Global Industrial Ethernet Market to grow at a CAGR of 15.03% over Forecast 2016-2020

Albany, NY, Jan 11, 2017: Ethernet is widely used in office and office networks for data transfers. In recent times, it has entered into factory floor to meet the communication needs of industrial applications. The use of standard Ethernet in an industrial environment is called industrial Ethernet. The environment inside industrial plants is harsh with extreme temperature conditions, humidity, and vibration. Industrial Ethernet-based devices are designed to be rugged to withstand these extreme conditions and function in optimal conditions.

The global industrial Ethernet market to grow at a CAGR of 15.03% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global industrial Ethernet market for 2016-2020. To calculate the market size, we consider revenue generated from sales and aftermarket services of industrial Ethernet-based devices by the market participants for both process and discrete industries globally.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Industrial Ethernet Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Beckhoff Automation
- Cisco Systems
- Rockwell Automation
- Schneider Electric
- Siemens

Other prominent vendors
- ABB
- ACS Motion Control
- Advanced Motion Control
- Alta Industrial Motion
- B&R Automation
- Belden
- Bosch Rexroth
- Eaton
- Endress+Hauser
- GE
- Hitachi
- Honeywell International
- IDEC
- Omron
- Parker Hannifin
- Yaskawa Electric
- Yokogawa Electric

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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