Published on : Oct 14, 2016
Albany, New York, October 14, 2016: Market Research Hub has recently announced the addition of a new research report to its vast repository. The research report, titled “Global Industrial Ethernet Market Research Report 2021,” provides an explanation of the factors that are likely to define the trajectory of the global market all through 2021. The report provides a fair understanding of the emerging trends in the global industrial Ethernet market and a list of restraints that are likely to hamper the growth of the market. The research report has been compiled using primary and secondary research methodologies to offer an accurate and exact view of the happenings in the global market to its readers.
Analysts state that the increasing activity of original equipment manufacturers (OEMs) will be the driving force behind the rising usage of Ethernet in machines and robotics. Industrial networks have become an integral part of establishing connections between controllers, human machine interfaces (HMIs), distributed I/O, instruments, and sensors in a robot or a machine. End users are opting for Ethernet for machine OEMs and robots as the solution comes at an affordable price and is exceptionally user-friendly.
The growing popularity and usage of Internet of Things or IoT is also likely to make a positive impact on the adoption of Ethernet in various industrial sectors. The market offers technologies such as PROFINET, Ethernet/IP, TCP/IP, EtherCAT, POWERLINK, and others. On the basis of geography, the global industrial Ethernet market is segmented into North America, China, India, Japan, China, and Southeast Asia. The researchers have analyzed the potential applications of these technologies and identified the geographical regions, which are expected to be lucrative markets.
The research report has used SWOT analysis to identify the strengths, weaknesses, opportunities, and threats that are likely to impact the aforementioned segments of the global industrial Ethernet market. Additionally, the researchers have also used a Porter’s five forces analysis to provide a comprehensive understanding of the various competition-related dynamics in the overall market. The document also includes a study of the expansion plan of the vendors in the global market, new product launches, and the mergers and acquisition strategies of the players.
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Some of the key players profiled in the global industrial Ethernet market are Alcatel-Lucent, ZTE, D-Link, Hewlett-Packard, Huawei, Cisco Systems, Juniper Networks, Rockwell Automation, Schneider Electric, Avaya, Siemens, Belden, Hitachi, and MOXA. The research report profiles these players and provides a detailed explanation of the competitive landscape present in the global market. The research report also offers an insight of the marketing and business strategies being used by these companies to remain dominant in the global market. Additionally, the analysts have also assessed the research and development activities of these players and ascertained the measures they are likely to take to make the most of the growth drivers in the coming years.
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