PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Rapid Industrialization Cement Foundation Technology's Impact in Fieldbus Market Finds Frost & Sullivan - Faster Fieldbus Technologies needed to stave off competition from conventional systems - IndustrialAutomation.frost.com
Rapid Industrialization Cement Foundation Technology's Impact in Fieldbus Market Finds Frost & Sullivan

 

NewswireToday - /newswire/ - Kuala Lumpur, Malaysia, 2012/01/11 - Faster Fieldbus Technologies needed to stave off competition from conventional systems - IndustrialAutomation.frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Fieldbus' growing indispensability in the automation industries is likely to be reinforced with industrialization gathering pace across Southeast Asia. Among the various technologies in the market, Foundation fieldbus has become the de-facto industry standard in the oil and gas and petrochemicals industry. Since this end user is likely to generate significant demand, the Fieldbus market is expected to continue thriving.

New analysis from Frost & Sullivan (industrialautomation.frost.com), Study on Industrial Fieldbus Market in Southeast Asia, finds that the market earned revenues of US$170.1 million in 2010 and estimates this to reach US$ 252.0 million in 2017.

"As the population increases and automation companies develop technologies that are faster, safer and economical in the long run, fieldbus technologies will find acceptance in the market," says Frost & Sullivan Research Analyst Krishnan Ramanathan. "This demand is not restricted to industries that generate energy but also to emerging industries that focus on cleaner forms of energy such as solar power."

The chemicals, food and beverage, material handling and automotive industries are also major users of fieldbus systems, as process industries find foundation fieldbus technology's ability to connect devices in a seamless Web extremely useful.

While end users acknowledge fieldbus' benefits of project cost reduction, improved accuracy and reduced electrical noise interference, many are often daunted by the huge initial investments in the technology. Further, they are unsure about its suitability in time-critical applications, as except for the Ethernet, the data transfer speeds of fieldbuses are still at the megabit level. Therefore, conventional systems, with their hard-wire logic back-ups, score over fieldbus in time-sensitive functions.

Fieldbus developers are looking to plug this loophole by launching and aggressively marketing newer and faster technologies that offer multiple benefits of reduced down times, lower cabling costs and faster processing.

"Further, 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," notes Ramanathan. "Plant automation projects also benefit from reductions in selection, engineering, construction as well as start-up and overhead costs."

With a rise in the volume of Ethernet private line services, there will be greater scope for a scalable network solution for new, definable, chargeable, and economic services.

If you are interested in more information on this study, please send an e-mail to Donna Jeremiah, Corporate Communications, at djeremiah[.]frost.com, with your contact details.

Study on Industrial Fieldbus Market in Southeast Asia is part of the Industrial Automation & Process Control Growth Partnership Services program. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

Study on Industrial Fieldbus Market in Southeast Asia / P577

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


Rapid Industrialization Cement Foundation Technology's Impact in Fieldbus Market Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Donna Jeremiah / Carrie Low 
+603 6204 5832 / +603 6204 5910 djeremiah[.]frost.com / carrie.low[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Manufacturing/Robotics Most Recent Related Newswires:

PPG Initiates Global Restructuring, Targeting $125 Million in Annual Savings
Local Manufacturing Offers Strong Growth Opportunities in the Thriving Nigeria and South Africa Cement Additives Markets Reports Frost & Sullivan
BASF Expands Automotive Refinish Coatings Manufacturing to Asia Pacific
Alstom’s South African JV Gibela Successfully Handed Over to PRASA The First X’Trapolis Mega
Neptune Lines Reduces Fuel Consumption and Emissions with Hempaguard
BASF Launches Ucrete MF40AS Industrial Flooring System on the European Market
Raritan Unveils Intelligent Cabinet Concept in Collaboration with Legrand Data Communications At Gartner Conference
Beretta Continues Global Celebration of its 490th Anniversary with Unveiling of One-of-a-Kind Shotgun in New York City
LANXESS Virkon S Proven to Kill Highly Pathogenic Avian Influenza Strains
BASF to Offer Tailor-made Product Innovation At European Coatings Show
Nexans to Drive Sustainable Transportation At its Annual Technical Conference
Tripp Lite Introduces A New Series of Pre-assembled 40 Gb to 10 Gb Breakout Fiber Patch Panels
Borealis and Asmidal Sign Memorandum of Understanding to Jointly Evaluate Opportunities for Melamine Production in Algeria
SCHOTT’s New Ultra-Thin Glass is the Thinnest, Toughest, Most Eco-Friendly Glass for Consumer Electronics
Hexagon Manufacturing Intelligence Supplies PTB with Leitz PMM-G

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Triggr & Bloom

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)