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Global Industrial Ethernet/IP Market - Analysis, Technologies & Forecasts to 2021 - Key Vendors are Beckhoff, HMS, Moxa, Rockwell Automation & RTADUBLIN, August 1, 2017 /PRNewswire/ -- The "Global Industrial Ethernet/IP Market 2017-2021" report has been added to Research and Markets' offering. The global industrial ethernet/IP market to grow at a CAGR of 16.51% during the period 2017-2021. The report, 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. One trend in the market is the increasing demand for automotive Ethernet. Automotive Ethernet is a physical network of wired connections used to connect all the components used inside a car. Basically, the electronics or the components being used inside the car are getting more complicated with the advancement in technology, implementation of sensors, automatic controls, and interfaces with higher bandwidth requirements. Further, the report states that one challenge in the market is growing popularity of wireless technology. Wireless technology includes WLAN (wireless local area network), Bluetooth as well as Wi-Fi, and is gaining popularity in the market, especially in the case of industries as it eliminates the need for cabling and reduces the cost to a good margin. Trends in wireless technology have witnessed a stable growth since 2015 and are expected to grow further during the forecast period owing to the flexibility of implementation. Wireless technology enables the experts to work with BYOD (bring your own device) solutions, be it a smartphone or a tablet, and are responsible for controlling machines at the manufacturing level. Key vendors
Other prominent vendors
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