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Industrial Automation Services: Global Market Report 2018-2022 - The Dominant Vendors are ABB, Emerson Electric, Honeywell, Rockwell Automation and Siemens - ResearchAndMarkets.com

[July 03, 2018]

Industrial Automation Services: Global Market Report 2018-2022 - The Dominant Vendors are ABB, Emerson Electric, Honeywell, Rockwell Automation and Siemens - ResearchAndMarkets.com

The "Global Industrial Automation Services Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global industrial automation services market is expected to generate a revenue of more than USD 47 billion by 2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is value chain integration by automation solution providers. The process industries have a large installed base for automation software and hardware. The growing demand for automation solutions has intensified the competition among established vendors.

According to the report, one driver in the market is growing need for a mai automation contractor. With automation systems becoming more and more complex on account of the growing requirements of end-users, the concept of MACs is increasingly becoming popular. Automation solutions are highly complex and require the integration of different systems, which might not be fulfilled by a particular vendor.

Further, the report states that one challenge in the market is interoperability issues. One of the major issues hampering the growth of the global industrial automation services market is the lack of effective interoperability between various automation solutions and control technologies.

Key Vendors