Industrial Ethernet Cables Market to Record 1.17 Bn growth between 2021 and 2025 | Technavio
Factors such as the growing benefits of industrial ethernet and the replacement of Fieldbus with industrial ethernet will be crucial in driving the growth of the market.
NEW YORK, Oct. 13, 2021 /PRNewswire/ --
Technavio's latest research report on the Industrial Ethernet Cables Market offers insights on new product launches, the latest trends, and their impact on businesses.
The industrial ethernet cables market is set to grow by USD 1.17 billion during 2021-2025, accelerating at a CAGR of over 16%.
Market Dynamics
Factors such as the growing benefits of industrial ethernet and the replacement of Fieldbus with industrial ethernet will be crucial in driving the growth of the market. But the growing preference for wireless communication will restrict the market growth.
The rising popularity of ethernet among machine and robot OEMs is expected to offer significant growth opportunities for market players. On the other hand, the threat of cyberattacks will be hindering their growth.
Company Profiles
The industrial ethernet cables market report provides complete insights on key vendors including Alpha Wire Inc., Anixter International Inc., Belden Inc., HELUKABEL Romania Srl, Hitachi Ltd., Murrelektronik GmbH, Nexans SA, Prysmian Spa, Rockwell Automation Inc., and Siemens AG.
Competitive Analysis
The industrial ethernet cables market report includes the competitive analysis, which analyzes and evaluates the position of companies based on their industry position score and market performance score. Some of the factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Market Segmentation
- By End-user, the market is classified into discrete industries and process industries. The market witnessed maximum demand for industrial ethernet cables from discrete industries in 2020.
- By Geography, the market is analyzed across APAC, North America, Europe, MEA, and South America. APAC will have the largest share of the market.
Related Reports:
Global Industrial Communication Gateways Market - Global industrial communication gateways market is segmented by end-user (process industry and discrete industry) and geography (North America, APAC, Europe, South America, and MEA).
Download Exclusive Free Sample Report
Fieldbus Solutions Market for Process Industry in US - Fieldbus solutions market for process industry in US is segmented by end-user (oil and gas industry, chemical and petrochemical industry, power industry, metal and mining industry, and others), protocol (PROFIBUS, modbus, DeviceNet, AS-i, and SERCOS), and solution (hardware, software, and services).
Download Exclusive Free Sample Report
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Industrial Ethernet Cables Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of over 16% |
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Market growth 2021-2025 |
$ 1.17 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
8.20 |
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Regional analysis |
APAC, North America, Europe, MEA, and South America |
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Performing market contribution |
APAC at 55% |
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Key consumer countries |
China, US, Japan, Germany, and UK |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Alpha Wire Inc., Anixter International Inc., Belden Inc., HELUKABEL Romania Srl, Hitachi Ltd., Murrelektronik GmbH, Nexans SA, Prysmian Spa, Rockwell Automation Inc., and Siemens AG |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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