International. By 2015, the global industrial automation market is expected to surpass the $200 billion barrier, according to a report by the firm IMS Research.
The United States and China will be primarily responsible for this figure, driving growth of 9.5% in 2012, to reach the figure of US $ 159.8 billion.
The report also revealed that recession alarms in European countries will not affect the performance of this segment, which will grow thanks to the overall health of the rest of the world economy.
"Although austerity measures in Europe and the United States have had an impact on public investment in automation equipment, it is unlikely that there will be significant declines in these markets, as most investment in industrial automation comes from the private sector," said Sarah Sultan, an analyst at IMS Research.
In addition, considering that the U.S. economy has improved substantially, both machinery and equipment production are performing well at the beginning of this year. So in general, the Americas region points to a significant growth in industrial automation equipment in 2012.
"Collectively, the Americas and the Asia Pacific region account for 65% of the global industrial automation electronics market. Asia is the largest consumer of this type of product and the strength of its economy in 2012 will allow to reach expenses of US $ 64,000 million in this field, which represents almost 40 percent of the world market, "said Sultan.
