Global Industrial Wireline Networking Market 2020-2024
Technavio has been monitoring the industrial wireline networking market and it is poised to grow by $ 1.91 bn during 2020-2024 progressing at a CAGR of 6% during the forecast period. Our reports on industrial wireline networking market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing benefits of Industrial Ethernet, increasing adoption of IIoT, and increasing adoption of power over Ethernet. In addition, growing benefits of Industrial Ethernet is anticipated to boost the growth of the market as well.
The industrial wireline networking market analysis includes application segment and geographic landscapes
Technavio's industrial wireline networking market is segmented as below:
- Industrial Ethernet
By Geography landscapes
- North America
- South America
This study identifies the emergence of single-pair ethernet cabling as one of the prime reasons driving the industrial wireline networking market growth during the next few years. Also, advent of ethernet with TSN and emergence of smart factories will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our industrial wireline networking market covers the following areas:
- Industrial wireline networking market sizing
- Industrial wireline networking market forecast
- Industrial wireline networking market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial wireline networking market vendors that include ABB Ltd., Belden Inc., Cisco Systems Inc., Emerson Electric Co., Hitachi Ltd., Juniper Networks Inc., Mitsubishi Electric Corp., Moxa Inc., Rockwell Automation Inc., and Siemens AG. Also, the industrial wireline networking market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.