June Automation by the Numbers
The market for wireless devices in the process manufacturing industries will grow at a compounded annual growth rate of over 30% for the next five years said ARC Advisory Group. Standards-based wireless field devices for sensing and the need of process manufacturers to achieve consistent best practices will drive the revenues to $1.1 billion in year 2012.
Foxboro introduced a magnetic flowmeter in year 1958. They are now the third most common flowmeter behind differential pressure and positive displacement flowmeters. Mag meters operate by applying a magnetic field to the flow metering tube. The potential difference that generates from the flowing fluid is proportional to the flow velocity. This meter requires an electricity-conducting fluid and an electrical insulating pipe surface.
The multibillion-dollar contract between the U.S. Air Force and Northrop Grumman Corporation for the KC-45A air refueling tanker will engage a U.S supplier base that includes 230 companies in 49 states and will employ approximately 48,000 direct and indirect jobs nationwide. Check the stats at www.isa.org/link/KC45A.
India has abundant engineering and technical manpower. It is no accident that high skill-sectors account for almost 40% of the manufacturing output in India. Automation and manufacturing multinationals operating in skill-intensive industries are taking note. ABB, Honeywell, and Siemens in electrical and electronic products; Cummins, DaimlerChrysler, Ford, and Toyota in auto components and engineering; Degussa and Rohm and Haas in specialty chemicals have all set up manufacturing bases in India.
The U.S. Department of Energy and its collaborators released their report, "The 20% Wind Scenario," that outlines the technology and culture of moving the U.S. to having that percentage of its electricity coming from the wind by year 2030. The plan estimates the installation rate would need to increase from installing 3 GW (gigawatts) per year today to more than 16 GW per year by 2018 and continue at roughly that rate through 2030.