Global Industrial Communication Market, Size, Share, Analysis Report & Forecast to 2025


Posted September 7, 2021 by alfahadkhan2510

The global industrial communication market is estimated to witness significant growth during the forecast period (2019-2025).
 
The global industrial communication market is estimated to witness significant growth during the forecast period (2019-2025). The growth in industrial automation has created the need for industrial communication for the purpose of making communication within the industry, which in turn propelling the growth of the industrial communication market. The industrial communication is being used in control systems to pass data between PLCs and personal computers, between different PLCs, or between field devices and programmable logic controllers (PLCs), for operator interface, data processing & storage, or information management. The rising adoption of Industry 4.0 revolution in different countries has provoked the rapid adoption of automation in industries.
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In order to promote the Industrial Revolution 4.0 in the region, the European Union (EU) had decided to support the smart use of information and communications technology along with the integration of micro, small, and medium-sized enterprises (SMEs) into digital value chains during 2008–2014. The EU intends to offer this support under its Horizon 2020, which is the EU funding program for research and innovation in the industries. The growing automation in industries is thus expected to drive the growth of the global industrial communication market. The introduction of industrial communication concepts in the industrial application scenarios has offered a tremendous change to the outlook of industrial automation.
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The rising demand for wireless industrial communication networks is an opportunity for the growth of the global industrial communication market. Wireless technologies including Wireless HART, Bluetooth smart, WLAN, and ZigBee are providing immense growth opportunities for the industrial communication market.
Recent Development in Market
In May 2018, Siemens AG launched Industrial Ethernet switches with special functions for the process industry. These new products suitable for the flexible, reliable, and high-performance networking of process automation devices owing to the presence of firmware functions (Profinet S2 device, H-Sync, and configuration in Run/CiR/H-CiR) in interaction with the Simatic PCS 7 process control system make.
Global Industrial Communication Market Segmentation
By Component
Hardware
Software and Services
By Communication Protocol
Fieldbus
Industrial Ethernet
Wireless
By End-User
Automotive and Transportation
Oil & Gas
Food & Beverage
Water & Wastewater
Others
Global Industrial Communication Market – Segment by Region 
North America           
US
Canada
Europe
Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific    
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America 
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Issued By al fahad khan
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Categories Business , Computers , Electronics
Tags business , computer , electronics
Last Updated September 7, 2021