Video: Industry executives reflect on business outlook survey

Automation industry leaders offer their thoughts on the results of Control Engineering and Morgan Stanley's global research project.

03/19/2010


business outlook video - part1

While attending the ARC Advisory Group Industry Form last February in Orlando, executives from six global industrial automation companies sat down with editorial director, David Greenfield, to offer their thoughts on the results of the Control Engineering and Morgan Stanley Global Automation Industry Outlook for 2010.

Through a series of questions, the participants offer their assessments of what has been happening at their companies through the recession, and where they think business may be headed as we continue a recovery phase.

Participants include:

• Scott Spencer, vice president of marketing, ABB Process Automation Division

• Steve Sonnenberg, president, Emerson Process Management

• Ken Innami, director of IA marketing, and Scott Rohlfs, director of product marketing, Mitsubishi Electric Automation, Inc.

• Andy Gravitt, senior vice president, industry business, Schneider Electric

• Raj Batra, president industry automation division, Siemens Industry, Inc.

• Satoru Kurosu, senior vice president, global business headquarters, Yokogawa Electric Corporation

The complete video is separated into four parts due to file size limitations for practical viewing online.

Part 1, Return to economic growth : Most respondents to the Control Engineering /Morgan Stanley survey indicate that the automation market bottomed in 2009 and will return to modest growth in 2010. Do you agree? (7:39)

Part 2, Order rates and customer financing : Would you say that your order pipeline is filling up again - or would you say that orders are trickling in? Are you able to maintain current pricing levels or will buyers see an uptick in 2010? The ability to obtain financing was a big issue for many automation buyers last year. Do you see that issue being alleviated? (9:19)

Part 3, Active industry sectors : Food & beverage, automotive, and chemicals were the three markets cited in the survey as looking to spend the most on automation in the near term, according to buyers. Do you see that continuing in 2010 or are there other industry sectors you seeing heating up? (6:10)

Part 4, Motivations for buying new equipment : Buyers cited increasing demand, replacing aging equipment, and improving energy efficiency as the three main reasons they planned to buy new automation equipment. Do you agree? Are there other reasons you're seeing? (2:15)

 

Read the summary article from December, 2009 .


Read all the survey results .

 

Peter Welander, process industries editor,

Control Engineering daily news desk

 





No comments
The Top Plant program honors outstanding manufacturing facilities in North America. View the 2013 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
The Leaders Under 40 program features outstanding young people who are making a difference in manufacturing. View the 2013 Leaders here.
The new control room: It's got all the bells and whistles - and alarms, too; Remote maintenance; Specifying VFDs
2014 forecast issue: To serve and to manufacture - Veterans will bring skill and discipline to the plant floor if we can find a way to get them there.
2013 Top Plant: Lincoln Electric Company, Cleveland, Ohio
Case Study Database

Case Study Database

Get more exposure for your case study by uploading it to the Plant Engineering case study database, where end-users can identify relevant solutions and explore what the experts are doing to effectively implement a variety of technology and productivity related projects.

These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.

Click here to visit the Case Study Database and upload your case study.

Why manufacturers need to see energy in a different light: Current approaches to energy management yield quick savings, but leave plant managers searching for ways of improving on those early gains.
Electric motor power measurement and analysis: Understand the basics to drive greater efficiency; Selecting the right control chart; Linear position sensors gain acceptance
Protecting standby generators for mission critical facilities; Selecting energy-efficient transformers; Integrating power monitoring systems; Mitigating harmonics in electrical systems

Annual Salary Survey

Participate in the 2013 Salary Survey

In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.

Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.

2012 Salary Survey Analysis

2012 Salary Survey Results

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.