Industrial Ethernet Market Research Report - Global Forecast till 2027

Global Industrial Ethernet Market Research Report: Information by Component {Hardware [Switches, Connectors (Hubs, Router and Gateway), Communication Interface, Power Supply Devices and Controller and Processors], Software and Service (Installation and Testing Services and Maintenance Services)}, Protocol (HSE, Sercos III, Ethernet/IP, Modbus TCP/IP, Gigabit Wi-Fi, Ethernet TCP/IP, Powerlink, EtherCAT and CC-Link IE), Industry Vertical (Aerospace & Defense, Energy & Power, Pharmaceutical, Oil & Gas, Food & Beverages, Chemical, Automotive and others) and Region (North America, Europe, Asia Pacific, the Middle East & Africa and South America) - Forecast till 2027

ID: MRFR/ICT/3402-CR | August 2019 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2019-2025 to 2020-2027. Cordially fill the sample form for updated data.

Market Synopsis of the Global Industrial Ethernet Market


Market Scenario


Ethernet is the computer networking technology commonly used for local area networks (LAN) and is standardized as IEEE 802.3. Industrial Ethernet is the use of traditional Ethernet standards in an industrial environment for real-time monitoring and process control. To make that possible, various protocols such as EtherCAT, CC-Link IE, Powerlink, Ethernet TCP/IP, Gigabit Wi-Fi, Modbus TCP/IP, and Ethernet/IP are used for industrial Ethernet. These industrial protocols can be integrated with extended temperature switches and rugged connectors for real-time processing and automation in an industrial environment.


Growing adoption of industrial Internet of Things (IIoT) in the manufacturing and process industries is one of the factors responsible for the growth of the global industrial Ethernet market. Recently, many industries, including oil & gas, chemical, and food & beverage, are migrating towards the latest technology for the process automation. This is because industrial Ethernet technology enables seamless data transfer across the entire plant floor via a secure network connection. This helps minimize the downtime of the industry and also helps improve the productivity in the supply chain and production process of the industry. Furthermore, government initiatives supporting the process and manufacturing industries to adopt the latest technology is another factor driving the growth of the market. However, substantial capital investments are required to install industrial Ethernet solutions is the factor hampering the growth of the global industrial Ethernet market during the forecast period



  • In July 2019, Yokogawa Electric Corporation introduced CENTUM VP R6.07, a new product in the family of OpreX control and safety systems. CENTUM VP R6.07 supports PROFINET industrial Ethernet standard specifically designed to improve the productivity and efficiency of the industrial process.



  • In December 2018, ABB introduced EtherNet/IP communication interface for its universal motor controller, UMC100.3. This simplifies wiring & installation process as well as maximizes uptime of the business process and speed up project delivery of the industry.



  • In May 2017, Analog Devices, Inc. introduced a real-time industrial Ethernet as a part of its deterministic and high-performance Ethernet connectivity solutions for providing intelligent factory applications. This improves the performance of the industry while reducing power consumption.


The Global Industrial Ethernet Market, 2019–2025 (USD Billion)  Industrial Ethernet Market


Source: MRFR Analysis


The global industrial ethernet market is expected to reach approximately USD 70.9 billion by 2025, with a 23.1% CAGR over the forecast period, 2019–2025.


Key Players


Some of the key players of the global industrial Ethernet market are Beckhoff Automation GmbH & Co. KG (Germany), Cisco Systems, Inc. (US), Rockwell Automation, Inc. (US), Schneider Electric (France), Belden Inc. (US), ACS Motion Control (Israel), General Electric (US), ABB (Switzerland), Analog Devices, Inc (US), B&R (Austria), Moxa Inc. (Taiwan), OMRON Corporation (Japan), Eaton (Ireland), Bosch Rexroth AG (Germany), and Yokogawa Electric Corporation (Japan).


Segmentation


The global industrial ethernet market has been segmented into component, protocol, and industry vertical, and region.


By component, the global market has been segmented into hardware, software, and services. The hardware segment has been further categorized into switches; connectors; hubs, router, and gateway; communication interface; power supply devices; and controller and processors. The services segment has been bifurcated into installation & testing services and maintenance services.


By protocol, the global market has been segmented into HSE, Sercos III, Ethernet/IP, Modbus TCP/IP, Gigabit Wi-Fi, Ethernet TCP/IP, Powerlink, EtherCAT, and CC-Link IE.


By industry vertical, the global market has been segmented into aerospace & defense, energy & power, pharmaceutical, oil & gas, food & beverages, chemical, automotive, and others


Regional Analysis


The geographical analysis of the global industrial Ethernet network market is studied for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.


North America is dominating the global industrial Ethernet network market due to the presence of early adopters of the latest technology in this region. Additionally, companies such as Cisco Systems, Inc., Rockwell Automation, Inc., Belden Inc., and Analog Devices, Inc. are leading the industrial ethernet market in this region. These are some of the factors responsible for the growth of global industrial Ethernet market during the forecast period in the region.


Asia-Pacific is expected to account for the highest CAGR in the global industrial Ethernet market during the forecast period due to the presence of leading giants such as Moxa Inc., OMRON Corporation, and Yokogawa Electric Corporation (Japan). The other factors that are responsible for the growth of the market are the early adoption of technology and high penetration IoT devices. Furthermore, growing need for automation in manufacturing and process industries and increased investment in research and development by countries such as China, Japan, and India are another factor driving the growth of the market.


Target Audience



  • Storage providers

  • Network equipment providers

  • Telecom operators

  • Research firms

  • Electronic component industries

  • Auto component manufacturer

  • Electronics industry

  • Government agencies

  • Military and defense

  • Aerospace industry



Frequently Asked Questions (FAQ) :


The global industrial Ethernet market is expected to record a market value of USD 70.9 billion by 2025

The global market for industrial Ethernet is poised to record a CAGR of 23.1% over the review period of 2019 to 2025.

The growing adoption of the Industrial Internet of Things (IIoT) in the manufacturing and process verticals is one of the major factors accountable for the global industrial Ethernet market growth.

The high requirement of capital investment to install industrial Ethernet solutions is a limitation for market growth.

Major industry verticals adopting industrial Ethernet solutions are aerospace and defense, IT and telecom, and automotive, among others.

the early adoption of technology, presence of significant market players and high penetration IoT devices is expected to drive the North American market for industrial Ethernet Solutions.

Cisco Systems, Inc. (US), Beckhoff Automation GmbH & Co. KG (Germany), Rockwell Automation, Inc. (US), Schneider Electric (France), are some of the major market players for industrial Ethernet solutions.

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New ENTRANTS

4.1.2 Bargaining Power of buyers

4.1.3 Threat of Substitutes

4.1.4 Segment Rivalry

4.1.5 Bargaining Power of Suppliers

4.2 Value Chain of Global Industrial Ethernet Market

5 Industry Overview of Global Industrial Ethernet Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

6 Global Industrial Ethernet Market, by Component

6.1 Introduction

6.2 Hardware

6.2.1 Market Estimates & Forecast, 2020–2027

6.2.2 Market Estimates & Forecast by Region, 2020–2027

6.2.3 Switches

6.2.3.1 Market Estimates & Forecast, 2020–2027

6.2.3.2 Market Estimates & Forecast by Region, 2020–2027

6.2.4 Connectors

6.2.4.1 Market Estimates & Forecast, 2020–2027

6.2.4.2 Market Estimates & Forecast by Region, 2020–2027

6.2.5 Hubs, Router, and Gateway

6.2.5.1 Market Estimates & Forecast, 2020–2027

6.2.5.2 Market Estimates & Forecast by Region, 2020–2027

6.2.6 Communication Interface

6.2.6.1 Market Estimates & Forecast, 2020–2027

6.2.6.2 Market Estimates & Forecast by Region, 2020–2027

6.2.7 Power Supply Devices

6.2.7.1 Market Estimates & Forecast, 2020–2027

6.2.7.2 Market Estimates & Forecast by Region, 2020–2027

6.2.8 Controller and Processors

6.2.8.1 Market Estimates & Forecast, 2020–2027

6.2.8.2 Market Estimates & Forecast by Region, 2020–2027

6.3 Software

6.3.1 Market Estimates & Forecast, 2020–2027

6.3.2 Market Estimates & Forecast by Region, 2020–2027

6.4 Services

6.4.1 Market Estimates & Forecast, 2020–2027

6.4.2 Market Estimates & Forecast by Region, 2020–2027

6.4.3 Installation and Testing Services

6.4.3.1 Market Estimates & Forecast, 2020–2027

6.4.3.2 Market Estimates & Forecast by Region, 2020–2027

6.4.4 Maintenance Services

6.4.4.1 Market Estimates & Forecast, 2020–2027

6.4.4.2 Market Estimates & Forecast by Region, 2020–2027

7 Global Industrial Ethernet Market, by Protocol

7.1 Introduction

7.2 HSE

7.2.1 Market Estimates & Forecast, 2020–2027

7.2.2 Market Estimates & Forecast by Region, 2020–2027

7.3 Sercos III

7.3.1 Market Estimates & Forecast, 2020–2027

7.3.2 Market Estimates & Forecast by Region, 2020–2027

7.4 Ethernet/IP

7.4.1 Market Estimates & Forecast, 2020–2027

7.4.2 Market Estimates & Forecast by Region, 2020–2027

7.5 Modbus TCP/IP

7.5.1 Market Estimates & Forecast, 2020–2027

7.5.2 Market Estimates & Forecast by Region, 2020–2027

7.6 Gigabit Wi-Fi

7.6.1 Market Estimates & Forecast, 2020–2027

7.6.2 Market Estimates & Forecast by Region, 2020–2027

7.7 Ethernet TCP/IP

7.7.1 Market Estimates & Forecast, 2020–2027

7.7.2 Market Estimates & Forecast by Region, 2020–2027

7.8 Powerlink

7.8.1 Market Estimates & Forecast, 2020–2027

7.8.2 Market Estimates & Forecast by Region, 2020–2027

7.9 EtherCAT

7.9.1 Market Estimates & Forecast, 2020–2027

7.9.2 Market Estimates & Forecast by Region, 2020–2027

7.10 CC-Link IE

7.10.1 Market Estimates & Forecast, 2020–2027

7.10.2 Market Estimates & Forecast by Region, 2020–2027

8 Global Industrial Ethernet Market, by Industry Vertical

8.1 Introduction

8.2 Aerospace & Defense

8.2.1 Market Estimates & Forecast, 2020–2027

8.2.2 Market Estimates & Forecast by Region, 2020–2027

8.3 Energy and Power

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast by Region, 2020–2027

8.4 Pharmaceutical

8.4.1 Market Estimates & Forecast, 2020–2027

8.4.2 Market Estimates & Forecast by Region, 2020–2027

8.5 Oil & Gas

8.5.1 Market Estimates & Forecast, 2020–2027

8.5.2 Market Estimates & Forecast by Region, 2020–2027

8.6 Food & Beverages

8.6.1 Market Estimates & Forecast, 2020–2027

8.6.2 Market Estimates & Forecast by Region, 2020–2027

8.7 Chemical

8.7.1 Market Estimates & Forecast, 2020–2027

8.7.2 Market Estimates & Forecast by Region, 2020–2027

8.8 Automotive

8.8.1 Market Estimates & Forecast, 2020–2027

8.8.2 Market Estimates & Forecast by Region, 2020–2027

8.9 Others

8.9.1 Market Estimates & Forecast, 2020–2027

8.9.2 Market Estimates & Forecast by Region, 2020–2027

9 Global Industrial Ethernet Market, by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020–2027

9.2.2 Market Estimates & Forecast by Component, 2020–2027

9.2.3 Market Estimates & Forecast by Protocol, 2020–2027

9.2.4 Market Estimates & Forecast by Industry Vertical, 2020–2027

9.2.5 US

9.2.5.1 Market Estimates & Forecast, 2020–2027

9.2.5.2 Market Estimates & Forecast by Component, 2020–2027

9.2.5.3 Market Estimates & Forecast by Protocol, 2020–2027

9.2.5.4Market Estimates & Forecast by Industry Vertical, 2020–2027

9.2.6 Canada

9.2.6.1 Market Estimates & Forecast, 2020–2027

9.2.6.2 Market Estimates & Forecast by Component, 2020–2027

9.2.6.3 Market Estimates & Forecast by Protocol, 2020–2027

9.2.6.4Market Estimates & Forecast by Industry Vertical, 2020–2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020–2027

9.3.2 Market Estimates & Forecast by Component, 2020–2027

9.3.3 Market Estimates & Forecast by Protocol, 2020–2027

9.3.4 Market Estimates & Forecast by Industry Vertical, 2020–2027

9.3.5 Germany

9.3.5.1 Market Estimates & Forecast, 2020–2027

9.3.5.2 Market Estimates & Forecast by Component, 2020–2027

9.3.5.3 Market Estimates & Forecast by Protocol, 2020–2027

9.3.5.4Market Estimates & Forecast by Industry Vertical, 2020–2027

9.3.6 France

9.3.6.1 Market Estimates & Forecast, 2020–2027

9.3.6.2 Market Estimates & Forecast by Component, 2020–2027

9.3.6.3 Market Estimates & Forecast by Protocol, 2020–2027

9.3.6.4Market Estimates & Forecast by Industry Vertical, 2020–2027

9.3.7 UK

9.3.7.1 Market Estimates & Forecast, 2020–2027

9.3.7.2 Market Estimates & Forecast by Component, 2020–2027

9.3.7.3 Market Estimates & Forecast by Protocol, 2020–2027

9.3.7.4Market Estimates & Forecast by Industry Vertical, 2020–2027

9.4 Asia-Pacific

9.4.1 Market Estimates & Forecast, 2020–2027

9.4.2 Market Estimates & Forecast by Component, 2020–2027

9.4.3 Market Estimates & Forecast by Protocol, 2020–2027

9.4.4Market Estimates & Forecast by Industry Vertical, 2020–2027

9.4.5 China

9.4.5.1 Market Estimates & Forecast, 2020–2027

9.4.5.2 Market Estimates & Forecast by Component, 2020–2027

9.4.5.3 Market Estimates & Forecast by Protocol, 2020–2027

9.4.5.4Market Estimates & Forecast by Industry Vertical, 2020–2027

9.4.6 India

9.4.6.1 Market Estimates & Forecast, 2020–2027

9.4.6.2 Market Estimates & Forecast by Component, 2020–2027

9.4.6.3 Market Estimates & Forecast by Protocol, 2020–2027

9.4.6.4Market Estimates & Forecast by Industry Vertical, 2020–2027

9.4.7 Japan

9.4.7.1 Market Estimates & Forecast, 2020–2027

9.4.7.2 Market Estimates & Forecast by Component, 2020–2027

9.4.7.3 Market Estimates & Forecast by Protocol, 2020–2027

9.4.7.4Market Estimates & Forecast by Industry Vertical, 2020–2027

9.4.8 Rest of Asia-Pacific

9.4.8.1 Market Estimates & Forecast, 2020–2027

9.4.8.2 Market Estimates & Forecast by Component, 2020–2027

9.4.8.3 Market Estimates & Forecast by Protocol, 2020–2027

9.4.8.4Market Estimates & Forecast by Industry Vertical, 2020–2027

9.5 Middle East & Africa

9.5.1 Market Estimates & Forecast, 2020–2027

9.5.2 Market Estimates & Forecast by Component, 2020–2027

9.5.3 Market Estimates & Forecast by Protocol, 2020–2027

9.5.4Market Estimates & Forecast by Industry Vertical, 2020–2027

9.6 South America

9.6.1 Market Estimates & Forecast, 2020–2027

9.6.2 Market Estimates & Forecast by Component, 2020–2027

9.6.3 Market Estimates & Forecast by Protocol, 2020–2027

9.6.4Market Estimates & Forecast by Industry Vertical, 2020–2027

10 Company Landscape

11 Company Profiles

11.1 Beckhoff Automation GmbH & Co. KG

11.1.1 Company Overview

11.1.2 Product/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.2 Cisco Systems, Inc.

11.2.1 Company Overview

11.2.2 Product/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 Rockwell Automation, Inc.

11.3.1 Company Overview

11.3.2 Product/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.4 Schneider Electric

11.4.1 Company Overview

11.4.2 Product/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.5 Belden Inc.

11.5.1 Company Overview

11.5.2 Product/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.6 ACS Motion Control

11.6.1 Company Overview

11.6.2 Product/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.7 General Electric

11.7.1 Company Overview

11.7.2 Product/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.8 ABB

11.8.1 Company Overview

11.8.2 Product/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.9 Analog Devices, Inc

11.9.1 Company Overview

11.9.2 Product/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments

11.10 B&R

11.10.1 Company Overview

11.10.2 Product/Business Segment Overview

11.10.3 Financial Updates

11.10.4 Key Developments

11.11 Moxa Inc

11.11.1 Company Overview

11.11.2 Product/Business Segment Overview

11.11.3 Financial Updates

11.11.4 Key Developments

11.12 OMRON Corporation

11.12.1 Company Overview

11.12.2 Product/Business Segment Overview

11.12.3 Financial Updates

11.12.4 Key Developments

11.13 Eaton

11.13.1 Company Overview

11.13.2 Product/Business Segment Overview

11.13.3 Financial Updates

11.13.4 Key Developments

11.14 Bosch Rexroth AG

11.14.1 Company Overview

11.14.2 Product/Business Segment Overview

11.14.3 Financial Updates

11.14.4 Key Developments

11.15 Yokogawa Electric Corporation

11.15.1 Company Overview

11.15.2 Product/Business Segment Overview

11.15.3 Financial Updates

11.15.4 Key Developments

12 List of Tables

Table 1 Global Industrial Ethernet Market, by Region, 2020–2027

Table 2 North America: Industrial Ethernet Market, by Country, 2020–2027

Table 3 Europe: Industrial Ethernet market, by Country, 2020–2027

Table 4 Asia-Pacific: Industrial Ethernet market, by Country, 2020–2027

Table 5 Middle East & Africa: Industrial Ethernet market, by Country, 2020–2027

Table 6 South America: Industrial Ethernet market, by Country, 2020–2027

Table 7 Global Industrial Ethernet Component Market, by Region, 2020–2027

Table 8 North America: Industrial Ethernet Component Market, by Country, 2020–2027

Table 9 Europe: Industrial Ethernet Component Market, by Country, 2020–2027

Table10 Asia-Pacific: Industrial Ethernet Component Market, by Country, 2020–2027

Table11 Middle East & Africa: Industrial Ethernet Component Market, by Country, 2020—2027

Table12 South America: Industrial Ethernet Component Market, by Country, 2020—2027

Table13 Global Industrial Ethernet Protocol Market, by Region, 2020—2027

Table14 North America: Industrial Ethernet Protocol Market, by Country, 2020–2027

Table15

Europe: Industrial Ethernet Protocol Market, by Country, 2020–2027

Table16

Asia-Pacific: Industrial Ethernet Protocol Market, by Country, 2020—2027

Table17 The Middle East & Africa: Industrial Ethernet Protocol Market, by Country, 2020—2027

Table18 South America: Market, by Country, 2020—2027

Table19 South America: Industrial Ethernet Market, by Component, 2020—2027

Table20 South America: Industrial Ethernet Market, by Protocol, 2020—2027

Table21 South America: Industrial Ethernet Market, by Industry Vertical

Table22 North America: Industrial Ethernet Market, by Component

Table24 North America: Industrial Ethernet Market, by Protocol

Table25 Europe: Industrial Ethernet Market, by Component

Table26 Europe: Industrial Ethernet Market, by Protocol

13 LIST OF FIGURES

FIGURE 1 Global Industrial Ethernet Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of the Global Industrial Ethernet Market

FIGURE 4 Value Chain of the Global Industrial Ethernet Market

FIGURE 5 Share of Global Industrial Ethernet Market in 2020, by country (in %)

FIGURE 6 Global Industrial Ethernet Market, 2020–2027,

FIGURE 7 Global Industrial Ethernet Market size by Component, 2020

FIGURE 8 Share of the Industrial Ethernet Market, by Component, 2020 to 2027

FIGURE 9 Global Industrial Ethernet Market size by Protocol, 2020

FIGURE 10 Share of the Industrial Ethernet Market, by Protocol, 2020 to 2027

FIGURE 11 Global Industrial Ethernet Market size by Industry Vertical, 2020

FIGURE 12 Share of the Industrial Ethernet Market, by Industry Vertical, 2020 to 2027