Industrial Communication Market Opportunities & Prominent Trends 2025

Industrial Communication Market Opportunities & Prominent Trends 2025

The industrial communication market research study is a detailed document that presents a gist of the global industry space in terms of numerous parameters. Some of these falls along the likes of the industry insights, growth drivers, industry segmentation, and trends worldwide. Also included in the research report is information pertaining to the companies partaking in the market share and the information pertaining to the regulatory norms that impact the commercialization landscape of this vertical.

The advent of the fourth industrial revolution has commendably transformed industrial communication market outlook. The Internet of Things (IoT) and robotics have played major roles in industrially transforming manufacturing systems, with the introduction of digital ecosystems. Automation undeniably, has helped market trends to thrive and has advanced the operational work process across numerous sectors. To increase efficiency and productivity in organizations and encourage smart manufacturing, industrial IoT is rapidly being adopted by companies, propelling market outlook.

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In modern industrial processes, the amount of data generated by sensors embedded in machine tools, cloud-based solutions and business management is continuously increasing. IIoT platforms have started to replace MES and related applications, including production maintenance, quality, and inventory management, which are a mix of Information Technology (IT) and Operations Technology (OT).

Industry 4.0 will help make smart machines smarter, factories more efficient, processes less wasteful, production lines more flexible and productivity higher which will redefine new phase of industrialization. Industrial communication market is being positioned to witness unprecedented growth owing to the increasing adoption of IIoT and advent of Industry 4.0.

The increasing degree of robotization and automation in industries has further accelerated the adoption of advanced technologies and added impetus to industrial communication market. In 2018, a new record high of 384,000 units of industrial robots were shipped globally with an increased annual sales volume for the sixth time in a row (2013-2018). In 2019, 30% of commercial service robotic applications have been predicted to be leased which will in turn help to increase market share.

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Industrial communication market is being driven by robotization trends in industries in the emerging economies of the APAC region. Moreover, the increasing adoption of the industry 4.0 revolution further augments the prospects for the market. Asia Pacific market size is forecast to grow at a CAGR of more than 12% over 2019-2025.

Besides APAC region, robot sales in the U.S. have also significantly helped to expand industrial communication market. Robot sales in the United States has been recorded to hit a new peak of almost 38,000 units, setting a record for the eighth year in a row from 2010 to 2018. Robot density in the U.S. manufacturing industry reached 200 robots per 10,000 employees by 2018. Increasing rate of robotization and robot density will drive the market substantially.

Some other participants in the market include ACS Motion Control, Advanced Motion Control, ADVANTECH, Beckhoff Automation, Belden etc.

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