Global Industrial Communication Market in the Automotive Industry 2018-2022

NEW YORK, August 23, 2018 /PRNewswire/ -- About Industrial Communication Systems

Industrial communication systems are used for data exchange between various automation systems and connected equipment with the help of protocols such as industrial ethernet, fieldbus and wireless communication systems.

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Technavio's analysts forecast the global industrial communication market to grow at a CAGR of 6.74% for automotive industry during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global industrial communication market in automotive industry for 2018-2022. To calculate the market size, the report considers the license revenue and the revenue generated from new installations of industrial communication systems in automobile manufacturing plants.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Industrial Communication Market in Automotive Industry 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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

Market driver
• Replacement of fieldbus with industrial ethernet
• For a full, detailed list, view our report

Market challenge
• Delays and difficulties in network diagnosis
• For a full, detailed list, view our report

Market trend
• Growing advances in communication technology
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Read the full report: https://www.reportlinker.com/p05486839

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