Global Industrial Communication Market Growth (Status and Outlook) 2024-2030

Publication ID:

LPI11241510

Publication Date:

November 28, 2024

Pages:

114

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Internet [2]

Computing & Electronics [3]

Description:

The global Industrial Communication market size was valued at US$ 76040 million in 2023. With growing demand in downstream market, the Industrial Communication is forecast to a readjusted size of US$ 136460 million by 2030 with a CAGR of 8.7% during review period.
The research report highlights the growth potential of the global Industrial Communication market. Industrial Communication are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Industrial Communication. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Industrial Communication market.
Industrial communication protocols such as Ethernet are widely used in office networks for data transfers. In the recent times, communication protocols are used in factory floors to meet communication needs of industrial applications. The industrial plant's environment is harsh with extreme temperature conditions, humidity, and vibration. Industrial-based devices are designed to be rugged to withstand such extreme conditions and function effectively.
Among all the communication protocols, the market for wireless communication is expected to grow at the highest rate during the forecast period. The number of wireless connections in industrial applications has increased considerably over the past few years as a result of improved network coverage, quality of transmission, and bandwidth capacity. Advancements in wireless communication technologies especially in WHART, cellular, and WLAN technologies are helping various companies to remotely monitor their assets from anywhere in the world.
Key Features:
The report on Industrial Communication market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Industrial Communication market. It may include historical data, market segmentation by Type (e.g., Fieldbus, Industrial Ethernet), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Industrial Communication market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Industrial Communication market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Industrial Communication industry. This include advancements in Industrial Communication technology, Industrial Communication new entrants, Industrial Communication new investment, and other innovations that are shaping the future of Industrial Communication.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Industrial Communication market. It includes factors influencing customer ' purchasing decisions, preferences for Industrial Communication product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Industrial Communication market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Industrial Communication market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Industrial Communication market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Industrial Communication industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Industrial Communication market.
Market Segmentation:
Industrial Communication market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Fieldbus
Industrial Ethernet
Wireless
Segmentation by application
Automotive & Transportation
Electrical and Electronics
Aerospace & Defense
Oil & Gas
Food & Beverages
Pharmaceutical
Energy and Power Generation
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB
Rockwell Automation
Schneider Electric
Siemens
Advantech
Beckhoff Automation
Cisco Systems
Emerson Electric
Endress+Hauser
General Electric
Infineon Technologies
National Instruments
TE Connectivity
Texas Instruments

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Industrial Communication Market Size 2019-2030
2.1.2 Industrial Communication Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Industrial Communication Segment by Type
2.2.1 Fieldbus
2.2.2 Industrial Ethernet
2.2.3 Wireless
2.3 Industrial Communication Market Size by Type
2.3.1 Industrial Communication Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Industrial Communication Market Size Market Share by Type (2019-2024)
2.4 Industrial Communication Segment by Application
2.4.1 Automotive & Transportation
2.4.2 Electrical and Electronics
2.4.3 Aerospace & Defense
2.4.4 Oil & Gas
2.4.5 Food & Beverages
2.4.6 Pharmaceutical
2.4.7 Energy and Power Generation
2.4.8 Others
2.5 Industrial Communication Market Size by Application
2.5.1 Industrial Communication Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Industrial Communication Market Size Market Share by Application (2019-2024)
3 Industrial Communication Market Size by Player
3.1 Industrial Communication Market Size Market Share by Players
3.1.1 Global Industrial Communication Revenue by Players (2019-2024)
3.1.2 Global Industrial Communication Revenue Market Share by Players (2019-2024)
3.2 Global Industrial Communication Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Industrial Communication by Regions
4.1 Industrial Communication Market Size by Regions (2019-2024)
4.2 Americas Industrial Communication Market Size Growth (2019-2024)
4.3 APAC Industrial Communication Market Size Growth (2019-2024)
4.4 Europe Industrial Communication Market Size Growth (2019-2024)
4.5 Middle East & Africa Industrial Communication Market Size Growth (2019-2024)
5 Americas
5.1 Americas Industrial Communication Market Size by Country (2019-2024)
5.2 Americas Industrial Communication Market Size by Type (2019-2024)
5.3 Americas Industrial Communication Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Industrial Communication Market Size by Region (2019-2024)
6.2 APAC Industrial Communication Market Size by Type (2019-2024)
6.3 APAC Industrial Communication Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Industrial Communication by Country (2019-2024)
7.2 Europe Industrial Communication Market Size by Type (2019-2024)
7.3 Europe Industrial Communication Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Industrial Communication by Region (2019-2024)
8.2 Middle East & Africa Industrial Communication Market Size by Type (2019-2024)
8.3 Middle East & Africa Industrial Communication Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Industrial Communication Market Forecast
10.1 Global Industrial Communication Forecast by Regions (2025-2030)
10.1.1 Global Industrial Communication Forecast by Regions (2025-2030)
10.1.2 Americas Industrial Communication Forecast
10.1.3 APAC Industrial Communication Forecast
10.1.4 Europe Industrial Communication Forecast
10.1.5 Middle East & Africa Industrial Communication Forecast
10.2 Americas Industrial Communication Forecast by Country (2025-2030)
10.2.1 United States Industrial Communication Market Forecast
10.2.2 Canada Industrial Communication Market Forecast
10.2.3 Mexico Industrial Communication Market Forecast
10.2.4 Brazil Industrial Communication Market Forecast
10.3 APAC Industrial Communication Forecast by Region (2025-2030)
10.3.1 China Industrial Communication Market Forecast
10.3.2 Japan Industrial Communication Market Forecast
10.3.3 Korea Industrial Communication Market Forecast
10.3.4 Southeast Asia Industrial Communication Market Forecast
10.3.5 India Industrial Communication Market Forecast
10.3.6 Australia Industrial Communication Market Forecast
10.4 Europe Industrial Communication Forecast by Country (2025-2030)
10.4.1 Germany Industrial Communication Market Forecast
10.4.2 France Industrial Communication Market Forecast
10.4.3 UK Industrial Communication Market Forecast
10.4.4 Italy Industrial Communication Market Forecast
10.4.5 Russia Industrial Communication Market Forecast
10.5 Middle East & Africa Industrial Communication Forecast by Region (2025-2030)
10.5.1 Egypt Industrial Communication Market Forecast
10.5.2 South Africa Industrial Communication Market Forecast
10.5.3 Israel Industrial Communication Market Forecast
10.5.4 Turkey Industrial Communication Market Forecast
10.5.5 GCC Countries Industrial Communication Market Forecast
10.6 Global Industrial Communication Forecast by Type (2025-2030)
10.7 Global Industrial Communication Forecast by Application (2025-2030)

11 Key Players Analysis
11.1 ABB
11.1.1 ABB Company Information
11.1.2 ABB Industrial Communication Product Offered
11.1.3 ABB Industrial Communication Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 ABB Main Business Overview
11.1.5 ABB Latest Developments
11.2 Rockwell Automation
11.2.1 Rockwell Automation Company Information
11.2.2 Rockwell Automation Industrial Communication Product Offered
11.2.3 Rockwell Automation Industrial Communication Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Rockwell Automation Main Business Overview
11.2.5 Rockwell Automation Latest Developments
11.3 Schneider Electric
11.3.1 Schneider Electric Company Information
11.3.2 Schneider Electric Industrial Communication Product Offered
11.3.3 Schneider Electric Industrial Communication Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Schneider Electric Main Business Overview
11.3.5 Schneider Electric Latest Developments
11.4 Siemens
11.4.1 Siemens Company Information
11.4.2 Siemens Industrial Communication Product Offered
11.4.3 Siemens Industrial Communication Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Siemens Main Business Overview
11.4.5 Siemens Latest Developments
11.5 Advantech
11.5.1 Advantech Company Information
11.5.2 Advantech Industrial Communication Product Offered
11.5.3 Advantech Industrial Communication Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Advantech Main Business Overview
11.5.5 Advantech Latest Developments
11.6 Beckhoff Automation
11.6.1 Beckhoff Automation Company Information
11.6.2 Beckhoff Automation Industrial Communication Product Offered
11.6.3 Beckhoff Automation Industrial Communication Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Beckhoff Automation Main Business Overview
11.6.5 Beckhoff Automation Latest Developments
11.7 Cisco Systems
11.7.1 Cisco Systems Company Information
11.7.2 Cisco Systems Industrial Communication Product Offered
11.7.3 Cisco Systems Industrial Communication Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Cisco Systems Main Business Overview
11.7.5 Cisco Systems Latest Developments
11.8 Emerson Electric
11.8.1 Emerson Electric Company Information
11.8.2 Emerson Electric Industrial Communication Product Offered
11.8.3 Emerson Electric Industrial Communication Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Emerson Electric Main Business Overview
11.8.5 Emerson Electric Latest Developments
11.9 Endress+Hauser
11.9.1 Endress+Hauser Company Information
11.9.2 Endress+Hauser Industrial Communication Product Offered
11.9.3 Endress+Hauser Industrial Communication Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Endress+Hauser Main Business Overview
11.9.5 Endress+Hauser Latest Developments
11.10 General Electric
11.10.1 General Electric Company Information
11.10.2 General Electric Industrial Communication Product Offered
11.10.3 General Electric Industrial Communication Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 General Electric Main Business Overview
11.10.5 General Electric Latest Developments
11.11 Infineon Technologies
11.11.1 Infineon Technologies Company Information
11.11.2 Infineon Technologies Industrial Communication Product Offered
11.11.3 Infineon Technologies Industrial Communication Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Infineon Technologies Main Business Overview
11.11.5 Infineon Technologies Latest Developments
11.12 National Instruments
11.12.1 National Instruments Company Information
11.12.2 National Instruments Industrial Communication Product Offered
11.12.3 National Instruments Industrial Communication Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 National Instruments Main Business Overview
11.12.5 National Instruments Latest Developments
11.13 TE Connectivity
11.13.1 TE Connectivity Company Information
11.13.2 TE Connectivity Industrial Communication Product Offered
11.13.3 TE Connectivity Industrial Communication Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 TE Connectivity Main Business Overview
11.13.5 TE Connectivity Latest Developments
11.14 Texas Instruments
11.14.1 Texas Instruments Company Information
11.14.2 Texas Instruments Industrial Communication Product Offered
11.14.3 Texas Instruments Industrial Communication Revenue, Gross Margin and Market Share (2019-2024)
11.14.4 Texas Instruments Main Business Overview
11.14.5 Texas Instruments Latest Developments
12 Research Findings and Conclusion

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