Le Lézard
Classified in: Covid-19 virus
Subject: MRR

Instrumentation Services Market Records a CAGR of 4.43% by 2025 | 31% Growth to Originate from North America | 17,000+ Technavio Reports


NEW YORK, Oct. 20, 2021 /PRNewswire/ -- The instrumentation services market is set to grow by USD 1.21 billion from 2021 to 2025, progressing at a CAGR of 4.43% during the forecast period. The report on the instrumentation services market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

Download Our Free Sample Report for more information on the factors influencing the potential market growth variance.

Technavio analyzes the market by End-user (Process Industries and Discrete Industries), Service (Calibration, Maintenance and repair, and Commissioning and testing), and Geography (North America, APAC, Europe, MEA, and South America). This report also 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.

The rising number of industrial internet of things (IIoT) applications is expected to have a positive impact on the growth of the instrumentation services market during the forecast period. However, increasing standardization of instruments and communication protocols may impede market growth. 

Subscribe to our "Lite Plan" billed annually at USD 3000  to join our community and view 3 reports monthly and download 3 reports annually.

The instrumentation services market covers the following areas:

Instrumentation Services Market Sizing
Instrumentation Services Market Forecast
Instrumentation Services Market Analysis

Companies Mentioned

Related Reports:

Industrial Automation Services Market by Service, End-user, and Geography - Forecast and Analysis 2021-2025

Industrial Automation and Instrumentation Market in India by Product, End-user, and Geography - Forecast and Analysis 2020-2024

Instrumentation Services Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4.43%

Market growth 2021-2025

USD 1.21 billion

Market structure

Fragmented

YoY growth (%)

3.60

Regional analysis

North America, APAC, Europe, MEA, and South America

Performing market contribution

North America at 31%

Key consumer countries

US, China, Germany, Japan, and South Korea (Republic of Korea)

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ABB Ltd., Agilent Technologies Inc., Branom Instrument Co., Endress Hauser Group Services AG, Honeywell International Inc., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Trescal SA, and Yokogawa Electric Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio


These press releases may also interest you

at 12:15
Linc Housing announced that construction is underway on North Harbor...

at 11:30
The "Global Antibody Therapeutic Market: Focus on Format, Disease Area, Route of Administration, End Users, Region, and Competitive Landscape - Analysis and Forecast, 2024-2033" report has been added to  ResearchAndMarkets.com's offering. The global...

at 11:15
The "Europe Power Supply Equipment Market for Water Electrolysis: Focus on Application, Equipment Type, and Country - Analysis and Forecast, 2023-2032" report has been added to ResearchAndMarkets.com's offering. The Europe power supply equipment...

at 11:05
iLearningEngines Inc. ("iLearningEngines" or "the Company"), a leader in AI-powered learning automation and information intelligence for corporate and educational use, today announced that Michael Moe and Ian Davis will join the board of directors...

at 11:00
Astellas Pharma Inc. (TSE:4503, President and CEO: Naoki Okamura,...

at 10:45
The "U.S. Augmented and Virtual Reality Headset Market - A Country Analysis: Focus on Application, Product, and Country - Analysis and Forecast, 2024-2033" report has been added to ResearchAndMarkets.com's offering. The U.S. augmented and virtual...



News published on and distributed by: