MRO Market for Automation Solutions Market by End-user and Geography - Forecast and Analysis 2021-2025
- Published: Jun 2021
- Pages: 120
- SKU: IRTNTR70657
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The MRO market for automation solutions has the potential to grow by USD 33.79 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 7.37%.
This MRO market for automation solutions 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 (process industries and discrete industries) and geography (APAC, Europe, North America, South America, and MEA). The MRO market for automation solutions report also offers information on several market vendors, including ABB Ltd., Emerson Electric Co., Honeywell International Inc., Mitsubishi Electric Corp., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, W.W. Grainger Inc., and Yokogawa Electric Corp. among others.
What will the MRO Market Size for Automation Solutions be in 2021?
Browse TOC and LoE with selected illustrations and example pages of MRO Market for Automation Solutions
MRO Market for Automation Solutions: Key Drivers and Trends
The growth in the outsourcing of operations is notably driving the MRO market for automation solutions growth, although factors such as the US-China trade war may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the MRO market for automation solutions get your FREE report sample now.
This MRO market for automation solutions analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.
Who are the Major MRO Market Vendors for Automation Solutions?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- ABB Ltd.
- Emerson Electric Co.
- Honeywell International Inc.
- Mitsubishi Electric Corp.
- OMRON Corp.
- Rockwell Automation Inc.
- Schneider Electric SE
- Siemens AG
- W.W. Grainger Inc.
- Yokogawa Electric Corp.
The MRO market for automation solutions is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
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.
Download a free sample of the MRO market for automation solutions forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for MRO Market for Automation Solutions?
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55% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for MRO market for automation solutions in APAC.
The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Increasing penetration of Industry 4.0 in many regions globally will facilitate the MRO market growth for automation solutions in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
What are the Revenue-generating End-user Segments in the MRO Market for Automation Solutions?
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The MRO market for automation solutions share growth by the process industries segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.
Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the MRO market size for automation solutions.
What are the Key Factors Covered in this MRO Market for Automation Solutions Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive MRO market growth for automation solutions during the next five years
- Precise estimation of the MRO market size for automation solutions and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the MRO market for automation solutions across APAC, Europe, North America, 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 MRO market vendors for automation solutions market
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MRO Market For Automation Solutions Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7% |
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Market growth 2021-2025 |
$ 33.79 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
3.07 |
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Regional analysis |
APAC, Europe, North America, South America, and MEA |
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Performing market contribution |
APAC at 55% |
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Key consumer countries |
China, US, Japan, Germany, and UK |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
ABB Ltd., Emerson Electric Co., Honeywell International Inc., Mitsubishi Electric Corp., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, W.W. Grainger Inc., and Yokogawa Electric Corp. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End user
- Process industries - Market size and forecast 2020-2025
- Discrete industries - Market size and forecast 2020-2025
- Market opportunity by End user
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- ABB Ltd.
- Emerson Electric Co.
- Honeywell International Inc.
- Mitsubishi Electric Corp.
- OMRON Corp.
- Rockwell Automation Inc.
- Schneider Electric SE
- Siemens AG
- W.W. Grainger Inc.
- Yokogawa Electric Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Research Framework
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.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Frequently Asked Questions?
- China
- US
- Japan
- Germany
- UK
- Growth in the outsourcing of operations
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