Global Industrial Automation Services Market Research Report Forecast Till 2026

Global Industrial Automation Services Market Research Report Forecast Till 2026

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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.

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Description

Global Industrial Automation Services Market Research Report: Information by Solution (Distributed Control System, Programmable Logic Controller, Supervisory Control and Data Acquisition (SCADA), Manufacturing Execution System (MES), Product Lifecycle Management (PLM), and Functional Safety and Plant Asset Management (PAM)), Service (Professional Service, Consulting Service, Technical Training, System Integration, and Others), End Use (Automotive, Transportation & Logistics, Mining & Metals, Aerospace & Defense, Energy & Power Systems, and Others),and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast Till 2026

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.

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Table of Contents

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

(USD BILLION) 89

10.4.19 REST OF ASIA-PACIFIC: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SERVICE, 2017–2026

(USD BILLION) 90

10.4.20 REST OF ASIA-PACIFIC: INDUSTRIAL AUTOMATION SERVICES MARKET, BY END USER, 2017–2026

(USD BILLION) 90

10.5 MIDDLE EAST & AFRICA 91

10.5.1 MIDDLE EAST & AFRICA: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SOLUTION, 2017–2026

(USD BILLION) 92

10.5.2 MIDDLE EAST & AFRICA: INDUSTRIAL AUTOMATION SERVICES MARKET, BY SERVICE, 2017–2026

(USD BILLION) 93

10.5.3 MIDDLE EAST & AFRICA: INDUSTRIAL AUTOMATION SERVICES MARKET, BY END USE, 2017–2026

(USD BILLION) 94

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

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