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Industrial Communication Market 2019:Industry Analysis By OMRON Corporation, Schneider Electric, Belden Inc., Siemens, Rockwell Automation, Inc., ABB, General Electric & Others

Global Industrial Communication Market

Global Industrial Communication Market

Global industrial communication market is set to witness a healthy CAGR of 11.12% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing adoption of industrial internet of things and increasing demand for wireless networks are the factor for the growth of this market.

Industrial communication report is a well-generated market report which helps achieve comprehensive analysis of the market structure along with estimations of the various segments and sub-segments of the market. This report deals with plentiful aspects of the semiconductors&electronics industry. The CAGR values covered here estimates the fluctuation about the rise or fall of demand for the specific forecasted period with respect to investment. A comprehensive market study and analysis of trends in consumer and supply chain dynamics underlined in this report assists businesses in drawing the strategies about sales, marketing, advertising, and promotion.

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Major Market Competitors/Players

Few of the major competitors currently working in the industrial communication market are SICK AG, OMRON Corporation, Schneider Electric, Belden Inc., Siemens, Rockwell Automation, Inc., ABB, General Electric, Advantech Co., Ltd., HMS Networks, ifm electronic gmbh, Telefonaktiebolaget LM Ericsson, Honeywell., B&R, Bosch Rexroth AG, Anixter Inc., Texas Instruments Incorporated, TE Connectivity, National Instruments, Molex, Pepperl+Fuchs Factory Automation Pvt. Ltd., and others.

Competitive Analysis

Global industrial communication market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of industrial communication market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Drivers:

Increasing demand for faster and reliable communication protocols is driving market growth
Rising government initiatives to support industrial automation will also accelerate the market growth
Growing industrial revolution 4.0 is also enhancing the growth of the market
Increasing advances in communication technology will also contribute as a factor for the growth of this market
Market Restraints:

Dearth of standardization among equipment manufacturer will restrain the market growth
Issues associated with data safety and security will also hamper the market growth
Availability of legacy systems with harsh industry environment will also restrict the growth of this market
Table of Contents

1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography

Get detailed toc @ https://www.databridgemarketresearch.com/toc/?dbmr=global-industrial-communication-market

Segmentation: Global Industrial Communication Market
By Offerings

Components
Switches
Hubs, Routers, and Gateways
Connectors
Communication Interfaces
Power Supply Devices
Controllers and Processors
Memory
Isolators and Convertors
Others
Software
Services
By Communication Protocol

Fieldbus
Foundation Fieldbus and Hart
Profibus
Modbus
CC- Link
Devicenet
Canopen
Interbus
Others
Industrial Ethernet
Profinet
Ethernet/IP
Ethercat
Modbus – TCP
Powerlink
Sercos Iii
Wireless
WLAN
Isa100.11a
Cellular
Whart
Zigbee
Others
By End- User

Automotive and Transportation
Electrical and Electronics
Aerospace & Defense
Oil & Gas
Chemicals and Fertilizers
Food & Beverages
Pharmaceutical
Energy & Power
Mining
Engineering/Fabrication
Water and Wastewater
Others
By Geography

North America
Europe
Asia-Pacific
South America
Middle East and Africa

Key Developments in the Market:

In June 2019, Renesas Electronics Corporation announced the launch of their RX72M Group of RX microcontrollers which consist of EtherCAT slave controller for industrial Ethernet communication. This new device will provide single-chip MCU and high performance solutions. The new RX72M Group has the ability to provide superior performance of a 1396 CoreMark score at 240MHz and it is capable of both application processing and EtherCAT communication
In January 2019, Pepperl+Fuchs Comtrol announced the launch of their new product in their DeviceMaster industrial gateway lineup which is specially designed to allow communication among EtherNet/IP and Modbus controllers. This new device will enable the communication among Modbus masters, EtherNet/IP controller and Modbus slave devices

Key Insights in the report:

Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved

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Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Corporatesales@databridgemarketresearch.com

About Data Bridge Market Research

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