A market update on industrial automation equipment and its impact on industrial energy efficiency

Advances in Robotics & Automation

ISSN: 2168-9695

Open Access

A market update on industrial automation equipment and its impact on industrial energy efficiency

World Congress on Industrial Automation

July 20-22, 2015 San Francisco, USA

Alex Chausovsky

Posters-Accepted Abstracts: Adv Robot Autom

Abstract :

Discrete and process industries are some of the largest segments in the global market for Industrial Automation Equipment. Unfortunately, even after decades of intensive education efforts by automation vendors, many plant operators and manufacturing facility mangers continue to disregard the benefits of implementing highly efficient but more expensive products in order to reduce operational costs and decrease the carbon footprint of their facilities. The presentation will highlight the findings of IHS├ó┬?┬? latest analysis of various product markets, such as electric motors, drives and machinery production. It will summarize how these markets are segmented by product type, geographic region and industry sector and discuss the major trends affecting these markets. Among the topics addressed will be the impact of various regional MEPS (minimum efficiency performance standards) legislations being enacted by governments around the world, and the realistic timetable for transition to higher efficiency industrial systems. The presentation will also include a discussion of the effects that this legislation will have on the purchasing decisions facing Industrial Automation Equipment users, and the clear disconnect between the CAPEX and OPEX considerations that take place during the construction and operational phases of many industrial projects. The presentation will be largely quantitative in manner, and will not contain a significant amount of technical discussion.

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