|
PROCESS Woldwide-04-2007
No barrier in sight

The market for hardened industrial Ethernet switches and other types of industrial Ethernet network infrastructure will grow to nearly a $1 billion market during the next five years, according to a new ARC study, “Industrial Ethernet Infrastructure Worldwide Outlook”. The report notes the strong recent growth and predicts that there is no barrier in sight that will bring this above-market growth to a halt. The industrial Ethernet infrastructure market was measured in an earlier ARC report at $124 million in 2004. This latest study finds that the market grew to over $260 million in 2006. The report forecasts that the market will continue to grow at a 29% annual clip and will reach $955 million in 2011. Some, and perhaps many, of the applications now served by the various industrial device and motion control networks will eventually migrate to industrial Ethernet.
www.arcweb.com
|