Lewes, DE -- (SBWIRE) -- 10/07/2015 -- Report forecast the automation aftermarket services and outsourcing market in APAC to grow at a CAGR of 12.18% over the period 2014-2019.

Industrial automation refers to automating a plant's facilities and machineries using control and monitoring products such as drives, actuators, PLC, SCADA, and DCS. In plants, automation helps reduce human intervention in repeated operations, increase process efficiency, and aid in effective monitoring and control. Industries such as automotive, oil and gas, power, chemical, and food and beverage are the major end-users of automation solutions to increase their productivity and efficiency.

End-users either introduce automation solutions and get aftermarket support from a single source vendor or go for outsourcing for all their automation needs based on their requirements and budgetary allocations. The outsourcing activity involves all the operations from consulting services to spare parts management.

This report covers the present scenario and the growth prospects of the automation aftermarket services and outsourcing market in APAC for the period 2015-2019. To calculate the market size, the report considers revenue generated from the different service types. The report also presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the market. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market

According to the report, the need for automated factories has increased worldwide. Process and discrete industries are looking at automation to improve plant efficiencies. Automation enables improved communication and precise coordination within factories and ensures flexibility in processes.

Key region
- APAC

Key players in the Automation Aftermarket Services and Outsourcing Market in APAC: ABB, Honeywell, Rockwell Automation and Siemens

Other Prominent Vendors in the market are: Applied Material, Apriso, Aspen, Camstar, Control Systems, Emerson Electric, Eyelite, GE, Invensys, Metso, Miracom, Mitsubishi, Omron, SAP, Schneider, Toshiba, Werum Software, Wood Group Mustang, and Yokogawa.

Key market driver
- Growing need for automation
- For a full, detailed list, view our report

Key market challenge
- Need for technical expertise
- For a full, detailed list, view our report

Key market trend
- Growing MAC concept
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 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?

Spanning over 63 pages "Automation Aftermarket Services and Outsourcing Market in APAC 2015-2019" report covers Executive Summary, Scope of the Report, Market Research Methodology, Introduction, Market landscape, Five forces analysis, Market segmentation by service type, Market segmentation by end user, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/automation-aftermarket-services-and-outsourcing-market-apac-2015-2019

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