Title: Industrial Ethernet Market Size, Industry Demand, Global Forecast To 2033
1Industrial Ethernet Global Market Report 2024
Market Size, Trends and Global Forecast 2024-2033
2Industrial Ethernet Global Market Segments
The Business Research Company segments its
Industrial Ethernet market report as
Hardware, Software, Services
By Offering
EtherCAT, EtherNet/IP, Profinet, Powerlink,
Sercos III, CC-Link IE, Other Protocols
By Protocol
Oil and Gas, Aerospace and Defense, Energy and
Power, Electrical and Electronics, Automotive and
Transport, Chemicals, Other Applications
By Application
3Industrial Ethernet Market Statistics
The industrial ethernet market size has grown
rapidly in recent years. It will grow from 32.01
billion in 2023 to 36.56 billion in 2024 at a
compound annual growth rate (CAGR) of 14.2. It
will grow to 63.91 billion in 2028 at a compound
annual growth rate (CAGR) of 15.0.
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4Key Market Drivers And Trends
Drivers
Smart Automobiles Fueling The Growth Of The
Industrial Ethernet Market
Trends
Pioneering Technological Advancements Westermo's
Next-Generation Industrial Ethernet Switch
Platform
Region
Asia-Pacific was the largest region in the
industrial ethernet market in 2023.
5Key Market Players
Major players in the Industrial Ethernet Global
Market are Cisco Systems Inc., Siemens AG,
Rockwell Automation Inc., Beckhoff Automation,
Moxa Inc. And more.
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