Industrial Networking/Communication Devices: Promise of Improved Efficiency and Productivity to Fuel Uptake, Says Frost & Sullivan

Industrial Networking/Communication Devices: Promise of Improved Efficiency and Productivity to Fuel Uptake, Says Frost & Sullivan PR Newswire LONDON, July 11, 2012 - Despite multiple benefits, lingering end-user conservatism about new technologies is hampering penetration rates LONDON, July 11, 2012 /PRNewswire/ -- Improved efficiency, increased productivity and cost reductions are the main factors that will drive the European industrial networking/communication market. There is a trend in industrial operations to interconnect systems, equipment, machinery and devices via networking, in order to provide real-time data and information for better decision making, control and management and - by extension - improved performance, quality and production. New analysis from Frost & Sullivan (http://www.industrialautomation.frost.com), European Industrial Networking/Communication Market, finds that the market earned revenues of euro 854.1 million in 2010 and estimates this to reach euro 1,596.1 million in 2015. The research covers Ethernet, Fieldbus and wireless device technologies. The emphasis on enhanced plant efficiency has underlined the need for constant tracking of production flows and quality assurance at every stage of production.