Free press releases distribution network?

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!



Asian Automotive Market Holds Huge Potential for Automation and Software Vendors - New analysis from Frost & Sullivan finds that Automation and Software Solutions in World Automotive Market earned revenues of $5,813.1 million in 2005 and estimates to reach $9,963.1 million in 2012.
Asian Automotive Market Holds Huge Potential for Automation and Software Vendors

 

PRZOOM - /newswire/ - Palo Alto, CA, United States, 2006/07/13 - New analysis from Frost & Sullivan finds that Automation and Software Solutions in World Automotive Market earned revenues of $5,813.1 million in 2005 and estimates to reach $9,963.1 million in 2012..

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

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


 

As global automotive manufacturers face extreme competition, they are looking to adopt common automation and software architecture at all global locations to drive operational efficiency and reduce costs.

New analysis from Frost & Sullivan finds that Automation and Software Solutions in World Automotive Market earned revenues of $5,813.1 million in 2005 and estimates to reach $9,963.1 million in 2012.

If you are interested in a virtual brochure, which provides manufacturers, end users and other industry participants with an overview of the latest analysis of the Automation and Software Solutions in World Automotive Market then send an e-mail to Tori Foster - Corporate Communications at tori.foster[.]frost.com with the following information: your full name, company name, title, telephone number, e-mail address, city, state and country. We will send you the information via email upon receipt of the above information.

The competition in the automotive market has increased manifold with no market being considered as a safe market as a result of globalization. Automotive manufacturers and their suppliers are forced to replicate the best practices followed in a particular plant at all their global locations to maintain uniform quality and maximize productivity. This also necessitates effective communication channels between OEMs and their suppliers on a global platform. This explains the need for automation and software solutions for the automotive market.

“With the kind of competition that is prevailing in the automotive market, it is becoming increasingly difficult for major automotive manufacturers to obtain higher profits considering the burgeoning costs of recalls, warranties and labor,” says Frost & Sullivan Research Analyst Sanjeev R. Sridharan. “In such an environment, massive investments by the struggling automotive manufacturers on automation and software solutions are relatively less.”

The rise in the cost of raw materials coupled with the worldwide increase in gas prices has created an unfavorable environment for automotive manufacturers. They are in turn passing on costs down to their suppliers who are facing an even greater crunch.

“The major automotive manufacturers in the U.S. are also facing huge costs on account of their contractual obligations to its workers and pensioners,” says Sridharan. “This has further pulled down their profit margin thus marginally denting their purchasing power. However the need to create a leaner and more efficient workflow to attain operational excellence has driven automotive manufacturers to invest in newer standards based automation and software solutions.”

The key success factor for automation companies is to establish long-term partnership with automotive customers. Even as automotive customers look for standardization, automation companies need to grow aggressively with their automotive customers as they expand globally. The relationship starts from educating and generating awareness among customers. Having selected specific automotive engagement opportunities, it is important for automation vendors to build critical momentum and achieve a dominant business differentiator.

Once automotive customers are reasonably satisfied with the metrics, they are more comfortable awarding repeat orders at many other global locations. Long-term partnerships could prove to be profitable to both the automotive industry as well as the automation vendors.

Automation and Software Solutions in World Automotive Market is part of the Factory Automation subscription, which also includes research in the following markets: Automation and Software Solutions in World Food and Beverage Market, World Human Machine Interface and Software Market, World Product Lifecycle Management Solutions Market and World Distributed Control Systems Market. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews are available to the press.

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.

Automation and Software Solutions in World Automotive Market
F699-10

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

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


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


Asian Automotive Market Holds Huge Potential for Automation and Software Vendors

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 PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Tori Foster 
210.477.8448 tori.foster[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today 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.

Automotive/Trucking/RV 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 Press Releases From Frost & Sullivan / Company Profile


Read Automotive/Trucking/RV Most Recent Related Press Releases:

Voyages Emile Weber, Losch Luxembourg and MAN Collaborate on Emissions-free Public Transport System
Frost & Sullivan Announces Cooperation with Messe Frankfurt
The NEOPLAN Skyliner is Celebrating An Anniversary - 50 Years of The Double-decker Touring Coach
Hitachi Joins Shell Eco-marathon to Help #MaketheFuture
First MAN TGX PerformanceLine Edition Delivered - No 001 For BFS/Stegmaier Group
New Business Models and Service Expansion in European Automotive Aftermarket eRetail Strengthen Growth Opportunities Finds Frost & Sullivan
Vehicle Parc and Market Dynamics Transform KSA Automotive Aftermarket, Forcing Vendors to Change Their Business Approach
First MAN TGX EfficientLine 3 Goes to Spedition Hillert
NEOPLAN Tourliner Wins iF Design Award 2017
Field Testing the New MAN Six-cylinder Naturally Aspirated Engine for Cogeneration Systems

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  Deb Sheppard - Medium Psychic Author Speaker

Visit MagLar, Inc.







 
  ©2017 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | 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 entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today