{
  "docId": "019dd923-5de0-76bd-a165-49e538829ee6",
  "docSlug": "1f19e73e43369acd",
  "documentTitle": "Process Automation: A quickly growing market with structural tailwinds and investment opportunities",
  "authorId": "misc",
  "authorName": "L.E.K.",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 17,
  "pageCount": 24,
  "prevPage": 16,
  "nextPage": 18,
  "slideType": "industry_trends",
  "function": "summarize",
  "density": "overcrowded",
  "nDataPoints": 4,
  "notes": "The slide uses a combination of qualitative themes on the left and quantitative market metrics on the right.",
  "elementsJson": [
    "bullet_list",
    "callout_box",
    "big_number",
    "icon_grid"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5de0-76bd-a165-49e538829ee6/17",
  "deckHref": "/decks/019dd923-5de0-76bd-a165-49e538829ee6",
  "deckJsonHref": "/decks/019dd923-5de0-76bd-a165-49e538829ee6.json",
  "deckAnchorHref": "/decks/019dd923-5de0-76bd-a165-49e538829ee6#slide-17",
  "components": [
    {
      "bbox": {
        "h": 0.04,
        "w": 0.165,
        "x": 0.307,
        "y": 0.165
      },
      "kind": "callout",
      "text": "Which ones make money and why?",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "828ca0b1-c1e9-49a5-a158-6d72cda0305e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.58,
        "x": 0.115,
        "y": 0.675
      },
      "kind": "list",
      "text": "Customers increasingly are asking for \"global solutions\" to simplify their production and supply chains, including local service offerings. As such, they become an integral part of the customer's value chain with high levels of customer stickiness",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4be9784d-5c1f-403e-87b9-0a41f3ae7775",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.58,
        "x": 0.115,
        "y": 0.315
      },
      "kind": "list",
      "text": "Innovation leaders typically have high levels of IP and annual R&D spend, have more regular new product offerings, and therefore command higher margins, as they can protect and grow their leading market positions",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "645af239-fbef-4721-b26d-507b960b8635",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.045,
        "w": 0.58,
        "x": 0.115,
        "y": 0.79
      },
      "kind": "list",
      "text": "While Europe and North America combined comprise the largest share of the global automation market, the Asia Pacific share of the overall market will grow rapidly over the next five years",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "90c7842e-fd50-4a04-9f9b-893597d71c24",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.045,
        "w": 0.58,
        "x": 0.115,
        "y": 0.57
      },
      "kind": "list",
      "text": "Software enabled / connected products for monitoring and productivity improvements are highly sought-after as long as security protocols ensure data protection",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "aaf1d7f5-1fb3-4b11-bf1d-ea0fcf5303a4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.045,
        "w": 0.58,
        "x": 0.115,
        "y": 0.25
      },
      "kind": "list",
      "text": "Process automation can help address five key megatrends that should underpin structural growth across geographies and benefit from increased focus on sustainability",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e61ce6fb-4dd3-447c-8191-e703460b08d5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.045,
        "w": 0.58,
        "x": 0.115,
        "y": 0.46
      },
      "kind": "list",
      "text": "Companies with leading market positions in their respective sectors and subsectors, due to technology and unique product offerings, command higher prices",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ea199e9b-3fa0-448a-bad6-d32de4947d47",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.16,
        "x": 0.77,
        "y": 0.73
      },
      "kind": "metric",
      "text": "~74% Organizations looking for new use cases for process automation",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "06ff961f-66ba-4584-bc08-64fc51d5daaf",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.16,
        "x": 0.77,
        "y": 0.57
      },
      "kind": "metric",
      "text": "7%+ Global process automation market growth 2020-2025",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "41fe8777-135d-4ea9-9ca1-801445cc6806",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.16,
        "x": 0.77,
        "y": 0.25
      },
      "kind": "metric",
      "text": "~30bn+ Expected increase in IoT connected devices for process automation 2017-2023",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "83046592-b4bd-4c6f-8784-09b75b87e3e6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.16,
        "x": 0.77,
        "y": 0.41
      },
      "kind": "metric",
      "text": "~50% Companies using automation for mission-critical processes in 2019",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b7ba2c9f-b953-4025-964b-468d73b9b785",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Market growth: 7%+",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd951-edad-70d9-bd07-758f4eaea36d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.65,
        "x": 0.05,
        "y": 0.92
      },
      "kind": "source-note",
      "text": "Source: 2020 Honeywell Intelligrated Automation Investment Study, Research and Markets, Mordor Intelligence, HW Intelligence; Think Automation; BusinessWire",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4e0be38e-83b2-4c69-9aa7-815aa169185e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.9,
        "x": 0.05,
        "y": 0.04
      },
      "kind": "title",
      "text": "Common themes and strengths in leading companies across segments of the process industry automation space",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "74e2f50a-469d-4ba0-80e4-67bb15bb124c",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}