Industrial Ethernet Cables Market to Record 1.17 Bn growth between 2021 and 2025 | Technavio
NEW YORK, Oct. 13, 2021 /PRNewswire/ --
Technavio's latest research report on the Industrial Ethernet Cables Market offers insights on new product launches, the latest trends, and their impact on businesses.
The industrial ethernet cables market is set to grow by USD 1.17 billion during 2021-2025, accelerating at a CAGR of over 16%.
Factors such as the growing benefits of industrial ethernet and the replacement of Fieldbus with industrial ethernet will be crucial in driving the growth of the market. But the growing preference for wireless communication will restrict the market growth.
The rising popularity of ethernet among machine and robot OEMs is expected to offer significant growth opportunities for market players. On the other hand, the threat of cyberattacks will be hindering their growth.
The industrial ethernet cables market report provides complete insights on key vendors including Alpha Wire Inc., Anixter International Inc., Belden Inc., HELUKABEL Romania Srl, Hitachi Ltd., Murrelektronik GmbH, Nexans SA, Prysmian Spa, Rockwell Automation Inc., and Siemens AG.
The industrial ethernet cables market report includes the competitive analysis, which analyzes and evaluates the position of companies based on their industry position score and market performance score. Some of the factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Global Industrial Communication Gateways Market - Global industrial communication gateways market is segmented by end-user (process industry and discrete industry) and geography (North America, APAC, Europe, South America, and MEA).
Fieldbus Solutions Market for Process Industry in US - Fieldbus solutions market for process industry in US is segmented by end-user (oil and gas industry, chemical and petrochemical industry, power industry, metal and mining industry, and others), protocol (PROFIBUS, modbus, DeviceNet, AS-i, and SERCOS), and solution (hardware, software, and services).
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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