Global Fieldbus Solution Market for Process Industry 2014-2018

2014-07-23
Price :
Published : Jul-2014
No. of Pages : 63

A Fieldbus is a two-way communication digital network operating in physical, data and application layers of the OSI model. It is a control network used across process automation, enabling the field devices to be connected with the controller. Process industries across the globe are increasing using fieldbus incorporated measurement instruments and sensors in their production process. This reduces the need for point-to-point connection of the devices, and cables and wiring cost, leading to an overall reduction in operational and capital expenditure to the end-users.

TechNavio’s analysts forecast the Global Fieldbus Solution market for the Process Industry to grow at a CAGR of 13.78 percent over the period 2013-2018.

Covered in this Report

The Global Fieldbus Solution market for the Process Industry can be segmented into three technological segments: Foundation Fieldbus, Profibus PA, and Others.

TechNavio’s report, the Global Fieldbus Solution market for the Process Industry 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Americas, EMEA region, and APAC region; it also covers the Global Fieldbus Solution market for the Process Industry landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions

  • Americas
  • EMEA
  • APAC

Key Vendors

  • ABB Ltd.
  • Emerson Electric Co.
  • Endress + Hauser AG
  • Siemens AG

Other Prominent Vendors

  • Azbil Corp.
  • Eaton Corporation plc
  • Flowserve Corp.
  • Honeywell International, Inc
  • KROHNE Group
  • Metso Oyj
  • Pepperl+Fuchs GmbH
  • Rockwell Automation, Inc.
  • SAMSON AG
  • Schneider Electric SA
  • SMAR Equipamentos Industriais
  • VEGA Grieshaber KG
  • Yokogawa Electric Corp.

Market Driver

  • Reduction in capital and operational expenditure
  • For a full, detailed list, view our report.

Market Challenge

  • Increasing demand for industrial Ethernet
  • For a full, detailed list, view our report.

Market Trend

  • Development of advanced fieldbus system
  • For a full, detailed list, view our report.

Key Questions Answered in this Report

  • What will the market size be in 2018 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors
Filed in: Information Technology
Publisher : Technavio
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