Representative End User Clients
Representative Automation Clients
Representative Software Clients
Automation suppliers saw their revenues drop by over 3 percent during the second quarter of 2015. The precipitous drop in oil prices and the strong dollar had a significant impact on growth for many process industry suppliers. Based on the corresponding drop in order activity, many suppliers have trimmed their expectations for business in the quarters ahead. Discrete automation suppliers continued to benefit from stronger investment activity in the electronics and automotive industries in Asia and North America, and Japanese suppliers continued to gain disproportionate benefit from a weaker yen.
Downward Trend Carries over to Q2
Compared to the second quarter of 2014, the total combined revenues of automation suppliers to both the process and discrete manufacturing industries dropped by 3.1 percent (see Figure 2 on page 5). Suppliers to the discrete industries saw a 1.2 percent increase in revenues; process industry suppliers saw their revenues fall by 5.7 percent, reflecting the slow-down in activity in the oil & gas sector. Among suppliers that report or-der intake, many saw large declines in activity during the quarter. On average, orders fell by nearly 7 percent (Figure 3, page 6).
ARC Advisory Group clients can view the complete report at this Link.
If you would like to buy this report or obtain information about how to become a client, please Request ARC Info
Keywords: Automation, Quarterly Supplier Results, Asia-Pacific, Europe, Middle East & Africa, Latin America, North America, ARC Advisory Group.