Global $15.8 Billion Industrial Ethernet (Hardware, Software, Services) Market to 2028 with Cisco, Siemens, Rockwell, OMRON, Moxa, Belden, Huawei, SICK, Schneider Electric, and ABB Dominating
Additionally, the report examines competitive developments, including product launches, acquisitions, expansions, contracts, partnerships, and key player initiatives, contributing to market growth.
- Additionally, the report examines competitive developments, including product launches, acquisitions, expansions, contracts, partnerships, and key player initiatives, contributing to market growth.
- Industrial ethernet is characterized by the use of ethernet technology within industry-specific settings, often incorporating protocols like EtherCAT, EtherNet/IP, PROFINET, POWERLINK, SERCOS III, and CC-Link IE for real-time data transfer control.
- Services in offering segment to register the highest CAGR of the industrial ethernet market during the forecast period.
- In addition, CANopen is part of the standard that allows for easy system upgrades from previous Fieldbus protocols.