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News Release from: IMS Research | Subject: Industrial PCs - developing regions
Edited by the Manufacturingtalk Editorial
Team on 19 September 2006
Developing regions strongly demand
industrial PCs
Developing regions such as Eastern Europe, the Middle East and Africa and the Russian Federation are expected to register strongest industrial PC demand, with annual growth rates exceeding 13.0%.
IMS Research forecasts that the EMEA market for industrial PCs will increase to over EUR 740 million by 2010, experiencing a CAGR of 8%, according to its latest study Developing regions such as Eastern Europe, the Middle East and Africa and the Russian Federation are expected to register the strongest growth, with annual growth rates in excess of 13.0%
This article was originally published on Manufacturingtalk on 7 Mar 2008 at 8.00am (UK)
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A contributory factor to the high percentage growth rates in these regions is the growing number of manufacturing companies relocating to these areas due to their comparatively low labour costs.
Many of these countries are also currently experiencing a period of strong economic expansion.
Market analyst and report author Mark Watson commented: "Regional growth is driven by the predicted economic performance of each region and the number of machines and systems which are expected to be manufactured within the region over the forecast period".
"The influx of foreign manufacturing companies to these developing regions is therefore having a very positive affect on the market for industrial PCs." * About IMS Research - IMS Research is a specialist supplier of market research and consultancy services on global electronics markets.
Information from IMS Research is used by major companies worldwide to assess market trends, solve marketing problems, and improve the efficiency of their businesses.
IMS Research is an international company, selling in more than 40 countries around the world and is supported by headquarters in Wellingborough, UK; an office in Austin, Texas; and an office in Shanghai, China.
IMS Research's Industrial Automation Group produces data on the markets for operator interfaces (HMI hardware), programmable logic controllers (PLCs), factory communications, including both fieldbus and industrial Ethernet; machine vision systems and numerous machinery sectors.
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