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Industrial Communication Market Size, Share & Trends

Report Code SE 4645
Published in May, 2025, By MarketsandMarkets™
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Industrial Communication Market by Fieldbus, Industrial Ethernet, Wireless, IO-Link, Router & WAP, Switch, Gateway, Communication Interface & Converter, Controller & Connector and Power Supply Device - Global Forecast to 2030

Industrial Communication Market Size, Share & Trends

The global industrial communication market is likely to grow from USD 20.45 billion in 2025 to USD 26.06 billion by 2030 at a CAGR of 5.0% from 2025 to 2030. The convergence of AI and digital twin technology, growing financial incentives to integrate PLCs and SCADA into manufacturing sectors, the surging adoption of industry 4.0 and wireless networks across industrial sectors, and enhanced smart manufacturing and digital transformation with the evolution of 5G technology drive the market. Furthermore, the deployment of 5G technology in automotive, construction, and manufacturing sectors and the rising adoption of machine-to-machine communication to optimize industrial efficiency and automation technologies will augment the market growth.

Industrial Communication Market

Attractive Opportunities in the Industrial Communication Market

ASIA PACIFIC

Asia Pacific is expected to account for the largest share of the global industrial communication market in 2030. The expansion of smart factories and industrial IoT in countries such as China, India, and South Korea will drive the regional market growth.

Shift toward wireless communication technologies, such as 5G and Wi-Fi 6, in industrial environments will drive the industrial communication market.

Product launches are expected to offer growth opportunities for market players in the next five years.

Based on communication protocol, the industrial Ethernet segment is expected to hold the largest market share in 2030.

The development of secure, interoperable communication protocols for heterogeneous industrial networks is likely to fuel the market growth.

AI/Gen AI Impact on Industrial Communication Market

AI and Gen AI are transforming the industrial communication landscape by introducing new capabilities in network operations, interoperability, and automation. Technology is revolutionizing predictive maintenance with the ability to detect anomalies in advance and mimic failure modes, significantly reducing downtime and boosting system reliability. AI Hoffers intelligent routing and traffic balancing during communication network optimization, whereas Gen AI copies and optimizes network structures for optimal performance. Moreover, protocol translation through AI and context awareness through Gen AI are breaking interoperability barriers in heterogeneous industrial systems. Moreover, they make local data processing and interpretation possible, allowing real-time response and minimizing dependency on central control systems. AI and Gen AI are spearheading the transition towards smart, adaptive industrial communication environments.

Industrial Communication Market

Global Industrial Communication Market Dynamics

DRIVER: Government efforts to boost industrial automation

The global surge in industrial automation is largely driven by strong government efforts to boost manufacturing competitiveness, productivity, and national economic growth. Policymakers in different nations are introducing systematic frameworks and fiscal incentives to drive the adoption of automation technologies, such as supervisory control and data acquisition (SCADA), distributed control systems (DCS), programmable logic controllers (PLCs), and robotics into process and discrete manufacturing environments.

India has become one of the leading economies with an increasingly developing manufacturing sector, boosted by government initiatives, including the National Manufacturing Policy (NMP) and Make in India. These policies propel automation investment, making India a leading platform for smart manufacturing. The Indian manufacturing sector is experiencing a deep digital overhaul with the application of AI and ML, setting the stage for smart factories in several industry verticals. According to the NASSCOM report on Industry 4.0 deployment in India, digital technologies will contribute 40% of overall manufacturing spending in 2025, against 20% in 2021. This transformation spans the entire value chain, from raw material procurement to the dispatch of finished goods, significantly boosting process efficiency and minimizing unplanned downtimes. Governments in other regions, including the European Union and North America, support smart manufacturing adoption through funding for Industry 4.0 initiatives, skills development programs, and incentives for digital infrastructure deployment.

RESTRAINTS: Lack of standardization in industrial communication protocols and interfaces

Industrial communication systems are established upon various proprietary interfaces and protocols, and they comprise a fragmented ecosystem that renders system integration complicated and limits interoperability. This fragmentation leads to non-interoperable data exchange and complicates having plug-and-play capabilities across devices produced by various companies. As a result, industries face additional costs and timing associated with custom integration solutions, middleware code development, and interface compatibility. These constraints are particularly limited in environments trying to achieve cohesive automation and integration with legacy systems and modern digital infrastructure.

Moreover, restricted access to standardized industry data hampers the development of scalable industrial software and the adoption of Industry 4.0 technology. Inability to effectively obtain and leverage real-time data from heterogeneous systems undermines predictive analytics, centralized monitoring, and other advanced features critical to smart manufacturing. Although burgeoning open standards such as OPC UA, MQTT, and TSN provide promising avenues to enhanced interoperability, their uneven adoption throughout industries remains an obstacle. Moving forward, collaboration among equipment vendors, industry alliances, and regulatory bodies will be essential to promote standardized, vendor-neutral communication frameworks supporting manufacturing operations’ digital transformation.

 

OPPORTUNITY: Increasing adoption of wireless networks across industrial sectors

The rapid growth in the demand for wireless technologies, such as Bluetooth Smart, WirelessHART, WLAN, and Zigbee, is opening new growth opportunities for the industrial communication market, mainly for the oil & gas, electronics, and energy & power generation industries. Zigbee helps drive the market for low-cost wireless network solutions. The Zigbee IEEE 802.15.4 technology has been adopted by many organizations worldwide. Similarly, WirelessHART-enabled communication is becoming one of the most widely used options for signal transmission in process industries using HART communication. WLAN (IEEE 802.11) is used for high-performance infrastructure networks suitable for industrial applications. Advancements in wireless communication technologies, such as 5G and Wi-Fi 6, especially cellular technologies, are helping various industries monitor their assets worldwide. These technologies enable efficient and universal communication for all industrial applications. In process and infrastructure applications, industrial wireless systems simplify the process of recording data from remote stations and field devices, which would otherwise be inaccessible for accomplishing the process. The speed and simplicity of installing wireless networks have also made them popular among industries, as they can be deployed to facilitate M2M communication even under extreme environments. All these factors have contributed to the growth of the market for wireless technologies for industrial communication, especially in highly industrialized regions.

CHALLENGE: Technical and environmental barriers restricting deployment in critical applications

Technical and environmental barriers are major hurdles restricting the deployment of industrial communication in mission-critical applications. Even with progress in robotics and artificial intelligence, issues such as low battery life, processing capabilities, and sensor reliability remain obstacles to performance, particularly in complex and high-risk environments, such as healthcare, defense, and disaster relief. These robots largely continue to experience issues with real-time decision-making in uncertain situations, where human-like judgment and flexibility are paramount. In such environments, even minor disruptions or lag times can have major repercussions; so, industries are unwilling to depend entirely on robotic systems. Natural environmental conditions, including high temperatures, humidity, dust, and electromagnetic interference, can also adversely affect the functionality and lifespan of industrial communication. The majority of existing systems are optimized for controlled environments, such as factories or laboratories, and scaling them up to harsh or dynamic environments is still a technical challenge. Moreover, cybersecurity and data privacy issues further limit the deployment of industrial communication in sensitive applications where secure data management is of utmost importance. These limitations slow adoption in sectors requiring the highest reliability and safety levels.

Global Industrial Communication Market Ecosystem Analysis

The industrial communication ecosystem involves R&D engineers, components/software/service providers, distributors, and end users. Each collaborates to advance the market by sharing knowledge, resources, and expertise to attain end innovation in this field. Components/software/services providers such as ABB (Switzerland), Schneider Electric (France), Moxa Inc. (Taiwan), and Cisco Systems, Inc. (US) are at the core of the market. They are responsible for developing industrial communication for various end users.

Top Companies in Industrial Communication Market

Automotive industry segment accounted for largest market share in 2024.

The automotive segment captured the largest share of the industrial communication sector in 2024, as it has aggressively adopted automation, robotics, and digital manufacturing technology. Contemporary automotive production highly depends on integrated systems for functions such as real-time monitoring, quality checks, predictive maintenance, and flexible assembly lines. With the automotive industry transforming toward electric and autonomous vehicles, production environment complexity and data needs have increased, necessitating rapid, reliable industrial networks. Upcoming technologies such as time-sensitive networking (TSN) and wireless protocols are implemented to enable smooth coordination among machines, robots, and control systems. Furthermore, Industry 4.0 methodologies among automobile manufacturers have also resulted in the application of advanced communication infrastructure, including IoT-based sensors and cloud analytics, to drive productivity and operational efficiency. These advancements are raising demand for secure and scalable communications solutions within automotive factories. Considering the level of production and the advanced level of automation within this industry, automotive will likely remain leading in the market share of industrial communication systems during the forecast period.

Services segment to register highest CAGR in industrial communication market during forecast period .

The services segment is likely to exhibit the highest CAGR in the industrial communication market, driven by rising complexity in industrial network deployments and the growing demand for customized communication solutions. As industries shift toward digitalization and smart manufacturing, the demand for consulting, integration, and maintenance services for the smooth operation of communication networks is on the rise. The majority of industrial environments operate a mix of legacy and modern systems. Therefore, there is a necessity for professional services to achieve interoperability, cybersecurity, and real-time data exchange. Service providers are significant in designing and deploying custom communication architectures that meet specific operational requirements while providing scalability and compliance with industry standards. Moreover, the need for managed services such as remote monitoring, diagnostics, and network performance optimization is increasing, particularly in industries with limited in-house IT capabilities. These services reduce downtime, optimize productivity, and decrease the total cost of ownership. With the trend toward cloud-based industrial communication platforms and edge computing, service-based models are gaining traction, setting the services segment up for high and sustainable growth.

Asia Pacific to Record Highest CAGR in Industrial Communication Market from 2025 to 2030

Asia Pacific is likely to witness the fastest growth rate in the industrial communication market during the forecast period due to the rapid industrialization, the increasing manufacturing activities, and the surging adoption of Industry 4.0 technologies across countries, such as China, India, South Korea, and Japan. Government-led initiatives on smart factories and digitalization, such as China’s Made in China 2025, India’s Digital India, and Japan’s Society 5.0, fuel investments in advanced automation and communication infrastructure. Furthermore, the high density of electronics, automotive, and semiconductor manufacturing hubs is building enormous demand for high-speed, high-quality industrial networks in the region. The increasing factory automation trend, labor costs, and the necessity of real-time process control augment the adoption of technologies such as industrial Ethernet, wireless communication, and edge computing. Foreign direct investments and collaboration among international industrial communication solution providers and local industries also facilitate accelerated adoption. Thus, Asia Pacific is becoming a primary growth driver for the worldwide industrial communication market, with strong growth expected in both developed and emerging economies of the region.

LARGEST MARKET SHARE IN 2025-2030
INDIA FASTER-GROWING MARKET IN REGION
Industrial Communication Market
 Size and Share

Recent Developments of Industrial Communication Market

  • In April 2025, Rockwell Automation collaborated with Amazon Web Services, Inc. (AWS) to support and accelerate the digital transformation of the manufacturing sector. This partnership integrates Rockwell’s operational technology (OT) expertise with AWS’s advanced cloud capabilities and global infrastructure, enabling manufacturers to deploy scalable, secure, and flexible cloud-based solutions. These solutions aim to enhance asset performance, improve operational visibility, and transform raw data into actionable insights.
  • In March 2025, Huawei Technologies Co., Ltd. introduced Enterprise Network Integration Service 5.2, featuring the Service Sensing Intelligent Integration service and the One Network Integration service. This solution harnesses connectivity, AI-driven algorithms, and coordinated scheduling to support the intelligent transformation of industry-specific services, enabling customers to build efficient, reliable, and resilient intelligent networks.
  • In March 2025, Siemens and Accenture strengthened their long-standing strategic partnership to drive engineering and manufacturing transformation for global enterprises. As part of this collaboration, the two companies have launched the Accenture Siemens Business Group, a dedicated practice comprising 7,000 professionals with extensive expertise in manufacturing and IT. This initiative will focus on the co-development and joint marketing of innovative solutions, integrating automation, industrial AI, and Siemens Xcelerator software with Accenture’s advanced data and AI capabilities, enabling businesses to accelerate digital transformation and enhance operational efficiency.
  • In February 2025, Cisco Systems, Inc. introduced a new family of data center Smart Switches, redefining traditional data center network design by combining networking and security services into a compact, all-in-one solution. The first integrated offering, the Smart Switch with Cisco Hypershield, takes a groundbreaking approach to securing AI data centers by embedding security directly into the network fabric.
  • In January 2025, OMRON Corporation joined forces with Xilix Systems as a new partner in its System Integrator program. This collaboration underscores Xilix Systems’ deep expertise in integration, automation, and machine design, particularly in complex motion applications. With extensive experience in Omron PMAC technologies, Xilix Systems is well-equipped to expand its capabilities. Through this partnership, the company aims to deliver more advanced solutions and services, driving innovation in developing new process equipment.

Key Market Players

List of Top Industrial Communication Market

The following players dominate the Industrial Communication Market:

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Scope of the Report

Report Attribute Details
Market size available for years 2021–2030
Base year considered 2024
Forecast period 2025–2030
Forecast units Value (USD Million/USD Billion) and Volume (Thousand Units)
Segments Covered Offering, Communication Protocol, Industry, and Region
Regions covered North America, Europe, Asia Pacific, and RoW

Key Questions Addressed by the Report

What are the major driving factors and opportunities for the industrial communication market?
Growing financial incentives to integrate PLCs and SCADA into manufacturing sectors, the convergence of AI and digital twin technology, the surging adoption of industry 4.0, enhanced smart manufacturing and digital transformation with evolution of 5G technology, the deployment of 5G technology in automotive, construction, and manufacturing sectors, and the rising adoption of machine-to-machine communication to optimize industrial efficiency and automation technologies will contribute to the market growth.
Which region is expected to hold the largest share of the industrial communication market in 2025?
Asia Pacific is projected to capture the largest market share in 2025 due to the increasing number of manufacturing facilities, especially in the automotive, electronics, and heavy machinery sectors.
Who are the leading players in the global industrial communication market?
Leading players operating in the global industrial communication market include Cisco Systems, Inc. (US), Siemens (Germany), OMRON Corporation (Japan), Huawei Technologies Co., Ltd. (China), and Rockwell Automation (US).
Which advanced technologies are expected to drive the industrial communication market?
Advanced technologies such as 5G, Time-Sensitive Networking (TSN), edge computing, and AI-driven analytics are expected to drive the industrial communication market by enabling faster, more reliable, and intelligent data exchange across industrial systems.
What is the size of the global industrial communication market?
The global industrial communication market is expected to grow from USD 20.45 billion in 2025 to USD 26.06 billion by 2030 at a CAGR of 5.0% from 2025 to 2030.

 

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Table of Contents

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TITLE
PAGE NO
INTRODUCTION
28
RESEARCH METHODOLOGY
33
EXECUTIVE SUMMARY
45
PREMIUM INSIGHTS
49
MARKET OVERVIEW
52
  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    DRIVERS
    - Surging adoption of Industry 4.0
    - Convergence of industrial AI and digital twin technologies
    - Deployment of smart grid technologies in energy sector
    - Rising preference for machine-to-machine communication to optimize industrial efficiency and automation
    - Implementation of incentive programs to integrate PLCs and SCADA into manufacturing sectors
    - Deployment of 5G technology in automotive, construction, and manufacturing sectors
    RESTRAINTS
    - Lack of standardization in industrial communication protocols and interfaces
    OPPORTUNITIES
    - Enhanced smart manufacturing and digital transformation with evolution of 5G technology
    - Accelerating adoption of wireless networks across industrial sectors
    CHALLENGES
    - Vulnerability to targeted malware, ransomware, and hacking attempts
    - Challenges associated with exposure of equipment to harsh conditions
  • 5.3 VALUE CHAIN ANALYSIS
  • 5.4 PRICING ANALYSIS
    AVERAGE SELLING PRICE OF INDUSTRIAL COMMUNICATION SOLUTIONS OFFERED BY KEY PLAYERS, BY COMPONENT TYPE, 2024
    AVERAGE SELLING PRICE TREND OF GATEWAYS AND SWITCHES, BY REGION, 2020–2024
  • 5.5 PORTER’S FIVE FORCES ANALYSIS
    THREAT OF NEW ENTRANTS
    THREAT OF SUBSTITUTES
    BARGAINING POWER OF BUYERS
    BARGAINING POWER OF SUPPLIERS
    INTENSITY OF COMPETITIVE RIVALRY
  • 5.6 KEY STAKEHOLDERS AND BUYING CRITERIA
    KEY STAKEHOLDERS IN BUYING PROCESS
    BUYING CRITERIA
  • 5.7 PATENT ANALYSIS
  • 5.8 TRADE ANALYSIS
    IMPORT SCENARIO (HS CODE 853690)
    EXPORT SCENARIO (HS CODE 853690)
  • 5.9 INVESTMENT AND FUNDING SCENARIO
  • 5.10 TECHNOLOGY ANALYSIS
    KEY TECHNOLOGIES
    - Time-sensitive networking
    - Open platform communication unified architecture
    COMPLEMENTARY TECHNOLOGIES
    - Power over Ethernet
    ADJACENT TECHNOLOGIES
    - Industrial Internet of Things (IIoT)
    - Edge computing
    - Digital twin
  • 5.11 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • 5.12 ECOSYSTEM ANALYSIS
  • 5.13 CASE STUDY ANALYSIS
    MOXA HELPED PEA STANDARDIZE AND SIMPLIFY INFRASTRUCTURE USING MOXA IEC 61850 PRP/HSR
    FALORIA IMPLEMENTED CISCO ULTRA-RELIABLE WIRELESS BACKHAUL SOLUTION AND SECURITYTRUST'S CABLE CAR 4.0 SYSTEM FOR ROBUST AND SECURE COMMUNICATION
    AUTOMOTIVE INSPECTION CENTER LEVERAGED ADVANTECH’S WISE-PAAS END-TO-CLOUD IOT TOTAL SOLUTION FOR REMOTE VIDEO SURVEILLANCE AND DEVICE STATUS MONITORING
    OPTIMA CONTROL SOLUTIONS DEPLOYED ROCKWELL AUTOMATION’S ALLEN-BRADLEY CONTROLLOGIX AND SCADA SYSTEMS TO IMPROVE OPERATIONAL EFFICIENCY AND SYSTEM RELIABILITY
  • 5.14 KEY CONFERENCES AND EVENTS, 2025–2026
  • 5.15 TARIFF AND REGULATORY LANDSCAPE
    TARIFF ANALYSIS
    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    REGULATIONS
  • 5.16 IMPACT OF AI/GEN AI ON INDUSTRIAL COMMUNICATION MARKET
  • 5.17 IMPACT OF 2025 US TARIFF ON INDUSTRIAL COMMUNICATION MARKET
    INTRODUCTION
    KEY TARIFF RATES
    PRICE IMPACT ANALYSIS
    IMPACT ON COUNTRY/REGION
    - US
    - Europe
    - Asia Pacific
    IMPACT ON INDUSTRIES
INDUSTRIAL COMMUNICATION APPLICATIONS
97
  • 6.1 INTRODUCTION
  • 6.2 PROCESS CONTROL
  • 6.3 MACHINE-TO-MACHINE (M2M) COMMUNICATION
  • 6.4 REMOTE MONITORING
  • 6.5 ENERGY MANAGEMENT
  • 6.6 ASSET TRACKING & CONDITION MONITORING
INDUSTRIAL COMMUNICATION MARKET, BY OFFERING
100
  • 7.1 INTRODUCTION
  • 7.2 COMPONENTS
    SWITCHES
    - Rising deployment in process and discrete automation industries to fuel segmental growth
    GATEWAYS
    - Increasing need for reliable and low-latency connectivity in Industry 4.0 applications to augment segmental growth
    ROUTERS & WAP
    - Rising integration of 5G technology into routers to contribute to segmental growth
    CONTROLLERS & CONNECTORS
    - Growing focus on determining task priorities and handling interruptions efficiently to spur demand
    COMMUNICATION INTERFACES & CONVERTERS
    - Increasing need to facilitate data exchange between different network devices to foster segmental growth
    POWER SUPPLY DEVICES
    - Growing emphasis on smooth operation of industrial communication systems to boost segmental growth
    OTHER COMPONENTS
  • 7.3 SOFTWARE
    ABILITY TO STREAMLINE CONFIGURATION, OPERATION, AND MAINTENANCE OF COMPLEX NETWORK ENVIRONMENTS TO DRIVE MARKET
  • 7.4 SERVICES
    RISE IN IIOT INTEGRATION TO CONTRIBUTE TO SEGMENTAL GROWTH
INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL
110
  • 8.1 INTRODUCTION
  • 8.2 FIELDBUS
    PROFIBUS
    - Continuous updates and compatibility with different automation systems to boost segmental growth
    MODBUS
    - Simplicity and adaptability in legacy and modern automation systems to augment segmental growth
    CC-LINK
    - Ability to support high-speed communication in factory and process automation applications to spur demand
    DEVICENET
    - Emergence as low-cost and sturdy communication protocol to contribute to segmental growth
    CANOPEN
    - Precise real-time data exchange and flexible configuration to foster segmental growth
    OTHER FIELDBUS PROTOCOLS
  • 8.3 INDUSTRIAL ETHERNET
    PROFINET
    - High-speed cyclic data exchange and precise synchronization attributes to accelerate segmental growth
    ETHERNET/IP
    - Broad deployment in hybrid, process, and discrete manufacturing sectors to fuel segmental growth
    ETHERCAT
    - Real-time synchronization and high-speed control performance to boost segmental growth
    MODBUS-TCP
    - Seamless interoperability and ease of integration to augment segmental growth
    POWERLINK
    - Reliable and synchronized data exchange to contribute to segmental growth
    SERCOS III
    - Requirement for ultra-low latency, precise synchronization, and high reliability in industries to drive market
    CC-LINK IE
    - Seamless integration of I/O control, motion control, and safety systems over a single high-speed network to spur demand
    OTHER INDUSTRIAL ETHERNET PROTOCOLS
  • 8.4 WIRELESS
    WLAN
    - Increasing focus on wide-area and high-speed industrial communication to offer lucrative opportunities
    BLUETOOTH
    - Burgeoning demand for low-power, short-range communication to fuel segmental growth
    ISA100.11A
    - Rising deployment to enhance reliable wireless communication in process industries to foster segmental growth
    CELLULAR
    - High preference for cellular networks in long-distance IIoT applications to fuel segmental growth
    ZIGBEE
    - Growing adoption to support low-power industrial wireless communication to bolster segmental growth
    WHART
    - Ease of integration and compatibility with traditional HART devices to accelerate segmental growth
    OTHER WIRELESS PROTOCOLS
  • 8.5 IO-LINK
    INCREASING DEMAND FOR INTELLIGENT AND DECENTRALIZED FACTORY AUTOMATION TO DRIVE MARKET
INDUSTRIAL COMMUNICATION MARKET, BY INDUSTRY
144
  • 9.1 INTRODUCTION
  • 9.2 AUTOMOTIVE
    SURGING ADOPTION OF AUTOMATION AND CONNECTIVITY TECHNOLOGIES TO FACILITATE SEGMENTAL GROWTH
  • 9.3 ELECTRICAL & ELECTRONICS
    GROWING FOCUS ON REDUCING DOWNTIME AND IMPROVING PROCESS VISIBILITY TO DRIVE MARKET
  • 9.4 AEROSPACE & DEFENSE
    RISING NEED FOR PRECISION ENGINEERING AND HIGH-PERFORMANCE MATERIALS TO BOLSTER SEGMENTAL GROWTH
  • 9.5 OIL & GAS
    INCREASING RELIANCE ON ADVANCED TECHNOLOGIES FOR REAL-TIME MONITORING TO FUEL SEGMENTAL GROWTH
  • 9.6 CHEMICALS & FERTILIZERS
    GROWING EMPHASIS ON PRECISE CONTROL AND CONTINUOUS OPERATIONS OF COMPLEX, MULTI-STAGE PROCESSES TO SPUR DEMAND
  • 9.7 FOOD & BEVERAGES
    INCREASING NEED TO MAINTAIN STRICT REGULATORY COMPLIANCE TO CONTRIBUTE TO SEGMENTAL GROWTH
  • 9.8 PHARMACEUTICALS & MEDICAL DEVICES
    GROWING FOCUS ON HIGH-INTEGRITY DATA EXCHANGE ACROSS VARIOUS SYSTEMS TO BOOST SEGMENTAL GROWTH
  • 9.9 ENERGY & POWER
    RISING INTEGRATION OF RENEWABLE ENERGY INTO ELECTRICAL GRID TO FOSTER SEGMENTAL GROWTH
  • 9.10 METALS & MINING
    GROWING IMPORTANCE OF CONTINUOUS MONITORING AND PROCESS CONTROL TO AUGMENT SEGMENTAL GROWTH
  • 9.11 ENGINEERING & FABRICATION
    RISING NEED FOR REAL-TIME SYNCHRONIZATION OF MULTI-AXIS OPERATIONS TO FOSTER SEGMENTAL GROWTH
  • 9.12 WATER & WASTEWATER MANAGEMENT
    INCREASING DEPLOYMENT OF LOW-COST, LOW-POWER SENSORS AND EDGE-COMPUTING DEVICES TO FUEL SEGMENTAL GROWTH
  • 9.13 OTHER INDUSTRIES
    INDUSTRIAL COMMUNICATION MARKET, BY REGION
INDUSTRIAL COMMUNICATION MARKET, BY REGION
165
  • 10.1 INTRODUCTION
  • 10.2 NORTH AMERICA
    MACROECONOMIC OUTLOOK FOR NORTH AMERICA
    US
    - High concentration of large-scale industries to contribute to market growth
    CANADA
    - Rising deployment of automated manufacturing technologies to drive market
    MEXICO
    - Mounting investment in local manufacturing facilities to bolster market growth
  • 10.3 EUROPE
    MACROECONOMIC OUTLOOK FOR EUROPE
    UK
    - Increasing reliance on automation technologies to improve productivity and operational efficiency to drive market
    GERMANY
    - Rapid innovation of automobile technologies to boost market growth
    FRANCE
    - Rising implementation of smart factory initiatives to augment market growth
    SPAIN
    - Thriving automotive, consumer electronics, and pharmaceutical industries to contribute to market growth
    ITALY
    - Increasing adoption of Industry 4.0 practices by automobile manufacturers to fuel market growth
    POLAND
    - Rapid industrial automation through digital technology and foreign direct investments to bolster market growth
    NORDICS
    - Mounting adoption of smart grid technologies to accelerate market growth
    REST OF EUROPE
  • 10.4 ASIA PACIFIC
    MACROECONOMIC OUTLOOK FOR ASIA PACIFIC
    CHINA
    - Increasing deployment of Industry 4.0 technologies to fuel market growth
    JAPAN
    - Government initiatives to promote digital transformation to provide lucrative growth opportunities
    INDIA
    - Large-scale industrial development and high internet penetration to drive market
    SOUTH KOREA
    - Increasing production of electronic goods and semiconductors to accelerate market growth
    AUSTRALIA
    - Growing emphasis on automation and digital transformation to augment market growth
    INDONESIA
    - Rising adoption of Industry 4.0 technologies in industries to boost market growth
    MALAYSIA
    - Government-led automation initiatives to contribute to market growth
    THAILAND
    - Increasing development of smart factories to drive market
    VIETNAM
    - Increasing deployment of Ethernet-based industrial networks to foster market growth
    REST OF ASIA PACIFIC
  • 10.5 ROW
    MACROECONOMIC OUTLOOK FOR ROW
    SOUTH AMERICA
    - Burgeoning demand for 5G networks to augment market growth
    MIDDLE EAST
    - Bahrain
    - Kuwait
    - Oman
    - Qatar
    - Saudi Arabia
    - UAE
    - Rest of Middle East
    AFRICA
    - South Africa
    - Other African countries
COMPETITIVE LANDSCAPE
216
  • 11.1 OVERVIEW
  • 11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2025
  • 11.3 MARKET SHARE ANALYSIS, 2024
  • 11.4 REVENUE ANALYSIS, 2020–2024
  • 11.5 COMPANY VALUATION AND FINANCIAL METRICS
  • 11.6 TECHNOLOGY COMPARISON
  • 11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
    COMPANY FOOTPRINT: KEY PLAYERS, 2024
    - Company footprint
    - Region footprint
    - Communication protocol footprint
    - Offering footprint
    - Industry footprint
  • 11.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
    PROGRESSIVE COMPANIES
    RESPONSIVE COMPANIES
    DYNAMIC COMPANIES
    STARTING BLOCKS
    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
    - Detailed list of key startups/SMEs
    - Competitive benchmarking of key startups/SMEs
  • 11.9 COMPETITIVE SCENARIO
    PRODUCT LAUNCHES/DEVELOPMENTS
    DEALS
    EXPANSIONS
    OTHER DEVELOPMENTS
COMPANY PROFILES
264
  • 12.1 INTRODUCTION
  • 12.2 KEY PLAYERS
    CISCO SYSTEMS, INC.
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    SIEMENS
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    ROCKWELL AUTOMATION
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    OMRON CORPORATION
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    HUAWEI TECHNOLOGIES CO., LTD.
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    MOXA INC.
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    SICK AG
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    SCHNEIDER ELECTRIC
    - Business overview
    - Product/Services/Solutions Offered
    - Recent developments
    ABB
    - Business overview
    - Products/Services/Solutions Offered
    - Recent developments
    BELDEN INC.
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
  • 12.3 OTHER PLAYERS
    GE GRID SOLUTIONS, LLC
    ADVANTECH CO., LTD.
    IFM ELECTRONIC GMBH
    FANUC CORPORATION
    BOSCH REXROTH AG
    AAEON TECHNOLOGY INC.
    HMS NETWORKS
    HONEYWELL INTERNATIONAL INC.
    MITSUBISHI ELECTRIC CORPORATION
    TELEFONAKTIEBOLAGET LM ERICSSON
    HANS TURCK GMBH & CO. KG
    ACS MOTION CONTROL
    EATON
    BECKHOFF AUTOMATION
    HITACHI, LTD.
APPENDIX
355
  • 13.1 INSIGHTS FROM INDUSTRY EXPERTS
  • 13.2 DISCUSSION GUIDE
  • 13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
  • 13.4 CUSTOMIZATION OPTIONS
  • 13.5 RELATED REPORTS
  • 13.6 AUTHOR DETAILS
LIST OF TABLES
 
  • TABLE 1 LIST OF KEY SECONDARY SOURCES
  • TABLE 2 LIST OF PRIMARY INTERVIEW PARTICIPANTS
  • TABLE 3 KEY DATA FROM PRIMARY SOURCES
  • TABLE 4 INDUSTRIAL COMMUNICATION MARKET: RISK ANALYSIS
  • TABLE 5 AVERAGE SELLING PRICE OF INDUSTRIAL COMMUNICATION SOLUTIONS OFFERED BY KEY PLAYERS, BY COMPONENT TYPE, 2024 (USD)
  • TABLE 6 AVERAGE SELLING PRICE TREND OF GATEWAYS, BY REGION, 2020–2024 (USD)
  • TABLE 7 AVERAGE SELLING PRICE TREND OF SWITCHES, BY REGION, 2020–2024 (USD)
  • TABLE 8 PORTER’S FIVE FORCES ANALYSIS
  • TABLE 9 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES (%)
  • TABLE 10 KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES
  • TABLE 11 LIST OF KEY PATENTS, 2022–2024
  • TABLE 12 IMPORT DATA FOR HS CODE 853690-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD MILLION)
  • TABLE 13 EXPORT DATA FOR HS CODE 853690-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD MILLION)
  • TABLE 14 LIST OF KEY CONFERENCES AND EVENTS, 2025–2026
  • TABLE 15 MFN TARIFF FOR HS CODE 853690-COMPLIANT PRODUCTS, BY COUNTRY, 2024
  • TABLE 16 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 17 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 18 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 19 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 20 US-ADJUSTED RECIPROCAL TARIFF RATES, 2024
  • TABLE 21 INDUSTRIAL COMMUNICATION MARKET, BY OFFERING, 2021–2024 (USD MILLION)
  • TABLE 22 INDUSTRIAL COMMUNICATION MARKET, BY OFFERING, 2025–2030 (USD MILLION)
  • TABLE 23 COMPONENTS: INDUSTRIAL COMMUNICATION MARKET, BY TYPE, 2021–2024 (USD MILLION)
  • TABLE 24 COMPONENTS: INDUSTRIAL COMMUNICATION MARKET, BY TYPE, 2025–2030 (USD MILLION)
  • TABLE 25 COMPONENTS: INDUSTRIAL COMMUNICATION MARKET, BY TYPE, 2021–2024 (THOUSAND UNITS)
  • TABLE 26 COMPONENTS: INDUSTRIAL COMMUNICATION MARKET, BY TYPE, 2025–2030 (THOUSAND UNITS)
  • TABLE 27 INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 28 INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 29 FIELDBUS: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 30 FIELDBUS: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 31 FIELDBUS: INDUSTRIAL COMMUNICATION MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 32 FIELDBUS: INDUSTRIAL COMMUNICATION MARKET IN NORTH AMERICA, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 33 FIELDBUS: INDUSTRIAL COMMUNICATION MARKET IN EUROPE, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 34 FIELDBUS: INDUSTRIAL COMMUNICATION MARKET IN EUROPE, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 35 FIELDBUS: INDUSTRIAL COMMUNICATION MARKET IN ASIA PACIFIC, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 36 FIELDBUS: INDUSTRIAL COMMUNICATION MARKET IN ASIA PACIFIC, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 37 FIELDBUS: INDUSTRIAL COMMUNICATION MARKET IN ROW, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 38 FIELDBUS: INDUSTRIAL COMMUNICATION MARKET IN ROW, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 39 FIELDBUS: INDUSTRIAL COMMUNICATION MARKET, BY PROTOCOL TYPE, 2021–2024 (USD MILLION)
  • TABLE 40 FIELDBUS: INDUSTRIAL COMMUNICATION MARKET, BY PROTOCOL TYPE, 2025–2030 (USD MILLION)
  • TABLE 41 INDUSTRIAL ETHERNET: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 42 INDUSTRIAL ETHERNET: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 43 INDUSTRIAL ETHERNET: INDUSTRIAL COMMUNICATION MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 44 INDUSTRIAL ETHERNET: INDUSTRIAL COMMUNICATION MARKET IN NORTH AMERICA, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 45 INDUSTRIAL ETHERNET: INDUSTRIAL COMMUNICATION MARKET IN EUROPE, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 46 INDUSTRIAL ETHERNET: INDUSTRIAL COMMUNICATION MARKET IN EUROPE, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 47 INDUSTRIAL ETHERNET: INDUSTRIAL COMMUNICATION MARKET IN ASIA PACIFIC, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 48 INDUSTRIAL ETHERNET: INDUSTRIAL COMMUNICATION MARKET IN ASIA PACIFIC, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 49 INDUSTRIAL ETHERNET: INDUSTRIAL COMMUNICATION MARKET IN ROW, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 50 INDUSTRIAL ETHERNET: INDUSTRIAL COMMUNICATION MARKET IN ROW, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 51 INDUSTRIAL ETHERNET: INDUSTRIAL COMMUNICATION MARKET, BY PROTOCOL TYPE, 2021–2024 (USD MILLION)
  • TABLE 52 INDUSTRIAL ETHERNET: INDUSTRIAL COMMUNICATION MARKET, BY PROTOCOL TYPE, 2025–2030 (USD MILLION)
  • TABLE 53 WIRELESS: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 54 WIRELESS: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 55 WIRELESS: INDUSTRIAL COMMUNICATION MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 56 WIRELESS: INDUSTRIAL COMMUNICATION MARKET IN NORTH AMERICA, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 57 WIRELESS: INDUSTRIAL COMMUNICATION MARKET IN EUROPE, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 58 WIRELESS: INDUSTRIAL COMMUNICATION MARKET IN EUROPE, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 59 WIRELESS: INDUSTRIAL COMMUNICATION MARKET IN ASIA PACIFIC, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 60 WIRELESS: INDUSTRIAL COMMUNICATION MARKET IN ASIA PACIFIC, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 61 WIRELESS: INDUSTRIAL COMMUNICATION MARKET IN ROW, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 62 WIRELESS: INDUSTRIAL COMMUNICATION MARKET IN ROW, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 63 WIRELESS: INDUSTRIAL COMMUNICATION MARKET, BY PROTOCOL TYPE, 2021–2024 (USD MILLION)
  • TABLE 64 WIRELESS: INDUSTRIAL COMMUNICATION MARKET, BY PROTOCOL TYPE, 2025–2030 (USD MILLION)
  • TABLE 65 IO-LINK: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 66 IO-LINK: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 67 IO-LINK: INDUSTRIAL COMMUNICATION MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 68 IO-LINK: INDUSTRIAL COMMUNICATION MARKET IN NORTH AMERICA, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 69 IO-LINK: INDUSTRIAL COMMUNICATION MARKET IN EUROPE, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 70 IO-LINK: INDUSTRIAL COMMUNICATION MARKET IN EUROPE, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 71 IO-LINK: INDUSTRIAL COMMUNICATION MARKET IN ASIA PACIFIC, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 72 IO-LINK: INDUSTRIAL COMMUNICATION MARKET IN ASIA PACIFIC, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 73 IO-LINK: INDUSTRIAL COMMUNICATION MARKET IN ROW, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 74 IO-LINK: INDUSTRIAL COMMUNICATION MARKET IN ROW, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 75 INDUSTRIAL COMMUNICATION MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 76 INDUSTRIAL COMMUNICATION MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 77 AUTOMOTIVE: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 78 AUTOMOTIVE: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 79 ELECTRICAL & ELECTRONICS: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 80 ELECTRICAL & ELECTRONICS: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 81 AEROSPACE & DEFENSE: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 82 AEROSPACE & DEFENSE: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 83 OIL & GAS: INDUSTRIAL COMMUNICATION MARKET, BY REGION,2021–2024 (USD MILLION)
  • TABLE 84 OIL & GAS: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 85 CHEMICALS & FERTILIZERS: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 86 CHEMICALS & FERTILIZERS: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 87 FOOD & BEVERAGES: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 88 FOOD & BEVERAGES: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 89 PHARMACEUTICALS & MEDICAL DEVICES: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 90 PHARMACEUTICALS & MEDICAL DEVICES: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 91 ENERGY & POWER: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 92 ENERGY & POWER: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 93 METALS & MINING: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 94 METALS & MINING: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 95 ENGINEERING & FABRICATION: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 96 ENGINEERING & FABRICATION: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 97 WATER & WASTEWATER MANAGEMENT: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 98 WATER & WASTEWATER MANAGEMENT: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 99 OTHER INDUSTRIES: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 100 OTHER INDUSTRIES: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 101 INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 102 INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 103 NORTH AMERICA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 104 NORTH AMERICA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 105 NORTH AMERICA: INDUSTRIAL COMMUNICATION MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 106 NORTH AMERICA: INDUSTRIAL COMMUNICATION MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 107 NORTH AMERICA: INDUSTRIAL COMMUNICATION MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 108 NORTH AMERICA: INDUSTRIAL COMMUNICATION MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 109 US: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 110 US: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 111 CANADA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 112 CANADA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 113 MEXICO: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 114 MEXICO: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 115 EUROPE: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 116 EUROPE: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 117 EUROPE: INDUSTRIAL COMMUNICATION MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 118 EUROPE: INDUSTRIAL COMMUNICATION MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 119 EUROPE: INDUSTRIAL COMMUNICATION MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 120 EUROPE: INDUSTRIAL COMMUNICATION MARKET, BY INDUSTRY 2025–2030 (USD MILLION)
  • TABLE 121 UK: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 122 UK: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 123 GERMANY: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 124 GERMANY: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 125 FRANCE: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 126 FRANCE: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 127 SPAIN: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 128 SPAIN: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 129 ITALY: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 130 ITALY: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 131 POLAND: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 132 POLAND: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 133 NORDICS: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 134 NORDICS: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 135 REST OF EUROPE: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 136 REST OF EUROPE: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 137 ASIA PACIFIC: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 138 ASIA PACIFIC: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 139 ASIA PACIFIC: INDUSTRIAL COMMUNICATION MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 140 ASIA PACIFIC: INDUSTRIAL COMMUNICATION MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 141 ASIA PACIFIC: INDUSTRIAL COMMUNICATION MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 142 ASIA PACIFIC: INDUSTRIAL COMMUNICATION MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 143 CHINA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 144 CHINA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 145 JAPAN: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 146 JAPAN: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 147 INDIA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 148 INDIA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 149 SOUTH KOREA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 150 SOUTH KOREA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 151 AUSTRALIA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 152 AUSTRALIA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 153 INDONESIA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 154 INDONESIA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 155 MALAYSIA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 156 MALAYSIA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 157 THAILAND: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 158 THAILAND: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 159 VIETNAM: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 160 VIETNAM: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 161 REST OF ASIA PACIFIC: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 162 REST OF ASIA PACIFIC: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 163 ROW: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)
  • TABLE 164 ROW: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)
  • TABLE 165 ROW: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 166 ROW: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 167 ROW: INDUSTRIAL COMMUNICATION MARKET, BY INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 168 ROW: INDUSTRIAL COMMUNICATION MARKET, BY INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 169 MIDDLE EAST: INDUSTRIAL COMMUNICATION MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 170 MIDDLE EAST: INDUSTRIAL COMMUNICATION MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 171 AFRICA: INDUSTRIAL COMMUNICATION MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 172 AFRICA: INDUSTRIAL COMMUNICATION MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 173 INDUSTRIAL COMMUNICATION MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, JANUARY 2021–APRIL 2025
  • TABLE 174 INDUSTRIAL COMMUNICATION MARKET: DEGREE OF COMPETITION, 2024
  • TABLE 175 INDUSTRIAL COMMUNICATION MARKET: REGION FOOTPRINT
  • TABLE 176 INDUSTRIAL COMMUNICATION MARKET: COMMUNICATION PROTOCOL FOOTPRINT
  • TABLE 177 INDUSTRIAL COMMUNICATION MARKET: OFFERING FOOTPRINT
  • TABLE 178 INDUSTRIAL COMMUNICATION MARKET: INDUSTRY FOOTPRINT
  • TABLE 179 INDUSTRIAL COMMUNICATION MARKET: DETAILED LIST OF KEY STARTUPS/SMES
  • TABLE 180 INDUSTRIAL COMMUNICATION MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES
  • TABLE 181 INDUSTRIAL COMMUNICATION MARKET: PRODUCT LAUNCHES/DEVELOPMENTS, JANUARY 2021–APRIL 2025
  • TABLE 182 INDUSTRIAL COMMUNICATION MARKET: DEALS, JANUARY 2021–APRIL 2025
  • TABLE 183 INDUSTRIAL COMMUNICATION MARKET: EXPANSIONS, JANUARY 2021–APRIL 2025
  • TABLE 184 INDUSTRIAL COMMUNICATION MARKET: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2025
  • TABLE 185 CISCO SYSTEMS, INC.: COMPANY OVERVIEW
  • TABLE 186 CISCO SYSTEMS, INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 187 CISCO SYSTEMS, INC.: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 188 CISCO SYSTEMS, INC.: DEALS
  • TABLE 189 SIEMENS: COMPANY OVERVIEW
  • TABLE 190 SIEMENS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 191 SIEMENS: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 192 SIEMENS: DEALS
  • TABLE 193 ROCKWELL AUTOMATION: COMPANY OVERVIEW
  • TABLE 194 ROCKWELL AUTOMATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 195 ROCKWELL AUTOMATION: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 196 ROCKWELL AUTOMATION: DEALS
  • TABLE 197 ROCKWELL AUTOMATION: EXPANSIONS
  • TABLE 198 ROCKWELL AUTOMATION: OTHER DEVELOPMENTS
  • TABLE 199 OMRON CORPORATION: COMPANY OVERVIEW
  • TABLE 200 OMRON CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 201 OMRON CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 202 OMRON CORPORATION: DEALS
  • TABLE 203 HUAWEI TECHNOLOGIES CO., LTD.: COMPANY OVERVIEW
  • TABLE 204 HUAWEI TECHNOLOGIES CO., LTD.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 205 HUAWEI TECHNOLOGIES CO., LTD.: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 206 HUAWEI TECHNOLOGIES CO., LTD.: DEALS
  • TABLE 207 HUAWEI TECHNOLOGIES CO., LTD.: OTHER DEVELOPMENTS
  • TABLE 208 MOXA INC.: COMPANY OVERVIEW
  • TABLE 209 MOXA INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 210 MOXA INC.: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 211 MOXA INC.: DEALS
  • TABLE 212 MOXA INC.: OTHER DEVELOPMENTS
  • TABLE 213 SICK AG: COMPANY OVERVIEW
  • TABLE 214 SICK AG: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 215 SICK AG: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 216 SICK AG: DEALS
  • TABLE 217 SICK AG: EXPANSIONS
  • TABLE 218 SCHNEIDER ELECTRIC: COMPANY OVERVIEW
  • TABLE 219 SCHNEIDER ELECTRIC: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 220 SCHNEIDER ELECTRIC: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 221 SCHNEIDER ELECTRIC: DEALS
  • TABLE 222 SCHNEIDER ELECTRIC: EXPANSIONS
  • TABLE 223 ABB: COMPANY OVERVIEW
  • TABLE 224 ABB: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 225 ABB: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 226 ABB: DEALS
  • TABLE 227 ABB: EXPANSIONS
  • TABLE 228 ABB: OTHER DEVELOPMENTS
  • TABLE 229 BELDEN INC.: COMPANY OVERVIEW
  • TABLE 230 BELDEN INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 231 BELDEN INC.: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 232 BELDEN INC.: DEALS
  • TABLE 233 BELDEN INC.: EXPANSIONS
LIST OF FIGURES
 
  • FIGURE 1 INDUSTRIAL COMMUNICATION MARKET SEGMENTATION AND REGIONAL SCOPE
  • FIGURE 2 INDUSTRIAL COMMUNICATION MARKET: RESEARCH DESIGN
  • FIGURE 3 INDUSTRIAL COMMUNICATION MARKET: RESEARCH APPROACH
  • FIGURE 4 KEY DATA FROM SECONDARY SOURCES
  • FIGURE 5 KEY INDUSTRY INSIGHTS
  • FIGURE 6 BREAKDOWN OF PRIMARIES
  • FIGURE 7 INDUSTRIAL COMMUNICATION MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE)
  • FIGURE 8 INDUSTRIAL COMMUNICATION MARKET SIZE ESTIMATION METHODOLOGY (DEMAND SIDE)
  • FIGURE 9 INDUSTRIAL COMMUNICATION MARKET: BOTTOM-UP APPROACH
  • FIGURE 10 INDUSTRIAL COMMUNICATION MARKET: TOP-DOWN APPROACH
  • FIGURE 11 INDUSTRIAL COMMUNICATION MARKET: DATA TRIANGULATION
  • FIGURE 12 INDUSTRIAL COMMUNICATION MARKET: RESEARCH ASSUMPTIONS
  • FIGURE 13 INDUSTRIAL COMMUNICATION MARKET: RESEARCH LIMITATIONS
  • FIGURE 14 INDUSTRIAL COMMUNICATION MARKET SIZE, 2021–2030
  • FIGURE 15 PHARMACEUTICALS & MEDICAL DEVICES SEGMENT TO EXHIBIT HIGHEST CAGR BETWEEN 2025 AND 2030
  • FIGURE 16 INDUSTRIAL ETHERNET SEGMENT TO DOMINATE INDUSTRIAL COMMUNICATION MARKET DURING FORECAST PERIOD
  • FIGURE 17 COMPONENTS SEGMENT TO HOLD LARGEST SHARE OF INDUSTRIAL COMMUNICATION MARKET IN 2025
  • FIGURE 18 ASIA PACIFIC TO RECORD HIGHEST CAGR IN INDUSTRIAL COMMUNICATION MARKET FROM 2025 TO 2030
  • FIGURE 19 MOUNTING ADOPTION OF INDUSTRY 4.0 INITIATIVES TO CONTRIBUTE TO MARKET GROWTH
  • FIGURE 20 SERVICES SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030
  • FIGURE 21 INDUSTRIAL ETHERNET SEGMENT TO DOMINATE MARKET BETWEEN 2025 AND 2030
  • FIGURE 22 AUTOMOTIVE SEGMENT TO HOLD LARGEST MARKET SHARE IN 2030
  • FIGURE 23 ASIA PACIFIC TO HOLD LARGEST SHARE OF INDUSTRIAL COMMUNICATION MARKET IN 2030
  • FIGURE 24 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  • FIGURE 25 IMPACT ANALYSIS OF DRIVERS
  • FIGURE 26 ANNUAL INSTALLATION OF INDUSTRIAL ROBOTS, BY INDUSTRY, 2023
  • FIGURE 27 IMPACT ANALYSIS OF RESTRAINTS
  • FIGURE 28 IMPACT ANALYSIS OF OPPORTUNITIES
  • FIGURE 29 IMPACT ANALYSIS OF CHALLENGES
  • FIGURE 30 VALUE CHAIN ANALYSIS
  • FIGURE 31 AVERAGE SELLING PRICE OF INDUSTRIAL COMMUNICATION SOLUTIONS OFFERED BY KEY PLAYERS, BY COMPONENT TYPE, 2024
  • FIGURE 32 AVERAGE SELLING PRICE TREND OF GATEWAYS, BY REGION, 2020–2024
  • FIGURE 33 AVERAGE SELLING PRICE TREND OF SWITCHES, BY REGION, 2020–2024
  • FIGURE 34 PORTER’S FIVE FORCES ANALYSIS
  • FIGURE 35 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES
  • FIGURE 36 KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES
  • FIGURE 37 PATENTS APPLIED AND GRANTED, 2015–2024
  • FIGURE 38 IMPORT DATA FOR HS CODE 853690-COMPLIANT PRODUCTS FOR TOP FIVE COUNTRIES, 2020–2024
  • FIGURE 39 EXPORT DATA FOR HS CODE 853690-COMPLIANT PRODUCTS FOR TOP FIVE COUNTRIES, 2020–2024
  • FIGURE 40 INVESTMENT AND FUNDING SCENARIO, 2020–2024
  • FIGURE 41 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • FIGURE 42 INDUSTRIAL COMMUNICATION ECOSYSTEM
  • FIGURE 43 IMPACT OF AI/GEN AI ON INDUSTRIAL COMMUNICATION MARKET
  • FIGURE 44 COMPONENTS SEGMENT TO ACCOUNT FOR LARGEST SHARE OF INDUSTRIAL COMMUNICATION MARKET IN 2025
  • FIGURE 45 INDUSTRIAL ETHERNET SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
  • FIGURE 46 AUTOMOTIVE SEGMENT TO DOMINATE INDUSTRIAL COMMUNICATION MARKET BETWEEN 2025 AND 2030
  • FIGURE 47 ASIA PACIFIC TO RECORD HIGHEST CAGR IN INDUSTRIAL COMMUNICATION MARKET BETWEEN 2025 AND 2030
  • FIGURE 48 INDIA TO EXHIBIT HIGHEST CAGR IN GLOBAL INDUSTRIAL COMMUNICATION MARKET DURING FORECAST PERIOD
  • FIGURE 49 NORTH AMERICA: INDUSTRIAL COMMUNICATION MARKET SNAPSHOT
  • FIGURE 50 EUROPE: INDUSTRIAL COMMUNICATION MARKET SNAPSHOT
  • FIGURE 51 ASIA PACIFIC: INDUSTRIAL COMMUNICATION MARKET SNAPSHOT
  • FIGURE 52 ROW: INDUSTRIAL COMMUNICATION MARKET SNAPSHOT
  • FIGURE 53 MARKET SHARE ANALYSIS OF COMPANIES OFFERING INDUSTRIAL COMMUNICATION SOLUTIONS, 2024
  • FIGURE 54 INDUSTRIAL COMMUNICATION MARKET: REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2020–2024
  • FIGURE 55 COMPANY VALUATION
  • FIGURE 56 FINANCIAL METRICS
  • FIGURE 57 TECHNOLOGY COMPARISON
  • FIGURE 58 INDUSTRIAL COMMUNICATION MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024
  • FIGURE 59 INDUSTRIAL COMMUNICATION MARKET: COMPANY FOOTPRINT
  • FIGURE 60 INDUSTRIAL COMMUNICATION MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024
  • FIGURE 61 CISCO SYSTEMS, INC.: COMPANY SNAPSHOT
  • FIGURE 62 SIEMENS: COMPANY SNAPSHOT
  • FIGURE 63 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
  • FIGURE 64 OMRON CORPORATION: COMPANY SNAPSHOT
  • FIGURE 65 HUAWEI TECHNOLOGIES CO., LTD.: COMPANY SNAPSHOT
  • FIGURE 66 SICK AG: COMPANY SNAPSHOT
  • FIGURE 67 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
  • FIGURE 68 ABB: COMPANY SNAPSHOT
  • FIGURE 69 BELDEN INC.: COMPANY SNAPSHOT

The study involved major activities in estimating the current market size for the industrial communication market. Exhaustive secondary research was done to collect information on the market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain using primary research. Different approaches, such as top-down and bottom-up, were employed to estimate the total market size. After that, the market breakup and data triangulation procedures were used to estimate the market size of the segments and subsegments of the industrial communication market.

Secondary Research

The secondary research for this study involved gathering information from various credible sources. These included company annual reports, investor presentations, press releases, whitepapers, certified publications, and articles from reputable associations and government publications. Additional data was obtained from corporate filings, professional and trade associations, journals, and industry-recognized authors. Research from consortiums, councils, and gold- and silver-standard websites, directories, and databases also contributed to the qualitative framework. Key global sources such as the International Trade Centre (ITC) and the International Monetary Fund (IMF) were consulted to support and validate the market analysis.

Primary Research

Extensive primary research was accomplished after understanding and analyzing the industrial communication market scenario through secondary research. Several primary interviews were conducted with key opinion leaders from demand- and supply-side vendors across four major regions—North America, Europe, Asia Pacific, and RoW. Approximately 20% of the primary interviews were conducted with the demand side and 80% with the supply side. Primary data was collected through questionnaires, e-mails, and telephonic interviews. Various departments within organizations, such as sales, operations, and administration, were contacted to provide a holistic viewpoint in the report.

Industrial Communication Market
 Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the industrial communication market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

Industrial Communication Market : Top-Down and Bottom-Up Approach

Industrial Communication Market Top Down and Bottom Up Approach

Data Triangulation

After arriving at the overall size of the industrial communication market through the process explained above, the overall market has been split into several segments. Data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all the segments, wherever applicable. The data has been triangulated by studying various factors and trends from the demand and supply sides. The market has also been validated using top-down and bottom-up approaches.

Market Definition

Industrial communication is the interaction of information and data between control systems, machines, and human beings within industries, making the operations automated, reliable, and efficient. Industrial communication is the backbone of the modern process industries and manufacturing through real-time monitoring, control, and coordination among equipment and systems. In contrast to general-purpose communications networks, industrial communication systems are intended to fulfill the particular needs of industrial environments, such as high reliability, low latency, and durability under harsh conditions, making them crucial for implementing Industry 4.0 and smart factory strategies.

Key Stakeholders

  • Brand Product Manufacturers/Original Equipment Manufacturers (OEMs)/Original Device Manufacturers (ODMs)
  • Industrial Communications Product Manufacturers
  • Semiconductor Component Suppliers/Foundries
  • Industrial Communication Material and Component Suppliers
  • Manufacturing Equipment Suppliers
  • System Integrators
  • Technology/IP Developers
  • Consulting and Market Research Service Providers
  • Industrial Communications and Material-related Associations, Organizations, Forums, and Alliances
  • Venture Capitalists and Startups
  • Research and Educational Institutes
  • Distributors and Resellers
  • End Users

Report Objectives

  • To define, describe, and forecast the industrial communication market size, by offering, communication protocol, and industry, in terms of value
  • To describe and forecast the market size for four key regions: North America, Europe, Asia Pacific, and the RoW, in terms of value
  • To define, describe, and forecast the industrial communication market size, by component (gateways and switches), in terms of volume
  • To provide detailed insights regarding drivers, restraints, opportunities, and challenges influencing the growth of the market
  • To analyze emerging applications and standards in the industrial communication market
  • To examine manufacturers of industrial communication solutions, their strategies, production plans, and the overall value chain, including material and component suppliers
  • To strategically analyze the micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market
  • To analyze the market opportunities for stakeholders and provide a comprehensive competitive landscape analysis
  • To provide a detailed overview of the industrial communication ecosystem
  • To provide a detailed overview of the impact of AI/Gen AI, macroeconomic outlook for all regions, and the 2025 US tariff impact on the industrial communication market
  • To provide information about the key technology trends, trade analysis, and patents related to the industrial communication market
  • To strategically analyze average selling price trends, trends impacting customer business, regulatory landscape, patent landscape, Porter’s five forces, import and export scenarios, trade landscape, and case studies pertaining to the market under study
  • To benchmark the market players using the proprietary company evaluation matrix framework, which analyzes them on various parameters within the broad categories of market ranking/share and product portfolio
  • To analyze competitive developments, such as partnerships, acquisitions, expansions, collaborations, and product launches, in the market
  • To strategically profile key players and analyze their market share, ranking, and core competencies

Available Customizations

With the market data given, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to 7)

Previous Versions of this Report

Industrial Communication Market by Components (Switches, Gateways, Power Supply Devices, Router & WAP, Communication Interface & Protocol Converters, Controllers), Software, Services, Communication Protocol, Vertical and Region - Global Forecast to 2028

Report Code SE 4645
Published in Jun, 2023, By MarketsandMarkets™

Industrial Communication Market by Offering (Component, Software and Services), Communication Protocol (Fieldbus, Industrial Ethernet and Wireless), Vertical (Automotive, Engineering/Fabrication) and Region - Global Forecast to 2027

Report Code SE 4645
Published in Jun, 2022, By MarketsandMarkets™

Industrial Communication Market with COVID-19 impact by Offering (Components, Softwares and Services), Communication Protocol (Fieldbus, Industrial ethernet and Wireless), End-use application, and Region - Global Forecast to 2025

Report Code SE 4645
Published in Oct, 2020, By MarketsandMarkets™

Industrial Communication Market by Offering (Components, Software, and Services), Communication Protocol (Fieldbus, Industrial Ethernet, and Wireless), End-Use Application (Automotive, Oil & Gas, Food & Beverages) and Geography - Global Forecast to 2023

Report Code SE 4645
Published in Nov, 2018, By MarketsandMarkets™

Industrial Communication Market by Offering (Components, Software, and Services), Communication Protocol (Fieldbus, Industrial Ethernet, and Wireless), End-Use Application (Automotive, Oil & Gas, Food & Beverages) and Geography - Global Forecast to 2023

Report Code SE 4645
Published in Oct, 2016, By MarketsandMarkets™
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Growth opportunities and latent adjacency in Industrial Communication Market

User

Sep, 2019

I am Interested in undertanding the total global industrial communications market in terms of volume and size. I am also interested in understanding the competitive landscape of market players for the industrial communication market and the key strategies adopted by them in this market..

User

Sep, 2019

I am interested in understanding the market for industrial communication in Europe. Also, I would like to know more about the industrial communication equipment market for specific countries in Europe and if these include communication protocol..

User

Sep, 2019

I am looking for in-depth analysis on the industrial communication market. Can you help me with the scope of the industrial communication market? I would like to know more about the segments covered in the report. I would also like to understand the research methodology used to arrive at the market size..

User

Sep, 2019

We would like to understand the ecosystem for the industrial communication market and the major product offerings of leading players in this market, along with the key strategies adopted by them. I am also looking for some use cases specific to industrial ethernet..

User

May, 2019

I would like to know the overall scope of the industrial communication market report in terms of the industries covered and the type of components, software, and services that are included in the report. Also, I would like to know if metal is included in the mining sector, and, if not, can you provide market sizing for the steel and metal industry?.

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