Product category:
Industrial Ethernet systems
News Release from: IMS Research | Subject: Ethernet growth
Edited by the Processingtalk Editorial
Team on 21 November 2007
So many Industrial Ethernet flavours to
choose!
Growth in the use of Ethernet-based communication is forecast to exceed that of networking protocols in general; according to a new report on the world industrial Ethernet from IMS Research
Global shipments of industrial Ethernet nodes are forecast to grow at 21.7% CAGR over the next 5 years, with some regions and industries faring better than others The new report follows the world market for industrial networking, published earlier this year
This article was originally published on Processingtalk on 11 Aug 2004 at 8.00am (UK)
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High growth predicted for industrial Ethernet
The Industrial Ethernet market will grow at around 20% pa for at least the next 5 years according to leading automation analysts IMS Research, many times the growth of automation in general
Senior Market Analyst John Morse commented, "Industrial Ethernet appears to be following the same path trodden by fieldbus protocols; with a growing number of variations on the theme.
Many of the variants will find their niche in the market however, it will come as no surprise that the research found that Profinet is forecast ultimately to dominate the EMEA region and Ethernet/IP will enjoy the lion's share in the Americas".
This is due to the relative strength of Siemens and Rockwell Automation in EMEA and the Americas respectively.
Morse continued, "However, the report predicts that the mix of technologies will be more even in Asia".
The report offers a number of market segmentations including a detailed analysis of components used in industrial Ethernet infrastructures.
The research identifies good components opportunities in the infrastructure related industries.
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