Report Sellers has added a new market research report “Industrial PROFIBUS - Global Market Outlook (2017-2023)” to its offerings.
According to Report, the Global Industrial PROFIBUS Market is expected to grow at a CAGR of 6.8% during the forecast period. A process field bus is used to connect field devices at the plant level and communicate data between control systems and field devices at a project level. Industrial process field bus uses PROFIBUS DP as communication technology.
Factors such as growing acceptance of smart manufacturing techniques, high adoption of industry 4.0 and many hybrid factors enabling sustainability of PROFIBUS in both discrete and process industries are favoring the market growth. However, shift to more Ethernet-based protocols is one of the major challenges creating a hurdle in the market.
Based on solution, PROFIBUS PA is extensively adopted by many industries such as water and wastewater, oil and gas, food and beverage and power. It is specially used to work in harmful environments which made customers to choose this solution as it maintains the high criticality of process industries.
By end user, power industry is broadly relies on PROFIBUS because it provide preventive maintenance for instruments. This power industry is the largest end user segment because of PROFIBUS faster communication between automation systems and distributed peripherals.
Depending on geography, EMEA was the largest market share during the forecast period owing to existence of several industries such as oil and gas, power and automotive in this region.
Some of the key players in this market include Mitsubishi Electric, Hitachi, Fuji Electric, Applied Materials, Alstom, Robert Bosch, Invensys, General Electric, Flowserve, AMETEK, Texas Instruments, Rockwell Automation, ABB Group, Siemens AG and Emerson Electric Co.
Browse through the complete description and in-depth TOC on “Global Industrial PROFIBUS Market”
https://www.reportsellers.com/market-research-report/Industrial-PROFIBUS---Global-Market-Outlook-2017-2023
What does the Report Offers
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Report Scope
Global Industrial PROFIBUS Market has been segmented by solutions covered, end users covered and regions covered
Solutions Covered:
PROFIsafe
PROFIBUS DP
PROFIdrive
PROFIBUS PA
End Users Covered:
Automotive
Water and wastewater
Oil & Gas
Power
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
Request sample here https://www.reportsellers.com/market-research-report/Industrial-PROFIBUS---Global-Market-Outlook-2017-2023
We have a large number of reports in IT & Telecommunication Industry which can be accessed in the following link: https://www.reportsellers.com/category/it-telecommunication-market-research-report
About Report Sellers
Report Sellers is a premium market research service provider offering market reports in varied sectors. We have a team of experienced analysts and publishers who continuously track the latest trends in different industries. Report Sellers is a brand of global repute and offers the best suited research services to its clients globally in the most satisfying manner. We have a strong network of industry experts who have successfully delivered complex research assignments in niche and top markets.
For more information, contact
Aditya Joshi
Report Sellers
Email: sales@reportsellers.com
Direct: +1-214-396-2385
According to Report, the Global Industrial PROFIBUS Market is expected to grow at a CAGR of 6.8% during the forecast period. A process field bus is used to connect field devices at the plant level and communicate data between control systems and field devices at a project level. Industrial process field bus uses PROFIBUS DP as communication technology.
Factors such as growing acceptance of smart manufacturing techniques, high adoption of industry 4.0 and many hybrid factors enabling sustainability of PROFIBUS in both discrete and process industries are favoring the market growth. However, shift to more Ethernet-based protocols is one of the major challenges creating a hurdle in the market.
Based on solution, PROFIBUS PA is extensively adopted by many industries such as water and wastewater, oil and gas, food and beverage and power. It is specially used to work in harmful environments which made customers to choose this solution as it maintains the high criticality of process industries.
By end user, power industry is broadly relies on PROFIBUS because it provide preventive maintenance for instruments. This power industry is the largest end user segment because of PROFIBUS faster communication between automation systems and distributed peripherals.
Depending on geography, EMEA was the largest market share during the forecast period owing to existence of several industries such as oil and gas, power and automotive in this region.
Some of the key players in this market include Mitsubishi Electric, Hitachi, Fuji Electric, Applied Materials, Alstom, Robert Bosch, Invensys, General Electric, Flowserve, AMETEK, Texas Instruments, Rockwell Automation, ABB Group, Siemens AG and Emerson Electric Co.
Browse through the complete description and in-depth TOC on “Global Industrial PROFIBUS Market”
https://www.reportsellers.com/market-research-report/Industrial-PROFIBUS---Global-Market-Outlook-2017-2023
What does the Report Offers
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Report Scope
Global Industrial PROFIBUS Market has been segmented by solutions covered, end users covered and regions covered
Solutions Covered:
PROFIsafe
PROFIBUS DP
PROFIdrive
PROFIBUS PA
End Users Covered:
Automotive
Water and wastewater
Oil & Gas
Power
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
Request sample here https://www.reportsellers.com/market-research-report/Industrial-PROFIBUS---Global-Market-Outlook-2017-2023
We have a large number of reports in IT & Telecommunication Industry which can be accessed in the following link: https://www.reportsellers.com/category/it-telecommunication-market-research-report
About Report Sellers
Report Sellers is a premium market research service provider offering market reports in varied sectors. We have a team of experienced analysts and publishers who continuously track the latest trends in different industries. Report Sellers is a brand of global repute and offers the best suited research services to its clients globally in the most satisfying manner. We have a strong network of industry experts who have successfully delivered complex research assignments in niche and top markets.
For more information, contact
Aditya Joshi
Report Sellers
Email: sales@reportsellers.com
Direct: +1-214-396-2385
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