U.S. to lead strong 2012 for Industrial Automation Equipment

The market for industrial automation electronics equipment had a strong year in 2011, growing revenues by 12.1%

03/16/2012


IMS Research: Excellence in market intelligenceThe market for industrial automation electronics equipment had a strong year in 2011, growing revenues by 12.1%

The global economy further recovered from the recession, according to figures from IMS Research’s Industrial Automation Equipment (IAE) report. While 2010 was a strong recovery year for many industrial automation products, many large projects had still not restarted from the downturn and industry sectors such as oil + gas, shipbuilding + marine, metals and mining remained slow throughout the year. Many restarted in 2011, and automation equipment predominantly used by these industries, grew strongly in the first half of 2011 as a result.

The industrial automation equipment market is predicted to have strong revenue growth of 10.7% in 2012, though with a substantial difference between the motors + motor controls (13.8%) and automation equipment (8.2%) segments. The motors + motor controls market is expected to benefit from a continuation of the large projects business, in addition to the effects of energy savings legislation.

Sales of motors in particular are predicted to perform very well in 2012, with forecast revenue growth of 16.2%. More than 50% of this figure is attributed to low voltage ac induction motors, which are most affected by the legislative landscape with the Americas region predicted to be strong going forward.

As a result, IMS Research’s machinery production forecasts have been lowered slightly for 2012 across all regions except the US. Machinery production makes up only a small percentage of GDP, and is thus only slightly affected; direction of the market is more indicative than the degree of change.

As the US market was the first region to enter the downturn, the country is also expected to lead the world into sustained growth in the first half of 2012. The rest of the world is expected to continue the recovery later in 2012; therefore, the second half of 2012 is expected to be stronger than the first. IMS Research executive vice president Adrian Lloyd says: “We don’t expect austerity measures will have a significant impact on machinery production, as the cuts being made don’t appear to directly relate to capital expenditure.”

The IMS Research IAE study is a quarterly report service that publishes revenues for major automation equipment and motors + motor controls markets by the major geographic regions: EMEA, Americas, and Asia Pacific (including Japan). For the first time, the 2012 edition of the report will publish unit shipments and average selling prices of these markets, as well as provide new analysis of the mechanical + fluid power transmission segment.



No comments
The Top Plant program honors outstanding manufacturing facilities in North America. View the 2015 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
World-class manufacturing: A recipe for success: Finding the right mix for a salad dressing line; 2015 Salary Survey: Manufacturing slump dims enthusiasm
2015 Top Plant: Phoenix Contact, Middletown, Pa.; 2015 Best Practices: Automation, Electrical Safety, Electrical Systems, Pneumatics, Material Handling, Mechanical Systems
A cool solution: Collaboration, chemistry leads to foundry coat product development; See the 2015 Product of the Year Finalists
Digital oilfields: Integrated HMI/SCADA systems enable smarter data acquisition; Real-world impact of simulation; Electric actuator technology prospers in production fields
Special report: U.S. natural gas; LNG transport technologies evolve to meet market demand; Understanding new methane regulations; Predictive maintenance for gas pipeline compressors
Cyber security cost-efficient for industrial control systems; Extracting full value from operational data; Managing cyber security risks
Getting ready for industrial IoT; Visualizing the (applied) automation continuum; Preventing VFD faults and failures; Using wireless for closed-loop applications
Migrating industrial networks; Tracking HMI advances; Making the right automation changes
Understanding transfer switch operation; Coordinating protective devices; Analyzing NEC 2014 changes; Cooling data centers

Annual Salary Survey

After almost a decade of uncertainty, the confidence of plant floor managers is soaring. Even with a number of challenges and while implementing new technologies, there is a renewed sense of optimism among plant managers about their business and their future.

The respondents to the 2014 Plant Engineering Salary Survey come from throughout the U.S. and serve a variety of industries, but they are uniform in their optimism about manufacturing. This year’s survey found 79% consider manufacturing a secure career. That’s up from 75% in 2013 and significantly higher than the 63% figure when Plant Engineering first started asking that question a decade ago.

Read more: 2014 Salary Survey: Confidence rises amid the challenges

Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Society for Maintenance and Reliability Professionals an organization devoted...
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.
This article collection contains several articles on the vital role that compressed air plays in manufacturing plants.