Discrete automation growing worldwide
As manufacturing plants and OEM machine builders continue to invest in automation, the worldwide market for discrete automation systems should grow 6.8% annually over the next five years.
The
market, which was nearly $17
billion in 2006, should reach
$23 billion by 2011, according
to a new study by ARC Advisory
Group, Dedham, Mass.
As India and China move
toward manufacturing highervalued
goods, ARC sees more
foreign domestic machine
builders establishing production
in Asia. Industries such as
automotive, electronic, semiconductor,
plastics, and rubber
are primary users of discrete
automation.
For more information on
this study, visit arcweb.com/res/tadww.