The major factors driving the growth of the system integrator market for industrial automation include the growing use of Internet of Things (IoT) in industrial automation, rising safety and security concerns, demand for low-cost energy-efficient production process by manufacturing plants, automation in manually uncontrollable processes, advancement in cloud computing technology, higher bargaining power of system integrators, and bundled products offered by system integrators.
According to the new market research report on the „System Integrator Market for Industrial Automation by Service Outlook (Consulting, Hardware, and Software), Technology (SCADA, PLC, PAC, RTU, DCS, MES & MOM, PLM, HMI, APC, OTS, Safety Automation), Industry, and Geography – Global Forecast to 2022″, The system integrator market for industrial automation is expected to reach USD 56.05 Billion by 2022 from USD 41.47 Billion in 2016, at a CAGR of 5.0% between 2017 and 2022.
The PLC, PAC, and RTU technology held the largest share of the system integrator market in 2016. The growth of this market can be attributed to the huge demand for controlling the manufacturing plant machinery. This technology collects data from various sources in plants and sends it to the SCADA or DCS for analysis at remote locations.
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The market for the automotive industry is expected to grow at the highest rate between 2017 and 2022 owing to the increasing inventory management, performance analysis, design process, and supply chain management in these industries. The growth in the automotive industry owing to the increasing global demand for vehicles is encouraging companies to increase their production rates, thereby leading to the increasing adoption of automation in the industry.
Dominant players in the system integrator market for industrial automation include Wood Group Mustang (US), Prime Controls LP. (US), ATS Automation (Canada), Maverick Technologies (US), Wunderlich – Malec Engineering (US), Mangan Inc. (US), Avanceon (US), Dynamysk Automation Ltd. (Canada), Tesco Controls Inc. (US), Stadler+Schaaf Mess–Und Regeltechnik GmbH (Germany), INTECH Process Automation (US), Design Group (US), CEC Controls Co. Inc. (US), Burrow Global LLC (US), and Matrix Technologies (US).