Robust Growth Ahead in Process Industry Automation
This report quantifies, analyzes, and forecasts the worldwide automation systems and services market for the process industries. A base year market size, forecast for each segment, and top leading suppliers for the overall market are presented.
Process industry automation continues to experience solid worldwide growth as plants must continue to improve performance. End users are driving plant performance to a level that would be inconceivable without modern process automation systems and business processes.
Constant cost pressures in the process industries leave no alternative but to improve plant performance, and process automation technologies play a key role in achieving this. These technologies help accomplish industry business objectives for improved plant utilization, yields, product quality, availability, safety, flexibility, and delivery performance.
This report also addresses government regulations, fieldbus solutions, capital expenditures, and factors contributing to market growth.
Strategic Issues
The global economy has also created competitive pressures amongst the process 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 can impact growth?
- What are the market trends impacting automation equipment?
- What are process industry dynamics?