Jim Taylor, Venture Development Corp.

Survey Says: Users Demand Wireless Monitoring, Control Products

Industrial wireless applications are expected to grow at a 19% compound annual growth rate from 2007 to 2012, according to a recent Venture Development Corp. (VDC) survey covering radio frequency (RF) or microwave industrial monitoring and control products. Market to double in 5 years VDC estimates the combined worldwide market to be $629 million in 2007, expanding to more than $1.