-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueComing to Terms With AI
In this issue, we examine the profound effect artificial intelligence and machine learning are having on manufacturing and business processes. We follow technology, innovation, and money as automation becomes the new key indicator of growth in our industry.
Box Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
IPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
VDC Forecasts High Adoption Rates for Wireline, Wireless Ethernet in Industrial Facilities
April 6, 2004 |Estimated reading time: 1 minute
Natick, Mass. — According to a soon-to-be-released report by Venture Development Corp., "Worldwide Industrial Markets for Ethernet Infrastructure Components and Network Software," the markets for wireline and wireless Ethernet infrastructure networking components will experience nearly 22 percent and 35 percent growth rates respectively over the next three years.
Worldwide shipments of wireline Ethernet infrastructure networking components for use in industrial facilities are forecast to increase from $846 million in 2003 to $1.5 billion in 2006, at a 21.8 percent compound annual growth rate (CAGR). The shipments of wireless Ethernet infrastructure access point/networking components for use in industrial facilities are forecast to increase from $62 million in 2003 to $152 million over the same period, at a 34.8 percent CAGR.
VDC's surveys of end users, OEMs and system integrators produced the following primary motivations for implementing ethernet in industrial facilities:
- Wireline Ethernet Networks: High reliability, High security, Low cost of installations, Established/proven technology, Ease of integration with existing networks
- Wireless Ethernet Networks: Need for mobile applications, Flexibility/ease of expansion/relocation, Provides long distance/remote coverage, Easy/fast installations, Low cost of installations
Founded in 1971, VDC is a technology market research and consulting firm that specializes in industrial and commercial electronics, computing, communications, software and power systems markets. For more information, visit www.vdc-corp.com.