PAS market will be limited through to 2004

Growth of the process automation system (PAS) market will be limited through to 2004 but demand for optimisation software and services will rise sharply, according to the latest ARC Advisory Group PAS Outlook report. Larry O’Brien, ARC director of research, claims the fastest growing markets will be the food, beverage and pharmaceutical industries. ARC believes […]

Growth of the process automation system (PAS) market will be limited through to 2004 but demand for optimisation software and services will rise sharply, according to the latest ARC Advisory Group PAS Outlook report. Larry O’Brien, ARC director of research, claims the fastest growing markets will be the food, beverage and pharmaceutical industries. ARC believes the main suppliers will pull out of the hardware business altogether as PAS hardware revenues plummet at double digit rates. E-business will be the main driver for both suppliers and users.

www.arcweb.com/promos/pas.asp