Industrial Automation Device Manager Software Market by End-user and Geography - Forecast and Analysis 2021-2025
- Published: Sep 2021
- Pages: 120
- SKU: IRTNTR44534
Purchase this report now and if we publish a new version within 90 days, we will send you a free copy.
The industrial automation device manager software market has the potential to grow by USD 1.29 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 6.66%.
This industrial automation device manager software market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (oil and gas, power, chemical and petrochemical, automotive, and others) and geography (APAC, North America, Europe, South America, and MEA). The industrial automation device manager software market report also offers information on several market vendors, including ABB Ltd., Emerson Electric Co., General Electric Co., Honeywell International Inc., Moxa Inc., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp. among others.
What will the Industrial Automation Device Manager Software Market Size be in 2021?
Browse TOC and LoE with selected illustrations and example pages of Industrial Automation Device Manager Software Market
Industrial Automation Device Manager Software Market: Key Drivers and Trends
The growing demand for integrated asset management services is notably driving the industrial automation device manager software market growth, although factors such as the dominant market share of wired networking systems may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the industrial automation device manager software industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
This industrial automation device manager software market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Who are the Major Industrial Automation Device Manager Software Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- ABB Ltd.
- Emerson Electric Co.
- General Electric Co.
- Honeywell International Inc.
- Moxa Inc.
- OMRON Corp.
- Rockwell Automation Inc.
- Schneider Electric SE
- Siemens AG
- Yokogawa Electric Corp.
This statistical study of the industrial automation device manager software market encompasses successful business strategies deployed by the key vendors. The industrial automation device manager software market is fragmented and the vendors are deploying growth strategies such as opting for strategic partnerships with other vendors to enhance their product and service delivery to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The industrial automation device manager software market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Industrial Automation Device Manager Software Market?
For more insights on the market share of various regions Request for a FREE sample now!
40% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for the industrial automation device manager software market in APAC. Market growth in this region will be faster than the growth of the market in the European, North American, and South American regions.
The rising population and improving per capita incomes of people leading to higher consumption habits will facilitate the industrial automation device manager software market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
What are the Revenue-generating End-user Segments in the Industrial Automation Device Manager Software Market?
To gain further insights on the market contribution of various segments Request for a FREE sample
The industrial automation device manager software market share growth by the oil and gas segment will be significant during the forecast period. The surge in infrastructural activities in the developing economies of APAC is an important reason for the exponential increase in oil and gas demand. Owing to the nearing maturity of onshore oil and gas fields, there is a notable rise in the number of offshore exploration activities. This has increased the demand for wireless monitoring using wireless sensors, which provide key variable parameters such as pressure, vibration, torque, and temperature with the help of device manager software. The need to minimize operational expenditure has made the real-time monitoring of field devices imperative in the oil and gas industry, which in turn, is driving the market for industrial automation device manager software in the industry.
This report provides an accurate prediction of the contribution of all the segments to the growth of the industrial automation device manager software market size and actionable market insights on post COVID-19 impact on each segment.
What are the Key Factors Covered in this Industrial Automation Device Manager Software Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive industrial automation device manager software market growth during the next five years
- Precise estimation of the industrial automation device manager software market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the industrial automation device manager software industry across APAC, North America, Europe, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of industrial automation device manager software market vendors
We can help! Our analysts can customize this report to meet your requirements. Get in touch
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Get your FREE sample now!
Frequently Asked Questions?
- Increase in need for data analytics
- Integration of information and operational technologies
Get the report (PDF) sent to your email within minutes.
Subscribe & Save
Get lifetime access to our
Did you know?
Did you know?
Did you know?
Want to customize this report?
This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.
Technavio's SUBSCRIPTION platform
Register for a free trial today and gain instant access to 17,000+ market research reports.