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Industrial Communication - Company Evaluation Report, 2025

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    Report

  • 187 Pages
  • August 2025
  • Region: Global
  • Markets and Markets
  • ID: 6163823
The Industrial Communication Companies Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Industrial Communication. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. The analyst's '360 Quadrants' evaluated over 100 companies, of which the Top 25 Industrial Communication Companies were categorized and recognized as quadrant leaders.

Industrial communications encompass a range of critical components - including switches, gateways, routers, networking software, and standardized communication protocols - that facilitate man-to-machine and machine-to-machine interactions across diverse industrial environments. These systems are essential for ensuring efficient, reliable, and secure operations, enabling industries to improve productivity and reduce overall operational costs. Industrial communication plays a vital role in sectors such as oil & gas, electronics, automotive, and power generation.

The industrial communication market is poised for strong growth, driven by the rising adoption of machine-to-machine (M2M) communication, the deployment of 5G infrastructure, and the increasing demand for wireless network solutions. As companies pursue greater automation to reduce production costs and enhance product quality, the need for advanced communication technologies continues to grow.

Vendors are also integrating cloud-based technologies into their solutions to meet the evolving needs of digital enterprises, enhancing collaboration among employees, customers, and partners. This report aims to provide a comprehensive overview of the industrial communication landscape, including market sizing, growth forecasts, and an analysis of key enabling technologies, high-potential industries, and emerging geographic markets offering significant opportunities.

The 360 Quadrant maps the Industrial Communication companies based on criteria such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the Industrial Communication quadrant. The top criteria for product footprint evaluation included By OFFERING (Components, Software, Services), By COMMUNICATION PROTOCOL (Fieldbus, Industrial Ethernet, Wireless, IO-Link), and By INDUSTRY (Automotive, Electrical & Electronics, Aerospace & Defense, Oil & Gas, Chemicals & Fertilizers, Food & Beverages, Pharmaceuticals & Medical Devices, Energy & Power, Metals & Mining, Engineering & Fabrication, Water & Wastewater Management, Other Industries).

Key Players

Key players in the Industrial Communication market include major global corporations and specialized innovators such as Cisco Systems, Inc., Siemens, Rockwell Automation, Omron Corporation, Huawei Technologies Co., Ltd., Moxa Inc., Sick Ag, Schneider Electric, Abb, Belden Inc, Ge Grid Solutions, Llc, Advantech Co., Ltd., Ifm Electronic Gmbh, Fanuc Corporation, Bosch Rexroth Ag, Aaeon Technology Inc., Hms Networks, Honeywell International Inc., Mitsubishi Electric Corporation, Telefonaktiebolaget Lm Ericsson, Hans Turck Gmbh & Co. Kg, Acs Motion Control, Eaton, Beckhoff Automation, and Hitachi, Ltd. These companies are actively investing in research and development, forming strategic partnerships, and engaging in collaborative initiatives to drive innovation, expand their global footprint, and maintain a competitive edge in this rapidly evolving market.

Top 3 Companies

Cisco Systems, Inc.

Cisco Systems Inc. stands as a prominent leader in industrial communication, distinguished by its vast product portfolio and strategic alliances. The company integrates cloud technology in its enterprise communication solutions, enhancing scalability and operational efficiency. With a strong commitment to research and development, Cisco is at the forefront of technological innovation, allowing it to anticipate and adapt to market trends swiftly. Its growth strategy relies heavily on partnerships and collaborations, such as its 2024 partnership with NTT DATA, which aims to revolutionize wireless connectivity for global enterprises. This strategy not only broadens Cisco's market reach but also strengthens its product distribution channels.

Siemens

Siemens is renowned for its continuous innovation driven by significant research and development investments. The company offers advanced industrial communication solutions that integrate managed cloud services, known for their superior performance and scalability. Siemens has made substantial advancements in private 5G infrastructure, allowing manufacturers to extend coverage effectively across larger industrial areas. Its strategic initiatives, such as the partnership with Accenture, aim to transform manufacturing practices by forming a dedicated business group that leverages extensive expertise in both manufacturing and IT.

Huawei Technologies Co., Ltd.

Huawei's strengths in industrial communication are rooted in its wireless networking and 5G capabilities. The company’s portfolio encompasses industrial switches, routers, and 5G-based solutions designed for high-bandwidth, low-latency environments. Huawei invests over 20% of its revenue into R&D, fostering rapid innovation and adapting its offerings to new industry needs. A focus on building secure and intelligent network infrastructures supports industries undergoing digital transformation. Huawei's Enterprise Network Integration Service 5.2 exemplifies its dedication to creating efficient and resilient intelligent networks with AI-driven solutions.

Table of Contents

1 Introduction
1.1 Market Definition
1.2 Stakeholders
2 Executive Summary
3 Market Overview
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.1.1 Surging Adoption of Industry 4.0
3.2.1.2 Convergence of Industrial AI and Digital Twin Technologies
3.2.1.3 Deployment of Smart Grid Technologies in Energy Sector
3.2.1.4 Rising Preference for Machine-To-Machine Communication to Optimize Industrial Efficiency and Automation
3.2.1.5 Implementation of Incentive Programs to Integrate plcs and Scada into Manufacturing Sectors
3.2.1.6 Deployment of 5G Technology in Automotive, Construction, and Manufacturing Sectors
3.2.2 Restraints
3.2.2.1 Lack of Standardization in Industrial Communication Protocols and Interfaces
3.2.3 Opportunities
3.2.3.1 Enhanced Smart Manufacturing and Digital Transformation with Evolution of 5G Technology
3.2.3.2 Accelerating Adoption of Wireless Networks Across Industrial Sectors
3.2.4 Challenges
3.2.4.1 Vulnerability to Targeted Malware, Ransomware, and Hacking Attempts
3.2.4.2 Challenges Associated with Exposure of Equipment to Harsh Conditions
3.3 Value Chain Analysis
3.4 Porter's Five Forces Analysis
3.4.1 Threat of New Entrants
3.4.2 Threat of Substitutes
3.4.3 Bargaining Power of Buyers
3.4.4 Bargaining Power of Suppliers
3.4.5 Intensity of Competitive Rivalry
3.5 Patent Analysis
3.6 Technology Analysis
3.6.1 Key Technologies
3.6.1.1 Time-Sensitive Networking
3.6.1.2 Open Platform Communication Unified Architecture
3.6.2 Complementary Technologies
3.6.2.1 Power Over Ethernet
3.6.3 Adjacent Technologies
3.6.3.1 Industrial Internet of Things (IIoT)
3.6.3.2 Edge Computing
3.6.3.3 Digital Twin
3.7 Trends/Disruptions Impacting Customer Business
3.8 Ecosystem Analysis
3.9 Key Conferences and Events, 2025-2026
3.10 Impact of AI/Gen AI on Industrial Communication Market
4 Competitive Landscape
4.1 Overview
4.2 Key Player Strategies/Right to Win, 2021-2025
4.3 Market Share Analysis, 2024
4.4 Revenue Analysis, 2020-2024
4.5 Company Valuation and Financial Metrics
4.6 Technology Comparison
4.7 Company Evaluation Matrix: Key Players, 2024
4.7.1 Stars
4.7.2 Emerging Leaders
4.7.3 Pervasive Players
4.7.4 Participants
4.7.5 Company Footprint: Key Players, 2024
4.7.5.1 Company Footprint
4.7.5.2 Region Footprint
4.7.5.3 Communication Protocol Footprint
4.7.5.4 Offering Footprint
4.7.5.5 Industry Footprint
4.8 Company Evaluation Matrix: Startups/SMEs, 2024
4.8.1 Progressive Companies
4.8.2 Responsive Companies
4.8.3 Dynamic Companies
4.8.4 Starting Blocks
4.8.5 Competitive Benchmarking: Startups/SMEs, 2024
4.8.5.1 Detailed List of Key Startups/SMEs
4.8.5.2 Competitive Benchmarking of Key Startups/SMEs
4.9 Competitive Scenario
4.9.1 Product Launches/Developments
4.9.2 Deals
4.9.3 Expansions
4.9.4 Other Developments
5 Company Profiles
5.1 Introduction
5.2 Key Players
5.2.1 Cisco Systems, Inc.
5.2.1.1 Business Overview
5.2.1.2 Products/Services/Solutions Offered
5.2.1.3 Recent Developments
5.2.1.3.1 Product Launches/Developments
5.2.1.3.2 Deals
5.2.1.4 Analyst's View
5.2.1.4.1 Key Strengths/Right to Win
5.2.1.4.2 Strategic Choices
5.2.1.4.3 Weaknesses/Competitive Threats
5.2.2 Siemens
5.2.2.1 Business Overview
5.2.2.2 Products/Services/Solutions Offered
5.2.2.3 Recent Developments
5.2.2.3.1 Product Launches/Developments
5.2.2.3.2 Deals
5.2.2.4 Analyst's View
5.2.2.4.1 Key Strengths/Right to Win
5.2.2.4.2 Strategic Choices
5.2.2.4.3 Weaknesses/Competitive Threats
5.2.3 Rockwell Automation
5.2.3.1 Business Overview
5.2.3.2 Products/Services/Solutions Offered
5.2.3.3 Recent Developments
5.2.3.3.1 Product Launches/Developments
5.2.3.3.2 Deals
5.2.3.3.3 Expansions
5.2.3.3.4 Other Developments
5.2.3.4 Analyst's View
5.2.3.4.1 Key Strengths/Right to Win
5.2.3.4.2 Strategic Choices
5.2.3.4.3 Weaknesses/Competitive Threats
5.2.4 Omron Corporation
5.2.4.1 Business Overview
5.2.4.2 Products/Services/Solutions Offered
5.2.4.3 Recent Developments
5.2.4.3.1 Product Launches/Developments
5.2.4.3.2 Deals
5.2.4.4 Analyst's View
5.2.4.4.1 Key Strengths/Right to Win
5.2.4.4.2 Strategic Choices
5.2.4.4.3 Weaknesses/Competitive Threats
5.2.5 Huawei Technologies Co. Ltd.
5.2.5.1 Business Overview
5.2.5.2 Products/Services/Solutions Offered
5.2.5.3 Recent Developments
5.2.5.3.1 Product Launches/Developments
5.2.5.3.2 Deals
5.2.5.3.3 Other Developments
5.2.5.4 Analyst's View
5.2.5.4.1 Key Strengths/Right to Win
5.2.5.4.2 Strategic Choices
5.2.5.4.3 Weaknesses/Competitive Threats
5.2.6 Moxa Inc.
5.2.6.1 Business Overview
5.2.6.2 Products/Services/Solutions Offered
5.2.6.3 Recent Developments
5.2.6.3.1 Product Launches/Developments
5.2.6.3.2 Deals
5.2.6.3.3 Other Developments
5.2.7 Sick AG
5.2.7.1 Business Overview
5.2.7.2 Products/Services/Solutions Offered
5.2.7.3 Recent Developments
5.2.7.3.1 Product Launches/Developments
5.2.7.3.2 Deals
5.2.7.3.3 Expansions
5.2.8 Schneider Electric
5.2.8.1 Business Overview
5.2.8.2 Product/Services/Solutions Offered
5.2.8.3 Recent Developments
5.2.8.3.1 Product Launches/Developments
5.2.8.3.2 Deals
5.2.8.3.3 Expansions
5.2.9 ABB
5.2.9.1 Business Overview
5.2.9.2 Products/Services/Solutions Offered
5.2.9.3 Recent Developments
5.2.9.3.1 Product Launches/Developments
5.2.9.3.2 Deals
5.2.9.3.3 Expansions
5.2.9.3.4 Other Developments
5.2.10 Belden Inc.
5.2.10.1 Business Overview
5.2.10.2 Products/Services/Solutions Offered
5.2.10.3 Recent Developments
5.2.10.3.1 Product Launches/Developments
5.2.10.3.2 Deals
5.2.10.3.3 Expansions
5.3 Other Players
5.3.1 GE Grid Solutions, LLC
5.3.2 Advantech Co. Ltd.
5.3.3 Ifm Electronic GmbH
5.3.4 Fanuc Corporation
5.3.5 Bosch Rexroth AG
5.3.6 Aaeon Technology Inc.
5.3.7 Hms Networks
5.3.8 Honeywell International Inc.
5.3.9 Mitsubishi Electric Corporation
5.3.10 Telefonaktiebolaget Lm Ericsson
5.3.11 Hans Turck GmbH & Co. KG
5.3.12 Acs Motion Control
5.3.13 Eaton
5.3.14 Beckhoff Automation
5.3.15 Hitachi, Ltd.
6 Appendix
6.1 Research Methodology
6.1.1 Research Data
6.1.1.1 Secondary Data
6.1.1.2 Primary Data
6.1.2 Research Assumptions
6.1.3 Research Limitations
6.1.4 Risk Analysis
6.2 Company Evaluation Matrix: Methodology
List of Tables
Table 1 Porter's Five Forces Analysis
Table 2 List of Key Patents, 2022-2024
Table 3 List of Key Conferences and Events, 2025-2026
Table 4 Industrial Communication Market: Overview of Strategies Adopted by Key Players, January 2021-April 2025
Table 5 Industrial Communication Market: Degree of Competition, 2024
Table 6 Industrial Communication Market: Region Footprint
Table 7 Industrial Communication Market: Communication Protocol Footprint
Table 8 Industrial Communication Market: Offering Footprint
Table 9 Industrial Communication Market: Industry Footprint
Table 10 Industrial Communication Market: Detailed List of Key Startups/SMEs
Table 11 Industrial Communication Market: Competitive Benchmarking of Startups/SMEs
Table 12 Industrial Communication Market: Product Launches/Developments, January 2021-April 2025
Table 13 Industrial Communication Market: Deals, January 2021-April 2025
Table 14 Industrial Communication Market: Expansions, January 2021-April 2025
Table 15 Industrial Communication Market: Other Developments, January 2021-April 2025
Table 16 Cisco Systems, Inc.: Company Overview
Table 17 Cisco Systems, Inc.: Products/Services/Solutions Offered
Table 18 Cisco Systems, Inc.: Product Launches/Developments
Table 19 Cisco Systems, Inc.: Deals
Table 20 Siemens: Company Overview
Table 21 Siemens: Products/Services/Solutions Offered
Table 22 Siemens: Product Launches/Developments
Table 23 Siemens: Deals
Table 24 Rockwell Automation: Company Overview
Table 25 Rockwell Automation: Products/Services/Solutions Offered
Table 26 Rockwell Automation: Product Launches/Developments
Table 27 Rockwell Automation: Deals
Table 28 Rockwell Automation: Expansions
Table 29 Rockwell Automation: Other Developments
Table 30 Omron Corporation: Company Overview
Table 31 Omron Corporation: Products/Services/Solutions Offered
Table 32 Omron Corporation: Product Launches/Developments
Table 33 Omron Corporation: Deals
Table 34 Huawei Technologies Co. Ltd.: Company Overview
Table 35 Huawei Technologies Co. Ltd.: Products/Services/Solutions Offered
Table 36 Huawei Technologies Co. Ltd.: Product Launches/Developments
Table 37 Huawei Technologies Co. Ltd.: Deals
Table 38 Huawei Technologies Co. Ltd.: Other Developments
Table 39 Moxa Inc.: Company Overview
Table 40 Moxa Inc.: Products/Services/Solutions Offered
Table 41 Moxa Inc.: Product Launches/Developments
Table 42 Moxa Inc.: Deals
Table 43 Moxa Inc.: Other Developments
Table 44 Sick AG: Company Overview
Table 45 Sick AG: Products/Services/Solutions Offered
Table 46 Sick AG: Product Launches/Developments
Table 47 Sick AG: Deals
Table 48 Sick AG: Expansions
Table 49 Schneider Electric: Company Overview
Table 50 Schneider Electric: Products/Services/Solutions Offered
Table 51 Schneider Electric: Product Launches/Developments
Table 52 Schneider Electric: Deals
Table 53 Schneider Electric: Expansions
Table 54 ABB: Company Overview
Table 55 ABB: Products/Services/Solutions Offered
Table 56 ABB: Product Launches/Developments
Table 57 ABB: Deals
Table 58 ABB: Expansions
Table 59 ABB: Other Developments
Table 60 Belden Inc.: Company Overview
Table 61 Belden Inc.: Products/Services/Solutions Offered
Table 62 Belden Inc.: Product Launches/Developments
Table 63 Belden Inc.: Deals
Table 64 Belden Inc.: Expansions
Table 65 Key Data from Primary Sources
Table 66 Industrial Communication Market: Risk Analysis
List of Figures
Figure 1 Industrial Communication Market Size, 2021-2030
Figure 2 Pharmaceuticals & Medical Devices Segment to Exhibit Highest CAGR Between 2025 and 2030
Figure 3 Industrial Ethernet Segment to Dominate Industrial Communication Market During Forecast Period
Figure 4 Components Segment to Hold Largest Share of Industrial Communication Market in 2025
Figure 5 Asia-Pacific to Record Highest CAGR in Industrial Communication Market from 2025 to 2030
Figure 6 Drivers, Restraints, Opportunities, and Challenges
Figure 7 Impact Analysis of Drivers
Figure 8 Annual Installation of Industrial Robots, by Industry, 2023
Figure 9 Impact Analysis of Restraints
Figure 10 Impact Analysis of Opportunities
Figure 11 Impact Analysis of Challenges
Figure 12 Value Chain Analysis
Figure 13 Porter's Five Forces Analysis
Figure 14 Patents Applied and Granted, 2015-2024
Figure 15 Trends/Disruptions Impacting Customer Business
Figure 16 Industrial Communication Ecosystem
Figure 17 Impact of AI/Gen AI on Industrial Communication Market
Figure 18 Market Share Analysis of Companies Offering Industrial Communication Solutions, 2024
Figure 19 Industrial Communication Market: Revenue Analysis of Top Five Players, 2020-2024
Figure 20 Company Valuation
Figure 21 Financial Metrics
Figure 22 Technology Comparison
Figure 23 Industrial Communication Market: Company Evaluation Matrix (Key Players), 2024
Figure 24 Industrial Communication Market: Company Footprint
Figure 25 Industrial Communication Market: Company Evaluation Matrix (Startups/SMEs), 2024
Figure 26 Cisco Systems, Inc.: Company Snapshot
Figure 27 Siemens: Company Snapshot
Figure 28 Rockwell Automation: Company Snapshot
Figure 29 Omron Corporation: Company Snapshot
Figure 30 Huawei Technologies Co. Ltd.: Company Snapshot
Figure 31 Sick AG: Company Snapshot
Figure 32 Schneider Electric: Company Snapshot
Figure 33 ABB: Company Snapshot
Figure 34 Belden Inc.: Company Snapshot
Figure 35 Industrial Communication Market: Research Design
Figure 36 Industrial Communication Market: Research Assumptions
Figure 37 Industrial Communication Market: Research Limitations

Companies Mentioned

  • Cisco Systems, Inc.
  • Siemens
  • Rockwell Automation
  • Omron Corporation
  • Huawei Technologies Co. Ltd.
  • Moxa Inc.
  • Sick AG
  • Schneider Electric
  • ABB
  • Belden Inc.
  • GE Grid Solutions, LLC
  • Advantech Co. Ltd.
  • Ifm Electronic GmbH
  • Fanuc Corporation
  • Bosch Rexroth AG
  • Aaeon Technology Inc.
  • Hms Networks
  • Honeywell International Inc.
  • Mitsubishi Electric Corporation
  • Telefonaktiebolaget Lm Ericsson
  • Hans Turck GmbH & Co. KG
  • Acs Motion Control
  • Eaton
  • Beckhoff Automation
  • Hitachi, Ltd.