(ARC Advisory Group) The Automation Expenditures for Discrete Industries market rebounded in 2010 after recovering from a deep global downturn in 2009. 2010 started out with sluggish order activity, which later escalated, resulting in a recovery in 2010 that was more robust than expected earlier in the year. Emerging economies, including the BRIC (Brazil, Russia, India, and China) countries, drove growth for the Automation Expenditure for Discrete Industries market in 2010, according to a new ARC Advisory Group study.
The second largest economy in the world, China, continues to be a growth driver for the overall automation business. Current activities reflect that China and India are still investing in automation. “Domestic demand will remain strong in emerging and developing economies. Consequently, the global automation systems market for discrete industries will experience moderate growth during the five year forecast period,” according to Senior Analyst Himanshu Shah, the principal author of ARC’s “Automation Expenditures for Discrete Industries Worldwide Outlook”.
Air Jordan XIV 14 Shoes