July 2007

Trends and Resources

HP Impact: HPImpact: Automation services industry: riding the crest to 2011

Automation suppliers continue to benefit from strong demand for automation services across the entire spectrum of the plant lifecycle and the scope of nearly all automation products and applications. ..

Weirauch, Wendy, Hydrocarbon Processing Staff

Automation suppliers continue to benefit from strong demand for automation services across the entire spectrum of the plant lifecycle and the scope of nearly all automation products and applications. In an automation market that is already riding the crest of a growth cycle, automation services are benefiting from several converging factors that will provide ever-increasing market growth through the next five years, according to the new ARC Advisory Group study (www.arcweb.com). The total services market served by the automation suppliers approached $14 billion in 2006. It is forecast to grow about 12%/yr through 2011. Mature markets such as North America and Europe, the Middle East and Af

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Hydrocarbon Processing magazine.

2) SUBSCRIBE to Hydrocarbon Processing magazine in print or digital format and gain ACCESS to the current issue as well as to 3 articles from the HP archives per month. $409 for an annual subscription*.

3) Start a FULL ACCESS PLAN SUBSCRIPTION and regain ACCESS to this article, the current issue, all past issues in the HP Archive, the HP Process Handbooks, HP Market Data, and more. $1,995 for an annual subscription.  For information about group rates or multi-year terms, contact J'Nette Davis-Nichols at Jnette.Davis-Nichols@GulfEnergyInfo.com or +1 713.520.4426*.

*Access will be granted the next business day.

From the Archive

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}