Press release
Industrial Ethernet Market: Current Status, In-depth Analysis and Forecast Outlook 2031
Industrial Ethernet Market
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Enterprises in the energy and power industries are anticipated to employ ethernet solutions and services at a rapid rate during the forecast period. The renewable energy sector is booming, and advanced power cable demand is expected to soar. Solar Photovoltaic (PV) and wind-generated electricity, two of the fastest-growing renewable energy sources, are increasingly relying on specialized power cables to enable efficient power transmission over vast distances. Industrial Ethernet is projected to play a significant role in controlling and enhancing the productivity of energy and power generating and distribution operations as technology advances.
The key players contributing to the growth of the global industrial Ethernet market by adopting various strategies such as product launches & developments, mergers and acquisition, partnerships, and agreements, include ABB Ltd., Physik Instrumente (PI) GmbH & Co. KG (ACS Motion Control, Ltd.), Barta-Schoenewald, Inc. (Advanced Motion Control), BECKHOFF Automation, Belden, Inc., among others. For instance, in August 2020, Ethernet Alliance, a global organization devoted to the success and progress of Ethernet technology, announced the introduction of an industry emphasis on Operational Technology (OT) networks used in building and industrial automation. The Ethernet Alliance is looking to connect with more experts in the building- and industrial-automation sectors as the introduction of Single-Pair Ethernet (SPE) creates new potential for tackling issues in OT networks.
Full report of Industrial Ethernet Market available @ https://www.omrglobal.com/industry-reports/industrial-ethernet-market
Market Coverage
Segment Covered-
o By Component
o By Protocol
o By Application
Regions covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
Competitive Landscape- ABB Ltd., Physik Instrumente (PI) GmbH & Co. KG (ACS Motion Control, Ltd.), Barta-Schoenewald, Inc. (Advanced Motion Control), BECKHOFF Automation, Belden, Inc., among others.
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominates the market in base year?
Which segment and region will project fastest growth in the market?
How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global Industrial Ethernet Market- Segmentation
By Component
Hardware
o Switches
Up to 1 Gbps,
1 - 2.5 Gbps
5 - 10 Gbps
Above 10 Gbps
o Hubs
o Router & Gateways
o Connectors
o Communication Interface
o Controller & Processors
Software
Service
Integration & Testing Service
Maintenance Service
By Protocol
Ethernet TCP/IP
Gigabit
PROFINET
Ethernet/IP
Modbus TCP/IP
Powerlink
EtherCAT
Sercos III
HSE
By Application
Automotive & Transport
Aerospace & Defense
Electrical & Electronics
Oil & Gas
Energy & Power
Chemical
Reasons to Buying From us -
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/industrial-ethernet-market
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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