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Industrial Ethernet Market- Global Industry Growth, Trends and Forecast 2017 - 2025
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The replacement of fieldbus with industrial Ethernet as the main networking technology in automation industry is driving the demand for industrial Ethernet. Industrial Ethernet has superior bandwidth, easy scalability and are cost-effective. In contrast to fieldbus, industrial Ethernet can also consolidate many networks and infrastructure, thus making it a cost-effective automation platform. PROFINET and Modbus TCP are increasingly being used as replacements for various fieldbuses in factories. Further, increasing demand of cloud services is also changing data centre infrastructure, creating need for high bandwidth cables. This is also one of the major factors driving the industrial Ethernet market.
However, industrial Ethernet handle a broad range of data traffic than Fieldbus. In addition to the data from devices, industrial Ethernet also handles data from other sources like network management and diagnostics protocols. Therefore managing large amount of real-time data affects the industrial Ethernet’s performance. Further, replacing the old infrastructure with new infrastructure also poses as one of the challenges for the market.
Some of the prominent players in the Industrial Ethernet Market include ABB Ltd., Beckhoff Automation, B&R Automation, Belden Inc., Cisco Systems, Inc., Innovasic, Inc. (Acquired by Analog Devices), Moxa Inc., Rockwell Automation, Schneider Electric and Siemens AG.
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