Key drivers in the global discrete automation industry include the growth in manufacturing sectors in emerging markets
Global Discrete Automation Market 2012-2016 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-21 11:17:01
The Global Discrete Automation market to grow at a CAGR of 8.43 percent over the period 2012-2016. The growth in manufacturing sectors in emerging markets is one of the key factors contributing to this market growth. The Global Discrete Automation market has also been witnessing an increasing demand for custom configured products. However, high total cost of ownership could pose a challenge to the growth of this market.
Global manufacturers are increasingly adopting an engineer-to-order, manufacture-to-order, and configure-to-order business model. Growing IT capabilities coupled with increasing expectations from consumers are driving this trend in the Global Discrete Automation market. Discrete manufacturers are increasingly turning to IT investments as part of their growth and competitiveness strategies. The cost-effective implementation of a manufacturer´s IT infrastructure gives an executive the real-time information needed to maximize supply chain operations and efficiencies.
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