System Integrators Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The system integrator market is expected to register a CAGR of 5.8% during the period of 2022-to 2027. System Integrators specialize in conducting component subsystems together into a whole and ensuring that those subsystems function together. In today's era, manufacturing companies are introducing Flexible Manufacturing Systems (FMS) to break the classic trade-off between dependability and quality. FMS reduces labor and process variability, improving the quality of the product, and consists of various production, material handling, and computer control modules. This further demands the system integrators where the requirement of highly flexible control software makes it simple to integrate the machines with a system such as the PLC system and database.
Key HighlightsThe system integrator market is fragmented as various local, regional, and international players exist. Further, the players' acquisition is setting high market competitiveness. Key players are John Wood Group Plc, TESCO CONTROLS, INC., Prime Controls, LP, etc.
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