SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMCNet:  Industrial Automation Services Market to Grow at 10.06% CAGR by 2018 Says a New Research Report at Sandlerresearch.org

[March 16, 2014]

Industrial Automation Services Market to Grow at 10.06% CAGR by 2018 Says a New Research Report at Sandlerresearch.org

(PR Web Via Acquire Media NewsEdge) 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) Explore other reports on Automation Market.

About US: Sandlerresearch.org (http://www.sandlerresearch.org/) is an online market research store for research reports on multiple industries. These reports provide market analysis, trends and opportunities and forecast about industries that helps to make a right decision for the business.

Read the full story at http://www.prweb.com/releases/industrial-automation/services-market-2018/prweb11670500.htm (c) 2014 PRWEB.COM Newswire

[ Back To Technology News's Homepage ]

OTHER NEWS PROVIDERS







Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2014 Technology Marketing Corporation. All rights reserved | Privacy Policy