Switch off for operator terminal market
14 Sep 2009
Wellingborough, UK – The world market for operator terminals will decline by almost $300 million in 2009, a report from IMS Research forecasts. The market, it said, was worth around $1.96 billion in 2008 but is now facing "a huge and prolonged impact" of the recession.
Although growth in the world market is projected to restart in 2011, the total revenues in 2013 are forecast to be hardly greater than they were in 2008, said IMS analyst Daniel Welch. Sales to the world automotive user sector, the largest user of operator terminals, are forecast to decline by more than 20% from 2008 to 2009, he also noted.
“In 2009, expenditure on operator terminals by industrial machine builders and by users is forecast to decline sharply. The automotive sector is predicted to be the hardest hit, together with other industrial sectors like machine tools and robotics, which are associated with it,” said Welch.