PUBLISHER: TechNavio | PRODUCT CODE: 1915615
PUBLISHER: TechNavio | PRODUCT CODE: 1915615
Global Rs232, Rs422, Rs485 Drives Market 2025-2029
The global rs232, rs422, rs485 drives market is forecasted to grow by USD 364.8 mn during 2024-2029, accelerating at a CAGR of 5.7% during the forecast period. The report on the global rs232, rs422, rs485 drives 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by continued integration within industrial automation , enduring requirement for robust, cost-effective communication in harsh and demanding environments, sustained demand from niche and specialized applications requiring simple, low-data-rate connectivity.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 5.6% |
| CAGR | 5.7% |
| Incremental Value | $364.8 mn |
Technavio's global rs232, rs422, rs485 drives market is segmented as below:
By Type
- RS-485 drives
- RS-232 drives
- Multi protocol drives
- RS-422 drives
By Application
- Industrial automation and process control
- Building automation
- Utilities and energy
- Transportation
- Others
By Product
- Multi drop
- Point to point
- Half duplex
- Full duplex
Geography
- APAC
- China
- Japan
- India
- South Korea
- Australia
- North America
- US
- Canada
- Europe
- Germany
- UK
- France
- Middle East and Africa
- UAE
- South America
- Brazil
- Argentina
- Rest of World (ROW)
This study identifies the strategic integration with iiot and edge computing for legacy system modernization as one of the prime reasons driving the global rs232, rs422, rs485 drives market growth during the next few years. Also, proliferation in distributed and environmentally demanding niche applications and accelerated miniaturization and enhanced on-chip functional integration will lead to sizable demand in the market.
The report on the global rs232, rs422, rs485 drives market covers the following areas:
- Global rs232, rs422, rs485 drives market sizing
- Global rs232, rs422, rs485 drives market forecast
- Global rs232, rs422, rs485 drives market industry analysis
The 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 global rs232, rs422, rs485 drives market vendors that include ABB Ltd., Danfoss AS, Delta Electronics Inc., Fuji Electric Co. Ltd., Hamilton Co., Mitsubishi Electric Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Yaskawa Electric Corp.. Also, the global rs232, rs422, rs485 drives 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 publisher 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 primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- 2.3 Factors of disruption
- 2.4 Impact of drivers and challenges
3 Market Landscape
- 3.1 Market ecosystem
- 3.2 Market characteristics
- 3.3 Value chain analysis
4 Market Sizing
- 4.1 Market definition
- 4.2 Market segment analysis
- Market segments
- 4.3 Market size 2024
- 4.4 Market outlook: Forecast for 2024-2029
5 Historic Market Size
- 5.1 Global RS232, RS422, RS485 Drives Market 2019 - 2023
- Historic Market Size - Data Table on Global RS232, RS422, RS485 Drives Market 2019 - 2023 ($ million)
- 5.2 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ million)
- 5.3 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ million)
- 5.4 Product segment analysis 2019 - 2023
- Historic Market Size - Product Segment 2019 - 2023 ($ million)
- 5.5 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)
- 5.6 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Five Forces Analysis
- 6.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 6.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 6.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 6.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 6.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 6.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 6.7 Market condition
7 Market Segmentation by Type
- 7.1 Market segments
- 7.2 Comparison by Type
- 7.3 RS-485 drives - Market size and forecast 2024-2029
- 7.4 RS-232 drives - Market size and forecast 2024-2029
- 7.5 Multi protocol drives - Market size and forecast 2024-2029
- 7.6 RS-422 drives - Market size and forecast 2024-2029
- 7.7 Market opportunity by Type
- Market opportunity by Type ($ million)
8 Market Segmentation by Application
- 8.1 Market segments
- 8.2 Comparison by Application
- 8.3 Industrial automation and process control - Market size and forecast 2024-2029
- 8.4 Building automation - Market size and forecast 2024-2029
- 8.5 Utilities and energy - Market size and forecast 2024-2029
- 8.6 Transportation - Market size and forecast 2024-2029
- 8.7 Others - Market size and forecast 2024-2029
- 8.8 Market opportunity by Application
- Market opportunity by Application ($ million)
9 Market Segmentation by Product
- 9.1 Market segments
- 9.2 Comparison by Product
- 9.3 Multi drop - Market size and forecast 2024-2029
- 9.4 Point to point - Market size and forecast 2024-2029
- 9.5 Half duplex - Market size and forecast 2024-2029
- 9.6 Full duplex - Market size and forecast 2024-2029
- 9.7 Market opportunity by Product
- Market opportunity by Product ($ million)
10 Customer Landscape
- 10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape
- 11.1 Geographic segmentation
- 11.2 Geographic comparison
- 11.3 APAC - Market size and forecast 2024-2029
- 11.3.1 China - Market size and forecast 2024-2029
- 11.3.2 Japan - Market size and forecast 2024-2029
- 11.3.3 India - Market size and forecast 2024-2029
- 11.3.4 South Korea - Market size and forecast 2024-2029
- 11.3.5 Australia - Market size and forecast 2024-2029
- 11.4 North America - Market size and forecast 2024-2029
- 11.4.1 US - Market size and forecast 2024-2029
- 11.4.2 Canada - Market size and forecast 2024-2029
- 11.5 Europe - Market size and forecast 2024-2029
- 11.5.1 Germany - Market size and forecast 2024-2029
- 11.5.2 UK - Market size and forecast 2024-2029
- 11.5.3 France - Market size and forecast 2024-2029
- 11.6 Middle East and Africa - Market size and forecast 2024-2029
- 11.6.1 Saudi Arabia - Market size and forecast 2024-2029
- 11.6.2 UAE - Market size and forecast 2024-2029
- 11.7 South America - Market size and forecast 2024-2029
- 11.7.1 Brazil - Market size and forecast 2024-2029
- 11.7.2 Argentina - Market size and forecast 2024-2029
- 11.8 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
12 Drivers, Challenges, and Opportunity
- 12.1 Market drivers
- Continued Integration within Industrial Automation
- Enduring Requirement for robust, cost-effective communication in harsh and demanding environments
- Sustained demand from niche and specialized applications requiring simple, low-data-rate connectivity
- 12.2 Market challenges
- Increasing encroachment from industrial ethernet protocols
- Inherent technical limitations and increasing integration complexity
- Proliferation of low-power and flexible wireless communication technologies
- 12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 12.4 Market opportunities
- Strategic integration with IIoT and edge computing for legacy system modernization
- Proliferation in distributed and environmentally demanding niche applications
- Accelerated miniaturization and enhanced on-chip functional integration
13 Competitive Landscape
- 13.1 Overview
- 13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 13.3 Landscape disruption
- Overview on factors of disruption
- 13.4 Industry risks
- Impact of key risks on business
14 Competitive Analysis
- 14.1 Companies profiled
- Companies covered
- 14.2 Company ranking index
- Company ranking index
- 14.3 Market positioning of companies
- Matrix on companies position and classification
- 14.4 ABB Ltd.
- ABB Ltd. - Overview
- ABB Ltd. - Business segments
- ABB Ltd. - Key news
- ABB Ltd. - Key offerings
- ABB Ltd. - Segment focus
- SWOT
- 14.5 Danfoss AS
- Danfoss AS - Overview
- Danfoss AS - Product / Service
- Danfoss AS - Key offerings
- SWOT
- 14.6 Delta Electronics Inc.
- Delta Electronics Inc. - Overview
- Delta Electronics Inc. - Business segments
- Delta Electronics Inc. - Key news
- Delta Electronics Inc. - Key offerings
- Delta Electronics Inc. - Segment focus
- SWOT
- 14.7 Fuji Electric Co. Ltd.
- Fuji Electric Co. Ltd. - Overview
- Fuji Electric Co. Ltd. - Business segments
- Fuji Electric Co. Ltd. - Key news
- Fuji Electric Co. Ltd. - Key offerings
- Fuji Electric Co. Ltd. - Segment focus
- SWOT
- 14.8 Hamilton Co.
- Hamilton Co. - Overview
- Hamilton Co. - Product / Service
- Hamilton Co. - Key offerings
- SWOT
- 14.9 Mitsubishi Electric Corp.
- Mitsubishi Electric Corp. - Overview
- Mitsubishi Electric Corp. - Business segments
- Mitsubishi Electric Corp. - Key offerings
- Mitsubishi Electric Corp. - Segment focus
- SWOT
- 14.10 Rockwell Automation Inc.
- Rockwell Automation Inc. - Overview
- Rockwell Automation Inc. - Business segments
- Rockwell Automation Inc. - Key news
- Rockwell Automation Inc. - Key offerings
- Rockwell Automation Inc. - Segment focus
- SWOT
- 14.11 Schneider Electric SE
- Schneider Electric SE - Overview
- Schneider Electric SE - Business segments
- Schneider Electric SE - Key news
- Schneider Electric SE - Key offerings
- Schneider Electric SE - Segment focus
- SWOT
- 14.12 Siemens AG
- Siemens AG - Overview
- Siemens AG - Business segments
- Siemens AG - Key news
- Siemens AG - Key offerings
- Siemens AG - Segment focus
- SWOT
- 14.13 Yaskawa Electric Corp.
- Yaskawa Electric Corp. - Overview
- Yaskawa Electric Corp. - Product / Service
- Yaskawa Electric Corp. - Key news
- Yaskawa Electric Corp. - Key offerings
- SWOT
15 Appendix
- 15.1 Scope of the report
- Market definition
- Objectives
- Notes and caveats
- 15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 15.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 15.4 Research methodology
- Research methodology
- 15.5 Data procurement
- Information sources
- 15.6 Data validation
- Data validation
- 15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 15.8 Data synthesis
- Data synthesis
- 15.9 360 degree market analysis
- 360 degree market analysis
- 15.10 List of abbreviations
- List of abbreviations
