Market Scenario:
The global Industrial Ethernet Market is projected to register a CAGR of 11.2% for the years between 2020 and 2030. The market should be valued at USD 15.56 billion in 2030.
Anyone who uses the Internet agrees to use Ethernet since this is the standard by which entities and individuals users when communicate and interact with others online. The ethernet operates on a single network.
The ethernet surpasses any other network both in terms of global usage and popularity.
Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/4829
Competitive Outlook:
Beckhoff Automation GmbH & Co. KG (Germany), Cisco Systems, Inc. (US), Rockwell Automation, Inc. (US), Schneider Electric (France), Belden Inc. (US), ACS Motion Control (Israel), General Electric (US), ABB (Switzerland), Analog Devices, Inc (US), B&R (Austria), Moxa Inc. (Taiwan), OMRON Corporation (Japan), Eaton (Ireland), Bosch Rexroth AG (Germany), and Yokogawa Electric Corporation (Japan).
Segmentation:
By offering
This segment can be further grouped into:
- Hardware
- Software
The hardware sub-sector can be further grouped into:
- Switches
- Connectors
- Hubs
- Routers and gateway
- Communication interface
- Power supply devices
- Controllers and processors
- Others
By protocol
This segment can be further grouped into:
- CC-Link
- IE
- Powerlink
- EtherCAT
- IP/Ethernet
Market end-users
This segment can be further grouped into:
- Medical devices
- Energy
- Water
- Paper and pulp
- Automotive
- Transportation
- Aerospace
- Electronics
- Defense
- Oil and gas
- Food and beverages
- Mining
- Metals
- others
Regional Analysis:
The global industrial ethernet market can be grouped into the following regions:
North America
Asia-Pacific
The European Union
The Asia-Pacific region is expected to enjoy the largest market share and highest CAGR for the time period that this report covers. The reason for this is that most nations in this region are manufacturing hubs for major electronic devices. This is especially true of Japan, Taiwan, Hong Kong, Singapore, and South Korea.
That said, it’s increasingly becoming true for China and even India! Additionally, the concept of the smart factory is taking off in the nations in the Asia-Pacific region.
That said, the North American region enjoys a huge chunk of the industrial ethernet market. Also, this region is expected to register a high CAGR for the time period that this report covers. One of the key reasons for this is the fact that Canadians and Americans, for the most part, were among the first to adopt the technologies that industrial ethernet supported.
Another key reason is that many industries and companies in this region are fast movers in terms of adapting to and using the latest and innovative technologies. Industrial ethernet was no exception.
The European Union enjoys a sizeable and growing slice of the industrial ethernet market. The reason for this is that the prime consumers of industrial ethernet are growing rapidly in this region. These consumers include but are not exclusive to, the aerospace and defense and power and energy industries.
The European Union is also home to some of the world’s largest and most strategic automotive and pharma companies. These companies need to use industrial ethernet if they want to build a sustainable competitive advantage that will ensure that they remain financially viable in both the short and long run.
Industry news
Moxa is a major company in the industrial ethernet market. It was recently in the news because it launched new Ethernet switches with interesting and innovative new applications.
SICK recently launched an ethernet product that will make Chinese companies much more efficient.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/industrial-ethernet-market-4829
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
Continued…
**Similar Report**
Content Delivery Network Market
About Market Research Future:
Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client.
The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the “one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages & Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging & Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research.
Contact:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com