The future of the industrial ethernet market looks promising with opportunities in the automotive, electrical and electronics, aerospace and defense, oil and gas, water and wastewater, food and beverages, pharmaceutical, and energy and power generation industries. The industrial ethernet market is expected to grow with a CAGR of 16% from 2019 to 2024. The major drivers for this market are increasing demand for industrial automation and control devices, growing adoption of IoT, and high adoption of advanced industrial Ethernet protocols in smart factories.
A more than 150 pages report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of industrial ethernet market report download the report brochure.
The study includes the industrial ethernet market size and forecast for the industrial ethernet market through 2024, segmented by protocol, end use industry, offering, and region as follows:
By Protocol [$M shipment analysis for 2013 – 2024]:
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EtherNet/IP
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PROFINET
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EtherCAT
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Modbus TCP
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POWERLINK
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Sercos III
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CC-Link IE
By End Use Industry [$M shipment analysis for 2013 – 2024]:
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Automotive
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Electrical and Electronics
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Aerospace and Defense
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Oil and Gas
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Water and Wastewater
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Food and Beverages
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Pharmaceutical
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Energy and Power Generation
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Mining
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Chemical
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Petrochemicals and Fertilizers
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Engineering/Fabrication
By Offering [$M shipment analysis for 2013 – 2024]:
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Hardware
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Software
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Services
By Region [$M shipment analysis for 2013 – 2024]:
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North America
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United States
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Canada
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Mexico
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Europe
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Germany
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UK
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Italy
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Asia Pacific
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China
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Japan
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India
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ROW
Some of the industrial ethernet companies profiled in this report include Siemens, Rockwell Automation, Moxa, Cisco Systems, Belden (Hirschmann), Beckhoff Automation, ABB, Schneider Electric, B&R Automation, and Innovasic.
Some of the features of this report:
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Market size estimates: Industrial ethernet market size estimation in terms of value ($M) shipment.
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Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by protocol and end use industry.
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Segmentation analysis: Market size by various segments such as by protocol, end use industry, offering, and region.
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Regional analysis: Industrial ethernet market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
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Growth opportunities: Analysis on growth opportunities in different applications and regions for industrial ethernet in the industrial ethernet market.
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Strategic analysis:This includes M&A, new product development, and competitive landscape for, industrial ethernet in the industrial ethernet market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the industrial ethernet market by protocol (EtherNet/IP, PROFINET, EtherCAT, Modbus TCP, POWERLINK, sercos III, and CC-link IE), end use industry (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), offering (hardware, software, and services), and region (North America, Europe, Asia Pacific (APAC), Rest of the World (ROW))?
Q.2 which segments will grow at a faster pace and why?
Q.3 which regions will grow at a faster pace and why?
Q.4 what are the key factors affecting market dynamics? What are the drivers and challenges of the industrial ethernet market?
Q.5 what are the business risks and threats to the industrial ethernet market?
Q.6 what are emerging trends in this industrial ethernet market and the reasons behind them?
Q.7 what are some changing demands of customers in the industrial ethernet market?
Q.8 what are the new developments in the industrial ethernet market? Which companies are leading these developments?
Q.9 who are the major players in this industrial ethernet market? What strategic initiatives are being implemented by key players for business growth?
Q.10 what are some of the competitive products and processes in this industrial ethernet area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this, industrial ethernet market?