Global MRO In-Depth Industrial and Market studies for Automation Solutions 2017-2020
Albany, New York, Feb 08, 2017
"Global
MRO Market for Automation Solutions 2016-2020"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
Description-
The
need to optimize operation and produce superior-quality products
within the least possible time contributed to the adoption of
automation solutions in the production facilities. Also, the need for
continuous maintenance and repair work, and the necessity to achieve
high operational efficiency of automation products drives the demand
for MRO service from service providers, third-party vendors, and
OEMs.
Initially,
end-users used their in-house expertise to address MRO requirements
for automation solutions in plants. As a result, they spent huge sum
of money to provide training for the employees to carry out MRO. With
technological advances in automation solutions, end-users need to
update the training modules for the employees, and this has led to a
large OPEX. In order to curtail the expenses, end-users started to
outsource the MRO activities. The presence of both OEMs and
independent service providers ensure service offerings of the highest
quality. With the outsourcing of the MRO services, end-users are able
to run their operations efficiently, thus reducing the time to market
and ensuring higher production volume.
**
Technavios analysts forecast the global MRO market for automation
solutions to grow at a CAGR of 12.84% during the period 2016-2020.
– Covered in this report
The report covers the present scenario and the growth prospects of the global MRO market for automation solutions 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of MRO services for industrial automation solutions.
– The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global MRO Market for Automation Solutions 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
– Key vendors
ABB
Honeywell International Inc.
Rockwell Automation Inc.
Siemens AG
W.W. Grainger Inc.
– Other prominent vendors
Bilfinger
Brammer
Emerson Electric
General Electric
Omron
Rexel
Schneider Electric
Toshiba International
WESCO International
Wood
Yokogawa Electric
Yaskawa
Mitsubishi Electric
– Market driver
Growth in outsourcing of operations
For a full, detailed list, view our report
– Market challenge
Limited presence of single service provider with multi-vendor product knowledge
For a full, detailed list, view our report
– Market trend
Emergence of Industry 4.0
For a full, detailed list, view our report
– Key questions answered in this report
What will the market size be in 2020 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?
– Covered in this report
The report covers the present scenario and the growth prospects of the global MRO market for automation solutions 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of MRO services for industrial automation solutions.
– The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global MRO Market for Automation Solutions 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
– Key vendors
ABB
Honeywell International Inc.
Rockwell Automation Inc.
Siemens AG
W.W. Grainger Inc.
– Other prominent vendors
Bilfinger
Brammer
Emerson Electric
General Electric
Omron
Rexel
Schneider Electric
Toshiba International
WESCO International
Wood
Yokogawa Electric
Yaskawa
Mitsubishi Electric
– Market driver
Growth in outsourcing of operations
For a full, detailed list, view our report
– Market challenge
Limited presence of single service provider with multi-vendor product knowledge
For a full, detailed list, view our report
– Market trend
Emergence of Industry 4.0
For a full, detailed list, view our report
– Key questions answered in this report
What will the market size be in 2020 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?
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