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Industrial Routers Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025

10-04-2017 02:47 PM CET | IT, New Media & Software

Press release from: Industrial & Enterprise Iot

Industrial Routers Market - Global Industry Insights, Trends,

Industrial routers are sturdy devices used to connect two or more systems or devices wherein the information transmission is restricted to the required ports. A gateway is used to transfer the communication protocols between the standard wired and wireless network, Ethernet and industrial Ethernet, and Ethernet and Field-Bus. These are featured with processor performance ranging from 200 to 1500 MIPS and on-chip memory capacity over 256KB L2 cache. Moreover, this factory automation equipment is robust and suitable for bad industrial environment for optimum or high speed data transmission functions.

Lean automation and IoT integration in enterprises and industry operations are the chief trends that will garner huge traction to the industrial routers market growth

The deployment of smart technologies in industries such as automotive, chemicals, oil & gas, water & waste water treatment, and energy generation for precisely controlled monitoring of the production chain, raw material logistics & supply, and timely delivery of the finished products, is expected to contribute to major business demands. Increasing inclination of the business enterprises and organizations toward internet enabled devices for enhanced networking and remotely controllable operations will continue to present considerable product demands. Moreover, incorporation of automated decision making intelligence to optimize and self-enhance processes in real time operations to improve the overall productivity is expected to drive the industrial routers market over the forecast period.

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Industrial Routers Market Taxonomy

On the basis of product type, the global industrial routers market is classified into:

Wired
Wireless
On the basis of end-use industries, the global industrial routers market is classified into:

Railways
Oil & Gas
Maritime & Offshore
Water & Wastewater treatment
Roads
Energy
Manufacture and process industries
Others
In conjunction with robustness, these devices are featured with fast speeds and relatively secured operations

Enterprise networks require enhanced network security and stability, which are not as efficient as per the requirement in conventional networking devices. This in turn may lead to lack of appropriate protection and support in the incidence of internal/external attack defense, virus attacks, and hacker intrusion, which may pose significant threat to enterprise security and protection. Industrial routers are featured with better routing protocols such as SNMP, unified management protocol, and strategies or static routers. These help in ensuring safe operations and information protection of enterprises at similar price points. This feature, in addition to long life cycles, is expected to be the major reason for high inclination of the large, medium, and small enterprises toward these industrial devices.

Increasing dependence of the factory operations on the cloud based networks for data accumulation and optimal control will present strong growth landscape for the industrial routers over the forecast period. Moreover, significant number of emerging SMEs in the developing economies that specifically include the BRIC nations are driving the focus of the industrial routers market participants toward these countries.

Asia Pacific contributed the largest industry share in 2016 and is expected to continue its dominance over the forecast period

Growing presence of multinational business enterprises in the region for low cost manufacturing and large potential of the consumer base have led to increased commercial activities in the region. These include a multitude of automotive industries, food & beverages, and electronics & semiconductor industries specifically in Japan, China, India, South Korea, and Indonesia. Additionally, developed economies in Western Europe and the Americas will present consistent demand over the forecast period. Increasing focus on connected road infrastructures is expected to present significant growth potential over the forecast period.

Chief industry participants in the industrial routers market include Alcatel-Lucent, Huawei Technologies, Cisco, Advantech, Juniper Networks, Ericsson, Dell, and HP. Industry offerings include extensive portfolio and considerable dominance of the chief industry participants. Faster, secure, and high performance product development at competitive costs are expected to be the key strategies by the players. For instance, in July 2017, Advantech powered B+B SmartWorx introduced its SmartStart in North America, which is an industrial grade Wi-Fi-capable LTE machine-to-machine (M2M) router that is cost-effective and carrier-agile.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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