The Latin America, Middle East and Africa Industrial Communication Market would witness market growth of 11.4% CAGR during the forecast period (2022-2028).
The rise in need for scalable, quicker, more dependable, & interoperable communication protocols is one of the key factors anticipated to propel the growth of the industrial communication market during the forecast period. The expanding use of digital twins to safely monitor smart production activities is also projected to fuel the industrial communication market's expansion.
Throughout the projected period, there is a sharp increase in demand for industrial Ethernet solutions and services across electrical and electronics applications. Industrial Ethernet can be deployed with the use of a number of electronic devices, including firewalls, routers, hubs, gateways, and switches. These goods aid in creating connections between various network elements in industrial settings across many industries. Different power supply units are designed specifically for the adoption of industrial Ethernet and aid in preventing errors brought on by voltage overloads, short circuits, and temperature overloads.
The Middle East & Africa are about to experience an unparalleled flood of innovation because of the arrival of Industry 4.0. The Middle East and Africa are also the world's largest centers for oil and gas production as well as mineral mining (diamond, phosphate, and gold). 5G will be the preferred IoT connectivity technology for these sectors. Increased network bandwidth, lower cost per gigabyte, and novel use case needs are major forces driving immediate 5G implementation. The mature ICT markets like Saudi Arabia, the UAE, and Qatar are anticipated to account for the majority of the MEA's 5G subscriptions.
The Brazil market dominated the LAMEA Industrial Communication Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $623.7 million by 2028. The Argentina market is estimated to grow at a CAGR of 12% during (2022 - 2028). Additionally, The UAE market would exhibit a CAGR of 11.1% during (2022 - 2028).
Based on Offering, the market is segmented into Components (Switches, Controllers & Connectors, Routers & WAP, Gateways, Communication Interfaces & Converters, Power Supply Devices, and Others), Software, and Services. Based on Communication Protocol, the market is segmented into Industrial Ethernet, Fieldbus, and Wireless. Based on Vertical, the market is segmented into Automotive, Electrical & Electronics, Aerospace & Defense, Chemicals & Fertilizers, Pharmaceuticals & Medical Devices, Metals & Mining, Power & Energy, Food & Beverages, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Industrial Communication Market is Predict to reach $28 Billion by 2028, at a CAGR of 8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Siemens AG, ABB Group, Schneider Electric SE, Sick AG, Rockwell Automation, Inc., Advantech Co., Ltd., Belden, Inc., Omron Corporation, and Huawei Technologies Co. Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Offering
- Components
- Switches
- Controllers & Connectors
- Routers & WAP
- Gateways
- Communication Interfaces & Converters
- Power Supply Devices
- Others
- Software
- Services
By Communication Protocol
- Industrial Ethernet
- Fieldbus
- Wireless
By Vertical
- Automotive
- Electrical & Electronics
- Aerospace & Defense
- Chemicals & Fertilizers
- Pharmaceuticals & Medical Devices
- Metals & Mining
- Power & Energy
- Food & Beverages
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Cisco Systems, Inc.
- Siemens AG
- ABB Group
- Schneider Electric SE
- Sick AG
- Rockwell Automation, Inc.
- Advantech Co., Ltd.
- Belden, Inc.
- Omron Corporation
- Huawei Technologies Co. Ltd.
TABLE 1 LAMEA Industrial Communication Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Industrial Communication Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Industrial Communication Market by Offering, 2018 - 2021, USD Million
TABLE 4 LAMEA Industrial Communication Market by Offering, 2022 - 2028, USD Million
TABLE 5 LAMEA Components Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Components Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Industrial Communication Market by Components Type, 2018 - 2021, USD Million
TABLE 8 LAMEA Industrial Communication Market by Components Type, 2022 - 2028, USD Million
TABLE 9 LAMEA Switches Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Switches Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Controllers & Connectors Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Controllers & Connectors Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Routers & WAP Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Routers & WAP Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Gateways Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Gateways Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Communication Interfaces & Converters Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Communication Interfaces & Converters Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Power Supply Devices Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Power Supply Devices Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Software Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Software Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Services Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Services Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Industrial Communication Market by Communication Protocol, 2018 - 2021, USD Million
TABLE 28 LAMEA Industrial Communication Market by Communication Protocol, 2022 - 2028, USD Million
TABLE 29 LAMEA Industrial Ethernet Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Industrial Ethernet Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Fieldbus Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Fieldbus Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Wireless Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Wireless Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Industrial Communication Market by Vertical, 2018 - 2021, USD Million
TABLE 36 LAMEA Industrial Communication Market by Vertical, 2022 - 2028, USD Million
TABLE 37 LAMEA Automotive Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Automotive Market by Country, 2022 - 2028, USD Million
TABLE 39 LAMEA Electrical & Electronics Market by Country, 2018 - 2021, USD Million
TABLE 40 LAMEA Electrical & Electronics Market by Country, 2022 - 2028, USD Million
TABLE 41 LAMEA Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 42 LAMEA Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 43 LAMEA Chemicals & Fertilizers Market by Country, 2018 - 2021, USD Million
TABLE 44 LAMEA Chemicals & Fertilizers Market by Country, 2022 - 2028, USD Million
TABLE 45 LAMEA Pharmaceuticals & Medical Devices Market by Country, 2018 - 2021, USD Million
TABLE 46 LAMEA Pharmaceuticals & Medical Devices Market by Country, 2022 - 2028, USD Million
TABLE 47 LAMEA Metals & Mining Market by Country, 2018 - 2021, USD Million
TABLE 48 LAMEA Metals & Mining Market by Country, 2022 - 2028, USD Million
TABLE 49 LAMEA Power & Energy Market by Country, 2018 - 2021, USD Million
TABLE 50 LAMEA Power & Energy Market by Country, 2022 - 2028, USD Million
TABLE 51 LAMEA Food & Beverages Market by Country, 2018 - 2021, USD Million
TABLE 52 LAMEA Food & Beverages Market by Country, 2022 - 2028, USD Million
TABLE 53 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 54 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 55 LAMEA Industrial Communication Market by Country, 2018 - 2021, USD Million
TABLE 56 LAMEA Industrial Communication Market by Country, 2022 - 2028, USD Million
TABLE 57 Brazil Industrial Communication Market, 2018 - 2021, USD Million
TABLE 58 Brazil Industrial Communication Market, 2022 - 2028, USD Million
TABLE 59 Brazil Industrial Communication Market by Offering, 2018 - 2021, USD Million
TABLE 60 Brazil Industrial Communication Market by Offering, 2022 - 2028, USD Million
TABLE 61 Brazil Industrial Communication Market by Components Type, 2018 - 2021, USD Million
TABLE 62 Brazil Industrial Communication Market by Components Type, 2022 - 2028, USD Million
TABLE 63 Brazil Industrial Communication Market by Communication Protocol, 2018 - 2021, USD Million
TABLE 64 Brazil Industrial Communication Market by Communication Protocol, 2022 - 2028, USD Million
TABLE 65 Brazil Industrial Communication Market by Vertical, 2018 - 2021, USD Million
TABLE 66 Brazil Industrial Communication Market by Vertical, 2022 - 2028, USD Million
TABLE 67 Argentina Industrial Communication Market, 2018 - 2021, USD Million
TABLE 68 Argentina Industrial Communication Market, 2022 - 2028, USD Million
TABLE 69 Argentina Industrial Communication Market by Offering, 2018 - 2021, USD Million
TABLE 70 Argentina Industrial Communication Market by Offering, 2022 - 2028, USD Million
TABLE 71 Argentina Industrial Communication Market by Components Type, 2018 - 2021, USD Million
TABLE 72 Argentina Industrial Communication Market by Components Type, 2022 - 2028, USD Million
TABLE 73 Argentina Industrial Communication Market by Communication Protocol, 2018 - 2021, USD Million
TABLE 74 Argentina Industrial Communication Market by Communication Protocol, 2022 - 2028, USD Million
TABLE 75 Argentina Industrial Communication Market by Vertical, 2018 - 2021, USD Million
TABLE 76 Argentina Industrial Communication Market by Vertical, 2022 - 2028, USD Million
TABLE 77 UAE Industrial Communication Market, 2018 - 2021, USD Million
TABLE 78 UAE Industrial Communication Market, 2022 - 2028, USD Million
TABLE 79 UAE Industrial Communication Market by Offering, 2018 - 2021, USD Million
TABLE 80 UAE Industrial Communication Market by Offering, 2022 - 2028, USD Million
TABLE 81 UAE Industrial Communication Market by Components Type, 2018 - 2021, USD Million
TABLE 82 UAE Industrial Communication Market by Components Type, 2022 - 2028, USD Million
TABLE 83 UAE Industrial Communication Market by Communication Protocol, 2018 - 2021, USD Million
TABLE 84 UAE Industrial Communication Market by Communication Protocol, 2022 - 2028, USD Million
TABLE 85 UAE Industrial Communication Market by Vertical, 2018 - 2021, USD Million
TABLE 86 UAE Industrial Communication Market by Vertical, 2022 - 2028, USD Million
TABLE 87 Saudi Arabia Industrial Communication Market, 2018 - 2021, USD Million
TABLE 88 Saudi Arabia Industrial Communication Market, 2022 - 2028, USD Million
TABLE 89 Saudi Arabia Industrial Communication Market by Offering, 2018 - 2021, USD Million
TABLE 90 Saudi Arabia Industrial Communication Market by Offering, 2022 - 2028, USD Million
TABLE 91 Saudi Arabia Industrial Communication Market by Components Type, 2018 - 2021, USD Million
TABLE 92 Saudi Arabia Industrial Communication Market by Components Type, 2022 - 2028, USD Million
TABLE 93 Saudi Arabia Industrial Communication Market by Communication Protocol, 2018 - 2021, USD Million
TABLE 94 Saudi Arabia Industrial Communication Market by Communication Protocol, 2022 - 2028, USD Million
TABLE 95 Saudi Arabia Industrial Communication Market by Vertical, 2018 - 2021, USD Million
TABLE 96 Saudi Arabia Industrial Communication Market by Vertical, 2022 - 2028, USD Million
TABLE 97 South Africa Industrial Communication Market, 2018 - 2021, USD Million
TABLE 98 South Africa Industrial Communication Market, 2022 - 2028, USD Million
TABLE 99 South Africa Industrial Communication Market by Offering, 2018 - 2021, USD Million
TABLE 100 South Africa Industrial Communication Market by Offering, 2022 - 2028, USD Million
TABLE 101 South Africa Industrial Communication Market by Components Type, 2018 - 2021, USD Million
TABLE 102 South Africa Industrial Communication Market by Components Type, 2022 - 2028, USD Million
TABLE 103 South Africa Industrial Communication Market by Communication Protocol, 2018 - 2021, USD Million
TABLE 104 South Africa Industrial Communication Market by Communication Protocol, 2022 - 2028, USD Million
TABLE 105 South Africa Industrial Communication Market by Vertical, 2018 - 2021, USD Million
TABLE 106 South Africa Industrial Communication Market by Vertical, 2022 - 2028, USD Million
TABLE 107 Nigeria Industrial Communication Market, 2018 - 2021, USD Million
TABLE 108 Nigeria Industrial Communication Market, 2022 - 2028, USD Million
TABLE 109 Nigeria Industrial Communication Market by Offering, 2018 - 2021, USD Million
TABLE 110 Nigeria Industrial Communication Market by Offering, 2022 - 2028, USD Million
TABLE 111 Nigeria Industrial Communication Market by Components Type, 2018 - 2021, USD Million
TABLE 112 Nigeria Industrial Communication Market by Components Type, 2022 - 2028, USD Million
TABLE 113 Nigeria Industrial Communication Market by Communication Protocol, 2018 - 2021, USD Million
TABLE 114 Nigeria Industrial Communication Market by Communication Protocol, 2022 - 2028, USD Million
TABLE 115 Nigeria Industrial Communication Market by Vertical, 2018 - 2021, USD Million
TABLE 116 Nigeria Industrial Communication Market by Vertical, 2022 - 2028, USD Million
TABLE 117 Rest of LAMEA Industrial Communication Market, 2018 - 2021, USD Million
TABLE 118 Rest of LAMEA Industrial Communication Market, 2022 - 2028, USD Million
TABLE 119 Rest of LAMEA Industrial Communication Market by Offering, 2018 - 2021, USD Million
TABLE 120 Rest of LAMEA Industrial Communication Market by Offering, 2022 - 2028, USD Million
TABLE 121 Rest of LAMEA Industrial Communication Market by Components Type, 2018 - 2021, USD Million
TABLE 122 Rest of LAMEA Industrial Communication Market by Components Type, 2022 - 2028, USD Million
TABLE 123 Rest of LAMEA Industrial Communication Market by Communication Protocol, 2018 - 2021, USD Million
TABLE 124 Rest of LAMEA Industrial Communication Market by Communication Protocol, 2022 - 2028, USD Million
TABLE 125 Rest of LAMEA Industrial Communication Market by Vertical, 2018 - 2021, USD Million
TABLE 126 Rest of LAMEA Industrial Communication Market by Vertical, 2022 - 2028, USD Million
TABLE 127 Key Information – Cisco Systems, Inc.
TABLE 128 Key Information – Siemens AG
TABLE 129 Key Information – ABB Group
TABLE 130 Key information – Schneider Electric SE
TABLE 131 Key Information – Sick AG
TABLE 132 Key information – Rockwell Automation, Inc.
TABLE 133 Key Information – Advantech Co., Ltd.
TABLE 134 key information – Belden, Inc.
TABLE 135 Key Information – Omron Corporation
TABLE 136 key information – Huawei Technologies Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Cisco Systems, Inc.
FIG 3 SWOT Analysis: Cisco Systems, Inc.
FIG 4 Swot analysis: Siemens AG
FIG 5 SWOT Analysis: ABB Group
FIG 6 Swot analysis: Schneider Electric SE
FIG 7 SWOT Analysis: Sick AG
FIG 8 SWOT Analysis: Rockwell Automation, Inc.
FIG 9 Recent strategies and developments: Belden, Inc.
FIG 10 SWOT Analysis: Omron Corporation