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TREND TOWARD WIRELESS ETHERNET FOR INDUSTRIAL APPLICATIONS
21 July 2004 - Venture Development Corporation
| The market for wireless Ethernet infrastructure components and network software for industrial applications totalled $75.1 million in 2003 and is forecast to grow at a compound annual growth rate of 34.7%, reaching $183.4 million in 2006, according to a recent report by Venture Development Corporation, Worldwide Industrial Markets for Wireless Ethernet Infrastructure Components and Network Software. |
The market for wireless Ethernet infrastructure components and network software for industrial applications totalled $75.1 million in 2003 and is forecast to grow at a compound annual growth rate of 34.7%, reaching $183.4 million in 2006, according to a recent report by Venture Development Corporation, Worldwide Industrial Markets for Wireless Ethernet Infrastructure Components and Network Software. The evolution of standards, enhanced security and increased bandwidth has propelled the use of wireless Ethernet into 'harsh' environments. Success in warehouse/distribution applications has carried over into shop floor control environments; benefits of wireless Ethernet in industrial applications include: Mobility - Portable operator interfaces having wireless monitoring and control capabilities allow operators, engineers and maintenance personnel to interface with equipment remotely, enhancing operator safety and providing the flexible network architectures desired in plant installations. Flexibility - Wireless solutions allow easier add-ons, removals and changes to the network. This is especially valuable in applications where change-outs or expansions are frequent and expensive. Cost - Wireless networks negate the cost of the cable previously needed to connect devices and controllers. Eliminating the need for wires inherently decreases installation time, providing a significant savings on materials and labor costs.
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About: Venture Development Corporation
Venture Development Corporation (VDC) is an independent technology market research and strategy consulting firm that specializes in a number of industrial, embedded, defense and niche enterprise IT markets. VDC has been operating since 1971, when graduates of the Harvard Business School and Massachusetts Institute of Technology founded the firm. Today, we employ a talented collection of analysts and consultants who offer a rare combination of expertise in the market research process; experience in technology product and program management, and formal training in engineering and marketing. VDC's clients include thousands of the largest and fastest growing tech suppliers in the world and the most successful investors participating in the markets we cover. |
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