Industrial Multiprotocol Gateways

Global Industrial Multiprotocol Gateways Market to Reach US$625.6 Million by 2030

The global market for Industrial Multiprotocol Gateways estimated at US$391.6 Million in the year 2024, is expected to reach US$625.6 Million by 2030, growing at a CAGR of 8.1% over the analysis period 2024-2030. Remote Monitoring, one of the segments analyzed in the report, is expected to record a 9.0% CAGR and reach US$322.0 Million by the end of the analysis period. Growth in the Product Optimization segment is estimated at 6.8% CAGR over the analysis period.

The U.S. Market is Estimated at US$106.2 Million While China is Forecast to Grow at 7.6% CAGR

The Industrial Multiprotocol Gateways market in the U.S. is estimated at US$106.2 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$97.1 Million by the year 2030 trailing a CAGR of 7.6% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 7.4% and 6.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.2% CAGR.

Global Industrial Multiprotocol Gateways Market - Key Trends & Drivers Summarized

Industrial multiprotocol gateways are critical devices in modern industrial communication networks, enabling seamless integration and communication between different industrial protocols. These gateways facilitate data exchange between devices and systems that use various communication protocols, such as Ethernet/IP, Modbus, PROFIBUS, and CANopen. By bridging these protocols, multiprotocol gateways ensure interoperability and efficient data flow in complex industrial environments. They are widely used in sectors such as manufacturing, energy, automotive, and process industries, where diverse equipment and systems need to communicate and operate cohesively.

The adoption of industrial multiprotocol gateways is driven by the increasing complexity of industrial networks and the need for unified communication solutions. Traditional industrial environments often feature a mix of legacy systems and modern equipment, each using different protocols. Multiprotocol gateways address this challenge by providing a single interface that supports multiple protocols, reducing the need for extensive rewiring or system overhauls. These gateways also support real-time data transmission and remote monitoring, product optimization, enhancing operational efficiency and enabling predictive & preventive maintenance. The integration of IoT and Industry 4.0 technologies is further expanding the capabilities of multiprotocol gateways, allowing for enhanced connectivity and data analytics.

The growth in the industrial multiprotocol gateways market is driven by several factors. Firstly, the increasing adoption of automation and digitalization in industrial processes is a significant driver, as these trends require robust communication solutions. Secondly, advancements in IoT and Industry 4.0 are enhancing the capabilities and applications of multiprotocol gateways. Thirdly, the need for interoperability and seamless data exchange in complex industrial environments is boosting the demand for these devices. Additionally, the rise of smart factories and connected industrial ecosystems is driving the adoption of multiprotocol gateways to ensure efficient communication. Furthermore, the integration of advanced features such as real-time monitoring and predictive maintenance is making multiprotocol gateways more valuable to industries. Lastly, the ongoing modernization of legacy systems and the expansion of industrial infrastructure are contributing to the market growth.

SCOPE OF STUDY:

The report analyzes the Industrial Multiprotocol Gateways market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Application (Remote Monitoring, Product Optimization, Preventive Maintenance); End-Use (Process Industry, Discrete Industry)

Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Rest of Europe; Asia-Pacific; Rest of World.

Select Competitors (Total 74 Featured) -

• ABB Group
• Accton Technology
• Advantech Co., Ltd.
• Artila Electronics Co., Ltd.
• AsusTek Computer Inc.
• Digi International
• D-Link Corporation
• Eaton Corporation
• Elpro technologies
• Emerson Electric Co.
• HEJM Automation Technology GmbH
• HMS Networks
• Honeywell International Inc.
• Moxa Inc.
• Multi-Tech Systems, Inc.
• San Telequip Pvt. Ltd.
• Schneider electric
• Siemens AG
• Valmet Oyj
• Shenzhen Wlink Technology Co., Ltd.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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