Wireless networks connecting with industrial users
World shipments of industrial products that are wireless-enabled are reportedly set to grow from an estimated 1.2 million to over 3 million in 2015.
The world shipments of industrial products that are wireless-enabled are set to grow from an estimated 1.2 million in 2009 to over 3 million in 2015, equating to a CAGR of 18%, according to IMS Research.
“Wireless automation has been a star performer – many vendors grew their business during the recession. This is because many users consider installing wireless communication very valuable – many are seeing a return on investment within a year. Future growth will be driven by finding new use cases for wireless.
“After end users have made the initial investment in wireless infrastructure, expanding wireless into more and more applications becomes even increasingly attractive,” said automation analyst Toby Colquhoun.
Confusion over different wireless technologies remains an issue for end users in process automation; despite this, vendors are selling much wireless hardware today. However, the lack of standardization will become more important in future applications with a longer payback period. End users have to be certain that they can source replacement parts for many years, if investment in these applications is to be attractive.
See more on industrial wireless from Control Engineering at www.controleng.com/wireless.
IMS Research
- Edited by Amanda McLeman, Control Engineering, www.controleng.com
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2012 Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.