Global Industrial Ethernet/IP Market Booming At CAGR Of 16.51% Between 2017-2021

Latest industry research report on: Global Industrial Ethernet/IP Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts

Ethernet/IP is the most preferred Ethernet protocol for industrial automation, which supports the industrial connectivity, enabling fast decision making and cutting down on operating expenses. It is mainly used for high-level industrial systems and for adding many devices simultaneously to the network. The major components that are considered in the report are Ethernet switches, gateways, and routers.

Technavios analysts forecast the global industrial ethernet/IP market to grow at a CAGR of 16.51% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global industrial ethernet/IP market for 2017-2021. To calculate the market size, the report considers new installations, retrofit, replacement, and aftersales services.

The market is divided into the following segments based on geography:

  • Americas

  • APAC

  • EMEA

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Technavio’s report, Global Industrial Ethernet/IP Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Beckhoff

  • HMS

  • Moxa

  • Rockwell Automation

  • RTA

Other prominent vendors

  • Belden

  • CISCO

  • Huawei

  • Innovasic

  • Mitsubishi Electric

  • Molex

  • NetModule

  • UTTHUNGA

Market driver

Increased penetration of Ethernet networks in process industries

For a full, detailed list, view our report

Market challenge

Growing popularity of wireless technology

For a full, detailed list, view our report

Market trend

Increasing demand for automotive Ethernet

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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