Europe's wireless technology market expected to quadruple

Because they're still at the initial stage of development, wireless technologies for industrial applications continue to make up a highly fragmented market that displays only a vague structure in terms of products, suppliers, and applications. Still, a new study by Frost & Sullivan found better growth prospects among European wireless technologies intended for industri...

12/01/2003


Because they're still at the initial stage of development, wireless technologies for industrial applications continue to make up a highly fragmented market that displays only a vague structure in terms of products, suppliers, and applications. Still, a new study by Frost & Sullivan found better growth prospects among European wireless technologies intended for industrial applications. Valued at approximately $117 million in 2002, this market's revenues are expected to quadruple between 2003 and 2006, defying adverse impacts of slowing economies.

However, Europe's wireless market still has some hurdles to overcome before it can truly prosper. Frost & Sullivan adds that user skepticism, as well as concerns about security and reliability, are the main reasons for a prevailing hesitancy about investing in wireless solutions. Widening acceptance has also been hampered by the lack of standards and limited awareness of the technology's capabilities among potential users.

Gabriela Martinho, Frost & Sullivan's industry analyst, believes that players in the device-to-device communications sector can lessen apprehension over security by educating end-users and providing continued security assurance. This restraint might still affect market growth over time, Martinho cautions, as wireless LANs become integrated in WANs, and the need for high security becomes imperative.

The study adds that interoperability of new products in the market will likely contribute to potential customers' increased confidence in the technology and consequently drive overall demand.

Martinho observes that many large automation suppliers have recently entered the market with a limited number of products, and most are still working on product development based on emerging technology standards. Automation manufacturers have been preparing for market take-off, and anticipate more stability due to standards and product development.

One of the main challenges facing companies in the wireless market is how to fine tune their solutions to specific vertical markets. So far, only a small percentage of the potential market has been targeted and, instead of focussing on specific areas, suppliers are still looking to reach the most customers.





The Top Plant program honors outstanding manufacturing facilities in North America. View the 2015 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
Each year, a panel of Control Engineering and Plant Engineering editors and industry expert judges select the System Integrator of the Year Award winners in three categories.
Doubling down on digital manufacturing; Data driving predictive maintenance; Electric motors and generators; Rewarding operational improvement
2017 Lubrication Guide; Software tools; Microgrids and energy strategies; Use robots effectively
Prescriptive maintenance; Hannover Messe 2017 recap; Reduce welding errors
The cloud, mobility, and remote operations; SCADA and contextual mobility; Custom UPS empowering a secure pipeline
Infrastructure for natural gas expansion; Artificial lift methods; Disruptive technology and fugitive gas emissions
Mobility as the means to offshore innovation; Preventing another Deepwater Horizon; ROVs as subsea robots; SCADA and the radio spectrum
Research team developing Tesla coil designs; Implementing wireless process sensing
Commissioning electrical systems; Designing emergency and standby generator systems; Paralleling switchgear generator systems
Natural gas engines; New applications for fuel cells; Large engines become more efficient; Extending boiler life

Annual Salary Survey

Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.

There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.

But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.

Read more: 2015 Salary Survey

Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Society for Maintenance and Reliability Professionals an organization devoted...
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.
The maintenance journey has been a long, slow trek for most manufacturers and has gone from preventive maintenance to predictive maintenance.
Featured articles highlight technologies that enable the Industrial Internet of Things, IIoT-related products and strategies to get data more easily to the user.
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.
Maintenance Manager; California Oils Corp.
Associate, Electrical Engineering; Wood Harbinger
Control Systems Engineer; Robert Bosch Corp.
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
click me