Automation and Control Market in Emerging ASEAN Countries—Laos, Cambodia, and Myanmar
The automation and control market in Laos, Cambodia, and Myanmar is in the growth stage. The market is expected to reach $ million by 2019.
Key industries that will drive the automation industry are—power, chemicals, and petrochemicals (in all 3 countries, especially hydro-power in Laos), and cement and oil and gas (in Myanmar). In future, Cambodia is expected to build up its manufacturing sector by focusing on machinery and chemicals, which will directly support the automation industry.
PLCs due to their cost effectiveness and SCADA due to the rapidly improving oil and gas infrastructure—will continue to be widely sought-after automation systems. Specifically, revenue from new installations will be higher than from retrofits.
Pockets of growth for automation vendors include Champasak, Sekong, and Attapeu in Laos, and Phnom Penh, Sihanoukville, and areas along the southern economic corridor in Cambodia. In Myanmar, growth opportunities will come from Yangon, and from exploration activities (oil and gas and petrochemicals) in the Bay of Bengal.
The market is consolidated with top automation vendors accounting for % of the total revenue. Companies such as Schneider Electric and General Electric have adequate representation in these countries, while ABB continues to expand its presence in Myanmar. Other multinational vendors such as Emerson and Honeywell operate through regional offices or distributors.
About this report
The study discusses the automation revenue generated by various automation and safety systems suppliers in Laos, Cambodia, and Myanmar. The companies involved in the study are major vendors. The objective is to identify the major end users, distribution channel for each product, and major projects using automation and safety systems in these countries. The study also focuses on revenue contribution by product type. Considering the prevailing political, legal, economic situation, and other trends, the study forecasts revenue and growth rates until 2019, and discusses the major factors affecting the industry. The study also emphasizes the support received by vendors and the initiatives suppliers can take to progress and retain growth.
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