Industrial Ethernet is a surging technology where Ethernet is used to provide determinism and real time control of the industrial environment. In Industrial Ethernet, Ethernet protocols are used along with rugged connectors and extended temperature switches for automation and control in an industry. The Global Industrial Ethernet Market was 26.15 Billion USD in 2018 and is estimated to reach 54.91 Billion USD by 2025 with a CAGR of 11.18% between 2017 and 2023.
Growth by Region
The Asia-Pacific region has the highest market share than any of the other region with 50% market share followed by Europe and North America with 35% and 15% of total market share of Global Industrial Ethernet Market in 2017.
Drivers vs. Constraints
Increase in the use of Industrial Internet of Things is marked as one of the primary reason for the growth of Global Industrial Ethernet Market. Open networks such as Ethernet has several advantages over dedicated automated networks offering greater bandwidth and constant upgrades thus driving the market
Industry Structure and Update
In August 2017, Rockwell Automation invented lightly managed switch named the Allen-Bradley Stratix 2500 .The switch exceeds the functional and operational capabilities of unmanaged switches by providing diagnostic information and by monitoring and by optimizing traffic flow.
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