The Europe Industrial Ethernet Market would witness market growth of 6.8% CAGR during the forecast period (2021-2027). In Industry 4.0, industrial communication plays a vital role. Along with making a smart production process, it is important for a company to adopt advanced communication technology that would help them to achieve their target.
The limitations of other wireless systems can be overcome with the help of 5G. The introduction of 5G will bring a drastic change for the manufacturing industries. 5G connectivity will be leveraged with ultra-low latency and reliability that make the manufacturing system more efficient and flexible. The deployment of 5G will eliminate the dependency on cables, but there will be continued automation of robots and warehouse transportation.
Industry 4.0 is basically the advancement of new digital industrial technology. Along with the value chain connected to a single enterprise, machines, sensors, and IT systems will be also be connected in Industry 4.0. By using standard internet-based protocols, all these systems will be connected and interact with one another. With the help of this, data analysis and failure prediction are done, and accordingly, variations in data can be configured. It is predicted that the fourth industrial revolution will be helpful to gather and analyze data across machines. This will make data processing faster, flexible, and more efficient and thus produce higher quality products at a lower cost. This will increase manufacturing productivity, promote industrial growth, and improve plant economics. Thus, there will be increasing use of digital industrial network protocols including Foundation Fieldbus and WirelessHART. The European Union (EU) is actively promoting Industrial Revolution 4.0 promotion. This union is supporting the smart use of information and communications technology (ICT) and the incorporation of micro-, small-, and medium-sized enterprises in the digital value chains. It is the EU-funded program to fund and support research and innovation in this field.
The Germany market dominated the Europe Industrial Ethernet Software Market by Country 2020, thereby, achieving a market value of $281.4 million by 2027. The UK market is exhibiting a CAGR of 5.8% during (2021 - 2027). Additionally, The France market is poised to grow at a CAGR of 7.3% during (2021 - 2027).
Based on Offering, the market is segmented into Hardware, Software and Services. Based on Protocol, the market is segmented into EtherNet/IP, EtherCAT, PROFINET, POWERLINK and Others. Based on Industry, the market is segmented into Automotive & Transportation, Electrical & Electronics, Pharmaceutical & Medical Devices, Aerospace & Defense, Energy & Power, Oil & Gas, Food & Beverages and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Industrial Ethernet Market Size will Hit $15.3 Billion by 2027, at a CAGR of 7.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, Rockwell Automation, Inc., Cisco Systems, Inc., Omron Corporation, Sick AG, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Schneider Electric SE, IFM Electronics GmbH, ABB Group, and Belden, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Offering
By Protocol
- EtherNet/IP
- EtherCAT
- PROFINET
- POWERLINK
- Others
By Industry
- Automotive & Transportation
- Electrical & Electronics
- Pharmaceutical & Medical Devices
- Aerospace & Defense
- Energy & Power
- Oil & Gas
- Food & Beverages
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Siemens AG
- Rockwell Automation, Inc.
- Cisco Systems, Inc.
- Omron Corporation
- Sick AG
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Schneider Electric SE
- IFM Electronics GmbH
- ABB Group
- Belden, Inc.
TABLE 1 Europe Industrial Ethernet Market, 2017 - 2020, USD Million
TABLE 2 Europe Industrial Ethernet Market, 2021 - 2027, USD Million
TABLE 3 Geographical Expansions– Industrial Ethernet Market
TABLE 4 Product Launches And Product Expansions– Industrial Ethernet Market
TABLE 5 Acquisition and Mergers– Industrial Ethernet Market
TABLE 6 Europe Industrial Ethernet Market by Industry, 2017 - 2020, USD Million
TABLE 7 Europe Industrial Ethernet Market by Industry, 2021 - 2027, USD Million
TABLE 8 Europe Automotive & Transportation Industrial Ethernet Market by Country, 2017 - 2020, USD Million
TABLE 9 Europe Automotive & Transportation Industrial Ethernet Market by Country, 2021 - 2027, USD Million
TABLE 10 Europe Electrical & Electronics Industrial Ethernet Market by Country, 2017 - 2020, USD Million
TABLE 11 Europe Electrical & Electronics Industrial Ethernet Market by Country, 2021 - 2027, USD Million
TABLE 12 Europe Pharmaceutical & Medical Devices Industrial Ethernet Market by Country, 2017 - 2020, USD Million
TABLE 13 Europe Pharmaceutical & Medical Devices Industrial Ethernet Market by Country, 2021 - 2027, USD Million
TABLE 14 Europe Aerospace & Defense Industrial Ethernet Market by Country, 2017 - 2020, USD Million
TABLE 15 Europe Aerospace & Defense Industrial Ethernet Market by Country, 2021 - 2027, USD Million
TABLE 16 Europe Energy & Power Industrial Ethernet Market by Country, 2017 - 2020, USD Million
TABLE 17 Europe Energy & Power Industrial Ethernet Market by Country, 2021 - 2027, USD Million
TABLE 18 Europe Oil & Gas Industrial Ethernet Market by Country, 2017 - 2020, USD Million
TABLE 19 Europe Oil & Gas Industrial Ethernet Market by Country, 2021 - 2027, USD Million
TABLE 20 Europe Food & Beverages Industrial Ethernet Market by Country, 2017 - 2020, USD Million
TABLE 21 Europe Food & Beverages Industrial Ethernet Market by Country, 2021 - 2027, USD Million
TABLE 22 Europe Other Industry Industrial Ethernet Market by Country, 2017 - 2020, USD Million
TABLE 23 Europe Other Industry Industrial Ethernet Market by Country, 2021 - 2027, USD Million
TABLE 24 Europe Industrial Ethernet Market by Offering, 2017 - 2020, USD Million
TABLE 25 Europe Industrial Ethernet Market by Offering, 2021 - 2027, USD Million
TABLE 26 Europe Industrial Ethernet Hardware Market by Country, 2017 - 2020, USD Million
TABLE 27 Europe Industrial Ethernet Hardware Market by Country, 2021 - 2027, USD Million
TABLE 28 Europe Industrial Ethernet Software Market by Country, 2017 - 2020, USD Million
TABLE 29 Europe Industrial Ethernet Software Market by Country, 2021 - 2027, USD Million
TABLE 30 Europe Industrial Ethernet Services Market by Country, 2017 - 2020, USD Million
TABLE 31 Europe Industrial Ethernet Services Market by Country, 2021 - 2027, USD Million
TABLE 32 Europe Industrial Ethernet Market by Protocol, 2017 - 2020, USD Million
TABLE 33 Europe Industrial Ethernet Market by Protocol, 2021 - 2027, USD Million
TABLE 34 Europe EtherNet/IP Industrial Ethernet Market by Country, 2017 - 2020, USD Million
TABLE 35 Europe EtherNet/IP Industrial Ethernet Market by Country, 2021 - 2027, USD Million
TABLE 36 Europe EtherCAT Industrial Ethernet Market by Country, 2017 - 2020, USD Million
TABLE 37 Europe EtherCAT Industrial Ethernet Market by Country, 2021 - 2027, USD Million
TABLE 38 Europe PROFINET Industrial Ethernet Market by Country, 2017 - 2020, USD Million
TABLE 39 Europe PROFINET Industrial Ethernet Market by Country, 2021 - 2027, USD Million
TABLE 40 Europe POWERLINK Industrial Ethernet Market by Country, 2017 - 2020, USD Million
TABLE 41 Europe POWERLINK Industrial Ethernet Market by Country, 2021 - 2027, USD Million
TABLE 42 Europe Others Industrial Ethernet Market by Country, 2017 - 2020, USD Million
TABLE 43 Europe Others Industrial Ethernet Market by Country, 2021 - 2027, USD Million
TABLE 44 Europe Industrial Ethernet Market by Country, 2017 - 2020, USD Million
TABLE 45 Europe Industrial Ethernet Market by Country, 2021 - 2027, USD Million
TABLE 46 Germany Industrial Ethernet Market, 2017 - 2020, USD Million
TABLE 47 Germany Industrial Ethernet Market, 2021 - 2027, USD Million
TABLE 48 Germany Industrial Ethernet Market by Industry, 2017 - 2020, USD Million
TABLE 49 Germany Industrial Ethernet Market by Industry, 2021 - 2027, USD Million
TABLE 50 Germany Industrial Ethernet Market by Offering, 2017 - 2020, USD Million
TABLE 51 Germany Industrial Ethernet Market by Offering, 2021 - 2027, USD Million
TABLE 52 Germany Industrial Ethernet Market by Protocol, 2017 - 2020, USD Million
TABLE 53 Germany Industrial Ethernet Market by Protocol, 2021 - 2027, USD Million
TABLE 54 UK Industrial Ethernet Market, 2017 - 2020, USD Million
TABLE 55 UK Industrial Ethernet Market, 2021 - 2027, USD Million
TABLE 56 UK Industrial Ethernet Market by Industry, 2017 - 2020, USD Million
TABLE 57 UK Industrial Ethernet Market by Industry, 2021 - 2027, USD Million
TABLE 58 UK Industrial Ethernet Market by Offering, 2017 - 2020, USD Million
TABLE 59 UK Industrial Ethernet Market by Offering, 2021 - 2027, USD Million
TABLE 60 UK Industrial Ethernet Market by Protocol, 2017 - 2020, USD Million
TABLE 61 UK Industrial Ethernet Market by Protocol, 2021 - 2027, USD Million
TABLE 62 France Industrial Ethernet Market, 2017 - 2020, USD Million
TABLE 63 France Industrial Ethernet Market, 2021 - 2027, USD Million
TABLE 64 France Industrial Ethernet Market by Industry, 2017 - 2020, USD Million
TABLE 65 France Industrial Ethernet Market by Industry, 2021 - 2027, USD Million
TABLE 66 France Industrial Ethernet Market by Offering, 2017 - 2020, USD Million
TABLE 67 France Industrial Ethernet Market by Offering, 2021 - 2027, USD Million
TABLE 68 France Industrial Ethernet Market by Protocol, 2017 - 2020, USD Million
TABLE 69 France Industrial Ethernet Market by Protocol, 2021 - 2027, USD Million
TABLE 70 Russia Industrial Ethernet Market, 2017 - 2020, USD Million
TABLE 71 Russia Industrial Ethernet Market, 2021 - 2027, USD Million
TABLE 72 Russia Industrial Ethernet Market by Industry, 2017 - 2020, USD Million
TABLE 73 Russia Industrial Ethernet Market by Industry, 2021 - 2027, USD Million
TABLE 74 Russia Industrial Ethernet Market by Offering, 2017 - 2020, USD Million
TABLE 75 Russia Industrial Ethernet Market by Offering, 2021 - 2027, USD Million
TABLE 76 Russia Industrial Ethernet Market by Protocol, 2017 - 2020, USD Million
TABLE 77 Russia Industrial Ethernet Market by Protocol, 2021 - 2027, USD Million
TABLE 78 Spain Industrial Ethernet Market, 2017 - 2020, USD Million
TABLE 79 Spain Industrial Ethernet Market, 2021 - 2027, USD Million
TABLE 80 Spain Industrial Ethernet Market by Industry, 2017 - 2020, USD Million
TABLE 81 Spain Industrial Ethernet Market by Industry, 2021 - 2027, USD Million
TABLE 82 Spain Industrial Ethernet Market by Offering, 2017 - 2020, USD Million
TABLE 83 Spain Industrial Ethernet Market by Offering, 2021 - 2027, USD Million
TABLE 84 Spain Industrial Ethernet Market by Protocol, 2017 - 2020, USD Million
TABLE 85 Spain Industrial Ethernet Market by Protocol, 2021 - 2027, USD Million
TABLE 86 Italy Industrial Ethernet Market, 2017 - 2020, USD Million
TABLE 87 Italy Industrial Ethernet Market, 2021 - 2027, USD Million
TABLE 88 Italy Industrial Ethernet Market by Industry, 2017 - 2020, USD Million
TABLE 89 Italy Industrial Ethernet Market by Industry, 2021 - 2027, USD Million
TABLE 90 Italy Industrial Ethernet Market by Offering, 2017 - 2020, USD Million
TABLE 91 Italy Industrial Ethernet Market by Offering, 2021 - 2027, USD Million
TABLE 92 Italy Industrial Ethernet Market by Protocol, 2017 - 2020, USD Million
TABLE 93 Italy Industrial Ethernet Market by Protocol, 2021 - 2027, USD Million
TABLE 94 Rest of Europe Industrial Ethernet Market, 2017 - 2020, USD Million
TABLE 95 Rest of Europe Industrial Ethernet Market, 2021 - 2027, USD Million
TABLE 96 Rest of Europe Industrial Ethernet Market by Industry, 2017 - 2020, USD Million
TABLE 97 Rest of Europe Industrial Ethernet Market by Industry, 2021 - 2027, USD Million
TABLE 98 Rest of Europe Industrial Ethernet Market by Offering, 2017 - 2020, USD Million
TABLE 99 Rest of Europe Industrial Ethernet Market by Offering, 2021 - 2027, USD Million
TABLE 100 Rest of Europe Industrial Ethernet Market by Protocol, 2017 - 2020, USD Million
TABLE 101 Rest of Europe Industrial Ethernet Market by Protocol, 2021 - 2027, USD Million
TABLE 102 Key Information – Siemens AG
TABLE 103 Key information – Rockwell Automation, Inc.
TABLE 104 Key Information – Cisco Systems, Inc.
TABLE 105 Key Information – Omron Corporation
TABLE 106 Key Information – Sick AG
TABLE 107 key information – Huawei Technologies Co., Ltd.
TABLE 108 Key information – Schneider Electric SE
TABLE 109 Key Information – IFM Electronics GmbH
TABLE 110 Key Information – ABB Group
TABLE 111 key information – Belden, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, Apr – 2021, May) Leading Players
FIG 5 Swot analysis: Siemens AG
FIG 6 SWOT Analysis: Rockwell Automation, Inc.
FIG 7 SWOT Analysis: Cisco Systems, Inc.
FIG 8 SWOT Analysis: Omron Corporation
FIG 9 SWOT Analysis: Sick AG
FIG 10 Swot analysis: Schneider Electric SE
FIG 11 SWOT Analysis: ABB Group
FIG 12 Recent strategies and developments: Belden, Inc.