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Industrial Wireline Networking Market Trends

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

Industrial Wireline Networking Market Trends

Time Sensitive Networking (TSN), a set of IEEE 802.1 standards, is revolutionizing ethernet for time-sensitive applications. Its ability to ensure deterministic, low-latency communication is driving its adoption in industrial networks. TSN enables precise synchronization and scheduling of network traffic, ensuring timely delivery of critical control data even in congested environments. This is crucial for applications such as motion control, robotics, and process automation. Additionally, TSN is facilitating the integration of operational technology (OT) and information technology (IT) networks, enhancing the flexibility and efficiency of industrial systems.
 

For instance, in October 2024, AsiaInfo and Intel launched the "AsiaInfo 5GC TSN Solution Based on Intel Technology." This solution enhances 5G private network performance, meeting the reliability and determinism needs of core industrial control sectors. Utilizing Intel's versatile hardware architecture, it advances the 5G core network and integrates Time-Sensitive Networking (TSN) capabilities for industrial-grade applications.
 

As industrial operations grow, wireline networks must scale and adapt to meet evolving demands. This requires careful network design, capacity planning, and management. Ensuring the network can handle more devices and data without compromising performance or reliability is crucial. The network must also support new technologies and applications. Balancing scalability with cost, power consumption, and space constraints adds complexity. Industrial network designers and administrators must implement solutions that allow for modular growth and easy reconfiguration while maintaining network integrity and performance.

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.

Industrial Wireline Networking Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 200
  • Countries covered: 22
  • Pages: 180
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