Industrial Automation Services Companies

Competitive Landscape of Industrial Automation Services Market

The global industrial automation services market is experiencing a substantial growth trajectory, driven by factors such as increasing automation adoption across industries, rising demand for operational efficiency, and expanding digitalization efforts. This dynamic landscape necessitates a closer examination of the competitive landscape, key players, and emerging trends.

Key Players:

• Siemens AG (Germany)


• ABB Ltd. (Switzerland)


• Johnson Controls Inc. (Ireland)


• General Electric Company (US)


• Schneider Electric SE (France)


• Honeywell International Inc. (US)


• Mitsubishi Electric Corporation (Japan)


• Yokogawa Electric (Japan)


• Rockwell Automation Inc. (US)


• Ametek Inc. (US)

Competitive Strategies:

Key players in the market are adopting various strategies to maintain and expand their market share. These strategies include:

• Product Innovation: Developing new and advanced industrial automation services to cater to the evolving needs of customers.


• Geographic Expansion: Entering new markets and expanding their global footprint.


• Mergers and Acquisitions: Acquiring smaller companies to gain access to new technologies and expertise.


• Partnerships and Collaborations: Partnering with other companies to offer integrated solutions and expand their reach.


• Investment in Research and Development: Investing in R&D to develop new technologies and solutions.


• Focus on Customer Service: Providing excellent customer service and support to retain existing clients and attract new ones.

Factors for Market Share Analysis:

Several factors are considered when analyzing market share in the industrial automation services market. These include:

• Company revenue: The total revenue generated by a company from its industrial automation services.


• Geographic presence: The number of countries in which a company operates its industrial automation services.


• Product portfolio: The range of industrial automation services offered by a company.


• Customer base: The number and type of customers a company serves.


• Brand reputation: The overall reputation of a company in the industrial automation market.


• Strategic partnerships: The number and type of partnerships a company has with other companies in the industry.

New and Emerging Companies:

Several new and emerging companies are entering the industrial automation services market, offering innovative solutions and challenging the established players. Some notable examples include:

• AVEVA Group plc: A British software company specializing in industrial automation and plant design software.


• Advantech Co., Ltd.: A Taiwanese company offering a wide range of industrial automation products and services.


• Iconics Inc.: An American software company providing automation and visualization solutions.


• Ignition by Inductive Automation: An American software company offering an industrial automation platform.


• OSIsoft LLC: An American software company specializing in real-time data management solutions for industrial automation.

Current Company Investment Trends:

There are several notable trends in company investment within the industrial automation services market:

• Increased focus on Industry 4.0 technologies: Companies are investing in technologies like artificial intelligence, machine learning, and the Internet of Things (IoT) to develop smart and connected industrial automation systems.


• Investments in cybersecurity: With the rising threat of cyberattacks, companies are investing in cybersecurity solutions to protect their industrial automation systems.


• Focus on cloud-based solutions: Companies are increasingly offering cloud-based industrial automation services, which provide greater flexibility and scalability.


• Partnerships with technology providers: Companies are partnering with technology providers to develop new and innovative industrial automation solutions.


• Focus on sustainability: Companies are increasingly offering industrial automation services that help companies improve their sustainability performance.

Latest Company Updates:

September 2023 - IBASE, a renowned Taiwan-based computer manufacturer has released IB838 3.5” single board computer. This has been specially designed for an array of applications like automotive sectors, transportation, retail displays, and most importantly industrial automation & control. It will offer powerful performance with a low power consumption. Its other alluring features comprise extensive I/O options and intelligent power handling.

August 2023 - Renishaw, a popular worldwide engineering technologies company has launched a novel product line designed specifically for industrial automation sector. Building on its present technologies and expertise for the industrial metrology applications, the latest RCS product line will help in transforming the process to commission and service the industrial automation technologies. This new product line in fact has been created for solving few fundamental challenges in the worldwide industrial automation sector. It throws light on the issues related to calibration, manual set-up, and the maintenance of robots like repeatability and operational accuracy. The new range includes three products- RCS P, RCS T-90, and RCS L-90 series, each supported via a dedicated software suite.

June 2023 - Telstra has unveiled a novel end to end industrial automaton capacity to transform few of the biggest industries in Australia, thereby making them cleaner, safer, smarter, more secure, and more productive. The company’s ambition is in working with businesses hand in hand to sort their biggest issues- complex problems like managing legacy systems, technical skills shortages, environmental management, heightened cyber security risks, and siloed OT & IT systems. Their industrial automation capability provides holistic solutions spanning a range of services.