Ethernet Components Market Forecast to Continue to Grow

  Enquire / contact me

Market grew by 7.1% to reach $1.48 billion in 2014

Ethernet Components Market Forecast to Continue to Grow
Ethernet Components Market Forecast to Continue to Grow

The world market for industrial Ethernet infrastructure components was estimated to be worth nearly $1.38 billion in 2013 and grew by 7.1% to reach $1.48 billion in 2014, according to a new report published by IHS. The research for the report was carried out during 2014 and was based on data supplied by international manufacturers and suppliers of the principal products used to construct industrial Ethernet networks.

The average revenue growth is believed to have been greater than for factory automation in general, but manufacturers interviewed for the study reported considerable variation in their sales revenues in both 2013 and 2014. This reflects how the market is highly influenced by individual projects, particularly in process industries where fluctuations in the capital expenditure that drives them can be severe, as they react to economic and political events.

IHS concluded that world revenues for the principal products analysed in the reports, which include gateways, switches, routers, wireless access points and connectors, will continue to grow at around an 8.6% compound annual growth rate (CAGR) from 2013 to 2018.

Posted on January 30, 2015 - (214 views)
by
Related articles
Five-year Sole Supply Agreement for ExxonMobil and Infinis
The Internet of Things Explained by a Professor
Safety Performance Products Range
Titan Enterprises Enters RS Components Flowmeters Catalogue
Power Entry Module DG11
Siemens Signed a Historic IoT Agreement with Alibaba
Basler AG Signed a Join Venture Agreement with Chinese Distributor Beijing Sanbao Xingye
Programmable Gateway and Universal I/O Module
Siemens and Evonik Announced their Technology Partnership
Differential Pressure Sensor EE600
Mercury: Mobile, multi-protocol diagnostics for all environments
System-based High Precision Linkages
Hannay Works Here
Sure Signs of Excellence: Top Notch Products Offering Added Value
HOT! Innovative Infrared Technology
Temperature Sensors in Stock for Immediate Worldwide Despatch
FANDIS' FF Series of Filter Fans
Sensing Innovation in Process and Control
Innovative Systems Solutions Made by LAPP
SAFETY? That's our top Priority