TITLE

Process automation market set

PUB. DATE
April 2005
SOURCE
Process Engineering;Apr2005, Vol. 86 Issue 4, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that according to market research from the ARC Advisory Group Inc., with regional and technological drivers causing an increase in demand, the process automation market is showing signs of recovery. The reports says that the most important innovation in the market is real-time performance management. Process companies see this as a way to track their plants' performance and implement changes to optimize productivity. Most of the growth in the automation market is coming from services and these are often linked to collaborations between equipment suppliers and their customers.
ACCESSION #
16955158

 

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