Industrial Communication Market
The global industrial communication market is classified based on the offering , end use applications , and communication protocol . The offering segment is further divided into components , software , and services . On the basis of communication protocol , the global market is classified as Field bus , industrial Ethernet , and wireless . By end-use application , the global industrial communication market can be divided into automotive & transportation , aerospace & defense , pharmaceutical , energy and power generation , water and wastewater , oil & gas , electrical and electronics , food & beverages , mining , and so on .
Global Industrial Communication Market : Growth Factors
The growth of the global industrial communication market can be attributed to the growing demand for industrial communication in applications such as electronics and automotive manufacturing . The technologies are expected to grow due to ever growing sharing of information , enhancing efficiency , increasing safety , and reducing downtime . Rising adoption of Internet of Thing ( IoT ) plays a significant role in the industrial communication market . Development in the machine-to-machine communication is also driving the growth of the global market . However , complexity due to different standards and different equipment by various manufacturers hinders the data collection and information flow and processes for the industrial communication market .
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Global Industrial Communication Market : Regional Analysis