This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Frequent Product Updates Required To Stay Ahead Of Customer Demand In The ANZ Fieldbus Market, Finds Frost & Sullivan

SYDNEY , Jan. 6, 2013 /PRNewswire/ -- Customization is becoming the norm in the Australia and New Zealand fieldbus market as companies in the industrial communication domain are providing flexibility like never before. Fieldbus vendors are constantly introducing newer versions, as process industries attempt to reduce plant downtime through real-time knowledge sharing and high-speed communication protocol.

New analysis from Frost & Sullivan ( http://www.industrialautomation.frost.com), Fieldbus Market in Australia and New Zealand , finds that the m arket earned revenues of US$72.6 million in 2011 and estimates this to reach US$128.6 million in 2017.

End users in the process industries tend to frequently change their requirements, compelling fieldbus vendors to offer complete customization. Some market majors are offering a 'build-it-yourself' option but these systems are expensive to install and maintain.

"Nevertheless, Australia will witness increased adoption of such systems for application in improved infrastructure, resources, and a large base that warrants fieldbus installations on a large scale ," said Frost & Sullivan Research Analyst Krishnan Ramanathan . "The large number of multinationals operating out of the country will also increase the use of fieldbus systems in Australia."

Sensing opportunities, fieldbus vendors have forged partnerships with local companies. Further, companies have collaborated with organizations and educational institutions to promote the understanding of fieldbus technology, as awareness of such technologies can significantly increase market growth.

"Although more and more industries are likely to implement fieldbus systems, the conventional ones will dominate the industry in terms of application," noted Ramanathan . "Mining, chemicals, automotive and food and beverage processing will be the major users of fieldbus systems in Australia."

If you are interested in more information on this research, please send an email to Donna Jeremiah, Corporate Communications, at djeremiah@frost.com , with your full name, company name, title, telephone number, company email address, company Web site, city, state and country.

Fieldbus Market in Australia and New Zealand is part of the Industrial Automation & Process Control Growth Partnership Services program, which also includes research in the following markets: Fieldbus Market in Southeast Asia, Southeast Asia and ANZ PD Pumps market and Analysis of Welding Equipment and Consumables markets. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on "the next big thing"

Register:         Gain access to visionary innovation

Fieldbus Market in Australia and New Zealand P5A3-10

Contact:

Donna Jeremiah Corporate Communications – Asia Pacific P: +61 (02) 8247 8927 F: +61 (02) 9252 8066 E: djeremiah@frost.com

Carrie Low  Corporate Communications – Asia Pacific P: +603 6204 5910 F: +603 6201 7402 E: carrie.low@frost.com

Jessie Loh Corporate Communications – Asia Pacific P: +65 6890 0942 F: +65 6890 0988 E: jessie.loh@frost.com

http://www.frost.com

SOURCE Frost & Sullivan

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,096.90 -106.47 -0.58%
S&P 500 2,098.53 -9.25 -0.44%
NASDAQ 4,967.1410 -12.76 -0.26%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs