Industrial Automation Services Market 2023-2027
Technavio has been monitoring the industrial automation services market and is forecast to grow by USD 74.36 bn during 2022-2027, accelerating at a CAGR of 17.66% during the forecast period. Our report on the industrial automation services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing need for main automation contractors, increasing focus on predictive maintenance, and increasing plant complexities.
Technavio's industrial automation services market is segmented as below:
By Type
PE
Maintenance and support
OS
Consulting
By End-user
Discrete industries
Process industries
By Geography
APAC
North America
Europe
Middle East and Africa
South America
This study identifies the value chain integration by automation solution providers as one of the prime reasons driving the industrial automation services market growth during the next few years. Also, the virtualization of automation control systems and the growing implementation of software as a service will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the industrial automation services market covers the following areas:
Industrial automation services market sizing
Industrial automation services market forecast
Industrial automation services market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial automation services market vendors that include ABB Ltd., Beckhoff Automation GmbH and Co. KG, Eaton Corp. Plc, Emerson Electric Co., Endress Hauser Group Services AG, Epicor Software Corp., Fuji Electric Co. Ltd., General Electric Co., Hitachi Ltd., Honeywell International Inc., Infineon Technologies AG, Keyence Corp., OMRON Corp., R and L Engineering Inc., Rockwell Automation Inc., SARO Automation, Schneider Electric SE, Siemens AG, The EPIC Systems Group LLC, and Yokogawa Electric Corp. Also, the industrial automation services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
- Executive Summary
- Market overview
- Table Executive Summary - Chart on Market Overview
- Table Executive Summary - Data Table on Market Overview
- Table Executive Summary - Chart on Global Market Characteristics
- Table Executive Summary - Chart on Market by Geography
- Table Executive Summary - Chart on Market Segmentation by Type
- Table Executive Summary - Chart on Market Segmentation by End-user
- Table Executive Summary - Chart on Incremental Growth
- Table Executive Summary - Data Table on Incremental Growth
- Table Executive Summary - Chart on Vendor Market Positioning
- Market overview
- Market Landscape
- Market ecosystem
- Table Parent market
- Table Market Characteristics
- Market ecosystem
- Market Sizing
- Market definition
- Table Offerings of vendors included in the market definition
- Market segment analysis
- Table Market segments
- Market size 2022
- Market outlook: Forecast for 2022-2027
- Table Chart on Global - Market size and forecast 2022-2027 ($ billion)
- Table Data Table on Global - Market size and forecast 2022-2027 ($ billion)
- Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
- Market definition
- Historic Market Size
- Global industrial automation services market 2017 - 2021
- Table Historic Market Size - Data Table on Global industrial automation services market 2017 - 2021 ($ billion)
- Type Segment Analysis 2017 - 2021
- Table Historic Market Size - Type Segment 2017 - 2021 ($ billion)
- End-user Segment Analysis 2017 - 2021
- Table Historic Market Size - End-user Segment 2017 - 2021 ($ billion)
- Geography Segment Analysis 2017 - 2021
- Table Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
- Country Segment Analysis 2017 - 2021
- Table Historic Market Size - Country Segment 2017 - 2021 ($ billion)
- Global industrial automation services market 2017 - 2021
- Five Forces Analysis
- Five forces summary
- Table Five forces analysis - Comparison between 2022 and 2027
- Bargaining power of buyers
- Table Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
- Bargaining power of suppliers
- Table Bargaining power of suppliers - Impact of key factors in 2022 and 2027
- Threat of new entrants
- Table Threat of new entrants - Impact of key factors in 2022 and 2027
- Threat of substitutes
- Table Threat of substitutes - Impact of key factors in 2022 and 2027
- Threat of rivalry
- Table Threat of rivalry - Impact of key factors in 2022 and 2027
- Market condition
- Table Chart on Market condition - Five forces 2022 and 2027
- Five forces summary
- Market Segmentation by Type
- Market segments
- Table Chart on Type - Market share 2022-2027 (%)
- Table Data Table on Type - Market share 2022-2027 (%)
- Comparison by Type
- Table Chart on Comparison by Type
- Table Data Table on Comparison by Type
- PE - Market size and forecast 2022-2027
- Table Chart on PE - Market size and forecast 2022-2027 ($ billion)
- Table Data Table on PE - Market size and forecast 2022-2027 ($ billion)
- Table Chart on PE - Year-over-year growth 2022-2027 (%)
- Table Data Table on PE - Year-over-year growth 2022-2027 (%)
- Maintenance and support - Market size and forecast 2022-2027
- Table Chart on Maintenance and support - Market size and forecast 2022-2027 ($ billion)
- Table Data Table on Maintenance and support - Market size and forecast 2022-2027 ($ billion)
- Table Chart on Maintenance and support - Year-over-year growth 2022-2027 (%)
- Table Data Table on Maintenance and support - Year-over-year growth 2022-2027 (%)
- OS - Market size and forecast 2022-2027
- Table Chart on OS - Market size and forecast 2022-2027 ($ billion)
- Table Data Table on OS - Market size and forecast 2022-2027 ($ billion)
- Table Chart on OS - Year-over-year growth 2022-2027 (%)
- Table Data Table on OS - Year-over-year growth 2022-2027 (%)
- Consulting - Market size and forecast 2022-2027
- Table Chart on Consulting - Market size and forecast 2022-2027 ($ billion)
- Table Data Table on Consulting - Market size and forecast 2022-2027 ($ billion)
- Table Chart on Consulting - Year-over-year growth 2022-2027 (%)
- Table Data Table on Consulting - Year-over-year growth 2022-2027 (%)
- Market opportunity by Type
- Table Market opportunity by Type ($ billion)
- Table Data Table on Market opportunity by Type ($ billion)
- Market segments
- Market Segmentation by End-user
- Market segments
- Table Chart on End-user - Market share 2022-2027 (%)
- Table Data Table on End-user - Market share 2022-2027 (%)
- Comparison by End-user
- Table Chart on Comparison by End-user
- Table Data Table on Comparison by End-user
- Discrete industries - Market size and forecast 2022-2027
- Table Chart on Discrete industries - Market size and forecast 2022-2027 ($ billion)
- Table Data Table on Discrete industries - Market size and forecast 2022-2027 ($ billion)
- Table Chart on Discrete industries - Year-over-year growth 2022-2027 (%)
- Table Data Table on Discrete industries - Year-over-year growth 2022-2027 (%)
- Process industries - Market size and forecast 2022-2027
- Table Chart on Process industries - Market size and forecast 2022-2027 ($ billion)
- Table Data Table on Process industries - Market size and forecast 2022-2027 ($ billion)
- Table Chart on Process industries - Year-over-year growth 2022-2027 (%)
- Table Data Table on Process industries - Year-over-year growth 2022-2027 (%)
- Market opportunity by End-user
- Table Market opportunity by End-user ($ billion)
- Table Data Table on Market opportunity by End-user ($ billion)
- Market segments
- Customer Landscape
- Customer landscape overview
- Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Customer landscape overview
- Geographic Landscape
- Geographic segmentation
- Table Chart on Market share by geography 2022-2027 (%)
- Table Data Table on Market share by geography 2022-2027 (%)
- Geographic comparison
- Table Chart on Geographic comparison
- Table Data Table on Geographic comparison
- APAC - Market size and forecast 2022-2027
- Table Chart on APAC - Market size and forecast 2022-2027 ($ billion)
- Table Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
- Table Chart on APAC - Year-over-year growth 2022-2027 (%)
- Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
- North America - Market size and forecast 2022-2027
- Table Chart on North America - Market size and forecast 2022-2027 ($ billion)
- Table Data Table on North America - Market size and forecast 2022-2027 ($ billion)
- Table Chart on North America - Year-over-year growth 2022-2027 (%)
- Table Data Table on North America - Year-over-year growth 2022-2027 (%)
- Europe - Market size and forecast 2022-2027
- Table Chart on Europe - Market size and forecast 2022-2027 ($ billion)
- Table Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
- Table Chart on Europe - Year-over-year growth 2022-2027 (%)
- Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
- Middle East and Africa - Market size and forecast 2022- 2027
- Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- South America - Market size and forecast 2022-2027
- Table Chart on South America - Market size and forecast 2022-2027 ($ billion)
- Table Data Table on South America - Market size and forecast 2022-2027 ($ billion)
- Table Chart on South America - Year-over-year growth 2022-2027 (%)
- Table Data Table on South America - Year-over-year growth 2022-2027 (%)
- China - Market size and forecast 2022-2027
- Table Chart on China - Market size and forecast 2022-2027 ($ billion)
- Table Data Table on China - Market size and forecast 2022-2027 ($ billion)
- Table Chart on China - Year-over-year growth 2022-2027 (%)
- Table Data Table on China - Year-over-year growth 2022-2027 (%)
- US - Market size and forecast 2022-2027
- Table Chart on US - Market size and forecast 2022-2027 ($ billion)
- Table Data Table on US - Market size and forecast 2022-2027 ($ billion)
- Table Chart on US - Year-over-year growth 2022-2027 (%)
- Table Data Table on US - Year-over-year growth 2022-2027 (%)
- Japan - Market size and forecast 2022-2027
- Table Chart on Japan - Market size and forecast 2022-2027 ($ billion)
- Table Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
- Table Chart on Japan - Year-over-year growth 2022-2027 (%)
- Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
- Germany - Market size and forecast 2022-2027
- Table Chart on Germany - Market size and forecast 2022-2027 ($ billion)
- Table Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
- Table Chart on Germany - Year-over-year growth 2022-2027 (%)
- Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
- UK - Market size and forecast 2022-2027
- Table Chart on UK - Market size and forecast 2022-2027 ($ billion)
- Table Data Table on UK - Market size and forecast 2022-2027 ($ billion)
- Table Chart on UK - Year-over-year growth 2022-2027 (%)
- Table Data Table on UK - Year-over-year growth 2022-2027 (%)
- Market opportunity by geography
- Table Market opportunity by geography ($ billion)
- Table Data Tables on Market opportunity by geography ($ billion)
- Geographic segmentation
- Drivers, Challenges, and Trends
- Market drivers
- Growing need for main automation contractor
- Increasing focus on predictive maintenance
- Increasing plant complexities
- Market challenges
- Interoperability issues
- Challenges in managing multiple contracts
- Growing cybersecurity concerns
- Impact of drivers and challenges
- Table Impact of drivers and challenges in 2022 and 2027
- Market trends
- Value chain integration by automation solution providers
- Virtualization of automation control systems
- Growing implementation of software as service
- Market drivers
- Vendor Landscape
- Overview
- Vendor landscape
- Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
- Table Overview on factors of disruption
- Industry risks
- Table Impact of key risks on business
- Vendor Analysis
- Vendors covered
- Table Vendors covered
- Market positioning of vendors
- Table Matrix on vendor position and classification
- ABB Ltd.
- Table ABB Ltd. - Overview
- Table ABB Ltd. - Business segments
- Table ABB Ltd. - Key news
- Table ABB Ltd. - Key offerings
- Table ABB Ltd. - Segment focus
- Beckhoff Automation GmbH and Co. KG
- Table Beckhoff Automation GmbH and Co. KG - Overview
- Table Beckhoff Automation GmbH and Co. KG - Product / Service
- Table Beckhoff Automation GmbH and Co. KG - Key offerings
- Eaton Corp. Plc
- Table Eaton Corp. Plc - Overview
- Table Eaton Corp. Plc - Business segments
- Table Eaton Corp. Plc - Key news
- Table Eaton Corp. Plc - Key offerings
- Table Eaton Corp. Plc - Segment focus
- Emerson Electric Co.
- Table Emerson Electric Co. - Overview
- Table Emerson Electric Co. - Business segments
- Table Emerson Electric Co. - Key news
- Table Emerson Electric Co. - Key offerings
- Table Emerson Electric Co. - Segment focus
- Endress Hauser Group Services AG
- Table Endress Hauser Group Services AG - Overview
- Table Endress Hauser Group Services AG - Product / Service
- Table Endress Hauser Group Services AG - Key news
- Table Endress Hauser Group Services AG - Key offerings
- Fuji Electric Co. Ltd.
- Table Fuji Electric Co. Ltd. - Overview
- Table Fuji Electric Co. Ltd. - Business segments
- Table Fuji Electric Co. Ltd. - Key offerings
- Table Fuji Electric Co. Ltd. - Segment focus
- General Electric Co.
- Table General Electric Co. - Overview
- Table General Electric Co. - Business segments
- Table General Electric Co. - Key news
- Table General Electric Co. - Key offerings
- Table General Electric Co. - Segment focus
- Hitachi Ltd.
- Table Hitachi Ltd. - Overview
- Table Hitachi Ltd. - Business segments
- Table Hitachi Ltd. - Key news
- Table Hitachi Ltd. - Key offerings
- Table Hitachi Ltd. - Segment focus
- Honeywell International Inc.
- Table Honeywell International Inc. - Overview
- Table Honeywell International Inc. - Business segments
- Table Honeywell International Inc. - Key news
- Table Honeywell International Inc. - Key offerings
- Table Honeywell International Inc. - Segment focus
- Keyence Corp.
- Table Keyence Corp. - Overview
- Table Keyence Corp. - Product / Service
- Table Keyence Corp. - Key offerings
- OMRON Corp.
- Table OMRON Corp. - Overview
- Table OMRON Corp. - Business segments
- Table OMRON Corp. - Key news
- Table OMRON Corp. - Key offerings
- Table OMRON Corp. - Segment focus
- Rockwell Automation Inc.
- Table Rockwell Automation Inc. - Overview
- Table Rockwell Automation Inc. - Business segments
- Table Rockwell Automation Inc. - Key news
- Table Rockwell Automation Inc. - Key offerings
- Table Rockwell Automation Inc. - Segment focus
- Schneider Electric SE
- Table Schneider Electric SE - Overview
- Table Schneider Electric SE - Business segments
- Table Schneider Electric SE - Key news
- Table Schneider Electric SE - Key offerings
- Table Schneider Electric SE - Segment focus
- Siemens AG
- Table Siemens AG - Overview
- Table Siemens AG - Business segments
- Table Siemens AG - Key news
- Table Siemens AG - Key offerings
- Table Siemens AG - Segment focus
- Yokogawa Electric Corp.
- Table Yokogawa Electric Corp. - Overview
- Table Yokogawa Electric Corp. - Business segments
- Table Yokogawa Electric Corp. - Key offerings
- Table Yokogawa Electric Corp. - Segment focus
- Vendors covered
- Appendix
- Scope of the report
- Market definition
- Objectives
- Notes and caveats
- Inclusions and exclusions checklist
- Table Inclusions checklist
- Table Exclusions checklist
- Currency conversion rates for US$
- Table Currency conversion rates for US$
- Research methodology
- Table Research methodology
- Table Validation techniques employed for market sizing
- Table Information sources
- List of abbreviations
- Table List of abbreviations
- Scope of the report
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