Global Industrial Ethernet/IP Market to grow at a CAGR of 16.51% during 2017-2021 - Beckhoff, HMS, Moxa, Rockwell Automation, RTA

Ethernet/IP is the most preferred Ethernet protocol for industrial automation, which supports the industrial connectivity, enabling fast decision making and cutting down on operating expenses. It is mainly used for high-level industrial systems and for adding many devices simultaneously to the network. The major components that are considered in the report are Ethernet switches, gateways, and routers.

The global industrial ethernet/IP market to grow at a CAGR of 16.51% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global industrial ethernet/IP market for 2017-2021. To calculate the market size, the report considers new installations, retrofit, replacement, and aftersales services.

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The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Technavio's report, Global Industrial Ethernet/IP Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
- Beckhoff
- HMS
- Moxa
- Rockwell Automation
- RTA

Other prominent vendors
- Belden
- CISCO
- Huawei
- Innovasic
- Mitsubishi Electric
- Molex
- NetModule
- UTTHUNGA

Market driver
- Increased penetration of Ethernet networks in process industries
- For a full, detailed list, view our report

Market challenge
- Growing popularity of wireless technology
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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