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Global Industrial Communication Market To Grow At A CAGR Of 12.79% During The Period 2017-2021

Press Release   •   Jan 31, 2017 07:24 EST

MarketResearchReports.biz has recently announced the addition of a market study “ Global Industrial Communication Market 2017-2021 ”, is a comparative analysis of the global market.

About Industrial Communication

Industrial communication protocols such as Ethernet are widely used in office networks for data transfers. In the recent times, communication protocols are used in factory floors to meet communication needs of industrial applications. The industrial plant's environment is harsh with extreme temperature conditions, humidity, and vibration. Industrial-based devices are designed to be rugged to withstand such extreme conditions and function effectively. Industrial communication can be performed using three protocols, namely Fieldbus, Ethernet, and wireless.

Technavios analysts forecast the global industrial communication market to grow at a CAGR of 12.79% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial communication market for 2017-2021. To calculate the market size, the report considers the revenue generated from sales and aftermarket services of industrial Ethernet (IE) and wireless protocols used in devices by the market participants, for both process and discrete industries globally, is covered in this report.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global Industrial Communication Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Download The sample Copy Of This Report: http://www.marketresearchreports.biz/sample/sample/938688

Key vendors

ABB

Rockwell Automation

Schneider Electric

Siemens

Other prominent vendors

Advantech

Beckhoff Automation

Cisco Systems

Emerson Electric

Endress+Hauser

General Electric

Infineon Technologies

National Instruments

TE Connectivity

Texas Instruments

Market driver

Growing demand from water and wastewater treatment industry.

For a full, detailed list, view our report

Market challenge

Lack of determinism in industrial communication networks.

For a full, detailed list, view our report

Market trend

Rising adoption of industrial communications in machine vision systems.

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

Table Of Content

PART 01: Executive summary

PART 02: Scope of the report

Market overview

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Market overview

Market size and forecast

Five forces analysis

PART 06: Market segmentation by protocol

Market size and forecast

PART 07: Geographical segmentation

Market size and forecast

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

Competitive scenario

Key vendor profiles

Other prominent vendors

PART 14: Appendix

List of abbreviations

PART 15: Explore Technavio