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Industrial Ethernet Market by Offering (Hardware, Software, and Services), Protocol (EtherNet/IP, PROFINET, Modbus TCP, POWERLINK, CC-Link IE, EtherCAT, and Sercos III), End-User Industry, and Geography - Global Forecast to 2022

Industrial Ethernet Market: Global Forecast until 2022

  • November 2016
  • 163 pages
  • ID: 4412111
In this report:
Within this, the U.K. market (valued at USD ##.## billion in 2015) is expected to grow to USD ##.## billion at a CAGR of ##.##% while France will be the fastest-growing market, at a CAGR of ##.##% to USD ##.## billion.
The market for PROFINET protocol (valued at USD ##.## billion in 2015) is expected to go up to USD ##.## billion at a CAGR of ##.##% between 2016 and 2022 while the market for CC-LINK IE protocol (valued at USD ##.## billion in 2015) is expected to rise to USD ##.## billion at a CAGR of ##.##%.

Summary

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"Industrial Ethernet market intended to grow at a CAGR (Compound annual growth rate) of 16.80 percent"

According to the new market research report on industrial Ethernet, this sector is anticipated to be valued at ~$59.2B by 2022, increasing at a compound annual growth rate (CAGR) of 16.80 percent between 2016 and 2022. The rise of the industrial Ethernet market can be accredited to the increasing adoption of IIoT, high adoption of advanced industrial Ethernet protocols in smart factories, growing machine-to-machine communication, and interoperability of industrial automation and control devices. Industrial Ethernet technology is anticipated to grow because of the increased requirements of sharing information database, energy efficiency, safety, and downtime reduction.

"Currently, EtherNet/IP protocol maintains a main share of the market"

EtherNet/IP protocol maintains a main share of the industrial Ethernet market and has a strong base in developing countries including India and China (CN) with its ability to integrate into wireless devices across multiple networks. It helps in improving the global plant performance, environmental safety, and efficiency.

"Industrial Ethernet market in Asia-Pac forecasted to grow at the highest level rate"

This analysis includes regions including North America, EU, Asia Pacific (APAC), and Rest of the globe. The sector in Asia-Pacific is anticipated to grow at the maximal rate between 2016 and 2022. The main reason for the increase ot the industrial Ethernet market in Asia-Pac is it is one of the biggest producers of consumer electronics in the globe, which is boosting the advanced automation in these markets that use industrial Ethernet system. Also, Asia-Pacific is the main automotive production hub in the.

Break-up of the profiles of primary members taking part for the analysis:

• By Company category: Tier 1-50.0 percent, Tier 2-33.0 percent, and Tier 3-17.0 percent

• By Description: C-Level Executives-34%, Directors-33%, and others-33%

• By Area: APAC-50%, North America-33%, Europe-17%

The firms that are profiled in this market report are Siemens Aktiengesellschaft, ABB Ltd., Rockwell Automation, Schneider Electric, Beckhoff Automation, Moxa Inc., Cisco Systems, Incorporated, B&R Automation, Belden Inc., and Innovasic, Incorporated.

Segment Research

This business report contains the main software, services, and components of the industrial Ethernet market. In industrial Ethernet, distinct protocols are used, that is, PROFINET, EtherNet/IP, EtherCAT, Modbus TCP, POWERLINK, Sercos III, and CC-LINK IE. The report includes different end-user sectors like automotive, electrical and electronics, aerospace and defense, oil and gas, water and wastewater, food and beverages, pharmaceutical, energy and power generation, mining, chemical, petrochemicals and fertilizers, and engineering/fabrication. The industrial Ethernet market has been divided on the basis of area into North America continent, Europe (EU), Asia-Pac, and RoW.

Main highlights

• this business report includes the industry statistics pertaining to offering, protocol, end-user sector, and territory together with their respective revenue.

• Porter's five forces framework has been provided along with the value chain study to offer a detailed insight into the industrial Ethernet market.

• The main drivers, market restraints, opportunities, and alternatives for the industrial Ethernet market have been precised in this industry report.

• Illustrative segmentation, study, and estimate for the industrial Ethernet market established on offering, protocol, end-user market, and area have been organized to give an global view of the industrial Ethernet market.

• A in-depth competitive landscape has been provided that includes top players, complete study, and revenue of the main actors.

• The available customizations for the report offer further country-wise segmentation of the industrial Ethernet market in terms of value importance; further breakdown of the sector can be provided along with profiling of additional firms in the market research.

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