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Automation and Control Solutions in the European Food and Beverage Sector Markets
Frost & Sullivan, Jan 2005
Regulatory Requirements Drive Uptake of Automation and Control Solutions in the Food and Beverage Sector
Regulations imposed by the European Union (EU) and the U.S. Food and Drug Administration to track food and beverage products across the supply chain are driving participants to invest in automation and control solutions. These solutions facilitate product quality control across multiple plants and provide better efficiency resulting in higher profit margins. The food and beverage companies are expected increase their investment in automation and control solutions in order to meet new regulatory requirements, increase efficiency in manufacturing and meet their supply chain and distribution objectives.
This Frost & Sullivan research offers insights into the market for automation and control solutions in the European food and beverage sector. The market is sub-divided into six automation and control product types - distributed control systems (DCS), human machine interfaces (HMI), programmable logic controller (PLC), supervisory control and data acquisition (SCADA) systems, industrial asset management (IAM) solutions and manufacturing execution systems (MES). The study also covers nine geographical regions, addressing market trends, key drivers and restraints, industry challenges and strategic growth recommendations for participants in each.
Low Profit Margins and Technology Advancement Key Driving Factors
Tight profit margins in the European food and beverage industry are encouraging food and beverage companies to invest in automation and control solutions to improve their efficiency and lower production costs. As the market is increasingly attuned to the advantages of automated production, there is considerable potential for growth in this sector.
Growing appreciation of new technologies and their benefits is likely to encourage customers to replace their existing automation and control systems with new ones, notes the analyst of this research. Strong demand is expected for SCADA systems, IAM solutions and MES. The MES and IAM solutions in particular offer significant opportunities for growth in the food and beverage sector.
MES Sector Poised for Rapid Expansion
MES are anticipated to see the strongest growth with revenues in the food and beverage sector almost tripling by 2010. This sector promises huge growth potential as MES systems bridge the gap between plant-level control and business systems automation by offering information about production activities across the factories as well as supply chains. Additionally, the need to comply with new regulations and timely tracking of goods is also likely to prompt growth of automation solutions. MES revenues are anticipated to rise dramatically as food and beverage companies link enterprise resource planning systems to plant level control, says the analyst. Tracking and tracing requirements are expected to be an additional spur to growth.
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