Ethernet, wireless Ethernet projected to grow quickly

Natick, MA—Use of Ethernet and wireless Ethernet in industrial facilities is expected to increase at compound annual growth rates (CAGRs) of 21.8% and 34.8%, respectively, during the next three years, according to a new study by Venture Development Corp. (VDC).

04/06/2004


Natick, MA— Use of Ethernet and wireless Ethernet in industrial facilities is expected to increase at compound annual growth rates (CAGRs) of 21.8% and 34.8%, respectively, during the next three years, according to a new study by Venture Development Corp. (VDC).

Shipments of wired Ethernet infrastructure networking products is expected to increase from $846 million in 2003 to more than $1.5 billion in 2006, while shipments of wireless Ethernet components is expected to increase from $62 million in 2003 to $152 million in 2006, according to “Worldwide Industrial Markets for Ethernet Infrastructure Components and Network Software.'

To generate its projections, VDC surveyed end-users, OEMs and system integrators. These industrial users report their main motivations for implementing Ethernet include its high reliability, high security, and low installation costs; that it’s an established/proven technology; and that it’s easy to integrate with existing networks.

Meanwhile, the respondents add they implemented wireless Ethernet because they need mobile applications, and added that wireless Ethernet’s main benefits include its flexibility/ease of expansion/relocation, long distance/remote coverage, easy/fast installations, and low installation costs.

Control Engineering Daily News Desk
Jim Montague, news editor
jmontague@reedbusiness.com





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