The Global Industrial Ethernet Market is Estimated to Reach USD 15.3 Bn

 
NEW YORK - July 23, 2021 - PRLog -- According to a new report Global Industrial Ethernet Market, published by KBV research, The Global Industrial Ethernet Market size is expected to reach $15.3 billion by 2027, rising at a market growth of 7.2% CAGR during the forecast period.

The software segment would exhibit a considerable growth rate during the forecast period. Using Industrial Ethernet, it becomes possible to facilitate network management through the observation of industrial Ethernet software consisting of different nodes. Many devices can be configured at the same time with the help of these solutions. Industrial Ethernet diagnostic software solutions allow effective topology recognition and support various devices like routers, switches/hubs, WLAN devices, and other end devices.

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Siemens AG, Rockwell Automation, Inc., Cisco Systems, Inc., Omron Corporation, Sick AG, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Schneider Electric SE, IFM Electronics GmbH, ABB Group, and Belden, Inc.

Global Industrial Ethernet Market Segmentation

By Offering
  • Hardware
  • Software
  • Services

By Protocol
  • EtherNet/IP
  • EtherCAT
  • PROFINET
  • POWERLINK
  • Others

By Industry
  • Automotive & Transportation
  • Electrical & Electronics
  • Pharmaceutical & Medical Devices
  • Aerospace & Defense
  • Energy & Power
  • Oil & Gas
  • Food & Beverages
  • Others

By Geography

North America
  • US
  • Canada
  • Mexico
  • Rest of North America

Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled
  • Siemens AG
  • Rockwell Automation, Inc.
  • Cisco Systems, Inc.
  • Omron Corporation
  • Sick AG
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • Schneider Electric SE
  • IFM Electronics GmbH
  • ABB Group
  • Belden, Inc.

Full Report: https://www.kbvresearch.com/industrial-ethernet-market/

Contact
KBV Research
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+1 (646) 661-6066
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