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PROFIBUS (Process Field Bus) is a standard for fieldbus communication in automation technology. The history of PROFIBUS goes back to a publicly promoted plan for an association which started in Germany in 1986 and for which 21 companies and institutes devised a master project plan called "fieldbus". The goal was to implement and spread the use of a bit-serial field bus based on the basic requirements of the field device interfaces.
According to our (Global Info Research) latest study, the global Industrial PROFIBUS market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
There are two variations of PROFIBUS in use today; the most commonly used PROFIBUS DP, and the lesser used, application specific, PROFIBUS PA: PROFIBUS DP (Decentralised Peripherals) is used to operate sensors and actuators via a centralised controller in production (factory) automation applications. The many standard diagnostic options, in particular, are focused on here. PROFIBUS PA (Process Automation) is used to monitor measuring equipment via a process control system in process automation applications. This variant is designed for use in explosion/hazardous areas (Ex-zone 0 and 1). The Physical Layer (i.e. the cable) conforms to IEC 61158-2, which allows power to be delivered over the bus to field instruments, while limiting current flows so that explosive conditions are not created, even if a malfunction occurs.
This report is a detailed and comprehensive analysis for global Industrial PROFIBUS market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Industrial PROFIBUS market size and forecasts, in consumption value ($ Million), 2018-2029
Global Industrial PROFIBUS market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global Industrial PROFIBUS market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
Global Industrial PROFIBUS market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Industrial PROFIBUS
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Industrial PROFIBUS market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Emerson Electric, Rockwell Automation, Siemens and Texas Instruments. etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
Industrial PROFIBUS market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- PROFIBUS-PA
- PROFIBUS-DP
Market segment by Application
- Power Industry
- Oil and Gas Industry
- Automotive Industry
- Factory Automation
- Others
Market segment by players, this report covers
- ABB
- Emerson Electric
- Rockwell Automation
- Siemens
- Texas Instruments
Market segment by regions, regional analysis covers
- North America (United States, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
- South America (Brazil, Argentina and Rest of South America)
- Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Industrial PROFIBUS product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Industrial PROFIBUS, with revenue, gross margin and global market share of Industrial PROFIBUS from 2018 to 2023.
Chapter 3, the Industrial PROFIBUS competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Industrial PROFIBUS market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Industrial PROFIBUS.
Chapter 13, to describe Industrial PROFIBUS research findings and conclusion.