Global MRO for Automation Solutions Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023

MRO means maintenance, repair and operations, also maintenance, repair and overhaul, fixing or maintaining any sort of mechanical, plumbing or electrical equipment. Most industries today are becoming more mindful of customer needs, forcing them to develop new and resourceful ways to reduce costs, improve quality, and to ensure the best possible customer service. Services form a major part of the industrial automation market with maintenance, repair, support, operations, and updates. A majority of the end-users are outsourcing these services to solution providers or third party companies who can monitor and support the requirement of the end-users. The liability on operations and support are completely transferred to the vendors by the end-users thereby leaving the end-users to concentrate on the core process.



Scope of the Report:

This report studies the MRO for Automation Solutions market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the MRO for Automation Solutions market by product type and applications/end industries.

Automation has become the norm for many manufacturers as they have to optimize operations and produce quality products in a short period. Automation requires continuous maintenance and repair of equipment to achieve efficiency. Consequently, manufacturers choose to outsource MRO to third party vendors as it costs them a lot of money and time to carry out MRO activities. As a result of market demand, the MRO market for automation solutions has resulted in outsourcing by both process and discrete industries.

The global MRO for Automation Solutions market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of MRO for Automation Solutions.

Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.



Market Segment by Companies, this report covers

ABB

Honeywell

Rockwell Automation

Siemens

W.W. Grainger

Bilfinger

Brammer

Emerson Electric

General Electric

Omron

Rexel

Schneider Electric

Toshiba

WESCO International

Wood

Yokogawa Electric

Yaskawa

Mitsubishi Electric



Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)



Market Segment by Type, covers

Maintaines

Repair

Operation



Market Segment by Applications, can be divided into

Discrete

Process