1. Market Research
  2. > Manufacturing
  3. > Industrial Equipment Market Trends
Industrial Ethernet Market : Segmented By Offering, By End-use Industry, And Region – Global Analysis Of Market Size, Share & Trends For 2019–2020 And Forecasts To 2031

Industrial Ethernet Market : Segmented By Offering, By End-use Industry, And Region – Global Analysis Of Market Size, Share & Trends For 2019–2020 And Forecasts To 2031

  • April 2022
  • 152 pages
  • ID: 6272831
  • Format: PDF
  • Fatpos Global Pvt. Ltd.

Summary

Table of Contents

Global Industrial Ethernet Market to surpass USD 49 billion by 2031 from USD 26.17 billion in 2021 at a CAGR of 6.47% in the coming years, i.e., 2021-31.

Product Overview
Industrial Ethernet (IE) is the application of Ethernet in an industrial environment with protocols that offer determinism and real-time control. Protocols for Industrial Ethernet include EtherCAT, EtherNet/IP, PROFINET, POWERLINK, and Others. Many industrial Ethernet protocols apply a modified Media Access Control (MAC) layer to deliver low latency and determinism. Some microcontrollers such as Sitara deliver industrial Ethernet support.

Market Highlights
Global Industrial Ethernet market is expected to project a notable CAGR of 6.47% in 2031.

The growth is expected to grow at a CAGR of 6.47% during the forecast period. Rising need for scalable, quick, reliable, and interoperable communication protocols, growing mandates by governments of developing economies to promote implementation of industrial automation, and rising popularity of smart automobiles are contributing to the growth of the industrial ethernet market.

Global Industrial Ethernet: Segments
Hardware segment to grow with the highest CAGR during 2021-31

Global Industrial Ethernet market is classified on the basis of Offering into Hardware, Software, Services. Hardware segment dominates the market share globally. Devices such as IP phones and PCs are linked to the internet to allow rapid communication in industries. Machine-to-machine (M2M) communication in the industrial environment aids facilitate efficient plant operations. It accelerates operations and confirms higher reliability and robustness across several industries, such as automotive, transportation, aerospace & defense, pharmaceutical, and food & beverage.

Automotive & Transportation segment to grow with the highest CAGR during 2021-31

Based on End-use Industry, global Industrial Ethernet Market fragmented into Automotive & Transportation, Electrical & Electronics. Automotive is one of the largest end-use industries of industrial ethernet and is predictable to continue to dominate the market owing to the increasing need for advanced automation in automobile manufacturing hubs worldwide. Similarly, water level monitoring sensors, AC drives, and controllers are the crucial features of water treatment systems, and an industrial ethernet network is used to facilitate communication among these systems. The automotive industry continues to grow at an impressive speed with the adoption of automation and connectivity.

Market Dynamics
Drivers

Rising need for scalable, fast, reliable, and interoperable communication

Industrial Ethernet is vital for attaining complete transparency within an industrial plant, as well as between the plant and enterprise networks. A reliable communication network is the essential of the industry 4.0 concept. Both industrial automation and industrial communication networks are mostly dependent on real-time operational requirements. Hence, they must be able to handle data in a deterministic and redundant way. The system must be scalable across an extensive range of equipment operating on multiple different standards with various interfaces. Consequently, the rising need for scalable and interoperable protocols has amplified initiatives to develop a new set of communication devices.

Emergence of 5G

5G helps to overcome the limitations of other wireless systems. With the onset of 5G technology, the manufacturing industry will experience a main transformation. Attributed to the ultra-low latency and reliability of 5G connectivity, deployment of safe, flexible, and efficient manufacturing systems is possible. 5Gallows continued automation of robots and warehouse transportation and removes the use of cables.

Restraint
Absence of standardization

Industrial equipment or devices connect through several interfaces, technologies, and protocols. The absence of standardization in these communication interfaces and protocols sometimes results in the misrepresentation of information. It also can complicate the integration of systems and hamper the use of plug-and-play features for unrelated systems.

Global Industrial Ethernet: Key Players
ABB Ltd.

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

Physik Instrumente (PI) GmbH & Co. KG (ACS Motion Control, Ltd.)
Barta-Schoenewald, Inc. (Advanced Motion Control)
BECKHOFF Automation, Belden, Inc.
Robert Bosch GmbH (Bosch Rexroth AG)
Cisco Systems, Inc.
Eaton Corporation, Honeywell International, Inc.
Innovasic, Inc. (ANALOG DEVICES)
Monnit Corporation (Alta Ethernet Gateway)
Moxa, Inc.
Omron Corporation
Other Prominent Players
Global Industrial Ethernet: Regions
Global Industrial Ethernet market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Asia Pacific dominates the Industrial Ethernet market. To compete with other global market players, the companies in Asia Pacific use advanced automation systems, which needs high reliable communication networks for machine-to-machine (M2M) communication in their plants. The manufacturing players in Asia Pacific widely adopt the smart factory idea for implementing advanced manufacturing technologies on the factory floor.

Global Industrial Ethernet is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global Industrial Ethernet report also contains analysis on:
Industrial Ethernet Segments:

By Offering
Hardware
Software
Services
By End-use Industry
Automotive & Transportation
Electrical & Electronics
Industrial Ethernet Dynamics
Industrial Ethernet Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Industrial Ethernet Market Report Scope and Segmentation
Report Attribute Details
Market size value in 2021 USD 26.17billion
Revenue forecast in 2031 USD 49 billion
Growth Rate CAGR of 6.47% from 2021 to 2031
Base year for estimation 2020
Quantitative units Revenue in USD million and CAGR from 2021 to 2030
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered Offering, End-user, and Region
Regional scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
Key companies profiled ABB Ltd., Physik Instrumente (PI) GmbH & Co. KG (ACS Motion Control, Ltd.), Barta-Schoenewald, Inc. (Advanced Motion Control), BECKHOFF Automation, Belden, Inc., Robert Bosch GmbH (Bosch Rexroth AG), Cisco Systems, Inc., Eaton Corporation, Honeywell International, Inc., Innovasic, Inc. (ANALOG DEVICES), Monnit Corporation (Alta Ethernet Gateway), Moxa, Inc., Omron Corporation, and Other Prominent Players

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

India Industrial Automation Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

  • $ 4750
  • May 2022
  • 421 pages

The India Industrial Automation Market was valued at USD 10.72 billion in 2021 and is expected to reach USD 23.09 billion by 2027 and grow at a CAGR of 14.26% over the forecast period (2022 - 2027). Key ...

  • India
  • Automotive
  • Industrial Automation
  • Industry analysis
  • Electronics Export

Vendor Profile: Bonitasoft $ 3500 March 2022


ref:plp2022

Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on