Compiled ByFrank R. Chloupek According to a report from Venture Development Corp., the market for wireless monitoring and control applications in North America is expected to increase more than six-fold between 2001 and 2006, growing from total shipments of $109 million in 2001 to $752 million in 2006. The growth is expected in tank level monitoring; material handling monitoring and control; and programming, maintenance and repair. The share of the market currently devoted to remote crane/hoist controls is expected to decline from 20% to 4% due to the current widespread use of these applications. Total Percentage Shipments For 2001 By Industry
Total Shipments -- $109 Million Forecast Total Percentage Shipments For 2006 By Industry
Total Forecast Shipments -- $752 Million Venture Development, based in Natick, Mass., is a technology research and management consulting firm serving the electronics industry.
| Industry | Percentage |
| Utilities | 17 |
| Chemical/Petrochemical | 16 |
| Automotive | 14 |
| Food & Beverage | 10 |
| Other | 43 |
| Industry | Percentage |
| Utilities | 22 |
| Chemical/Petrochemical | 18 |
| Automotive | 12 |
| Food & Beverage | 12 |
| Other | 36 |
