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The instrumentation services market is forecasted to grow by USD 1.75 billion during 2023-2028, accelerating at a CAGR of 5.39% during the forecast period. The report on the instrumentation services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising number of industrial internet of things applications, growing installed base of instrumentation and control systems, and increasing stringency of environmental regulations by governments.
The instrumentation services market is segmented as below:
By Service
- Calibration
- Maintenance and repair
- Commissioning and testing
By End-user
- Process industries
- Discrete industries
By Geography
- North America
- APAC
- Europe
- Middle East and Africa
- South America
The report on the instrumentation services market covers the following areas:
- Instrumentation services market sizing
- Instrumentation services market forecast
- Instrumentation services market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Service
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global instrumentation services market: ABB Ltd., Agilent Technologies Inc., Alco Valves Group, Branom Instrument Co., Charnwood Instrumentation Services Ltd., Emerson Electric Co., Endress Hauser Group Services AG, Honeywell International Inc., KROHNE Messtechnik GmbH, Larsen and Toubro Ltd., Marsh Instrumentation Ltd., Miraj Instrumentation Services I Pvt. Ltd., Parker Hannifin Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Swagelok Co., Trescal International SAS, Utilities Instrumentation Service Inc., and Yokogawa Electric Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is on-site 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 applications.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Agilent Technologies Inc.
- Alco Valves Group
- Branom Instrument Co.
- Charnwood Instrumentation Services Ltd.
- Emerson Electric Co.
- Endress Hauser Group Services AG
- Honeywell International Inc.
- KROHNE Messtechnik GmbH
- Larsen and Toubro Ltd.
- Marsh Instrumentation Ltd.
- Miraj Instrumentation Services I Pvt. Ltd.
- Parker Hannifin Corp.
- Rockwell Automation Inc.
- Schneider Electric SE
- Siemens AG
- Swagelok Co.
- Trescal International SAS
- Utilities Instrumentation Service Inc.
- Yokogawa Electric Corp.