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As the world continues to deal with COVID-19, economies are moving into recession, many government announced a plan on reopening the national economy, but many countries are still at the stage of rising.
On a more positive note, we are already seeing signs of recovery as the COVID-19 risk is declining in China. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Industrial Ethernet market in this environment.
In terms of revenue, this research report indicated that the global Industrial Ethernet market was valued at USD XXX million in 2020, and it is expected to reach a value of USD XXX million by 2027, at a CAGR of XX % over the forecast period 2021-2027. Correspondingly, the forecast analysis of Industrial Ethernet industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The Belden? aims at producing XX Industrial Ethernet in 2020, with XX % production to take place in global market, Siemens? accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2016-2027) of Industrial Ethernet Market by XYZResearch Include
- South America
Competitive Analysis; Who are the Major Players in Industrial Ethernet Market?
- Phoenix Contact
- Red Lion Controls
- Schneider Electric
- Rockwell Automation
- WAGO Corporation
Major Type of Industrial Ethernet Covered in XYZResearch report:
- Modbus TCP/IP
Application Segments Covered in XYZResearch Market
- Electric power
- Oil & Gas
For any other requirements, please feel free to contact us and we will provide you customized report.