Market Research Report
Global Industrial Ethernet Market 2021-2025
|Global Industrial Ethernet Market 2021-2025|
Published: November 16, 2021
TechNavio (Infiniti Research Ltd.)
Content info: 120 Pages
Delivery time: 1-2 business days
Technavio has been monitoring the industrial Ethernet market and it is poised to grow by $ 29.39 bn during 2021-2025, progressing at a CAGR of 12.44% during the forecast period. Our report on the industrial Ethernet market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing number of smart grid projects and the replacement of Fieldbus with industrial Ethernet. In addition, the increasing number of smart grid projects is anticipated to boost the growth of the market as well.
The industrial Ethernet market analysis includes the technology segment and geographic landscape.
Technavio's industrial Ethernet market is segmented as below:
By Geographical Landscape
This study identifies the growing implementation of IIoTas one of the prime reasons driving the industrial ethernet market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on industrial ethernet market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial Ethernet market vendors that include ABB Ltd., Analog Devices Inc., Belden Inc., Hitachi Ltd., Nexans SA, Physik Instrumente (PI) GmbH and Co. KG, Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric SE, and Siemens AG. Also, the industrial Ethernet market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.