London, 02 January 2015: TechNavio, the independent tech-focused global research firm, has published a report on the Industrial Automation Service Market in the EMEA Region 2015-2019, which is expected to grow at a CAGR of 11.01 percent during the period 2015-2019.
“Automation solutions such as robotics, sensors, and control systems such as DCS, PLC, SCADA, MES, AM, EMI, and HMI enable organizations across industries to provide fast and highly responsive action, which prevents the failure of plant operations,” says Faisal Ghaus, Vice President of TechNavio.
Key Market Drivers
- Need to Optimize Overall Operational Cost for End-users
- Need to Deploy Best Suitable Automation Systems
- Lack of In-house Expertise
Key Market Trends
- Increased Focus on Service Segment
- Increased Safety Requirements
- Development of Customized Automation Control Systems
Key Market Vendors
- ABB Ltd.
- Emerson Electric Co.
- Honeywell International Inc.
- Siemens AG
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
