Industrial PROFIBUS Global Market by Solution, Opportunities, Analysis and Forecasts to 2023
ReportsWeb.com published “Industrial PROFIBUS Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
(EMAILWIRE.COM, October 06, 2017 ) According to Publisher, 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.
For more information @ http://www.reportsweb.com/industrial-profibus-global-market-outlook-2017-2023
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.
Solutions Covered:
-PROFIsafe
-PROFIBUS DP
-PROFIdrive
-PROFIBUS PA
End Users Covered:
-Automotive
-Water and wastewater
-Oil & Gas
-Power
Request Sample Copy http://www.reportsweb.com/inquiry&RW00011117652/sample
Regions Covered:
-North America
o US
o Canada
o Mexico
-Europe
o Germany
o U.K.
o Italy
o France
o Spain
o Rest of Europe
-Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
-South America
o Argentina
o Brazil
o Chile
o Rest of South America
-Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
Make an enquiry: http://www.reportsweb.com/inquiry&RW00011117652/buying
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.
For more information @ http://www.reportsweb.com/industrial-profibus-global-market-outlook-2017-2023
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.
Solutions Covered:
-PROFIsafe
-PROFIBUS DP
-PROFIdrive
-PROFIBUS PA
End Users Covered:
-Automotive
-Water and wastewater
-Oil & Gas
-Power
Request Sample Copy http://www.reportsweb.com/inquiry&RW00011117652/sample
Regions Covered:
-North America
o US
o Canada
o Mexico
-Europe
o Germany
o U.K.
o Italy
o France
o Spain
o Rest of Europe
-Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
-South America
o Argentina
o Brazil
o Chile
o Rest of South America
-Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
Make an enquiry: http://www.reportsweb.com/inquiry&RW00011117652/buying
Contact Information:
ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
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ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results