Press release
Global Industrial Ethernet Market To Grow At A CAGR Of 15.03% During The Period 2016-2020
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.
Technavios analysts forecast the global industrial Ethernet market to grow at a CAGR of 15.03% during the period 2016-2020.
Covered in this report
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
Market driver
Growing implementation of IIoT
For a full, detailed list, view our report
Market challenge
Lack of determinism in Ethernet communication networks
For a full, detailed list, view our report
Market trend
Increased use of Ethernet among machine and robot OEMs
For a full, detailed list, view our report
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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