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.Market Segmentation
This report provides an analysis of the key trends in each segment of the market, along with forecasts at the global and regional levels for 2025-2033. The 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 are the drivers, restraints, and opportunities in the global market?
- What is the impact of each driver, restraint, and opportunity on the global market?
- What are the key regional markets?
- What is the breakup of the market based on the type of service?
- Which is the most attractive type of service in the market?
- What is the breakup of the market based on the product type?
- Which is the most attractive product type in the market?
- What is the breakup of the market based on the end-user?
- Which is the most attractive end-user in the market?
- What is the competitive structure of the market?
- Who are the key players/companies in the global industrial automation services market?
Table of Contents
Companies Mentioned
- Siemens AG
- Honeywell International Inc.
- General Electric Company
- Mitsubishi Electric
- Rockwell Automation
- Johnson Controls Inc.
- Schneider Electric
- Yokogawa Electric Corporation
- OMRON Corporation
- Danaher Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 149 |
Published | February 2025 |
Forecast Period | 2024 - 2033 |
Estimated Market Value ( USD | $ 233.5 Billion |
Forecasted Market Value ( USD | $ 459.5 Billion |
Compound Annual Growth Rate | 7.8% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |