LONDON, May 30, 2012 /PRNewswire via COMTEX/ –
Frost Sullivan released its three big predictions for the industrial automation and process control market. Energy efficiency and sustainability, smart technologies and the influence from BRIC and other emerging economies will be the key topics in 2012 and beyond.
Based on a survey of several hundred companies conducted in December 2011, this research paper highlights areas of growth. «Energy efficiency, advanced technology and geo-economics will transform the face of industrial automation in the future. Along with sustainability, these factors are set to influence product design, project cost and service capabilities of industrial automation vendors in the next-generation enterprise,» comments Muthukumar Viswanathan, Director for Automation and Process Control at Frost Sullivan.
The key themes outlined below feature heavily in Frost Sullivan’s industrial automation and process control research programme for 2012. A key driver for the research is the work Frost Sullivan has been conducting around Mega Trends which are driving new and emerging market segments for key industry participants.
Energy efficiency and sustainabilitySustainability, in terms of energy and resource efficiency, will be a key ingredient for the success of the global manufacturing industry. The growing focus on the implementation of energy efficient solutions in both process and discrete industries will also promote sustainable manufacturing. Energy efficiency concerns will dominate business in the electric motors market, with class IE3 energy efficiency – a stricter requirement compared to class IE2 energy efficiency – required in 2015. In addition, wastewater treatment and handling pumps will dominate traditional water pumps across the globe. All in all, the four major spheres of influence that will determine business models in future factories are Integrated Enterprise Ecosystem, Sustainability, Life Cycle Assessment and Eco-Efficiency Analysis.
Smart technologiesFactories of the future will be driven by megatrends such as cloud computing, cyber security and mobile and wireless communication technologies. The need for higher productivity and greater efficiency will drive organisations to implement greater interaction between the factory floor and enterprise across all end-users. This will be achieved also by leveraging on technology to provide automation solutions enabling end-users to gain a competitive edge in the global market. Asset management and flexible manufacturing will also drive factory integration with enterprise, and the will be high potential for automation and customised service solutions in industrial applications.
BRIC and other emerging economiesBRIC and other emerging economies across the globe are likely to sustain high growth in industrial automation markets. The strongest growth is expected in emerging markets, especially in the Middle East, South East Asia, and Eastern Europe. Opportunities connected with the modernisation of old infrastructure also exist in developed regions such as North America and Western Europe. In addition, flexible manufacturing will aid regional customisation by aligning the product portfolio to suit market demands.
Frost Sullivan insight on the three big predictions for 2012 and beyond is available on SlideShare:
http://www.slideshare. net/FrostandSullivan/frost-sullivan-whats-hot-in-the-industrial-automation-and-process-control-industry
To know more about Frost Sullivan predictions and to find out where the global hot spots are in the industrial automation and process control industries, please contact Anna Zanchi, Corporate Communications, at anna.zanchi@frost. com
About Frost SullivanFrost Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company’s Growth Partnership Service provides the CEO and the CEO’s Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit
http://www.frost.com
ContactAnna ZanchiCorporate Communications – EuropeP: +39 02 46514819E: anna.zanchi@frost.com
http://www.frost. com
SOURCE Frost Sullivan
Copyright (C 2012 PR Newswire.
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