SI Growth and Engineering Skills Needed

According to this report, the system integrator market for industrial automation is valued at USD 27.0 billion in 2022 and is anticipated to be USD 35.5 billion by 2027, according to a new report by Research and Markets. The market for system integration services is expected to grow at a CAGR of 5.6% from 2022 to 2027.

According to researchers, a major problem in industrial automation is the amount of time it takes to acquire adequate engineering skills to address the variety of disciplines involved in a project. Most qualified engineers are employed at the systems integration level and only a few at the engineering, procurement, and construction (EPC) levels, and practically none at the front-end engineering design (FEED) level. There is a continuous need for skilled professionals who can effectively operate system integration equipment. The proper usage of equipment requires personnel with expertise, relevant experience, and knowledge. The selection of the right operational techniques specific to a given task is critical.

The report includes market statistics pertaining to by service outlook, technology, industry and region. Major market drivers, restraints, challenges, and opportunities are detailed.  Illustrative segmentation, analyses, and forecasts for the market based on product, material type, frequency band, application and region have been conducted to provide an overall view of the system integrator market. The report also includes an in-depth analysis and ranking of key players. More information can be found here.

March 29, 2023