DMX512 contollers global market forecast, 2012-2017
Date Announced: 20 Dec 2012
According to ElectroniCast Consultants, the American region is forecast to capture the DMX512 controller market share lead in a couple of years.
Aptos, California (USA) – December 20, 2012 -- ElectroniCast Consultants, a leading market research consultancy, today announced the release of a new market forecast of the global market consumption of DMX512 consumer-level controllers.
The use of DMX512 protocol has been applied in many user segments, such as concerts, nightclubs, stage and theater. Other applications are coming into play, via computer-based management networks; whereby several DMX512 control networks can be connected to save on energy costs. The DMX512 controller is typically used as an upper (main or master controller) management network tool to operate (control) lighting; however, the lower DMX512 control network units can also work independently.
According to ElectroniCast, in 2012, the global consumption value of DMX512 controllers is projected to reach $71.9 million. The value is forecast to increase at an average annual growth rate of 16 percent reaching $151.3 million in 2017. The Asia Pacific region (APAC) represents a leading share of 39 percent share of the worldwide consumption value; however, the American region is forecast to capture the market share lead in a couple of years.
The products, which are used in the American market (South, Central and North America), are typically priced at a premium, since the United States market demands more features and durability. The American region is forecast to improve its consumption value market share position from in 38% in 2012 to 40% in the year 2017. The region consisting of European, Middle East and African countries (EMEA) is forecast to grow in value at nearly 16% per year.
This market forecast report is available immediately from ElectroniCast Consultants. For detailed information on this or other services provided by ElectroniCast, please contact Theresa Hosking, Marketing/Sales; email@example.com
ElectroniCast Consultants – www.electronicast.com specializes in forecasting trends in technology, markets and applications forecasting, strategic planning and consulting. ElectroniCast Consultants, as a technology-based independent forecasting firm, serves industrial companies, trade associations, government agencies, communication and data network companies and the financial community. Reduction of the risk of major investment decisions is the main benefit provided. ElectroniCast Consultants’ goal is to understand the challenges and opportunities facing clients and to provide timely, accurate information for strategic planning.
According to ElectroniCast Consultants, the Asia Pacific region (APAC) holds a slight lead in worldwide consumption value of DMX512 consumer-level controllers.
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