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Global Instrumentation Services Market 2018-2022

Global Instrumentation Services Market 2018-2022

About this market

On site deputation of service personnel to drive growth in the market. To be successful in the industrial instrumentation services market, vendors need to change the way they have been rendering their services. They need to upscale their techniques and service engineers so that they can resolve the possible maintenance and error issues at a site quickly. Technavio’s analysts have predicted that the instrumentation services market will register a CAGR of more than 4% by 2022.

Market Overview

Rising number of industrial internet of things (IIoT) applications

Factors such as advances in cloud computing and big data analytics, increasing the complexity of machines, and innovation in sensor technology such as wireless and smart sensors are driving the growth of the global IIoT market in the process and discrete manufacturing industries.

Increasing standardization of instruments and communication protocols

The process and discrete manufacturing industries continuously strive to achieve productivity gains, which requires an upgrade of the existing instrument or a control system with the available best-in-class solution. However, proprietary systems offered by most of the vendors do not allow interoperability between instruments of different vendors.

For the detailed list of factors that will drive and challenge the growth of the instrumentation services market during the 2018-2022, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Schneider Electric and Siemens the competitive environment is quite intense. Factors such as the rising number of industrial internet of things (IIoT) applications and the onsite deputation of service personnel will provide considerable growth opportunities to instrumentation services manufactures. ABB, Honeywell, KROHNE Group, Rockwell Automation, Schneider Electric, and Siemens are some of the major companies covered in this report.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Instrumentation Services Market 2018-2022

Technavio recognizes the following companies as the key players in the global instrumentation services market: ABB, Honeywell, KROHNE Group, Rockwell Automation, Schneider Electric, and Siemens.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the onsite deputation of service personnel.”

According to the report, one of the major drivers for this market is the rising number of industrial internet of things (IIoT) applications.

Further, the report states that one of the major factors hindering the growth of this market is the increasing standardization of instruments and communication protocols.

Companies Mentioned

ABB
Honeywell
KROHNE Group
Rockwell Automation
Schneider Electric
and Siemens

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global instrumentation market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global instrumentation services market – Market size and forecast 2017-2022 ($ mn)
      • Table Global instrumentation services market – Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by service offering
    • Segmentation by service offering
      • Table Service offerings – Market share 2017-2022 (%)
    • Comparison by service
      • Table Comparison by service offerings
    • Calibration – Market size and forecast 2017-2022
      • Table Calibration – Market size and forecast 2017-2022 ($ mn)
      • Table Calibration – Year-over-year growth 2018-2022 (%)
    • Maintenance and repair – Market size and forecast 2017-2022
      • Table Maintenance and repair – Market size and forecast 2017-2022 ($ mn)
      • Table Maintenance and repair – Year-over-year growth 2018-2022 (%)
    • Commissioning and testing – Market size and forecast 2017-2022
      • Table Commissioning and testing – Market size and forecast 2017-2022 ($ mn)
      • Table Commissioning and testing – Year-over-year growth 2018-2022 (%)
    • Market opportunity by service
      • Table Market opportunity by service
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table End-user – Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Process industries – Market size and forecast 2017-2022
      • Table Process industries – Market size and forecast 2017-2022 ($ mn)
      • Table Process industries – Year-over-year growth 2018-2022 (%)
    • Discrete industries – Market size and forecast 2017-2022
      • Table Discrete industries – Market size and forecast 2017-2022 ($ mn)
      • Table Discrete industries – Year-over-year growth 2018-2022 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global instrumentation services market – Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas – Market size and forecast 2017-2022
      • Table Americas – Market size and forecast 2017-2022 ($ mn)
      • Table Americas – Year-over-year growth 2018-2022 (%)
    • EMEA – Market size and forecast 2017-2022
      • Table EMEA – Market size and forecast 2017-2022 ($ mn)
      • Table EMEA – Year-over-year growth 2018-2022 (%)
    • APAC – Market size and forecast 2017-2022
      • Table APAC – Market size and forecast 2017-2022 ($ mn)
      • Table APAC – Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • On-site deputation of service personnel
    • Rising number of channel partner relationships
    • Measurement as a service
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive landscape
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ABB
      • Table ABB overview
      • Table ABB – Business segments
      • Table ABB – Organizational developments
      • Table ABB – Geographic focus
      • Table ABB – Segment focus
      • Table ABB – Key offerings
    • Honeywell
      • Table Honeywell overview
      • Table Honeywell – Business segments
      • Table Honeywell – Organizational developments
      • Table Honeywell – Geographic focus
      • Table Honeywell – Segment focus
      • Table Honeywell – Key offerings
    • KROHNE Group
      • Table KROHNE Group overview
      • Table KROHNE Group – Organizational developments
      • Table KROHNE Group – Key offerings
    • Rockwell Automation
      • Table Rockwell Automation overview
      • Table Rockwell Automation – Business segments
      • Table Rockwell Automation – Organizational developments
      • Table Rockwell Automation – Geographic focus
      • Table Rockwell Automation – Segment focus
      • Table Rockwell Automation – Key offerings
    • Schneider Electric
      • Table Schneider Electric overview
      • Table Schneider Electric – Business segments
      • Table Schneider Electric – Organizational developments
      • Table Schneider Electric – Geographic focus
      • Table Schneider Electric – Segment focus
      • Table Schneider Electric – Key offerings
    • Siemens
      • Table Siemens overview
      • Table Siemens – Business segments
      • Table Siemens – Organizational developments
      • Table Siemens – Geographic focus
      • Table Siemens – Segment focus
      • Table Siemens – Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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