Worldwide Market for Process Automation Systems (PASs)

The pharmaceutical and food and beverage industries will continue to be the highest growth sectors for the worldwide process automation systems (PASs) market during 2001-06, according to ''PAS Worldwide Outlook, Market Analysis & Forecast Through 2006'' by ARC Advisory Group (Dedham, MA).

10/17/2002



The pharmaceutical and food and beverage industries will continue to be the highest growth sectors for the worldwide process automation systems (PASs) market during 2001-06, according to ''PAS Worldwide Outlook, Market Analysis & Forecast Through 2006'' by ARC Advisory Group (Dedham, MA).

The study reports this trend is caused mainly by the ongoing transition of these industries from less-sophisticated PLC-based automation to PC-based, batch management, CPM and other PASs, and also due to the increasing overlap between process and discrete architectures, and a resulting increase in hybrid systems.

Larry O'Brien, ARC's research director for process industries and the study's author, adds that, ''The total PAS market grew by less than 1% between 2000 and 2001. Through 2006, the total industry will only grow at the average annual rate of 3.4%.''

For more information, visit www.arcweb.com .





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