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Follow on Google News | Automation Technologies Drive Water And Waste Water Markets To More Efficency And Secured Quality.A new study shows a growth from 40 billion Euro in 2006 to over 100 billion in 2015 worldwide in the whole value chain. Yet the highest growth rates lie in Asian countries, mainly in China. More stringent norms worldwide.
By: helmut kaiser consultancy Automation technologies drive water and waste water markets to more efficency and secured quality. High growth rates to 2015. A new study shows a growth from 40 billion Euro in 2006 to over 100 billion in 2015 worldwide. The world market for automation and control solutions in the water and wastewater markets shows high growth in the last years and it is expected to grow faster in the coming years, according to a recent report from Helmut Kaiser Consultancy. The world market in 2006 had a value of 40 billion Euro in the whole value chain, while in 2015 the market is expected to reach over 100 billion Euro. Europe represents the largest markets, followed by NAFTA. Yet the highest growth rates lie in Asian countries, mainly in China. Although drinking water accounts for nearly 45 percent of the total market, "total concepts" in water plants increase even faster. The market is driven by some global players and thousands of smaller and middle sized companies. Key to profitibility is to provide total solutions , not only single products. Innovations in convergence and more companies will increase the competition and consequently the pressure on profitability in the future. The implementation of automation and control systems is the key for efficency, cost reduction, secured quality and optimization. Legislation is also driving the growth in the future, for end users are forced to upgrade their existing automation systems to comply with more stringent norms worldwide. A key challenge for manufacturers and providers is to offer systems that converge with existing plant infrastructure and can be integrated easily. This report includes the whole value chain in water and wastewater, as well as instrumentation, for 57 countries in detail. A similar development can be observed in the areas of incineration and power plants, building automation, aircleaning and others. For more Information: http://www.hkc22.com/ helmut kaiser consultancy hku-tuebingen@ 0049 7071 67001 helmut kaiser Website: www.hkc22.com/ End
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