Industrial PROFINET Market, Global Outlook and Forecast 2023-2029
PROFINET (acronym for Process Field Net) is an industry technical standard for data communication over Industrial Ethernet, designed for collecting data from, and controlling, equipment in industrial systems, with a particular strength in delivering data under tight time constraints (on the order of 1ms or less). The standard is maintained and supported by Profibus & Profinet International, an umbrella organization headquartered in Karlsruhe, Germany.
This report aims to provide a comprehensive presentation of the global market for Industrial PROFINET, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial PROFINET. This report contains market size and forecasts of Industrial PROFINET in global, including the following market information:
Global Industrial PROFINET Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Industrial PROFINET market was valued at US$ 2315.9 million in 2022 and is projected to reach US$ 3397.4 million by 2029, at a CAGR of 5.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Interfacing to peripherals is implemented by PROFINET IO. It defines the communication with field connected peripheral devices. Its basis is a cascading real-time concept. PROFINET IO defines the entire data exchange between controllers (devices called "IO-Controller") and the devices (devices called "IO-Devices"), as well as parameter setting and diagnosis.
We surveyed the Industrial PROFINET companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Industrial PROFINET Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Industrial PROFINET Market Segment Percentages, by Type, 2022 (%)
Software
Hardware
Global Industrial PROFINET Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Industrial PROFINET Market Segment Percentages, by Application, 2022 (%)
Simple Control
High Speed Process
Others
Global Industrial PROFINET Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Industrial PROFINET Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Industrial PROFINET revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Industrial PROFINET revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
CISCO
HMS
Moxa
Siemens
ABB (B&R Automatio)
Beckhoff Automation
ProSoft Technology
Schneider Electric
Pepperl+Fuchs
Advantech
Softing
Phoenix Contact
Outline of Major Chapters:
Chapter 1: Introduces the definition of Industrial PROFINET, market overview.
Chapter 2: Global Industrial PROFINET market size in revenue.
Chapter 3: Detailed analysis of Industrial PROFINET company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Industrial PROFINET in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
