産業用通信市場 – 2030年までの世界予測

Industrial Communication Market - Global Forecast To 2030

産業用通信市場 - フィールドバス、産業用イーサネット、ワイヤレス、IO-Link、ルーターとWAP、スイッチ、ゲートウェイ、通信インターフェースとコンバーター、コントローラーとコネクター、電源装置 - 2030年までの世界予測
Industrial Communication Market by Fieldbus, Industrial Ethernet, Wireless, IO-Link, Router & WAP, Switch, Gateway, Communication Interface & Converter, Controller & Connector and Power Supply Device - Global Forecast to 2030

商品番号 : SMB-17133

出版社MarketsandMarkets
出版年月2025年5月
ページ数363
図表数302
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本調査レポートは、産業用通信市場を、提供内容(コンポーネント、ソフトウェア、サービス)、通信プロトコル(フィールドバス、産業用イーサネット、ワイヤレス、IO-link)、業界(自動車、電気・電子、航空宇宙・防衛、石油・ガス、化学薬品・肥料、食品・飲料、医薬品・医療機器、エネルギー・電力、金属・鉱業、エンジニアリング・製造、水・廃水処理、その他産業(製紙・パルプ、ガラス、セメント)、地域(北米、アジア太平洋、欧州、その他の地域)に基づいて分類しています。本レポートでは、産業用通信市場の主要な推進要因、制約、課題、機会を解説し、2030年までの市場予測を示しています。さらに、産業用通信エコシステムに含まれるすべての企業のリーダーシップマッピングと分析も含まれています。

The global industrial communication market is anticipated to grow from USD 20.45 billion in 2025 to USD 26.06 billion by 2030 at a CAGR of 5.0% between 2025 and 2030. This growth is driven by the increasing financial incentives to integrate SCADA and PLCs in manufacturing sectors, the integration of smart grid technologies in the energy sector, the convergence of digital twin technology and industrial AI, and the rising demand for machine-to-machine communication to optimize industrial efficiency and automation technologies.

世界の産業用通信市場は、2025年の204億5,000万米ドルから2030年には260億6,000万米ドルに拡大し、2025年から2030年にかけて5.0%のCAGRで成長すると予想されています。この成長は、製造業におけるSCADAとPLCの統合に対する金銭的インセンティブの増加、エネルギー分野におけるスマートグリッド技術の統合、デジタルツイン技術と産業用AIの融合、産業効率と自動化技術を最適化するためのマシンツーマシン通信の需要の高まりによって推進されています。

産業用通信市場 - 2030年までの世界予測
industrial-communication-market

“PROFINET segment is expected to dominate the market for industrial Ethernet during the forecast period.”

The PROFINET segment is likely to dominate the industrial Ethernet market between 2025 and 2030 due to its high scalability, real-time performance, and widespread support by top automation suppliers, particularly in Europe. Designed to handle standard and time-critical industrial applications, this technology delivers seamless integration with current installations, making it ideal for numerous disparate industrial environments, ranging from factory automation to process control. Its support for high-speed data exchange, deterministic communications, and open network topologies makes it competitive against other protocols. Moreover, its acceptance across the board by industry leaders and compatibility with a vast array of devices further confirm its status as the go-to industrial Ethernet option.

”WLAN segment is projected to witness the highest CAGR in the wireless industrial communication market from 2025 to 2030.”

The WLAN segment is likely to grow at the fastest rate in the wireless industrial communication market, driven by the growing demand for wireless, flexible, and scalable connections in smart manufacturing. As businesses use distributed wireless devices, automated guided vehicles (AGVs), and remote monitoring systems, WLAN makes wireless communication possible without the confines of wired infrastructure. Its ability to support real-time data sharing, speedy deployment, and high device density makes it ideal for dynamic, space-limited industrial settings. The use of private wireless networks and Wi-Fi 6 enhances performance, reliability, and security, which is driving WLAN use in a wide range of industrial use cases.

産業用通信市場 - 2030年までの世界予測 region
industrial-communication-market-region

“India is expected to exhibit the highest CAGR in the global industrial communication market during forecast period.”

India is poised to record the highest CAGR in the global industrial communication market during the forecast period owing to the accelerating industrialization, robust government drives such as Make in India and Digital India, and increasing automation adoption in industry verticals, such as manufacturing, energy, and transportation. The expanding industry base, investments in smart factories, and the increasing demand for secure communications infrastructure to enable IIoT and Industry 4.0 are key growth drivers. In addition, favorable policies, advancements in digital infrastructure, and the emergence of regional technology vendors boost the adoption of industrial communication solutions in the region.

Extensive primary interviews were conducted with key industry experts in the industrial communication market space to determine and verify the market size for various segments and subsegments gathered through secondary research. The breakdown of primary participants for the report has been shown below:  The study contains insights from various industry experts, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

  • By Company Type: Tier 1 – 30%, Tier 2 – 50%, and Tier 3 – 20%
  • By Designation: C-level Executives – 10%, Directors – 30%, and Others – 60%
  • By Region: North America – 25%, Europe – 25%, Asia Pacific – 40%, and RoW – 10%

Cisco Systems, Inc. (US), Siemens (Germany), OMRON Corporation (Japan), Huawei Technologies Co., Ltd. (China), Rockwell Automation (US), Moxa Inc. (Taiwan), Belden Inc. (US), and ABB (Switzerland) are some key players in the industrial communication market.

産業用通信市場 - 2030年までの世界予測 eocosystem
industrial-communication-market-ecosystem

Research Coverage: This research report categorizes the industrial communication market based on offering (components, software, services), communication protocol (fieldbus, industrial Ethernet, wireless, IO-link), industry [automotive, electrical & electronics, aerospace & defense, oil & gas, chemicals & fertilizers, food & beverages, pharmaceuticals & medical devices, energy & power, metals & mining, engineering & fabrication, water & wastewater management, and other industries (paper & pulp, glass, cement)], and region (North America, Asia Pacific, Europe, and RoW). The report describes the major drivers, restraints, challenges, and opportunities pertaining to the industrial communication market and forecasts the same till 2030. Apart from this, the report also consists of leadership mapping and analysis of all the companies included in the industrial communication ecosystem.

Key Benefits of Buying the Report: The report will help the market leaders/new entrants in this market by providing information on the closest approximations of the revenue numbers for the overall industrial communication market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Surging adoption of Industry 4.0; Convergence of industrial AI and digital twin technology; Integration of smart grid technologies in energy sector; Rising preference for machine-to-machine communication to optimize industrial efficiency and automation technologies; Implementation of incentive program to integrate PLCs and SCADA into manufacturing sectors; Deployment of 5G technology in automotive, construction, and manufacturing sectors) restraints (Lack of standardization in industrial communication protocols and interfaces), opportunities (Enhanced smart manufacturing and digital transformation with evolution of 5G technology; Accelerating adoption of wireless networks across industrial sectors), and challenges (Vulnerability to targeted malware, ransomware, and hacking attempts; Challenges associated with exposure of equipment to harsh conditions) influencing the growth of the industrial communication market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the industrial communication market
  • Market Development: Comprehensive information about lucrative markets – the report analyzes the industrial communication market across varied regions
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the industrial communication market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players, such Cisco Systems, Inc. (US), Siemens (Germany), OMRON Corporation (Japan), Huawei Technologies Co., Ltd. (China), Rockwell Automation (US), Moxa Inc. (Taiwan), Belden Inc. (US), and ABB (Switzerland), in the industrial communication market

Table of Contents

1               INTRODUCTION              28

1.1           STUDY OBJECTIVES       28

1.2           MARKET DEFINITION   29

1.3           STUDY SCOPE   29

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      29

1.3.2        INCLUSIONS AND EXCLUSIONS 30

1.3.3        YEARS CONSIDERED      31

1.4           CURRENCY CONSIDERED            31

1.5           UNIT CONSIDERED        31

1.6           LIMITATIONS    31

1.7           STAKEHOLDERS               32

1.8           SUMMARY OF CHANGES               32

2               RESEARCH METHODOLOGY       33

2.1           RESEARCH DATA              33

2.1.1        SECONDARY AND PRIMARY RESEARCH 34

2.1.2        SECONDARY DATA          35

2.1.2.1    List of key secondary sources              35

2.1.2.2    Key data from secondary sources       35

2.1.3        PRIMARY DATA 36

2.1.3.1    List of primary interview participants               36

2.1.3.2    Key industry insights           37

2.1.3.3    Breakdown of primaries      37

2.1.3.4    Key data from primary sources           38

2.2           MARKET SIZE ESTIMATION         39

2.2.1        BOTTOM-UP APPROACH              40

2.2.1.1    Approach to arrive at market size using bottom-up analysis

(demand side)       40

2.2.2        TOP-DOWN APPROACH                41

2.2.2.1    Approach to arrive at market size using top-down analysis

(supply side)         41

2.3           MARKET BREAKDOWN AND DATA TRIANGULATION                 42

2.4           RESEARCH ASSUMPTIONS           43

2.5           RESEARCH LIMITATIONS             43

2.6           RISK ANALYSIS  44

3               EXECUTIVE SUMMARY  45

4               PREMIUM INSIGHTS       49

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN INDUSTRIAL COMMUNICATION MARKET            49

4.2           INDUSTRIAL COMMUNICATION MARKET, BY OFFERING           49

4.3           INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL 50

4.4           INDUSTRIAL COMMUNICATION MARKET, BY INDUSTRY           50

4.5           INDUSTRIAL COMMUNICATION MARKET, BY REGION                 51

5               MARKET OVERVIEW       52

5.1           INTRODUCTION              52

5.2           MARKET DYNAMICS       52

5.2.1        DRIVERS               54

5.2.1.1    Surging adoption of Industry 4.0       54

5.2.1.2    Convergence of industrial AI and digital twin technologies                 55

5.2.1.3    Deployment of smart grid technologies in energy sector                 56

5.2.1.4    Rising preference for machine-to-machine communication to optimize industrial efficiency and automation 57

5.2.1.5    Implementation of incentive programs to integrate PLCs and SCADA into manufacturing sectors  57

5.2.1.6    Deployment of 5G technology in automotive, construction, and manufacturing sectors         58

5.2.2        RESTRAINTS      59

5.2.2.1    Lack of standardization in industrial communication protocols and interfaces        59

5.2.3        OPPORTUNITIES              60

5.2.3.1    Enhanced smart manufacturing and digital transformation with evolution of 5G technology 60

5.2.3.2    Accelerating adoption of wireless networks across industrial sectors    60

5.2.4        CHALLENGES    61

5.2.4.1    Vulnerability to targeted malware, ransomware, and hacking attempts 61

5.2.4.2    Challenges associated with exposure of equipment to harsh conditions              61

5.3           VALUE CHAIN ANALYSIS               62

5.4           PRICING ANALYSIS          64

5.4.1        AVERAGE SELLING PRICE OF INDUSTRIAL COMMUNICATION SOLUTIONS OFFERED BY KEY PLAYERS, BY COMPONENT TYPE, 2024              64

5.4.2        AVERAGE SELLING PRICE TREND OF GATEWAYS AND SWITCHES, BY REGION, 2020–2024             65

5.5           PORTER’S FIVE FORCES ANALYSIS           66

5.5.1        THREAT OF NEW ENTRANTS      68

5.5.2        THREAT OF SUBSTITUTES          68

5.5.3        BARGAINING POWER OF BUYERS             68

5.5.4        BARGAINING POWER OF SUPPLIERS       68

5.5.5        INTENSITY OF COMPETITIVE RIVALRY 69

5.6           KEY STAKEHOLDERS AND BUYING CRITERIA     69

5.6.1        KEY STAKEHOLDERS IN BUYING PROCESS           69

5.6.2        BUYING CRITERIA           70

5.7           PATENT ANALYSIS          71

5.8           TRADE ANALYSIS             74

5.8.1        IMPORT SCENARIO (HS CODE 853690)    74

5.8.2        EXPORT SCENARIO (HS CODE 853690)    75

5.9           INVESTMENT AND FUNDING SCENARIO               77

5.10         TECHNOLOGY ANALYSIS             77

5.10.1      KEY TECHNOLOGIES     77

5.10.1.1  Time-sensitive networking 77

5.10.1.2  Open platform communication unified architecture      78

5.10.2      COMPLEMENTARY TECHNOLOGIES       78

5.10.2.1  Power over Ethernet            78

5.10.3      ADJACENT TECHNOLOGIES       79

5.10.3.1  Industrial Internet of Things (IIoT) 79

5.10.3.2  Edge computing   79

5.10.3.3  Digital twin            80

5.11         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            80

5.12         ECOSYSTEM ANALYSIS  81

5.13         CASE STUDY ANALYSIS 81

5.13.1      MOXA HELPED PEA STANDARDIZE AND SIMPLIFY INFRASTRUCTURE USING MOXA IEC 61850 PRP/HSR       81

5.13.2      FALORIA IMPLEMENTED CISCO ULTRA-RELIABLE WIRELESS BACKHAUL SOLUTION AND SECURITYTRUST’S CABLE CAR 4.0 SYSTEM FOR ROBUST AND SECURE COMMUNICATION          82

5.13.3      AUTOMOTIVE INSPECTION CENTER LEVERAGED ADVANTECH’S WISE-PAAS END-TO-CLOUD IOT TOTAL SOLUTION FOR REMOTE VIDEO SURVEILLANCE AND DEVICE STATUS MONITORING  82

5.13.4      OPTIMA CONTROL SOLUTIONS DEPLOYED ROCKWELL AUTOMATION’S ALLEN-BRADLEY CONTROLLOGIX AND SCADA SYSTEMS TO IMPROVE OPERATIONAL EFFICIENCY AND SYSTEM RELIABILITY     83

5.14         KEY CONFERENCES AND EVENTS, 2025–2026        83

5.15         TARIFF AND REGULATORY LANDSCAPE               86

5.15.1      TARIFF ANALYSIS             87

5.15.2      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             87

5.15.3      REGULATIONS  89

5.16         IMPACT OF AI/GEN AI ON INDUSTRIAL COMMUNICATION MARKET       91

5.17         IMPACT OF 2025 US TARIFF ON INDUSTRIAL COMMUNICATION MARKET       92

5.17.1      INTRODUCTION              92

5.17.2      KEY TARIFF RATES          92

5.17.3      PRICE IMPACT ANALYSIS             93

5.17.4      IMPACT ON COUNTRY/REGION                94

5.17.4.1  US           94

5.17.4.2  Europe   94

5.17.4.3  Asia Pacific            95

5.17.4.3.1                China      95

5.17.4.3.2                Japan      95

5.17.4.3.3                South Korea and Taiwan     95

5.17.5      IMPACT ON INDUSTRIES              95

6               INDUSTRIAL COMMUNICATION APPLICATIONS                 97

6.1           INTRODUCTION              97

6.2           PROCESS CONTROL        97

6.3           MACHINE-TO-MACHINE (M2M) COMMUNICATION                 97

6.4           REMOTE MONITORING 98

6.5           ENERGY MANAGEMENT               98

6.6           ASSET TRACKING & CONDITION MONITORING                 98

7               INDUSTRIAL COMMUNICATION MARKET, BY OFFERING           100

7.1           INTRODUCTION              101

7.2           COMPONENTS  102

7.2.1        SWITCHES           104

7.2.1.1    Rising deployment in process and discrete automation industries to fuel segmental growth     104

7.2.2        GATEWAYS         105

7.2.2.1    Increasing need for reliable and low-latency connectivity in Industry 4.0 applications to augment segmental growth                105

7.2.3        ROUTERS & WAP              105

7.2.3.1    Rising integration of 5G technology into routers to contribute to segmental growth 105

7.2.4        CONTROLLERS & CONNECTORS               106

7.2.4.1    Growing focus on determining task priorities and handling interruptions efficiently to spur demand          106

7.2.5        COMMUNICATION INTERFACES & CONVERTERS                 106

7.2.5.1    Increasing need to facilitate data exchange between different network devices to foster segmental growth    106

7.2.6        POWER SUPPLY DEVICES             107

7.2.6.1    Growing emphasis on smooth operation of industrial communication systems to boost segmental growth       107

7.2.7        OTHER COMPONENTS  107

7.3           SOFTWARE         108

7.3.1        ABILITY TO STREAMLINE CONFIGURATION, OPERATION, AND MAINTENANCE OF COMPLEX NETWORK ENVIRONMENTS TO DRIVE MARKET      108

7.4           SERVICES             109

7.4.1        RISE IN IIOT INTEGRATION TO CONTRIBUTE TO SEGMENTAL GROWTH  109

8               INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL 110

8.1           INTRODUCTION              111

8.2           FIELDBUS            112

8.2.1        PROFIBUS           118

8.2.1.1    Continuous updates and compatibility with different automation systems to boost segmental growth   118

8.2.2        MODBUS              118

8.2.2.1    Simplicity and adaptability in legacy and modern automation systems to augment segmental growth              118

8.2.3        CC-LINK               119

8.2.3.1    Ability to support high-speed communication in factory and process automation applications to spur demand            119

8.2.4        DEVICENET        119

8.2.4.1    Emergence as low-cost and sturdy communication protocol to contribute to segmental growth          119

8.2.5        CANOPEN            120

8.2.5.1    Precise real-time data exchange and flexible configuration to foster segmental growth      120

8.2.6        OTHER FIELDBUS PROTOCOLS 120

8.3           INDUSTRIAL ETHERNET               120

8.3.1        PROFINET           127

8.3.1.1    High-speed cyclic data exchange and precise synchronization attributes to accelerate segmental growth        127

8.3.2        ETHERNET/IP   128

8.3.2.1    Broad deployment in hybrid, process, and discrete manufacturing sectors to fuel segmental growth        128

8.3.3        ETHERCAT          128

8.3.3.1    Real-time synchronization and high-speed control performance to boost segmental growth  128

8.3.4        MODBUS-TCP   128

8.3.4.1    Seamless interoperability and ease of integration to augment segmental growth 128

8.3.5        POWERLINK       129

8.3.5.1    Reliable and synchronized data exchange to contribute to segmental growth 129

8.3.6        SERCOS III           129

8.3.6.1    Requirement for ultra-low latency, precise synchronization, and high reliability in industries to drive market    129

8.3.7        CC-LINK IE          130

8.3.7.1    Seamless integration of I/O control, motion control, and safety systems over a single high-speed network to spur demand            130

8.3.8        OTHER INDUSTRIAL ETHERNET PROTOCOLS   130

8.4           WIRELESS            130

8.4.1        WLAN    136

8.4.1.1    Increasing focus on wide-area and high-speed industrial communication to offer lucrative opportunities               136

8.4.2        BLUETOOTH     136

8.4.2.1    Burgeoning demand for low-power, short-range communication to fuel segmental growth     136

8.4.3        ISA100.11A           137

8.4.3.1    Rising deployment to enhance reliable wireless communication in process industries to foster segmental growth 137

8.4.4        CELLULAR           137

8.4.4.1    High preference for cellular networks in long-distance IIoT applications to fuel segmental growth               137

8.4.5        ZIGBEE 138

8.4.5.1    Growing adoption to support low-power industrial wireless communication to bolster segmental growth   138

8.4.6        WHART 138

8.4.6.1    Ease of integration and compatibility with traditional HART devices to accelerate segmental growth             138

8.4.7        OTHER WIRELESS PROTOCOLS 138

8.5           IO-LINK                139

8.5.1        INCREASING DEMAND FOR INTELLIGENT AND DECENTRALIZED FACTORY AUTOMATION TO DRIVE MARKET                 139

9               INDUSTRIAL COMMUNICATION MARKET, BY INDUSTRY           144

9.1           INTRODUCTION              145

9.2           AUTOMOTIVE   147

9.2.1        SURGING ADOPTION OF AUTOMATION AND CONNECTIVITY TECHNOLOGIES TO FACILITATE SEGMENTAL GROWTH             147

9.3           ELECTRICAL & ELECTRONICS    149

9.3.1        GROWING FOCUS ON REDUCING DOWNTIME AND IMPROVING PROCESS VISIBILITY TO DRIVE MARKET     149

9.4           AEROSPACE & DEFENSE                150

9.4.1        RISING NEED FOR PRECISION ENGINEERING AND HIGH-PERFORMANCE MATERIALS TO BOLSTER SEGMENTAL GROWTH             150

9.5           OIL & GAS            151

9.5.1        INCREASING RELIANCE ON ADVANCED TECHNOLOGIES FOR REAL-TIME MONITORING TO FUEL SEGMENTAL GROWTH  151

9.6           CHEMICALS & FERTILIZERS        153

9.6.1        GROWING EMPHASIS ON PRECISE CONTROL AND CONTINUOUS OPERATIONS OF COMPLEX, MULTI-STAGE PROCESSES TO SPUR DEMAND 153

9.7           FOOD & BEVERAGES      154

9.7.1        INCREASING NEED TO MAINTAIN STRICT REGULATORY COMPLIANCE TO CONTRIBUTE TO SEGMENTAL GROWTH             154

9.8           PHARMACEUTICALS & MEDICAL DEVICES           156

9.8.1        GROWING FOCUS ON HIGH-INTEGRITY DATA EXCHANGE ACROSS VARIOUS SYSTEMS TO BOOST SEGMENTAL GROWTH             156

9.9           ENERGY & POWER           158

9.9.1        RISING INTEGRATION OF RENEWABLE ENERGY INTO ELECTRICAL GRID TO FOSTER SEGMENTAL GROWTH  158

9.10         METALS & MINING          159

9.10.1      GROWING IMPORTANCE OF CONTINUOUS MONITORING AND PROCESS CONTROL TO AUGMENT SEGMENTAL GROWTH  159

9.11         ENGINEERING & FABRICATION 161

9.11.1      RISING NEED FOR REAL-TIME SYNCHRONIZATION OF MULTI-AXIS OPERATIONS TO FOSTER SEGMENTAL GROWTH                 161

9.12         WATER & WASTEWATER MANAGEMENT               162

9.12.1      INCREASING DEPLOYMENT OF LOW-COST, LOW-POWER SENSORS AND EDGE-COMPUTING DEVICES TO FUEL SEGMENTAL GROWTH  162

9.13         OTHER INDUSTRIES       163

10            INDUSTRIAL COMMUNICATION MARKET, BY REGION                 165

10.1         INTRODUCTION              166

10.2         NORTH AMERICA             168

10.2.1      MACROECONOMIC OUTLOOK FOR NORTH AMERICA                 168

10.2.2      US           172

10.2.2.1  High concentration of large-scale industries to contribute to market growth       172

10.2.3      CANADA               173

10.2.3.1  Rising deployment of automated manufacturing technologies to drive market          173

10.2.4      MEXICO                175

10.2.4.1  Mounting investment in local manufacturing facilities to bolster market growth       175

10.3         EUROPE               176

10.3.1      MACROECONOMIC OUTLOOK FOR EUROPE      176

10.3.2      UK          180

10.3.2.1  Increasing reliance on automation technologies to improve productivity and operational efficiency to drive market 180

10.3.3      GERMANY           182

10.3.3.1  Rapid innovation of automobile technologies to boost market growth    182

10.3.4      FRANCE                183

10.3.4.1  Rising implementation of smart factory initiatives to augment market growth       183

10.3.5      SPAIN    184

10.3.5.1  Thriving automotive, consumer electronics, and pharmaceutical industries to contribute to market growth        184

10.3.6      ITALY    186

10.3.6.1  Increasing adoption of Industry 4.0 practices by automobile manufacturers to fuel market growth                 186

10.3.7      POLAND               187

10.3.7.1  Rapid industrial automation through digital technology and foreign direct investments to bolster market growth      187

10.3.8      NORDICS             188

10.3.8.1  Mounting adoption of smart grid technologies to accelerate market growth       188

10.3.9      REST OF EUROPE             189

10.4         ASIA PACIFIC     190

10.4.1      MACROECONOMIC OUTLOOK FOR ASIA PACIFIC                 190

10.4.2      CHINA  194

10.4.2.1  Increasing deployment of Industry 4.0 technologies to fuel market growth       194

10.4.3      JAPAN   196

10.4.3.1  Government initiatives to promote digital transformation to provide lucrative growth opportunities             196

10.4.4      INDIA    197

10.4.4.1  Large-scale industrial development and high internet penetration to drive market      197

10.4.5      SOUTH KOREA  198

10.4.5.1  Increasing production of electronic goods and semiconductors to accelerate market growth    198

10.4.6      AUSTRALIA         199

10.4.6.1  Growing emphasis on automation and digital transformation to augment market growth      199

10.4.7      INDONESIA        200

10.4.7.1  Rising adoption of Industry 4.0 technologies in industries to boost market growth             200

10.4.8      MALAYSIA           201

10.4.8.1  Government-led automation initiatives to contribute to market growth    201

10.4.9      THAILAND          202

10.4.9.1  Increasing development of smart factories to drive market                 202

10.4.10   VIETNAM             203

10.4.10.1                 Increasing deployment of Ethernet-based industrial networks to foster market growth      203

10.4.11   REST OF ASIA PACIFIC   204

10.5         ROW      206

10.5.1      MACROECONOMIC OUTLOOK FOR ROW              206

10.5.2      SOUTH AMERICA             210

10.5.2.1  Burgeoning demand for 5G networks to augment market growth                 210

10.5.3      MIDDLE EAST   210

10.5.3.1  Bahrain  212

10.5.3.1.1                Government-led digital transformation strategies to drive market          212

10.5.3.2  Kuwait    212

10.5.3.2.1                High investment in ICT infrastructure to accelerate market growth       212

10.5.3.3  Oman     212

10.5.3.3.1                Strong focus on modernization of oil & gas sector to fuel market growth       212

10.5.3.4  Qatar      213

10.5.3.4.1                Growing emphasis on automation and IoT implementation to boost market growth           213

10.5.3.5  Saudi Arabia          213

10.5.3.5.1                Mounting demand for industrial Ethernet and wireless communication systems to drive market           213

10.5.3.6  UAE        213

10.5.3.6.1                Increasing investment in infrastructure development projects to bolster market growth      213

10.5.3.7  Rest of Middle East              213

10.5.4      AFRICA 214

10.5.4.1  South Africa           215

10.5.4.1.1                Rising need for low-latency and high-bandwidth communication protocols to drive market        215

10.5.4.2  Other African countries      215

11            COMPETITIVE LANDSCAPE         216

11.1         OVERVIEW          216

11.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2025                 216

11.3         MARKET SHARE ANALYSIS, 2024                 218

11.4         REVENUE ANALYSIS, 2020–2024  221

11.5         COMPANY VALUATION AND FINANCIAL METRICS                 222

11.6         TECHNOLOGY COMPARISON    223

11.7         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 224

11.7.1      STARS   224

11.7.2      EMERGING LEADERS     224

11.7.3      PERVASIVE PLAYERS      224

11.7.4      PARTICIPANTS 224

11.7.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         226

11.7.5.1  Company footprint               226

11.7.5.2  Region footprint   227

11.7.5.3  Communication protocol footprint    228

11.7.5.4  Offering footprint 229

11.7.5.5  Industry footprint 230

11.8         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        231

11.8.1      PROGRESSIVE COMPANIES         231

11.8.2      RESPONSIVE COMPANIES            231

11.8.3      DYNAMIC COMPANIES  231

11.8.4      STARTING BLOCKS         231

11.8.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024                 233

11.8.5.1  Detailed list of key startups/SMEs    233

11.8.5.2  Competitive benchmarking of key startups/SMEs          233

11.9         COMPETITIVE SCENARIO             234

11.9.1      PRODUCT LAUNCHES/DEVELOPMENTS               234

11.9.2      DEALS  249

11.9.3      EXPANSIONS     258

11.9.4      OTHER DEVELOPMENTS              262

12            COMPANY PROFILES      264

12.1         INTRODUCTION              264

12.2         KEY PLAYERS     264

12.2.1      CISCO SYSTEMS, INC.     264

12.2.1.1  Business overview 264

12.2.1.2  Products/Services/Solutions offered 266

12.2.1.3  Recent developments           268

12.2.1.3.1                Product launches/developments        268

12.2.1.3.2                Deals      269

12.2.1.4  MnM view              270

12.2.1.4.1                Key strengths/Right to win 270

12.2.1.4.2                Strategic choices   271

12.2.1.4.3                Weaknesses/Competitive threats       271

12.2.2      SIEMENS              272

12.2.2.1  Business overview 272

12.2.2.2  Products/Services/Solutions offered 273

12.2.2.3  Recent developments           276

12.2.2.3.1                Product launches/developments        276

12.2.2.3.2                Deals      277

12.2.2.4  MnM view              277

12.2.2.4.1                Key strengths/Right to win 277

12.2.2.4.2                Strategic choices   278

12.2.2.4.3                Weaknesses/Competitive threats       278

12.2.3      ROCKWELL AUTOMATION          279

12.2.3.1  Business overview 279

12.2.3.2  Products/Services/Solutions offered 280

12.2.3.3  Recent developments           284

12.2.3.3.1                Product launches/developments        284

12.2.3.3.2                Deals      286

12.2.3.3.3                Expansions             287

12.2.3.3.4                Other developments             288

12.2.3.4  MnM view              288

12.2.3.4.1                Key strengths/Right to win 288

12.2.3.4.2                Strategic choices   288

12.2.3.4.3                Weaknesses/Competitive threats       289

12.2.4      OMRON CORPORATION                290

12.2.4.1  Business overview 290

12.2.4.2  Products/Services/Solutions offered 291

12.2.4.3  Recent developments           293

12.2.4.3.1                Product launches/developments        293

12.2.4.3.2                Deals      294

12.2.4.4  MnM view              295

12.2.4.4.1                Key strengths/Right to win 295

12.2.4.4.2                Strategic choices   295

12.2.4.4.3                Weaknesses/Competitive threats       295

12.2.5      HUAWEI TECHNOLOGIES CO., LTD.        296

12.2.5.1  Business overview 296

12.2.5.2  Products/Services/Solutions offered 297

12.2.5.3  Recent developments           299

12.2.5.3.1                Product launches/developments        299

12.2.5.3.2                Deals      302

12.2.5.3.3                Other developments             303

12.2.5.4  MnM view              304

12.2.5.4.1                Key strengths/Right to win 304

12.2.5.4.2                Strategic choices   304

12.2.5.4.3                Weaknesses/Competitive threats       304

12.2.6      MOXA INC.          305

12.2.6.1  Business overview 305

12.2.6.2  Products/Services/Solutions offered 305

12.2.6.3  Recent developments           308

12.2.6.3.1                Product launches/developments        308

12.2.6.3.2                Deals      310

12.2.6.3.3                Other developments             310

12.2.7      SICK AG                311

12.2.7.1  Business overview 311

12.2.7.2  Products/Services/Solutions offered 312

12.2.7.3  Recent developments           314

12.2.7.3.1                Product launches/developments        314

12.2.7.3.2                Deals      314

12.2.7.3.3                Expansions             315

12.2.8      SCHNEIDER ELECTRIC  316

12.2.8.1  Business overview 316

12.2.8.2  Product/Services/Solutions Offered 317

12.2.8.3  Recent developments           320

12.2.8.3.1                Product launches/developments        320

12.2.8.3.2                Deals      320

12.2.8.3.3                Expansions             321

12.2.9      ABB        323

12.2.9.1  Business overview 323

12.2.9.2  Products/Services/Solutions Offered                324

12.2.9.3  Recent developments           327

12.2.9.3.1                Product launches/developments        327

12.2.9.3.2                Deals      327

12.2.9.3.3                Expansions             328

12.2.9.3.4                Other developments             329

12.2.10   BELDEN INC.     330

12.2.10.1                 Business overview 330

12.2.10.2                 Products/Services/Solutions offered 331

12.2.10.3                 Recent developments           334

12.2.10.3.1             Product launches/developments        334

12.2.10.3.2             Deals      338

12.2.10.3.3             Expansions             339

12.3         OTHER PLAYERS              340

12.3.1      GE GRID SOLUTIONS, LLC           340

12.3.2      ADVANTECH CO., LTD. 341

12.3.3      IFM ELECTRONIC GMBH               342

12.3.4      FANUC CORPORATION 343

12.3.5      BOSCH REXROTH AG     344

12.3.6      AAEON TECHNOLOGY INC.         345

12.3.7      HMS NETWORKS              346

12.3.8      HONEYWELL INTERNATIONAL INC.        347

12.3.9      MITSUBISHI ELECTRIC CORPORATION 348

12.3.10   TELEFONAKTIEBOLAGET LM ERICSSON               349

12.3.11   HANS TURCK GMBH & CO. KG   350

12.3.12   ACS MOTION CONTROL                351

12.3.13   EATON 352

12.3.14   BECKHOFF AUTOMATION           353

12.3.15   HITACHI, LTD.  354

13            APPENDIX           355

13.1         INSIGHTS FROM INDUSTRY EXPERTS     355

13.2         DISCUSSION GUIDE        355

13.3         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                359

13.4         CUSTOMIZATION OPTIONS        361

13.5         RELATED REPORTS         361

13.6         AUTHOR DETAILS           362

LIST OF TABLES

TABLE 1                LIST OF KEY SECONDARY SOURCES        35

TABLE 2                LIST OF PRIMARY INTERVIEW PARTICIPANTS                 36

TABLE 3                KEY DATA FROM PRIMARY SOURCES     38

TABLE 4                INDUSTRIAL COMMUNICATION MARKET: RISK ANALYSIS            44

TABLE 5                AVERAGE SELLING PRICE OF INDUSTRIAL COMMUNICATION SOLUTIONS OFFERED BY KEY PLAYERS, BY COMPONENT TYPE, 2024 (USD)                 64

TABLE 6                AVERAGE SELLING PRICE TREND OF GATEWAYS, BY REGION, 2020–2024 (USD)             65

TABLE 7                AVERAGE SELLING PRICE TREND OF SWITCHES, BY REGION, 2020–2024 (USD)      66

TABLE 8                PORTER’S FIVE FORCES ANALYSIS           67

TABLE 9                INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES (%)         69

TABLE 10              KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES       70

TABLE 11              LIST OF KEY PATENTS, 2022–2024              72

TABLE 12              IMPORT DATA FOR HS CODE 853690-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD MILLION)            75

TABLE 13              EXPORT DATA FOR HS CODE 853690-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD MILLION)            76

TABLE 14              LIST OF KEY CONFERENCES AND EVENTS, 2025–2026        83

TABLE 15              MFN TARIFF FOR HS CODE 853690-COMPLIANT PRODUCTS, BY COUNTRY, 2024 87

TABLE 16              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 87

TABLE 17              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           88

TABLE 18              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 88

TABLE 19              ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           89

TABLE 20              US-ADJUSTED RECIPROCAL TARIFF RATES, 2024                 92

TABLE 21              INDUSTRIAL COMMUNICATION MARKET, BY OFFERING,

2021–2024 (USD MILLION)            101

TABLE 22              INDUSTRIAL COMMUNICATION MARKET, BY OFFERING,

2025–2030 (USD MILLION)            102

TABLE 23              COMPONENTS: INDUSTRIAL COMMUNICATION MARKET, BY TYPE,

2021–2024 (USD MILLION)            102

TABLE 24              COMPONENTS: INDUSTRIAL COMMUNICATION MARKET, BY TYPE,

2025–2030 (USD MILLION)            103

TABLE 25              COMPONENTS: INDUSTRIAL COMMUNICATION MARKET, BY TYPE,

2021–2024 (THOUSAND UNITS)  103

TABLE 26              COMPONENTS: INDUSTRIAL COMMUNICATION MARKET, BY TYPE,

2025–2030 (THOUSAND UNITS)  103

TABLE 27              INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL,

2021–2024 (USD MILLION)            111

TABLE 28              INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL,

2025–2030 (USD MILLION)            112

TABLE 29              FIELDBUS: INDUSTRIAL COMMUNICATION MARKET, BY REGION,

2021–2024 (USD MILLION)            113

TABLE 30              FIELDBUS: INDUSTRIAL COMMUNICATION MARKET, BY REGION,

2025–2030 (USD MILLION)            113

TABLE 31              FIELDBUS: INDUSTRIAL COMMUNICATION MARKET IN NORTH AMERICA,

BY COUNTRY, 2021–2024 (USD MILLION)               113

TABLE 32              FIELDBUS: INDUSTRIAL COMMUNICATION MARKET IN NORTH AMERICA,

BY COUNTRY, 2025–2030 (USD MILLION)               114

TABLE 33              FIELDBUS: INDUSTRIAL COMMUNICATION MARKET IN EUROPE, BY COUNTRY, 2021–2024 (USD MILLION)                 114

TABLE 34              FIELDBUS: INDUSTRIAL COMMUNICATION MARKET IN EUROPE, BY COUNTRY, 2025–2030 (USD MILLION)                 115

TABLE 35              FIELDBUS: INDUSTRIAL COMMUNICATION MARKET IN ASIA PACIFIC, BY COUNTRY, 2021–2024 (USD MILLION)            115

TABLE 36              FIELDBUS: INDUSTRIAL COMMUNICATION MARKET IN ASIA PACIFIC, BY COUNTRY, 2025–2030 (USD MILLION)            116

TABLE 37              FIELDBUS: INDUSTRIAL COMMUNICATION MARKET IN ROW, BY REGION,

2021–2024 (USD MILLION)            116

TABLE 38              FIELDBUS: INDUSTRIAL COMMUNICATION MARKET IN ROW, BY REGION,

2025–2030 (USD MILLION)            117

TABLE 39              FIELDBUS: INDUSTRIAL COMMUNICATION MARKET, BY PROTOCOL TYPE,

2021–2024 (USD MILLION)            117

TABLE 40              FIELDBUS: INDUSTRIAL COMMUNICATION MARKET, BY PROTOCOL TYPE,

2025–2030 (USD MILLION)            117

TABLE 41              INDUSTRIAL ETHERNET: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2021–2024 (USD MILLION)            123

TABLE 42              INDUSTRIAL ETHERNET: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)            123

TABLE 43              INDUSTRIAL ETHERNET: INDUSTRIAL COMMUNICATION MARKET IN

NORTH AMERICA, BY COUNTRY, 2021–2024 (USD MILLION)                 123

TABLE 44              INDUSTRIAL ETHERNET: INDUSTRIAL COMMUNICATION MARKET IN

NORTH AMERICA, BY COUNTRY, 2025–2030 (USD MILLION)                 124

TABLE 45              INDUSTRIAL ETHERNET: INDUSTRIAL COMMUNICATION MARKET IN EUROPE,

BY COUNTRY, 2021–2024 (USD MILLION)               124

TABLE 46              INDUSTRIAL ETHERNET: INDUSTRIAL COMMUNICATION MARKET IN EUROPE,

BY COUNTRY, 2025–2030 (USD MILLION)               124

TABLE 47              INDUSTRIAL ETHERNET: INDUSTRIAL COMMUNICATION MARKET IN ASIA PACIFIC, BY COUNTRY, 2021–2024 (USD MILLION)            125

TABLE 48              INDUSTRIAL ETHERNET: INDUSTRIAL COMMUNICATION MARKET IN ASIA PACIFIC, BY COUNTRY, 2025–2030 (USD MILLION)            125

TABLE 49              INDUSTRIAL ETHERNET: INDUSTRIAL COMMUNICATION MARKET IN ROW,

BY REGION, 2021–2024 (USD MILLION)   126

TABLE 50              INDUSTRIAL ETHERNET: INDUSTRIAL COMMUNICATION MARKET IN ROW,

BY REGION, 2025–2030 (USD MILLION)   126

TABLE 51              INDUSTRIAL ETHERNET: INDUSTRIAL COMMUNICATION MARKET, BY PROTOCOL TYPE, 2021–2024 (USD MILLION) 126

TABLE 52              INDUSTRIAL ETHERNET: INDUSTRIAL COMMUNICATION MARKET, BY PROTOCOL TYPE, 2025–2030 (USD MILLION) 127

TABLE 53              WIRELESS: INDUSTRIAL COMMUNICATION MARKET, BY REGION,

2021–2024 (USD MILLION)            131

TABLE 54              WIRELESS: INDUSTRIAL COMMUNICATION MARKET, BY REGION,

2025–2030 (USD MILLION)            131

TABLE 55              WIRELESS: INDUSTRIAL COMMUNICATION MARKET IN NORTH AMERICA,

BY COUNTRY, 2021–2024 (USD MILLION)               132

TABLE 56              WIRELESS: INDUSTRIAL COMMUNICATION MARKET IN NORTH AMERICA,

BY COUNTRY, 2025–2030 (USD MILLION)               132

TABLE 57              WIRELESS: INDUSTRIAL COMMUNICATION MARKET IN EUROPE, BY COUNTRY, 2021–2024 (USD MILLION)                 132

TABLE 58              WIRELESS: INDUSTRIAL COMMUNICATION MARKET IN EUROPE, BY COUNTRY, 2025–2030 (USD MILLION)                 133

TABLE 59              WIRELESS: INDUSTRIAL COMMUNICATION MARKET IN ASIA PACIFIC, BY COUNTRY, 2021–2024 (USD MILLION)            133

TABLE 60              WIRELESS: INDUSTRIAL COMMUNICATION MARKET IN ASIA PACIFIC, BY COUNTRY, 2025–2030 (USD MILLION)            134

TABLE 61              WIRELESS: INDUSTRIAL COMMUNICATION MARKET IN ROW, BY REGION,

2021–2024 (USD MILLION)            134

TABLE 62              WIRELESS: INDUSTRIAL COMMUNICATION MARKET IN ROW, BY REGION,

2025–2030 (USD MILLION)            135

TABLE 63              WIRELESS: INDUSTRIAL COMMUNICATION MARKET, BY PROTOCOL TYPE,

2021–2024 (USD MILLION)            135

TABLE 64              WIRELESS: INDUSTRIAL COMMUNICATION MARKET, BY PROTOCOL TYPE,

2025–2030 (USD MILLION)            135

TABLE 65              IO-LINK: INDUSTRIAL COMMUNICATION MARKET, BY REGION,

2021–2024 (USD MILLION)            139

TABLE 66              IO-LINK: INDUSTRIAL COMMUNICATION MARKET, BY REGION,

2025–2030 (USD MILLION)            140

TABLE 67              IO-LINK: INDUSTRIAL COMMUNICATION MARKET IN NORTH AMERICA,

BY COUNTRY, 2021–2024 (USD MILLION)               140

TABLE 68              IO-LINK: INDUSTRIAL COMMUNICATION MARKET IN NORTH AMERICA,

BY COUNTRY, 2025–2030 (USD MILLION)               140

TABLE 69              IO-LINK: INDUSTRIAL COMMUNICATION MARKET IN EUROPE, BY COUNTRY,

2021–2024 (USD MILLION)            141

TABLE 70              IO-LINK: INDUSTRIAL COMMUNICATION MARKET IN EUROPE, BY COUNTRY,

2025–2030 (USD MILLION)            141

TABLE 71              IO-LINK: INDUSTRIAL COMMUNICATION MARKET IN ASIA PACIFIC, BY COUNTRY, 2021–2024 (USD MILLION)            142

TABLE 72              IO-LINK: INDUSTRIAL COMMUNICATION MARKET IN ASIA PACIFIC, BY COUNTRY, 2025–2030 (USD MILLION)            142

TABLE 73              IO-LINK: INDUSTRIAL COMMUNICATION MARKET IN ROW, BY REGION,

2021–2024 (USD MILLION)            143

TABLE 74              IO-LINK: INDUSTRIAL COMMUNICATION MARKET IN ROW, BY REGION,

2025–2030 (USD MILLION)            143

TABLE 75              INDUSTRIAL COMMUNICATION MARKET, BY INDUSTRY,

2021–2024 (USD MILLION)            146

TABLE 76              INDUSTRIAL COMMUNICATION MARKET, BY INDUSTRY,

2025–2030 (USD MILLION)            146

TABLE 77              AUTOMOTIVE: INDUSTRIAL COMMUNICATION MARKET, BY REGION,

2021–2024 (USD MILLION)            148

TABLE 78              AUTOMOTIVE: INDUSTRIAL COMMUNICATION MARKET, BY REGION,

2025–2030 (USD MILLION)            148

TABLE 79              ELECTRICAL & ELECTRONICS: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2021–2024 (USD MILLION)            149

TABLE 80              ELECTRICAL & ELECTRONICS: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)            150

TABLE 81              AEROSPACE & DEFENSE: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2021–2024 (USD MILLION)            151

TABLE 82              AEROSPACE & DEFENSE: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)            151

TABLE 83              OIL & GAS: INDUSTRIAL COMMUNICATION MARKET, BY REGION,

2021–2024 (USD MILLION)            152

TABLE 84              OIL & GAS: INDUSTRIAL COMMUNICATION MARKET, BY REGION,

2025–2030 (USD MILLION)            152

TABLE 85              CHEMICALS & FERTILIZERS: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2021–2024 (USD MILLION)            153

TABLE 86              CHEMICALS & FERTILIZERS: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)            154

TABLE 87              FOOD & BEVERAGES: INDUSTRIAL COMMUNICATION MARKET, BY REGION,

2021–2024 (USD MILLION)            155

TABLE 88              FOOD & BEVERAGES: INDUSTRIAL COMMUNICATION MARKET, BY REGION,

2025–2030 (USD MILLION)            156

TABLE 89              PHARMACEUTICALS & MEDICAL DEVICES: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2021–2024 (USD MILLION)       157

TABLE 90              PHARMACEUTICALS & MEDICAL DEVICES: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)       157

TABLE 91              ENERGY & POWER: INDUSTRIAL COMMUNICATION MARKET, BY REGION,

2021–2024 (USD MILLION)            158

TABLE 92              ENERGY & POWER: INDUSTRIAL COMMUNICATION MARKET, BY REGION,

2025–2030 (USD MILLION)            159

TABLE 93              METALS & MINING: INDUSTRIAL COMMUNICATION MARKET, BY REGION,

2021–2024 (USD MILLION)            160

TABLE 94              METALS & MINING: INDUSTRIAL COMMUNICATION MARKET, BY REGION,

2025–2030 (USD MILLION)            160

TABLE 95              ENGINEERING & FABRICATION: INDUSTRIAL COMMUNICATION MARKET,

BY REGION, 2021–2024 (USD MILLION)   161

TABLE 96              ENGINEERING & FABRICATION: INDUSTRIAL COMMUNICATION MARKET,

BY REGION, 2025–2030 (USD MILLION)   162

TABLE 97              WATER & WASTEWATER MANAGEMENT: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2021–2024 (USD MILLION)       163

TABLE 98              WATER & WASTEWATER MANAGEMENT: INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)       163

TABLE 99              OTHER INDUSTRIES: INDUSTRIAL COMMUNICATION MARKET, BY REGION,

2021–2024 (USD MILLION)            164

TABLE 100            OTHER INDUSTRIES: INDUSTRIAL COMMUNICATION MARKET, BY REGION,

2025–2030 (USD MILLION)            164

TABLE 101            INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2021–2024 (USD MILLION)          167

TABLE 102            INDUSTRIAL COMMUNICATION MARKET, BY REGION, 2025–2030 (USD MILLION)          168

TABLE 103            NORTH AMERICA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)            169

TABLE 104            NORTH AMERICA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)            169

TABLE 105            NORTH AMERICA: INDUSTRIAL COMMUNICATION MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            169

TABLE 106            NORTH AMERICA: INDUSTRIAL COMMUNICATION MARKET, BY COUNTRY,

2025–2030 (USD MILLION)          170

TABLE 107            NORTH AMERICA: INDUSTRIAL COMMUNICATION MARKET, BY INDUSTRY,

2021–2024 (USD MILLION)            170

TABLE 108            NORTH AMERICA: INDUSTRIAL COMMUNICATION MARKET, BY INDUSTRY,

2025–2030 (USD MILLION)            171

TABLE 109            US: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)                 173

TABLE 110            US: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)                 173

TABLE 111            CANADA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)            174

TABLE 112            CANADA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)            174

TABLE 113            MEXICO: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)            175

TABLE 114            MEXICO: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)            176

TABLE 115            EUROPE: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)            178

TABLE 116            EUROPE: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)            178

TABLE 117            EUROPE: INDUSTRIAL COMMUNICATION MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            178

TABLE 118            EUROPE: INDUSTRIAL COMMUNICATION MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            179

TABLE 119            EUROPE: INDUSTRIAL COMMUNICATION MARKET, BY INDUSTRY,

2021–2024 (USD MILLION)            179

TABLE 120            EUROPE: INDUSTRIAL COMMUNICATION MARKET, BY INDUSTRY

2025–2030 (USD MILLION)            180

TABLE 121            UK: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)                 181

TABLE 122            UK: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)                 181

TABLE 123            GERMANY: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)            182

TABLE 124            GERMANY: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)            183

TABLE 125            FRANCE: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)            183

TABLE 126            FRANCE: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)            184

TABLE 127            SPAIN: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)            185

TABLE 128            SPAIN: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)            185

TABLE 129            ITALY: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)            186

TABLE 130            ITALY: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)            186

TABLE 131            POLAND: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)            187

TABLE 132            POLAND: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)            187

TABLE 133            NORDICS: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)            188

TABLE 134            NORDICS: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)            188

TABLE 135            REST OF EUROPE: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)            189

TABLE 136            REST OF EUROPE: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)            189

TABLE 137            ASIA PACIFIC: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)            191

TABLE 138            ASIA PACIFIC: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)            192

TABLE 139            ASIA PACIFIC: INDUSTRIAL COMMUNICATION MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            192

TABLE 140            ASIA PACIFIC: INDUSTRIAL COMMUNICATION MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            193

TABLE 141            ASIA PACIFIC: INDUSTRIAL COMMUNICATION MARKET, BY INDUSTRY,

2021–2024 (USD MILLION)            193

TABLE 142            ASIA PACIFIC: INDUSTRIAL COMMUNICATION MARKET, BY INDUSTRY,

2025–2030 (USD MILLION)            194

TABLE 143            CHINA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)            195

TABLE 144            CHINA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)            195

TABLE 145            JAPAN: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)            196

TABLE 146            JAPAN: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)            196

TABLE 147            INDIA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)            197

TABLE 148            INDIA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)            198

TABLE 149            SOUTH KOREA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)            199

TABLE 150            SOUTH KOREA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)            199

TABLE 151            AUSTRALIA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)            200

TABLE 152            AUSTRALIA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)            200

TABLE 153            INDONESIA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)            201

TABLE 154            INDONESIA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)            201

TABLE 155            MALAYSIA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)            202

TABLE 156            MALAYSIA: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)            202

TABLE 157            THAILAND: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)            203

TABLE 158            THAILAND: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)            203

TABLE 159            VIETNAM: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)            204

TABLE 160            VIETNAM: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)            204

TABLE 161            REST OF ASIA PACIFIC: INDUSTRIAL COMMUNICATION MARKET,

BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)                 205

TABLE 162            REST OF ASIA PACIFIC: INDUSTRIAL COMMUNICATION MARKET,

BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)                 205

TABLE 163            ROW: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2021–2024 (USD MILLION)                 207

TABLE 164            ROW: INDUSTRIAL COMMUNICATION MARKET, BY COMMUNICATION PROTOCOL, 2025–2030 (USD MILLION)                 208

TABLE 165            ROW: INDUSTRIAL COMMUNICATION MARKET, BY REGION,

2021–2024 (USD MILLION)            208

TABLE 166            ROW: INDUSTRIAL COMMUNICATION MARKET, BY REGION,

2025–2030 (USD MILLION)            208

TABLE 167            ROW: INDUSTRIAL COMMUNICATION MARKET, BY INDUSTRY,

2021–2024 (USD MILLION)            209

TABLE 168            ROW: INDUSTRIAL COMMUNICATION MARKET, BY INDUSTRY,

2025–2030 (USD MILLION)            209

TABLE 169            MIDDLE EAST: INDUSTRIAL COMMUNICATION MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            211

TABLE 170            MIDDLE EAST: INDUSTRIAL COMMUNICATION MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            211

TABLE 171            AFRICA: INDUSTRIAL COMMUNICATION MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            214

TABLE 172            AFRICA: INDUSTRIAL COMMUNICATION MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            214

TABLE 173            INDUSTRIAL COMMUNICATION MARKET: OVERVIEW OF STRATEGIES ADOPTED

BY KEY PLAYERS, JANUARY 2021–APRIL 2025        216

TABLE 174            INDUSTRIAL COMMUNICATION MARKET: DEGREE OF COMPETITION, 2024               218

TABLE 175            INDUSTRIAL COMMUNICATION MARKET: REGION FOOTPRINT     227

TABLE 176            INDUSTRIAL COMMUNICATION MARKET: COMMUNICATION PROTOCOL FOOTPRINT       228

TABLE 177            INDUSTRIAL COMMUNICATION MARKET: OFFERING FOOTPRINT 229

TABLE 178            INDUSTRIAL COMMUNICATION MARKET: INDUSTRY FOOTPRINT 230

TABLE 179            INDUSTRIAL COMMUNICATION MARKET: DETAILED LIST OF KEY STARTUPS/SMES             233

TABLE 180            INDUSTRIAL COMMUNICATION MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES    233

TABLE 181            INDUSTRIAL COMMUNICATION MARKET: PRODUCT LAUNCHES/DEVELOPMENTS, JANUARY 2021–APRIL 2025        234

TABLE 182            INDUSTRIAL COMMUNICATION MARKET: DEALS, JANUARY 2021–APRIL 2025             249

TABLE 183            INDUSTRIAL COMMUNICATION MARKET: EXPANSIONS,

JANUARY 2021–APRIL 2025            258

TABLE 184            INDUSTRIAL COMMUNICATION MARKET: OTHER DEVELOPMENTS,

JANUARY 2021–APRIL 2025            262

TABLE 185            CISCO SYSTEMS, INC.: COMPANY OVERVIEW                 265

TABLE 186            CISCO SYSTEMS, INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED    266

TABLE 187            CISCO SYSTEMS, INC.: PRODUCT LAUNCHES/DEVELOPMENTS    268

TABLE 188            CISCO SYSTEMS, INC.: DEALS     269

TABLE 189            SIEMENS: COMPANY OVERVIEW               272

TABLE 190            SIEMENS: PRODUCTS/SERVICES/SOLUTIONS OFFERED             273

TABLE 191            SIEMENS: PRODUCT LAUNCHES/DEVELOPMENTS    276

TABLE 192            SIEMENS: DEALS               277

TABLE 193            ROCKWELL AUTOMATION: COMPANY OVERVIEW          279

TABLE 194            ROCKWELL AUTOMATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED    280

TABLE 195            ROCKWELL AUTOMATION: PRODUCT LAUNCHES/DEVELOPMENTS    284

TABLE 196            ROCKWELL AUTOMATION: DEALS          286

TABLE 197            ROCKWELL AUTOMATION: EXPANSIONS                 287

TABLE 198            ROCKWELL AUTOMATION: OTHER DEVELOPMENTS              288

TABLE 199            OMRON CORPORATION: COMPANY OVERVIEW                 290

TABLE 200            OMRON CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED    291

TABLE 201            OMRON CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS    293

TABLE 202            OMRON CORPORATION: DEALS                294

TABLE 203            HUAWEI TECHNOLOGIES CO., LTD.: COMPANY OVERVIEW          296

TABLE 204            HUAWEI TECHNOLOGIES CO., LTD.: PRODUCTS/SERVICES/SOLUTIONS OFFERED    297

TABLE 205            HUAWEI TECHNOLOGIES CO., LTD.: PRODUCT LAUNCHES/DEVELOPMENTS    299

TABLE 206            HUAWEI TECHNOLOGIES CO., LTD.: DEALS                 302

TABLE 207            HUAWEI TECHNOLOGIES CO., LTD.: OTHER DEVELOPMENTS              303

TABLE 208            MOXA INC.: COMPANY OVERVIEW           305

TABLE 209            MOXA INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED             305

TABLE 210            MOXA INC.: PRODUCT LAUNCHES/DEVELOPMENTS    308

TABLE 211            MOXA INC.: DEALS          310

TABLE 212            MOXA INC.: OTHER DEVELOPMENTS     310

TABLE 213            SICK AG: COMPANY OVERVIEW 311

TABLE 214            SICK AG: PRODUCTS/SERVICES/SOLUTIONS OFFERED             312

TABLE 215            SICK AG: PRODUCT LAUNCHES/DEVELOPMENTS    314

TABLE 216            SICK AG: DEALS                314

TABLE 217            SICK AG: EXPANSIONS   315

TABLE 218            SCHNEIDER ELECTRIC: COMPANY OVERVIEW                 316

TABLE 219            SCHNEIDER ELECTRIC: PRODUCTS/SERVICES/SOLUTIONS OFFERED    317

TABLE 220            SCHNEIDER ELECTRIC: PRODUCT LAUNCHES/DEVELOPMENTS    320

TABLE 221            SCHNEIDER ELECTRIC: DEALS  320

TABLE 222            SCHNEIDER ELECTRIC: EXPANSIONS     321

TABLE 223            ABB: COMPANY OVERVIEW         323

TABLE 224            ABB: PRODUCTS/SERVICES/SOLUTIONS OFFERED             324

TABLE 225            ABB: PRODUCT LAUNCHES/DEVELOPMENTS                 327

TABLE 226            ABB: DEALS        327

TABLE 227            ABB: EXPANSIONS           328

TABLE 228            ABB: OTHER DEVELOPMENTS   329

TABLE 229            BELDEN INC.: COMPANY OVERVIEW      330

TABLE 230            BELDEN INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED    331

TABLE 231            BELDEN INC.: PRODUCT LAUNCHES/DEVELOPMENTS    334

TABLE 232            BELDEN INC.: DEALS      338

TABLE 233            BELDEN INC.: EXPANSIONS         339

LIST OF FIGURES

FIGURE 1              INDUSTRIAL COMMUNICATION MARKET SEGMENTATION AND REGIONAL SCOPE              29

FIGURE 2              INDUSTRIAL COMMUNICATION MARKET: RESEARCH DESIGN         33

FIGURE 3              INDUSTRIAL COMMUNICATION MARKET: RESEARCH APPROACH  34

FIGURE 4              KEY DATA FROM SECONDARY SOURCES                 35

FIGURE 5              KEY INDUSTRY INSIGHTS             37

FIGURE 6              BREAKDOWN OF PRIMARIES      37

FIGURE 7              INDUSTRIAL COMMUNICATION MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE)  39

FIGURE 8              INDUSTRIAL COMMUNICATION MARKET SIZE ESTIMATION METHODOLOGY (DEMAND SIDE)                40

FIGURE 9              INDUSTRIAL COMMUNICATION MARKET: BOTTOM-UP APPROACH              41

FIGURE 10            INDUSTRIAL COMMUNICATION MARKET: TOP-DOWN APPROACH          41

FIGURE 11            INDUSTRIAL COMMUNICATION MARKET: DATA TRIANGULATION                42

FIGURE 12            INDUSTRIAL COMMUNICATION MARKET: RESEARCH ASSUMPTIONS           43

FIGURE 13            INDUSTRIAL COMMUNICATION MARKET: RESEARCH LIMITATIONS             43

FIGURE 14            INDUSTRIAL COMMUNICATION MARKET SIZE, 2021–2030              45

FIGURE 15            PHARMACEUTICALS & MEDICAL DEVICES SEGMENT TO EXHIBIT HIGHEST CAGR BETWEEN 2025 AND 2030                 46

FIGURE 16            INDUSTRIAL ETHERNET SEGMENT TO DOMINATE INDUSTRIAL COMMUNICATION MARKET DURING FORECAST PERIOD         47

FIGURE 17            COMPONENTS SEGMENT TO HOLD LARGEST SHARE OF INDUSTRIAL COMMUNICATION MARKET IN 2025                 47

FIGURE 18            ASIA PACIFIC TO RECORD HIGHEST CAGR IN INDUSTRIAL COMMUNICATION MARKET FROM 2025 TO 2030                 48

FIGURE 19            MOUNTING ADOPTION OF INDUSTRY 4.0 INITIATIVES TO CONTRIBUTE TO MARKET GROWTH    49

FIGURE 20            SERVICES SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030             49

FIGURE 21            INDUSTRIAL ETHERNET SEGMENT TO DOMINATE MARKET

BETWEEN 2025 AND 2030               50

FIGURE 22            AUTOMOTIVE SEGMENT TO HOLD LARGEST MARKET SHARE IN 2030 50

FIGURE 23            ASIA PACIFIC TO HOLD LARGEST SHARE OF INDUSTRIAL COMMUNICATION MARKET IN 2030             51

FIGURE 24            DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    53

FIGURE 25            IMPACT ANALYSIS OF DRIVERS 54

FIGURE 26            ANNUAL INSTALLATION OF INDUSTRIAL ROBOTS, BY INDUSTRY, 2023      58

FIGURE 27            IMPACT ANALYSIS OF RESTRAINTS         59

FIGURE 28            IMPACT ANALYSIS OF OPPORTUNITIES                 60

FIGURE 29            IMPACT ANALYSIS OF CHALLENGES       61

FIGURE 30            VALUE CHAIN ANALYSIS               62

FIGURE 31            AVERAGE SELLING PRICE OF INDUSTRIAL COMMUNICATION SOLUTIONS OFFERED BY KEY PLAYERS, BY COMPONENT TYPE, 2024              64

FIGURE 32            AVERAGE SELLING PRICE TREND OF GATEWAYS, BY REGION, 2020–2024           65

FIGURE 33            AVERAGE SELLING PRICE TREND OF SWITCHES, BY REGION, 2020–2024    65

FIGURE 34            PORTER’S FIVE FORCES ANALYSIS           67

FIGURE 35            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES 69

FIGURE 36            KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES       70

FIGURE 37            PATENTS APPLIED AND GRANTED, 2015–2024                 71

FIGURE 38            IMPORT DATA FOR HS CODE 853690-COMPLIANT PRODUCTS FOR TOP FIVE COUNTRIES, 2020–2024                 75

FIGURE 39            EXPORT DATA FOR HS CODE 853690-COMPLIANT PRODUCTS FOR TOP FIVE COUNTRIES, 2020–2024                 76

FIGURE 40            INVESTMENT AND FUNDING SCENARIO, 2020–2024        77

FIGURE 41            TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS   80

FIGURE 42            INDUSTRIAL COMMUNICATION ECOSYSTEM                 81

FIGURE 43            IMPACT OF AI/GEN AI ON INDUSTRIAL COMMUNICATION MARKET       91

FIGURE 44            COMPONENTS SEGMENT TO ACCOUNT FOR LARGEST SHARE OF INDUSTRIAL COMMUNICATION MARKET IN 2025  101

FIGURE 45            INDUSTRIAL ETHERNET SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD            111

FIGURE 46            AUTOMOTIVE SEGMENT TO DOMINATE INDUSTRIAL COMMUNICATION MARKET BETWEEN 2025 AND 2030        145

FIGURE 47            ASIA PACIFIC TO RECORD HIGHEST CAGR IN INDUSTRIAL COMMUNICATION MARKET BETWEEN 2025 AND 2030        166

FIGURE 48            INDIA TO EXHIBIT HIGHEST CAGR IN GLOBAL INDUSTRIAL COMMUNICATION MARKET DURING FORECAST PERIOD                167

FIGURE 49            NORTH AMERICA: INDUSTRIAL COMMUNICATION MARKET SNAPSHOT                172

FIGURE 50            EUROPE: INDUSTRIAL COMMUNICATION MARKET SNAPSHOT       177

FIGURE 51            ASIA PACIFIC: INDUSTRIAL COMMUNICATION MARKET SNAPSHOT       191

FIGURE 52            ROW: INDUSTRIAL COMMUNICATION MARKET SNAPSHOT          207

FIGURE 53            MARKET SHARE ANALYSIS OF COMPANIES OFFERING INDUSTRIAL COMMUNICATION SOLUTIONS, 2024                 218

FIGURE 54            INDUSTRIAL COMMUNICATION MARKET: REVENUE ANALYSIS OF

TOP FIVE PLAYERS, 2020–2024     221

FIGURE 55            COMPANY VALUATION 222

FIGURE 56            FINANCIAL METRICS      222

FIGURE 57            TECHNOLOGY COMPARISON    223

FIGURE 58            INDUSTRIAL COMMUNICATION MARKET: COMPANY EVALUATION

MATRIX (KEY PLAYERS), 2024     225

FIGURE 59            INDUSTRIAL COMMUNICATION MARKET: COMPANY FOOTPRINT 226

FIGURE 60            INDUSTRIAL COMMUNICATION MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024                 232

FIGURE 61            CISCO SYSTEMS, INC.: COMPANY SNAPSHOT                 265

FIGURE 62            SIEMENS: COMPANY SNAPSHOT               273

FIGURE 63            ROCKWELL AUTOMATION: COMPANY SNAPSHOT          280

FIGURE 64            OMRON CORPORATION: COMPANY SNAPSHOT                 291

FIGURE 65            HUAWEI TECHNOLOGIES CO., LTD.: COMPANY SNAPSHOT          297

FIGURE 66            SICK AG: COMPANY SNAPSHOT                 312

FIGURE 67            SCHNEIDER ELECTRIC: COMPANY SNAPSHOT                 317

FIGURE 68            ABB: COMPANY SNAPSHOT        324

FIGURE 69            BELDEN INC.: COMPANY SNAPSHOT      331