Market Overview

Industrial Communication in the Global Automotive Industry (2018-2022) - Leading the Competition are ABB, Belden, Cisco, Rockwell Automation, Schneider Electric, and Siemens - ResearchAndMarkets.com

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The "Global
Industrial Communication Market in the Automotive Industry 2018-2022"

report has been added to ResearchAndMarkets.com's
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The global industrial communication market is expected to grow at a CAGR
of 6.74% for automotive industry during the period 2018-2022.

The virtualization of automation control systems such as SCADA, PLC, MES
and DCS has helped in decoupling physical hardware from operating system
and ensured smoother plant operations. The operational efficiency of the
automotive industry will also increase by integrating multiple
operations on a single server with the help of virtualization.

Though the adoption of virtualization was low in 2017, by simplifying
communication processes and increasing automation in automotive
production operations, this key trend will drive growth of the
industrial communications market for the next five years.

According to the report, one of the major drivers for this market is the
growing importance of real time data analysis in automotive
manufacturing processes. The huge amount of data collected by automation
systems are transferred from the machines to the plant operators in real
time which enable them to take prompt action in case of operational
failure or machine breakdown.

The growing need to connect a wide range of machines over a large
landscape, for data collection and analysis will drive the demand for
real time analytics which in turn will fuel growth of industrial
communication market in the automotive industry.

Further, the report states that one of the major factors hindering the
growth of this market is the growing threat to data security.

Market Trends

  • Virtualization in Industrial Automation
  • Emergence of Smart Factories
  • Growing Advances in Communication Technology

Key Vendors

  • ABB
  • Belden
  • Cisco
  • Rockwell Automation
  • Schneider Electric
  • Siemens

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Protocol

8. Customer Landscape

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/k5x7cf/industrial?w=4

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