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ANZ Automation Services Market

Australia and New Zealand automation services market expected to grow


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2014-04-04 06:07:03 - ANZ Automation Services Market - a new market research report on companiesandmarkets.com

The automation services market in Australia and New Zealand is expected to grow between 2012 and 2018. Opportunities for automation services by way of maintenance and repairs, especially in Australia, are abundant; for instance, in the mining industry. The mining process and the transportation of resources (coal) from the bottom of the mine to power stations is largely automated and features a range of sophisticated mining and materials handling technologies.
Advancements in the mining industry are related to technology that needs to be used in complex applications. Signs of this are evident across Australia, and the future will see the use of latest technology in mining, pointing to more revenue opportunities by way of automation services. This translates to a greater

 

 

need for installation and maintenance services.
Further, the growing need for security and resource optimization has meant that newer systems have to comply with additional protocols to gain acceptance. Such norms will become a standard for future upgrades.
The automation services market in Australia and New Zealand demand is most likely to come from power, and mining industries.
The automation systems used in the mining industry are currently one of the major targets for hackers; a vast majority of users do not have adequate security measures to thwart such attacks.
Carbon tax policies could impact Australia´s adoption of automation systems. Penalties, based on emissions, are heavy; therefore, more companies will look to invest in upgrades.
While there are numerous projects in progress, end users are conservative while investing in new systems. They are however, more likely to spend on services. All aspects of services, such as consulting and maintenance, will benefit vendors in such a scenario.

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