Industrial Communication Market by Offering, Communication Protocol, End-Use Application & Geography - Global Forecast to 2022 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Industrial Communication Market - Global Forecast to 2022" report to their offering.

According to the new market research report on industrial communication, this market is expected to be worth USD 130.33 billion by 2022, growing at a CAGR of 12.36% between 2016 and 2022. The growth of the industrial communication market can be attributed to the increasing demand for industrial communication in electronics and automotive manufacturing applications.

The market for industrial communication technology is expected to grow because of the increased requirements for sharing information database, enhancing energy efficiency, increasing safety, and reducing downtime. The growing adoption of IIoT plays a significant role in the growth of the industrial communication market. The growing machine-to-machine communication is also driving the growth of the industrial communication market. However, the adoption of different standards by different equipment manufacturers hinders the data collection and information generating process for the industrial communication market.

The market in APAC is expected to grow at a high CAGR between 2016 and 2022. The major reason for the growth of the industrial communication market in APAC is that it is one of the largest producers of consumer electronics in the world, which is boosting the use of advanced automation in these industries which, in turn, uses industrial communication systems. APAC is also the major automotive production hub in the world, which boosts the market for industrial communication in automotive manufacturing applications.

Companies Mentioned:

  • ABB Ltd
  • Advantech Co., Ltd.
  • General Electric
  • Infineon Technologies AG
  • National Instruments
  • Rockwell Automation, Inc.
  • Schneider Electric Se
  • Siemens AG
  • TE Connectivity Ltd
  • Texas Instruments Incorporated

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Industrial Communication Market, By Offering

8 Industrial Communication Market, By Communication Protocol

9 Market, By End-Use Application

10 Geographic Analysis

11 Competitive Landscape

12 Company Profile

13 Appendix

For more information about this report visit http://www.researchandmarkets.com/research/vm9w9s/industrial

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
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Related Topics: Industrial Automation

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Industrial Automation