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subject: Himfr.com Reports Automation Market In The 3rd Quarter Of 2009 Takes On A Warming Trend [print this page]


Himfr.com Reports Automation Market In The 3rd Quarter Of 2009 Takes On A Warming Trend

Findings of gongkong show that the Chinese automation product market in the 3rd quarter approximates 17.5 billion RMB, a year-on-year decrease of 6.7%, the sales revenue of the OEM market has already equaled with that of the same quarter of last year, while the project market shrinks about 10.1%, better than the first half year to some extent.

Industries seeing obvious growth in the 3rd quarter include wind power equipment, transportation vehicles, municipal administration facilities, petroleum, gas, construction engineering machines, elevator, HVAC, and packaging machinery, etc. New energy and municipal construction have been the new drive for the growth of automation while the market share of traditional heavy industries and machinery processing industries are being increasingly reduced in the automation market.

The project market in the 3rd quarter of 2009 suffers negative growth of 10.1% compared with the same quarter of last year, increased 3.5% than the 2nd quarter. Most industries do not witness obvious changes. The negative growth is mainly dragged by the metallurgical, chemical, paper-making, automobile, electric industries and others. While in the automation market of last 3rd quarter, municipal administration, petroleum, gas, public facilities and mining are the fastest growing industries sharing one common feature that all belong to either the energy exploiting and processing industry or the infrastructure construction one. However, traditional heavy industries such as steel, nonferrous metals, basic chemical, and paper making all show great negative growth and most of them are overcapacity industries. It is hard to switch this situation in a short term.

In the third quarter of 2009, the OEM market is equal to that in the same quarter last year, an increase of 7.8% than the 2nd quarter. Most OEMs have returned to the same level as last year. After nearly one-year negative growth, OEM market goes back to the growing path for the first time. The industries seeing obvious growth are wind power equipment, transportation vehicle, construction engineering machinery, packaging machinery, elevator, heating ventilation & air conditioning, etc. Compared with the project market or heavy industry market, the OEM market is more close to the consumer product market and more obviously influenced by the consumer product market and social economy. Affected by the continuously hot real estate market, auxiliary elevators and HVAC segments both present stable growth. Though the wind power equipment industry is the one witnessing the rapidest growth, it will probably stop increasing constantly due to the relatively intensive effect of macroeconomic control.
Himfr.com Reports Automation Market In The 3rd Quarter Of 2009 Takes On A Warming Trend


Despite the fact that macro-economy is getting better, traditional industries are still confronted with overcapacity and financial loss. Under such a circumstance, contradictions of global energy are raised up. Industries related to energy have also become the motivators of automation market. It is predicted that, in the future, industries related to energy will be the main battlefield of automation market, such as the exploiting and processing industry of petroleum and gas, as well as products related to clean energy, etc.

by: himfr




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