출판 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2023년01월
산업용 이더넷(Industrial Ethernet) 시장 : 제품 (하드웨어, 소프트웨어, 서비스), 프로토콜 (PROFINET, EtherNet / IP), 최종 사용 산업 (자동차 및 운송, 전기 및 전자 장비), 지역별 – 불황 영향 분석 및 2028년까지의 세계 예측
Industrial Ethernet Market with Recession Impact Analysis by Offering (Hardware, Software, Services), Protocol (PROFINET, EtherNet/IP), End-use Industry (Automotive & Transportation, Electrical & Electronics) and Region- Global Forecast to 2028
| 페이지수 | 204 |
| 도표수 | 194 |
| 구성 | 영문조사보고서 |
| 가격 |
The industrial ethernet market is projected to grow from USD 11.0 billion in 2023 to USD 15.8 billion by 2028; it is expected to register a CAGR of 7.5% during the forecast period.
Services in offering segment to register the highest CAGR of industrial ethernet market during the forecast period
Service providers provide customized network design and other related services, such as long-term maintenance contracts of installations, to cater to clients with specific requirements. They also provide remote support services for networks and can solve or manage network problems remotely.
산업용 이더넷 시장은 2023년 110억 달러에서 2028년 158억 달러로 성장할 것으로 보며, 예측 기간 동안 7.5%의 CAGR을 기록할 것으로 예상됩니다.
예측 기간 동안 산업용 이더넷 시장의 가장 높은 CAGR을 등록하기 위해 세그먼트를 제공하는 서비스 업체는 특정 요구 사항이 있는 클라이언트를 충족시키기 위해 맞춤형 네트워크 설계 및 설치 장기 유지 관리 계약과 같은 기타 관련 서비스를 제공합니다. 또한 네트워크에 대한 원격 지원 서비스를 제공하고 네트워크 문제를 원격으로 해결하거나 관리할 수 있습니다.
Companies such as Siemens AG (Germany) and General Electric (US) provide a separate services portfolio for this market.
“POWERLINK to grow with significant CAGR during the forecast period.”
Ethernet POWERLINK is a real-time protocol for standard Ethernet. POWERLINK was initially developed by B&R (Austria). Ethernet POWERLINK is implemented on top of IEEE 802.3 and, therefore, allows a free selection of network topology and to cross-connect between different topologies. It uses a polling and time-slicing mechanism for real-time data exchange. A POWERLINK master or managed node controls the time synchronization through packet jitter in the range of tens of nanoseconds. Such a system is suitable for all kinds of automation systems ranging from PLC-to-PLC communication and visualization down to motion and I/O control. Barriers to implementing POWERLINK are quite low due to the availability of open-source stack software. In addition, CANopen is part of the standard that allows for easy system upgrades from previous Fieldbus protocols.
Siemens (Germany), Rockwell Automation (US), Cisco Systems (US), Belden (US), Omron (Japan), Moxa (Taiwan), Huawei Technologies (Sweden), SICK (Germany), Schneider Electric (France), and ABB (Switzerland) are the key players in the industrial ethernet market. These top players have strong portfolios of products and services and presence in both mature and emerging markets.
Research Coverage
The report defines, describes, and forecasts the industrial ethernet market based on offering, protocol, end-use vertical, and geography. It provides detailed information regarding factors such as drivers, restraints, opportunities, and challenges influencing the growth of the industrial ethernet market. It also analyzes competitive developments such as product launches, acquisitions, expansions, contracts, partnerships, and developments carried out by the key players to grow in the market.
Reasons to Buy this Report
The report will help leaders/new entrants in the industrial ethernet market in the following ways:
1. The report comprehensively segments the industrial ethernet market and provides the closest market size estimation for all subsegments across regions.
2. The report will help stakeholders understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities pertaining to the industrial ethernet market.
3. The report will help stakeholders understand their competitors better and gain insights to improve their position in the industrial ethernet market. The competitive landscape section describes the competitor ecosystem.
목차
1 INTRODUCTION 20
1.1 STUDY OBJECTIVES 20
1.2 MARKET DEFINITION 20
1.3 INCLUSIONS AND EXCLUSIONS 21
1.4 STUDY SCOPE 21
1.4.1 MARKETS COVERED 21
FIGURE 1 INDUSTRIAL ETHERNET MARKET SEGMENTATION 21
1.4.2 REGIONAL SCOPE 22
1.4.3 YEARS CONSIDERED 22
1.5 CURRENCY CONSIDERED 22
1.6 LIMITATIONS 23
1.7 STAKEHOLDERS 23
1.8 SUMMARY OF CHANGES 23
2 RESEARCH METHODOLOGY 24
2.1 RESEARCH DATA 24
FIGURE 2 PROCESS FLOW: INDUSTRIAL ETHERNET MARKET SIZE ESTIMATION 24
FIGURE 3 INDUSTRIAL ETHERNET MARKET: RESEARCH DESIGN 25
2.1.1 SECONDARY AND PRIMARY RESEARCH 26
2.1.2 SECONDARY DATA 26
2.1.2.1 Secondary sources 27
2.1.2.2 List of key secondary sources 27
2.1.3 PRIMARY DATA 27
2.1.3.1 Primary sources 28
2.1.3.2 Key industry insights 28
2.1.3.3 Primary interviews with experts 29
2.1.3.4 List of key primary respondents 29
2.1.3.5 Breakdown of primaries 29
2.2 MARKET SIZE ESTIMATION 30
2.2.1 BOTTOM-UP APPROACH 30
2.2.1.1 Demand-side analysis 30
FIGURE 4 INDUSTRIAL ETHERNET MARKET: BOTTOM-UP APPROACH 30
2.2.2 TOP-DOWN APPROACH 31
2.2.2.1 Approach for deriving market size by top-down analysis 31
FIGURE 5 INDUSTRIAL ETHERNET MARKET: TOP-DOWN APPROACH 31
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 32
FIGURE 6 DATA TRIANGULATION 32
2.4 RESEARCH ASSUMPTIONS 33
2.5 RISK ASSESSMENT 33
TABLE 1 ANALYSIS OF RISK FACTORS 33
3 EXECUTIVE SUMMARY 34
3.1 INDUSTRIAL ETHERNET MARKET: RECESSION IMPACT 35
FIGURE 7 RECESSION IMPACT: GDP GROWTH PROJECTION TILL 2023 FOR MAJOR ECONOMIES 35
FIGURE 8 RECESSION IMPACT ON INDUSTRIAL ETHERNET MARKET, 2018–2028 (USD MILLION) 36
FIGURE 9 BY OFFERING, HARDWARE SEGMENT TO HOLD SECOND-LARGEST MARKET SHARE FROM 2023 TO 2028 36
FIGURE 10 BY PROTOCOL, ETHERNET/IP SEGMENT TO LEAD MARKET FROM 2023 TO 2028 37
FIGURE 11 BY END-USE INDUSTRY, WATER & WASTEWATER SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 38
FIGURE 12 ASIA PACIFIC ACCOUNTED FOR LARGEST MARKET SHARE IN 2022 39
4 PREMIUM INSIGHTS 40
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN INDUSTRIAL ETHERNET MARKET 40
FIGURE 13 GROWING NEED FOR SCALABLE, FAST, RELIABLE, AND INTEROPERABLE COMMUNICATION PROTOCOLS TO BOOST MARKET GROWTH 40
4.2 INDUSTRIAL ETHERNET MARKET, BY OFFERING 41
FIGURE 14 SERVICES SEGMENT TO REGISTER HIGHEST CAGE FROM 2023 TO 2028 41
4.3 INDUSTRIAL ETHERNET MARKET, BY PROTOCOL 41
FIGURE 15 ETHERNET/IP PROTOCOL SEGMENT TO LEAD MARKET FROM 2023 TO 2028 41
4.4 INDUSTRIAL ETHERNET MARKET, BY END-USE INDUSTRY 42
FIGURE 16 ELECTRICAL & ELECTRONICS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE BY 2028 42
4.5 REGIONAL SNAPSHOT OF INDUSTRIAL ETHERNET MARKET 43
FIGURE 17 INDUSTRIAL ETHERNET MARKET IN CHINA TO REGISTER HIGHEST CAGR FROM 2023 TO 2028 43
5 MARKET OVERVIEW 44
5.1 INTRODUCTION 44
5.2 MARKET DYNAMICS 44
FIGURE 18 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES FOR INDUSTRIAL ETHERNET MARKET 44
5.2.1 DRIVERS 45
5.2.1.1 Growing need for scalable, fast, reliable, and interoperable communication protocols 45
5.2.1.2 Increasing initiatives by governments of developing countries to promote adoption of industrial automation 45
FIGURE 19 ANNUAL INSTALLATION OF INDUSTRIAL ROBOTS, BY CONTINENTS, 2021 (THOUSAND UNITS) 46
5.2.1.3 Growing popularity of smart automobiles 46
FIGURE 20 IMPACT ANALYSIS OF DRIVERS ON INDUSTRIAL ETHERNET MARKET 47
5.2.2 RESTRAINTS 47
5.2.2.1 Absence of standardization in industrial communication protocols and interfaces 47
FIGURE 21 IMPACT ANALYSIS OF RESTRAINTS ON INDUSTRIAL ETHERNET MARKET 48
5.2.3 OPPORTUNITIES 48
5.2.3.1 Emergence of 5G 48
FIGURE 22 IMPACT ANALYSIS OF OPPORTUNITIES ON INDUSTRIAL ETHERNET MARKET 48
5.2.4 CHALLENGES 49
5.2.4.1 Cybersecurity threats 49
5.2.4.2 Harsh field site conditions—high-voltage transients, severe shocks and vibrations, and extremely high temperatures 49
FIGURE 23 IMPACT ANALYSIS OF CHALLENGES ON INDUSTRIAL ETHERNET MARKET 50
5.3 VALUE CHAIN ANALYSIS 50
FIGURE 24 VALUE CHAIN ANALYSIS OF INDUSTRIAL ETHERNET MARKET 50
5.4 KEY STAGES IN INDUSTRIAL ETHERNET VALUE CHAIN 51
5.4.1 RESEARCH AND DEVELOPMENT 51
5.4.2 COMPONENT MANUFACTURING 51
5.4.3 SYSTEM INTEGRATION 51
5.4.4 MARKETING AND SALES 51
5.4.5 POST-SALES SERVICES 51
5.5 USE CASES ANALYSIS 52
5.5.1 EDGE SOLUTIONS OF ADVANTECH TO ENABLE REAL-TIME OIL TANKER MONITORING 52
5.5.2 PULP MOLDING EQUIPMENT MANUFACTURER IMPLEMENTED ROCKWELL AUTOMATION’S SOLUTIONS 52
5.5.3 OSSID IMPROVES MACHINERY RELIABILITY AND PERFORMANCE USING MITSUBISHI ELECTRIC’S AUTOMATION PORTFOLIO 52
5.6 TARIFF REGULATORY BODIES 53
5.6.1 ETHERCAT TECHNOLOGY GROUP (ETG) 53
5.6.2 INTERNATIONAL ELECTROTECHNICAL COMMISSION (IEC) 53
5.6.3 IEEE 53
5.6.4 INTERNATIONAL ORGANIZATION FOR STANDARDIZATION (ISO) 53
5.6.5 PROFIBUS USER ORGANIZATION (PNO) 53
5.6.6 IEEE 802.3CG 53
5.6.6.1 10BASE – t1s 54
5.6.6.2 10base – t1l 55
5.6.7 ADVANTECH PROVIDED WISE-PAAS END-TO-CLOUD IOT TOTAL SOLUTION FOR REMOTE VIDEO SURVEILLANCE AND DEVICE STATUS MONITORING AND CONTROL FOR AUTOMOTIVE INSPECTION CENTER 56
5.6.8 OPTIMA CONTROL SOLUTIONS (UK) AND ROCKWELL AUTOMATION (US) PROVIDED AUTOMATED MONITORING SOLUTION TO BISCUIT MANUFACTURER 56
5.6.9 ADVANTECH (TAIWAN) PROVIDED PLANT MONITORING SOLUTION FOR WIND POWER PLANT 56
6 INDUSTRIAL ETHERNET MARKET, BY OFFERING 57
6.1 INTRODUCTION 58
FIGURE 25 INDUSTRIAL ETHERNET MARKET, BY OFFERING 58
FIGURE 26 SERVICES SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 59
TABLE 2 INDUSTRIAL ETHERNET MARKET, BY OFFERING, 2018–2022 (USD MILLION) 59
TABLE 3 INDUSTRIAL ETHERNET MARKET, BY OFFERING, 2023–2028 (USD MILLION) 59
6.2 HARDWARE 60
TABLE 4 INDUSTRIAL ETHERNET MARKET, BY HARDWARE, 2018–2022 (USD MILLION) 60
TABLE 5 INDUSTRIAL ETHERNET MARKET, BY HARDWARE, 2023–2028 (USD MILLION) 60
TABLE 6 INDUSTRIAL ETHERNET MARKET, BY HARDWARE, 2018–2022(THOUSAND UNITS) 61
TABLE 7 INDUSTRIAL ETHERNET MARKET, BY HARDWARE, 2023–2028 (THOUSAND UNITS) 61
6.2.1 SWITCHES 61
6.2.1.1 Switches provide high security and durability in mission-critical environments 61
6.2.2 GATEWAYS 62
6.2.2.1 Gateways help in data transfer between sensor nodes and other configured devices using different protocols 62
6.2.3 ROUTERS 62
6.2.3.1 Routers help transfer information from one network to another 62
6.2.4 CONTROLLERS AND CONNECTORS 62
6.2.4.1 Controllers help decide priority of event processing to ensure proper functioning of overall system 62
6.2.5 COMMUNICATION INTERFACES AND CONVERTERS 63
6.2.5.1 Converters facilitate connection between two dissimilar media types 63
6.2.6 POWER SUPPLY DEVICES 63
6.2.6.1 Power management integrated circuits (PMICs) provide high level of performance and integration solutions for various industrial communication applications 63
6.2.7 OTHERS 63
6.3 SOFTWARE 64
6.3.1 NETWORKING MANAGEMENT SOFTWARE OPTIMIZES NETWORK EFFICIENCY AND MINIMIZES TOTAL COST OF OWNERSHIP 64
6.4 SERVICES 64
6.4.1 INDUSTRIAL COMMUNICATION SERVICES MAINLY INCLUDE INSTALLATION, NETWORK SECURITY, AND NETWORK MONITORING SERVICES 64
7 INDUSTRIAL ETHERNET MARKET, BY PROTOCOL 65
7.1 INTRODUCTION 66
FIGURE 27 INDUSTRIAL ETHERNET MARKET, BY PROTOCOL 66
FIGURE 28 ETHERCAT SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 66
TABLE 8 INDUSTRIAL ETHERNET MARKET, BY PROTOCOL, 2018–2022 (USD MILLION) 67
TABLE 9 INDUSTRIAL ETHERNET MARKET, BY PROTOCOL, 2023–2028 (USD MILLION) 67
7.2 PROFINET 68
7.2.1 PROFINET SUPPLEMENTS EXISTING PROFIBUS TECHNOLOGIES BY PROVIDING FAST DATA COMMUNICATION 68
7.3 ETHERNET/IP 68
7.3.1 ETHERNET/IP WIDELY USED IN HYBRID AND PROCESS INDUSTRIES 68
7.4 ETHERCAT 69
7.4.1 ETHERCAT SPECIFICALLY DESIGNED FOR FAST CONTROL DEMAND APPLICATIONS 69
7.5 MODBUS-TCP 69
7.5.1 MODBUS-TCP OFFERS HIGH LEVEL OF INTEROPERABILITY FOR INDUSTRIAL COMMUNICATION NETWORK DEVICES 69
7.6 POWERLINK 69
7.6.1 ETHERNET POWERLINK ENABLES TRANSFER OF TIME-CRITICAL DATA IN SHORT DURATION 69
7.7 SERCOS III 70
7.7.1 SERCOS III SUITABLE FOR COMMUNICATIONS IN PROCESS INDUSTRIES AS IT ENSURES LOW LATENCY IN DATA TRANSFER 70
7.8 CC-LINK IE 70
7.8.1 CC-LINK IE SUPPORTS FLEXIBLE WIRING TOPOLOGIES, SUCH AS STAR, RING, AND LINE CONFIGURATION 70
8 INDUSTRIAL ETHERNET MARKET, BY END-USE INDUSTRY 71
8.1 INTRODUCTION 72
FIGURE 29 INDUSTRIAL ETHERNET MARKET, BY END-USE INDUSTRY 72
FIGURE 30 WATER & WASTEWATER SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 73
TABLE 10 INDUSTRIAL ETHERNET MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 74
TABLE 11 INDUSTRIAL ETHERNET MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 74
8.2 AUTOMOTIVE & TRANSPORTATION 75
8.2.1 INCREASING IMPLEMENTATION OF SMART MANUFACTURING TECHNOLOGIES IN AUTOMOBILE MANUFACTURING PLANTS TO BOOST ADOPTION OF INDUSTRIAL ETHERNET 75
TABLE 12 INDUSTRIAL ETHERNET MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY REGION, 2018–2022 (USD MILLION) 76
TABLE 13 INDUSTRIAL ETHERNET MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY REGION, 2023–2028 (USD MILLION) 76
TABLE 14 INDUSTRIAL ETHERNET MARKET FOR AUTOMOTIVE & TRANSPORTATION IN NORTH AMERICA, BY COUNTRY, 2018–2022 (USD MILLION) 76
TABLE 15 INDUSTRIAL ETHERNET MARKET FOR AUTOMOTIVE & TRANSPORTATION IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION) 77
TABLE 16 INDUSTRIAL ETHERNET MARKET FOR AUTOMOTIVE & TRANSPORTATION IN EUROPE, BY COUNTRY, 2018–2022 (USD MILLION) 77
TABLE 17 INDUSTRIAL ETHERNET MARKET FOR AUTOMOTIVE & TRANSPORTATION IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION) 77
TABLE 18 INDUSTRIAL ETHERNET MARKET FOR AUTOMOTIVE & TRANSPORTATION IN ASIA PACIFIC, BY COUNTRY, 2018–2022 (USD MILLION) 78
TABLE 19 INDUSTRIAL ETHERNET MARKET FOR AUTOMOTIVE & TRANSPORTATION IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION) 78
TABLE 20 INDUSTRIAL ETHERNET MARKET FOR AUTOMOTIVE & TRANSPORTATION IN ROW, BY REGION, 2018–2022 (USD MILLION) 78
TABLE 21 INDUSTRIAL ETHERNET MARKET FOR AUTOMOTIVE & TRANSPORTATION IN ROW, BY REGION, 2023–2028 (USD MILLION) 79
8.3 ELECTRICAL & ELECTRONICS 79
8.3.1 INCREASING DEMAND FOR INDUSTRIAL ETHERNET SOLUTIONS IN ELECTRICAL & ELECTRONICS INDUSTRY TO MINIMIZE DOWNTIME, RUN OPERATIONS AT FULL SPEED, AND INCREASE PRODUCTIVITY 79
TABLE 22 INDUSTRIAL ETHERNET MARKET FOR ELECTRICAL & ELECTRONICS, BY REGION, 2018–2022 (USD MILLION) 80
TABLE 23 INDUSTRIAL ETHERNET MARKET FOR ELECTRICAL & ELECTRONICS, BY REGION, 2023–2028 (USD MILLION) 80
TABLE 24 INDUSTRIAL ETHERNET MARKET FOR ELECTRICAL & ELECTRONICS IN NORTH AMERICA, BY COUNTRY, 2018–2022 (USD MILLION) 80
TABLE 25 INDUSTRIAL ETHERNET MARKET FOR ELECTRICAL & ELECTRONICS IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION) 81
TABLE 26 INDUSTRIAL ETHERNET MARKET FOR ELECTRICAL & ELECTRONICS IN EUROPE, BY COUNTRY, 2018–2022 (USD MILLION) 81
TABLE 27 INDUSTRIAL ETHERNET MARKET FOR ELECTRICAL & ELECTRONICS IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION) 81
TABLE 28 INDUSTRIAL ETHERNET MARKET FOR ELECTRICAL & ELECTRONICS IN ASIA PACIFIC, BY COUNTRY, 2018–2022 (USD MILLION) 82
TABLE 29 INDUSTRIAL ETHERNET MARKET FOR ELECTRICAL & ELECTRONICS IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION) 82
TABLE 30 INDUSTRIAL ETHERNET MARKET FOR ELECTRICAL & ELECTRONICS IN ROW, BY REGION, 2018–2022 (USD MILLION) 82
TABLE 31 INDUSTRIAL ETHERNET MARKET FOR ELECTRICAL & ELECTRONICS IN ROW, BY REGION, 2023–2028 (USD MILLION) 83
8.4 AEROSPACE & DEFENSE 83
8.4.1 INCREASING DEPLOYMENT OF INDUSTRIAL ETHERNET SOLUTIONS IN AEROSPACE & DEFENSE INDUSTRY TO ENSURE EFFECTIVE MANUFACTURING PROCESSES 83
TABLE 32 INDUSTRIAL ETHERNET MARKET FOR AEROSPACE & DEFENSE, BY REGION, 2018–2022 (USD MILLION) 84
TABLE 33 INDUSTRIAL ETHERNET MARKET FOR AEROSPACE & DEFENSE, BY REGION, 2023–2028 (USD MILLION) 84
8.5 OIL & GAS 84
8.5.1 INCREASING OFFSHORE OIL AND GAS ACTIVITIES FUELING ADOPTION OF AUTOMATION SOLUTIONS IN OIL & GAS INDUSTRY 84
TABLE 34 INDUSTRIAL ETHERNET MARKET FOR OIL & GAS, BY REGION, 2018–2022 (USD MILLION) 85
TABLE 35 INDUSTRIAL ETHERNET MARKET FOR OIL & GAS, BY REGION, 2023–2028 (USD MILLION) 85
8.6 CHEMICAL & FERTILIZER 86
8.6.1 GROWING USE OF INDUSTRIAL ETHERNET IN CHEMICAL INDUSTRY TO INCREASE SAFETY, EFFICIENCY, AND SUSTAINABILITY 86
TABLE 36 INDUSTRIAL ETHERNET MARKET FOR CHEMICAL & FERTILIZER, BY REGION, 2018–2022 (USD MILLION) 86
TABLE 37 INDUSTRIAL ETHERNET MARKET FOR CHEMICAL & FERTILIZER, BY REGION, 2023–2028 (USD MILLION) 87
8.7 FOOD & BEVERAGE 87
8.7.1 INCREASING TREND OF AUTOMATION IN FOOD & BEVERAGE INDUSTRY THROUGHOUT MANUFACTURING PROCESS TO FUEL DEMAND FOR INDUSTRIAL ETHERNET 87
TABLE 38 INDUSTRIAL ETHERNET MARKET FOR FOOD & BEVERAGE, BY REGION, 2018–2022 (USD MILLION) 88
TABLE 39 INDUSTRIAL ETHERNET MARKET FOR FOOD & BEVERAGE, BY REGION, 2023–2028 (USD MILLION) 88
8.8 PHARMACEUTICAL 88
8.8.1 INCREASING DEPLOYMENT OF AUTOMATION AND SENSING TECHNOLOGIES IN PHARMACEUTICAL INDUSTRY TO FUEL MARKET GROWTH 88
TABLE 40 INDUSTRIAL ETHERNET MARKET FOR PHARMACEUTICAL, BY REGION, 2018–2022 (USD MILLION) 89
TABLE 41 INDUSTRIAL ETHERNET MARKET FOR PHARMACEUTICAL, BY REGION, 2023–2028 (USD MILLION) 89
8.9 ENERGY & POWER 90
8.9.1 COMMUNICATION NETWORKS PLAY INTEGRAL ROLE IN DATA AND INFORMATION EXCHANGE IN ENERGY & POWER PLANTS 90
TABLE 42 INDUSTRIAL ETHERNET MARKET FOR ENERGY & POWER, BY REGION, 2018–2022 (USD MILLION) 90
TABLE 43 INDUSTRIAL ETHERNET MARKET FOR ENERGY & POWER, BY REGION, 2023–2028 (USD MILLION) 90
8.10 MINING 91
8.10.1 DEPLOYMENT OF AUTOMATION IN MINING & METALS INDUSTRY FOR IMPROVED PRODUCTIVITY AND ENHANCED WORKFORCE SAFETY TO BOOST MARKET GROWTH 91
TABLE 44 INDUSTRIAL ETHERNET MARKET FOR MINING, BY REGION, 2018–2022 (USD MILLION) 91
TABLE 45 INDUSTRIAL ETHERNET MARKET FOR MINING, BY REGION, 2023–2028 (USD MILLION) 92
8.11 ENGINEERING/FABRICATION 92
8.11.1 NETWORKING TECHNOLOGIES ENSURE CONSISTENT, UNINTERRUPTED MOBILE CONNECTIVITY FOR WORKERS IN ENGINEERING AND FABRICATION APPLICATIONS 92
TABLE 46 INDUSTRIAL ETHERNET MARKET FOR ENGINEERING/FABRICATION, BY REGION, 2018–2022 (USD MILLION) 92
TABLE 47 INDUSTRIAL ETHERNET MARKET FOR ENGINEERING/FABRICATION, BY REGION, 2023–2028 (USD MILLION) 93
8.12 WATER & WASTEWATER 93
8.12.1 GROWING ADOPTION OF LOW-COST, LOW-POWER SENSORS AND EDGE-COMPUTING DEVICES TO INCREASE EFFICIENCY IN WATER & WASTEWATER OPERATIONS TO BOOST MARKET GROWTH 93
TABLE 48 INDUSTRIAL ETHERNET MARKET FOR WATER & WASTEWATER, BY REGION, 2018–2022 (USD MILLION) 94
TABLE 49 INDUSTRIAL ETHERNET MARKET FOR WATER & WASTEWATER, BY REGION, 2023–2028 (USD MILLION) 94
8.13 OTHERS 94
TABLE 50 INDUSTRIAL ETHERNET MARKET FOR OTHERS, BY REGION, 2018–2022 (USD MILLION) 95
TABLE 51 INDUSTRIAL ETHERNET MARKET FOR OTHERS, BY REGION, 2023–2028 (USD MILLION) 95
9 INDUSTRIAL ETHERNET MARKET, BY REGION 96
9.1 INTRODUCTION 97
FIGURE 31 INDUSTRIAL ETHERNET MARKET IN CHINA TO REGISTER HIGHEST CAGR FROM 2023 TO 2028 97
TABLE 52 INDUSTRIAL ETHERNET MARKET, BY REGION, 2018–2022 (USD MILLION) 98
TABLE 53 INDUSTRIAL ETHERNET MARKET, BY REGION, 2023–2028(USD MILLION) 98
9.2 NORTH AMERICA 98
FIGURE 32 NORTH AMERICA: INDUSTRIAL ETHERNET MARKET SNAPSHOT 99
TABLE 54 INDUSTRIAL ETHERNET MARKET IN NORTH AMERICA, BY COUNTRY, 2018–2022(USD MILLION) 99
TABLE 55 INDUSTRIAL ETHERNET MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION) 100
TABLE 56 INDUSTRIAL ETHERNET MARKET IN NORTH AMERICA, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 100
TABLE 57 INDUSTRIAL ETHERNET MARKET IN NORTH AMERICA, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 101
9.2.1 US 101
9.2.1.1 Ideal environment for innovation facilitated advancements in industrial ethernet 101
TABLE 58 INDUSTRIAL ETHERNET MARKET IN US, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 102
TABLE 59 INDUSTRIAL ETHERNET MARKET IN US, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 102
9.2.2 CANADA 103
9.2.2.1 Growing investments in process and discrete industries to contribute to market growth 103
TABLE 60 INDUSTRIAL ETHERNET MARKET IN CANADA, BY END-USE INDUSTRY, 2018–2022(USD MILLION) 103
TABLE 61 INDUSTRIAL ETHERNET MARKET IN CANADA, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 104
9.2.3 MEXICO 104
9.2.3.1 Rapid adoption of smart manufacturing procedures to drive market 104
TABLE 62 INDUSTRIAL ETHERNET MARKET IN MEXICO, BY END-USE INDUSTRY, 2018–2022(USD MILLION) 105
TABLE 63 INDUSTRIAL ETHERNET MARKET IN MEXICO, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 105
9.3 EUROPE 106
FIGURE 33 EUROPE: INDUSTRIAL ETHERNET MARKET SNAPSHOT 106
TABLE 64 INDUSTRIAL ETHERNET MARKET IN EUROPE, BY COUNTRY, 2018–2022 (USD MILLION) 107
TABLE 65 INDUSTRIAL ETHERNET MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION) 107
TABLE 66 INDUSTRIAL ETHERNET MARKET IN EUROPE, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 108
TABLE 67 INDUSTRIAL ETHERNET MARKET IN EUROPE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 108
9.3.1 UK 109
9.3.1.1 Growing adoption of automation to fuel market growth 109
TABLE 68 INDUSTRIAL ETHERNET MARKET IN UK, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 109
TABLE 69 INDUSTRIAL ETHERNET MARKET IN UK, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 110
9.3.2 GERMANY 110
9.3.2.1 Technological innovations related to automotive sector to fuel market growth 110
TABLE 70 INDUSTRIAL ETHERNET MARKET IN GERMANY, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 111
TABLE 71 INDUSTRIAL ETHERNET MARKET IN GERMANY, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 112
9.3.3 FRANCE 112
9.3.3.1 Government focus on promoting industrial sectors to fuel adoption of industrial ethernet solutions 112
TABLE 72 INDUSTRIAL ETHERNET MARKET IN FRANCE, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 113
TABLE 73 INDUSTRIAL ETHERNET MARKET IN FRANCE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 113
9.3.4 ITALY 114
9.3.4.1 Focus on smart factories to fuel market growth 114
TABLE 74 INDUSTRIAL ETHERNET MARKET IN ITALY, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 114
TABLE 75 INDUSTRIAL ETHERNET MARKET IN ITALY, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 115
9.3.5 SPAIN 115
9.3.5.1 Development of automotive sector to drive market 115
TABLE 76 INDUSTRIAL ETHERNET MARKET IN SPAIN, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 116
TABLE 77 INDUSTRIAL ETHERNET MARKET IN SPAIN, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 116
9.3.6 REST OF EUROPE 117
TABLE 78 INDUSTRIAL ETHERNET MARKET IN REST OF EUROPE, BY END-USE INDUSTRY, 2018–2022(USD MILLION) 117
TABLE 79 INDUSTRIAL ETHERNET MARKET IN REST OF EUROPE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 118
9.4 ASIA PACIFIC 118
FIGURE 34 ASIA PACIFIC: INDUSTRIAL ETHERNET MARKET SNAPSHOT 119
TABLE 80 INDUSTRIAL ETHERNET MARKET IN ASIA PACIFIC, BY COUNTRY, 2018–2022 (USD MILLION) 120
TABLE 81 INDUSTRIAL ETHERNET MARKET IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION) 120
TABLE 82 INDUSTRIAL ETHERNET MARKET IN ASIA PACIFIC, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 121
TABLE 83 INDUSTRIAL ETHERNET MARKET IN ASIA PACIFIC, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 121
9.4.1 CHINA 122
9.4.1.1 Growing use of industrial ethernet networks and solutions in automotive sector to boost market growth 122
TABLE 84 INDUSTRIAL ETHERNET MARKET IN CHINA, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 123
TABLE 85 INDUSTRIAL ETHERNET MARKET IN CHINA, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 123
9.4.2 JAPAN 124
9.4.2.1 Ongoing technological developments in different industries to lead to deployment of advanced and highly precise automation solutions 124
TABLE 86 INDUSTRIAL ETHERNET MARKET IN JAPAN, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 124
TABLE 87 INDUSTRIAL ETHERNET MARKET IN JAPAN, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 125
9.4.3 INDIA 125
9.4.3.1 Ongoing government initiatives for automation of different industries to fuel market growth 125
TABLE 88 INDUSTRIAL ETHERNET MARKET IN INDIA, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 126
TABLE 89 INDUSTRIAL ETHERNET MARKET IN INDIA, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 126
9.4.4 SOUTH KOREA 127
9.4.4.1 Growing adoption of industrial ethernet by electronic goods manufacturing companies to drive market 127
TABLE 90 INDUSTRIAL ETHERNET MARKET IN SOUTH KOREA, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 127
TABLE 91 INDUSTRIAL ETHERNET MARKET IN SOUTH KOREA, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 128
9.4.5 REST OF ASIA PACIFIC 128
TABLE 92 INDUSTRIAL ETHERNET MARKET IN REST OF ASIA PACIFIC, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 129
TABLE 93 INDUSTRIAL ETHERNET MARKET IN REST OF ASIA PACIFIC, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 129
9.5 REST OF THE WORLD 130
TABLE 94 INDUSTRIAL ETHERNET MARKET IN ROW, BY REGION, 2018–2022 (USD MILLION) 130
TABLE 95 INDUSTRIAL ETHERNET MARKET IN ROW, BY REGION, 2023–2028 (USD MILLION) 130
TABLE 96 INDUSTRIAL ETHERNET MARKET IN ROW, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 131
TABLE 97 INDUSTRIAL ETHERNET MARKET IN ROW, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 131
9.5.1 SOUTH AMERICA 132
9.5.1.1 Rising deployment of factory automation solutions in different industries to boost market 132
TABLE 98 INDUSTRIAL ETHERNET MARKET IN SOUTH AMERICA, BY END-USE INDUSTRY, 2018–2022(USD MILLION) 132
TABLE 99 INDUSTRIAL ETHERNET MARKET IN SOUTH AMERICA, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 133
9.5.2 MIDDLE EAST 133
9.5.2.1 Growing adoption of automation solutions in oil & gas industry to fuel market growth 133
TABLE 100 INDUSTRIAL ETHERNET MARKET IN MIDDLE EAST, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 134
TABLE 101 INDUSTRIAL ETHERNET MARKET IN MIDDLE EAST, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 134
9.5.3 AFRICA 135
9.5.3.1 Production increase in food & beverage, automotive, and pharmaceutical industries to drive market 135
TABLE 102 INDUSTRIAL ETHERNET MARKET IN AFRICA, BY END-USE INDUSTRY, 2018–2022 (USD MILLION) 135
TABLE 103 INDUSTRIAL ETHERNET MARKET IN AFRICA, BY END-USE INDUSTRY, 2023–2028 (USD MILLION) 136
10 COMPETITIVE LANDSCAPE 137
10.1 INTRODUCTION 137
TABLE 104 COMPANIES ADOPTED PRODUCT LAUNCHES AND DEVELOPMENTS AS KEY GROWTH STRATEGIES FROM 2019 TO 2022 137
TABLE 105 INDUSTRIAL ETHERNET MARKET: DEGREE OF COMPETITION 139
FIGURE 35 MARKET SHARE OF KEY COMPANIES IN INDUSTRIAL ETHERNET MARKET, 2022 139
10.2 COMPANY EVALUATION QUADRANT 141
10.2.1 INDUSTRIAL ETHERNET MARKET 141
10.2.1.1 Stars 141
10.2.1.2 Emerging leaders 141
10.2.1.3 Pervasive players 141
10.2.1.4 Participants 141
FIGURE 36 INDUSTRIAL ETHERNET MARKET: COMPANY EVALUATION QUADRANT, 2022 142
10.3 COMPETITIVE SITUATIONS AND TRENDS 143
10.3.1 PRODUCT LAUNCHES 143
TABLE 106 INDUSTRIAL ETHERNET MARKET: PRODUCT LAUNCHES, JANUARY 2019–NOVEMBER 2022 143
TABLE 107 INDUSTRIAL ETHERNET MARKET: DEALS, JANUARY 2019–NOVEMBER 2022 144
11 COMPANY PROFILES 145
(Business overview, Products offered, Recent developments & MnM View)*
11.1 KEY PLAYERS 145
11.1.1 SIEMENS 145
TABLE 108 SIEMENS: BUSINESS OVERVIEW 145
FIGURE 37 SIEMENS: COMPANY SNAPSHOT 146
TABLE 109 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 146
TABLE 110 SIEMENS: PRODUCT LAUNCHES 147
TABLE 111 SIEMENS: DEALS 148
11.1.2 ROCKWELL AUTOMATION 150
TABLE 112 ROCKWELL AUTOMATION: BUSINESS OVERVIEW 150
FIGURE 38 ROCKWELL AUTOMATION: COMPANY SNAPSHOT 151
TABLE 113 ROCKWELL AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 151
TABLE 114 ROCKWELL AUTOMATION: PRODUCT LAUNCHES 152
TABLE 115 ROCKWELL AUTOMATION: DEALS 153
11.1.3 CISCO SYSTEMS 155
TABLE 116 CISCO SYSTEMS: BUSINESS OVERVIEW 155
FIGURE 39 CISCO SYSTEMS: COMPANY SNAPSHOT 156
TABLE 117 CISCO SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 156
TABLE 118 CISCO SYSTEMS: PRODUCT LAUNCHES 157
TABLE 119 CISCO SYSTEMS: DEALS 157
11.1.4 OMRON 159
TABLE 120 OMRON: BUSINESS OVERVIEW 159
FIGURE 40 OMRON: COMPANY SNAPSHOT 160
TABLE 121 OMRON: PRODUCTS/SOLUTIONS/SERVICES OFFERED 160
TABLE 122 OMRON: PRODUCT LAUNCHES 161
TABLE 123 OMRON: DEALS 163
11.1.5 MOXA 164
TABLE 124 MOXA: BUSINESS OVERVIEW 164
TABLE 125 MOXA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 164
TABLE 126 MOXA: PRODUCT LAUNCHES 166
11.1.6 BELDEN 168
TABLE 127 BELDEN: BUSINESS OVERVIEW 168
FIGURE 41 BELDEN: COMPANY SNAPSHOT 169
TABLE 128 BELDEN: PRODUCTS/SOLUTIONS/SERVICES OFFERED 170
TABLE 129 BELDEN: PRODUCT LAUNCHES 170
TABLE 130 BELDEN: DEALS 171
11.1.7 HUAWEI TECHNOLOGIES 172
TABLE 131 HUAWEI TECHNOLOGIES: BUSINESS OVERVIEW 172
FIGURE 42 HUAWEI TECHNOLOGIES: COMPANY SNAPSHOT 173
TABLE 132 HUAWEI TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED 173
TABLE 133 HUAWEI TECHNOLOGIES: PRODUCT LAUNCHES 174
TABLE 134 HUAWEI TECHNOLOGIES: DEALS 174
TABLE 135 HUAWEI TECHNOLOGIES: OTHERS 174
11.1.8 SICK 175
TABLE 136 SICK: BUSINESS OVERVIEW 175
FIGURE 43 SICK: COMPANY SNAPSHOT 176
TABLE 137 SICK: PRODUCTS/SOLUTIONS/SERVICES OFFERED 177
TABLE 138 SICK: PRODUCT LAUNCHES 178
TABLE 139 SICK: DEALS 178
11.1.9 SCHNEIDER ELECTRIC 179
TABLE 140 SCHNEIDER ELECTRIC: BUSINESS OVERVIEW 179
FIGURE 44 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 180
TABLE 141 SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 181
TABLE 142 SCHNEIDER ELECTRIC: DEALS 182
11.1.10 ABB 183
TABLE 143 ABB: BUSINESS OVERVIEW 183
FIGURE 45 ABB: COMPANY SNAPSHOT 184
TABLE 144 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED 184
TABLE 145 ABB: DEALS 185
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
11.2 OTHER PLAYERS 186
11.2.1 GE GRID SOLUTIONS 186
11.2.2 ADVANTECH 187
11.2.3 HMS NETWORKS 188
11.2.4 IFM ELECTRONIC 189
11.2.5 WEIDMULLER 190
11.2.6 PATTON 190
11.2.7 BECKHOFF AUTOMATION 191
11.2.8 HONEYWELL 191
11.2.9 AAEON 192
11.2.10 TURCK 192
11.2.11 BOSCH REXROTH 193
11.2.12 HITACHI 194
TABLE 146 HITACHI: COMPANY OVERVIEW 194
11.2.13 ERICSSON 195
TABLE 147 ERICSSON: COMPANY OVERVIEW 195
11.2.14 MITSUBISHI ELECTRIC GROUP 196
TABLE 148 MITSUBISHI ELECTRIC GROUP: COMPANY OVERVIEW 196
11.2.15 CHAOS PRIME 196
TABLE 149 CHAOS PRIME: COMPANY OVERVIEW 196
12 APPENDIX 197
12.1 DISCUSSION GUIDE 197
12.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 200
12.3 CUSTOMIZATION OPTIONS 202
12.4 RELATED REPORTS 202
12.5 AUTHOR DETAILS 203
