Industrial Ethernet IP Market Report 2021: By Key Players, Type, Analysis and Forecast 2021-2027

The global industrial ethernet IP market is anticipated to grow at a significant CAGR during the forecast period. Ethernet Industrial Protocol (Ethernet/IP) is a network communication protocol that can handle enormous volumes of data at different rates. PROFINET and EtherCAT are industrial Ethernet protocols that modify regular ethernet to ensure that specific manufacturing data is provided and received correctly. It also makes sure that data is transferred promptly to complete a task. As automation spreads across industries, the need for a reliable communication network that connects all of the components increases. As a result, industrial ethernet protocol is in high demand to create a scalable, flexible, and omnipresent network.

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Through a secure network connection, industrial ethernet allows for easy data flow across the production plant. This contributes to increased productivity in the industry's supply chain and manufacturing process, as well as minimised downtime in industrial processes. As a result, various sectors are adopting cutting-edge process automation technology. The increasing use of the Industrial Internet of Things (IIoT) and Internet of Things (IoT) in manufacturing and process sectors is accelerating the rapid expansion of the global industrial ethernet IP market.

Furthermore, government measures encouraging the usage of ethernet in process and manufacturing industries to use cutting-edge technology are propelling the market forward. On the other hand, the need for remarkable capital investments to implement industrial ethernet solutions is a major obstruct blocking the industry growth.

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Market Coverage

• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By Type
o By End-User
• Competitive Landscape: Rockwell Automation, Cisco Systems Inc., Huawei, Innovasic, Mitsubishi Electric.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominates the market in base year?
• Which segment and region will project fastest growth in the market?
• How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Industrial Ethernet IP Market by Segments

By Type

• Factory Automation
• Supervisory Control

By End-User

• Discrete industries
• Process industries

Industrial Ethernet IP Market– Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Rockwell Automation
• Cisco Systems Inc.
• Huawei
• Innovasic
• Mitsubishi Electric

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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