Asia-Pacific Communications Interface Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product (1-Port, 2-Port, and Others), Mode of Communication (Wired and Wireless & Hybrid), and Application (Industrial Networking, Battery Monitorin
Description
Asia-Pacific Communications Interface Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product (1-Port, 2-Port, and Others), Mode of Communication (Wired and Wireless & Hybrid), and Application (Industrial Networking, Battery Monitoring System, Remote Sensors Communication, Railway Signalling System, Machine to Machine Communication, and Others)
The APAC communications interface market is expected to grow from US$ 2,016.71 million in 2022 to US$ 3,519.47 million by 2028. It is estimated to grow at a CAGR of 9.7% from 2022 to 2028.
Rising Adoption of Centralized Manufacturing Among Industries is Fuelling APAC Communications Interface Market
The increasing adoption of centralized manufacturing across the global manufacturing sector is boosting the demand for wireless communication devices and interfaces. Manufacturing plants can significantly reduce per unit manufacturing cost by using a single machinery to produce different products, thereby enabling the company to achieve economies of scale. According to the report, the raw material inventory turn-around and production efficiency are higher in companies with centralized manufacturing facilities. The adoption of centralized manufacturing enables efficient wireless communication among measuring and analyzing devices. Thus, the rising adoption of centralized communication is fueling the demand for wireless communication interfaces across the manufacturing industry. Centralized manufacturing also promotes local jobs, continuous production, and optimization of limited resources. These factors are further promoting the adoption of centralized manufacturing. This, in turn, will boost the demand for wireless communication interfaces, thereby contributing to the APAC communications interface market growth.
APAC Communications Interface Market Overview
The communication interface market in APAC is segmented into Australia, China, India, Japan, South Korea, and the Rest of APAC. APAC is enhancing its manufacturing capabilities by streamlining and automating manufacturing processes by adopting the Industrial Internet of Things (IIoT). With the integration of AI, cloud computing, and advanced analytics, factories across the region can monitor and analyze data from complex machines in real-time. It also helps reduce machine downtime and avoid any other production risks. APAC is a prominent industrial robot manufacturer in the world. The region produces almost 45% of the global industrial robots demanded annually. Owing to the rising demand for industrial robots, Mitsubishi Electric Corporation; Toshiba Machine Co. Ltd.; FANUC CORPORATION; Kawasaki Heavy Industries, Ltd; Shibaura Machine CO., LTD; and other manufacturers have increased their production capacity considerably, which has increased the export of industrial robots from the region. According to the International Federation of Robotics (IFR), the robot export ratio in Japan rose to 78%, in 2020 and around 136,069 industrial robots were shipped in 2020. The increasing production of robots in APAC is propelling the demand for robot components, including PLCs and DCS. Therefore, the rising demand for robot components is boosting the growth of the APAC communications interface market.
APAC Communications Interface Market Revenue and Forecast to 2028 (US$ Million)
APAC Communications Interface Market Segmentation
The APAC communications interface market is segmented into product, mode of communication, application, and country. Based on product, the market is segmented into 1-Port, 2-Port, and others segment. The 2-Port segment registered the largest market share in 2022.
Based on mode of communication, the APAC communications interface market is segmented into wired and wireless & hybrid. The wired segment registered a larger market share in 2022. Based on application, the APAC communications interface market is segmented into industrial networking, battery monitoring system, remote sensors communication, railway signalling system, machine to machine communication, and others. the remote sensors communication segment registered the largest market share in 2022. Based on country, the APAC communications interface market is segmented into Australia, China, Japan, India, South Korea, and the Rest of APAC. China dominated the market share in 2022. ABB Ltd, Eaton Corp Plc, Honeywell International Inc, NXP Semiconductors NV, OMRON Corp, Parker Hannifin Corp, PR Electronics AS, Rockwell Automation Inc, and Socomec Holding SA are the leading companies operating in the APAC communications interface market.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC communications interface market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the APAC communications interface market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the communications interface market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
The APAC communications interface market is expected to grow from US$ 2,016.71 million in 2022 to US$ 3,519.47 million by 2028. It is estimated to grow at a CAGR of 9.7% from 2022 to 2028.
Rising Adoption of Centralized Manufacturing Among Industries is Fuelling APAC Communications Interface Market
The increasing adoption of centralized manufacturing across the global manufacturing sector is boosting the demand for wireless communication devices and interfaces. Manufacturing plants can significantly reduce per unit manufacturing cost by using a single machinery to produce different products, thereby enabling the company to achieve economies of scale. According to the report, the raw material inventory turn-around and production efficiency are higher in companies with centralized manufacturing facilities. The adoption of centralized manufacturing enables efficient wireless communication among measuring and analyzing devices. Thus, the rising adoption of centralized communication is fueling the demand for wireless communication interfaces across the manufacturing industry. Centralized manufacturing also promotes local jobs, continuous production, and optimization of limited resources. These factors are further promoting the adoption of centralized manufacturing. This, in turn, will boost the demand for wireless communication interfaces, thereby contributing to the APAC communications interface market growth.
APAC Communications Interface Market Overview
The communication interface market in APAC is segmented into Australia, China, India, Japan, South Korea, and the Rest of APAC. APAC is enhancing its manufacturing capabilities by streamlining and automating manufacturing processes by adopting the Industrial Internet of Things (IIoT). With the integration of AI, cloud computing, and advanced analytics, factories across the region can monitor and analyze data from complex machines in real-time. It also helps reduce machine downtime and avoid any other production risks. APAC is a prominent industrial robot manufacturer in the world. The region produces almost 45% of the global industrial robots demanded annually. Owing to the rising demand for industrial robots, Mitsubishi Electric Corporation; Toshiba Machine Co. Ltd.; FANUC CORPORATION; Kawasaki Heavy Industries, Ltd; Shibaura Machine CO., LTD; and other manufacturers have increased their production capacity considerably, which has increased the export of industrial robots from the region. According to the International Federation of Robotics (IFR), the robot export ratio in Japan rose to 78%, in 2020 and around 136,069 industrial robots were shipped in 2020. The increasing production of robots in APAC is propelling the demand for robot components, including PLCs and DCS. Therefore, the rising demand for robot components is boosting the growth of the APAC communications interface market.
APAC Communications Interface Market Revenue and Forecast to 2028 (US$ Million)
APAC Communications Interface Market Segmentation
The APAC communications interface market is segmented into product, mode of communication, application, and country. Based on product, the market is segmented into 1-Port, 2-Port, and others segment. The 2-Port segment registered the largest market share in 2022.
Based on mode of communication, the APAC communications interface market is segmented into wired and wireless & hybrid. The wired segment registered a larger market share in 2022. Based on application, the APAC communications interface market is segmented into industrial networking, battery monitoring system, remote sensors communication, railway signalling system, machine to machine communication, and others. the remote sensors communication segment registered the largest market share in 2022. Based on country, the APAC communications interface market is segmented into Australia, China, Japan, India, South Korea, and the Rest of APAC. China dominated the market share in 2022. ABB Ltd, Eaton Corp Plc, Honeywell International Inc, NXP Semiconductors NV, OMRON Corp, Parker Hannifin Corp, PR Electronics AS, Rockwell Automation Inc, and Socomec Holding SA are the leading companies operating in the APAC communications interface market.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC communications interface market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the APAC communications interface market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the communications interface market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Table of Contents
136 Pages
- 1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
- 4. APAC Communications Interface Market Landscape
- 4.1 Market Overview
- 4.2 APAC PEST Analysis
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinion
- 5. APAC Communications Interface Market – Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Rising Adoption of Automation Technologies Across Industries
- 5.1.2 Increasing Development of Robots
- 5.2 Market Restraints
- 5.2.1 High Operating and Maintenance Costs and Lack of Skilled Laborers
- 5.3 Market Opportunities
- 5.3.1 Emergence of Industry 5.0
- 5.4 Future Trends
- 5.4.1 Rising Adoption of Centralized Manufacturing Among Industries
- 5.5 Impact Analysis of Drivers and Restraints
- 6. Communications Interface Market – APAC Analysis
- 6.1 APAC Communications Interface Market Overview
- 6.2 APAC Communications Interface Market – Revenue and Forecast to 2028 (US$ Million)
- 7. APAC Communications Interface Market Analysis – By Product
- 7.1 Overview
- 7.2 APAC Communications Interface Market, by Product (2021 & 2028)
- 7.3 1-Port
- 7.3.1 Overview
- 7.3.2 1-Port: Communications Interface Market – Revenue, and Forecast to 2028 (US$ Million)
- 7.4 2-Port
- 7.4.1 Overview
- 7.4.2 2-Port: Communications Interface Market – Revenue, and Forecast to 2028 (US$ Million)
- 7.5 Others
- 7.5.1 Overview
- 7.5.2 Others: Communications Interface Market – Revenue, and Forecast to 2028 (US$ Million)
- 8. APAC Communications Interface Market Analysis – By Mode of Communication
- 8.1 Overview
- 8.2 APAC Communications Interface Market, by Mode of Communication, (2021 & 2028)
- 8.3 Wired
- 8.3.1 Overview
- 8.3.2 Wired: Communications Interface Market – Revenue, and Forecast to 2028 (US$ Million)
- 8.3.2.1 Ethernet
- 8.3.2.1.1 Overview
- 8.3.2.1.2 Ethernet: Communications Interface Market- Revenue and Forecast to 2028 (US$ Million)
- 8.3.2.2 USB
- 8.3.2.2.1 Overview
- 8.3.2.2.2 USB: Communications Interface Market- Revenue and Forecast to 2028 (US$ Million)
- 8.3.2.3 RS-232/RS-485
- 8.3.2.3.1 Overview
- 8.3.2.3.2 RS-232/RS-485: Communications Interface Market- Revenue and Forecast to 2028 (US$ Million)
- 8.3.2.4 Others
- 8.3.2.4.1 Overview
- 8.3.2.4.2 Others: Communications Interface Market- Revenue and Forecast to 2028 (US$ Million)
- 8.4 Wireless & Hybrid
- 8.4.1 Overview
- 8.4.2 Wireless & Hybrid: Communications Interface Market – Revenue, and Forecast to 2028 (US$ Million)
- 9. APAC Communications Interface Market Analysis – By Application
- 9.1 Overview
- 9.2 APAC Communications Interface Market, by Application, (2021 & 2028)
- 9.3 Industrial Networking
- 9.3.1 Overview
- 9.3.2 Industrial Networking: Communications Interface Market – Revenue and Forecast to 2028 (US$ Million)
- 9.4 Battery Monitoring System
- 9.4.1 Overview
- 9.4.2 Battery Monitoring System: Communications Interface Market – Revenue and Forecast to 2028 (US$ Million)
- 9.5 Remote Sensors Communication
- 9.5.1 Overview
- 9.5.2 Remote Sensors Communication: Communications Interface Market – Revenue and Forecast to 2028 (US$ Million)
- 9.6 Railway Signalling System
- 9.6.1 Overview
- 9.6.2 Railway Signalling System: Communications Interface Market – Revenue, and Forecast to 2028 (US$ Million)
- 9.7 Machine to Machine Communication
- 9.7.1 Overview
- 9.7.2 Machine to Machine Communication: Communications Interface Market – Revenue, and Forecast to 2028 (US$ Million)
- 9.8 Others
- 9.8.1 Overview
- 9.8.2 Others: Communications Interface Market – Revenue, and Forecast to 2028 (US$ Million)
- 10. APAC Communications Interface Market – Country Analysis
- 10.1 Overview
- 10.1.1 Asia Pacific: Communications Interface Market, by Country
- 10.1.1.1 Australia: Communications Interface Market, Revenue and Forecast to 2028
- 10.1.1.1.1 Australia: Communications Interface Market, by Product
- 10.1.1.1.2 Australia: Communications Interface Market, by Mode of Communication
- 10.1.1.1.2.1 Australia: Communications Interface Market, by Wired
- 10.1.1.1.3 Australia: Communications Interface Market, by Application
- 10.1.1.2 China: Communications Interface Market, Revenue and Forecast to 2028
- 10.1.1.2.1 China: Communications Interface Market, by Product
- 10.1.1.2.2 China: Communications Interface Market, by Mode of Communication
- 10.1.1.2.2.1 China: Communications Interface Market, by Wired
- 10.1.1.2.3 China: Communications Interface Market, by Application
- 10.1.1.3 India: Communications Interface Market, Revenue and Forecast to 2028
- 10.1.1.3.1 India: Communications Interface Market, by Product
- 10.1.1.3.2 India: Communications Interface Market, by Mode of Communication
- 10.1.1.3.2.1 India: Communications Interface Market, by Wired
- 10.1.1.3.3 India: Communications Interface Market, by Application
- 10.1.1.4 Japan: Communications Interface Market, Revenue and Forecast to 2028
- 10.1.1.4.1 Japan: Communications Interface Market, by Product
- 10.1.1.4.2 Japan: Communications Interface Market, by Mode of Communication
- 10.1.1.4.2.1 Japan: Communications Interface Market, by Wired
- 10.1.1.4.3 Japan: Communications Interface Market, by Application
- 10.1.1.5 South Korea: Communications Interface Market, Revenue and Forecast to 2028
- 10.1.1.5.1 South Korea: Communications Interface Market, by Product
- 10.1.1.5.2 South Korea: Communications Interface Market, by Mode of Communication
- 10.1.1.5.2.1 South Korea: Communications Interface Market, by Wired
- 10.1.1.5.3 South Korea: Communications Interface Market, by Application
- 10.1.1.6 Rest of APAC: Communications Interface Market, Revenue and Forecast to 2028
- 10.1.1.6.1 Rest of APAC: Communications Interface Market, by Product
- 10.1.1.6.2 Rest of APAC: Communications Interface Market, by Mode of Communication
- 10.1.1.6.2.1 Rest of APAC: Communications Interface Market, by Wired
- 10.1.1.6.3 Rest of APAC: Communications Interface Market, by Application
- 11. Industry Landscape
- 11.1 Overview
- 11.2 Market Initiative
- 11.3 New Product Development
- 12. Company Profiles
- 12.1 ABB Ltd
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 Eaton Corp Plc
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 Honeywell International Inc
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 OMRON Corp
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 Parker Hannifin Corp
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 PR Electronics AS
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 Rockwell Automation Inc
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 Socomec Holding SA
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
- 12.9 NXP Semiconductors NV
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
- 13. Appendix
- 13.1 About The Insight Partners
- 13.2 Word Index
- LIST OF TABLES
- Table 1. APAC Communications Interface Market – Revenue and Forecast to 2028 (US$ Million)
- Table 2. Asia Pacific: Communications Interface Market, by Country – Revenue and Forecast to 2028 (US$ Million)
- Table 3. Australia: Communications Interface Market, by Product – Revenue and Forecast to 2028 (US$ Million)
- Table 4. Australia: Communications Interface Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 5. Australia: Communications Interface Market, by Wired – Revenue and Forecast to 2028 (US$ Million)
- Table 6. Australia: Communications Interface Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 7. China: Communications Interface Market, by Product – Revenue and Forecast to 2028 (US$ Million)
- Table 8. China: Communications Interface Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 9. China: Communications Interface Market, by Wired – Revenue and Forecast to 2028 (US$ Million)
- Table 10. China: Communications Interface Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 11. India: Communications Interface Market, by Product – Revenue and Forecast to 2028 (US$ Million)
- Table 12. India: Communications Interface Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 13. India: Communications Interface Market, by Wired – Revenue and Forecast to 2028 (US$ Million)
- Table 14. India: Communications Interface Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 15. Japan: Communications Interface Market, by Product – Revenue and Forecast to 2028 (US$ Million)
- Table 16. Japan: Communications Interface Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 17. Japan: Communications Interface Market, by Wired – Revenue and Forecast to 2028 (US$ Million)
- Table 18. Japan: Communications Interface Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 19. South Korea: Communications Interface Market, by Product – Revenue and Forecast to 2028 (US$ Million)
- Table 20. South Korea: Communications Interface Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 21. South Korea: Communications Interface Market, by Wired – Revenue and Forecast to 2028 (US$ Million)
- Table 22. South Korea: Communications Interface Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 23. Rest of APAC: Communications Interface Market, by Product – Revenue and Forecast to 2028 (US$ Million)
- Table 24. Rest of APAC: Communications Interface Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 25. Rest of APAC: Communications Interface Market, by Wired – Revenue and Forecast to 2028 (US$ Million)
- Table 26. Rest of APAC: Communications Interface Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 27. List of Abbreviation
- LIST OF FIGURES
- Figure 1. APAC Communications Interface Market Segmentation
- Figure 2. APAC Communications Interface Market Segmentation – By Country
- Figure 3. APAC Communications Interface Market Overview
- Figure 4. APAC Communications Interface Market, by Product
- Figure 5. APAC Communications Interface Market, by Country
- Figure 6. Asia-Pacific: PEST Analysis
- Figure 7. Expert Opinion
- Figure 8. APAC Communications Interface Market Impact Analysis of Drivers and Restraints
- Figure 9. APAC Communications Interface Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 10. APAC Communications Interface Market Revenue, By Product (2021 & 2028)
- Figure 11. 1-Port: APAC Communications Interface Market – Revenue, and Forecast to 2028 (US$ Million)
- Figure 12. 2-Port: APAC Communications Interface Market – Revenue, and Forecast to 2028 (US$ Million)
- Figure 13. Others: APAC Communications Interface Market – Revenue, and Forecast to 2028 (US$ Million)
- Figure 14. APAC Communications Interface Market, by Mode of Communication (2021 & 2028)
- Figure 15. Wired: APAC Communications Interface Market – Revenue, and Forecast to 2028 (US$ Million)
- Figure 16. Ethernet: APAC Communications Interface Market- Revenue and Forecast to 2028 (US$ Million)
- Figure 17. USB: APAC Communications Interface Market- Revenue and Forecast to 2028 (US$ Million)
- Figure 18. RS-232/RS-435: APAC Communications Interface Market- Revenue and Forecast to 2028 (US$ Million)
- Figure 19. Others: APAC Communications Interface Market- Revenue and Forecast to 2028 (US$ Million)
- Figure 20. Wireless & Hybrid: APAC Communications Interface Market – Revenue, and Forecast to 2028 (US$ Million)
- Figure 21. APAC Communications Interface Market, by Application (2021 & 2028)
- Figure 22. Industrial Networking: APAC Communications Interface Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 23. Battery Monitoring System: APAC Communications Interface Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 24. Remote Sensors Communication: APAC Communications Interface Market – Revenue, and Forecast to 2028 (US$ Million)
- Figure 25. Railway Signalling System: APAC Communications Interface Market – Revenue, and Forecast to 2028 (US$ Million)
- Figure 26. Machine to Machine Communication: APAC Communications Interface Market – Revenue, and Forecast to 2028 (US$ Million)
- Figure 27. Others: APAC Communications Interface Market – Revenue, and Forecast to 2028 (US$ Million)
- Figure 28. APAC: Communications Interface Market, by Key Country – Revenue (2021) (US$ Million)
- Figure 29. Asia Pacific: Communications Interface Market, by Country, 2021 & 2028 (%)
- Figure 30. Australia: Communications Interface Market, Revenue and Forecast to 2028 (US$ Million)
- Figure 31. China: Communications Interface Market, Revenue and Forecast to 2028 (US$ Million)
- Figure 32. India: Communications Interface Market, Revenue and Forecast to 2028 (US$ Million)
- Figure 33. Japan: Communications Interface Market, Revenue and Forecast to 2028 (US$ Million)
- Figure 34. South Korea: Communications Interface Market, Revenue and Forecast to 2028 (US$ Million)
- Figure 35. Rest of APAC: Communications Interface Market, Revenue and Forecast to 2028 (US$ Million)
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