Global Industrial Ethernet & IP Market Growth (Status and Outlook) 2023-2029

Global Industrial Ethernet & IP Market Growth (Status and Outlook) 2023-2029

Ethernet is used for Voice over Internet Protocol (VoIP) applications in telecom, for robotics and other automation applications in industrial and manufacturing as well as for safety-critical applications in avionics.

LPI (LP Information)' newest research report, the “Industrial Ethernet & IP Industry Forecast” looks at past sales and reviews total world Industrial Ethernet & IP sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Ethernet & IP sales for 2023 through 2029. With Industrial Ethernet & IP sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Ethernet & IP industry.

This Insight Report provides a comprehensive analysis of the global Industrial Ethernet & IP landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Ethernet & IP portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Industrial Ethernet & IP market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Ethernet & IP and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Ethernet & IP.

The global Industrial Ethernet & IP market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Factors such as flexibility and high-speed performance, implementation of IIoT, and increased penetration of ethernet networks in process industries are driving the market growth. However, need for high network security, difficulty in transferring old systems to a new protocol and rigid standardization of protocols are restraining the market growth.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Ethernet & IP market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Factory Automation
Supervisory Control

Segmentation by application
Discrete Industries
Process Industries

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.
Beckhoff
HMS
Moxa
Rockwell Automation
RTA

Please note: The report will take approximately 2 business days to prepare and deliver.