New York, NY -- (SBWIRE) -- 04/27/2017 -- Industrial Communication Industry

Description

According to Stratistics MRC, the Global Industrial Communication market is accounted for $52.78 billion in 2015 and is expected to reach $135.64 billion by 2022 growing at a CAGR of 14.4%. Rapidly changing technological scenario is compelling industries to adopt Industrial Internet of Things. Increasing demand for industrial communication in electronics and automotive manufacturing applications is boosting up the market growth. However, various standards are being adopted by significant manufacturers which are hindering the data and the market growth.

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Wireless Communication Protocol segment is expected to dominate the market segments during forecast period on account of its transmission quality, capacity of Bandwidth and quality network coverage. Technological advancements in various components in WHART, WLAN and cellular technologies are creating opportunities in market. Asia-Pacific region is expected to be the dominant market and accounted for highest CAGR during the forecast period due to prevailing demand for consumer electronics in developing regions such as China, India.etc..

Some of the key players of the Industrial Communication market include

ABB Ltd, Advantech Co., Ltd., General Electric, Infineon Technologies AG, National Instruments, Rockwell Automation, Inc., Schneider Electric SE, Siemens AG, TE Connectivity Ltd., and Texas Instruments Incorporated.

Applications Covered:
- Aerospace & Defense
- Automotive & Transportation
- Chemicals and Fertilizers
- Electrical and Electronics
- Energy & Power
- Engineering/Fabrication
- Food & Beverages
- Mining
- Oil & Gas
- Pharmaceutical
- Water and Wastewater
- Others Applications

Offerings covered:
- Services
- Component
Communication Interfaces
Connectors
Controllers and Processors
Hubs, Routers, and Gateways
Isolators and Convertors
Memory
Power Supply Devices
Switches
Other Components
- Software

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Communication Protocols Covered:
- Wireless
Cellular
ISA100.11a
Whart
Wlan
Zigbee
Other Wirelesses
- Fieldbus
Canopen
CC-Link
Devicenet
Foundation Fieldbus and Hart
Interbus
Modbus
Profibus
Others Fieldbuses
- Industrial Ethernet
PROFINET
CC-Link IE
Ethercat
Ethernet/IP
Modbus-TCP
Powerlink
Sercos III

Regions Covered:
- North America
US
Canada
Mexico
- Europe
Germany
France
Italy
UK
Spain
Rest of Europe
- Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
- Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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