A new report from IMS Research says that although over 5million new Ethernet nodes were installed in industrial automation networks in 2008, the number was estimated to have fallen by 10.7 per cent to fewer than 4.7million in 2009. Sixteen major product groups were analysed to assess their Ethernet networking connectivity and use; forecasts of industrial production by sector were used to give a realistic projection of Ethernet use in industrial automation to 2014.
John Morse, author of the report, comments: "This was a significant fall but far less than that in product shipments. This indicates the continuing growth in the use of Ethernet-based communication technologies in industrial applications. The average annual growth from 2008 to 2014 is forecast as 7.2 per cent. However, the annual growth from 2010 to 2014 of 11.6 per cent is a better indicator for the rate of recovery from the recession."
Morse also explains that the report forecasts differences between the three main regions, with Asia recovering the fastest from 2010 at an estimated growth rate of over 14 per cent per year, and EMEA and the Americas growing at 11.1 per cent and 10.3 per cent, respectively.
For more information, visit www.imsresearch.com