Press release
Industrial Ethernet Market Overview and Scope of Worldwide Industry Analysis, Services and Solutions by Forecast to 2023
Industrial Ethernet provide real time control over the network communication in applications related to industry.
Industrial ethernet is the use of ethernet cable in the industrial application to provide real time control over the network communication. With advancement in process control or industrial automation, as the major driving factor in growth of Industrial Ethernet Market, the global industrial ethernet market is expected to grow significantly during the forecasted period. The increased adoption of industrial automation in various industrial sectors to improve the production efficiency, product quality minimizing the errors in production is driving the market. The automation is driving the companies to implement smart factory techniques using industrial Ethernet.
Major Key Players of Global Industrial Ethernet Market:
Beckhoff Automation (Germany), Cisco Systems, Inc (U.S.), Rockwell Automation, Inc (U.S.), Schneider Electric SE (France), ABB Group (Switzerland), B&R Industrial Automation GmbH (Austria), Belden Incorporated (U.S.), Bosch Rexroth AG (Germany), ACS Motion Control Ltd (Israel), General Electric Company (U.S.), Honeywell International Inc (U.S.), Omron Corporation (Japan), Eaton Corporation (Ireland), Siemens AG among others.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/4829
Market dynamics of the Global Industrial Ethernet Market:
Drivers
• Growing demand due to advancement in process control or industrial automation
• Benefits such as greater production efficiency, product quality, superior bandwidth, lower operating cost, reduction in production errors etc.
• Growing automation and smart factory design and the growing cost of industrial process disruption
• Adoption of Industrial Internet of Things (IIoT)
• Remote operations and growing use of analytics, sensors, cloud infrastructure and others
Restraints:
• High cost of installation
• Network security concerns
• Technological obsolesce and difficulty in transferring old systems to a new protocol
• Need for rigid standardization of protocols
• Concerns for integrating wireless into industrial Ethernet applications
• Real-time uses may suffer for protocols using TCP
• Poor data transmission efficiency due to mismatch between frame size. Minimum Ethernet frame size is 64 bytes, which affects data transmission efficiency as most industrial communication data sizes are 1–8 bytes.
Opportunities:
• The growing adoption of fiber Ethernet is stimulating the market as it reduces electrical noise and provides better electrical isolation.
• Peer-to-peer architectures are expected to replace master-slave ones
Segmentation of Global Industrial Ethernet Market:
The global industrial Ethernet market is segmented into components, protocol type, application and region.
Component - hardware, software and services. The hardware is having the largest hold of market share of industrial Ethernet market. The hardware components include gateways, routers, switches and others.
Protocol type - PROFINET (Process Field Network), POWERLINK, EtherCAT (Ethernet for Control Automation Technology, Modbus/TCP (Transmission Control Protocol), Ethernet/IP (Internet Protocol), CC-Link IE and Sercos III. ROFINET is widely used in the industrial Ethernet applications and is also expected to grow at a fast pace due to factors such as increased network coverage, increased quality of transmission and growing bandwidth capacity. POWERLINK holds the second position after PROFINET in industrial Ethernet growth.
Application - electronics, defense, industrial, automotive, pharmaceuticals, aerospace, oil & gas, food & beverage, and water & waste water. Of the end users, electronics and automotive hold the largest market share of the industrial Ethernet followed by the automotive industry. The automotive industry is expected to record the fastest growth because of the adoption of automation or process control from assembly line, to component manufacturing.
Access Report Details @ https://www.marketresearchfuture.com/reports/industrial-ethernet-market-4829
Regional Analysis of Global Industrial Ethernet Market:
By regions, the market is segmented into North America, Europe, Asia Pacific and rest of the world. The Asia Pacific is dominating the industrial Ethernet market by region due to the growth of consumer electronics, electronic component manufacturing and emerging automobile industries in countries like China, Japan, India, South Korea and Taiwan. Following Asia Pacific, is the North America and Europe.
The North America market is expected to be led by the U.S. however these markets have been saturated in terms of volume and a critical technological breakthrough is needed in these regions. Countries such as U.S., Canada, U.K, Germany and France have a large presence of Automotive, Oil & Gas, Aerospace and defense industries, which benefits the market. Germany is expected to be the major nation in the market.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Industrial Ethernet Market Overview and Scope of Worldwide Industry Analysis, Services and Solutions by Forecast to 2023 here
News-ID: 930184 • Views: …
More Releases from Market Research Future
Americas Recycled Plastics Market: Opportunities For Higher Growth| Delta Plasti …
Global Americas Recycled Plastics Market Report from Market Research Forecast highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player's market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions…
Hydrofluoric Acid Market (CAGR) of 4%, Innovation Imperative Future Proofing You …
Hydrofluoric acid (HF) is a crucial chemical compound with a wide range of applications across various industries. Despite its hazardous nature, it plays an essential role in manufacturing processes, especially in the production of fluorine compounds. The global hydrofluoric acid market has been witnessing steady growth, driven by demand from end-user industries such as oil refining, pharmaceuticals, and electronics.
The Hydrodesulfurization Catalysts Market is projected to register a CAGR of over…
Palm Methyl Ester Derivative Market Size Projected to Grow at 5.92% CAGR, Reachi …
In recent years, the global market for palm methyl ester derivatives has witnessed significant growth, driven by various factors including environmental concerns, technological advancements, and the increasing demand for sustainable alternatives in various industries. Palm methyl ester derivatives, derived from palm oil, have emerged as versatile ingredients with applications spanning across sectors such as cosmetics, pharmaceuticals, lubricants, and more.
The Palm Methyl Ester Derivative Market Size was valued at USD 1.5…
Asia-Pacific Ceramic Tiles Market to Register Highest CAGR Growth of 7.50% by 20 …
The Asia-Pacific ceramic tiles market has been witnessing robust growth, driven by various factors such as increasing investments in residential and commercial construction, renovation activities, and the growing preference for aesthetically pleasing and durable flooring solutions. Countries like China, India, Japan, and South Korea have been leading the market growth, supported by strong manufacturing capabilities, technological advancements, and evolving consumer preferences.
Asia-Pacific Ceramic Tiles Market Size was valued at USD 141.2…
More Releases for Ethernet
Ethernet Switches Market - Increasing Application of Ethernet In Process Automat …
Switch is a particular device that is used in a computer network for connecting two devices electrically. It is being used to communicate between network devices by plugging in multiple data cables. Switches also helps in the flow of data through a network by transmission of network packet to multiple devices. A specific network address is maintained for identification of network devices connected to a switch helping in the regulation…
Power Over Ethernet Market Uses Ethernet Cable Networks to Transmit Power and Da …
Market Scenario:
The global Power over Ethernet (PoE) market was valued at USD 446.1 million in 2015. The technology enables the transfer of data with electric signals over the paired ethernet cables to the PoE aided devices. Rising adoption of PoE and increasing energy cost in the commercial sector are anticipated to surge the industry growth over the forecast period.
Exponentially growing number of internet users and increasing demand for fast and…
Humidity Transmitters with Ethernet Interface
Beside the RS485 interface with Modbus RTU protocol, the EE310 humidity and temperature transmitter and the EE360 moisture in oil transmitter from E+E Elektronik now feature an Ethernet interface with Modbus TCP protocol.
The EE310 and EE360 represent the latest generation of industrial transmitters from the Austrian sensor specialist E+E Elektronik. A multi-functional 3.5" TFT colour display provides a comprehensive overview of the measurement task and allows the user to…
Ethernet Transceivers Market: Growing Implementation of Ethernet Transceivers In …
Transceiver is a device includes both a transmitter and a receiver that is combined together and share common circuitry or a single housing. Ethernet is a cost effective solution for better and faster connections. Owing to these factors ethernet transceivers is finding its application in different industries. The market has been segmented into by end use industry telecommunication, automotive, healthcare, industrial, consumer electronics, information technology and communication among others.
Browse The…
Telecom Enterprise Services Market - Major data enterprises services (T-1, NxT-1 …
The telecom industry is witnessing a paradigm shift in the offering of services among mobile service providers. Operators around the globe are exploring new offerings to stay ahead of newcomers and international/foreign telecom service providers.
Mobile service providers are incessantly working toward becoming total communications providers. While traditionally, service providers have been focusing on large enterprises, small and medium enterprises (SMEs) are now emerging as a key focus area for…
IOP Tester for Ethernet ECUs
RUETZ SYSTEM SOLUTIONS Tests ECUs for Interoperability
RUETZ SYSTEM SOLUTIONS – experts for automotive data communications - provides an interoperability test platform for Automotive Ethernet. This IOP tester operates within the framework of compliance tests for Automotive Ethernet. The test platform constitutes a component of the test set-up for Open Alliance Layer 1 interoperability tests for ECUs. The IOP tester allows the verification of ECUs for interoperability with other ECUs…
