Industrial Ethernet Market to grow by USD 29.39 Bn, Increasing number of smart grid projects to boost market growth - Technavio

News provided by

Oct 03, 2022, 21:00 ET

NEW YORK., Oct. 3, 2022 /PRNewswire/ -- The Industrial Ethernet Market in the Industrial Machinery industry is expected to grow by USD 29.39 bn from 2020 to 2025. Technavio's latest market research report estimates that the industrial ethernet market will progress at a CAGR of 12.44%. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment.

Technavio has announced its latest market research report titled Global Industrial Ethernet Market 2021-2025

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market. Read Free Sample Report.

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

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
Siemens AG

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Buy Sample Report.

Industrial Ethernet Market Segmentation

Technology

Ethernet/IP
PROFINET
EtherCAT
Modbus TCP/IP
Others

Geography

APAC
North America
Europe
South America
MEA

The ethernet/IP segment's market share of industrial ethernet will expand significantly. The expansion of the Ethernet/IP market is being fueled by elements including high performance and flexibility, the increasing use of IIoT, and the continued expansion of Ethernet networks in process industries. EtherNet/IP will continue to gain popularity due to the penetration of Ethernet and Internet technologies into new applications as well as the general acceleration of connectivity.

North America will account for 37% of market growth. In North America, the US is the major market for industrial ethernet. This region's market will expand more quickly than those in other areas. The industrial ethernet market will increase in North America over the forecast period thanks to the rising IIoT usage. Download Free Sample Report.

Industrial Ethernet Market Key Highlights

CAGR of the market during the forecast period
Detailed information on factors that will assist industrial ethernet market growth during the next five years
Estimation of the industrial ethernet market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the industrial ethernet market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of industrial ethernet market vendors

Related Reports:
Automation Systems Market in Indonesia by Component and End-user - Forecast and Analysis 2022-2026: The automation systems market share in Indonesia is expected to increase by USD 1.24 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 9.98%.

Waste Heat Recovery Market by End-user and Geography - Forecast and Analysis 2022-2026: The waste heat recovery market share is expected to increase by USD 24.30 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.54%.

Industrial Ethernet Market Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Accelerate at a CAGR of 12.44%
Market growth 2021-2025	$29.39 billion
Market structure	Fragmented
YoY growth (%)	10.66
Regional analysis	APAC, North America, Europe, South America, and MEA
Performing market contribution	North America at 37%
Key consumer countries	US, China, Germany, UK, and Japan
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	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
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

Executive Summary

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by Technology

Market segments
Comparison by Technology
Ethernet/IP - Market size and forecast 2020-2025
PROFINET - Market size and forecast 2020-2025
EtherCAT - Market size and forecast 2020-2025
Modbus TCP/IP - Market size and forecast 2020-2025
Others - Market size and forecast 2020-2025
Market opportunity by Technology

Customer landscape

Customer landscape

Geographic Landscape

Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2020-2025
North America - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends

Vendor Landscape

Vendor landscape
Landscape disruption

Vendor Analysis

Vendors covered
Market positioning of vendors
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
Siemens AG

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Infiniti Research, Inc.