Industrial Communication Market

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 Nov, 2018, by marketsandmarkets.com
Updated date -

The industrial communication market is expected to be worth USD 141.0 billion by 2023, growing at a CAGR of 11.1% during 2018–2023.

Rise of digital industrial technology—Industry 4.0, and initiatives of governments across the world toward the adoption of industrial automation are some of the major factors driving the growth of the market. The objective of the report is to define, describe, and forecast the industrial communication market size based on offering, communication protocol, end-use industry and region.

Industrial Communication Market

Industrial communication market for wireless communication protocol to grow at highest rate during forecast period

The number of wireless connections in industrial applications has increased considerably over the past few years as a result of improved network coverage, quality of transmission, and bandwidth capacity. Advancements in wireless communication technologies, especially in the wireless highway addressable remote transducer (WHART), cellular, and wireless local area network (WLAN), are helping manufacturing companies to remotely monitor their assets from anywhere in the world.

Industrial communication market for water and wastewater application to grow at the highest CAGR between 2018 and 2023

There is a growing demand for effective industrial communication in the water and wastewater industry with the rising need to manage and increase the efficiency of the plants in response to the increasing water scarcity and growing complexity of water management in water utilities and plants. Rain gauges and smart flow-meters are the most commonly used instruments in the water facilities. Water level monitoring sensors, AC drives, and controllers are crucial components of the water treatment systems, and the industrial communication network is used to facilitate communication among these devices.

Industrial Communication Market

APAC to hold largest size of Industrial communication market by 2023

Growing manufacturing sector in APAC countries such as China, Japan, and South Korea is expected to contribute to the growth of the industrial communication market in this region during the forecast period. China is a global manufacturing hub for semiconductor and automotive manufacturers. Rapidly growing automotive industry in China is likely to create growth opportunities for the market players in this country. The manufacturing companies in APAC extensively adopt smart factory concept for implementing advanced manufacturing technologies on the factory floor. This innovative concept has transformed the manufacturing sector in APAC and has increased the implementation of smart automation in factories. The growing acceptance of Industrial Revolution 4.0 in APAC is also one of the factors driving the growth of the market in this region.

Industrial communication Market Dynamics

Driver: Rise of Industrial Revolution 4.0      

Industry 4.0 refers to the new digital industrial technology wherein sensors, machines, and IT systems would be connected along the value chain beyond a single enterprise. These connected systems interact with one another using standard Internet-based protocols and analyze data to predict failure and accordingly configure the variations in the data. The fourth industrial revolution would make it possible to gather and analyze data across machines, thereby enabling faster, flexible, and efficient processes to produce higher-quality products at reduced costs. This would help increase the manufacturing productivity and foster industrial growth. It would also boost the use of digital industrial network protocols, such as FOUNDATION Fieldbus and Wireless HART. The impact of this factor on the market growth is expected to be high. As part of the promotion of Industrial Revolution 4.0, the European Union (EU) decided to support the smart use of information and communications technology (ICT) and the integration of micro, small, and medium-sized enterprises (SMEs) into digital value chains during 2008–2014 through its Horizon 2020, which is the EU funding program for research and innovation.

Restraint: Lack of standardization among equipment manufacturers.

A preliminary problem of many industrial devices and equipment is the lack of standardization with regard to their design and use. At present, the market has a notable number of vendor-specific industrial communication protocols. This leads to the cases of mismatch in many of the existing databases. There are many communication protocols that are being used in industrial communication, and there are a few vendors offering communication modules capable of supporting most of these protocols. On the other hand, many vendors offer customized communication modules supporting a few communication protocols. Thus, the end users may find it difficult to switch to other protocols depending on their requirements. The lack of standardization with respect to technology complicates the integration of systems and hinders the plug-and-play capabilities between the communication devices. For example, many vendors offer hardware systems required for industrial wireless sensor networks (IWSN), but the end users often need to deploy software from other vendors. In such a scenario, it is highly essential to come up with a complete solution or allow a broader compatibility and a higher degree of flexibility in terms of operation and design. The impact of this restraint is expected to remain medium during the forecast period.

Opportunity: Rising demand for wireless networks

The rapid growth in the demand for wireless technologies, such as Bluetooth smart, WirelessHART, WLAN, and ZigBee, is opening up new growth opportunities for the industrial communication market, mainly for the oil & gas, electronics, and energy & power generation industries. ZigBee technology helps drive the market for low-cost wireless network solutions. The ZigBee IEEE 802.15.4 technology has been adopted by many organizations worldwide. WirelessHART-enabled communication is becoming one of the most widely used options for signal transmission in the process industry using proven HART communication. WLAN (IEEE 802.11) is used for high-performance infrastructure networks that are also suitable for industrial applications. Moreover, advancements in wireless communication technologies, especially cellular technologies, are helping various industries to monitor their assets all over the world. 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 installation of 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. These new technologies are expected to drive the overall market in the coming future.

Challenge: Threats related to cybersecurity

The increasing cybersecurity threats pose a major challenge for the industrial communication solution providers due to the ever-increasing instances of virus attacks and hacking. Vital information in computer systems may be tampered by malicious viruses, which can cause a major loss to industries. Thus, the entire information flow could be disrupted if communication software systems are not protected with the proper security measures. There is an increasing dependence on web-based communication and off-the-shelf IT solutions that are being used extensively in the industrial sector. The industries implementing such communications are, therefore, prone to malware targeted at industrial systems. With the rise in cyber-attacks over the past decade on critical infrastructure, cyber-security is becoming a central concern among industrial automation users and vendors. For instance, Ransomware is a type of computer malware that has replaced the advanced persistent threat (APT) network attacks. This attack was detected in the last decade and is considered to be one of the major cyber-security threats today. The impact of this challenge is expected to be medium during the forecast period.

Industrial Communication Market

Scope of the Industrial Communication Market Report

Report Metric

Details

Report Name

Industrial Communication Market

Base Year Considered

2017

Forecast period

2018–2023

Forecast units

Value (USD)

Segments covered

Offering, Communication Protocol, End-Use Application, and Region

Geographies covered

North America, Europe, APAC, and RoW

Companies covered

OMRON Corporation (Japan), Schneider Electric SE (France), Siemens AG (Germany), ABB LTD. (Switzerland), Rockwell Automation, Inc. (US), Advantech Co., Ltd. (Taiwan), ifm electronic gmbh (Germany), HMS Industrial Networks (Sweden), Cisco Systems, Inc. (US), Moxa Inc. (US), and Belden Inc. (US)

This report categorizes the industrial communication market based on offering, communication protocol, end-use application, and geography.

On the basis of Offering, the Industrial Communication market has been segmented as follows:

  • Components
    • Switches
    • Hubs, Routers, & Gateways
    • Connectors
    • Communication Interfaces
    • Power Supply Devices
    • Controllers And Processors
    • Memory
    • Isolators & Convertors
    • Others
  • Software
  • Services

On the basis of Communication Protocol, the Industrial Communication market has been segmented as follows:

  • Fieldbus
    • FOUNDATION fieldbus/HART
    • PROFIBUS
    • Modbus
    • CC-Link
    • DeviceNet
    • CANopen
    • INTER-BUS 
    • Others
  • Industrial Ethernet
    • PROFINET
    • EtherNet/IP
    • EtherCAT
    • Modbus-TCP
    • POWERLINK
    • SERCOS III
    • CC-Link IE
  • Wireless
    • WLAN
    • Bluetooth
    • ISA-100.11a
    • Cellular
    • ZigBee
    • WHART

On the basis of End-Use application, the Industrial Communication market has been segmented as follows:

  • Automotive & Transportation
  • Electrical & Electronics
  • Aerospace & Defense
  • Oil & Gas
  • Water & Wastewater
  • Food & Beverages
  • Pharmaceutical
  • Energy & Power
  • Mining
  • Chemicals & Fertilizers
  • Engineering/Fabrication
  • Others  

On the basis of Region, the Industrial Communication market has been segmented as follows:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe (RoE)
  • Asia Pacific (APAC)
    • China
    • Japan
    • South Korea
    • India
    • Rest of APAC (RoAPAC)
  • Rest of the World (RoW)
    • South America
    • Middle East
    • Africa

Key Market Players in Industrial Communication Market

Major players in the Industrial Communication market are OMRON Corporation (Japan), Schneider Electric SE (France), Siemens AG (Germany), ABB LTD. (Switzerland), Rockwell Automation, Inc. (US), Advantech Co., Ltd. (Taiwan), IFM electronic Gmbh (Germany), HMS Industrial Networks (Sweden), Cisco Systems, Inc. (US), Moxa Inc. (US), and Belden Inc. (US).

OMRON Corporation (Japan) was ranked first in the industrial communication market. OMRON manufactures and sells market-leading sensing and control products in ~117 countries globally. OMRON’s strengths and represent potentially large growing markets including, factory automation, healthcare, mobility, and energy management. The innovative automation technology implemented by the company helps its Industrial Automation Business to deliver a stream of value-added products to its customers.

Recent Developments in Industrial Communication Market

  • In August 2018, OMRON Corporation (Japan) launched its new NX-series Safety Network Controller, supporting 2 safety protocols: CIP Safety*2 that is adopted by industrial robot manufacturers and Safety over EtherCAT*3 (FSoE) that provides high-speed response capabilities.
  • In May 2018, Siemens AG (Germany) launched Industrial Ethernet switches with special functions for the process industry. The firmware functions (Profinet S2 device, H-Sync, and configuration in Run/CiR/H-CiR) in interaction with the Simatic PCS 7 process control system make the new products suitable for the flexible, reliable, and high-performance networking of process automation devices.
  • In April 2018, Rockwell Automation, Inc. (US) launched the Allen-Bradley Guardmaster GuardLink safety system, a new safety-based communications protocol that helps operators improve machine diagnostics and reduce downtime while increasing productivity.

Critical Questions the Report Answers:

  • Where will all these developments take the industry in the long term?
  • What are the upcoming trends for the market?
  • Which segment provides the most opportunity for growth?
  • Who are the leading vendors operating in this market?
  • What are the opportunities for new market entrants?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 19)
    1.1 Study Objectives
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered
    1.4 Currency
    1.5 Stakeholders

2 Research Methodology (Page No. - 23)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions
    2.5 Limitations

3 Executive Summary (Page No. - 31)

4 Premium Insights (Page No. - 35)
    4.1 Attractive Opportunity in Industrial Communication Market
    4.2 Market, By Offering
    4.3 Market Share,  By Region (2018 Vs. 2023)
    4.4 Electrical and Electronics to Hold Largest Share of Market in APAC By 2018
    4.5 Market,  By Geography (USD Billion)

5 Market Overview (Page No. - 39)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Need for Scalable, Faster, Reliable, and Interoperable Communication Protocols
                    5.2.1.2 Rise of Industrial Revolution 4.0
                    5.2.1.3 Increasing Machine-To-Machine Communication
                    5.2.1.4 Government Initiatives to Support Industrial Automation
           5.2.2 Restraints
                    5.2.2.1 Lack of Standardization Among Equipment Manufacturers
           5.2.3 Opportunities
                    5.2.3.1 Growing Adoption of Industrial Internet of Things (Iiot)
                    5.2.3.2 Rising Demand for Wireless Networks
           5.2.4 Challenges
                    5.2.4.1 Threats Related to Cybersecurity
                    5.2.4.2 Harsh Field Site Conditions Such as High-Voltage Transients, Severe Shocks and Vibrations, and Extremely High Temperatures

6 Industrial Communication Market, By Offering (Page No. - 45)
    6.1 Introduction
    6.2 Components
           6.2.1 Market for Industrial Controllers and Processors to Witness Significant Growth During Forecast Period
           6.2.2 Switches
                    6.2.2.1 Rising Adoption of Ethernet Protocol to Propel the Growth of Market for Industrial Communication Switches During Forecast Period
           6.2.3 Hubs, Routers, and Gateways
                    6.2.3.1 Increasing use of More Than One Communication Protocol in Industrial Communication to Drive Growth of Market for Gateways and Routers During Forecast Period
           6.2.4 Connectors
                    6.2.4.1 Square Subscriber Connectors (SCS), Also Standard Connectors, are More Popular in North America While Round Straight Tip (St) Connectors are More Popular in Europe
           6.2.5 Communication Interfaces
                    6.2.5.1 Growing Market for Industrial Pcs to Drive Growth of Communication Interfaces
           6.2.6 Power Supply Devices
                    6.2.6.1 Growing Need for Efficient Battery Charging, Power-Source Selection, and Voltage Scaling in Field Devices to Propel Growth of Market for Power Supply Devices.
           6.2.7 Controllers and Processors
                    6.2.7.1 Growing Need to Control, Monitor, and Record Field-Level Data Automatically Within Industrial Communication Network Driving Market for Controllers and Processors
           6.2.8 Memory
                    6.2.8.1 Migration Toward Solid-State Drive (Ssd) From Hard Disk Drive (Hdd) to Drive Market for Memory
           6.2.9 Isolators and Convertors
                    6.2.9.1 Increase in use of Optical Isolators in Ethernet Industrial Communication Protocol to Drive Market for Isolators and Convertors
           6.2.10 Others
    6.3 Software
           6.3.1 Increasing Importance of Network-Management Software With the Growing Network Complexity, to Ensure the Smooth Functioning of the Industrial Communication Network, Driving Industrial Communication Software Market
    6.4 Services
           6.4.1 Growing Focus Toward Comprehensive Industrial Communication Solution From Tier 1 Players to Drive Industrial Communication Services Market

7 Industrial Communication Market,  By Communication Protocol (Page No. - 57)
    7.1 Introduction
    7.2 Fieldbus
           7.2.1 Growing Demand From Process Industries in Developing Countries to Drive Growth of Market for Fieldbus Devices During Forecast Period
           7.2.2 Foundation Fieldbus and Hart
                    7.2.2.1 Growing Adoption in Iron and Steel, Oil and Gas, and Chemicals Industries to Drive Growth of Market for Foundation Fieldbus During Forecast Period
           7.2.3 Profibus
                    7.2.3.1 Profibus is One of the Most Widely Recognized Fieldbus Standards Worldwide
           7.2.4 Modbus
                    7.2.4.1 Ease of use and Superior Reliability to Drive Market for Modbus Protocol
           7.2.5 CC- Link
                    7.2.5.1 Rising Adoption of CC-Link in Process Industries to Boost Market for CC-Link Communication Protocol During Forecast Period
           7.2.6 Devicenet
                    7.2.6.1 Devicenet is Low-Cost and Robust Industrial Communication Protocol Compared to Other Traditional Communication Protocols
           7.2.7 Canopen
                    7.2.7.1 Growing use in Motion Control Application to Fuel Growth of Market for Canopen During Forecast Period
           7.2.8 Interbus
                    7.2.8.1 Significant Penetration Interbus is Attributed to Availability of Interbus Capable Hardware Offered By Tier 1 and Tier 2 Industrial Communication Equipment Vendors
           7.2.9 Others
    7.3 Industrial Ethernet
           7.3.1 Higher Speed, Increased Connection Distance, and Ability to Connect More Nodes Fueling Market for Industrial Ethernet
           7.3.2 Profinet
                    7.3.2.1 Profinet Emerged as Promising Alternative to Ethernet/IP Communication Protocol
           7.3.3 Ethernet/IP
                    7.3.3.1 Wide use of Ethernet/IP in Range of Industries, Including Hybrid and Process Industries, Makes It One of the Prominent Industrial Protocols
           7.3.4 Ethercat
                    7.3.4.1 Ability to Connect Entire Automation Systems in Real Time Expected to Drive Market for Ethercat During the Forecast Period
           7.3.5 Modbus - TCP
                    7.3.5.1 APAC to Lead Modbus – TCP Market By 2023
           7.3.6 Powerlink
                    7.3.6.1 Automotive, Chemicals, and Mining Industries to be Leading Contributors to Market for Powerlink Industrial Communication Protocol By 2023
           7.3.7 Sercos III
                    7.3.7.1 Higher Transfer and Operation Speed of Sercos III Compared to Many Other Ethernet Communication Protocols is Expected to Drive the Growth During Forecast Period.
           7.3.8 CC–Link IE
                    7.3.8.1 Growing Demand in Process Automation Applications to Boost Market for CC-Link IE During Forecast Period
    7.4 Wireless
           7.4.1 Rising Adoption of Wireless Communication Protocol in Remote Control and Remote Maintenance Systems  Driving Growth of Wireless Industrial Communication Market
           7.4.2 Wlan
                    7.4.2.1 Ease of Installation and Use, and Improved Reliability of Wlan Systems in Industrial Application Likely to Drive Wlan Industrial Communication Market During Forecast Period
           7.4.3 Isa100.11a
                    7.4.3.1 Superior Multicasting and Efficient Routing Due to Reduced Routing Table Size Contribute to Growth of Market for Isa100.11a Communication Protocol
           7.4.4 Cellular
                    7.4.4.1 Rising Demand for Extended Network Coverage and Capacity to Accommodate Large Number of Connected Devices in Industries to Boost Cellular Industrial Communication Market During Forecast Period
           7.4.5 WHART
                    7.4.5.1 WHART Protocol is Ideal Solution for Diagnostic Information in Digital Form While Retaining Compatibility With Legacy Automation Architectures
           7.4.6 Zigbee
                    7.4.6.1 Advantages Such as Easy Network Expansion, Low Power Consumption, Good Coverage Area, and Reliable Network Structure Encourage use of Zigbee for Large Networks
           7.4.7 Others

8 Industrial Communication Market,  By End-Use Application (Page No. - 80)
    8.1 Introduction
    8.2 Automotive and Transportation
           8.2.1 Intense Competition in Automotive Industry Leading to Surge in Demand for Efficient Industrial Communication to Streamline Production Processes
    8.3 Electrical and Electronics
           8.3.1 Shift From Fieldbus to Ethernet Communication Protocol to Propel Growth of Market for Electrical and Electronics Industries
    8.4 Aerospace & Defense
           8.4.1 Essentiality of Cost Optimization Through Automation and Industry 4.0 in Aerospace and Defense Industry to Raise Demand for Industrial Communication Technologies
    8.5 Oil & Gas
           8.5.1 Increasing Demand for Automation in Oil & Gas Industry to Propel Adoption of Advanced Industrial Communication Technologies
    8.6 Chemicals and Fertilizers
           8.6.1 Growing Need for Remote Diagnostics of Sensor Nodes and Actuators Boosts Adoption of Advanced Industrial Communication Technologies in Chemicals Industry
    8.7 Food & Beverages
           8.7.1 High Demand for Automation Technology Driven By Stringent Regulations Related to Food Quality and Safety Fuels Industrial Communication Market for Food and Beverages Industry
    8.8 Pharmaceutical
           8.8.1 Intense Competition, Higher Production Requirements, and Strict Regulatory Environment, Etc., to Promote Adoption of Technologically Advanced Communication Systems in Pharmaceutical Industry
    8.9 Energy & Power
           8.9.1 Rising Implementation of Industry 4.0 Acts as Catalyst for Growth of Market for Energy and Power Industry
    8.1 Mining
           8.10.1 Industrial Communication and Automation Technologies Gaining Traction in Mining Industry for Improving Safety, Increasing Production, and Reducing Operating Costs
    8.11 Engineering/Fabrication
           8.11.1 Ethernet Communication Protocol Likely to Surpass Share of Fieldbus Industrial Communication in Market for Engineering/Fabrication Applications By 2023
    8.12 Water and Wastewater
           8.12.1 Growing Adoption of New Technologies, Such as IoT and Industry 4.0, in Water and Wastewater Operations Driving More Focus Toward use of Secure and Reliable Industrial Communication Technologies
    8.13 Others

9 Geographic Analysis (Page No. - 103)
    9.1 Introduction
    9.2 North America
           9.2.1 Growing Penetration of Industry 4.0 Driving the Growth of the North American Market
           9.2.2 US
           9.2.3 Canada
           9.2.4 Mexico
    9.3 Europe
           9.3.1 Germany and U.K. Together Accounted for More Than Half of the European Market in 2017
           9.3.2 UK
           9.3.3 Germany
           9.3.4 France
           9.3.5 Spain
           9.3.6 Italy
           9.3.7 Rest of Europe
    9.4 APAC
           9.4.1 Rise of Industry 4.0 in Japan and China Resulting in Growing Adoption of Industrial Communication Devices in Asia Pacific
           9.4.2 China
           9.4.3 Japan
           9.4.4 India
           9.4.5 South Korea
           9.4.6 Rest of APAC
                    9.4.6.1 Growing Automation in Middle Eastern Oil & Gas Industry to Propel the Demand for Industrial Communication in Coming Years.
    9.5 Rest of the World
           9.5.1 Middle East
           9.5.2 South America
           9.5.3 Africa

10 Competitive Landscape (Page No. - 133)
     10.1 Overview
     10.2 Market Ranking Analysis
     10.3 Competitive Scenario
             10.3.1 Product Launch/Development
             10.3.2 Partnerships/Collaborations
             10.3.3 Expansions

11 Company Profiles (Page No. - 139)
     11.1 Key Players
             11.1.1 Sick AG
                       11.1.1.1 Business Overview
                       11.1.1.2 Products Offered
                       11.1.1.3 Recent Developments
                       11.1.1.4 SWOT Analysis
                       11.1.1.5 MnM View
             11.1.2 OMRON
                       11.1.2.1 Business Overview
                       11.1.2.2 Products Offered
                       11.1.2.3 Recent Developments
                       11.1.2.4 SWOT Analysis
                       11.1.2.5 MnM View
             11.1.3 Schneider Electric
                       11.1.3.1 Business Overview
                       11.1.3.2 Products and Solutions Offered
                       11.1.3.3 Recent Developments
                       11.1.3.4 SWOT Analysis
                       11.1.3.5 MnM View
             11.1.4 Belden Inc.
                       11.1.4.1 Business Overview
                       11.1.4.2 Products Offered
                       11.1.4.3 Recent Developments
                       11.1.4.4 SWOT Analysis
                       11.1.4.5 MnM View
             11.1.5 Moxa Inc.
                       11.1.5.1 Business Overview
                       11.1.5.2 Products
                       11.1.5.3 Recent Developments
                       11.1.5.4 SWOT Analysis
                       11.1.5.5 MnM View
             11.1.6 Siemens
                       11.1.6.1 Business Overview
                       11.1.6.2 Products Offered
                       11.1.6.3 Recent Developments
                       11.1.6.4 SWOT Analysis
                       11.1.6.5 MnM View
             11.1.7 Rockwell Automation
                       11.1.7.1 Business Overviews
                       11.1.7.2 Products Offered
                       11.1.7.3 Recent Developments
                       11.1.7.4 SWOT Analysis
                       11.1.7.5 MnM View
             11.1.8 ABB
                       11.1.8.1 Business Overview
                       11.1.8.2 Products Offered
                       11.1.8.3 Recent Developments
                       11.1.8.4 MnM View
             11.1.9 GE Grid Solutions, LLC
                       11.1.9.1 Business Overview
                       11.1.9.2 Products Offered
                       11.1.9.3 Recent Developments
                       11.1.9.4 MnM View
            11.1.10 Cisco Systems
                        11.1.10.1 Business Overview
                        11.1.10.2 Products Offered
                        11.1.10.3 Recent Developments
                        11.1.10.4 MnM View
            11.1.11 Advantech
                        11.1.11.1 Business Overview
                        11.1.11.2 Products Offered
                        11.1.11.3 Recent Developments
                        11.1.11.4 MnM View
            11.1.12 HMS Industrial Networks
                        11.1.12.1 Business Overview
                        11.1.12.2 Products Offered
                        11.1.12.3 Recent Developments
                        11.1.12.4 MnM View
            11.1.13 Ifm Electronic GmbH
                        11.1.13.1 Business Overview
                        11.1.13.2 Products Offered
                        11.1.13.3 Recent Developments
                        11.1.13.4 MnM View
            11.1.14 Ericsson
                        11.1.14.1 Business Overview
                        11.1.14.2 Products Offered
                        11.1.14.3 Recent Developments
                        11.1.14.4 MnM View
            11.1.15 Mitsubishi Electric Group
                        11.1.15.1 Business Overview
                        11.1.15.2 Products Offered
                        11.1.15.3 Recent Developments
                        11.1.15.4 MnM View
     11.2 Other Companies
             11.2.1 Honeywell
             11.2.2 B&R Automation
             11.2.3 Aaeon
             11.2.4 Hans Turck GmbH & Co. Kg
             11.2.5 Bosch Rexroth AG

12 Appendix (Page No. - 192)
     12.1 Insights of Industry Experts
     12.2 Discussion Guide
     12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.4 Available Customizations
     12.5 Related Reports
     12.6 Author Details


List of Tables (118 Tables)

Table 1 Assumptions for Study
Table 2 Limitations of Study
Table 3 Regulatory Mandates Related to M2M Communications By Some  APAC Countries
Table 4 Industrial Communication Market, By Offering, 2015–2023 (USD Billion)
Table 5 Market for Component, By Type,  2015–2023 (USD Billion)
Table 6 Market, By Communication Protocol,  2015–2023 (USD Billion)
Table 7 Market for Fieldbus, By Type,  2015–2023 (USD Billion)
Table 8 Market, By Region, 2015–2023 (USD Billion)
Table 9 Market for Fieldbus in North America,  By Country, 2015–2023 (USD Billion)
Table 10 Market for Fieldbus in Europe, By Country,  2015–2023 (USD Billion)
Table 11 Market for Fieldbus in APAC, By Country,  2015–2023 (USD Billion)
Table 12 Market for Fieldbus in RoW, By Region,  2015–2023 (USD Billion)
Table 13 Industrial Communication Market for Industrial Ethernet, By Type,  2015–2023 (USD Billion)
Table 14 Market for Industrial Ethernet, By Region,  2015–2023 (USD Billion)
Table 15 Market for Industrial Ethernet in North America, By Country, 2015–2023 (USD Billion)
Table 16 Market for Industrial Ethernet in Europe,  By Country, 2015–2023 (USD Billion)
Table 17 Market for Industrial Ethernet in APAC,  By Country, 2015–2023 (USD Billion)
Table 18 Market for Industrial Ethernet in RoW, By Region, 2015–2023 (USD Billion)
Table 19 Market for Wireless Communication Protocol,  By Region, 2015–2023 (USD Billion)
Table 20 Market for Wireless Communication Protocol in North America, By Country, 2015–2023 (USD Billion)
Table 21 Market for Wireless Communication Protocol in Europe, By Country, 2015–2023 (USD Billion)
Table 22 Market for Wireless Communication Protocol in APAC, By Country, 2015–2023 (USD Billion)
Table 23 Market for Wireless Communication Protocol in RoW, By Region, 2015–2023 (USD Billion)
Table 24 Market, By End-Use Application,  2015–2023 (USD Billion)
Table 25 Market for Automotive and Transportation,  By Region, 2015–2023 (USD Billion)
Table 26 Market for Automotive and Transportation,  By North America, 2015–2023 (USD Billion)
Table 27 Market for Automotive and Transportation,  By Europe, 2015–2023 (USD Billion)
Table 28 Market for Automotive and Transportation,  By APAC, 2015–2023 (USD Billion)
Table 29 Market for Automotive and Transportation,  By RoW, 2015–2023 (USD Billion)
Table 30 Industrial Communication Market for Electrical and Electronics, By Region, 2015–2023 (USD Billion)
Table 31 Market for Electrical and Electronics, By North America, 2015–2023 (USD Billion)
Table 32 Market for Electrical and Electronics, By Europe, 2015–2023 (USD Billion)
Table 33 Market for Electrical and Electronics, By APAC, 2015–2023 (USD Billion)
Table 34 Market for Electrical and Electronics, By RoW, 2015–2023 (USD Billion)
Table 35 Market for Aerospace and Defense, By Region, 2015–2023 (USD Billion)
Table 36 Market for Aerospace and Defense, By North America, 2015–2023 (USD Billion)
Table 37 Market for Aerospace and Defense, By Europe, 2015–2023 (USD Billion)
Table 38 Market for Aerospace and Defense, By APAC, 2015–2023 (USD Billion)
Table 39 Market for Aerospace and Defense, By RoW, 2015–2023 (USD Billion)
Table 40 Market for Oil and Gas, By Region,  2015–2023 (USD Billion)
Table 41 Market for Oil and Gas, By North America,  2015–2023 (USD Billion)
Table 42 Market for Oil and Gas, By Europe,  2015–2023 (USD Billion)
Table 43 Market for Oil and Gas, By APAC,  2015–2023 (USD Billion)
Table 44 Market for Oil and Gas, By RoW,  2015–2023 (USD Billion)
Table 45 Industrial Communication Market for Chemicals and Fertilizers, By Region, 2015–2023 (USD Billion)
Table 46 Market for Chemicals and Fertilizers, By North America, 2015–2023 (USD Billion)
Table 47 Market for Chemicals and Fertilizers, By Europe, 2015–2023 (USD Billion)
Table 48 Market for Chemicals and Fertilizers, By APAC, 2015–2023 (USD Billion)
Table 49 Market for Chemicals and Fertilizers, By RoW, 2015–2023 (USD Billion)
Table 50 Market for Food and Beverages, By Region,  2015–2023 (USD Billion)
Table 51 Market for Food and Beverages, By North America,  2015–2023 (USD Billion)
Table 52 Market for Food and Beverages, By Europe,  2015–2023 (USD Billion)
Table 53 Market for Food and Beverages, By APAC,  2015–2023 (USD Billion)
Table 54 Market for Food and Beverages, By RoW,  2015–2023 (USD Billion)
Table 55 Market for Pharmaceutical, By Region,  2015–2023 (USD Billion)
Table 56 Market for Pharmaceutical, By North America,  2015–2023 (USD Billion)
Table 57 Market for Pharmaceutical, By Europe,  2015–2023 (USD Billion)
Table 58 Market for Pharmaceutical, By APAC,  2015–2023 (USD Billion)
Table 59 Market for Pharmaceutical, By RoW,  2015–2023 (USD Billion)
Table 60 Market for Energy and Power, By Region,  2015–2023 (USD Billion)
Table 61 Market for Energy and Power, By North America,  2015–2023 (USD Billion)
Table 62 Market for Energy and Power, By Europe,  2015–2023 (USD Billion)
Table 63 Market for Energy and Power, By APAC,  2015–2023 (USD Billion)
Table 64 Market for Energy and Power, By RoW,  2015–2023 (USD Billion)
Table 65 Industrial Communication Market for Mining, By Region,  2015–2023 (USD Billion)
Table 66 Market for Mining, By North America,  2015–2023 (USD Billion)
Table 67 Market for Mining, By Europe,  2015–2023 (USD Billion)
Table 68 Market for Mining, By APAC,  2015–2023 (USD Billion)
Table 69 Market for Mining, By RoW,  2015–2023 (USD Billion)
Table 70 Market for Engineering/Fabrication,  By Region, 2015–2023 (USD Billion)
Table 71 Market for Engineering/Fabrication,  By North America, 2015–2023 (USD Billion)
Table 72 Market for Engineering/Fabrication,  By Europe, 2015–2023 (USD Billion)
Table 73 Market for Engineering/Fabrication,  By APAC, 2015–2023 (USD Billion)
Table 74 Market for Engineering/Fabrication,  By RoW, 2015–2023 (USD Billion)
Table 75 Market for Water and Wastewater, By Region, 2015–2023 (USD Billion)
Table 76 Market for Water and Wastewater, By North America, 2015–2023 (USD Billion)
Table 77 Market for Water and Wastewater, By Europe, 2015–2023 (USD Billion)
Table 78 Market for Water and Wastewater, By APAC, 2015–2023 (USD Billion)
Table 79 Market for Water and Wastewater, By RoW, 2015–2023 (USD Billion)
Table 80 Market for Others, By Region,  2015–2023 (USD Billion)
Table 81 Market for Others, By North America,  2015–2023 (USD Billion)
Table 82 Market for Others, By Europe,  2015–2023 (USD Billion)
Table 83 Market for Others, By APAC,  2015–2023 (USD Billion)
Table 84 Market for Others, By RoW,  2015–2023 (USD Billion)
Table 85 Industrial Communication Market, By Region, 2015–2023 (USD Billion)
Table 86 Market in North America, By Country,  2015–2023 (USD Billion)
Table 87 Market in North America, By End-Use Application, 2015–2023 (USD Billion)
Table 88 Market in North America, By Communication Protocol, 2015–2023 (USD Billion)
Table 89 Market in US, By Communication Protocol,  2015–2023 (USD Billion)
Table 90 Market in Canada, By Communication Protocol, 2015–2023 (USD Billion)
Table 91 Market in Mexico, By Communication Protocol, 2015–2023 (USD Billion)
Table 92 Market in Europe, By Country,  2015–2023 (USD Billion)
Table 93 Market in Europe, By End-Use Application,  2015–2023 (USD Billion)
Table 94 Market in Europe, By Communication Protocol, 2015–2023 (USD Billion)
Table 95 Market in UK, By Communication Protocol,  2015–2023 (USD Billion)
Table 96 Market in Germany, By Communication Protocol, 2015–2023 (USD Billion)
Table 97 Market in France, By Communication Protocol, 2015–2023 (USD Billion)
Table 98 Market in Spain, By Communication Protocol, 2015–2023 (USD Billion)
Table 99 Market in Italy, By Communication Protocol, 2015–2023 (USD Billion)
Table 100 Market in Rest of Europe, By Communication Protocol, 2015–2023 (USD Billion)
Table 101 Market in APAC, By Country,  2015–2023 (USD Billion)
Table 102 Market in APAC, By End-Use Application,  2015–2023 (USD Billion)
Table 103 Market in APAC, By Communication Protocol, 2015–2023 (USD Billion)
Table 104 Market in China, By Communication Protocol, 2015–2023 (USD Billion)
Table 105 Market in Japan, By Communication Protocol, 2015–2023 (USD Billion)
Table 106 Market in India, By Communication Protocol, 2015–2023 (USD Billion)
Table 107 Market in South Korea, By Communication Protocol, 2015–2023 (USD Billion)
Table 108 Market in Rest of APAC, By Communication Protocol, 2015–2023 (USD Billion)
Table 109 Market in RoW, By Region, 2015–2023 (USD Billion)
Table 110 Industrial Comunication Market in RoW, By End-Use Application,  2015–2023 (USD Billion)
Table 111 Market in RoW, By Communication Protocol, 2015–2023 (USD Billion)
Table 112 Market in Middle East, By Communication Protocol, 2015–2023 (USD Billion)
Table 113 Market in South America, By Communication Protocol, 2015–2023 (USD Billion)
Table 114 Market in Africa, By Communication Protocol, 2015–2023 (USD Billion)
Table 115 Market Ranking Analysis: Industrial Communication Market (2017)
Table 116 Product Launch/Development (2015–2018)
Table 117 Partnership/Collaboration (2015–2018)
Table 118 Expansions (2015–2018)
 
 
List of Figures (41 Figures)
 
Figure 1 Industrial Communication Market Segmentation
Figure 2 Market: Process Flow of Market Size Estimation
Figure 3 Market: Research Design
Figure 4 Data Triangulation Methodology
Figure 5 Market, By End-Use Application 2018 Vs. 2023 (USD Billion)
Figure 6 Market for Controllers and Processors to Grow at Highest CAGR During 2018–2023
Figure 7 Market, By Region, 2017
Figure 8 Increasing Demand for Industrial Communication in Electronics and Automotive Manufacturing is Driving Market Growth
Figure 9 Market for Services to Grow at Highest CAGR During Forecast Period
Figure 10 APAC to Account for Largest Share of Market By 2023
Figure 11 China and Japan Together to Account for More Than 63% Share of Market in APAC By 2018
Figure 12 Market in China to Grow at Highest CAGR During Forecast Period
Figure 13 Growing Adoption of IIoT is a Key Factor Driving Market
Figure 14 Components to Hold Largest Size of Market During Forecast Period
Figure 15 Switches Accounted for Largest Size of Market for Components in 2018
Figure 16 Market for Wireless Communication Protocol to Grow at Highest CAGR During Forecast Period
Figure 17 Market in APAC to Grow at Highest CAGR During Forecast Period
Figure 18 Ethernet/IP LED Industrial Ethernet Market in 2017
Figure 19 WHART LED Industrial Communication Market for Wireless Network Protocol Market in 2018
Figure 20 Automotive and Transportation to LED Industrial Communication Market in 2023
Figure 21 Market for Electrical and Electronics in APAC to Grow at Highest CAGR During Forecast Period
Figure 22 Market for Oil and Gas in RoW to Witness Highest CAGR During Forecast Period
Figure 23 APAC to Hold Largest Size of Market for Pharmaceutical By 2023
Figure 24 APAC to Account for Largest Size of Market for Water and Wastewater During Forecast Period
Figure 25 Market in China to Witness Highest CAGR During 2018–2023
Figure 26 North America: Market Snapshot
Figure 27 Europe: Industrial Communication Market Snapshot
Figure 28 APAC: Market Snapshot
Figure 29 Companies Adopted Product Launch as Key Growth Strategy During 2015–2018
Figure 30 Sick AG: Company Snapshot
Figure 31 OMRON: Company Snapshot
Figure 32 Schneider Electric: Company Snapshot
Figure 33 Belden Inc.: Company Snapshot
Figure 34 Siemens: Company Snapshot
Figure 35 Rockwell Automation: Company Snapshot
Figure 36 ABB: Company Snapshot
Figure 37 Cisco Systems: Company Snapshot
Figure 38 Advantech: Company Snapshot
Figure 39 HMS Industrial Networks: Company Snapshot
Figure 40 Ericsson: Company Snapshot
Figure 41 Mitsubishi Electric Group: Company Snapshot


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