The North America Industrial Communication Market would witness market growth of 7.0% CAGR during the forecast period (2022-2028).
These networks, can either be LANs (Local Area Networks), used in a specific area or WANs (Wide Area Networks, utilized as a global system, are able to transmit massive volumes of data using a finite number of channels. Various communication protocols between digital controllers, field devices, various automation-related software tools, as well as external systems, were also implemented as a result of industrial networking.
The trend nowadays is toward OSI (Open Systems Interconnection) standards, which allow for interconnecting and communicating any pair of automation devices reliably regardless of the manufacturer as the industrial automation systems get complicated and vast with more automation devices on the control floor. Because it offers multidrop communication capability, which results in cost-effective & cable-saving communication, Fieldbus technology is now dictating the automation field due to improvements in digital technology. Industrial communication networks are important industrial control systems.
Automation or process control technologies are being more widely used in a variety of industries, mostly in North American countries like the United States, including the automotive, aerospace, food & beverage, and oil & gas sectors. Automation lowers the amount of manual labor necessary, boosting throughout rates and assuring minimal human involvement. The need for industrial ethernet connections in North America is projected to increase as the importance of automating various production processes grows.
The US market dominated the North America Industrial Communication Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $5,470.4 million by 2028. The Canada market is poised to grow at a CAGR of 9.5% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 8.5% during (2022 - 2028).
Based on Offering, the market is segmented into Components (Switches, Controllers & Connectors, Routers & WAP, Gateways, Communication Interfaces & Converters, Power Supply Devices, and Others), Software, and Services. Based on Communication Protocol, the market is segmented into Industrial Ethernet, Fieldbus, and Wireless. Based on Vertical, the market is segmented into Automotive, Electrical & Electronics, Aerospace & Defense, Chemicals & Fertilizers, Pharmaceuticals & Medical Devices, Metals & Mining, Power & Energy, Food & Beverages, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Industrial Communication Market is Estimated to reach $28 Billion by 2028, at a CAGR of 8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Siemens AG, ABB Group, Schneider Electric SE, Sick AG, Rockwell Automation, Inc., Advantech Co., Ltd., Belden, Inc., Omron Corporation, and Huawei Technologies Co. Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Offering
- Components
- Switches
- Controllers & Connectors
- Routers & WAP
- Gateways
- Communication Interfaces & Converters
- Power Supply Devices
- Others
- Software
- Services
By Communication Protocol
- Industrial Ethernet
- Fieldbus
- Wireless
By Vertical
- Automotive
- Electrical & Electronics
- Aerospace & Defense
- Chemicals & Fertilizers
- Pharmaceuticals & Medical Devices
- Metals & Mining
- Power & Energy
- Food & Beverages
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Cisco Systems, Inc.
- Siemens AG
- ABB Group
- Schneider Electric SE
- Sick AG
- Rockwell Automation, Inc.
- Advantech Co., Ltd.
- Belden, Inc.
- Omron Corporation
- Huawei Technologies Co. Ltd.
TABLE 1 North America Industrial Communication Market, 2018 - 2021, USD Million
TABLE 2 North America Industrial Communication Market, 2022 - 2028, USD Million
TABLE 3 North America Industrial Communication Market by Offering, 2018 - 2021, USD Million
TABLE 4 North America Industrial Communication Market by Offering, 2022 - 2028, USD Million
TABLE 5 North America Components Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Components Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Industrial Communication Market by Components Type, 2018 - 2021, USD Million
TABLE 8 North America Industrial Communication Market by Components Type, 2022 - 2028, USD Million
TABLE 9 North America Switches Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Switches Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Controllers & Connectors Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Controllers & Connectors Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Routers & WAP Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Routers & WAP Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Gateways Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Gateways Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Communication Interfaces & Converters Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Communication Interfaces & Converters Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Power Supply Devices Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Power Supply Devices Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Software Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Software Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Services Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Services Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Industrial Communication Market by Communication Protocol, 2018 - 2021, USD Million
TABLE 28 North America Industrial Communication Market by Communication Protocol, 2022 - 2028, USD Million
TABLE 29 North America Industrial Ethernet Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Industrial Ethernet Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Fieldbus Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Fieldbus Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Wireless Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Wireless Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Industrial Communication Market by Vertical, 2018 - 2021, USD Million
TABLE 36 North America Industrial Communication Market by Vertical, 2022 - 2028, USD Million
TABLE 37 North America Automotive Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Automotive Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Electrical & Electronics Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Electrical & Electronics Market by Country, 2022 - 2028, USD Million
TABLE 41 North America Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 42 North America Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 43 North America Chemicals & Fertilizers Market by Country, 2018 - 2021, USD Million
TABLE 44 North America Chemicals & Fertilizers Market by Country, 2022 - 2028, USD Million
TABLE 45 North America Pharmaceuticals & Medical Devices Market by Country, 2018 - 2021, USD Million
TABLE 46 North America Pharmaceuticals & Medical Devices Market by Country, 2022 - 2028, USD Million
TABLE 47 North America Metals & Mining Market by Country, 2018 - 2021, USD Million
TABLE 48 North America Metals & Mining Market by Country, 2022 - 2028, USD Million
TABLE 49 North America Power & Energy Market by Country, 2018 - 2021, USD Million
TABLE 50 North America Power & Energy Market by Country, 2022 - 2028, USD Million
TABLE 51 North America Food & Beverages Market by Country, 2018 - 2021, USD Million
TABLE 52 North America Food & Beverages Market by Country, 2022 - 2028, USD Million
TABLE 53 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 54 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 55 North America Industrial Communication Market by Country, 2018 - 2021, USD Million
TABLE 56 North America Industrial Communication Market by Country, 2022 - 2028, USD Million
TABLE 57 US Industrial Communication Market, 2018 - 2021, USD Million
TABLE 58 US Industrial Communication Market, 2022 - 2028, USD Million
TABLE 59 US Industrial Communication Market by Offering, 2018 - 2021, USD Million
TABLE 60 US Industrial Communication Market by Offering, 2022 - 2028, USD Million
TABLE 61 US Industrial Communication Market by Components Type, 2018 - 2021, USD Million
TABLE 62 US Industrial Communication Market by Components Type, 2022 - 2028, USD Million
TABLE 63 US Industrial Communication Market by Communication Protocol, 2018 - 2021, USD Million
TABLE 64 US Industrial Communication Market by Communication Protocol, 2022 - 2028, USD Million
TABLE 65 US Industrial Communication Market by Vertical, 2018 - 2021, USD Million
TABLE 66 US Industrial Communication Market by Vertical, 2022 - 2028, USD Million
TABLE 67 Canada Industrial Communication Market, 2018 - 2021, USD Million
TABLE 68 Canada Industrial Communication Market, 2022 - 2028, USD Million
TABLE 69 Canada Industrial Communication Market by Offering, 2018 - 2021, USD Million
TABLE 70 Canada Industrial Communication Market by Offering, 2022 - 2028, USD Million
TABLE 71 Canada Industrial Communication Market by Components Type, 2018 - 2021, USD Million
TABLE 72 Canada Industrial Communication Market by Components Type, 2022 - 2028, USD Million
TABLE 73 Canada Industrial Communication Market by Communication Protocol, 2018 - 2021, USD Million
TABLE 74 Canada Industrial Communication Market by Communication Protocol, 2022 - 2028, USD Million
TABLE 75 Canada Industrial Communication Market by Vertical, 2018 - 2021, USD Million
TABLE 76 Canada Industrial Communication Market by Vertical, 2022 - 2028, USD Million
TABLE 77 Mexico Industrial Communication Market, 2018 - 2021, USD Million
TABLE 78 Mexico Industrial Communication Market, 2022 - 2028, USD Million
TABLE 79 Mexico Industrial Communication Market by Offering, 2018 - 2021, USD Million
TABLE 80 Mexico Industrial Communication Market by Offering, 2022 - 2028, USD Million
TABLE 81 Mexico Industrial Communication Market by Components Type, 2018 - 2021, USD Million
TABLE 82 Mexico Industrial Communication Market by Components Type, 2022 - 2028, USD Million
TABLE 83 Mexico Industrial Communication Market by Communication Protocol, 2018 - 2021, USD Million
TABLE 84 Mexico Industrial Communication Market by Communication Protocol, 2022 - 2028, USD Million
TABLE 85 Mexico Industrial Communication Market by Vertical, 2018 - 2021, USD Million
TABLE 86 Mexico Industrial Communication Market by Vertical, 2022 - 2028, USD Million
TABLE 87 Rest of North America Industrial Communication Market, 2018 - 2021, USD Million
TABLE 88 Rest of North America Industrial Communication Market, 2022 - 2028, USD Million
TABLE 89 Rest of North America Industrial Communication Market by Offering, 2018 - 2021, USD Million
TABLE 90 Rest of North America Industrial Communication Market by Offering, 2022 - 2028, USD Million
TABLE 91 Rest of North America Industrial Communication Market by Components Type, 2018 - 2021, USD Million
TABLE 92 Rest of North America Industrial Communication Market by Components Type, 2022 - 2028, USD Million
TABLE 93 Rest of North America Industrial Communication Market by Communication Protocol, 2018 - 2021, USD Million
TABLE 94 Rest of North America Industrial Communication Market by Communication Protocol, 2022 - 2028, USD Million
TABLE 95 Rest of North America Industrial Communication Market by Vertical, 2018 - 2021, USD Million
TABLE 96 Rest of North America Industrial Communication Market by Vertical, 2022 - 2028, USD Million
TABLE 97 Key Information – Cisco Systems, Inc.
TABLE 98 Key Information – Siemens AG
TABLE 99 Key Information – ABB Group
TABLE 100 Key information – Schneider Electric SE
TABLE 101 Key Information – Sick AG
TABLE 102 Key information – Rockwell Automation, Inc.
TABLE 103 Key Information – Advantech Co., Ltd.
TABLE 104 key information – Belden, Inc.
TABLE 105 Key Information – Omron Corporation
TABLE 106 key information – Huawei Technologies Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Cisco Systems, Inc.
FIG 3 SWOT Analysis: Cisco Systems, Inc.
FIG 4 Swot analysis: Siemens AG
FIG 5 SWOT Analysis: ABB Group
FIG 6 Swot analysis: Schneider Electric SE
FIG 7 SWOT Analysis: Sick AG
FIG 8 SWOT Analysis: Rockwell Automation, Inc.
FIG 9 Recent strategies and developments: Belden, Inc.
FIG 10 SWOT Analysis: Omron Corporation