Press release
Industrial Communication Market Emerging Trends & Global Industry Forecast to 2025 | Cisco, ABB, Siemens, Rockwell Automation
Laying focus on the Industry 4.0 developments, it has been witnessed that Europe would emerge as an investment hotbed for industrial communication industry in the upcoming years. It was reported that the region procured a revenue share of more than 37 per cent in 2018 and is further likely to grow at a prodigious pace over the stipulated time frame. In essence, countries in Northern Europe and Western Europe boast of immense potential to attract most of the investment in field of Industry 4.0 technologies and others.
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Top Key Players Are : Cisco, ABB, Siemens, Rockwell Automation, Schneider, Beckhoff Automation, General Electric, ACS Motion Control, Honeywell International, Omron Corporation, Eaton, Belden, and Moxa
Growing demand for increased data processing speed will foster industrial communication market in the automation sector. As industrial operations are becoming more complex and variable, the market has registered immense growth over recent years. Indeed, a greater number of network-based programmable controllers and mechanisms are required within modern industries to attain faster decisions and increased productivity and efficiency.
With network-based automation, companies can also attain increased saving in work force, energy, raw material, better control on product quality and enhanced plant availability and operational safety. In fact, the technology can help in raising the levels of process control & continuity with improved efficiency, eventually bringing potential production figures to the nominal plant capacity by cutting downtime, corrective maintenance and the lack of raw material supply to minimum.
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With efficient real-time communication system like PROFIBUS-DP or PA, Fieldbus and more, distributed peripherals such as Input/output (I/O) modules, transducers, drives, valves and operational panels can also communicate with automation systems more accurately.
Thus, with the advent of the automated systems that are based on advanced industrial communication and technology, the automation sector will attain enhanced benefits in terms of maintenance, and increase plant productivity, further augmenting industrial communication market.
Table Of Content:
Chapter 5. Industrial Communication Market, By Component
5.1. Key trends, by component
5.2. Hardware
5.2.1. Market estimates and forecast, 2014 – 2025
5.2.2. Switches
5.2.2.1. Market estimates and forecast, 2014 – 2025
5.2.3. Hubs, routers & gateways
5.2.3.1. Market estimates and forecast, 2014 – 2025
5.2.4. Connectors
5.2.4.1. Market estimates and forecast, 2014 – 2025
5.2.5. Communication interfaces
5.2.5.1. Market estimates and forecast, 2014 – 2025
5.2.6. Controllers & processors
5.2.6.1. Market estimates and forecast, 2014 – 2025
5.2.7. Others
5.2.7.1. Market estimates and forecast, 2014 – 2025
5.3. Software
5.3.1. Market estimates and forecast, 2014 – 2025
5.4. Services
5.4.1. Market estimates and forecast, 2014 -- 2025
5.4.2. Installation service
5.4.2.1. Market estimates and forecast, 2014 – 2025
5.4.3. Mainteance service
5.4.3.1. Market estimates and forecast, 2014 – 2025
Chapter 7. Industrial Communication Market, By Application
7.1. Key trends, by application
7.2. Aerospace & defense
7.2.1. Market estimates and forecast, 2014 – 2025
7.3. Automotive & transportation
7.3.1. Market estimates and forecast, 2014 – 2025
7.4. Chemical
7.4.1. Market estimates and forecast, 2014 – 2025
7.5. Electrical & electronics
7.5.1. Market estimates and forecast, 2014 – 2025
7.6. Energy & power
7.6.1. Market estimates and forecast, 2014 – 2025
7.7. Food & beverages
7.7.1. Market estimates and forecast, 2014 – 2025
7.8. Industrial manufacturing
7.8.1. Market estimates and forecast, 2014 – 2025
7.9. Oil & gas
7.9.1. Market estimates and forecast, 2014 – 2025
7.10. Pharmaceutical
7.10.1. Market estimates and forecast, 2014 – 2025
7.11. Others
7.11.1. Market estimates and forecast, 2014 – 2025
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/industrial-communication-market
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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Email: sales@gminsights.com
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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