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Market Leader - System Integrator Market

The system integrator market for industrial automation has been segmented on the basis of service outlook, technology, industry, and geography. The market is expected to witness significant growth during the forecast period. The system integrator market for industrial automation is expected to grow at a CAGR of 5.0% between 2017 and 2022.

The system integrator market is highly competitive with the presence of both small and big players in the market. The strategy of contracts has been mainly adopted by the market players to grow in this market. Besides contracts, companies have also adopted the strategies of new product developments, acquisitions, partnerships, expansions, agreements, contracts, alliances, and collaborations to expand their business operations, product portfolio, and distribution network. This also helps the companies to strengthen their market share and position.

Wood Group Mustang is a leader in providing services such as engineering, integration, and implementation of control automation for process industries. The company has 18 offices worldwide with operational units in Africa, Asia Pacific, Europe, Latin America, the Middle East, and North America. The company’s product portfolio includes control system and a full spectrum of hardware and software products. Wood Group also provides intelligent operations products for clear value solutions across the manufacturing execution systems (MES) and manufacturing operations management (MOM), which are required for customers in process, upstream, and downstream oil and gas industries. The company is largely involved in contracts and agreements to expand its business across geographies. For example, it signed a contract with ExxonMobil Chemical to provide automation services for its polyethylene plant. It signed a five-year agreement with Saudi Aramco to provide engineering and project management services. The company is also engaged in the development of solutions for industrial automation. For instance, in February 2017, it launched a new version of Envision software, which ensures data gathering, monitoring, troubleshooting, and reporting to the concerned industry department.

Maverick Technologies is a leader in industrial automation, enterprise integration, and strategic manufacturing solutions. The company has expertise in automation, operational consulting, system integration, field services, and sustaining services. The company’s services and solutions portfolio includes On Track and Sure Start for industrial automation and enterprise integration. The organization derives its major revenue from industries such as oil and gas, food and beverage, utilities, pulp and paper, manufacturing, and life sciences. Maverick has completed more than 15,000 projects related to processing and non-processing industries across the globe. The company focuses on new product development to strategically increase its product portfolio and generate revenue through innovative installations. For example, in 2016, the company launched 2 major solutions—alarm response management system and a new app eStart. In 2016, Rockwell Automation acquired Maverick Technologies to increase its domain expertise.

Related Reports:

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

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