Although the world financial crisis has hit many industries in China, industrial Ethernet component revenues from the Chinese market are still forecast to grow continuously from 2008 and 2013, at an average of over 28% per year, according to IMS Research’s recently published report ‘The Chinese Market for Industrial Communications 2009’. In general, the main factor affecting the growth of industrial Ethernet component market in China is the performance of the end markets that use them. This, in turn, is partly dependent upon the general economic and industrial outlook in China. With the government’s huge investment in expressways, railways and other transport infrastructure, and in energy-saving and emission reduction programs, it is expected that the demand from the end-user markets will continue growing strongly over the next three years.
Prospect of Industrial Ethernet
components market in China
- August 1, 2009
- 314 views
Prospect of Industrial Ethernet
IEN Europe's mission is to provide its readers with information about new products and services related to industrial engineering that become available in Europe from around the world. So, if you would like your company's new products to be considered for coverage in IEN Europe, please send our editors a technical press release.
To discuss any editorial opportunities and contributions you would like to make, contact the Editorial team.
