The report forecasts the global industrial Ethernet market to grow at a CAGR of 15.03% during the period 2016-2020.
Increased use of Ethernet among machine and robot OEMs will be a major key trend for the market. Robot and machine OEMs are increasingly employing industrial networks to connect their controllers, distributed I/O, human machine interfaces (HMIs), instruments, and sensors to each other within a machine or a robot. Ethernet is becoming the network of choice for robots, machine OEMs, and end-users because of its ubiquity and better price/performance ratio over other communication networks.
According to the report, one of the key drivers for market growth will be growing implementation of IIoT. IoT is a network of physical devices embedded with sensors, software, and hardware that enable to gather and exchange the data without human intervention. We predict 50.2 billion devices to be connected to the Internet by 2020. Approximately 40% of these devices will be smart devices such as televisions, tablets, and smartphones. The remaining will be made up of devices that are not traditionally Internet-enabled.
Further, the report states that one of the challenges for the market will be emergence of wireless connectivity and WSNs in industrial automation and control.
- Beckhoff Automation
- Cisco Systems
- Rockwell Automation
- Schneider Electric
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by technology
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/wfcd4z/global_industrial