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US Industrial Communication Market (2022-2027) by Components, Communication Protocol, End-Use, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

  • ID: 5585494
  • Report
  • March 2022
  • Region: United States
  • 187 Pages
  • Infogence Global Research

FEATURED COMPANIES

  • AAEON Technology Inc
  • Advanced Motion Control
  • Bosch Rexroth AG
  • FANUC
  • Infineon Technologies AG
  • National Instruments Corp
The US Industrial Communication Market is estimated to be USD 3.87 Bn in 2022 and is projected to reach USD 5.62 Bn by 2027, growing at a CAGR of 7.75%.



Market dynamics are forces that impact the prices and behaviors of the US Industrial Communication Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The US Industrial Communication Market is segmented based on Components, Communication Protocol, and End-Use.
  • By Components, the market is classified into Hardware, Software, and Services.
  • By Communication Protocol, the market is classified into Fieldbus, Industrial Ethernet, and Wireless.
  • By End-Use, the market is classified into Automotive, Electrical & Electronics, Aerospace & Defense, Oil & Gas, Chemicals & Fertilizers, Food & Beverages, Pharmaceuticals & Medical Devices, Energy & Power, Mining & Metals, Engineering/Fabrication, Water & Wastewater, and Others.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are AAEON Technology Inc, ABB Ltd, ACS Motion Control Ltd, Advanced Motion Control, Advantech Co. Ltd, Beckhoff Automation GmbH & Co. KG, Belden Inc, Bosch Rexroth AG, Cisco Systems Inc, Emerson Electric Co., Endress+Hauser Group Services AG, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these 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.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the US Industrial Communication Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the US Industrial Communication Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the US Industrial Communication Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the US Industrial Communication Market

What is the estimated value of the US Industrial Communication Market?

The US Industrial Communication Market was estimated to be valued at $3.9 Billion in 2022.

What is the growth rate of the US Industrial Communication Market?

The growth rate of the US Industrial Communication Market is 7.7%, with an estimated value of $5.6 Billion by 2027.

What is the forecasted size of the US Industrial Communication Market?

The US Industrial Communication Market is estimated to be worth $5.6 Billion by 2027.

Who are the key companies in the US Industrial Communication Market?

Key companies in the US Industrial Communication Market include AAEON Technology Inc, ABB Ltd, ACS Motion Control Ltd, Advanced Motion Control, Advantech Co. Ltd, Beckhoff Automation GmbH & Co. KG, Belden Inc, Bosch Rexroth AG and Emerson Electric Co..
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AAEON Technology Inc
  • Advanced Motion Control
  • Bosch Rexroth AG
  • FANUC
  • Infineon Technologies AG
  • National Instruments Corp

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Growing Need for Scalable, Faster, Reliable, and Interoperable Communication Protocols
4.1.2 Increasing Use of Digital Twin to Safely Monitor Smart Manufacturing Operations
4.1.3 Increasing Adoption of Machine-to-Machine Communication
4.1.4 Initiatives Undertaken by Governments of Different Countries to Promote Adoption of Industrial Automation
4.2 Restraints
4.2.1 Absence of Standardization in Industrial Communication Protocols and Interfaces
4.3 Opportunities
4.3.1 5G Would Offer Lucrative Opportunity for Growth of Industrial Iot
4.3.2 Upsurge in Demand for Wireless Networks
4.4 Challenges
4.4.1 Threats Related to Cybersecurity
4.4.2 Harsh Field Site Conditions Such as High-Voltage Transients, Severe Shocks, Vibrations, and Extremely High Temperatures
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 US' Industrial Communication Market, By Components
6.1 Introduction
6.2 Hardware
6.2.1 Switches
6.2.2 Gateways
6.2.3 Routers and WAP
6.2.4 Communication Interfaces And Converters
6.2.5 Power Supply Devices
6.2.6 Others
6.3 Software
6.4 Services
7 US' Industrial Communication Market, By Communication Protocol
7.1 Introduction
7.2 Fieldbus
7.2.1 Profibus
7.2.2 Modbus
7.2.3 CC-Link
7.2.4 DeviceNet
7.2.5 CaNopen
7.2.6 Others
7.3 Industrial Ethernet
7.3.1 Profinet
7.3.2 Ethernet/IP
7.3.3 EtherCAT
7.3.4 MODBUS-TCP
7.3.5 Powerlink
7.3.6 SERCOS III
7.3.7 CC-Link IE
7.4 Wireless
7.4.1 WLAN
7.4.2 ISA100.11A
7.4.3 Cellular
7.4.4 Zigbee
7.4.5 WHART
7.4.6 Others
8 US' Industrial Communication Market, By End-Use
8.1 Introduction
8.2 Automotive
8.3 Electrical & Electronics
8.4 Aerospace & Defense
8.5 Oil & Gas
8.6 Chemicals & Fertilizers
8.7 Food & Beverages
8.8 Pharmaceuticals & Medical Devices
8.9 Energy & Power
8.10 Mining & Metals
8.11 Engineering/Fabrication
8.12 Water & Wastewater
8.13 Others
9 Competitive Landscape
9.1 Competitive Quadrant
9.2 Market Share Analysis
9.3 Strategic Initiatives
9.3.1 M&A and Investments
9.3.2 Partnerships and Collaborations
9.3.3 Product Developments and Improvements
10 Company Profiles
10.1 AAEON Technology Inc
10.2 ABB Ltd
10.3 ACS Motion Control Ltd
10.4 Advanced Motion Control
10.5 Advantech Co. Ltd
10.6 Beckhoff Automation GmbH & Co. KG
10.7 Belden Inc
10.8 Bosch Rexroth AG
10.9 Cisco Systems Inc
10.10 Emerson Electric Co.
10.11 Endress+Hauser Group Services AG
10.12 FANUC
10.13 General Electric Company Hans Turck GmbH & Co. KG
10.14 HMS Networks AB
10.15 Honeywell International Inc
10.16 Huawei Technologies Co. Ltd
10.17 Ifm Electronic GmbH
10.18 Infineon Technologies AG
10.19 Mitsubishi Electric Corp
10.20 Moxa Inc
10.21 National Instruments Corp
10.22 Omron Corp
10.23 Rockwell Automation Inc
10.24 Schneider Electric SE
10.25 Sick AG
10.26 Siemans AG
10.27 TE Connectivity
10.28 Telefonaktiebolaget LM Ericsson
10.29 Texas Instruments Inc
11 Appendix
11.1 Questionnaire
Note: Product cover images may vary from those shown
  • AAEON Technology Inc
  • ABB Ltd
  • ACS Motion Control Ltd
  • Advanced Motion Control
  • Advantech Co. Ltd
  • Beckhoff Automation GmbH & Co. KG
  • Belden Inc
  • Bosch Rexroth AG
  • Cisco Systems Inc
  • Emerson Electric Co.
  • Endress+Hauser Group Services AG
  • FANUC
  • General Electric Company Hans Turck GmbH & Co. KG
  • HMS Networks AB
  • Honeywell International Inc
  • Huawei Technologies Co. Ltd
  • Ifm Electronic GmbH
  • Infineon Technologies AG
  • Mitsubishi Electric Corp
  • Moxa Inc
  • National Instruments Corp
  • Omron Corp
  • Rockwell Automation Inc
  • Schneider Electric SE
  • Sick AG
  • Siemans AG
  • TE Connectivity
  • Telefonaktiebolaget LM Ericsson
  • Texas Instruments Inc
Note: Product cover images may vary from those shown

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