Industrial Ethernet Market to grow by USD 29.39 Bn, Increasing number of smart grid projects to boost market growth - Technavio

NEW YORK., Oct. 3, 2022 /PRNewswire/ -- The Industrial Ethernet Market in the Industrial Machinery industry is expected to grow by USD 29.39 bn from 2020 to 2025. Technavio's latest market research report estimates that the industrial ethernet market will progress at a CAGR of 12.44%. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment.

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market. Read Free Sample Report.

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• ABB Ltd.
• Analog Devices Inc.
• Belden Inc.
• Hitachi Ltd.
• Nexans SA
• Physik Instrumente (PI) GmbH and Co. KG
• Robert Bosch GmbH
• Rockwell Automation Inc.
• Schneider Electric SE
• Siemens AG

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Buy Sample Report.

Industrial Ethernet Market Segmentation

• Technology 
• Ethernet/IP
• PROFINET
• EtherCAT
• Modbus TCP/IP
• Others
• Geography 
• APAC
• North America
• Europe
• South America
• MEA

The ethernet/IP segment's market share of industrial ethernet will expand significantly. The expansion of the Ethernet/IP market is being fueled by elements including high performance and flexibility, the increasing use of IIoT, and the continued expansion of Ethernet networks in process industries. EtherNet/IP will continue to gain popularity due to the penetration of Ethernet and Internet technologies into new applications as well as the general acceleration of connectivity.

North America will account for 37% of market growth. In North America, the US is the major market for industrial ethernet. This region's market will expand more quickly than those in other areas. The industrial ethernet market will increase in North America over the forecast period thanks to the rising IIoT usage. Download Free Sample Report.

Industrial Ethernet Market Key Highlights

• CAGR of the market during the forecast period
• Detailed information on factors that will assist industrial ethernet market growth during the next five years
• Estimation of the industrial ethernet market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the industrial ethernet market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of industrial ethernet market vendors

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Waste Heat Recovery Market by End-user and Geography - Forecast and Analysis 2022-2026: The waste heat recovery market share is expected to increase by USD 24.30 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.54%.

Table of Contents

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Technology

• Market segments
• Comparison by Technology
• Ethernet/IP - Market size and forecast 2020-2025
• PROFINET - Market size and forecast 2020-2025
• EtherCAT - Market size and forecast 2020-2025
• Modbus TCP/IP - Market size and forecast 2020-2025
• Others - Market size and forecast 2020-2025
• Market opportunity by Technology

Customer landscape

• Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2020-2025
• North America - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• ABB Ltd.
• Analog Devices Inc.
• Belden Inc.
• Hitachi Ltd.
• Nexans SA
• Physik Instrumente (PI) GmbH and Co. KG
• Robert Bosch GmbH
• Rockwell Automation Inc.
• Schneider Electric SE
• Siemens AG

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us

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.

Contact

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Email: [email protected]
Website: www.technavio.com/

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