Industrial Ethernet Market by Offering (Hardware, Software, and Services), Protocol (EtherNet/IP, PROFINET, Modbus TCP, POWERLINK, CC-Link IE, EtherCAT, and Sercos III), End-User Industry, and Geography - Global Forecast to 2022

According to the new market research report on industrial Ethernet, this market is expected to be valued at USD 59.20 Billion by 2022, growing at a CAGR of 16.8% between 2016 and 2022. The base year considered for this study is 2015 and the forecast period is 2016–2022. To stay ahead in competition, many industries are turning toward advanced industrial automation to maximize their productivity, economies of scale, and quality of the products. The increasingly connected world is inevitably connecting the factories with smart factory techniques using the industrial Ethernet system.

This report provides a detailed analysis of the industrial Ethernet market based on offering, protocol, end-user industry, and geography. The objectives of the study are to strategically analyze the micromarkets with respect to individual growth trends, future prospects, and contribution to the total market; analyze opportunities in the market for stakeholders and detail a competitive landscape for the market leaders; and analyze competitive developments such as acquisitions, product developments, and research and development in the industrial Ethernet market.

To estimate the size of the industrial Ethernet market, top-down and bottom-up approaches have been considered in the study. This entire research methodology involves the study of annual and financial reports of top players, presentations, press releases, journals, paid databases, and interviews with industry experts. Also, the average industrial Ethernet-related software, service, component, and revenue generated by the companies according to the region was used to arrive at the overall industrial Ethernet market size. This overall market size was used in the top-down procedure to estimate the sizes of other individual markets via percentage splits from secondary and primary research.

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

The industrial Ethernet ecosystem comprises component and system providers such as Siemens AG (Germany), ABB Ltd. (Switzerland), Rockwell Automation (U.S.), Schneider Electric (France), Beckhoff Automation (Germany), Moxa Inc. (Taiwan), B&R Automation (Austria), Belden Inc. (U.S.), Innovasic, Inc. (U.S.), and Cisco Systems, Inc.(U.S.). The companies such as Siemens AG (Germany), Rockwell Automation (U.S.), and Schneider Electric SE (France) are major providers supporting software and services specific to industrial Ethernet.

Target Audience:

• Industrial Ethernet system and component manufacturers
• Research organizations and consulting companies
• Associations, forums, and alliances related to industrial Ethernet
• Industrial Ethernet software providers
• Investors
• Start-up companies
• Raw material suppliers
• Government and other regulatory bodies
• Market research and consulting firms

“This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing the efforts and investments.”

Industrial Ethernet Market Scope:

By Offering

• Hardware
• Software
• Services

By Protocol

• EtherNet/IP
• PROFINET
• EtherCAT
• Modbus TCP
• POWERLINK
• Sercos III
• CC-Link IE

By End-User Industry

• Automotive
• Electrical and Electronics
• Aerospace and Defense
• Oil and Gas
• Water and Wastewater
• Food and Beverages
• Pharmaceutical
• Energy and Power Generation
• Mining
• Chemical
• Petrochemicals and Fertilizers
• Engineering/Fabrication

By Geography

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • U.K.
  • Germany
  • France
• APAC
  • China
  • Japan
  • India
  • Rest of APAC
• RoW
  • South America
  • Middle East
  • Africa

Available Customizations:

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

Regional Analysis

Further breakdown of region-/country-specific analysis

Company Information

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

Table of Contents

1 Introduction (Page No. - 13)
    1.1 Objective of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 16)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From 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

3 Executive Summary (Page No. - 23)

4 Premium Insights (Page No. - 28)
    4.1 Attractive Opportunities in the Industrial Ethernet Market
    4.2 Electrical and Electronics Industry Held the Largest Share of the Market in APAC in 2015
    4.3 Ethernet/IP Held A Major Share of the Market Followed By Profinet in 2015
    4.4 APAC Continue to Dominate the Industrial Ethernet Market in 2022
    4.5 Switches Component Held the Largest Share of the Market in 2015
    4.6 Life Cycle Analysis, By Region

5 Market Overview (Page No. - 32)
    5.1 Introduction
    5.2 Market Evolution
    5.3 Market Segmentation
           5.3.1 By Offering
                    5.3.1.1 Hardware
           5.3.2 By Protocol
           5.3.3 By End-User Industry
           5.3.4 By Geography
    5.4 Market Dynamics
           5.4.1 Market Drivers
                    5.4.1.1 Interoperability of Industrial Automation and Control Devices Have Improved Network Flexibility
                    5.4.1.2 Growing Adoption of IIoT
                    5.4.1.3 High Adoption of Advanced Industrial Ethernet Protocols in Smart Factories
           5.4.2 Restraints
                    5.4.2.1 Difficulty in Transferring Old Systems to A New Protocol
                    5.4.2.2 Need for High Network Security
                    5.4.2.3 Rigid Standardization of Protocols to Be Followed
           5.4.3 Opportunities
                    5.4.3.1 High Deployment of Industrial Ethernet in the APAC Region
                    5.4.3.2 Growing Adoption of Industrial Revolution 4.0
           5.4.4 Challenges
                    5.4.4.1 Transposing the Fieldbus System to Industrial Ethernet

6 Industry Trends (Page No. - 44)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Porter’s Five Forces Analysis
           6.3.1 Threat of New Entrants
           6.3.2 Threat of Substitutes
           6.3.3 Bargaining Power of Suppliers
           6.3.4 Bargaining Power of Buyers
           6.3.5 Intensity of Competitive Rivalry

7 Market, By Offering (Page No. - 52)
    7.1 Introduction
    7.2 Hardware
           7.2.1 Switches
           7.2.2 Hubs, Router and Gateways
           7.2.3 Connectors
           7.2.4 Communication Interfaces
           7.2.5 Power Supply Devices
           7.2.6 Controllers and Processors
           7.2.7 Memory
           7.2.8 Isolators and Convertors
           7.2.9 Others
    7.3 Software
    7.4 Services

8 Market, By Protocol (Page No. - 61)
    8.1 Introduction
    8.2 Ethernet/IP
    8.3 Profinet
           8.3.1 Profinet Rt (Real-Time Solution)
           8.3.2 Profinet Irt (Isochronous Real Time)
    8.4 Modbus-TCP
    8.5 Powerlink
    8.6 CC-Link IE
    8.7 Ethercat
    8.8 Sercos III

9 Market, By End-User Industry (Page No. - 74)
    9.1 Introduction
    9.2 Automotive & Transportation
    9.3 Electrical & Electronics
    9.4 Aerospace & Defense
    9.5 Energy & Power Industry
    9.6 Oil & Gas Industry
    9.7 Pharmaceutical Industry
    9.8 Water and Wastewater Industry
    9.9 Mining Industry
    9.10 Chemicals & Fertilizers Industry
    9.11 Engineering/Fabrication Industry
    9.12 Food & Beverages Industry
    9.13 Other Industries

10 Geographical Analysis (Page No. - 93)
     10.1 Introduction
     10.2 North America
             10.2.1 U.S.
             10.2.2 Canada
             10.2.3 Mexico
     10.3 Europe
             10.3.1 U.K.
             10.3.2 Germany
             10.3.3 France
             10.3.4 Spain
             10.3.5 Italy
             10.3.6 Rest of Europe
     10.4 APAC
             10.4.1 China
             10.4.2 South Korea
             10.4.3 India
             10.4.4 Rest of APAC
     10.5 RoW
             10.5.1 Middle East
             10.5.2 South America
             10.5.3 South Africa

11 Competitive Landscape (Page No. - 115)
     11.1 Introduction
     11.2 Market Ranking for Industrial Ethernet Market, 2015
     11.3 Competitive Scenario
     11.4 Recent Developments
             11.4.1 Partnerships & Agreements
             11.4.2 New Product Launches
             11.4.3 Acquisitions and Expansions

12 Company Profiles (Page No. - 123)
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, Ratio Analysis, MnM View)*
     12.1 Introduction
     12.2 Siemens AG
     12.3 Rockwell Automation
     12.4 Moxa Inc.
     12.5 Cisco Systems, Inc.
     12.6 Belden Inc. (Hirschmann)
     12.7 Beckhoff Automation
     12.8 ABB Ltd.
     12.9 Schneider Electric Se
     12.10 B&R Automation
     12.11 Innovasic Inc.

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 151)
     13.1 Insights From Industry Experts
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Introducing RT: Real-Time Market Intelligence
     13.5 Available Customization
     13.6 Related Reports
     13.7 Author Details

List of Tables (43 Tables)

Table 1 Market Segmentation: By Offering
Table 2 Market Segmentation: By Protocol
Table 3 Market Segmentation: By End-User Industry
Table 4 Industrial Ethernet Market, By Offering, 2013–2022(USD Billion)
Table 5 Industrial Ethernet Market for Offerings, By Hardware Components, 2013–2022 (USD Billion)
Table 6 Industrial Ethernet Market, By Protocol, 2013–2022 (USD Billion)
Table 7 Industrial Ethernet Market for Ethernet/IP, By Region, 2013–2022 (USD Billion)
Table 8 Industrial Ethernet Market for Profinet, By Region, 2013–2022 (USD Billion)
Table 9 Industrial Ethernet Market for Modbus- TCP, By Region, 2013–2022 (USD Billion)
Table 10 Industrial Ethernet Market for Powerlink, By Region, 2013-2022 (USD Billion)
Table 11 Industrial Ethernet Market for CC-Link IE, By Region, 2013–2022 (USD Billion)
Table 12 Industrial Ethernet Market for Ethercat, By Region, 2013–2022 (USD Billion)
Table 13 Industrial Ethernet Market for Sercos III, By Region, 2013–2022 (USD Billion)
Table 14 Industrial Ethernet Market, By End-User Industry, 2013–2022 (USD Billion)
Table 15 Industrial Ethernet Market for Automotive & Transportation Industry, By Region, 2013–2022 (USD Billion)
Table 16 Industrial Ethernet Market for Electrical & Electronics Industry, By Region, 2013–2022 (USD Billion)
Table 17 Industrial Ethernet Market for Aerospace & Defense Industry, By Region, 2013–2022 (USD Billion)
Table 18 Industrial Ethernet Market for Energy & Power Industry, By Region, 2013–2022 (USD Billion)
Table 19 Industrial Ethernet Market for Oil & Gas Industry, By Region, 2013–2022 (USD Billion)
Table 20 Industrial Ethernet Market for Pharmaceutical Industry, By Region, 2013–2022 (USD Billion)
Table 21 Industrial Ethernet Market for Water & Wastewater Industry, By Region, 2013–2022 (USD Billion)
Table 22 Industrial Ethernet Market for Mining Industry, By Region, 2013–2022 (USD Billion)
Table 23 Industrial Ethernet Market for Chemicals & Fertilizers Industry, By Region, 2013–2022 (USD Billion)
Table 24 Industrial Ethernet Market for Engineering & Fabrication Industry, By Region, 2013–2022 (USD Billion)
Table 25 Industrial Ethernet Market for Food & Beverages Industry, By Region, 2013–2022 (USD Billion)
Table 26 Industrial Ethernet Market for Other Industries, By Region, 2013–2022 (USD Billion)
Table 27 Industrial Ethernet Market, By Region, 2013–2022 (USD Billion)
Table 28 Industrial Ethernet Market in North America, By Country, 2013–2022 (USD Billion)
Table 29 Industrial Ethernet Market in North America, By Protocol, 2013–2022 (USD Billion)
Table 30 Industrial Ethernet Market in North America, By End-User Industry, 2013–2022 (USD Billion)
Table 31 Industrial Ethernet Market in Europe, By Country, 2013–2022 (USD Billion)
Table 32 Industrial Ethernet Market in Europe, By End-User Industry, 2013–2022 (USD Billion)
Table 33 Industrial Ethernet Market in Europe, By Protocol, 2013–2022 (USD Billion)
Table 34 Industrial Ethernet Market in APAC, By Country, 2013–2022 (USD Billion)
Table 35 Industrial Ethernet Market in APAC, By End-User Industry, 2013–2022 (USD Billion)
Table 36 Industrial Ethernet Market in APAC, By Protocol, 2013–2022 (USD Billion)
Table 37 Industrial Ethernet Market in RoW, By Region, 2013–2022 (USD Billion)
Table 38 Industrial Ethernet Market in RoW, By End-User Industry, 2013–2022 (USD Billion)
Table 39 Industrial Ethernet Market in RoW, By Protocol, 2013–2022 (USD Billion)
Table 40 Market Rank Analysis of the Top Players in the Industrial Ethernet Market
Table 41 Partnerships, Agreements, Collaborations, and Contracts, 2013–2016
Table 42 New Product Launches, 2014–2015
Table 43 Acquisitions & Mergers, 2014–2016

List of Figures (80 Figures)

Figure 1 Industrial Ethernet Market Segmentation
Figure 2 Industrial Ethernet Market: Research Methodology
Figure 3 Research Flow
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation: Industrial Ethernet Market
Figure 7 Industrial Ethernet Market Size, 2013-2022 (USD Billion)
Figure 8 Industrial Ethernet Market, By Protocol, 2013-2022 (USD Billion)
Figure 9 China Expected to Grow at the Highest Rate in the Industrial Ethernet Market Between 2016 and 2022
Figure 10 Market for Controllers and Processors Expected to Grow at the Highest Rate Between 2016 and 2022
Figure 11 Industrial Ethernet Market, By Region, 2015
Figure 12 Increasing Demand for Industrial Ethernet in In Electronics and Automotive Manufacturing is Driving the Market Growth During the Forecast Period
Figure 13 Japan Held the Largest Market Share in APAC Followed By China in 2015
Figure 14 Profinet Protocol is Estimated to Grow at the Highest Rate During the Forecast Period
Figure 15 U.S. Held the Largest Share of the Industrial Ethernet Market in 2015
Figure 16 Controllers & Processors is Estimated to Have the Highest CAGR During the Forecast Period
Figure 17 Industrial Ethernet Market in APAC is Presently at the Growth Stage
Figure 18 Evolution of the Industrial Ethernet Market
Figure 19 Market Segmentation: By Geography
Figure 20 Drivers, Restraints, Opportunities, Challenges: Industrial Ethernet Market
Figure 21 IIoT Adopters
Figure 22 Industrial Cybersecurity Threat Landscape
Figure 23 Value Chain Analysis: Maximum Value Added During Manufacturing, System Integration, and Consultation Stages
Figure 24 Overview of the Porter’s Five Forces Analysis of the Industrial Ethernet Market
Figure 25 Porter’s Five Forces: Impact Analysis
Figure 26 Threat of New Entrants Estimated to Have Medium Impact
Figure 27 Threat of Substitutes Expected to Be Low Due to Non-Availability of Direct Substitutes
Figure 28 Bargaining Power of Suppliers Expected to Be Medium Owing to High Number of Suppliers
Figure 29 Bargaining Power of Buyers Expected to Be High Owing to High Switching Cost
Figure 30 Intensity of Competitive Rivalry is Expected to Have A High Impact on the Industrial Ethernet Market
Figure 31 Industrial Ethernet Market Segmentation: By Offering
Figure 32 Hardware Segment is Expected to Grow at the Highest Rate in the Industrial Ethernet Market During the Forecast Period
Figure 33 Industrial Ethernet Offering Market Segmentation: By Hardware
Figure 34 Controllers & Processors Dominates Industrial Ethernet Market During the Forecast Period
Figure 35 Industrial Ethernet Segmentation: By Protocol
Figure 36 Industrial Ethernet Market, By Protocol, 2016 vs 2022
Figure 37 APAC Would Grow at the Highest CAGR During the Forecast Period
Figure 38 APAC to Grow at the Highest Rate in the Industrial Ethernet Market for Profinet Protocol During the Forecast Period
Figure 39 Industrial Ethernet Market for Modbus- TCP, By Region, 2016 vs 2022
Figure 40 Europe Held the Largest Market Share of Powerlink Protocol in 2016
Figure 41 Industrial Ethernet Market for CC-Link IE Protocol, By Region, (2016 vs 2022)
Figure 42 Industrial Ethernet Market for Ethercat, By Region, (2016 vs 2022)
Figure 43 APAC Held the Largest Market Share of the Industrial Ethernet Market for Sercos III Protocol During the Forecast Period
Figure 44 Automotive and Transportation to Hold the Largest Size of the Industrial Ethernet Market for End-User Application During the Forecast Period
Figure 45 Automotive & Transportation is Expected to Grow at the Highest Rate in APAC During the Forecast Period
Figure 46 APAC to Grow at the Highest Rate in the Industrial Ethernet Market for Electrical and Electronics Industry During the Forecast Period
Figure 47 Industrial Ethernet Market for Aerospace & Defense Industry, By Region, 2016 vs 2022
Figure 48 Industrial Ethernet Market for Energy& Power, By Region, 2016 vs 2022
Figure 49 RoW to Grow at the Highest Rate in the Industrial Ethernet Market for Oil & Gas Industry During the Forecast Period
Figure 50 RoW Expected to Grow at the Highest Rate in the Industrial Ethernet Market for Pharmaceutical Industry During the Forecast Period
Figure 51 APAC Expected to Dominate the Industrial Ethernet Market for Water & Wastewater Industry During the Forecast Period
Figure 52 Industrial Ethernet Market for Mining Industry, By Region, 2016 vs 2022
Figure 53 Industrial Ethernet Market for Chemical & Fertilizer, By Region, 2016 vs 2022
Figure 54 APAC to Hold the Largest Market Size of the Industrial Ethernet Market for Engineering/Fabrication Industry During the Forecast Period
Figure 55 RoW to Grow at the Highest Rate in the Industrial Ethernet Market for F&B During the Forecast Period
Figure 56 Industrial Ethernet Market for Other Industries, By Region, 2016 vs 2022
Figure 57 China to Grow at the Highest Rate in the Industrial Ethernet Market Between 2016 and 2022
Figure 58 North America: Industrial Ethernet Market Size, By Country
Figure 59 North America: Market Snapshot
Figure 60 Europe Industrial Ethernet, By Country
Figure 61 Europe: Market Snapshot
Figure 62 APAC Industrial Ethernet, By Country
Figure 63 Asia-Pacific Industrial Ethernet Market Snapshot: China is the Most Lucrative Market
Figure 64 RoW Industrial Ethernet, By Country
Figure 65 Companies Adopted Product Innovation as the Key Growth Strategy During 2013-2016
Figure 66 Market Evaluation Framework—New Product Launches Drive Growth and Innovation Between 2013 and 2016
Figure 67 New Product Launches—The Key Strategy in the Battle for Market Share
Figure 68 Geographic Revenue Mix of Top 5 Market Players
Figure 69 Siemens AG: Company Snapshot
Figure 70 Siemens AG: SWOT Analysis
Figure 71 Rockwell Automation: Company Snapshot
Figure 72 Rockwell Automation: SWOT Analysis
Figure 73 Moxa Inc.: SWOT Analysis
Figure 74 Cisco Systems, Inc.: Company Snapshot
Figure 75 Cisco Systems, Inc.: SWOT Analysis
Figure 76 Belden Inc. (Hirschmann): Company Snapshot
Figure 77 Belden Inc. (Hirschmann): SWOT Analysis
Figure 78 Beckhoff Automation: Company Snapshot
Figure 79 ABB Ltd.: Company Snapshot
Figure 80 Schneider Electric: Company Snapshot

According to the new market research report on industrial Ethernet, thismarket is expected to grow at a CAGR of 16.8% between 2016 and 2022, from USD 19.43 billion in 2015 to USD 59.20 billion by 2022. The major driver for the growth of the industrial Ethernet market is the growing adoption of IIoT. In various manufacturing industries, the potential of IIoT to improve productivity in production processes and supply chain is immense. IIoT is expected to fundamentally change the way products are developed, manufactured, transported, and sold.

Of all the major end-user industries, electrical and electronics and automotive held the major share of the industrial Ethernet market in 2015. Automotive, being one of the largest industries and one of the oldest applications of industrial Ethernet, would continue to dominate the market with growing need for advanced automation in automobile manufacturing hubs around the world.

Among the protocols, the market for PROFINET is expected to grow at the highest rate during the forecast period. The number of Ethernet protocols in industrial applications has increased considerably over the past few years as a result of improved network coverage, quality of transmission, and bandwidth capacity. PROFINET is widely used because it offers real-time operation and protection against harsh environment and also facilitates faster, safer, and comparatively low-cost data transfer compared with other industrial Ethernet protocols. Advancements in industrial Ethernet technologies are helping various companies to remotely monitor their assets from anywhere in the world.

The services segment is expected to witness huge growth opportunities in the industrial Ethernet market. With the growing complexity in industrial Ethernet networks, there is a growing demand for consulting, integration, and support services for network management. The advancement of network and technological developments have forced customers and enterprises to demand for better and advanced network services.

Of all the regions, APAC held the largest market share and is expected to grow at the highest rate. In APAC, the huge demand for consumer electronics and automobiles from countries such as China, India, Japan, and South Korea is driving the industrial Ethernet market.

One of the key restraining factors for this market is despite the significant advances in Ethernet over the past 30 years, fieldbus remains widely used as device networks expand into larger control networks through fieldbus-to-Ethernet integration. It is difficult to transfer the network of old systems to a new protocol; thus, the management becomes more complex and network performance becomes highly critical.

The companies that are profiled in this report are Siemens AG (Germany), ABB Ltd. (Switzerland), Rockwell Automation (U.S.), Schneider Electric (France), Beckhoff Automation (Germany), MOXA Inc. (Taiwan), Cisco Systems, Inc. (U.S.), B&R Automation (Austria), Belden, Inc. (U.S.), and Innovasic, Inc. (U.S.). These players adopted various strategies such as product developments, mergers, partnerships, collaborations, and business expansions to achieve growth in the industrial Ethernet market.

Siemens AG (Germany) is among the leaders in the industrial Ethernet market. In industrial Ethernet, the company offers Ethernet switches, routers, and serial device servers. The company has primarily focused on new product launches and product developments to expand its presence in the market.

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