Industrial Automation Services Market to Grow at 10.06% CAGR by 2018 Says a New Research Report at Sandlerresearch.org
Dallas, Texas (PRWEB) March 16, 2014 -- The surge in the number of manufacturing activities being outsourced to several Asian countries including India and Japan is one of the major drivers of the Global Industrial Automation Services market. The main reason for the increased outsourcing of manufacturing activities to India is the easy availability of low-cost labor and the government's flexible policies. India and Japan are the most favoured destinations among several countries for the outsourcing of manufacturing activities. For instance, many automobile manufacturers have set up their production plants in India and Japan to optimize their production processes. The outsourcing of manufacturing processes to these countries encourages manufacturers in these countries to use automation systems in their manufacturing units to improve their plant operation and to comply with international standards.
Analysts forecast the Global Industrial Automation Services market to grow at a CAGR of 10.06 percent over the period 2013-2018. According to the report, one of the major drivers in this market is the need to optimize the overall operational cost for end-users. Effective deployment of automation services helps companies take advantage of the provider's expertise to reduce their plant maintenance and project operating costs.
Further, the report states that one of the major challenges in this market is the need for high initial investment. The end-users have to invest heavily to deploy the latest automation solution technology and various automation services in order to enhance their operational efficiency and optimize their overall operational cost.
The report recognizes the following companies as the key players in Global Industrial Automation Services Market: ABB Ltd., Honeywell International Inc., Rockwell Automation Inc., and Siemens AG., Applied Material Inc., Apriso Corp., Aspen Technologies Inc., Camstar Systems Inc., Control Systems International Inc., Emerson Electric Co., Eyelite Inc., GE Co., Invensys plc, Metso Corp., Miracom Inc., Mitsubishi Heavy Industries Ltd., Omron Corp., SAP AG, Schneider Electric SA, Toshiba International Corp., Werum Software & Systems AG, and Yokogawa Electric Corp.
Other vendors mentioned in the report are Applied Material Inc., Apriso Corp., Aspen Technologies Inc., Camstar Systems Inc., Control Systems International Inc., Emerson Electric Co., Eyelite Inc., GE Co., Invensys plc, Metso Corp., Miracom Inc., Mitsubishi Heavy Industries Ltd., Omron Corp., SAP AG, Schneider Electric SA, Toshiba International Corp., Werum Software & Systems AG, and Yokogawa Electric Corp.
Purchase report at http://www.sandlerresearch.org/purchase?rname=15725.
Key questions answered in this report:
What will the market size be in 2018 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Table Of Contents
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Market Size and Forecast
06.2 Five Forces Analysis
07. Market Segmentation by End-user
07.1 Global Industrial Automation Control Market in Discrete Industries
07.1.1 Market Size and Forecast
07.2 Global Industrial Automation Control Market in Automotive Industry
07.2.1 Market Size and Forecast
07.3 Global Industrial Automation Control Market in Packaging Industry
07.3.1 Market Size and Forecast
07.4 Global Industrial Automation Services Market in Process Industries
Market Size and Forecast
07.5 Global Industrial Automation Services Market in Power Industry
07.5.1 Market Size and Forecast
07.6 Global Industrial Automation Services Market in Oil and Gas Industry
07.6.1 Market Size and Forecast
07.7 Global Industrial Automation Services Market in Pharmaceutical Industry
07.7.1 Market Size and Forecast
07.8 Global Industrial Automation Services Market in Food and Beverage Industry
07.8.1 Market Size and Forecast
07.9 Global Industrial Automation Services Market in Pulp and Paper Industry
07.9.1 Market Size and Forecast
07.10 Global Industrial Automation Services Market in Chemical and Petrochemical Industry
07.10.1 Market Size and Forecast
08. Geographical Segmentation
08.1 Industrial Automation Services Market in EMEA Region
08.1.1 Market Size and Forecast
08.2 Industrial Automation Services Market in Americas
08.2.1 Market Size and Forecast
08.3 Industrial Automation Services Market in APAC region
08.3.1 Market Size and Forecast
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
12.1 Impact of Drivers and Challenges
13. Market Trends
14. Trends and their Impact
15. Vendor Landscape
15.1 Competitive Scenario
15.1.1 Key News
15.1.2 Key Acquisitions
15.2 Market Share Analysis 2013
15.3 Other Prominent Vendors
16. Key Vendor Analysis
16.1 ABB Ltd.
16.1.1 Business Overview
16.1.2 Business Segmentation
16.1.3 Key Information
16.1.4 SWOT Analysis
16.2 Honeywell International Inc.
16.2.1 Business Overview
16.2.2 Business Segmentation
16.2.3 Revenue Segmentation
16.2.4 Key Information
16.2.5 SWOT Analysis
16.3 Rockwell Automation Inc.
16.3.1 Business Overview
16.3.2 Business Segmentation
16.3.3 Revenue Segmentation
16.3.4 Key Information
16.3.5 SWOT Analysis
16.4 Siemens AG
16.4.1 Business Overview
16.4.2 Business Segmentation
16.4.3 Revenue Segmentation
16.4.4 Employee Structure by Region
16.4.5 R&D Facilities by Region
16.4.6 Key Information
16.4.7 SWOT Analysis
17. Other Reports in this Series
List of Exhibits
Exhibit 1: Global Industrial Automation Control Market by End-user Segmentation 2013
Exhibit 2: Market Research Methodology
Exhibit 3: Global Industrial Automation Services Market 2013-2018 (US$ billion)
Exhibit 4: Global Industrial Automation Services Market by End-user Segmentation 2013
Exhibit 5: Global Industrial Automation Services Market by End-user Segmentation 2013-2018
Exhibit 6: Global Industrial Automation Services Market in Process Industries 2013-2018 (US$ billion)
Exhibit 7: Global Industrial Automation Services Market in Process Industries 2013
Exhibit 8: Global Industrial Automation Services Market in the Power Industry 2013-2018 (US$ billion)
Exhibit 9: Consumption and Production of Electricity by Key Leading Countries 2011 and 2012
Exhibit 10: Global Industrial Automation Services Market in the Oil and Gas Industry 2013-2018 (US$ billion)
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Priyank Tiwari, Sandlerresearch.org, http://www.sandlerresearch.org/, +1 (888) 391-5441, [email protected]
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