The study on the global Industrial Ethernet Market includes a discussion on factors that can impact the market. Market Research Future (MRFR), while conducting a research on the market, revealed possibilities of reaching a valuation of over USD 70.9 billion by 2025, all the while maintaining a CAGR of 23.1% during the forecast period covering 2019 to 2025. These factors are its ability to reduce downtime, the growing integration of industrial internet of things or IIoT, acceptance of automation in various end user industries, government initiatives, and others.
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Cisco Systems, Inc. (US), Beckhoff Automation GmbH & Co. KG (Germany), Schneider Electric (France), Rockwell Automation, Inc. (US), ACS Motion Control (Israel), General Electric (US), Belden Inc. (US), Analog Devices, Inc (US), ABB (Switzerland), OMRON Corporation (Japan), B&R (Austria), Moxa Inc. (Taiwan), Bosch Rexroth AG (Germany), Eaton (Ireland), and Yokogawa Electric Corporation
(Japan) are prominent names in the global industrial ethernet market as they make an impact by launching strategies. MRFR gathered information on the latest moves made by these companies to understand trends that are impacting the market. This will help counter slumps in the market during the forecast period.
The global report on the industrial ethernet market includes a detailed study of segments like protocol, component, and industry vertical. This segmentation aims at revealing insights that are backed by data and can help in forming strategies.
By component, the global industrial ethernet market includes hardware, software, and services. The hardware segment comprises a detailed study of connectors, switches, hubs, router, and gateway, power supply devices, communication interface, and controller & processors. The services segment relies on a study of installation &
testing services and maintenance services.
By protocol, the global industrial ethernet market comprises segments like
Ethernet/IP, HSE, Sercos III, Gigabit Wi-Fi, Modbus TCP/IP, EtherCAT, Powerlink,
Ethernet TCP/IP, and CC-Link IE.
By industry vertical, the understanding of the industrial ethernet market includes
segments like energy & power, aerospace & defense, oil & gas, pharmaceutical,
automotive, food & beverages, chemical, and others.
North America is showing chances of maintaining its dominance as the region has
several top shots of the market and scopes for expansion. The region allows easy
integration of advanced technologies and also gets support from various end user
industries. Asia Pacific is showing signs of high uptake.
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Table of Contents:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
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