industrial automation: global demand continues to rise | an aranca infographic
DESCRIPTION
The global manufacturing industry is becoming increasingly competitive with heavy focus on international standards. Demand for industrial automation especially in emerging manufacturing hubs like India and China is on the rise.TRANSCRIPT
Industrial Automation Global Demand Continues to Rise
The global industrial automation market, which is expected to witness a CAGR of ~10% between 2012 to 2018, will be led by China and the US
Global industrial automation market (US$ billion)
End-markets of global industrial automation, 2012
Growth Drivers
As of 2012, North America and Asia accounted for nearly 65% of the demand for industrial automation
More than half of the demand for industrial automation is being driven by the need to increase machine output in the manufacturing sector
The Automotive, Pharma, Power , and Packaging sectors together accounted for close to 48% of the revenues from global industrial automation
As of 2012, factory and process automation accounted for 46% and 54% of the demand for global industrial automation, respectively
2012 2013e 2014e 2015e 2016e 2017e 2018e
155171
189210
232256
283
CAGR: 10.5%
Factory Automation (US$72bn) Process Automation (US$83bn)
Packaging19%
Textile12%
Food Processing6%
Others28%
Automotive35%
Power19%
Oil & Gas17%
Plastic10%
Food Processing5%
Others26%
Pharma23%
Increased focus of car manufacturers on cost management strategy
Countries looking to expand downstream petrochemical capacity to reduce dependence on energy imports
Strict enforcement of food safety regulations in emerging markets
Increase of factory automation in automotives
Increase of process automation in oil & gas
Increase of factory and process automation in food & beverage sector
IMPACT
Source: Credit Suisse, Roland Berger, Industry Arc, Desk Research
DRIVERS
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Compiled by: Arpit khullar
As the global manufacturing industry is becoming increasingly competitive, companies are forced
to meet international standards while maintaining cost controls and delivering optimal
productivity. All these factors are expected to drive the demand for industrial automation
especially in emerging manufacturing hubs like China and India. Industrial automation is also set
to benefit many process driven industries such as pharmaceuticals and power sectors, among
others, which are major end-users of plant automation solutions - a rapidly growing segment in
China, India and Eastern Europe countries.
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