Aug 8 2013
Research and Markets has announced the addition of the "Automation Market in the Middle East 2012-2016" report to their offering.
One of the key factors contributing to this market growth is the need to improve the decision-making system. The Automation market in the Middle East has also been witnessing the increasing availability of wireless sensor networking. However, the reluctancy in migrating to the latest technology could pose a challenge to the growth of this market.
The key vendors dominating this space include ABB Ltd., Honeywell International Inc., Invensys plc, and Yokogawa Electric Corp.
The other vendors mentioned in this report are Applied Material Inc., Apriso Corp., Aspen Technologies Inc., Emerson Electric Co., General Electric Co., IBM Corp., Oracle Corp., PSI AG, Rockwell Automation Inc., SAP AG, Schneider Electric Co., Siemens AG, and Werum Software & Systems AG.
Commenting on the report, an analyst from the team said: One of the main trends witnessed in the Automation market in the Middle East is the development of customized automation solutions. Several vendors in the Automation industry face increased competition from other local and regional vendors due to the lack of product differentiation. In order to overcome this problem, several local and regional vendors have started offering customized automation solutions at a competitive price to meet the specific needs of their customers. As a result, several SMEs across various industries such as the Food and Beverages, Pulp and Paper, Chemical, and Petrochemical industries are opting for these customized automation solutions. This enables micro, small, and medium enterprises to improve their operational performance at minimal cost.
According to the report, one of the main factors driving the market is the increase in need for improving the productivity of various organizations. Various automation solutions such as DCS, PLC, SCADA, APC, and process safety systems provide accurate operational information, which leads to fewer operational errors and less human interference, thereby improving the overall organizational efficiency.
For more information visit http://www.researchandmarkets.com/research/bx6vvt/automation_market