Globalization Will Drive Market Growth
This report quantifies, analyzes, and forecasts the worldwide automation systems and services to the discrete industries. A base year market size, forecast for each segment, and top leading suppliers for the overall market are presented.
Market data in this study is for industrial automation products which include PLC and PLC-based PAC, AC Drives, General Motion Control, Computer Numeric Control, Human Machine Interface, Collaborative Production Management, and Machine Safeguarding.
The Automation Expenditures for Discrete Industries market rebounded in 2010 after recovering from a deep global downturn in 2009. Domestic demand will remain strong in emerging and developing economies. Consequently, the global automation systems market for discrete industries will experience moderate growth during the five year forecast period.
The rapidly expanding middle class in Asia, Eastern Europe, and Latin America is creating tremendous consumer demand. This offers enormous promise for industries that provide their products and services to the burgeoning ranks of new consumers.
Strategic Issues
With global financial stability being restored, the market is expected to grow moderately due to investments in the manufacturing and infrastructure industries worldwide, creating competitive pressures amongst the suppliers. This report provides insights for these suppliers to help answer questions such as:
- Which are the growth industries and which are not?
- Which regions are growing faster?
- What are regional scenarios that impact growth?
- What are the market trends impacting automation equipment?
- What dynamics are at play in discrete industries?
