SOURCE: Industrial Info Resources

Industrial Info Resources

October 29, 2014 06:00 ET

Power, Chemicals Lead Increase in Global Industrial Spending, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Oct 29, 2014) - Industrial Info Resources (Sugar Land, Texas) has released its Global Industrial Outlook for 2015. The Outlook provides easily navigated spending projections for 12 industrial market sectors across the world.

This year's Top Line Market Forecast currently shows $2.99 trillion of industrial capital and maintenance spending occurring throughout the world in 2015. Spending growth from last year is led primarily by the Power Industry, for which spending is forecast to increase more than $78 billion (up 9.65%), and the Chemical Processing Industry, which is forecast to increase by more than $32.49 billion (up 10.5%).

North American and international sections are included in the Outlook, with special breakouts for the BRIC, MENA, Middle East and Asia-Pacific regions.

Quarterly updated project spending statistics are broken down by industry, market region and budget type (capital or maintenance). Assessments from Industrial Info's industry experts help explain how the data and information reflect broader industrial trends and market drivers.

The 2015 Global Industrial Outlook is developed from Industrial Info's database of thousands of capital and maintenance projects, which are constantly updated and verified by our industry researchers. This "bottom-up" methodology provides the most accurate and timely information on changes in projects' schedules and statuses, ensuring you receive the most up-to-date and accurate information on industry and spending trends.

The 2015 Industrial Outlook is an online product, which gives you dynamic features not available in printed materials, including access from any Internet location and quarterly updates. In addition, project spending statistics are available as easily downloaded graphs and CSVs, which allow the data to be used to best serve your specific needs.

Click here for more information and a demonstration of the Outlook.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and ten international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

Contact Information

  • Contact:
    William Ploch
    (713) 783-5147