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Classified in: Science and technology, Covid-19 virus
Subject: MRR

Industrial Ethernet Market to grow by USD 29.39 Bn, Increasing number of smart grid projects to boost market growth - Technavio


NEW YORK., Oct. 3, 2022 /PRNewswire/ -- The Industrial Ethernet Market in the Industrial Machinery industry is expected to grow by USD 29.39 bn from 2020 to 2025. Technavio's latest market research report estimates that the industrial ethernet market will progress at a CAGR of 12.44%. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment.

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market. Read Free Sample Report.

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Buy Sample Report.

Industrial Ethernet Market Segmentation

The ethernet/IP segment's market share of industrial ethernet will expand significantly. The expansion of the Ethernet/IP market is being fueled by elements including high performance and flexibility, the increasing use of IIoT, and the continued expansion of Ethernet networks in process industries. EtherNet/IP will continue to gain popularity due to the penetration of Ethernet and Internet technologies into new applications as well as the general acceleration of connectivity.

North America will account for 37% of market growth. In North America, the US is the major market for industrial ethernet. This region's market will expand more quickly than those in other areas. The industrial ethernet market will increase in North America over the forecast period thanks to the rising IIoT usage. Download Free Sample Report.

Industrial Ethernet Market Key Highlights

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Waste Heat Recovery Market by End-user and Geography - Forecast and Analysis 2022-2026: The waste heat recovery market share is expected to increase by USD 24.30 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.54%.

Industrial Ethernet Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 12.44%

Market growth 2021-2025

$29.39 billion

Market structure

Fragmented

YoY growth (%)

10.66

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

North America at 37%

Key consumer countries

US, China, Germany, UK, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ABB Ltd., Analog Devices Inc., Belden Inc., Hitachi Ltd., Nexans SA, Physik Instrumente (PI) GmbH and Co. KG, Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric SE, and Siemens AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Technology

Customer landscape

Geographic Landscape

Vendor Landscape

Vendor Analysis

Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Infiniti Research, Inc.


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