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The industrial ethernet market is forecasted to grow by USD 43.52 bn during 2023-2028, accelerating at a CAGR of 13.29% during the forecast period. The report on the industrial ethernet 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 an increasing number of smart grid projects, the replacement of fieldbus with industrial ethernet, and the growing implementation of IIoT.
The industrial ethernet market is segmented as below:
By Component
- Hardware
- Software
- Services
By Technology
- Ethernet/IP
- PROFINET
- EtherCAT
- Modbus TCP/IP
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the industrial ethernet market covers the following areas:
- Industrial ethernet market sizing
- Industrial ethernet market forecast
- Industrial ethernet 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 Component
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global industrial ethernet market: ABB Ltd., Analog Devices Inc., Belden Inc., Cisco Systems Inc., Eaton Corp. Plc, Hitachi Ltd., HMS Networks AB, Honeywell International Inc., Microchip Technology Inc., Nexans SA, OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Texas Instruments Inc., Hans Turck GmbH and Co KG, Patton LLC, Yokogawa Electric Corp., Signamax Inc., and Moxa Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of smart factories."
According to the report, one of the major drivers for this market is the increasing number of smart grid projects.
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.
- Analog Devices Inc.
- Belden Inc.
- Cisco Systems Inc.
- Eaton Corp. Plc
- Hitachi Ltd.
- HMS Networks AB
- Honeywell International Inc.
- Microchip Technology Inc.
- Nexans SA
- OMRON Corp.
- Rockwell Automation Inc.
- Schneider Electric SE
- Siemens AG
- Texas Instruments Inc.
- Hans Turck GmbH and Co KG
- Patton LLC
- Yokogawa Electric Corp.
- Signamax Inc.
- Moxa Inc.