This from a new release from Pike Research:

"Because commercial buildings consume roughly 23% of all electricity globally, the automation systems that ensure efficient performance are a critical part of energy management.  Until the mid-1990s, modern building automation consisted of little more than individual systems with simple control panels for switches, timers, and alarms.  Today, the market for commercial building automation systems is in the midst of revolutionary change in terms of technology and utility.  In the last several years, the focus has shifted from an individual system view to a more holistic view so that the “building system” can be defined to include virtually any device or data source within the building.  The amount of data created by automation systems can be overwhelming, but real competitive and economic value exists in using the data to monitor performance and uncover trends.  According to a new report from Pike Research, the market for commercial building automation systems will double over the next decade, increasing from $72.5 billion in 2011 to $146.4 billion by 2021."

The complete release is here: http://www.pikeresearch.com/newsroom/global-revenues-for-commercial-building-automation-systems-will-reach-146-billion-by-2021

New research is suggesting that US machinery production has made a complete rebound from the 2009 collapse. Machinery production in Germany and Japan has also rebounded, but has not fully recovered, perhaps due to the weak dollar and relatively stronger currencies in those countries. The reports authors, IMS, are projected that all three regions will set records in the next years, regardless of currency, and apparently counter to double-dip fears.