Emerging Economies and Energy Cost Savings Drive Growth
The Automation Expenditures in the Automotive Industry Global
Market Research Study quantifies, analyzes, and forecasts worldwide automation
systems and services for manufacturing processes in the automotive industry. 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, CNC, HMI,
Collaborative Production Management, Enterprise Asset Management, and Machine
Demand for automation equipment for manufacturing processes in the
automotive industry remained strong due to demand for energy efficient solutions
and to improve productivity.
The globalization environment drives
manufacturers and other industrial operations to address initiatives for energy
cost savings and reducing energy consumption, as well as for safety and
sustainability needs. This environment created tremendous growth opportunities
for automation equipment for automotive companies.
The rapidly expanding middle class in Asia, Eastern Europe, and Latin
America is creating huge consumer demand. This offers enormous promise for
industries that provide their products and services to the burgeoning ranks of