17 Aug '12, 11am

Credit Suisse report notes global #automation market growing twice as fast as industrial production via @dunkermotor

The analysis, running to 110 pages, shows that the factory automation market has grown by an average of 7.6% per year since 2003 – or 2.1 times the rate for global industrial production. Credit Suisse sees scope for it to grow even faster in future. This is partly because the efficacy of discrete automation is “becoming increasingly important, yet penetration remains low in many markets, offering scope for increased penetration to drive growth”. Another factor is that wages in China have now risen to the point that will trigger a surge in automation investments, the bank believes. Although it expects the growth rate of most industrial end-markets in China to slow down, it thinks that industrial automation will be an exception and predicts that sales of discrete automation could grow at a CAGR of 15–40% over the coming four years. The biggest end-user market for discrete au...

Full article: http://www.drives.co.uk/fullstory.asp?id=3597

Tweets

After Ramadan fast, Indonesians 'eat with a vengeance' - AsiaOne

After Ramadan fast, Indonesians 'eat with a ven...

asiaone.com 18 Aug '12, 4am

JAKARTA - As Indonesia shifts from a month of fasting during Ramadan to a week-long eating binge for the Eid al-Fitr Musli...

news: Global streaming music revenues increase ...

bigmouthmedia.com 16 Aug '12, 1pm

Home | Insights | Industry news 16 August 2012 | Author: C. Tate Media Content Manager Global streaming music revenues inc...

A physical therapist says his treadmill invention will speed your recovery – and make you faster.

A physical therapist says his treadmill inventi...

news.runnersworld.com 17 Aug '12, 4pm

By Michelle Hamilton LightSpeed creator Malcolm Macaulay runs at reduced weight using his invention. Photo by Amanda Hansa...

Cadillac will debut production ELR at next year...

green.autoblog.com 17 Aug '12, 11pm

The difference is the original Volt concept was obviously an extreme concept never aimed at production. It had something l...

Hyundai asked to consider production in ASEAN: Hyundai’s Indonesian operations is hoping that the Korean automa...

Hyundai asked to consider production in ASEAN: ...

paultan.org 17 Aug '12, 8am

Hyundai’s Indonesian operations is hoping that the Korean automaker will look towards the ASEAN market for growth, suggest...

Analysts See Unmanned Aircraft Market Growing

defensenews.com 08 Aug '12, 10am

LAS VEGAS – The global unmanned aircraft market will continue to grow in the coming decade as many nations increase spendi...