Press release
Global Industrial Ethernet Market Report, History and Forecast 2013-2025
Industrial Ethernet is Industrial Ethernet is the use of Ethernet in an industrial environment with protocols that provide determinism and real-time control. Protocols for Industrial Ethernet include Ethernet/IP, PROFINET, EtherCAT, Modbus TCP/IP, POWERLINK, Other.
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Industrial Ethernet are composed of Transmission media converter module, Hubs, Switches and Routers, etc.
Belden accounted for 16.45% of the Industrial Ethernet revenue market share in 2015. Siemens accounted for 13.79% of the Industrial Ethernet revenue market share in 2015. The Industrial Ethernet switches of the two companies are very famous.
Global giant manufactures mainly distributed in Europe and North America. They have unshakable status in this field. Europe takes the revenue market share of 48.35% in 2015, North America followed by with 27.35% in 2015. Particularly, there is hardly a large enterprise and market is very fragmented.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
In 2017, the global Industrial Ethernet market size was 1770 million US$ and it is expected to reach 2810 million US$ by the end of 2025, with a CAGR of 6.0% between 2018 and 2025.
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