Automation Systems Market Will Resume Growth
This report quantifies, analyzes, and forecasts the worldwide automation systems and services market for the discrete industries. A base year market size, forecast for each segment, and top leading suppliers for the overall market are presented.
The short term forecast for the global automation systems market for discrete industries looks bleak, but during the latter part of the five year forecast period, moderate market growth is expected to resume. Once the economic turmoil settles, the globalization environment will resume, which will once again cause manufacturing companies to invest in capital expenditure. The increased use of automation by manufacturers is vital due to the environment created by globalization.
The discrete industries are taking the brunt of the economic downturn. This report discusses how the market growth for automation systems for discrete industries will be driven by increased consumer consumption and additional infrastructure projects.
Infrastructure investments in emerging economies will drive general economic expansion, fueling middle class consumption that will boost demand for automobile and consumer product goods. This will directly fuel growth in other discrete industries such as automotive, machinery, plastic & rubber, and electrical & electronics sectors.
Strategic Issues
While investments in industrial automation are slowing down in the current economic environment, this effect is only temporary. The global economy creates competitive pressures amongst the discrete automation 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?