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Detailed examination of the Global industrial communication market analysis from 2017 to 2023

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Industrial Communication Market Global Industry Report 2017 is a professional and in-depth study on the current state of the Industrial Communication Market insight. Report provides market size, share, growth, trend, supplier, top player, manufacturer, demand, outlook, opportunities, competitors, production, revenue analysis forecast to 2023 from 2017.

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Industrial Communication Companies Profiled In Report: Schneider Electric SE (France), Texas Instruments Incorporated (U.S.), TE Connectivity Ltd (Switzerland), Siemens AG (Germany), ABB LTD (Switzerland), Rockwell Automation, Inc. (U.S.), Emerson Electric Company (U.S.), National Instruments (U.S.), Infineon Technologies AG (Germany), General Electric (U.S.), and Advantech Industrial Automation Group (U.S.).

The growth of the industrial communication market can be attributed to the increasing demand for industrial communication in electronics and automotive manufacturing applications. The market for industrial communication technology is expected to grow because of the increased requirements for sharing information database, enhancing energy efficiency, increasing safety, and reducing down time.

The growing adoption of IIoT plays a significant role in the growth of the industrial communication market. The growing machine-to-machine communication is also driving the growth of the industrial communication market.

However, the adoption of different standards by different equipment manufacturers hinders the data collection and information generating process for the industrial communication market.

The target audience for the report includes:

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

“Field bus communication protocol holds the largest share”

This report covers Field bus, industrial Ethernet, and wireless communication protocol used in industrial communication. Field bus still holds the largest share of the industrial communication market in major process industries, and has a strong base in developing regions such as India and China with its ability to integrate with wireless devices across multiple networks and significantly help in improving the overall plant performance, environmental safety, and efficiency.

“Industrial communication market in APAC expected to grow at the highest rate”

This report covers regions including North America, Europe, Asia-Pacific, and Rest of the World (RoW). The market in APAC is expected to grow at a high CAGR between 2016 and 2022.

The major reason for the growth of the industrial communication market in APAC is that it is one of the largest producers of consumer electronics in the world, which is boosting the use of advanced automation in these industries which, in turn, uses industrial communication systems. APAC is also the major automotive production hub in the world, which boosts the market for industrial communication in automotive manufacturing applications.

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Industrial Communication Market Overview –

Industrial Communication market, by Offering:

  • Component
  • Software
  • Services

 Industrial Communication market, by Communication Protocol:

  • Fieldbus
  • Industrial Ethernet
  • Wireless

 Industrial Communication market, End-Use Application:

  • Automotive & Transportation
  • Electrical and Electronics
  • Aerospace & Defense
  • Oil & Gas
  • Water and Wastewater
  • Food & Beverages
  • Pharmaceutical
  • Energy and Power Generation
  • Mining
  • Chemicals & Fertilizers
  • Engineering/Fabrication
  • Others (Paper & Pulp, Cement, and Glass)

Industrial Communication market, by Geography:

  • North America
  • Europe
  • Asia Pacific (APAC)
  • Rest of the World (RoW)

This report covers the key software, services, and components of the industrial communication market. The communication protocols include three major types, namely, Field bus, industrial Ethernet, and wireless.

The report covers various end-use applications including automotive and transportation, electrical and electronics, aerospace and defense, oil and gas, water and wastewater, food & beverages, pharmaceutical, energy and power generation, mining, chemicals and fertilizers, and engineering/fabrication. The entire industrial communication is divided on the basis of region into North America, Europe, APAC, and RoW.

 This report segments the Industrial Communication market comprehensively and provides the closest market size estimation for sub segments across different regions. The report would help stakeholders understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities for market growth.

This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes the information on the competitor’s ecosystem, product launches, acquisitions, partnerships, agreements, contracts, and collaborations.

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