- The global industrial ethernet market size reached USD 10.48 Billion in 2022 and is expected to register a revenue CAGR of 7.3% during the forecast period, according to latest analysis by Emergen Research. Increasing demand for high-speed data transfer is a key factor driving market revenue growth. In addition, rising focus on cybersecurity is another key factor contributing to market revenue growth. Increasing volume of data generated by industrial systems mandates the use of systems and sub-systems of high performance and ones that enable high-speed data transfer capabilities. Industrial ethernet protocols, such as Process Field Network (PROFINET), Ethernet for Control Automation Technology (EtherCAT), and others offer high-speed communication capabilities, enabling real-time control and monitoring of industrial systems. Rapid advancements in wireless technology is a major factor driving market revenue growth. Wireless technologies, such as Wireless-Fidelity (Wi-Fi) and cellular, is increasingly being used in industrial ethernet applications. In addition, wireless technologies provide greater flexibility and mobility, thereby enabling real-time communication between devices and systems in areas where wired connections are not feasible.
- The Industrial Ethernet Market report discusses in detail the global production capacity, demand and supply ratio, market dynamics, and comprehensive analysis of the competitive landscape. It provides an industry-wide analysis of the market share of each players along with their business portfolio, production and manufacturing capacity, product portfolio, business expansion plans, financial standing, and strategic alliances such as mergers and acquisitions, joint ventures, and collaborations, among others.
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- Competitive Terrain:
- The global Industrial Ethernet industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
- The leading market contenders listed in the report are:
- Siemens, Rockwell Automation, Cisco Systems, Inc., Omron Corporation, Dynalog India Ltd., Belden Inc., Huawei Technologies Co., Ltd., Schneider Electric, ABB, Honeywell International Inc
- Key market aspects studied in the report:
- Market Scope: The report explains the scope of various commercial possibilities in the global Industrial Ethernet market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
- Competitive Outlook: The leading companies operating in the Industrial Ethernet market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
- Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Industrial Ethernet market.
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- Market Segmentations of the Industrial Ethernet Market
- This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Industrial Ethernet market on the basis of product, application, and region:
- Segments Covered in this report are:
- Offering Outlook (Revenue, USD Billion; 2019-2032)
- Hardware
- Software
- Services
- Protocol Outlook (Revenue, USD Billion; 2019-2032)
- PROFINET
- EtherNet/IP
- EtherCAT
- Others
- End-Use Outlook (Revenue, USD Billion; 2019-2032)
- Automotive & Transportation
- Electrical & Electronics
- Aerospace & Defense
- Others
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- Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
- ToC of the report:
- Chapter 1: Market overview and scope
- Chapter 2: Market outlook
- Chapter 3: Impact analysis of COVID-19 pandemic
- Chapter 4: Competitive Landscape
- Chapter 5: Drivers, Constraints, Opportunities, Limitations
- Chapter 6: Key manufacturers of the industry
- Chapter 7: Regional analysis
- Chapter 8: Market segmentation based on type applications
- Chapter 9: Current and Future Trends
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