Travel & Tourism Industry release:
The global industrial pressure measurement product services market to grow at a CAGR of 5.67% during the period 2018-2022.
Global Industrial Pressure Measurement Product Services Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Industrial pressure measurement product services include calibration and commissioning, repairs, retrofits, and replacement services for the end-users.
One trend in the market is increasing need for predictive maintenance. The high adoption of smart sensors has increased the adoption of predictive maintenance in industries. The implementation of predictive maintenance helps in defining the replacement and maintenance intervals for the equipment present within the industry. This aids the industries in reducing the downtime and stocking the inventory for replacement.
According to the report, one driver in the market is growing need to maximize production yield. The process and discrete industries across all geographies are looking to maximize their production yield by reducing the downtime. The reduction of downtime can be achieved by maintaining the equipment in proper condition. Calibration of the equipment ensures that it is ready to be used in industrial facilities.
Further, the report states that one challenge in the market is high competition due to price sensitivity. The presence of numerous vendors in the global industrial pressure measurement product services market affects the pricing of the services provided by different vendors. The pricing for the services offered by most vendors is similar to that of the competitors.
- Rockwell Automation
- Schneider Electric
- Yokogawa Electric
Key Topics Covered:
PART 01:EXECUTIVE SUMMARY
PART 02:SCOPE OF THE REPORT
PART 03:RESEARCH METHODOLOGY
PART 04:MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05:MARKET SIZING
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06:FIVE FORCES ANALYSIS
PART 07:MARKET SEGMENTATION BY APPLICATION
- Calibration and Commissioning services
- Repair, retrofit, and replacement services
PART 08:CUSTOMER LANDSCAPE
PART 09:MARKET SEGMENTATION BY END-USER
- Segmentation by end-user
- Comparison by end-user
- Process industry – Market size and forecast 2017-2022
- Discrete industry – Market size and forecast 2017-2022
- Market opportunity by end-user
PART 10:REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Market opportunity
PART 11:DECISION FRAMEWORK
PART 12:DRIVERS AND CHALLENGES
PART 13:MARKET TRENDS
PART 14:VENDOR LANDSCAPE
PART 15:VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
For more information about this report visit https://www.researchandmarkets.com/research/frdb95/global_industrial?w=5
Research and Markets
Laura Wood, Senior Manager
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SOURCE Research and Markets
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