According to the new market research report "Industrial
Ethernet Market by Offering (Hardware, Software, and Services), Protocol
(EtherNet/IP, PROFINET, Modbus TCP, POWERLINK, CC-Link IE, EtherCAT, and Sercos
III), End-User Industry, and Geography - Global Forecast to 2022",
published by MarketsandMarkets, the market is expected to grow at a CAGR of
16.8% between 2016 and 2022, from USD 19.43 Billion in 2015 to USD 59.20 Billion by
2022.
Browse 43 market data Tables and
80 Figures spread through 161 Pages and in-depth TOC on "Industrial Ethernet Market"
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The industrial Ethernet market has a huge potential
across electronics and automotive applications. The major factor driving the
industrial Ethernet market across the world is the rising demand for industrial
automation and growing adoption of Industrial Revolution 4.0.
The market for the water and wastewater industry is
expected to grow at the highest rate between 2016 and 2022
The market for the water and wastewater industry is
expected to grow at the highest rate between 2016 and 2022. Water level
monitoring sensors, AC drives, and controllers are crucial components of a
water treatment system and industrial Ethernet is used to integrate and
communicate between these devices. All these factors are expected to boost the
growth of industrial Ethernet in the water and wastewater industry during the
forecast period.
The
market for PROFINET protocol is expected to grow at the highest rate between
2016 and 2022
The market for PROFINET protocol is expected to grow
at the highest rate. PROFINET is an industry standard referred for industrial
Ethernet. PROFINET is designed for collecting and transferring data under tight
time constraints. PROFINET also offers a real-time solution and an isochronous
real-time (IRT) system. PROFINET is the most popular automation network
currently available. It assists automotive manufacturers in their production
operations by sending and transmitting data quickly through manufacturing
devices. With this technology, TCP/IP layers are bypassed, which allows the
system to be more deterministic, sending the data at a speed between 1ms and
10ms.
APAC
held the largest share of the industrial Ethernet market in 2015
APAC held the largest share of the Industrial Ethernet Market in 2015. One of the main reasons for the large share
of APAC in this market is the growing industrialization in this region. China is
the major market for industrial Ethernet in the APAC region.
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The companies that are
profiled in this report are Siemens AG (Germany), ABB Ltd. (Switzerland),
Rockwell Automation (U.S.), Schneider Electric (France), Beckhoff Automation (Germany),
Moxa Inc. (Taiwan),
Cisco Systems, Inc. (U.S.), B&R Automation (Austria), Belden Inc. (U.S.), and
Innovasic, Inc. (U.S.)Request More Details:
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