From a notice of a new market research report: "The Industrial Automation Equipment (IAE) report consists of top-level coverage of 42 product markets, compiled from over 25 syndicated IMS Research reports. Unit shipments have been included for the first time, as well as coverage of several products within the power transmission equipment section. The IAE report presents each product market by major geographic region, and discusses overarching trends for the total IAE market, motors & motor controls, automation equipment, and power transmission equipment. The study also presents market shares by these categories on a global level and by major geographic region. A few key findings from the report include:
- The global IAE market was estimated to be worth $145.9 billion in 2011, and is forecast to grow at a compound annual growth rate (CAGR) of 6.1% between 2007 and 2015 to reach $204.7 billion in 2015.
- In terms of unit shipments, the global industrial automation equipment market was estimated to comprise 482.5 million units. Due to slight increases in the pricing of certain product types, unit shipments are forecast to grow slower, at a CAGR of 5.0% between 2007 and 2015.
- All regions grew by double-digit rates in 2011 for total industrial automation, with EMEA, Americas, and Asia Pacific growing by 11.0%, 11.8%, and 13.8% respectively."