The global industrial communication market is estimated to grow at a CAGR of around 10% during the forecast period. Industrial communication referred to as communication within an industry. To make the whole process smooth, industries are using industrial communication to transmit their data between different systems within the industry and it integrates different data networks. In short, industry communication is used in control systems to pass data between field devices and programmable logic controllers (PLCs), between different PLCs and personal computers used for operator interface, data processing & storage, or management information. With the introduction of industrial communication concepts in industrial application scenarios, industrial automation is undergoing a tremendous change.
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To connect sensors, machines, and IT systems in a single enterprise an industrial communication are required. The rising adoption rate of IoT by various industries has generated the need for establishing a link between different devices and exchange data in a safe, secure, and efficient manner. In the era of the fourth industrial revolution industrial communication made it possible to gather and analyze data across machines in a flexible, faster, and efficient way to produce higher-quality products at reduced costs. This automation would increase the productivity of the manufacturing process and promote industrial communication market growth.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Industrial Communication Market by Component
- Hardware
- Software and Services
Global Industrial Communication Market by Communication Protocol
- Fieldbus
- Industrial Ethernet
- Wireless
Global Industrial Communication Market byEnd-User
- Automotive and Transportation
- Oil & Gas
- Food & Beverage
- Water & Wastewater
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Aaeon Technology. Inc.
- ABB, Ltd.
- Aclara Technologies LLC
- Advantech Co., Ltd.
- Belden Inc.
- Bosch Rexroth AG (Unit of Robert Bosch GmbH)
- Cisco Systems, Inc.
- GE Grid Solutions, LLC
- HMS Industrial Networks
- HoneywellInternational, Inc.
- IFM Electronic GmbH
- Mitsubishi Electric Corp.
- Moxa, Inc.
- OMRON Corp.
- Rockwell Automation, Inc.
- Schneider Electric SE
- Sick AG
- Siemens AG
- Telefonaktiebolaget LM Ericsson
- Turck, Inc.
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global industrial communication market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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