Industrial Ethernet Market Analyses Overview and Key Players: ABB, Advanced Motion Control, ACS Motion Control, Alta Industrial Motion, Beckhoff Automation, B&R Automation, Belden, Cisco Systems, Bosch Rexroth AG, Honeywell International, Eaton Corporatio

Market Overview: -

The Industrial Ethernet market growth is attributed to the growing popularity of industrial IoT (IIoT) to improve the efficiency of supply chain and production processes in industrial settings. Large-scale adoption of Industrial Ethernet products, such as switches, gateways, connectors, processors, and controllers for structuring industrial networks, is expected to boost the Industrial Ethernet market growth over the forecast timeline. While Industrial Ethernet operates on the same protocols used for Ethernet implementation in office-automation, the use in industrial setting requires consideration of the environment in which the technology needs to function. Global industrial ethernet market to surpass USD 72 billion by 2024; according to a new research report by Global Market Insights, Inc.

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Top Key Players:

Some of the key players operating in the Industrial Ethernet market are, ABB Ltd., Advanced Motion Control, ACS Motion Control Ltd., Alta Industrial Motion, Beckhoff Automation, B&R Automation, Belden, Inc. (Hirschmann), Cisco Systems, Inc., Bosch Rexroth AG, Honeywell International, Inc., Eaton Corporation, Moxa, Inc., Innovasic, Inc., Omron Corporation, Schneider Electric SE, Rockwell Automation, Parker Hannifin Corporation, Yaskawa Electric Corporation, Siemens AG, and Yokogawa Electric Corporation.

Market share calculation in this report is not done based on companies covered in it. The calculation of industrial ethernet market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Regional Segmentations: -

North America will hold the majority share of the Industrial Ethernet market by 2024, accounting for over 50% due to the rapid growth of manufacturing automation applications in the region supported by Industry 4.0. The supportive government initiatives and policies for driving the adoption of industrial automation among the manufacturing and automotive industry are also estimated to have a significant impact on the Industrial Ethernet market growth throughout the forecast timeline.

The Asia Pacific Ethernet market is projected to exhibit the fastest growth during the forecast period owing to rapid industrialization in countries including China, India, Japan, and Singapore. Also, as the popularity and the adoption of Industrial IoT (IIoT) in the region are growing consistently, the market will witness an exponential growth over the forecast timeline.

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Partial Chapter of the Table of Content

Chapter 1. Methodology & Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Scope, definition and research parameters
1.2. Data Sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Industrial Ethernet industry 360º synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Regional trends
2.1.3. Component trends
2.1.4. Application trends
Chapter 3. Industrial Ethernet Industry Insights
3.1. Introduction
3.2. Industrial Ethernet segmentation
3.3. Industrial Ethernet landscape, 2013 - 2024
3.4. Industrial Ethernet ecosystem analysis
3.5. Industrial Ethernet features
3.5.1. Increased distance
3.5.2. Network security
3.5.3. Broadcast & Multicast
3.5.4. Standardization
3.6. Industrial Ethernet regulations
3.6.1. IEEE 802 Wireless Standards
3.6.2. EN 50575 Standard (Europe)
3.7. Industry impact forces
3.7.1. Growth drivers
3.7.1.1. Need to improve network flexibility
3.7.1.2. Increasing adoption of advanced industrial ethernet
3.7.1.3. Increasing infrastructure spending
3.7.1.4. Growing adoption in automotive industry
3.7.2. Industry pitfalls & challenges
3.7.2.1. Rigid protocols and standardization
3.7.2.2. Concern related to network security
3.8. Porter's analysis
3.9. PESTEL analysis

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Industrial Ethernet offers a wide range of network security measures to facilitate data integrity and confidentiality. It ensures that the data cannot be accessed by any unauthorized users. Manufacturing devices, such as Programmable Logic Controllers (PLCs) as well as PCs, can be effectively protected due to these network security features.

Industrial applications usually depend on broadcast or multicast communication systems. Industrial Ethernet uses intelligent switching platforms, which can dynamically configure interfaces. As a result, the traffic is forwarded to only those ports that are associated with the requested data. Thus, client devices can be relieved from processing unneeded frames.

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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