Ethernet market continues on the upswing

PROFINET nodes have started to replace conventional Fieldbus technology PROFIBUS in industrial automation.

The global industrial Ethernet market is expected to grow at a CAGR of more than 15% during the next four years.
The global industrial Ethernet market is expected to grow at a CAGR of more than 15% during the next four years.

The worldwide industrial Ethenet market is expected to grow at a CAGR of more than 15% during the next four years, according to a report from Technavio.

Entitled “Global Industrial Ethernet Market 2016-2020,” the research report provides an analysis of revenue and emerging market trends, and  categorizes the global industrial Ethernet market into the following segments:

  • Ethernet/IP
  • PROFINET
  • EtherCAT
  • TCP/IP
  • POWERLINK
  • Others.

Four independent organizations collaborated to develop and promote Ethernet/IP in factory automation and control : ODVA (the partnership between Rockwell Automation, Schneider Electric, Endress+Hauser and other automation companies); the Industrial Open Ethernet Association (IOANA); Control Net International (CNI); and the Industrial Ethernet Association (IEA). The goals of these groups are to foster Ethernet/IP implementation and provide awareness about Ethernet/IP standards that are suitable for a variety of automation devices. These groups manage the development of Ethernet/IP technologies and assist manufacturers with tools, training and marketing activities.

In 2015, approximately three million devices operating on PROFINET were purchased in the global industrial automation market. In December 2015, the total number of devices operating globally on PROFINET was 12.9 million, which represents a 30% increase in the installed base over the previous year. IO-Link has seen the highest increase in 2015 with 63% growth over the previous year. The total number of installed IO-Link devices operating on PROFINET is approximately 3.6 million.

According to Bharath Kanniappan, a lead analyst at Technavio for research on autoamtion, “The number of nodes for PROFINET is predicted to increase during the forecast period, as it has started to replace conventional fieldbus technology PROFIBUS in industrial automation.”

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