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Industrial Ethernet Market Share
- Report ID: GMI2437
- Published Date: Nov 2022
- Report Format: PDF
Industrial Ethernet Market Share
- Moxa Inc
- Parker Hannifin Corporation
- Eaton Corporation
- Rockwell Automation
- ABB Ltd
- Monnit Corporation (Alta Ethernet Gateway)
- ACS Motion Control Ltd
- Barta-Schoenewald, Inc
- Schneider Electric SE
- Belden, Inc
- Cisco Systems, Inc
- Honeywell International Inc
- Omron Corporation
- Innovasic Inc
- Siemens AG
- Yokogawa Electric Corporation
are some of the key industrial ethernet market players. These participants engage in partnerships and collaborations with automation solution vendors to enhance their portfolio and gain prominence in the industrial automation sector
Frequently Asked Questions (FAQ) :
The market size of industrial ethernet surpassed USD 50 billion in 2022 and is set to progress at nearly 15% CAGR through 2032 owing to increasing investment in network infrastructure across various industries.
The aerospace & defense application segment is anticipated to record around 10% growth rate between 2023 and 2032 owing to the significant utilization of ethernet solutions in avionics communication systems.
The hardware segment is primed to clock approximately 75% of the market share by 2032 as it aids in structuring networked machines and integrating them within the existing corporate network.
The North America industrial ethernet market valued at USD 25 billion in 2022 as a result of arrival of the industry 4.0 standards in the region.
Industrial Ethernet Market Scope
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