By Daniel Webster, dWeb.News
| BANGALORE, India, 15 July 2021 /PRNewswire/ -- There are several segments in the Industrial Ethernet Market. These include Type (EtherCAT, Modbus, EtherCAT, POWERLINK), Application (Electric Power, Transportation, Oil & Gas) as well as by regions. Global Opportunity Analysis and Industry Forecast 2021-2027. This report is published by Valuates Reports in the Internet & Telecom Category. The global Industrial Ethernet market is expected to grow at 6.0% CAGR between 2021-2027. It was USD 2123.4 Million in 2020. The following are major factors that have influenced the growth of the industrial Ethernet market: The market for industrial ethernet will be boosted by the increasing adoption of industrial4.0, which requires reliable internet connectivity. The industrial ethernet market is growing because of the need for interoperable, scalable, reliable and interoperable communication protocols. The industrial ethernet market will be fueled by rising initiatives by governments in developing countries to encourage the adoption of industrial automation. View the full report at https://reports.valuates.com/reports/QYRE Auto-6Y2718/global–industrial-ethernet TRENDS INFLUENCING MARKET GROWTH IN THE INDUSTRIAL ETHERNET: The industrial ethernet market will be driven by the increasing adoption of industrial 4.0. As industrial enterprises move to Industry 4.0, their technical requirements will increase in terms of reliability, throughput, connectivity, and reach. The transition from industrial protocols to Ethernet will improve interoperability and enable seamless connectivity with an expanding network of Ethernet devices both inside and outside the factory premises. Industrial ethernet, which is the gateway to the Internet, allows devices on-premises to communicate worldwide. The Industrial Ethernet market is expected to grow because of the growing demand for interoperable, scalable, fast, reliable and interoperable communication protocols. Industrial Ethernet is essential for total transparency within an industrial plant as well as between the plant's network and corporate networks. The Industrial Ethernet market is expected to grow because of the increasing need to ensure that specific manufacturing data is accurately sent and received. PROFINET, EtherCAT and other industrial Ethernet protocols modify traditional Ethernet to ensure that specific manufacturing data are not only sent and received correctly, but also delivered and received at the right time to complete a specific function. The growing demand for network redundancy and speed is driving the Industrial Ethernet market. It is possible to create a network of devices capable of communicating with each other even if a cable breaks or is unplugged. Safety-critical systems need to be reliable and resilient. This level of reliability can be achieved by using Industrial Ethernet switches. The flexibility of an installed network is greatly increased by using industrial Ethernet instead of serial communication in factories. One cable can be used to transmit video, voice, and other data. In contrast, the Fieldbus systems could only handle one task and had no flexibility for diversification. Request a Free Sample at https://reports.valuates.com/request/sample/QYRE Auto-6Y2718/Global_Industrial_Ethernet_Market INDUSTRIAL ETHERNET SHARE North America is expected be the most lucrative. North America's industrial ethernet growth will be driven by the introduction of Industry 4.0. The industry will also benefit from government regulations and initiatives that encourage industrial automation in the manufacturing, and automotive industries. A significant number of players in industrial automation will help to develop the market in the region. Request Regional Data: https://reports.valuates.com/request/regional/QYRE Auto-6Y2718/Global_Industrial_Ethernet_Market INDUSTRIAL ETHERNET SEGMENTATION By Region North America Europe Asia Pacific Middle East and Africa By Type Ethernet/IP PROFINET EtherCAT Mobbus TCP/IP POWERLINK Other By Application Electric Power Transport Oil & Gas Others By Company Belden Siemens Moxa Contact Phoenix Red Lion Controls Cisco Schneider Electric Rockwell Automation Beckhoff automation Westermo Kyland WAGO Corporation Advantech Transcend Buy Now for a Single Use: https://reports.valuates.com/api/directpaytoken.rcode=QYRE Auto-6Y2718&lic=single_user Buy Now for Enterprise Users: https://reports.valuates.com/api/directpaytoken.rcode=QYRE Auto-6Y2718&lic=enterprise–user SUBSCRIPTION We offer a custom-made subscription to our customers. To learn more about our subscription plans, please leave a comment in the Comment Section. SIMILAR REPORTS - The Industrial PROFINET Market can be segmented by Type PROFINET IO, PROFINET IO, and Application Web Service. The Industrial Ethernet Connectors Market was valued in 2019 at USD 597.3 million and is expected to reach USD 996.6 Million by 2026. It will grow at a 7.9% CAGR between 2021-2026. Automotive Ethernet market size is expected to reach USD 2850.6 million by 2026, up from USD 1254.1 millions in 2019, at a CAGR 12.3% between 2021-2026. The market for Industrial Ethernet Switches is segmented into Type Modular switches and Fixed configuration switches, according to Application Manufacturing, Aerospace and Defense, Electric and Power, Oil and Gas, Automotive and Transportation, and other regions. - The Industrial Ethernet Market is segmented into Type 10 Mbps, Type 100 Mbps, Application Industrial 4.0, Smart Factory, Communication, Automotive, and other regions. - The Managed Industrial Ethernet Switches market can be segmented by Application Factory and Industrial Automation, Marine, Rail and Intelligent Transportation Systems, Oil and Gas, Mining and Outdoor Applications, and by different regions. - The Industrial Ethernet Switch in PIS Market can be segmented by Type Software, Hardware, Services, Application Subway, Rail, and other regions. - The global ethernet market was valued at USD 7.60 billion in 2018. It is expected to grow at a CAGR 13.5% between 2019 and 2026. Click here for more information on Industrial Ethernet Market ABOUT US Valuates provides in-depth market insight into many industries. Our extensive database of reports is continually updated to meet your industry analysis needs. Our market analysts can help you choose the right report for your industry. We are sensitive to the needs of your specific niche and offer customized reports. You can request any information you need from a report tailored to your market analysis needs with our customization. Data is collected from multiple sources. To ensure a consistent view of market, data triangulation methods are used at each step to reduce deviation and provide a consistent view. Each sample we share includes a detailed research methodology used to create the report. To see a complete list of data sources, please contact our sales team. 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