Global Industrial Ethernet Cables Market 2018-2022

  • Published: Nov 2018
  • Pages: 136
  • SKU: IRTNTR22001

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The global industrial Ethernet cables market size will grow by USD 691.03 million during 2018-2022. This report offers an analysis of the market based on protocol (EtherNet/IP, PROFINET, EtherCAT, Modbus TCP/IP, POWERLINK, and others), end-user (discrete and process), and geography (the Americas, APAC, and EMEA). The report also provides an analysis of the market’s competitive landscape and offers information on several industrial Ethernet cables companies including Belden, Hitachi, Nexans, Prysmian Group, Rockwell Automation, and Siemens.

Below are some of the key findings from this industrial Ethernet cables market analysis report

Global Industrial Ethernet Cables Market

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Global industrial Ethernet cables industry overview

The growing benefits of industrial Ethernet is a key factor that will drive market growth. Industrial Ethernet cables provide numerous benefits such as advances in the bandwidth, speed, and reliability. Industrial Ethernet allows manufacturers and companies in the market to leverage economies of scale while enjoying substantial control over the networked manufacturing equipment. Moreover, these cables also allow companies to closely link internal data networks with the factory floors to make the company’s operations much more efficient. Thus, the advantages of industrial ethernet cables will lead to increased adoption among end-users which will drive the market.

The advent of single pair ethernet cabling is a key trend that will positively impact the growth of the market. The growing adoption of IoT, rising interest in automation, and the need for cost-effective power and connectivity for billions of devices are leading to high demand for single pair Ethernet cabling. The traditional industrial ethernet cables limit the number of devices that can be connected to an industrial network via category rated twisted pair cabling. This will increase the demand for single pair ethernet cabling, as it unifies the network based on single-pair ethernet and offers greater physical reach for the cables. Thus, the growing benefits of industrial Ethernet coupled with the advent of single pair Ethernet cabling will drive the market at a CAGR of close to 17% during the forecast period.

Top industrial Ethernet cables companies covered in this report

The global industrial ethernet cables market is highly fragmented. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this industrial ethernet cables industry analysis report will help clients identify and design new growth strategies.

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

  • Belden
  • Hitachi
  • Nexans
  • Prysmian Group
  • Rockwell Automation
  • Siemens

 Industrial Ethernet cables market segmentation based on end-users

  • Discrete
  • Process

The largest end-user of the global industrial ethernet cables market in 2017 was the discrete segment. Although the market share of this segment will witness a small decrease, it will continue to dominate the market throughout the next five years.

Industrial Ethernet cables market segmentation based on region

  • The Americas
  • APAC
  • EMEA

EMEA accounted for the largest industrial ethernet cables market share in 2017. Although this region will witness a decrease in its market share, it will remain the market leader for the next five years.

Key highlights of the global industrial ethernet cables market 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 ethernet cables market during the next five years
  • Precise estimation of the global industrial ethernet cables market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the industrial ethernet cables 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 ethernet cables companies

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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