Global Industrial Communication Market in the Automotive Industry 2018-2022

Below are some of the key findings from this industrial communication market in the automotive industry report

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Global industrial communication market in the automotive industry: Overview

The growing importance of real-time analytics in the automotive industry is one of the key factors that will fuel industrial communications market growth. The data gathered from robots and motion controllers are used in simplifying manufacturing operations and enhancing productivity by ensuring resource optimization and minimizing downtime. There is a growing demand for data-driven products, solutions, and services in automotive manufacturing facilities to enhance plant efficiency.

The implementation of industrial wireless protocols and product tagging technologies in the automotive industry have resulted in the assimilation of large volumes of data. Industrial automation and communication systems such as manufacturing execution systems (MES), PLC, SCADA and DCS transfer real-time data from system to plant operators, which enables them to take prompt and effective action in case of failure of operating systems and machine breakdown. Moreover, the use of real-time analytics in the automotive industry will help the end users in getting quicker and accurate results and reduce operational costs. Thus, the growing importance of real-time data analysis is driving the industrial communication market growth in the automotive industry at a CAGR of close to 7% during the forecast period.

Top industrial communication companies in the automotive industry covered in this report

The global industrial communication market in the automotive industry is moderately concentrated. The market is currently in its growth phase and the competition is expected to become less intense by the end of the forecast period. To help clients improve their revenue shares in the market, this research report provides an analysis of the market’s competitive landscape and contains information on the products offered by various leading companies. Additionally, this industrial communication market in the automotive industry analysis report suggests strategies companies can follow and recommends key areas they should focus on, to make the most of upcoming growth opportunities.

The report offers a detailed analysis of several leading companies including:

• ABB
• Belden
• Cisco
• Rockwell Automation
• Schneider Electric
• Siemens

Industrial communication market in the automotive industry segmentation based on protocol

• Industrial Ethernet
• Fieldbus
• Wireless

The industrial ethernet segment accounted for the largest industrial communication market share in the automotive industry in 2017, owing to its advantages such as, ability to handle a broader range of traffic, increased speed, and long-distance communication capabilities. The segment’s market share will increase in the coming years.

Industrial communication market in the automotive industry segmentation based on region

• The Americas
• APAC
• EMEA

In 2017, EMEA accounted for the largest industrial communication market share in the automotive industry owing to the presence of many multi-national automotive companies in the region. This report provides an accurate prediction of the contribution of various regions to the growth of industrial communication market size in the automotive industry.

Key highlights of the global industrial communication market in the automotive industry for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the industrial communication market in the automotive industry during the next five years
• Precise estimation of the global industrial communication market size in the automotive industry and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the industrial communication market in the automotive industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on factors that will challenge the growth of industrial communication companies in the automotive industry

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