Press release
Global Industrial Ethernet/IP Market Booming At CAGR Of 16.51% Between 2017-2021
Latest industry research report on: Global Industrial Ethernet/IP Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, ForecastsEthernet/IP is the most preferred Ethernet protocol for industrial automation, which supports the industrial connectivity, enabling fast decision making and cutting down on operating expenses. It is mainly used for high-level industrial systems and for adding many devices simultaneously to the network. The major components that are considered in the report are Ethernet switches, gateways, and routers.
Technavios analysts forecast the global industrial ethernet/IP market to grow at a CAGR of 16.51% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global industrial ethernet/IP market for 2017-2021. To calculate the market size, the report considers new installations, retrofit, replacement, and aftersales services.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Industrial Ethernet/IP Market 2017-2021, 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.
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Key vendors
Beckhoff
HMS
Moxa
Rockwell Automation
RTA
Other prominent vendors
Belden
CISCO
Huawei
Innovasic
Mitsubishi Electric
Molex
NetModule
UTTHUNGA
Market driver
Increased penetration of Ethernet networks in process industries
For a full, detailed list, view our report
Market challenge
Growing popularity of wireless technology
For a full, detailed list, view our report
Market trend
Increasing demand for automotive Ethernet
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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