The Industrial Wireline Networking Market is Predict to reach USD 13.6 Billion by 2031, at a CAGR of 10.9%

27-Aug-2024 | Report Format: Electronic (PDF)

Industrial Wireline Networking Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Industrial Wireline Networking Market size is expected to reach $13.6 billion by 2031, rising at a market growth of 10.9% CAGR during the forecast period.

Wireline networks are often the preferred solution for industrial applications that require high data throughput and low latency, particularly in environments where real-time decision-making is essential. For industries that prioritize precision and accuracy, such as automotive manufacturing, aerospace, and chemical processing, wireline networks offer the requisite bandwidth to facilitate high-speed communication between machines, controllers, and monitoring systems.

Industrial Wireline Networking Market Size - By Region

The Industrial Ethernet segment led the Global Industrial Wireline Networking Market by Application in 2023; thereby, achieving a market value of $8.2 Billion by 2031. In the transportation, energy, and manufacturing industries, there is an increasing demand for communication solutions that are dependable, scalable, and high-speed.

The On-premise segment is growing at a CAGR of 10.5 % during the forecast period. This dominance is due to the critical requirement for high control, security, and reliability in the oil and gas, energy, and manufacturing sectors. On-premise deployment allows companies to manage their networking infrastructure internally, essential for industries that handle sensitive data or require uninterrupted communication.

Full Report: https://www.kbvresearch.com/industrial-wireline-networking-market/

The North America region dominated the Global Industrial Wireline Networking Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $5 Billion by 2031. The Europe region is anticipated to grow at a CAGR of 10.4% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 11.5% during (2024 - 2031).

List of Key Companies Profiled

  • BCE Inc.
  • Hitachi, Ltd. (Hitachi Energy Ltd.)
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • Larsen & Toubro Limited
  • Viavi Solutions, Inc.
  • Amphenol Corporation
  • Intel Corporation
  • Siemens AG
  • Broadcom, Inc.

Industrial Wireline Networking Market Report Segmentation

By Application

  • Industrial Ethernet
  • Fieldbus

By Deployment

  • On-premise
  • Cloud

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Call: +1(646) 600-5072

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