12.4.6 KEY STRATEGIES 116
12.5 SCHNEIDER ELECTRIC SE 117
12.5.1 COMPANY OVERVIEW 117
12.5.2 FINANCIAL OVERVIEW 118
12.5.3 PRODUCTS OFFERED 118
12.5.4 KEY DEVELOPMENTS 119
12.5.5 SWOT ANALYSIS 119
12.5.6 KEY STRATEGIES 119
12.6 HONEYWELL INTERNATIONAL INC 120
12.6.1 COMPANY OVERVIEW 120
12.6.2 FINANCIAL OVERVIEW 121
12.6.3 PRODUCTS OFFERED 121
12.6.4 KEY DEVELOPMENTS 122
12.6.5 SWOT ANALYSIS 122
12.6.6 KEY STRATEGIES 122
12.7 MITSUBISHI ELECTRIC CORPORATION 123
12.7.1 COMPANY OVERVIEW 123
12.7.2 FINANCIAL OVERVIEW 123
12.7.3 PRODUCTS OFFERED 124
12.7.4 KEY DEVELOPMENTS 124
12.7.5 SWOT ANALYSIS 125
12.7.6 KEY STRATEGIES 125
12.8 YOKOGAWA ELECTRIC 126
12.8.1 COMPANY OVERVIEW 126
12.8.2 FINANCIAL OVERVIEW 127
12.8.3 PRODUCTS OFFERED 127
12.8.4 KEY DEVELOPMENTS 128
12.8.5 SWOT ANALYSIS 128
12.8.6 KEY STRATEGIES 128
12.9 ROCKWELL AUTOMATION, INC 129
12.9.1 COMPANY OVERVIEW 129
12.9.2 FINANCIAL OVERVIEW 130
12.9.3 PRODUCTS OFFERED 130
12.9.4 KEY DEVELOPMENTS 131
12.9.5 SWOT ANALYSIS 131
12.9.6 KEY STRATEGIES 131
12.10 AMETEK INC 132
12.10.1 COMPANY OVERVIEW 132
12.10.2 FINANCIAL OVERVIEW 133
12.10.3 PRODUCTS OFFERED 133
12.10.4 KEY DEVELOPMENTS 134
12.10.5 SWOT ANALYSIS 134
12.10.6 KEY STRATEGIES 134
12.11 OMRON 135
12.11.1 COMPANY OVERVIEW 135
12.11.2 FINANCIAL OVERVIEW 136
12.11.3 PRODUCTS OFFERED 136
12.11.4 KEY DEVELOPMENTS 137
12.11.5 SWOT ANALYSIS 137
12.11.6 KEY STRATEGIES 137
12.12 SAMSUNG ELECTRONICS CO. LTD 138
12.12.1 COMPANY OVERVIEW 138
12.12.2 FINANCIAL OVERVIEW 139
12.12.3 PRODUCTS OFFERED 139
12.12.4 KEY DEVELOPMENTS 140
12.12.5 SWOT ANALYSIS 140
12.12.6 KEY STRATEGIES 140
12.13 HITACHI 141
12.13.1 COMPANY OVERVIEW 141
12.13.2 FINANCIAL OVERVIEW 142
12.13.3 PRODUCTS OFFERED 142
12.13.4 KEY DEVELOPMENTS 143
12.13.5 SWOT ANALYSIS 143
12.13.6 KEY STRATEGIES 143
12.14 DANAHER CORPORATION 144
12.14.1 COMPANY OVERVIEW 144
12.14.2 FINANCIAL OVERVIEW 144
12.14.3 PRODUCTS OFFERED 145
12.14.4 KEY DEVELOPMENTS 145
12.14.5 SWOT ANALYSIS 145
12.14.6 KEY STRATEGIES 146
12.15 FANUC CORPORATION 147
12.15.1 COMPANY OVERVIEW 147
12.15.2 FINANCIAL OVERVIEW 148
12.15.3 PRODUCTS OFFERED 148
12.15.4 KEY DEVELOPMENTS 149
12.15.5 SWOT ANALYSIS 149
12.15.6 KEY STRATEGIES 149