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The industrial communication market is forecasted to grow by USD 81.2 billion during 2023-2028, accelerating at a CAGR of 11.01% during the forecast period. The report on the industrial communication market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising adoption of IIoT technology, emergence of new and innovative fieldbus, and increasing deployment of industrial ethernet solutions.
The industrial communication market is segmented as below:
By Product
- Fieldbus
- Industrial Ethernet
- Wireless
By Type
- Component
- Software
- Services
By Geography
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the industrial communication market covers the following areas:
- Industrial communication market sizing
- Industrial communication market forecast
- Industrial communication market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global industrial communication market: ABB Ltd., Advantech Co. Ltd., ASUSTeK Computer Inc., Beckhoff Automation GmbH and Co. KG, Belden Inc., Cisco Systems Inc., Emerson Electric Co., FANUC Corp., General Electric Co., Huawei Technologies Co., Ltd., ifm electronic gmbh, Moxa Inc., OMRON Corp., Phoenix Contact GmbH and Co. KG, Physik Instrumente GmbH and Co. KG, Rockwell Automation Inc., Schneider Electric SE, SICK AG, Siemens AG, and Texas Instruments Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is integration of fieldbus with IIoT."
According to the report, one of the major drivers for this market is the rising adoption of IIoT technology.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Advantech Co. Ltd.
- ASUSTeK Computer Inc.
- Beckhoff Automation GmbH and Co. KG
- Belden Inc.
- Cisco Systems Inc.
- Emerson Electric Co.
- FANUC Corp.
- General Electric Co.
- Huawei Technologies Co. Ltd.
- ifm electronic gmbh
- Moxa Inc.
- OMRON Corp.
- Phoenix Contact GmbH and Co. KG
- Physik Instrumente GmbH and Co. KG
- Rockwell Automation Inc.
- Schneider Electric SE
- SICK AG
- Siemens AG
- Texas Instruments Inc.
