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US Fieldbus Solutions Market for Process Industry 2018-2022 with ABB, Emerson Electric, Honeywell, Rockwell Automation, Schneider Electric, and Siemens Dominating - ResearchAndMarkets.comThe "Fieldbus Solutions Market for Process Industry in the US 2018-2022" report has been added to ResearchAndMarkets.com's offering. The fieldbus solutions market for process industry in the US to grow at a CAGR of 4.34% during the period 2018-2022. The latest trend gaining momentum in the market is real-time communications through hybrid wired/wireless fieldbus protocol. Rising adoption of automation systems and the need for mobile devices to control various operations in remote locations. The fieldbus system used in the industrial communication segment requires wireless technology. This in turn, encourages a large number of vendors to come up with hybrid wired and wireless communication for distributed computer-controlled systems (DCCS), that are based on fieldbus networks. One of the major drivers for this market is benefits of fieldbus technology for various end-users. This technology provides flexible structures with fewer components an accurate bidirectional communication of values. The current standard of manufacturing industries such as the process industry is adopting distributed automation solutions based on fieldbus solutions. Moreover, fieldbus technology also provides manufacturers with accurate data about the state of the field devices and their progress. One of the major factors hindering the growth of this market is increasing preference for Ethernet among industrial end-users. Industrial ethernet is a local area network (LAN), which helps in connecting operating devices in the industry to a single control system through cables. The major factors driving the market for industrial Ethernet are IIoT and increasing rate of implementing automation in industries. Also, it is rapidly gaining popularity among the industry owners. Key Vendors Other Prominent Vendors
For more information about this report visit https://www.researchandmarkets.com/research/5nsxdv/us_fieldbus?w=4 View source version on businesswire.com: http://www.businesswire.com/news/home/20180117006287/en/ |
