Until 2009, the automation market kept a positive growth trend. Over time, the scale of the new automation products market was expanding continuously, bringing about an increase of the stock market annually. On the other hand, with the enlargement of the stock market, the service life of automation products also increased accordingly, thus, more products came into repair and maintenance and likewise, more products fell into the phase-out period, resulting in a burgeoning demand for products transformation and upgrading. The contribution of the automation stock market to the entire automation market continued to rise.
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The Stock Market Makes Rising Contribution Year by Year
Started by gongkong, Nov 25 2010 02:18 PM
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Posted 06 May 2011 - 11:26 PM
In general the automation market is starting to see an overall increase this year.
One of the biggest profit margins that companies are working on is the repair and maintenance of automation parts and automation equipment. The growing requirements to retro fix, update and fix automated machinery has meant many companies are now focusing on more than just selling automation parts, but are also providing a constant service to factories and OEM’s.
One of the biggest profit margins that companies are working on is the repair and maintenance of automation parts and automation equipment. The growing requirements to retro fix, update and fix automated machinery has meant many companies are now focusing on more than just selling automation parts, but are also providing a constant service to factories and OEM’s.
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