- December 21, 2006
- ARC Advisory Group
Manufacturing companies continue to increase investments in capital expenditures for automation equipment as they recognize the role of automation in the global market. As a result, the worldwide market for total process automation will grow robustly, with ARC expecting a compounded annual growth rate (CAGR) of 6.4% over the next five years, to reach nearly $79 billion in 2010.
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