Ethernet Test Equipment Market size to grow by USD 594.84 million from 2022 to 2027, Driven by the replacement of Fieldbus with industrial ethernet - Technavio
The potential growth difference for the ethernet test equipment market between 2022 and 2027 is USD 594.84 million.
- The potential growth difference for the ethernet test equipment market between 2022 and 2027 is USD 594.84 million.
- The replacement of Fieldbus with industrial ethernet is a key factor driving market growth.
- In comparison to industrial ethernet, Fieldbus is designed for specific tasks across the relevant Local Clusters and isolates them from other High-Level Networks.
- The Field-Programmable Gate Array (FPGA) Market size is estimated to grow at a CAGR of 7.81% between 2022 and 2027.