Global Process Automation Market (2013 – 2018) august 2014 | Page 18

MARKET - TRENDS
 Process automation will grow on key growth factors like mass customization, supply
chain synchronization, integration of systems, functional costs and total system cost.
 As competition increases in the manufacturing industry and profit margins need to be
protected, companies can opt for significant automation of the factories to reduce costs
are move towards China, Taiwan for cheaper labor costs. This is a strategic decision
based on the various trade-offs and the type of product being manufactured.
 In the developed countries, the number of robots per 10,000 employees was 149 but it is
only 11 in emerging markets, 6 in Latin America and 7 in EMEA emerging regions. This
shows the huge scope and opportunity for the industrial automation market.
 Energy and Petrochemical seg Y[