August 2001

Trends and Resources

HP Impact: HPImpact: Market evolving for automation systems

The worldwide process automation systems (PAS) market is forecast to reach $9.5 billion by the end of 2005, a 3.9%/yr growth rate, according to a recently updated study from ARC Advisory Group, Dedham..

Weirauch, Wendy, Hydrocarbon Processing Staff

The worldwide process automation systems (PAS) market is forecast to reach $9.5 billion by the end of 2005, a 3.9%/yr growth rate, according to a recently updated study from ARC Advisory Group, Dedham, Massachusetts (www.arcweb.com). In 2000, the market exceeded $7.8 billion. The study reports that there are significant structural changes taking place in this market as automation systems continue to evolve. Although PAS and PLC suppliers continue to serve their traditional process and discrete markets, the boundaries between process and discrete automation systems are blurring. A look at the underlying technology of today's PASs and PLCs shows many similarities. Both PAS and PLC hardware t

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