Global Industrial PROFINET Market Growth (Status and Outlook) 2023-2029

Global Industrial PROFINET Market Growth (Status and Outlook) 2023-2029

PROFINET (acronym for Process Field Net) is an industry technical standard for data communication over Industrial Ethernet, designed for collecting data from, and controlling, equipment in industrial systems, with a particular strength in delivering data under tight time constraints (on the order of 1ms or less). The standard is maintained and supported by Profibus & Profinet International, an umbrella organization headquartered in Karlsruhe, Germany.

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

This Insight Report provides a comprehensive analysis of the global Industrial PROFINET 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 PROFINET portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Industrial PROFINET market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial PROFINET 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 PROFINET.

The global Industrial PROFINET market size is projected to grow from US$ 2201.7 million in 2022 to US$ 3332.5 million in 2029; it is expected to grow at a CAGR of 6.1% from 2023 to 2029.

Interfacing to peripherals is implemented by PROFINET IO. It defines the communication with field connected peripheral devices. Its basis is a cascading real-time concept. PROFINET IO defines the entire data exchange between controllers (devices called "IO-Controller") and the devices (devices called "IO-Devices"), as well as parameter setting and diagnosis.

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

Market Segmentation:

Segmentation by type
Software
Hardware

Segmentation by application
Simple Control
High Speed Process
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.
CISCO
HMS
Moxa
Siemens
ABB (B&R Automatio)
Beckhoff Automation
ProSoft Technology
Schneider Electric
Pepperl+Fuchs
Advantech
Softing
Phoenix Contact

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