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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Industrial Communication Market to exceed $160bn by 202.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Industrial Communication Market to exceed $160bn by 202."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Industrial Communication Market to exceed $160bn by 202

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  The emergence of the Industrial Internet of Things (IIoT) solution is driving the industrial communication market. Over the past five years, IIoT has emerged as one of the most disruptive technology. It is transforming industrial process and automating operation across several industry verticals including automotive, manufacturing, energy, oil & gas, healthcare, and transportation.  Supportive government initiatives to promote automation among industries augment the demand for industrial communication market. Governments across countries are playing a pivotal role in driving digitalization & automation across industry verticals. They are working closely with industry giants and other private sector players to promote the adoption of advanced technologies. Key Insights from Industrial Communication Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Continued…  Ethernet IP will grow at a CAGR of over 12% during the forecast period. The large-scale adoption of the protocol throughout the manufacturing architecture is the primary factor supporting the growth of the industrial communication market.  As digitalization across the industry verticals is increasing, organizations are shifting from legacy communication systems toward advanced ethernet protocols to cope up with the changing communication requirements. This is encouraging the adoption of ethernet IP protocol.

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report Industrial Communication Market @ https://www.gminsights.com/industry-analysis/industrial-communication- market https://www.gminsights.com/industry-analysis/industrial-communication- market Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/3367

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Industrial Communication Market Revenue, By Component, 2018 & 2025, (USD Million)

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com ABB ACS Motion Control Advanced Motion Control ADVANTECH Beckhoff Automation Major Companies Industrial Communication Market :

7 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Industry Coverage

8 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Asia Pacific industrial communication market will grow at a CAGR of more than 12% during the forecast period. The market is driven by rapid industrialization in the emerging economies of the region. The supportive government policies for promoting domestic manufacturing capabilities and the low cost & skilled labor force are some of the primary factors that paved the way for industrialization in the region. Moreover, the increasing adoption of the Industry 4.0 revolution further augments the demand for the industrial communication market. Regional Insights in Industrial Communication Market :

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