Consumer Goods

Global Fieldbus Solutions Market for Process Industry 2016-2020

  • TEC571674
  • 53 Pages
  • May 2016
  • Consumer Goods
About the Fieldbus Solution Market for Process Industry

Fieldbus refers to a two-way communication digital network that uses physical data and application layers of the open systems interconnection (OSI) model. It is a control network used for process automation, which connects field devices with controller. Process industries worldwide are increasingly using Fieldbus-incorporated measurement instruments and sensors.
Especially, when a company uses automation solutions such as DCS or PLC, the Fieldbus solution provides the plant with streamlined communication protocol. This helps the company to carry out repairs on time and reduce downtime.

Technavios analysts forecast the Global Fieldbus Solution Market for Process Industry to grow at a CAGR of 8.44% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the Global Fieldbus Solution Market for Process Industry for 2016-2020. To calculate the market size, the report considers the revenue from the sales of the Fieldbus types: PROFIBUS, Modbus, DeviceNet, AS-i, and serial real-time communication system (SERCOS).
The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Fieldbus Solution Market for Process Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. 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.

Key vendors
ABB, Emerson Electric
Endress+Hauser
Schneider Electric
Siemens

Other prominent vendors
Azbil
Eaton
Flowserve
KROHNE
Metso Oyi
Pepperl+Fuchs
Rockwell Automation
SAMSON
SMAR Industrial Automation
VEGA Grieshaber
Yokogawa Electric

Market driver
High investment in process industry
For a full, detailed list, view our report

Market challenge
Interoperability issues in Fieldbus
For a full, detailed list, view our report

Market trend
Emergence of new and innovative Fieldbus
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 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?

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