Investment in industrials is expected to remain a focus despite continued headwinds stemming from weaker commodities and lower export activity according to a survey released today by Baird. Nearly half (46%) of investors plan to increase their investment in industrials in 2016, with another 45% reporting they will allocate an unchanged or similar amount in the year ahead. Only 9% of respondents said they were planning to scale back.
According to the survey, factory automation continues to be an area of interest and curiosity for the industrial market. In fact, 38% of respondents believe innovations related to factory automation will have the most significant impact on the industrial market over the next five years. This is followed by big data analytics (21%), data security (17%), autonomous vehicles (13%) and additive manufacturing (11%).