Global Automation Industry Study 2015
The automation industry saw its strongest sustained growth from 2004 to 2007, with business expanding at around 9% per year. But the financial crisis brought this boom to a juddering halt. The ensuing slump has been massive. The market has shrunk by around 18% against the 2007 figure. The industry can only expect to grow by 1.5% per year until 2015. These findings flow from a global study on automation sector trends up to 2015 in which Roland Berger Strategy Consultants surveyed 120 experts around the world. The conclusion: Established markets like Germany, the US and Japan are crawling along with low single-digit growth, while China continues to surge ahead at around 8% per year. Indeed, China has replaced the US as the world's largest national market for automation. In terms of global demand, the growth drivers for automation now include the energy sector along with oil and gas. While the market for process automation will return to 2007 levels by 2012, the Roland Berger experts don't expect the production automation segment to recover until 2014. And here, automation for vehicle production, a sector particularly hard hit by the crisis, is unlikely to rally until 2015.