Industrial Ethernet/IP - Global Market Outlook (2017-2023)

Industrial Ethernet/IP - Global Market Outlook (2017-2023)

  • Published: September 2017
  • ID: SMRC16722

According to Stratistics MRC, the global Industrial Ethernet/ IP Market is accounted for $23.98 billion in 2016 and expected to grow at a CAGR of 19.8% to reach $84.98 billion by 2023. Factors such as flexibility and high-speed performance, implementation of IIoT, and increased penetration of ethernet networks in process industries are driving the market growth. However, need for high network security, difficulty in transferring old systems to a new protocol and rigid standardization of protocols are restraining the market growth.  In addition, transitioning from fieldbus to ethernet, necessity to protect highly-critical systems, integrating wireless into industrial ethernet applications are the few challenges faced by industry. The market will witness few trends and opportunities such as high-speed switching techniques, adoption rate of Ethernet/IP among robot manufacturers, demand from automotive ethernet and adoption of Industrial Revolution 4.0.

Ethernet is used for Voice over Internet Protocol (VoIP) applications in telecom, for robotics and other automation applications in industrial and manufacturing as well as for safety-critical applications in avionics. Using automotive Ethernet, data from cameras and sensors is sent to a central fusion box for synchronisation and further processing. Distributed vehicle networks support increasingly complex, high-bandwidth applications such as vision systems, and infotainment that will become important components of increasingly connected cars. Modbus protocol is not industry specific and can be used in a wide variety of industries such as factory automation, building automation, process control, oil & gas, traffic & parking, agriculture & irrigation, water & wastewater, pharmaceutical and medical, material handling etc.

Ethernet has become the de facto protocol for connecting not only business enterprises, but also for control, safety shutdown and SCADA systems particularly in the midstream oil and gas sector. In chemical industry, density sensors are used for the measurement of liquids, aggressive liquids, liquids with high temperatures or whenever the highest accuracy is needed. This system needs various protocols. EtherNet/IP has been widely accepted as a communication backbone in manufacturing applications throughout discrete, hybrid and process applications, industry has an increasing need for communication standards for the integration of non-EtherNet/IP devices with EtherNet/IP systems.

CC-Link IE Field embraces all of the requirements of general machine control, motion control and safety with a single, robust gigabit Ethernet infrastructure linking field devices to controllers. CC-Link IE Control provides a higher capacity optical fibre backbone that is also based on standard gigabit Ethernet technology.  Further, development for motion control applications occurred, which was quickly carried over to a real-time concept (IRT). This enabled PROFIN ET to quickly become established as a leading industrial Ethernet protocol. Sercos was designed as a digital drive interface for machine tools but later it was successfully applied in all kind of production machines and automation applications.

Ethernet-based Sercos III has become a universal, worldwide-accepted automation bus supporting all kind of automation applications in the field of motion, safety, I/O and vision. Fieldbuses are still the most widely used type of networks in the market. Ethernet POWERLINK is implemented on top of IEEE 802.3 and, therefore, allows a free selection of network topology, cross connect and hot plug. It uses a polling and time slicing mechanism for real-time data exchange. Modbus /TCP, an extension of Modbus, was originally developed by Schneider Electric and uses Modbus messaging over TCP/IP on top of Ethernet.

A light duty Industrial Ethernet cable may have slightly higher quality jacketing than Office Ethernet cable. Heavy duty cable is more expensive than light duty cable, so it is only used when necessary. Typically, Industrial Ethernet connectors will not rely on basic snap-in lock mechanisms on the same level as Office Ethernet. Instead, heavier lock mechanisms are used. In heavy duty applications, sealed connectors are often used.

Asia Pacific is the largest market due to the huge demand for consumer electronics and automobiles from countries such as China, India, Japan, and South Korea. Europe and North America are anticipated to represent strong potential in automotive and electronics due to advanced technology. The US market is dominated by the CIP networks where EtherNet/IP is overtaking DeviceNet.

Some of the key players in Global Industrial Ethernet/IP market are Siemens AG, Rockwell Automation, Moxa Inc., Cisco Systems, Inc., Belden Inc. (Hirschmann), Beckhoff Automation, ABB Ltd., Schneider Electric Se, B&R Automation, Innovasic Inc, Bosch Rexroth, Honeywell International, Parker Hannifin and Yaskawa Electric.

Protocols Covered:
• Ethernet/IP
• CC-Link IE
• EtherCAT
• Modbus-TCP
• Powerlink
• Sercos III
• PROFINET

Applications Covered:
•  Aerospace and Defense
• Automotive
• Electrical and Electronics
• Engineering/Fabrication
• Food and Beverages
• Oil and Gas
• Pharmaceutical
• Water and Wastewater
• Energy & Power Industry
• Mining Industry
• Chemicals & Fertilizers Industry
• Other Applications

Solutions Covered:    
• Software
• Services
• Hardware

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan       
    • China       
    • India       
    • Australia 
    • New Zealand     
    • South Korea      
    • Rest of Asia Pacific   
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

1 Executive Summary        
          
2 Preface   
      
 2.1 Abstract        
 2.2 Stake Holders       
 2.3 Research Scope       
 2.4 Research Methodology      
  2.4.1 Data Mining      
  2.4.2 Data Analysis      
  2.4.3 Data Validation      
  2.4.4 Research Approach      
 2.5 Research Sources       
  2.5.1 Primary Research Sources     
  2.5.2 Secondary Research Sources     
  2.5.3 Assumptions      
          
3 Market Trend Analysis       
 3.1 Introduction       
 3.2 Drivers        
 3.3 Restraints       
 3.4 Opportunities       
 3.5 Threats        
 3.6 Application Analysis      
 3.7 Emerging Markets       
 3.8 Futuristic Market Scenario      
          
4 Porters Five Force Analysis       
 4.1 Bargaining power of suppliers      
 4.2 Bargaining power of buyers      
 4.3 Threat of substitutes      
 4.4 Threat of new entrants      
 4.5 Competitive rivalry       
          
5 Global Industrial Ethernet/IP Market, By Protocol     
 5.1 Introduction       
 5.2 Ethernet/IP        
 5.3 CC-Link IE        
 5.4 EtherCAT       
 5.5 Modbus-TCP        
 5.6 Powerlink        
 5.7 Sercos III        
 5.8 PROFINET       
  5.8.1 Profinet Rt (Real-Time Solution)    
  5.8.2 Profinet Irt (Isochronous Real Time)    
          
6 Global Industrial Ethernet/IP Market, By Application    
 6.1 Introduction       
 6.2 Aerospace and Defense      
 6.3 Automotive       
 6.4 Electrical and Electronics      
 6.5 Engineering/Fabrication       
 6.6 Food and Beverages      
 6.7 Oil and Gas       
 6.8 Pharmaceutical       
 6.9 Water and Wastewater      
 6.10 Energy & Power Industry       
 6.11 Mining Industry        
 6.12 Chemicals & Fertilizers Industry      
 6.13 Other Applications       
          
7 Global Industrial Ethernet/IP Market, By Solution     
 7.1 Introduction       
 7.2 Software         
 7.3 Services        
 7.4 Hardware        
  7.4.1 Communication Interfaces     
  7.4.2 Connectors      
  7.4.3 Controllers and Processors     
  7.4.4 Hubs, Router and Gateways     
  7.4.5 Isolators and Convertors     
  7.4.6 Memory       
  7.4.7 Power Supply Devices     
  7.4.8 Switches       
  7.4.9 Other Hardwares      
          
8 Global Industrial Ethernet/IP Market, By Geography    
 8.1 Introduction       
 8.2 North America       
  8.2.1 US       
  8.2.2 Canada       
  8.2.3 Mexico       
 8.3 Europe        
  8.3.1 Germany       
  8.3.2 UK       
  8.3.3 Italy       
  8.3.4 France       
  8.3.5 Spain       
  8.3.6 Rest of Europe      
 8.4 Asia Pacific       
  8.4.1 Japan       
  8.4.2 China       
  8.4.3 India       
  8.4.4 Australia       
  8.4.5 New Zealand      
  8.4.6 South Korea      
  8.4.7 Rest of Asia Pacific      
 8.5 South America       
  8.5.1 Argentina      
  8.5.2 Brazil       
  8.5.3 Chile       
  8.5.4 Rest of South America     
 8.6 Middle East & Africa      
  8.6.1 Saudi Arabia      
  8.6.2 UAE       
  8.6.3 Qatar       
  8.6.4 South Africa      
  8.6.5 Rest of Middle East & Africa     
          
9 Key Developments        
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures   
 9.2 Acquisitions & Mergers      
 9.3 New Product Launch      
 9.4 Expansions       
 9.5 Other Key Strategies      
          
10 Company Profiling        
 10.1 Siemens AG        
 10.2 Rockwell Automation       
 10.3 Moxa Inc.        
 10.4 Cisco Systems, Inc.        
 10.5 Belden Inc. (Hirschmann)       
 10.6 Beckhoff Automation       
 10.7 ABB Ltd.         
 10.8 Schneider Electric Se       
 10.9 B&R Automation        
 10.10 Innovasic Inc.       
 10.11 Bosch Rexroth       
 10.12 Honeywell International      
 10.13 Parker Hannifin       
 10.14 Yaskawa Electric     


List of Tables          
1 Global Industrial Ethernet/IP Market Outlook, By Region (2014-2023) ($MN)  
2 Global Industrial Ethernet/IP Market Outlook, By Protocol (2014-2023) ($MN)  
3 Global Industrial Ethernet/IP Market Outlook, By Ethernet/IP (2014-2023) ($MN)  
4 Global Industrial Ethernet/IP Market Outlook, By CC-Link IE (2014-2023) ($MN)  
5 Global Industrial Ethernet/IP Market Outlook, By EtherCAT (2014-2023) ($MN)  
6 Global Industrial Ethernet/IP Market Outlook, By Modbus-TCP (2014-2023) ($MN)  
7 Global Industrial Ethernet/IP Market Outlook, By Powerlink (2014-2023) ($MN)  
8 Global Industrial Ethernet/IP Market Outlook, By Sercos III (2014-2023) ($MN)  
9 Global Industrial Ethernet/IP Market Outlook, By PROFINET (2014-2023) ($MN)  
10 Global Industrial Ethernet/IP Market Outlook, By Profinet Rt (Real-Time Solution) (2014-2023) ($MN)
11 Global Industrial Ethernet/IP Market Outlook, By Profinet Irt (Isochronous Real Time) (2014-2023) ($MN)
12 Global Industrial Ethernet/IP Market Outlook, By Application (2014-2023) ($MN)  
13 Global Industrial Ethernet/IP Market Outlook, By Aerospace and Defense (2014-2023) ($MN) 
14 Global Industrial Ethernet/IP Market Outlook, By Automotive (2014-2023) ($MN)  
15 Global Industrial Ethernet/IP Market Outlook, By Electrical and Electronics (2014-2023) ($MN) 
16 Global Industrial Ethernet/IP Market Outlook, By Engineering/Fabrication (2014-2023) ($MN) 
17 Global Industrial Ethernet/IP Market Outlook, By Food and Beverages (2014-2023) ($MN) 
18 Global Industrial Ethernet/IP Market Outlook, By Oil and Gas (2014-2023) ($MN)  
19 Global Industrial Ethernet/IP Market Outlook, By Pharmaceutical (2014-2023) ($MN) 
20 Global Industrial Ethernet/IP Market Outlook, By Water and Wastewater (2014-2023) ($MN) 
21 Global Industrial Ethernet/IP Market Outlook, By Energy & Power Industry (2014-2023) ($MN) 
22 Global Industrial Ethernet/IP Market Outlook, By Mining Industry (2014-2023) ($MN) 
23 Global Industrial Ethernet/IP Market Outlook, By Chemicals & Fertilizers Industry (2014-2023) ($MN)
24 Global Industrial Ethernet/IP Market Outlook, By Other Applications (2014-2023) ($MN) 
25 Global Industrial Ethernet/IP Market Outlook, By Solution (2014-2023) ($MN)  
26 Global Industrial Ethernet/IP Market Outlook, By Software (2014-2023) ($MN)  
27 Global Industrial Ethernet/IP Market Outlook, By Services (2014-2023) ($MN)  
28 Global Industrial Ethernet/IP Market Outlook, By Hardware (2014-2023) ($MN)  
29 Global Industrial Ethernet/IP Market Outlook, By Communication Interfaces (2014-2023) ($MN)
30 Global Industrial Ethernet/IP Market Outlook, By Connectors (2014-2023) ($MN)  
31 Global Industrial Ethernet/IP Market Outlook, By Controllers and Processors (2014-2023) ($MN)
32 Global Industrial Ethernet/IP Market Outlook, By Hubs, Router and Gateways (2014-2023) ($MN)
33 Global Industrial Ethernet/IP Market Outlook, By Isolators and Convertors (2014-2023) ($MN) 
34 Global Industrial Ethernet/IP Market Outlook, By Memory (2014-2023) ($MN)  
35 Global Industrial Ethernet/IP Market Outlook, By Power Supply Devices (2014-2023) ($MN) 
36 Global Industrial Ethernet/IP Market Outlook, By Switches (2014-2023) ($MN)  
37 Global Industrial Ethernet/IP Market Outlook, By Other Hardwares (2014-2023) ($MN) 
38 North America Industrial Ethernet/IP Market Outlook, By Country (2014-2023) ($MN) 
39 North America Industrial Ethernet/IP Market Outlook, By Protocol (2014-2023) ($MN) 
40 North America Industrial Ethernet/IP Market Outlook, By Ethernet/IP (2014-2023) ($MN) 
41 North America Industrial Ethernet/IP Market Outlook, By CC-Link IE (2014-2023) ($MN) 
42 North America Industrial Ethernet/IP Market Outlook, By EtherCAT (2014-2023) ($MN) 
43 North America Industrial Ethernet/IP Market Outlook, By Modbus-TCP (2014-2023) ($MN) 
44 North America Industrial Ethernet/IP Market Outlook, By Powerlink (2014-2023) ($MN) 
45 North America Industrial Ethernet/IP Market Outlook, By Sercos III (2014-2023) ($MN) 
46 North America Industrial Ethernet/IP Market Outlook, By PROFINET (2014-2023) ($MN) 
47 North America Industrial Ethernet/IP Market Outlook, By Profinet Rt (Real-Time Solution) (2014-2023) ($MN)
48 North America Industrial Ethernet/IP Market Outlook, By Profinet Irt (Isochronous Real Time) (2014-2023) ($MN)
49 North America Industrial Ethernet/IP Market Outlook, By Application (2014-2023) ($MN) 
50 North America Industrial Ethernet/IP Market Outlook, By Aerospace and Defense (2014-2023) ($MN)
51 North America Industrial Ethernet/IP Market Outlook, By Automotive (2014-2023) ($MN) 
52 North America Industrial Ethernet/IP Market Outlook, By Electrical and Electronics (2014-2023) ($MN)
53 North America Industrial Ethernet/IP Market Outlook, By Engineering/Fabrication (2014-2023) ($MN)
54 North America Industrial Ethernet/IP Market Outlook, By Food and Beverages (2014-2023) ($MN)
55 North America Industrial Ethernet/IP Market Outlook, By Oil and Gas (2014-2023) ($MN) 
56 North America Industrial Ethernet/IP Market Outlook, By Pharmaceutical (2014-2023) ($MN) 
57 North America Industrial Ethernet/IP Market Outlook, By Water and Wastewater (2014-2023) ($MN)
58 North America Industrial Ethernet/IP Market Outlook, By Energy & Power Industry (2014-2023) ($MN)
59 North America Industrial Ethernet/IP Market Outlook, By Mining Industry (2014-2023) ($MN) 
60 North America Industrial Ethernet/IP Market Outlook, By Chemicals & Fertilizers Industry (2014-2023) ($MN)
61 North America Industrial Ethernet/IP Market Outlook, By Other Applications (2014-2023) ($MN)
62 North America Industrial Ethernet/IP Market Outlook, By Solution (2014-2023) ($MN) 
63 North America Industrial Ethernet/IP Market Outlook, By Software (2014-2023) ($MN) 
64 North America Industrial Ethernet/IP Market Outlook, By Services (2014-2023) ($MN) 
65 North America Industrial Ethernet/IP Market Outlook, By Hardware (2014-2023) ($MN) 
66 North America Industrial Ethernet/IP Market Outlook, By Communication Interfaces (2014-2023) ($MN)
67 North America Industrial Ethernet/IP Market Outlook, By Connectors (2014-2023) ($MN) 
68 North America Industrial Ethernet/IP Market Outlook, By Controllers and Processors (2014-2023) ($MN)
69 North America Industrial Ethernet/IP Market Outlook, By Hubs, Router and Gateways (2014-2023) ($MN)
70 North America Industrial Ethernet/IP Market Outlook, By Isolators and Convertors (2014-2023) ($MN)
71 North America Industrial Ethernet/IP Market Outlook, By Memory (2014-2023) ($MN) 
72 North America Industrial Ethernet/IP Market Outlook, By Power Supply Devices (2014-2023) ($MN)
73 North America Industrial Ethernet/IP Market Outlook, By Switches (2014-2023) ($MN) 
74 North America Industrial Ethernet/IP Market Outlook, By Other Hardwares (2014-2023) ($MN)
75 Europe Industrial Ethernet/IP Market Outlook, By Country (2014-2023) ($MN)  
76 Europe Industrial Ethernet/IP Market Outlook, By Protocol (2014-2023) ($MN)  
77 Europe Industrial Ethernet/IP Market Outlook, By Ethernet/IP (2014-2023) ($MN)  
78 Europe Industrial Ethernet/IP Market Outlook, By CC-Link IE (2014-2023) ($MN)  
79 Europe Industrial Ethernet/IP Market Outlook, By EtherCAT (2014-2023) ($MN)  
80 Europe Industrial Ethernet/IP Market Outlook, By Modbus-TCP (2014-2023) ($MN)  
81 Europe Industrial Ethernet/IP Market Outlook, By Powerlink (2014-2023) ($MN)  
82 Europe Industrial Ethernet/IP Market Outlook, By Sercos III (2014-2023) ($MN)  
83 Europe Industrial Ethernet/IP Market Outlook, By PROFINET (2014-2023) ($MN)  
84 Europe Industrial Ethernet/IP Market Outlook, By Profinet Rt (Real-Time Solution) (2014-2023) ($MN)
85 Europe Industrial Ethernet/IP Market Outlook, By Profinet Irt (Isochronous Real Time) (2014-2023) ($MN)
86 Europe Industrial Ethernet/IP Market Outlook, By Application (2014-2023) ($MN)  
87 Europe Industrial Ethernet/IP Market Outlook, By Aerospace and Defense (2014-2023) ($MN) 
88 Europe Industrial Ethernet/IP Market Outlook, By Automotive (2014-2023) ($MN)  
89 Europe Industrial Ethernet/IP Market Outlook, By Electrical and Electronics (2014-2023) ($MN)
90 Europe Industrial Ethernet/IP Market Outlook, By Engineering/Fabrication (2014-2023) ($MN) 
91 Europe Industrial Ethernet/IP Market Outlook, By Food and Beverages (2014-2023) ($MN) 
92 Europe Industrial Ethernet/IP Market Outlook, By Oil and Gas (2014-2023) ($MN)  
93 Europe Industrial Ethernet/IP Market Outlook, By Pharmaceutical (2014-2023) ($MN) 
94 Europe Industrial Ethernet/IP Market Outlook, By Water and Wastewater (2014-2023) ($MN) 
95 Europe Industrial Ethernet/IP Market Outlook, By Energy & Power Industry (2014-2023) ($MN)
96 Europe Industrial Ethernet/IP Market Outlook, By Mining Industry (2014-2023) ($MN) 
97 Europe Industrial Ethernet/IP Market Outlook, By Engineering/Fabrication Industry (2014-2023) ($MN)
98 Europe Industrial Ethernet/IP Market Outlook, By Other Applications (2014-2023) ($MN) 
99 Europe Industrial Ethernet/IP Market Outlook, By Solution (2014-2023) ($MN)  
100 Europe Industrial Ethernet/IP Market Outlook, By Software (2014-2023) ($MN)  
101 Europe Industrial Ethernet/IP Market Outlook, By Services (2014-2023) ($MN)  
102 Europe Industrial Ethernet/IP Market Outlook, By Hardware (2014-2023) ($MN)  
103 Europe Industrial Ethernet/IP Market Outlook, By Communication Interfaces (2014-2023) ($MN)
104 Europe Industrial Ethernet/IP Market Outlook, By Connectors (2014-2023) ($MN)  
105 Europe Industrial Ethernet/IP Market Outlook, By Controllers and Processors (2014-2023) ($MN)
106 Europe Industrial Ethernet/IP Market Outlook, By Hubs, Router and Gateways (2014-2023) ($MN)
107 Europe Industrial Ethernet/IP Market Outlook, By Isolators and Convertors (2014-2023) ($MN)
108 Europe Industrial Ethernet/IP Market Outlook, By Memory (2014-2023) ($MN)  
109 Europe Industrial Ethernet/IP Market Outlook, By Power Supply Devices (2014-2023) ($MN) 
110 Europe Industrial Ethernet/IP Market Outlook, By Switches (2014-2023) ($MN)  
111 Europe Industrial Ethernet/IP Market Outlook, By Other Hardwares (2014-2023) ($MN) 

Note: Asia Pacific, South America and Middle East & Africa are represented in above manner. 

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