According to the ARC report, “Fieldbus Solutions in the Process Industries: Worldwide Outlook,” FOUNDATION fieldbus accounted for nearly three-quarters of the total digital process fieldbus marketplace in 2011. ARC also predicts ongoing expansion of the market for process fieldbus products and solutions, with continued double-digit growth over the next five years.
FOUNDATION fieldbus provides an all-digital communication infrastructure for process automation, with multivariable measurement capabilities, device diagnostics, and the ability to integrate wireless devices across multiple networks. The block structure of FOUNDATION fieldbus provides distributed functionality for implementing control in the field, data management, and alarm and alert management.
“Fieldbus technology has made further inroads into the culture of process automation, despite the negative impact that the global recession had on the market,” ARC Analyst Kevin Crisafulli said in a prepared statement. “Manufacturers are beginning to understand that the real value of fieldbus savings and increasing efficiency are more closely related to operating expenditures, which will drive growth going forward.”
For more information on the ARC white paper on FOUNDATION fieldbus, visit www.fieldbus.org.