Industrial Automation Electronics Equipment Market Set to Surpass Pre-recession levels in 2011
Date: 06 June 2011

Following initial reports of a strong first quarter for industrial automation electronics equipment (IAEE), IMS Research has upgraded its forecast to 12.9% market growth in 2011. The global IAEE market is now projected to be worth $97 billion in 2011, according to a new report, “The World Market for Industrial Automation Electronics Equipment” from IMS Research.

 

Growth in the IAEE market relies heavily on machinery production, which performed exceptionally well last year. “Initial indicators show that the strength in machinery production during 2010 has continued into 2011, and the outlook remains positive,” says IMS Research market analyst Andrew Robertson. The strongest performances will again come from Eastern Europe and China, leading to global growth of 9.8% for machinery production during the year.”

 

In contrast, key process equipment markets dependent upon capital investment declined in 2010, due to continued tight lending conditions. In addition, order books were strong entering the downturn, creating a lag in recovery. However, IMS Research’s latest quarterly service indicates an impressive first quarter, suggesting that capital expenditure levels will be strong in 2011.

 

With good opportunities from machinery production and capital investment, this year is predicted to be a peak growth year for the market. In 2011, the IAEE market is forecast to grow more than double the historic annual average of 6.2%.

For more information please contact:

IMS Research: Jenalea Howell, Research Manager

T: +1 512 302 1977

Jenalea.Howell@imsresearch-usa.com

 

About the Industrial Automation Electronics Equipment report

IMS Research provides an in-depth service that evaluates the global Industrial Automation Electronics Equipment market. The service includes a detailed overview of the major equipment markets within this sector in Europe, Middle East & Africa (EMEA), the Americas, and Asia Pacific. IMS Research has been producing data on these markets for over 10 years, and through this service both annual statistics and optional quarterly updates on this market are now available. The Industrial Automation Electronics Equipment report will include a comparison of revenue growth in the industrial electronics market with key underlying growth factors such as global machinery production data and real GDP. Market shares for lending vendors in the major equipment markets will also be provided.

Editors Note :

About IHS Inc. (www.ihs.com)

IHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today’s business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS employs more than 5,600 people in more than 30 countries around the world.

About IMS Research:

IMS Research is a leading independent supplier of market research and consultancy to the global electronics industry, offering syndicated market studies, bespoke research and consultancy services. Clients include most of the household names in the industry. IMS Research has offices in Europe, the US, China, Taiwan, South Korea and Japan. To find out more, contact IMS Research: enquiries@imsresearch.com; T: +44 (0) 1933 402255; http://imsresearch.com

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