Representative End User Clients
Representative Automation Clients
Representative Software Clients
ARC Advisory Group's quarterly Automation Index shows that the business development for automation suppliers over the last quarters has been negative, with the global index contracting for two quarters in a row. North America in particular was hit hard by the decline in oil & gas-related investment, a sector that had pushed growth in the automation market there in recent years. Europe showed a sluggish, if overall stable trend. The worsening economic situation in China caused the overall Asian index to decline.
It is always hard to quantify direct and indirect impacts on many markets. Dropping oil prices and fluctuating exchange rates continue to have both positive and negative impacts across markets.
A more crucial point is that the growth engine of the last decade, the BRICs (Brazil, Russia, India, and China), has stalled. Brazil is already in a downfall with no clear sign of returning to a growth path soon. Russia has been hit hard by both the low oil and gas prices and by European sanctions in response to its actions in the Crimea. India once again struggles with high inflation and a troublesome bureaucratic environment, and China has entered a "new normal" phase characterized by slower growth and a likely transition to a new manufacturing model.
Overall, the index developed in negative fashion over the past two years, showing the declining orders for automation equipment within this time period. Slow performance in China, Brazil, and many European countries are responsible for this downward trend.
Methodology and Sample
ARC Advisory Group's quarterly Automation Index report summarizes the current state of automation markets to enable clients to learn from past developments. The report also provides a forecast based on major variables, such as investment, consumer spending, GDP, and other leading economic indicators. ARC bases its index on publically available data of major automation companies, including published revenues. Each vendor is included within its region of origin. Extreme values, such as those resulting from acquisitions, are excluded, and all raw data is seasonally adjusted. ARC's methodology, based on a Paasche Index, calculates the growth from one period to the next based on the data available in the initial period.
Table of Contents
- Executive Overview
- Methodology and Sample
- Automation Markets in North America
- Automation Markets in Europe
- Automation Markets in Asia
- Merger & Acquisition Index
ARC Advisory Group clients can view the complete report at ARC Client Portal on www.ARCweb.com or Box.com
If you would like to buy this report or obtain information about how to become a client, please Request ARC Info
Keywords: Automation Index, Automation Markets, Leading Economic Indicators, ARC Advisory Group.