Worldwide shipments of wireless products for industrial monitoring and control applications will increase nearly 20 percent per year, according to a market study by Venture Development Corp.
Worldwide shipments of wireless products for industrial monitoring and control applications will increase nearly 20 percent per year, from $629.1 million in 2007 to reach $1,504.3 million in 2012, according to a market study by Natick, Mass.-based Venture Development Corp.
The study -- RF/Microwave Industrial Wireless Monitoring and Control Products: For Discrete and Process Manufacturing, Third Edition -- looks at the market for a range of radio frequency and other wireless industrial control technologies, including:
- Sensors and transducers (temperature, flow, level, pressure and others).
- Data-acquisition systems.
- Network products (access points, I/O devices, modems, repeaters, routers, transceivers).
- Operator-interface terminals (hand-held, notebook, tablet, vehicle mount, wearable computers, and PDAs).
- Remote controls.
Reasons cited by VDC for the forecast high market growth rates for wireless products include:
- General awareness of the benefits of wireless technology.
- Increasing trust in wireless technologies.
- Emerging industry standards.
- Its inherent protection against wire damage and its concomitant maintenance.
- Its ability to monitor and/or control some equipment for which no contact technology can be used.
- Ease of implementation.
