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According to Stratistics MRC, the Global Industrial PROFIBUS Market is expected to grow at a CAGR of 6.8% during the forecast period. A process field bus is used to connect field devices at the plant level and communicate data between control systems and field devices at a project level. Industrial process field bus uses PROFIBUS DP as communication technology. Factors such as growing acceptance of smart manufacturing techniques, high adoption of industry 4.0 and many hybrid factors enabling sustainability of PROFIBUS in both discrete and process industries are favoring the market growth. However, shift to more Ethernet-based protocols is one of the major challenges creating a hurdle in the market.Browse The Report: http://www.orbisresearch.com/reports/index/industrial-profibus-global-market-outlook-2017-2023
Based on solution, PROFIBUS PA is extensively adopted by many industries such as water and wastewater, oil and gas, food and beverage and power. It is specially used to work in harmful environments which made customers to choose this solution as it maintains the high criticality of process industries.
By end user, power industry is broadly relies on PROFIBUS because it provide preventive maintenance for instruments. This power industry is the largest end user segment because of PROFIBUS faster communication between automation systems and distributed peripherals.
Depending on geography, EMEA was the largest market share during the forecast period owing to existence of several industries such as oil and gas, power and automotive in this region.
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Some of the key players in this market include Mitsubishi Electric, Hitachi, Fuji Electric, Applied Materials, Alstom, Robert Bosch, Invensys, General Electric, Flowserve, AMETEK, Texas Instruments, Rockwell Automation, ABB Group, Siemens AG and Emerson Electric Co.
Solutions Covered:
PROFIsafe
PROFIBUS DP
PROFIdrive
PROFIBUS PA
End Users Covered:
Automotive
Water and wastewater
Oil & Gas
Power
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
U.K.
Italy
France
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
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What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
Major Points From The Table Of Contents:
Executive Summary
Preface
Market Trend Analysis
Porters Five Force Analysis
Global Industrial PROFIBUS Market, By Solution
Global Industrial PROFIBUS Market, By End User
Global Industrial PROFIBUS Market, By Geography
Key Developments
Company Profiling
List Of Tables:
Table 1 Global Industrial PROFIBUS Market Outlook, By Region
Table 2 Global Industrial PROFIBUS Market Outlook, By Solution
Table 3 Global Industrial PROFIBUS Market Outlook, By PROFIsafe
Table 4 Global Industrial PROFIBUS Market Outlook, By PROFIBUS DP
Table 5 Global Industrial PROFIBUS Market Outlook, By PROFIdrive
Table 6 Global Industrial PROFIBUS Market Outlook, By PROFIBUS PA
Table 7 Global Industrial PROFIBUS Market Outlook, By End User
Table 8 Global Industrial PROFIBUS Market Outlook, By Automotive
Table 9 Global Industrial PROFIBUS Market Outlook, By Water and wastewater
Table 10 Global Industrial PROFIBUS Market Outlook, By Oil & Gas
Table 11 Global Industrial PROFIBUS Market Outlook, By Power
Table 12 North America Industrial PROFIBUS Market Outlook, By Country
Table 13 North America Industrial PROFIBUS Market Outlook, By Solution
Table 14 North America Industrial PROFIBUS Market Outlook, By PROFIsafe
Table 15 North America Industrial PROFIBUS Market Outlook, By PROFIBUS DP
Table 16 North America Industrial PROFIBUS Market Outlook, By PROFIdrive
Table 17 North America Industrial PROFIBUS Market Outlook, By PROFIBUS PA
Table 18 North America Industrial PROFIBUS Market Outlook, By End User
Table 19 North America Industrial PROFIBUS Market Outlook, By Automotive
Table 20 North America Industrial PROFIBUS Market Outlook, By Water and wastewater
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