Industrial Automation Services Market: End-user Landscape
By end-user, the market witnessed maximum demand for industrial automation services from discrete industries in 2020. The increasing adoption of automation across the automotive, packaging, and electronics and semiconductor industries is driving the demand for industrial automation services in the segment. The market growth in the discrete industries segment will be maximum during the forecast period.
Industrial Automation Services Market: Geographic Landscape
By geography, APAC is going to have a lucrative growth during the forecast period. About 55% of the market's overall growth is expected to originate from APAC. The growth of the automotive industry and the rising adoption of SaaS among end-users are driving the growth of the industrial automation services market in APAC. China and Japan are the key markets for industrial automation services in the region.
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Companies Covered:
- ABB Ltd.
- Emerson Electric Co.
- FANUC Corp.
- Honeywell International Inc.
- Mitsubishi Electric Corp.
- OMRON Corp.
- Rockwell Automation Inc.
- Schneider Electric SE
- Siemens AG
- Yokogawa Electric Corp.
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Industrial Automation Services Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of over 15% |
Market growth 2021-2025 |
$ 45.32 billion |
Market structure |
Fragmented |
YoY growth (%) |
16.03 |
Regional analysis |
APAC, North America, Europe, MEA, and South America |
Performing market contribution |
APAC at 55% |
Key consumer countries |
China, the US, Japan, Germany, and the UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
ABB Ltd., Emerson Electric Co., FANUC Corp., Honeywell International Inc., Mitsubishi Electric Corp., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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