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The growth of the industrial communication market can be attributed to the increasing demand for industrial communication in electronics and automotive manufacturing applications. The market for industrial communication technology is expected to grow because of the increased requirements for sharing information database, enhancing energy efficiency, increasing safety, and reducing down time. The growing adoption of IIoT plays a significant role in the growth of the industrial communication market. The growing machine-to-machine communication is also driving the growth of the industrial communication market. However, the adoption of different standards by different equipment manufacturers hinders the data collection and information generating process for the industrial communication market.
Complete report on global industrial communication market spread across 178 pages, profiling 10 companies and supported with 69 tables and 61igures is now available at http://www.rnrmarketresearch.com/industrial-communication-market-by-offering-component-software-and-services-communication-protocol-fieldbus-industrial-ethernet-and-wireless-end-use-application-and-geography-global-forecast-to-2022-market-report.html .
This report covers Field bus, industrial Ethernet, and wireless communication protocol used in industrial communication. Field bus still holds the largest share of the industrial communication market in major process industries, and has a strong base in developing regions such as India and China with its ability to integrate with wireless devices across multiple networks and significantly help in improving the overall plant performance, environmental safety, and efficiency.
This report covers regions including North America, Europe, Asia-Pacific, and Rest of the World (RoW). The market in APAC is expected to grow at a high CAGR between 2016 and 2022. The major reason for the growth of the industrial communication market in APAC is that it is one of the largest producers of consumer electronics in the world, which is boosting the use of advanced automation in these industries which, in turn, uses industrial communication systems. APAC is also the major automotive production hub in the world, which boosts the market for industrial communication in automotive manufacturing applications.
The companies that are profiled in the report are Schneider Electric SE (France), Texas Instruments Incorporated (U.S.), TE Connectivity Ltd (Switzerland), Siemens AG (Germany), ABB LTD (Switzerland), Rockwell Automation, Inc. (U.S.), Emerson Electric Company (U.S.), National Instruments (U.S.), Infineon Technologies AG (Germany), General Electric (U.S.), and Advantech Industrial Automation Group (U.S.).
Get a corporate level discount on Industrial Communication Market by Offering (Component, Software, and Services), Communication Protocol (Fieldbus, Industrial Ethernet, and Wireless), End-Use Application, and Geography - Global Forecast to 2022 research report http://www.rnrmarketresearch.com/contacts/discount?rname=722696 .
Breakdown of profile of primary participants:
> By Company Type: Tier 1 - 20%, Tier 2 - 55%, and Tier 3 - 25%
> By Designation: C level - 50%, Director level - 25%, and others - 25%
> By Region: North America - 60%, APAC - 10%, Europe - 20%, and RoW - 10%
Research Coverage:
This report covers the key software, services, and components of the industrial communication market. The communication protocols include three major types, namely, Field bus, industrial Ethernet, and wireless. The report covers various end-use applications including automotive and transportation, electrical and electronics, aerospace and defense, oil and gas, water and wastewater, food & beverages, pharmaceutical, energy and power generation, mining, chemicals and fertilizers, and engineering/fabrication. The entire industrial communication is divided on the basis of region into North America, Europe, APAC, and RoW.
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