IHS forecasts steady growth for the operator terminal market

May 2016 News

The world market for operator terminals is estimated to have been worth $2,4 billion in 2014, according to the latest 2016 report on operator terminals from IHS Technology. IHS forecasts this to grow to $2,9 billion in 2019 (a CAGR of 3.5%). IHS has revised down the forecast for all regions, because of the pressure from a slowing economy, weak commodity prices and still very low oil prices. Generally, the growth of this market is forecast to gradually pick up from the end of 2016, with more investment projected for process industries and more use of industrial PCs in applications outside the traditional ones in industrial automation.

Looking at the regional markets for operator terminals, IHS estimated that EMEA was largest, accounting for 37.9% of the global total, followed by Asia Pacific (24.8%) the Americas (24.4%), and Japan (12.9%).

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