Industrial Ethernet Market

Industrial Ethernet Market with Recession Impact Analysis by Offering (Hardware, Software, Services), Protocol (PROFINET, EtherNet/IP), End-use Industry (Automotive & Transportation, Electrical & Electronics) and Region- Global Forecast to 2028

Report Code: SE 4779 Jan, 2023, by marketsandmarkets.com

[203 Pages Report] The industrial ethernet market is projected to grow from USD 11.0 billion in 2023 to USD 15.8 billion by 2028; it is expected to record a CAGR of 7.5% during the forecast period.Growing popularity of smart automobiles and rising adoption of 5G are expected to fuel the growth of the industrial ethernet market.

Industrial Ethernet Market

Industrial Ethernet Market Forecast to 2028

To know about the assumptions considered for the study, Request for Free Sample Report

Recession Impact

The market for industrial ethernet might experience slow down due to the coming recession in 2023 and 2024. The companies in the industrial ethernet market have a strong base in the North American and European regions. As the recession is expected to have a major impact in these regions, the overall market for industrial ethernet industry is expected to witness a slow growth rate during the years 2023 and 2024. Automotive & transportation, electrical & electronics, and oil & gas are some of the major industries in the industrial ethernet market to be affected by the coming recession.

Market Dynamics:

Driver: Increasing initiatives by governments of developing countries to promote adoption of industrial automation

The governments of developing countries worldwide are supporting the development of various industries to achieve holistic growth. This has led to an increase in the adoption of various automation and communication components and technologies for the structural development of industries. Governments are highly focused on the process and discrete industries. For instance, the Government of Singapore has partnered with various associations, such as the Singapore Food Manufacturing Association (SFMA) and the Food Innovation Resource Centre, to implement the latest automation solutions, including SCADA, PLC, DCS, robots, and cables, in the food & beverage industry.

The Government of Malaysia introduced a 200% automation capital allowance (ACA) in its 2015 budget to encourage labor-intensive manufacturing industries, such as textile, rubber, and plastics, to adopt the latest automation technologies to improve their overall productivity. Under ACA, the government writes off capital expenditure for manufacturing companies within 3 years (an initial allowance of 40% and an annual allowance of 20%).

India is one of the emerging countries with a fast-growing manufacturing sector. The formulation of the National Manufacturing Policy (NMP) by the central government has increased the development of its manufacturing sector. The government has also launched the Make in India policy to encourage companies to implement automation processes in their manufacturing plants. Thus, the measures taken by the governments to support the adoption of industrial control and factory automation are expected to fuel the growth of the market during the forecast period.

Restraint:  Absence of standardization in industrial communication protocols and interfaces

Industrial equipment or devices communicate through various interfaces, technologies, and protocols. The absence of standardization in these communication interfaces and protocols might result in the misrepresentation of data. It also can complicate the integration of systems and hinder the use of plug-and-play features for unrelated systems. This is one of the major restraints for the industrial ethernet market in coming years.

Opportunity:  Emergence of 5G to create lucrative opportunities for market players

Industrial communication is a vital element of Industry 4.0. The demand for 5G technology is growing in the manufacturing industry, as 5G helps to overcome the shortcomings of other wireless systems. With the onset of 5G technology, the manufacturing industry will experience a major transformation. With the increasing demand of 5G the demand for industrial ethernet will also increase.

Challenge: Harsh field site conditions-high-voltage transients, severe shocks and vibrations, and extremely high temperatures

Industrial Ethernet devices are deployed in remote field locations which are prone to the effects of unfavorable and harsh conditions, such as high-voltage transients, shocks and vibrations, and extremely high temperatures. High voltage transients result from electrostatic discharge (ESD), bursts, electrical fast transients (EFT), and lightning strikes. These are a few challenges faced in industrial ethernet technology deployment. Therefore, there is a requirement for robust industrial communication equipment to withstand harsh conditions.

Service segment to account for the largest share of the industrial ethernet market by 2028

Rapid changes in network infrastructure and the growing adoption of IIoT have led to the adoption of cloud and virtualization. This has significantly increased the pressure on network administrators to manage the network infrastructure. Hence, manufacturing industries are outsourcing network services to ensure better network management quality and reduced operating costs. Companies are adopting remote network monitoring services, which are expected to boost the services market during the forecast period.

MODBUS–TCP protocol to grow with significant CAGR during the forecast period

MODBUS–TCP can interact with EtherNet/IP and other industrial Ethernet protocols (i.e., HTTP, FTP, and Telnet) without any non-standard network interface cards and/or switching infrastructure, and thus, offering a high level of interoperability for industrial communication network devices.

Engineering/Fabrication to have significant CAGR during the forecast period

The industrial ethernet is mainly used in engineering design and fabrication of metal, steel, and other structural parts manufacturing. In the fabrication industry, different networking technologies can be implemented. For instance, the Industrial ethernet ensures consistent, uninterrupted mobile connectivity for workers, vehicles, and equipment while extending connectivity outside the plant (transportation yard and interconnected buildings). It also supports features such as data security and allows workers to coordinate workforce activities and communicate in real-time for better safety management and increasing productivity.

Asia Pacific to grow at the highest CAGR in the industrial ethernet market during the forecast period

Asia Pacific is currently the largest manufacturing hub for automobile and electronic companies. To compete with other global players, the industrial ethernet companies in Asia Pacific use advanced automation systems, which require highly reliable communication networks that can help in machine-to-machine (M2M) communication in the plants. The manufacturing companies in Asia Pacific extensively adopt the smart factory concept for implementing advanced manufacturing technologies on the factory floor. This innovative concept has transformed the manufacturing sector in Asia Pacific and has increased the implementation of smart automation in factories. The growing acceptance of Industrial Revolution 4.0 in Asia Pacific is also a factor driving the growth of the regional market.

Industrial Ethernet Market by Region

Industrial Ethernet Market by Region

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

In-depth interviews have been conducted with chief executive officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the industrial ethernet marketplace.

  • By Company Type: Tier 1 - 18%, Tier 2 – 22%, and Tier 3 - 60%
  • By Designation: C-Level Executives - 21%, Managers - 35%, and Others – 44%
  • By Region: North America - 22%, Europe - 26%, Asia Pacific (APAC)- 39%, and RoW - 13%

Key Market Players

Cisco (US), Siemens (Germany), Rockwell Automation (US), OMRON (Japan), Moxa (Taiwan), Belden( US), Huawei Technologies (China), SICK (Germany), Schneider Electric (France), and ABB (Switzerland) are a few major players in the industrial ethernet market.

Get online access to the report on the World's First Market Intelligence Cloud

  • Easy to Download Historical Data & Forecast Numbers
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
Request Sample

Scope of the Report

Report Metric

Details

Market Size Available for Years

2023–2028

Estimated Year

2023

Forecast Period

2023–2028

Forecast Units

USD Million/USD Billion

Segments Covered

 By offering, protocol, and end-use industry and Region

Regions Covered

North America, Asia Pacific, Europe, and RoW

Companies Covered

Siemens (Germany), Rockwell Automation (US), Cisco (US), Belden (US), Omron (Japan), Moxa (Taiwan), Huawei Technologies (Sweden), SICK (Germany), Schneider Electric (France), and ABB (Switzerland).
are among the key players operating in the industrial ethernet market.

Industrial Ethernet Market Highlights

This research report categorizes the industrial ethernet market based on by offering, protocol, and end-use industry and Region

Aspect

Details

Based on Offering:

  • Hardware
  • Software
  • Services

Based on Protocol:

  • EtherCAT
  • EtherNet/IP
  • PROFINET
  • POWERLINK
  • SERCOS III
  • CC-Link IE

Based on End-use Industry:

  • Automotive & Transportation
  • Electrical & Electronics
  • Aerospace & Defense
  • Oil & Gas
  • Chemical & Fertilizer
  • Food & Beverages
  • Pharmaceutical & Medical Devices
  • Energy & Power
  • Mining & Metals
  • Engineering/Fabrication
  • Water & Wastewater
  • Others (Paper & Pulp, Glass, and Cement)

Based on the Region:

  • North America
  • Europe
  • Asia Pacific
  • RoW

Recent Developments

  • In November  2022, Siemens launched its new Industrial Edge Management System, an optimized license management solution, as well as new devices at the SPS trade fair in Nuremberg, Germany from November 8 to 10, 2022. The newly launched management systems will bring Operational Technology (OT) and IT closer together in industrial production, enabling a seamless flow of data from the field level to the cloud.
  • In October 2022,  OMRON signed a pan-European distribution agreement with Conrad Electronic, the Germany-based sourcing platform for technical supplies operating in 17 European countries.

Frequently Asked Questions (FAQ):

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

TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 20)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 INCLUSIONS AND EXCLUSIONS 
    1.4 STUDY SCOPE 
           1.4.1 MARKETS COVERED
                    FIGURE 1 INDUSTRIAL ETHERNET MARKET SEGMENTATION
           1.4.2 REGIONAL SCOPE
           1.4.3 YEARS CONSIDERED
    1.5 CURRENCY CONSIDERED 
    1.6 LIMITATIONS 
    1.7 STAKEHOLDERS 
    1.8 SUMMARY OF CHANGES 
 
2 RESEARCH METHODOLOGY (Page No. - 24)
    2.1 RESEARCH DATA 
           FIGURE 2 PROCESS FLOW: INDUSTRIAL ETHERNET MARKET SIZE ESTIMATION
           FIGURE 3 INDUSTRIAL ETHERNET MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY AND PRIMARY RESEARCH
           2.1.2 SECONDARY DATA
                    2.1.2.1 Secondary sources
                    2.1.2.2 List of key secondary sources
           2.1.3 PRIMARY DATA
                    2.1.3.1 Primary sources
                    2.1.3.2 Key industry insights
                    2.1.3.3 Primary interviews with experts
                    2.1.3.4 List of key primary respondents
                    2.1.3.5 Breakdown of primaries
    2.2 MARKET SIZE ESTIMATION 
           2.2.1 BOTTOM-UP APPROACH
                    2.2.1.1 Demand-side analysis
                               FIGURE 4 INDUSTRIAL ETHERNET MARKET: BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    2.2.2.1 Approach for deriving market size by top-down analysis
                               FIGURE 5 INDUSTRIAL ETHERNET MARKET: TOP-DOWN APPROACH
    2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 
           FIGURE 6 DATA TRIANGULATION
    2.4 RESEARCH ASSUMPTIONS 
    2.5 RISK ASSESSMENT 
           TABLE 1 ANALYSIS OF RISK FACTORS
 
3 EXECUTIVE SUMMARY (Page No. - 34)
    3.1 INDUSTRIAL ETHERNET MARKET: RECESSION IMPACT 
           FIGURE 7 RECESSION IMPACT: GDP GROWTH PROJECTION TILL 2023 FOR MAJOR ECONOMIES
           FIGURE 8 RECESSION IMPACT ON INDUSTRIAL ETHERNET MARKET, 2018–2028 (USD MILLION)
           FIGURE 9 BY OFFERING, HARDWARE SEGMENT TO HOLD SECOND-LARGEST MARKET SHARE FROM 2023 TO 2028
           FIGURE 10 BY PROTOCOL, ETHERNET/IP SEGMENT TO LEAD MARKET FROM 2023 TO 2028
           FIGURE 11 BY END-USE INDUSTRY, WATER & WASTEWATER SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
           FIGURE 12 ASIA PACIFIC ACCOUNTED FOR LARGEST MARKET SHARE IN 2022
 
4 PREMIUM INSIGHTS (Page No. - 40)
    4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN INDUSTRIAL ETHERNET MARKET 
           FIGURE 13 GROWING NEED FOR SCALABLE, FAST, RELIABLE, AND INTEROPERABLE COMMUNICATION PROTOCOLS TO BOOST MARKET GROWTH
    4.2 INDUSTRIAL ETHERNET MARKET, BY OFFERING 
           FIGURE 14 SERVICES SEGMENT TO REGISTER HIGHEST CAGE FROM 2023 TO 2028
    4.3 INDUSTRIAL ETHERNET MARKET, BY PROTOCOL 
           FIGURE 15 ETHERNET/IP PROTOCOL SEGMENT TO LEAD MARKET FROM 2023 TO 2028
    4.4 INDUSTRIAL ETHERNET MARKET, BY END-USE INDUSTRY 
           FIGURE 16 ELECTRICAL & ELECTRONICS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE BY 2028
    4.5 REGIONAL SNAPSHOT OF INDUSTRIAL ETHERNET MARKET 
           FIGURE 17 INDUSTRIAL ETHERNET MARKET IN CHINA TO REGISTER HIGHEST CAGR FROM 2023 TO 2028
 
5 MARKET OVERVIEW (Page No. - 44)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 18 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES FOR INDUSTRIAL ETHERNET MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Growing need for scalable, fast, reliable, and interoperable communication protocols
                    5.2.1.2 Increasing initiatives by governments of developing countries to promote adoption of industrial automation
                               FIGURE 19 ANNUAL INSTALLATION OF INDUSTRIAL ROBOTS, BY CONTINENTS, 2021 (THOUSAND UNITS)
                    5.2.1.3 Growing popularity of smart automobiles
                               FIGURE 20 IMPACT ANALYSIS OF DRIVERS ON INDUSTRIAL ETHERNET MARKET
           5.2.2 RESTRAINTS
                    5.2.2.1 Absence of standardization in industrial communication protocols and interfaces
                               FIGURE 21 IMPACT ANALYSIS OF RESTRAINTS ON INDUSTRIAL ETHERNET MARKET
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Emergence of 5G
                               FIGURE 22 IMPACT ANALYSIS OF OPPORTUNITIES ON INDUSTRIAL ETHERNET MARKET
           5.2.4 CHALLENGES
                    5.2.4.1 Cybersecurity threats
                    5.2.4.2 Harsh field site conditions—high-voltage transients, severe shocks and vibrations, and extremely high temperatures
                               FIGURE 23 IMPACT ANALYSIS OF CHALLENGES ON INDUSTRIAL ETHERNET MARKET
    5.3 VALUE CHAIN ANALYSIS 
           FIGURE 24 VALUE CHAIN ANALYSIS OF INDUSTRIAL ETHERNET MARKET
    5.4 KEY STAGES IN INDUSTRIAL ETHERNET VALUE CHAIN 
           5.4.1 RESEARCH AND DEVELOPMENT
           5.4.2 COMPONENT MANUFACTURING
           5.4.3 SYSTEM INTEGRATION
           5.4.4 MARKETING AND SALES
           5.4.5 POST-SALES SERVICES
    5.5 USE CASES ANALYSIS 
           5.5.1 EDGE SOLUTIONS OF ADVANTECH TO ENABLE REAL-TIME OIL TANKER MONITORING
           5.5.2 PULP MOLDING EQUIPMENT MANUFACTURER IMPLEMENTED ROCKWELL AUTOMATION’S SOLUTIONS
           5.5.3 OSSID IMPROVES MACHINERY RELIABILITY AND PERFORMANCE USING MITSUBISHI ELECTRIC’S AUTOMATION PORTFOLIO
    5.6 TARIFF REGULATORY BODIES 
           5.6.1 ETHERCAT TECHNOLOGY GROUP (ETG)
           5.6.2 INTERNATIONAL ELECTROTECHNICAL COMMISSION (IEC)
           5.6.3 IEEE
           5.6.4 INTERNATIONAL ORGANIZATION FOR STANDARDIZATION (ISO)
           5.6.5 PROFIBUS USER ORGANIZATION (PNO)
           5.6.6 IEEE 802.3CG
                    5.6.6.1 10BASE – t1s
                    5.6.6.2 10base – t1l
           5.6.7 ADVANTECH PROVIDED WISE-PAAS END-TO-CLOUD IOT TOTAL SOLUTION FOR REMOTE VIDEO SURVEILLANCE AND DEVICE STATUS MONITORING AND CONTROL FOR AUTOMOTIVE INSPECTION CENTER
           5.6.8 OPTIMA CONTROL SOLUTIONS (UK) AND ROCKWELL AUTOMATION (US) PROVIDED AUTOMATED MONITORING SOLUTION TO BISCUIT MANUFACTURER
           5.6.9 ADVANTECH (TAIWAN) PROVIDED PLANT MONITORING SOLUTION FOR WIND POWER PLANT
 
6 INDUSTRIAL ETHERNET MARKET, BY OFFERING (Page No. - 57)
    6.1 INTRODUCTION 
           FIGURE 25 INDUSTRIAL ETHERNET MARKET, BY OFFERING
           FIGURE 26 SERVICES SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
           TABLE 2 INDUSTRIAL ETHERNET MARKET, BY OFFERING, 2018–2022 (USD MILLION)
           TABLE 3 INDUSTRIAL ETHERNET MARKET, BY OFFERING, 2023–2028 (USD MILLION)
    6.2 HARDWARE 
           TABLE 4 INDUSTRIAL ETHERNET MARKET, BY HARDWARE, 2018–2022 (USD MILLION)
           TABLE 5 INDUSTRIAL ETHERNET MARKET, BY HARDWARE, 2023–2028 (USD MILLION)
           TABLE 6 INDUSTRIAL ETHERNET MARKET, BY HARDWARE, 2018–2022(THOUSAND UNITS)
           TABLE 7 INDUSTRIAL ETHERNET MARKET, BY HARDWARE, 2023–2028 (THOUSAND UNITS)
           6.2.1 SWITCHES
                    6.2.1.1 Switches provide high security and durability in mission-critical environments
           6.2.2 GATEWAYS
                    6.2.2.1 Gateways help in data transfer between sensor nodes and other configured devices using different protocols
           6.2.3 ROUTERS
                    6.2.3.1 Routers help transfer information from one network to another
           6.2.4 CONTROLLERS AND CONNECTORS
                    6.2.4.1 Controllers help decide priority of event processing to ensure proper functioning of overall system
           6.2.5 COMMUNICATION INTERFACES AND CONVERTERS
                    6.2.5.1 Converters facilitate connection between two dissimilar media types
           6.2.6 POWER SUPPLY DEVICES
                    6.2.6.1 Power management integrated circuits (PMICs) provide high level of performance and integration solutions for various industrial communication applications
           6.2.7 OTHERS
    6.3 SOFTWARE 
           6.3.1 NETWORKING MANAGEMENT SOFTWARE OPTIMIZES NETWORK EFFICIENCY AND MINIMIZES TOTAL COST OF OWNERSHIP
    6.4 SERVICES 
           6.4.1 INDUSTRIAL COMMUNICATION SERVICES MAINLY INCLUDE INSTALLATION, NETWORK SECURITY, AND NETWORK MONITORING SERVICES
 
7 INDUSTRIAL ETHERNET MARKET, BY PROTOCOL (Page No. - 65)
    7.1 INTRODUCTION 
           FIGURE 27 INDUSTRIAL ETHERNET MARKET, BY PROTOCOL
           FIGURE 28 ETHERCAT SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
           TABLE 8 INDUSTRIAL ETHERNET MARKET, BY PROTOCOL, 2018–2022 (USD MILLION)
           TABLE 9 INDUSTRIAL ETHERNET MARKET, BY PROTOCOL, 2023–2028 (USD MILLION)
    7.2 PROFINET 
           7.2.1 PROFINET SUPPLEMENTS EXISTING PROFIBUS TECHNOLOGIES BY PROVIDING FAST DATA COMMUNICATION
    7.3 ETHERNET/IP 
           7.3.1 ETHERNET/IP WIDELY USED IN HYBRID AND PROCESS INDUSTRIES
    7.4 ETHERCAT 
           7.4.1 ETHERCAT SPECIFICALLY DESIGNED FOR FAST CONTROL DEMAND APPLICATIONS
    7.5 MODBUS-TCP 
           7.5.1 MODBUS-TCP OFFERS HIGH LEVEL OF INTEROPERABILITY FOR INDUSTRIAL COMMUNICATION NETWORK DEVICES
    7.6 POWERLINK 
           7.6.1 ETHERNET POWERLINK ENABLES TRANSFER OF TIME-CRITICAL DATA IN SHORT DURATION
    7.7 SERCOS III 
           7.7.1 SERCOS III SUITABLE FOR COMMUNICATIONS IN PROCESS INDUSTRIES AS IT ENSURES LOW LATENCY IN DATA TRANSFER
    7.8 CC-LINK IE 
           7.8.1 CC-LINK IE SUPPORTS FLEXIBLE WIRING TOPOLOGIES, SUCH AS STAR, RING, AND LINE CONFIGURATION
 
8 INDUSTRIAL ETHERNET MARKET, BY END-USE INDUSTRY (Page No. - 71)
    8.1 INTRODUCTION 
           FIGURE 29 INDUSTRIAL ETHERNET MARKET, BY END-USE INDUSTRY
           FIGURE 30 WATER & WASTEWATER SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
           TABLE 10 INDUSTRIAL ETHERNET MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
           TABLE 11 INDUSTRIAL ETHERNET MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
    8.2 AUTOMOTIVE & TRANSPORTATION 
           8.2.1 INCREASING IMPLEMENTATION OF SMART MANUFACTURING TECHNOLOGIES IN AUTOMOBILE MANUFACTURING PLANTS TO BOOST ADOPTION OF INDUSTRIAL ETHERNET
                    TABLE 12 INDUSTRIAL ETHERNET MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 13 INDUSTRIAL ETHERNET MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 14 INDUSTRIAL ETHERNET MARKET FOR AUTOMOTIVE & TRANSPORTATION IN NORTH AMERICA, BY COUNTRY, 2018–2022 (USD MILLION)
                    TABLE 15 INDUSTRIAL ETHERNET MARKET FOR AUTOMOTIVE & TRANSPORTATION IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION)
                    TABLE 16 INDUSTRIAL ETHERNET MARKET FOR AUTOMOTIVE & TRANSPORTATION IN EUROPE, BY COUNTRY, 2018–2022 (USD MILLION)
                    TABLE 17 INDUSTRIAL ETHERNET MARKET FOR AUTOMOTIVE & TRANSPORTATION IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION)
                    TABLE 18 INDUSTRIAL ETHERNET MARKET FOR AUTOMOTIVE & TRANSPORTATION IN ASIA PACIFIC, BY COUNTRY, 2018–2022 (USD MILLION)
                    TABLE 19 INDUSTRIAL ETHERNET MARKET FOR AUTOMOTIVE & TRANSPORTATION IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION)
                    TABLE 20 INDUSTRIAL ETHERNET MARKET FOR AUTOMOTIVE & TRANSPORTATION IN ROW, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 21 INDUSTRIAL ETHERNET MARKET FOR AUTOMOTIVE & TRANSPORTATION IN ROW, BY REGION, 2023–2028 (USD MILLION)
    8.3 ELECTRICAL & ELECTRONICS 
           8.3.1 INCREASING DEMAND FOR INDUSTRIAL ETHERNET SOLUTIONS IN ELECTRICAL & ELECTRONICS INDUSTRY TO MINIMIZE DOWNTIME, RUN OPERATIONS AT FULL SPEED, AND INCREASE PRODUCTIVITY
                    TABLE 22 INDUSTRIAL ETHERNET MARKET FOR ELECTRICAL & ELECTRONICS, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 23 INDUSTRIAL ETHERNET MARKET FOR ELECTRICAL & ELECTRONICS, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 24 INDUSTRIAL ETHERNET MARKET FOR ELECTRICAL & ELECTRONICS IN NORTH AMERICA, BY COUNTRY, 2018–2022 (USD MILLION)
                    TABLE 25 INDUSTRIAL ETHERNET MARKET FOR ELECTRICAL & ELECTRONICS IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION)
                    TABLE 26 INDUSTRIAL ETHERNET MARKET FOR ELECTRICAL & ELECTRONICS IN EUROPE, BY COUNTRY, 2018–2022 (USD MILLION)
                    TABLE 27 INDUSTRIAL ETHERNET MARKET FOR ELECTRICAL & ELECTRONICS IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION)
                    TABLE 28 INDUSTRIAL ETHERNET MARKET FOR ELECTRICAL & ELECTRONICS IN ASIA PACIFIC, BY COUNTRY, 2018–2022 (USD MILLION)
                    TABLE 29 INDUSTRIAL ETHERNET MARKET FOR ELECTRICAL & ELECTRONICS IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION)
                    TABLE 30 INDUSTRIAL ETHERNET MARKET FOR ELECTRICAL & ELECTRONICS IN ROW, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 31 INDUSTRIAL ETHERNET MARKET FOR ELECTRICAL & ELECTRONICS IN ROW, BY REGION, 2023–2028 (USD MILLION)
    8.4 AEROSPACE & DEFENSE 
           8.4.1 INCREASING DEPLOYMENT OF INDUSTRIAL ETHERNET SOLUTIONS IN AEROSPACE & DEFENSE INDUSTRY TO ENSURE EFFECTIVE MANUFACTURING PROCESSES
                    TABLE 32 INDUSTRIAL ETHERNET MARKET FOR AEROSPACE & DEFENSE, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 33 INDUSTRIAL ETHERNET MARKET FOR AEROSPACE & DEFENSE, BY REGION, 2023–2028 (USD MILLION)
    8.5 OIL & GAS 
           8.5.1 INCREASING OFFSHORE OIL AND GAS ACTIVITIES FUELING ADOPTION OF AUTOMATION SOLUTIONS IN OIL & GAS INDUSTRY
                    TABLE 34 INDUSTRIAL ETHERNET MARKET FOR OIL & GAS, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 35 INDUSTRIAL ETHERNET MARKET FOR OIL & GAS, BY REGION, 2023–2028 (USD MILLION)
    8.6 CHEMICAL & FERTILIZER 
           8.6.1 GROWING USE OF INDUSTRIAL ETHERNET IN CHEMICAL INDUSTRY TO INCREASE SAFETY, EFFICIENCY, AND SUSTAINABILITY
                    TABLE 36 INDUSTRIAL ETHERNET MARKET FOR CHEMICAL & FERTILIZER, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 37 INDUSTRIAL ETHERNET MARKET FOR CHEMICAL & FERTILIZER, BY REGION, 2023–2028 (USD MILLION)
    8.7 FOOD & BEVERAGE 
           8.7.1 INCREASING TREND OF AUTOMATION IN FOOD & BEVERAGE INDUSTRY THROUGHOUT MANUFACTURING PROCESS TO FUEL DEMAND FOR INDUSTRIAL ETHERNET
                    TABLE 38 INDUSTRIAL ETHERNET MARKET FOR FOOD & BEVERAGE, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 39 INDUSTRIAL ETHERNET MARKET FOR FOOD & BEVERAGE, BY REGION, 2023–2028 (USD MILLION)
    8.8 PHARMACEUTICAL 
           8.8.1 INCREASING DEPLOYMENT OF AUTOMATION AND SENSING TECHNOLOGIES IN PHARMACEUTICAL INDUSTRY TO FUEL MARKET GROWTH
                    TABLE 40 INDUSTRIAL ETHERNET MARKET FOR PHARMACEUTICAL, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 41 INDUSTRIAL ETHERNET MARKET FOR PHARMACEUTICAL, BY REGION, 2023–2028 (USD MILLION)
    8.9 ENERGY & POWER 
           8.9.1 COMMUNICATION NETWORKS PLAY INTEGRAL ROLE IN DATA AND INFORMATION EXCHANGE IN ENERGY & POWER PLANTS
                    TABLE 42 INDUSTRIAL ETHERNET MARKET FOR ENERGY & POWER, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 43 INDUSTRIAL ETHERNET MARKET FOR ENERGY & POWER, BY REGION, 2023–2028 (USD MILLION)
    8.10 MINING 
           8.10.1 DEPLOYMENT OF AUTOMATION IN MINING & METALS INDUSTRY FOR IMPROVED PRODUCTIVITY AND ENHANCED WORKFORCE SAFETY TO BOOST MARKET GROWTH
                    TABLE 44 INDUSTRIAL ETHERNET MARKET FOR MINING, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 45 INDUSTRIAL ETHERNET MARKET FOR MINING, BY REGION, 2023–2028 (USD MILLION)
    8.11 ENGINEERING/FABRICATION 
           8.11.1 NETWORKING TECHNOLOGIES ENSURE CONSISTENT, UNINTERRUPTED MOBILE CONNECTIVITY FOR WORKERS IN ENGINEERING AND FABRICATION APPLICATIONS
                    TABLE 46 INDUSTRIAL ETHERNET MARKET FOR ENGINEERING/FABRICATION, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 47 INDUSTRIAL ETHERNET MARKET FOR ENGINEERING/FABRICATION, BY REGION, 2023–2028 (USD MILLION)
    8.12 WATER & WASTEWATER 
           8.12.1 GROWING ADOPTION OF LOW-COST, LOW-POWER SENSORS AND EDGE-COMPUTING DEVICES TO INCREASE EFFICIENCY IN WATER & WASTEWATER OPERATIONS TO BOOST MARKET GROWTH
                    TABLE 48 INDUSTRIAL ETHERNET MARKET FOR WATER & WASTEWATER, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 49 INDUSTRIAL ETHERNET MARKET FOR WATER & WASTEWATER, BY REGION, 2023–2028 (USD MILLION)
    8.13 OTHERS 
           TABLE 50 INDUSTRIAL ETHERNET MARKET FOR OTHERS, BY REGION, 2018–2022 (USD MILLION)
           TABLE 51 INDUSTRIAL ETHERNET MARKET FOR OTHERS, BY REGION, 2023–2028 (USD MILLION)
 
9 INDUSTRIAL ETHERNET MARKET, BY REGION (Page No. - 96)
    9.1 INTRODUCTION 
           FIGURE 31 INDUSTRIAL ETHERNET MARKET IN CHINA TO REGISTER HIGHEST CAGR FROM 2023 TO 2028
           TABLE 52 INDUSTRIAL ETHERNET MARKET, BY REGION, 2018–2022 (USD MILLION)
           TABLE 53 INDUSTRIAL ETHERNET MARKET, BY REGION, 2023–2028(USD MILLION)
    9.2 NORTH AMERICA 
           FIGURE 32 NORTH AMERICA: INDUSTRIAL ETHERNET MARKET SNAPSHOT
           TABLE 54 INDUSTRIAL ETHERNET MARKET IN NORTH AMERICA, BY COUNTRY, 2018–2022(USD MILLION)
           TABLE 55 INDUSTRIAL ETHERNET MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION)
           TABLE 56 INDUSTRIAL ETHERNET MARKET IN NORTH AMERICA, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
           TABLE 57 INDUSTRIAL ETHERNET MARKET IN NORTH AMERICA, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
           9.2.1 US
                    9.2.1.1 Ideal environment for innovation facilitated advancements in industrial ethernet
                               TABLE 58 INDUSTRIAL ETHERNET MARKET IN US, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
                               TABLE 59 INDUSTRIAL ETHERNET MARKET IN US, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
           9.2.2 CANADA
                    9.2.2.1 Growing investments in process and discrete industries to contribute to market growth
                               TABLE 60 INDUSTRIAL ETHERNET MARKET IN CANADA, BY END-USE INDUSTRY, 2018–2022(USD MILLION)
                               TABLE 61 INDUSTRIAL ETHERNET MARKET IN CANADA, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
           9.2.3 MEXICO
                    9.2.3.1 Rapid adoption of smart manufacturing procedures to drive market
                               TABLE 62 INDUSTRIAL ETHERNET MARKET IN MEXICO, BY END-USE INDUSTRY, 2018–2022(USD MILLION)
                               TABLE 63 INDUSTRIAL ETHERNET MARKET IN MEXICO, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
    9.3 EUROPE 
           FIGURE 33 EUROPE: INDUSTRIAL ETHERNET MARKET SNAPSHOT
           TABLE 64 INDUSTRIAL ETHERNET MARKET IN EUROPE, BY COUNTRY, 2018–2022 (USD MILLION)
           TABLE 65 INDUSTRIAL ETHERNET MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION)
           TABLE 66 INDUSTRIAL ETHERNET MARKET IN EUROPE, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
           TABLE 67 INDUSTRIAL ETHERNET MARKET IN EUROPE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
           9.3.1 UK
                    9.3.1.1 Growing adoption of automation to fuel market growth
                               TABLE 68 INDUSTRIAL ETHERNET MARKET IN UK, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
                               TABLE 69 INDUSTRIAL ETHERNET MARKET IN UK, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
           9.3.2 GERMANY
                    9.3.2.1 Technological innovations related to automotive sector to fuel market growth
                               TABLE 70 INDUSTRIAL ETHERNET MARKET IN GERMANY, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
                               TABLE 71 INDUSTRIAL ETHERNET MARKET IN GERMANY, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
           9.3.3 FRANCE
                    9.3.3.1 Government focus on promoting industrial sectors to fuel adoption of industrial ethernet solutions
                               TABLE 72 INDUSTRIAL ETHERNET MARKET IN FRANCE, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
                               TABLE 73 INDUSTRIAL ETHERNET MARKET IN FRANCE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
           9.3.4 ITALY
                    9.3.4.1 Focus on smart factories to fuel market growth
                               TABLE 74 INDUSTRIAL ETHERNET MARKET IN ITALY, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
                               TABLE 75 INDUSTRIAL ETHERNET MARKET IN ITALY, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
           9.3.5 SPAIN
                    9.3.5.1 Development of automotive sector to drive market
                               TABLE 76 INDUSTRIAL ETHERNET MARKET IN SPAIN, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
                               TABLE 77 INDUSTRIAL ETHERNET MARKET IN SPAIN, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
           9.3.6 REST OF EUROPE
                    TABLE 78 INDUSTRIAL ETHERNET MARKET IN REST OF EUROPE, BY END-USE INDUSTRY, 2018–2022(USD MILLION)
                    TABLE 79 INDUSTRIAL ETHERNET MARKET IN REST OF EUROPE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
    9.4 ASIA PACIFIC 
           FIGURE 34 ASIA PACIFIC: INDUSTRIAL ETHERNET MARKET SNAPSHOT
           TABLE 80 INDUSTRIAL ETHERNET MARKET IN ASIA PACIFIC, BY COUNTRY, 2018–2022 (USD MILLION)
           TABLE 81 INDUSTRIAL ETHERNET MARKET IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION)
           TABLE 82 INDUSTRIAL ETHERNET MARKET IN ASIA PACIFIC, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
           TABLE 83 INDUSTRIAL ETHERNET MARKET IN ASIA PACIFIC, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
           9.4.1 CHINA
                    9.4.1.1 Growing use of industrial ethernet networks and solutions in automotive sector to boost market growth
                               TABLE 84 INDUSTRIAL ETHERNET MARKET IN CHINA, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
                               TABLE 85 INDUSTRIAL ETHERNET MARKET IN CHINA, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
           9.4.2 JAPAN
                    9.4.2.1 Ongoing technological developments in different industries to lead to deployment of advanced and highly precise automation solutions
                               TABLE 86 INDUSTRIAL ETHERNET MARKET IN JAPAN, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
                               TABLE 87 INDUSTRIAL ETHERNET MARKET IN JAPAN, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
           9.4.3 INDIA
                    9.4.3.1 Ongoing government initiatives for automation of different industries to fuel market growth
                               TABLE 88 INDUSTRIAL ETHERNET MARKET IN INDIA, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
                               TABLE 89 INDUSTRIAL ETHERNET MARKET IN INDIA, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
           9.4.4 SOUTH KOREA
                    9.4.4.1 Growing adoption of industrial ethernet by electronic goods manufacturing companies to drive market
                               TABLE 90 INDUSTRIAL ETHERNET MARKET IN SOUTH KOREA, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
                               TABLE 91 INDUSTRIAL ETHERNET MARKET IN SOUTH KOREA, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
           9.4.5 REST OF ASIA PACIFIC
                    TABLE 92 INDUSTRIAL ETHERNET MARKET IN REST OF ASIA PACIFIC, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
                    TABLE 93 INDUSTRIAL ETHERNET MARKET IN REST OF ASIA PACIFIC, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
    9.5 REST OF THE WORLD 
           TABLE 94 INDUSTRIAL ETHERNET MARKET IN ROW, BY REGION, 2018–2022 (USD MILLION)
           TABLE 95 INDUSTRIAL ETHERNET MARKET IN ROW, BY REGION, 2023–2028 (USD MILLION)
           TABLE 96 INDUSTRIAL ETHERNET MARKET IN ROW, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
           TABLE 97 INDUSTRIAL ETHERNET MARKET IN ROW, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
           9.5.1 SOUTH AMERICA
                    9.5.1.1 Rising deployment of factory automation solutions in different industries to boost market
                               TABLE 98 INDUSTRIAL ETHERNET MARKET IN SOUTH AMERICA, BY END-USE INDUSTRY, 2018–2022(USD MILLION)
                               TABLE 99 INDUSTRIAL ETHERNET MARKET IN SOUTH AMERICA, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
           9.5.2 MIDDLE EAST
                    9.5.2.1 Growing adoption of automation solutions in oil & gas industry to fuel market growth
                               TABLE 100 INDUSTRIAL ETHERNET MARKET IN MIDDLE EAST, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
                               TABLE 101 INDUSTRIAL ETHERNET MARKET IN MIDDLE EAST, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
           9.5.3 AFRICA
                    9.5.3.1 Production increase in food & beverage, automotive, and pharmaceutical industries to drive market
                               TABLE 102 INDUSTRIAL ETHERNET MARKET IN AFRICA, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
                               TABLE 103 INDUSTRIAL ETHERNET MARKET IN AFRICA, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
 
10 COMPETITIVE LANDSCAPE (Page No. - 137)
     10.1 INTRODUCTION 
             TABLE 104 COMPANIES ADOPTED PRODUCT LAUNCHES AND DEVELOPMENTS AS KEY GROWTH STRATEGIES FROM 2019 TO 2022
             TABLE 105 INDUSTRIAL ETHERNET MARKET: DEGREE OF COMPETITION
             FIGURE 35 MARKET SHARE OF KEY COMPANIES IN INDUSTRIAL ETHERNET MARKET, 2022
     10.2 COMPANY EVALUATION QUADRANT 
             10.2.1 INDUSTRIAL ETHERNET MARKET
                        10.2.1.1 Stars
                        10.2.1.2 Emerging leaders
                        10.2.1.3 Pervasive players
                        10.2.1.4 Participants
                                     FIGURE 36 INDUSTRIAL ETHERNET MARKET: COMPANY EVALUATION QUADRANT, 2022
     10.3 COMPETITIVE SITUATIONS AND TRENDS 
             10.3.1 PRODUCT LAUNCHES
                        TABLE 106 INDUSTRIAL ETHERNET MARKET: PRODUCT LAUNCHES, JANUARY 2019–NOVEMBER 2022
                        TABLE 107 INDUSTRIAL ETHERNET MARKET: DEALS, JANUARY 2019–NOVEMBER 2022
 
11 COMPANY PROFILES (Page No. - 145)
(Business overview, Products offered, Recent developments & MnM View)*  
     11.1 KEY PLAYERS 
             11.1.1 SIEMENS
                        TABLE 108 SIEMENS: BUSINESS OVERVIEW
                        FIGURE 37 SIEMENS: COMPANY SNAPSHOT
                        TABLE 109 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 110 SIEMENS: PRODUCT LAUNCHES
                        TABLE 111 SIEMENS: DEALS
             11.1.2 ROCKWELL AUTOMATION
                        TABLE 112 ROCKWELL AUTOMATION: BUSINESS OVERVIEW
                        FIGURE 38 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
                        TABLE 113 ROCKWELL AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 114 ROCKWELL AUTOMATION: PRODUCT LAUNCHES
                        TABLE 115 ROCKWELL AUTOMATION: DEALS
             11.1.3 CISCO SYSTEMS
                        TABLE 116 CISCO SYSTEMS: BUSINESS OVERVIEW
                        FIGURE 39 CISCO SYSTEMS: COMPANY SNAPSHOT
                        TABLE 117 CISCO SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 118 CISCO SYSTEMS: PRODUCT LAUNCHES
                        TABLE 119 CISCO SYSTEMS: DEALS
             11.1.4 OMRON
                        TABLE 120 OMRON: BUSINESS OVERVIEW
                        FIGURE 40 OMRON: COMPANY SNAPSHOT
                        TABLE 121 OMRON: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 122 OMRON: PRODUCT LAUNCHES
                        TABLE 123 OMRON: DEALS
             11.1.5 MOXA
                        TABLE 124 MOXA: BUSINESS OVERVIEW
                        TABLE 125 MOXA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 126 MOXA: PRODUCT LAUNCHES
             11.1.6 BELDEN
                        TABLE 127 BELDEN: BUSINESS OVERVIEW
                        FIGURE 41 BELDEN: COMPANY SNAPSHOT
                        TABLE 128 BELDEN: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 129 BELDEN: PRODUCT LAUNCHES
                        TABLE 130 BELDEN: DEALS
             11.1.7 HUAWEI TECHNOLOGIES
                        TABLE 131 HUAWEI TECHNOLOGIES: BUSINESS OVERVIEW
                        FIGURE 42 HUAWEI TECHNOLOGIES: COMPANY SNAPSHOT
                        TABLE 132 HUAWEI TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 133 HUAWEI TECHNOLOGIES: PRODUCT LAUNCHES
                        TABLE 134 HUAWEI TECHNOLOGIES: DEALS
                        TABLE 135 HUAWEI TECHNOLOGIES: OTHERS
             11.1.8 SICK
                        TABLE 136 SICK: BUSINESS OVERVIEW
                        FIGURE 43 SICK: COMPANY SNAPSHOT
                        TABLE 137 SICK: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 138 SICK: PRODUCT LAUNCHES
                        TABLE 139 SICK: DEALS
             11.1.9 SCHNEIDER ELECTRIC
                        TABLE 140 SCHNEIDER ELECTRIC: BUSINESS OVERVIEW
                        FIGURE 44 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
                        TABLE 141 SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 142 SCHNEIDER ELECTRIC: DEALS
             11.1.10 ABB
                        TABLE 143 ABB: BUSINESS OVERVIEW
                        FIGURE 45 ABB: COMPANY SNAPSHOT
                        TABLE 144 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 145 ABB: DEALS
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.  
     11.2 OTHER PLAYERS 
             11.2.1 GE GRID SOLUTIONS
             11.2.2 ADVANTECH
             11.2.3 HMS NETWORKS
             11.2.4 IFM ELECTRONIC
             11.2.5 WEIDMULLER
             11.2.6 PATTON
             11.2.7 BECKHOFF AUTOMATION
             11.2.8 HONEYWELL
             11.2.9 AAEON
             11.2.10 TURCK
             11.2.11 BOSCH REXROTH
             11.2.12 HITACHI
                        TABLE 146 HITACHI: COMPANY OVERVIEW
             11.2.13 ERICSSON
                        TABLE 147 ERICSSON: COMPANY OVERVIEW
             11.2.14 MITSUBISHI ELECTRIC GROUP
                        TABLE 148 MITSUBISHI ELECTRIC GROUP: COMPANY OVERVIEW
             11.2.15 CHAOS PRIME
                        TABLE 149 CHAOS PRIME: COMPANY OVERVIEW
 
12 APPENDIX (Page No. - 197)
     12.1 DISCUSSION GUIDE 
     12.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     12.3 CUSTOMIZATION OPTIONS 
     12.4 RELATED REPORTS 
     12.5 AUTHOR DETAILS 

The study has involved four major activities in estimating the size of the industrial ethernet market. Exhaustive secondary research has been done to collect information on the market, the peer market, and the parent market. To validate these findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the total market size. After that, market breakdown and data triangulation methods have been used to estimate the market for segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, and Factiva have been referred to identify and collect information for this study. These secondary sources included annual reports, press releases and investor presentations of companies, white papers, certified publications, articles by recognized authors, gold-standard and silver-standard websites, regulatory bodies, trade directories, and databases.

Primary Research

Extensive primary research has been conducted after understanding and analyzing the industrial ethernet market through secondary research. Several primary interviews have been conducted with key opinion leaders from both the demand-side and supply-side vendors across four major regions—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). Various primary sources from both the supply and demand sides of the market have been interviewed to obtain qualitative and quantitative information. The breakdown of primary respondents is as follows-

Industrial Ethernet 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 have been used to estimate and validate the total size of the industrial ethernet market. These methods have also been used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size is as follows:

  • Key players in the industry and markets have been identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • Revenue of various industrial ethernet hardware, software, and services providers is considered to arrive at global numbers.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size from the estimation process explained earlier, the global market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, the data triangulation and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the industrial ethernet market has been validated using both the top-down and bottom-up approaches.

Report Objectives

  • To define, describe, and forecast the industrial ethernet market, by offering, protocol, and end-use industry, in terms of value
  • To describe and forecast the market size, by region, for North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW), in terms of value
  • To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
  • To strategically analyze Micromarkets with respect to individual growth trends, prospects, and contributions to the total market
  • To describe the value chain of the industrial ethernet market
  • To analyze opportunities in the market for stakeholders and describe the competitive landscape of the market
  • To strategically profile key players and comprehensively analyze their market ranking and core competencies
  • To analyze competitive developments such as product developments/launches, expansion, and acquisitions in the market

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to a 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 5)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Request Customization

Instant Answers with GPT - Ask Now!

Ask real questions. Get complete answers !
Report Code
SE 4779
Published ON
Jan, 2023
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Industrial Ethernet Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status Website Feedback