The ongoing trend of industrialization in emerging markets is offering long-term sales potential for international and local machinery companies and component suppliers.
Industrial Goods & Services
The ongoing trend of industrialization in emerging markets is offering long-term sales potential for international and local machinery companies and component suppliers. Especially China has become the world’s largest sales market and entered the ranks of the leading machinery exporting economies. While cost-effective local solutions are increasingly improving and Chinese companies in particular are strengthening their position in mid-market on a national and international scale, the demand for high-end industry products is continuing to grow.
In addition, the Asia-Pacific recently made especially strong progress in industry segments like semiconductors, robotics and automation. In particular, countries such as China and India commit considerable resources to the constant further development of current technologies and have positioned themselves strongly in the market of connected machines and Smart Manufacturing. For overseas companies, the underlying ambitious plans represent extraordinary growth opportunities, especially in new areas such as additive manufacturing.
Machinery & Equipment
Machinery and equipment makers are hurtling toward a new reality over the next decade, propelled by advanced Industry 4.0 technologies that will enable them to reinvent their capabilities and embrace solutions-centric business models.