Industrial networking and communication devices study

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, European Industrial Networking/Communication Market, finds that the market earned revenues of €854.1 million in 2010 and estimates this to reach €1596.1 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.

Frost & Sullivan Senior Research Analyst Katarzyna Owczarczyk notes: "As industrial networking/communication devices have the ability to retrieve real-time data from multiple, sometimes inaccessible, field devices, they are critical to process control operations where rapid reaction is necessary to prevent any abnormal functioning of the systems. Real-time capabilities also enable convenient and cost-effective transmission and monitoring of data parameters over long distances."

End-users acknowledge the importance of measuring the various critical parameters that are available within a factory automation environment, which could be used to improve production. Industrial networking/communication devices can help in monitoring these parameters and provide valuable information, which could boost plant efficiency.

However, the conservative attitudes of end-user industries such as pharmaceutical, food & beverage, chemicals and oil & gas towards implementing new technologies, without being assured of their potential benefits, has proved a major restraint for industrial networking penetration.

Owczarczyk explains: "The application of field devices happens mostly in Greenfield projects as end-users are hesitant about changing existing plant infrastructure. Many are comfortable with traditional ways of plant operation. Hence, they are less willing to invest in industrial networking solutions, viewing them primarily as an alternative, rather than a first-choice option."

Concerns over system reliability and security tend to further fuel such conservatism. While real-time technology facilitates the availability of data on the Internet and intranet servers, the security of data in the process of transmission is not assured as the data is relatively accessible. Moreover, end-users are unwilling to risk investing in wireless, as they are still not convinced about the robustness of wireless transmission.

Owczarczyk advises: "Manufactures of industrial networking/communication devices have to generate greater awareness and conduct workshops and training to educate end-users about the advantages of integrating industrial networking into the manufacturing process. Once end-users realise the benefits of these devices, adoption levels are set to soar."

If you are interested in more information on the European Industrial Networking/Communication Market study, please send an email with your contact details to Anna Zanchi, Corporate Communications, at anna.zanchi@frost.com.

Frost & Sullivan

4, Grosvenor Gardens
London
SW1W 0DH
UNITED KINGDOM

+44 (0)20 7343 8383

enquiries@frost.com

www.industrialautomation.frost.com

More from Frost & Sullivan

Industrial mobile apps to transform the factory environment

Posted 3 years ago

IIoT-supported electro-hydraulic products: new opportunities

Posted 3 years ago

Global market for robotics in manufacturing gathers pace

Posted 3 years ago

Manufacturing cloud transforms digital services

Posted 3 years ago

Cybersecurity emerging as intrinsic element of Industry 4.0

Posted 3 years ago

MLC identifies 6 critical issues predicted to disrupt industry

Posted 4 years ago

Integration of electronics and pneumatics to stoke global market

Posted 4 years ago

Era of convergence and collaboration for industrial suppliers

Posted 4 years ago

Growth, Innovation & Leadership conference, GIL 2015: Germany

Posted 5 years ago

Frost & Sullivan live webinar: Data -The Currency of the Future

Posted 5 years ago

Industrial cybersecurity awareness is low despite attacks

Posted 5 years ago

Webinar: Internet of Things in the Age of Industry 4.0

Posted 5 years ago

Frost & Sullivan: Transition to welding robotics inevitable

Posted 5 years ago

Cost and efficiency benefits fuel uptake of electric drives

Posted 5 years ago

Touchless sensing technology: the next paradigm in HMI

Posted 5 years ago

Industrie 4.0: end-user needs will transform manufacturing

Posted 6 years ago

Report says hygienic and energy-efficient pumps will be popular

Posted 6 years ago

Smart manufacturing to drive demand for M2M communication

Posted 6 years ago

Energy Efficiency rules fuel adoption of IE3 induction motors

Posted 6 years ago

Technology improvements to boost demand for mining machinery

Posted 7 years ago

What will happen if Schneider Electric takes over Invensys?

Posted 7 years ago

Frost & Sullivan recognises excellence in product line strategy

Posted 7 years ago

Multiple benefits to underpin appeal of flux cored wires

Posted 7 years ago

European pumps market to focus on energy efficiency

Posted 7 years ago

Technological improvements will enhance machine vision markets

Posted 7 years ago

Integrated hydraulic equipment to offset impact of downturn

Posted 7 years ago

Demand for industrial automation to boost electric drives market

Posted 7 years ago

Industrial wireless devices will support future plant equipment

Posted 8 years ago

Energy-efficient pneumatic equipment to experience rising demand

Posted 8 years ago

Sensors to benefit from shift toward better automation

Posted 8 years ago

Predictions for Industrial Automation and Process Control

Posted 8 years ago

Posted 11 years ago

Posted 11 years ago

New report highlights trends in flexible electronics

Posted 11 years ago

Workshop to discuss wireless in industrial environments

Posted 11 years ago

Expansion of electronics manufacture across UMENA region

Posted 13 years ago

Steady growth forecast for European laser cutting market

Posted 13 years ago

Electronics manufacturing expands in eastern Europe

Posted 13 years ago

European belts and chain drives in industrial automation

Posted 13 years ago

Pulp and paper automation needs new approach

Posted 13 years ago

Frost & Sullivan Emerging Technologies Awards 2006

Posted 13 years ago

Eastern Europen oppportunities for automation and control

Posted 13 years ago

More news
3 days ago
Automatic bearing lubrication brings ore inspiring results in mining
By installing automatic lubricators for bearings on its conveyor drive motors and belt pulleys, an opencast mine in Hungary has seen a range of benefits, including the prevention of unplanned downtime, longer bearing life and reduced repair work
3 days ago
Kinoulton company conveys COVID-combating masks
Here's a great example of the germ of an idea resulting in the combating of COVID
3 days ago
FLIR Systems announces four new Exx-Series handheld thermal imaging cameras
New E96, E86, E76 and E54 models feature enhanced thermal resolution and provide on-camera routing capability for more efficient inspections
3 days ago
New C-Mount lenses bring focus for machine and system builders
IDS now offers more than 20 new C-mount lenses with resolutions of 5, 8 and 10 MP as well as different focal lengths and optical classes
4 days ago
Backup DC motor for two rolling mill applications
Menzel Elektromotoren has built a replica of an old DC motor for a large German steel strip manufacturer
4 days ago
Distributed safety systems webinar 30th October 0930
In this webinar Pilz UK Product Manager David Collier will examine the state-of-the-art technology available to meet the demands of decentralisation
4 days ago
New narrow FeedThrough connectors save panel space
New from Cliff Electronics is the SLIMS FeedThrough Connector range, designed and manufactured in the UK
5 days ago
New autoglide 5 system from igus doesn’t need a guide trough
A new energy chain system for intralogistics and crane systems has been designed by motion plastics experts igus
5 days ago
New DC/AC converter unveiled by Phoenix Contact
With the arrival of its new DC/AC inverter (part of the Phoenix Contact Quint Power family) the company says that machine builders now have a compact solution to generate alternating current in DC applications
5 days ago
New-generation bullet train runs on NSK bearings
High-performance bearings from NSK are now operational in the newly developed N700S Shinkansen (bullet train)