This study discusses the the revenue generated by automation services across ANZ. It forecasts revenue and the growth rates until 2018 and discusses the major end users and their contribution to automation revenue. The study also discusses the drivers, restraints, and the trends in the automation industry. Major end users that have been using the services of these companies have been discussed in detail. In addition, forecasts of revenue that is likely to be generated until 2018 is also provided.
The automation services market in Australia and New Zealand is expected to grow at a CAGR of % between 2012 and 2018. The total revenue generated in the automation services market was $ million in 2012; it is likely to reach $ million by 2018.
Opportunities for automation services by way of maintenance and repairs, especially in Australia, are abundant; for instance, in the mining industry. The mining process and the transportation of resources (coal) from the bottom of the mine to power stations is largely automated and features a range of sophisticated mining and materials handling technologies.
Advancements in the mining industry are related to technology that needs to be used in complex applications. Signs of this are evident across Australia, and the future will see the use of latest technology in mining, pointing to more revenue opportunities by way of automation services. This translates to a greater need for installation and maintenance services.
Further, the growing need for security and resource optimization has meant that newer systems have to comply with additional protocols to gain acceptance. Such norms will become a standard for future upgrades.
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