PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Economic Development and Capacity Expansion Plans Brighten Malaysian Automation and Control Market Outlook Finds Frost & Sullivan - The oil and gas and petrochemical sectors will be key sources of revenue for automation vendors, finds Frost & Sullivan - IndustrialAutomation.Frost.com
Economic Development and Capacity Expansion Plans Brighten Malaysian Automation and Control Market Outlook Finds Frost & Sullivan

 

NewswireToday - /newswire/ - Kuala Lumpur, Malaysia, 2015/04/23 - The oil and gas and petrochemical sectors will be key sources of revenue for automation vendors, finds Frost & Sullivan - IndustrialAutomation.Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Priorities set by the Malaysian Government to boost economic development will drive the automation industry in the country. As the Economic Transformation Program has been launched in line with Vision 2020, which aims to make Malaysia part of the league of developed nations by 2020, several economic sectors are expected to witness rapid growth. This will open up lucrative opportunities for automation vendors.

New analysis from Frost & Sullivan, Automation and Control Market in Malaysia, finds that the market earned revenues of US$266.5 million in 2014 and estimates this to reach US$495.2 million in 2019. The study covers programmable logic controllers, supervisory control and data acquisition, distributed control systems, human machine interface, and safety systems.

The development of the industrial sector, a vital contributor to Malaysia’s economy, will spur the need for automation and control systems in the country. Being the world’s second-largest producer of palm oil, which brings in significant foreign exchange revenues, the Malaysia market will remain an attractive target for automation vendors.

“With industrialisation gathering momentum, new industries will present opportunities for automation vendors as it will become important to achieve economies of scale in the long run,” said Frost & Sullivan Industrial Automation & Process Control Research Analyst Krishnan Ramanathan “For instance, with the emergence of the Internet of Things, the electronics and semiconductors industry will require automation solutions.”

Nevertheless, the oil and gas, and chemicals and petrochemicals industries will remain indispensable for automation vendors to expand their revenues. As Malaysia is looking to establish itself as a hub for oil and gas exploration in Southeast Asia, numerous projects have been initiated in and around the country, strengthening the need for automation solutions.

Since Malaysia has always been a rich source of minerals and exploration, companies such as Shell have been active there for a long time. Ambitious plans to strengthen automation infrastructure due to the rising demand for energy and the expanding cement industry will keep the automation solutions market buoyant.

“Supported by a fairly stable economy and favourable political, social and economic environment, the Malaysian Government stands in good stead to execute its growth plans,” noted Ramanathan. “Projects are set to be successfully implemented and completed without delays, thereby assuring a steady source of demand for automation and control systems.”

For more information on this study, please email Donna Jeremiah, Corporate Communications, at djeremiah[.]frost.com.

Automation and Control Market in Malaysia is part of the Industrial Automation & Process Control (IndustrialAutomation.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: Automation and Control Market in the Philippines, Automation and Control Market in Emerging ASEAN countries: Laos, Cambodia and Myanmar, Automation and Control Market in Indonesia. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.

The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on “the next big thing" | Register: Gain access to visionary innovation

Automation and Control Market in Malaysia / P819-10

Contact: Melissa Tan - Corporate Communications Asia Pacific
P: +65 6890 0926 / F: +65 6890 0999 - E: melissa.tan[.]frost.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


Economic Development and Capacity Expansion Plans Brighten Malaysian Automation and Control Market Outlook Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Donna Jeremiah / Carrie Low - Frost.com 
+61(02) 8247 8927 / +603 6204 5910 djeremiah[.]frost.com / carrie.low[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Manufacturing/Robotics Most Recent Related Newswires:

PPG Initiates Global Restructuring, Targeting $125 Million in Annual Savings
Local Manufacturing Offers Strong Growth Opportunities in the Thriving Nigeria and South Africa Cement Additives Markets Reports Frost & Sullivan
BASF Expands Automotive Refinish Coatings Manufacturing to Asia Pacific
Alstom’s South African JV Gibela Successfully Handed Over to PRASA The First X’Trapolis Mega
Neptune Lines Reduces Fuel Consumption and Emissions with Hempaguard
BASF Launches Ucrete MF40AS Industrial Flooring System on the European Market
Raritan Unveils Intelligent Cabinet Concept in Collaboration with Legrand Data Communications At Gartner Conference
Beretta Continues Global Celebration of its 490th Anniversary with Unveiling of One-of-a-Kind Shotgun in New York City
LANXESS Virkon S Proven to Kill Highly Pathogenic Avian Influenza Strains
BASF to Offer Tailor-made Product Innovation At European Coatings Show
Nexans to Drive Sustainable Transportation At its Annual Technical Conference
Tripp Lite Introduces A New Series of Pre-assembled 40 Gb to 10 Gb Breakout Fiber Patch Panels
Borealis and Asmidal Sign Memorandum of Understanding to Jointly Evaluate Opportunities for Melamine Production in Algeria
SCHOTT’s New Ultra-Thin Glass is the Thinnest, Toughest, Most Eco-Friendly Glass for Consumer Electronics
Hexagon Manufacturing Intelligence Supplies PTB with Leitz PMM-G

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  BizJobs.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)