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Industrial Ethernet Market Worth 59.20 Billion USD by 2022PUNE, India, November 29, 2016 /PRNewswire/ -- According to the new market research report "Industrial Ethernet Market by Offering (Hardware, Software, and Services), Protocol (EtherNet/IP, PROFINET, Modbus TCP, POWERLINK, CC-Link IE, EtherCAT, and Sercos III), End-User Industry, and Geography - Global Forecast to 2022", published by MarketsandMarkets, the market is expected to grow at a CAGR of 16.8% between 2016 and 2022, from USD 19.43 Billion in 2015 to USD 59.20 Billion by 2022. (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )
Early buyers will receive 10% customization on this report. The industrial Ethernet market has a huge potential across electronics and automotive applications. The major factor driving the industrial Ethernet market across the world is the rising demand for industrial automation and growing adoption of Industrial Revolution 4.0. The market for the water and wastewater industry is expected to grow at the highest rate between 2016 and 2022 The market for the water and wastewater industry is expected to grow at the highest rate between 2016 and 2022. Water level monitoring sensors, AC drives, and controllers are crucial components of a water treatment system and industrial Ethernet is used to integrate and communicate between these devices. All these factors are expected to boost the growth of industrial Ethernet in the water and wastewater industry during the forecast period. The market for PROFINET protocol is expected to grow at the highest rate between 2016 and 2022 The market for PROFINET protocol is expected to grow at the highest rate. PROFINET is an industry standard referred for industrial Ethernet. PROFINET is designed for collecting and transferring data under tight time constraints. PROFINET also offers a real-time solution and an isochronous real-time (IRT) system. PROFINET is the most popular automation network currently available. It asists automotive manufacturers in their production operations by sending and transmitting data quickly through manufacturing devices. With this technology, TCP/IP layers are bypassed, which allows the system to be more deterministic, sending the data at a speed between 1ms and 10ms. APAC held the largest share of the industrial Ethernet market in 2015 APAC held the largest share of the Industrial Ethernet Market in 2015. One of the main reasons for the large share of APAC in this market is the growing industrialization in this region. China is the major market for industrial Ethernet in the APAC region. The companies that are profiled in this report are Siemens AG (Germany), ABB Ltd. (Switzerland), Rockwell Automation (U.S.), Schneider Electric (France), Beckhoff Automation (Germany), Moxa Inc. (Taiwan), Cisco Systems, Inc. (U.S.), B&R Automation (Austria), Belden Inc. (U.S.), and Innovasic, Inc. (U.S.). Browse Related Reports U.S. Machine-to-Machine (M2M) Communications Market by Technology (Wired and Wireless), Industry Verticals (Healthcare, Utilities, Retail, Consumer Electronics, Automotive & Transportation, Security & Surveillance, and Others) - Forecast to 2020 Industrial IoT Market by Technology (Sensors, RFID, Industrial Robotics, 3D Printing, DCS, Condition Monitoring, Smart Meter, Autonomous Haulage System, Yield Monitors, Guidance & Steering, GPS/GNSS), Software, & Geography - Global Forecast to 2020 Subscribe Reports from Semiconductor Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp About MarketsandMarkets MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors 
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