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Industrial Wireline Networking Market Share

Report ID: GMI11881
Published Date: Oct 2024
Report Format: PDF

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Industrial Wireline Networking Market Share

Industrial Wireline Networking Company Market Share, 2023

Siemens, Cisco, and Schneider Electric collectively held a substantial market share of over 15% in the industrial wireline networking industry in 2023. Siemens' SCALANCE line includes industrial Ethernet switches, routers, and wireless devices, enabling robust, real-time communication in demanding industrial environments. These products support both process and discrete automation sectors. Siemens integrates its SIMATIC automation products with industrial networks, ensuring seamless communication among PLCs, DCS systems, and field devices. This integration is essential for manufacturing plants aiming for comprehensive automation and digitalization.

Cisco offers rugged, secure Ethernet switches and routers designed for industrial settings. The Cisco Industrial Ethernet (IE) series supports the high-speed, low-latency communication required for automation and industrial control. Cisco's IoT platform integrates wireline networking, providing secure, scalable, and manageable industrial networks.

Schneider Electric's EcoStruxure is an IoT-enabled architecture that integrates energy management, automation, and control systems with industrial networking. Its Industrial Ethernet supports communication from field devices to control systems and cloud applications. Schneider Electric integrates its Modicon PLCs with industrial Ethernet networks, ensuring real-time communication between machines and control systems. This integration enhances connectivity and efficiency in automation for plant operators.

Industrial Wireline Networking Market Companies

Major players operating in the market are:

ABB
Belden
Cisco
Emerson
Hitachi Energy
Honeywell
Huawei
Rockwell Automation
Schneider Electric
Siemens

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The global market size for industrial wireline networking was valued at USD 6.5 billion in 2023 and is projected to reach USD 11.9 billion by 2032, driven by a CAGR of 7.1% from 2024 to 2032.

The ethernet segment accounted for over 60% of the market share in 2023 and is expected to exceed USD 7.5 billion by 2032, driven by the increasing demand for higher data throughput in industrial networks.

The U.S. market accounted for over 75% of the North American industrial wireline networking industry in 2023, driven by the integration of 5G technology into industrial wireline networks.

Major players in the market include ABB, Belden, Cisco, Emerson, Hitachi Energy, Honeywell, Huawei, Rockwell Automation, Schneider Electric, and Siemens, driven by the proliferation of connected devices and sensors in industrial environments.