MarketResearchReports.biz has recently announced the addition of a market study “Global Industrial Communication Market 2017-2021”, is a comparative analysis of the global market.
Albany, NY -- (SBWIRE) -- 02/06/2017 -- About Industrial Communication
Industrial communication protocols such as Ethernet are widely used in office networks for data transfers. In the recent times, communication protocols are used in factory floors to meet communication needs of industrial applications. The industrial plant's environment is harsh with extreme temperature conditions, humidity, and vibration. Industrial-based devices are designed to be rugged to withstand such extreme conditions and function effectively. Industrial communication can be performed using three protocols, namely Fieldbus, Ethernet, and wireless.
Technavios analysts forecast the global industrial communication market to grow at a CAGR of 12.79% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global industrial communication market for 2017-2021. To calculate the market size, the report considers the revenue generated from sales and aftermarket services of industrial Ethernet (IE) and wireless protocols used in devices by the market participants, for both process and discrete industries globally, is covered in this report.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Industrial Communication 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.
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Key vendors
ABB
Rockwell Automation
Schneider Electric
Siemens
Other prominent vendors
Advantech
Beckhoff Automation
Cisco Systems
Emerson Electric
Endress+Hauser
General Electric
Infineon Technologies
National Instruments
TE Connectivity
Texas Instruments
Market driver
Growing demand from water and wastewater treatment industry.
For a full, detailed list, view our report
Market challenge
Lack of determinism in industrial communication networks.
For a full, detailed list, view our report
Market trend
Rising adoption of industrial communications in machine vision systems.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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