PUBLISHER: IMARC | PRODUCT CODE: 1423338
PUBLISHER: IMARC | PRODUCT CODE: 1423338
Industrial Automation Services Market Report by Type of Service, Product Type, End User, and Region 2024-2032
Abstract
The global industrial automation services market size reached US$ 216.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 434.9 Billion by 2032, exhibiting a growth rate (CAGR) of 7.8% during 2024-2032.
Industrial automation services use control systems like robots or computers and information technology to handle different processes and operate machinery. These services control and regulate processes such as designing, installation, maintenance and support. Industrial automation services can manage a large amount of unstructured data more efficiently than manual handling. Automation ensures fast production, reduces costs, checks product quality, standardizes manufacturing, minimizes waste and supervises production in manufacturing plants. It also offers various benefits like improved accuracy, lowered labor cost, flexibility, high speed and quiet operations.
Industrial Automation Services Market Trends:
Numerous organizations are opting for automation services as they reduce the dependency on manual labor and ensure a faster pace for mass production. Moreover, the use of industrial automation services enhances the speed of production processes. As a result, it reduces the consumption of electricity and other resources, thereby making the manufacturing process less expensive. Another major growth-inducing factor for the market is the consistent demand for efficient automated systems. In line with this, several companies are investing to facilitate research and developmental activities for these services. Apart from this, due to a significant increase in industrialization and urbanization, the need to automate repetitive tasks and streamline the business process has also been increasing across different industries.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global industrial automation services market report, along with forecasts at the global and regional level from 2024-2032. Our report has categorized the market based on type of service, product type and end-user.
Breakup by Type of Service:
Project Engineering and Installation
Maintenance and Support Services
Consulting Services
Operational Services
Breakup by Product Type:
DCS
SCADA
PLC
MES
Others
Breakup by End User:
Discrete Industries
Process Industries
Breakup by Region:
North America
Asia Pacific
Europe
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Siemens AG, Honeywell International Inc., General Electric Company, Mitsubishi Electric, Rockwell Automation, Johnson Controls Inc., Schneider Electric, Yokogawa Electric Corporation, OMRON Corporation, Danaher Corporation, etc.
Key Questions Answered in This Report:
- How has the global industrial automation services market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global industrial automation services industry?
- What are the key regional markets in the global industrial automation services industry?
- What is the breakup of the market based on the type of service?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the end-user?
- What are the various stages in the value chain of the global industrial automation services industry?
- What are the key driving factors and challenges in the global industrial automation services industry?
- What is the structure of the global industrial automation services industry and who are the key players?
- What is the degree of competition in the global industrial automation services industry?
- What are the profit margins in the global industrial automation services industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Industrial Automation Services Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Breakup by Type of Service
- 5.5 Market Breakup by Product Type
- 5.6 Market Breakup by End-User
- 5.7 Market Breakup by Region
- 5.8 Market Forecast
6 Market Breakup by Type of Service
- 6.1 Project Engineering and Installation
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Maintenance and Support Services
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Consulting Services
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Operational Services
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Product Type
- 7.1 DCS
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 SCADA
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 PLC
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 MES
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by End-User
- 8.1 Discrete Industries
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Process Industries
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Asia Pacific
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Europe
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Middle East and Africa
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Latin America
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Siemens AG
- 14.3.2 Honeywell International Inc.
- 14.3.3 General Electric Company
- 14.3.4 Mitsubishi Electric
- 14.3.5 Rockwell Automation
- 14.3.6 Johnson Controls Inc.
- 14.3.7 Schneider Electric
- 14.3.8 Yokogawa Electric Corporation
- 14.3.9 OMRON Corporation
- 14.3.10 Danaher Corporation
List of Figures
- Figure 1: Global: Industrial Automation Services Market: Major Drivers and Challenges
- Figure 2: Global: Industrial Automation Services Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Industrial Automation Services Market: Breakup by Type of Service (in %), 2023
- Figure 4: Global: Industrial Automation Services Market: Breakup by Product Type (in %), 2023
- Figure 5: Global: Industrial Automation Services Market: Breakup by End-User (in %), 2023
- Figure 6: Global: Industrial Automation Services Market: Breakup by Region (in %), 2023
- Figure 7: Global: Industrial Automation Services Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 8: Global: Industrial Automation Services Industry: SWOT Analysis
- Figure 9: Global: Industrial Automation Services Industry: Value Chain Analysis
- Figure 10: Global: Industrial Automation Services Industry: Porter's Five Forces Analysis
- Figure 11: Global: Industrial Automation Services (Project Engineering and Installation) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Industrial Automation Services (Project Engineering and Installation) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Industrial Automation Services (Maintenance and Support Services) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Industrial Automation Services (Maintenance and Support Services) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Industrial Automation Services (Consulting Services) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Industrial Automation Services (Consulting Services) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Industrial Automation Services (Operational Services) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Industrial Automation Services (Operational Services) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Industrial Automation Services (DCS) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Industrial Automation Services (DCS) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Industrial Automation Services (SCADA) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Industrial Automation Services (SCADA) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Industrial Automation Services (PLC) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Industrial Automation Services (PLC) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Industrial Automation Services (MES) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Industrial Automation Services (MES) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Industrial Automation Services (Others) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Industrial Automation Services (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Global: Industrial Automation Services (Discrete Industries) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Global: Industrial Automation Services (Discrete Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Global: Industrial Automation Services (Process Industries) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Global: Industrial Automation Services (Process Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: North America: Industrial Automation Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: North America: Industrial Automation Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Asia Pacific: Industrial Automation Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Asia Pacific: Industrial Automation Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Europe: Industrial Automation Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Europe: Industrial Automation Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Middle East and Africa: Industrial Automation Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Middle East and Africa: Industrial Automation Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Latin America: Industrial Automation Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Latin America: Industrial Automation Services Market Forecast: Sales Value (in Million US$), 2024-2032
List of Tables
- Table 1: Global: Industrial Automation Services Market: Key Industry Highlights, 2023 & 2032
- Table 2: Global: Industrial Automation Services Market Forecast: Breakup by Type of Service (in Million US$), 2024-2032
- Table 3: Global: Industrial Automation Services Market Forecast: Breakup by Product Type (in Million US$), 2024-2032
- Table 4: Global: Industrial Automation Services Market Forecast: Breakup by End-User (in Million US$), 2024-2032
- Table 5: Global: Industrial Automation Services Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Global: Industrial Automation Services Market Structure
- Table 7: Global: Industrial Automation Services Market: Key Players
