1. Market Research
  2. > Manufacturing
  3. > Industrial Equipment Market Trends

Global MRO Market for Automation Solutions 2016-2020

  • April 2016
  • 58 pages
  • Infiniti Research Limited
Report ID: 3767895

Summary

Table of Contents

Search Inside

About MRO Market for Automation Solutions

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.

Technavio’s 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 vendorsoperating 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?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Micro Tactical Ground Robot Market and Hazardous Material; Mode of Operation - Tethered, Tele-Operated, Semi-Autonomous, Autonomous - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • $ 5795
  • Industry report
  • May 2017
  • by Transparency Market Research

Global Micro Tactical Ground Robot Market: Overview This report covers the analysis and forecast of the micro tactical ground robot market on a global and regional level. The study provides historic data ...

Smart Factory Market by Technology (DCS, PLC, MES, ERP, SDADA, PAM, HMI, PLM), Component (Sensors, Industrial Robots, Machine Vision Systems, Industrial 3D Printing), End-User Industry, and Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • April 2017
  • by MarketsandMarkets

“Smart factory market expected to exhibit significant growth potential between 2017 and 2022” The smart factory market is projected to grow at a CAGR of 9.3% between 2017 and 2022, to reach USD 205.42 ...

Agricultural Robots Market by Type (UAVs, Milking Robots, Harvesting Systems, Driverless Tractors), Offering (Hardware-Automation & Control System, Sensor & Monitoring Device; Software; Services), Application, and Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • March 2017
  • by MarketsandMarkets

“The increasing focus on farm efficiency and productivity and adoption of new technologies in farming drive the growth of the agricultural robots market” The agricultural robots market is expected ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.