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Industrial Communication Market Share

Report ID: GMI3367
Published Date: Aug 2024
Report Format: PDF

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Industrial Communication Market Share

ABB Ltd., Siemens, and Rockwell Automation are key players in industrial communication, offering advanced automation solutions and robust communication technologies. ABB and Siemens lead with comprehensive portfolios in smart manufacturing and IoT integration, while Rockwell Automation excels in control systems and network infrastructure. Schneider Electric and Cisco Systems Inc. provide critical cybersecurity measures and scalable communication solutions, enhancing system reliability and security. Advantech Co. Ltd. and Omron Corporation focus on innovative industrial hardware and software, driving efficiency and connectivity in manufacturing processes.

Together, these companies represent a diverse spectrum of expertise in industrial communication. Their collective innovations in automation, cybersecurity, and IoT integration drive advancements across industries, enabling smarter, more efficient operations. Their global reach and commitment to technological advancement solidify their roles as leaders in shaping the future of industrial communication.

Industrial Communication Market Companies

Major players operating in the industrial communication industry are:

ABB Ltd.
Cisco Systems Inc.
Siemens
Rockwell Automation
Schneider Electric
Advantech Co. Ltd.
Omron Corporation.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

Global industry size for industrial communication was valued at USD 137.97 billion in 2023 and will record over 6.8% CAGR between 2024 and 2032, driven by spurring automation and demand for efficient communication solutions.

The ethernet segment of industrial communication market accounted for over 49% share in 2023, due to its high-speed data transfer, scalability, and reliability.

Europe market held a 35% revenue share in 2023 fueled by strong focus on advanced manufacturing, automation, and Industry 4.0 technologies.

ABB Ltd., Cisco Systems Inc., Siemens, Rockwell Automation, Schneider Electric, Advantech Co. Ltd., and Omron Corporation.