Industrial Ethernet/IP Market is Expected to Reach CAGR of 16.51% During 2017-2021

About Industrial Ethernet/IP

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.

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

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.

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

• Americas

• APAC

• EMEA

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.

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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

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