Automation market growth driven by software and service
The food & beverage industry continues to one area of healthy growth, according to ARC Research Director Larry O’Brien, principal author of ARC’s “Total Automation Business for Process Industries Worldwide Outlook, Market Analysis & Forecast Through 2006.”
Growth in the process automation market will be driven by software and services. Traditional hardware-based markets, such as PLCs, valves, analytical, flow, and transmitters, will all experience below average growth through 2006.
Additional information on this study can be found at: http://www.arcweb.com/arcweb/Advisory/Studies/Auto/auto_process.asp