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Industrial Communication Market Share

  • Report ID: GMI3367
  • Published Date: May 2019
  • Report Format: PDF
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Industrial Communication Market Share

The key vendors in the industrial communication market are

  • Cisco
  • ABB
  • Siemens
  • Rockwell Automation
  • Schneider
  • Beckhoff Automation
  • General Electric
  • ACS Motion Control
  • Honeywell International
  • Omron Corporation
  • Eaton
  • Belden
  • Moxa

The players operating in the market are competing based on physical network infrastructure, communication protocols, and system integrations to enhance their customer base and profitability. The players are leveraging on inorganic growth strategies to gain market share and get an edge over competitors. Merger & acquisition is witnessed to be the most common strategy among market players. For instance, in 2016, Rockwell Automation acquired Maverick Solutions, a system integrator, for gaining domain expertise and delivering innovative control & information solutions to customers across several industry verticals such as chemical, food & beverage, and oil & gas.

Authors: Suraj Gujar, Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of industrial communication estimated at over USD 80 billion in 2018.

The industry share of industrial communication is anticipated to grow at a CAGR of more than 10% from 2019 to 2025.

Companies such as ABB, Cisco, Rockwell Automation, Siemens, Beckhoff Automation, Schneider, ACS Motion Control, General Electric, Omron Corporation, and Honeywell International are currently at the forefront of the business.

The automotive sector is actively implementing communication technologies to support efficient manufacturing process that offers advantages like lower cost of production, flexibility of process and operational efficiency.

Ethernet protocols work on the MAC layer to provide low latency responses and a flexible number of nodes and network topology in the system, turning them into an ideal solution for industrial communication applications.

Industrial Communication Market Scope

  • Industrial Communication Market Size
  • Industrial Communication Market Analysis
  • Industrial Communication Market Share

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    Premium Report Details

    • Base Year: 2018
    • Companies covered: 21
    • Tables & Figures: 507
    • Countries covered: 18
    • Pages: 350
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