System Integrator Market for Industrial Automation Worth 56.05 Billion USD by 2022 – Yahoo Finance

PUNE, India, April 19, 2017 /PRNewswire/ --

According to a new market research report "System Integrator Market for Industrial Automation by Service Outlook (Consulting, Hardware, and Software), Technology (SCADA, PLC, PAC, RTU, DCS, MES & MOM, PLM, HMI, APC, OTS, Safety Automation), Industry, and Geography - Global Forecast to 2022", published by MarketsandMarkets, the market is expected to reach USD 56.05 Billion by 2022 from USD 41.47 Billion in 2016, at a CAGR of 5.0% between 2017 and 2022.

(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 67 market data Tables and 85 Figures spread through 178 Pages and in-depth TOC on "System Integrator Market for Industrial Automation"

http://www.marketsandmarkets.com/Market-Reports/system-integrators-market-223504983.html

Early buyers will receive 10% customization on this report.

The major factors driving the growth of the system integrator market for industrial automation include the growing use of Internet of Things (IoT) in industrial automation, rising safety and security concerns, demand for low-cost energy-efficient production process by manufacturing plants, automation in manually uncontrollable processes, advancement in cloud computing technology, higher bargaining power of system integrators, and bundled products offered by system integrators.

Software integration service expected to hold the largest market size by 2022

Software integration service held the largest share of the system integrator market for industrial automation in 2016. This can be attributed to the wide acceptance of automation software including SCADA, DCS, MES, and PLM in industries as part of monitor and control solutions.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=223504983

Market for PLC, PAC, & RTU technology to grow at the highest rate during the forecast period

The system integrator market for PLC, PAC, and RTU technology is likely to grow at the highest rate during the forecast period. PLC, PAC, and RTU technology controls the work-in-process, collects data from various sources in plants and sends it to SCADA or DCS for analysis, the growth of these segment is attributed to the increasing adoption of control systems in the industry at remote locations.

The Americas likely to hold the largest share of the system integrator market for industrial automation during the forecast period

The Americas is expected to hold the largest share of the system integrator market for industrial automation during the forecast period owing to the presence of major companies, such as ABB (Switzerland), Siemens (Germany), Rockwell (US), General Electric (US), and Cameron (US) providing industrial automation solutions to the customers through system integrators. The Americas has a higher penetration of process industries, such as oil and gas, mining, pulp and paper, chemical, and petrochemical. The processes in these industries are very complex and large. Therefore the implementation of automation solutions is necessary for these companies.

Inquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=223504983

The report also profiles the most promising players in this market. The competitive landscape of the market presents an interesting picture of the strategies adopted by a large number of players. The key players in this market are Wood Group Mustang (US), Prime Controls LP. (US), ATS Automation (Canada), Maverick Technologies (US), Wunderlich - Malec Engineering (US), Mangan Inc. (US), Avanceon (US), Dynamysk Automation Ltd. (Canada), Tesco Controls Inc. (US), Stadler+Schaaf Mess-Und Regeltechnik GmbH (Germany), INTECH Process Automation (US), Design Group (US), CEC Controls Co. Inc. (US), Burrow Global LLC (US), and Matrix Technologies (US).

Browse Related Reports

Process Automation & Instrumentation Market by Instrument (Pressure, Temperature, Level and Humidity Transmitter), Solutions (PLC, DCS, SCADA, HMI, APC, MES and Safety Automation), Application, and Geography - Global Trend and Forecast to 2020.

http://www.marketsandmarkets.com/Market-Reports/process-automation-market-1172.html

Industrial Control and Factory Automation Market by Technology (SCADA, PAC & RTU, DCS, Safety, MES & MOM, PLM), Component (Industrial Robots, Machine Vision, Control Valves, Enclosures, Cables), Industry (Process, and Discrete) - Global Forecast to 2022.

Read More

http://www.marketsandmarkets.com/Market-Reports/factory-industrial-automation-sme-smb-market-541.html

Subscribe Reports from Semiconductor Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets

MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact: Mr. Rohan MarketsandMarkets 701 Pike Street Suite 2175, Seattle, WA 98101, United States Tel: +1-888-600-6441 Email: sales@marketsandmarkets.com

Visit our Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors

Connect us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

See original here:

System Integrator Market for Industrial Automation Worth 56.05 Billion USD by 2022 - Yahoo Finance