Introduction
To provide our Advisory Service clients with holistic coverage of the various industrial and automation markets we cover, ARC Advisory Group publishes indices of revenues from automation, and machinery companies as well as indices of revenues and CapEx from end user industries on a quarterly basis.
This Special Report in PowerPoint format is concise and focuses more on the quantitative than the qualitative aspects of the automation, end user, and machinery industrial markets.
Automation Index: Raw vs. Seasonally Adjusted Data
- Per Q3 2024 results, global automation markets continued to see a slower growth same as in Q2 on YoY basis.
- The YoY growth cycle continued to show further decline of about 5 percent.
- Majority of the growth is driven by electrification, water & wastewater, and process industry segments.
- Continued demand from the US and from some key economies with strong capital investments in India, Southeast Asia, and Middle East & Africa and energy transition (generation, transmission and distribution) and aerospace & defense markets led the growth. Strong activity in energy transition segment in Europe.
- While the raw data shows a marginal growth of about 2 percent, seasonally adjusted data shows stable with a marginal growth.

Americas
- Per Q3 2024, demand for automation products continued to expand and the market performed slightly better than Q2 on YoY basis.
- The YoY growth cycle shows a decline, but the decline is just about 2 percent. We expect growth cycle to see positive growth figures in the next quarters.
- Continued demand driven by need for automation and investments in capacity expansions, strong activity in energy transition, electric power, buildings, mining & metals, and aerospace & defense.
- Discrete industry market segments continued to decline, but there are signs of recovery as some discrete industries seem to be bottomed, especially semiconductor.
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