Industrial Ethernet Solutions Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

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Industrial Ethernet Solutions Market: Market Overview

The standard Ethernet solutions when used in an industrial environment; are known as industrial Ethernet solutions. The industrial Ethernet solutions are particularly switches and media converters used in industries. The industrial Ethernet solutions are used to integrate AC drives, controllers, monitoring sensors and other crucial components of various industrial processes such as water treatment systems. The industrial Ethernet solutions are also expected to boost the market for factory automation devices, containing in-built connectivity for the Ethernet. The routing capability can be enhanced and incorporated by the replacement of routers designed specifically for use on the factory-floor by the layer-3 switches. With the growth of the industrial Ethernet solutions, the market for the associated products such as the wireless access points, varied switches, routers, gateways and connectors etc.; is also expected to grow. The use of industrial Ethernet solutions directly avails all the information necessary for the control of production processes and management. Firewalls and diagnostic software are some of the IT industrial Ethernet solutions.

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Industrial Ethernet Solutions Market: Market Dynamics

The increasing demand for Ethernet solutions in different industries such as food, beverages, and pharmaceuticals, is fueling the growth of the industrial Ethernet solutions market. Another major driving factor is the technological advancement in the market, for instance, the introduction of “Industry 4.0”; that comprises of easy automation and computation of technologies in the industries. The growing demand for interconnectivity for improved efficiency and output is also contributing to the growth of the industrial Ethernet solutions market. The increasing need for electronics coupled with the establishment of more and more manufacturing plants for their production is also enhancing the industrial Ethernet solutions market growth. However, the high initial cost of investment is a restraining factor for the growth of the industrial Ethernet solutions market. Moreover, the implementation of a completely new system in an existing infrastructure is also a challenging factor. The big data analytics coupled with the cloud-based analytics, are widening the scope of the industrial Ethernet solutions market. The real time motion control mechanisms of the industrial Ethernet solutions are also creating the future growth opportunities. One of the prominent trends in the global industrial Ethernet solutions market is the inclusion of IoT (Internet of Things) and AI (Artificial Intelligence) in developing and providing the industrial Ethernet solutions.

Industrial Ethernet Solutions Market: Market Segmentation

The global industrial Ethernet solutions market can be segmented on the basis of protocol type:

CC-Link IE
Ethernet/IP
EtherCAT
Modbus TCP
POWERLINK
PROFINET
Sercos lll

It can also be segmented on the basis of the end-user industry:

Automobiles
Aerospace
Defense
Food & Beverages
Engineering & Fabrication
Oil & Gas
Pharmaceutical
Waste Water Management
Others

Industrial Ethernet Solutions Market: Segmentation Overview

In protocol type, the PROFINET is referred for industrial Ethernet solutions as an industry standard in itself. It serves the purpose of gathering and forwarding the data within the time constraints, also provides real-time outputs. The industrial Ethernet solutions especially the PROFINET facilitates the automobile manufacturers in their day-to-day production and operations. This is attributed to the feature that PROFINET transmits the data rapidly via varied manufacturing devices. The industrial Ethernet solutions drastically enhance the speed of the data and stability of the platform. They also support both ring configurations as well as line technologies. The industrial Ethernet solutions enable the drives to communicate effectively without the control processor overheads or delay in timings. They are also specifically designed to enhance the flexibility of the machines. The industrial Ethernet solutions are simple and efficient in architecture and improve the decision-making and processing power in motion control as well as in sensors and drives.

Industrial Ethernet Solutions Market: Regional Outlook

The global industrial Ethernet solutions market geographically is segmented as North America, Eastern Europe, Western Europe, Latin America, Asia-Pacific excluding Japan, Japan, and Middle East & Africa. North America and Europe hold a significant market share of industrial Ethernet solutions market owing to the fully automated manufacturing processes. Furthermore, the increase in R & D activities related to aerospace and automobiles, wherein industrial Ethernet solutions are useful, aids in boosting the growth of industrial Ethernet solutions market in the region. The market in the APEJ region is more inclined towards growing demand for industrial Ethernet solutions because of the increasing industrial automation. China followed by India is expected to hold a higher market share for the industrial Ethernet solutions, over the forecast period.

Industrial Ethernet Solutions Market: Recent Developments

Beckhoff Automation offers its customers EtherNet/IP which is the industrial Ethernet solutions standard of Open DeviceNet Vendor Association (ODVA) and is also based on the Ethernet TCP/IP and UDP/IP. Companies such as Belden Inc. offers their customers participation in the industrial Ethernet solutions design workshop for a better understanding of the benefits associated with it. Cisco offers its customers IoT (Internet of Things) based industrial Ethernet solutions. Eaton offers industrial Ethernet solutions designed for flexible configurations that allow expanded networks.

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Industrial Ethernet Solutions Market: Prominent Players

Some of the prominent players in the global industrial Ethernet solutions market are:

Advantech Co., Ltd.
Beckhoff Automation
Belden Inc.
Bosch Rexroth USA
Cisco
Delta Electronics, Inc.
Dymec
Eaton
General Electric
Hitachi, Ltd.
Industrial Networking Solutions
Kapsch Group
Leonton Technologies
Molex, LLC
Mouser Electronics, Inc
Moxa Inc.
Rockwell Automation, Inc
Schneider Electric
Siemens AG
TNS Asia Pacific Pte Ltd.
Westermo

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