Industrial operator interface terminals show strong growth
Natick, MA — The North American market for industrial operator interface terminals shows strong growth, according to a recent study by Venture Development Corp. “The North American markets for industrial electronic monitors, operator interface terminals, and associated software” forecasts a compound annual growth rate of 8%, increasing from $612.5 million in 2005 to $898.2 million in 2010.
The study says a number of product trends—particularly declining component and subsystem costs, primarily for displays—are making adoption more attractive. These trends are strengthened by increasing demand and production capabilities for these products in non-industrial consumer and commercial markets, the report goes on. By type, the survey shows increases over the five-year period in five types of OI terminals: Web browsers at 19%, portable units at 13%, PC-based and graphics terminals at 7% each, and alphanumeric at 3%.
Other factors influencing growth in this area include expansion and upgrade of manufacturing facilities and operations; growing shipments of products to North American OEMs and system integrators that serve worldwide markets; increasing automation of factory operations overall; greater demand for more data as improved factory efficiency leads to higher productivity; more government recordkeeping mandates; and the ongoing shift from switch and lamp panels to electronic operator interfaces.
For more on the report, click here .
—Control Engineering Daily News Desk
Jeanine Katzel , senior editor
|Search the online Automation Integrator Guide|
Case Study Database
Get more exposure for your case study by uploading it to the Control Engineering case study database, where end-users can identify relevant solutions and explore what the experts are doing to effectively implement a variety of technology and productivity related projects.
These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.
Click here to visit the Case Study Database and upload your case study.