Global Industrial Ethernet Cables Market 2018-2022: Market to Grow at a CAGR of 17% with Belden, Hitachi, Nexans, Prysmian Group, Rockwell Automation & Siemens Dominating
Dublin, Dec. 11, 2018 (GLOBE NEWSWIRE) -- The "Global Industrial Ethernet Cables Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The market will register a CAGR close to 17% by 2023.
Owing to the factors including growing adoption of IoT and rising interest in automation, the advent of single pair Ethernet cabling will emerge as the latest market trend. To address wiring and cable system standards, the IEEE has been suggesting specifications for single-pair cabling in both industrial and commercial applications.
Market Overview
Growing benefits of industrial Ethernet
Owing to the several benefits offered by the industrial Ethernet including the advances in bandwidth, speed, and reliability, the demand for industrial Ethernet will grow significantly in the forthcoming years. Industrial Ethernet also enables organizations to leverage the economies of scale and exert a certain control over the networked manufacturing equipment.
Growing preference for wireless communication
Wireless communication protocols are increasingly being adopted among several end-user industries owing to several advantages including the effective maintenance and lower repair costs. Owing to their increased popularity, the wireless communication protocols currently occupy around 8% of the global communication networks market, in turn, hindering the growth of industrial Ethernet cables market.
Competitive Landscape
The market appears to be moderately fragmented with the major market players focusing on offering product differentiation to meet the evolving needs of the consumers. Industrial Ethernet manufacturers are also engaging in continuous R&D for developing advanced products. This market research report provides in-depth analysis of the various strategies being adopted by the market players, which, in turn, will help the clients in making informed business decisions.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
- Market sizing 2017
- Global industrial Ethernet cables market - Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY PROTOCOL
- Comparison by protocol
- EtherNet/IP
- PROFINET
- EtherCAT
- Modbus TCP/IP
- POWERLINK
- Others
- Market opportunity by protocol
PART 08: CUSTOMER LANDSCAPE
PART 09: MARKET SEGMENTATION BY END-USERr
- Comparison by end-user
- Discrete industry
- Process industry
- Market opportunity by end-user
PART 10: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Key leading countries
- Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
- Advent of single pair Ethernet cabling
- Emergence of new-generation PoE: IEEE802.3bt
- Advent of Ethernet with time-sensitive networking
PART 14: VENDOR LANDSCAPE
- Landscape disruption
- Competitive Landscape
PART 15: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
Companies Mentioned
- Belden
- Hitachi
- Nexans
- Prysmian Group
- Rockwell Automation
- Siemens
For more information about this report visit https://www.researchandmarkets.com/research/cn9n2j/global_industrial?w=12
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