Wednesday, February 1, 2012

New Frost and Sullivan Report on Fieldbus Market in Southeast Asia

Frost and Sullivan has issued a new market size and forecast report for fieldbus related products and services, similar in scope to the ARC report I mentioned last week.  The difference here is that the geographic scope is limited to Southeast Asia.  Nevertheless, F&S reports seeing the same sustained growth in fieldbus for the process industries, particularly in Southeast Asia, where there is still a lot of grassroots activity going on.  According to the news release, the fieldbus market in Southeast Asia "earned revenues of US$170.1 million in 2010 and [the report] estimates this to reach US$ 252.0 million in 2017."

Krishnan Ramanathan, the analyst at F&S who authored the report, states that "Foundation fieldbus enables 10.0 per cent higher throughput, 30.0 per cent greater capacity without an increase in personnel and 20.0 per cent better efficiency.  Plant automation projects also benefit from reductions in selection, engineering, construction as well as start-up and overhead costs."

Frost and Sullivan Report on Southeast Asian Fieldbus Market Shows Sustained Growth

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