Industrial Ethernet Cables Market Growing at 17.31% CAGR By 2020

ReportsnReports.com adds Global Industrial Ethernet Cables Market 2016-2020 latest research report; the analysts forecast global industrial ethernet cables industry to grow at a CAGR of 17.31% during the period 2016-2020.

July 6, 2017 /MarketersMedia/ —

Industrial ethernet cables market analyst says one of the key trends will be increasing availability of industrial Ethernet cable testers. The uses of cable testers in industrial Ethernet cable testing enhance cable longevity, utility, and efficiency, which acts as a good support system. This should inspire confidence among cable manufacturers and end-users, promoting increased incorporation of industrial Ethernet cables.

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According to the 2017 industrial ethernet cables market report, one of the key drivers will be increasing incorporation of Ethernet network redundancy. Network redundancy implies creating additional multiple data paths between multiple locations within a single network. In the event of an unprecedented router switch or industrial Ethernet cable failure, the other data path will be able to maintain communication and data flow. Hence, redundant system acts as an efficient prompt backup system that maintains network operations without any compromise due to unforeseen failures. It prevents scrap wastage, spoilage, or product damage due to plant process interruptions. In discrete manufacturing plants, some select areas have more need for redundancy and can rely on a single point redundancy protocol.

The following companies are the key players in the global industrial ethernet cables market: Belden, General Cable, Nexans, SAB Brockskes, and Siemon. Other prominent vendors in the market are: Alpha Wire, Anixter, B&B Electronics, Biadi, Datafield India, Fastlink, Gore, Harting, Hitachi Cable, L-com, Panduit, Polycab, Premium-Line Systems, Prysmian, Rockwell Automation, Schneider Electric, Siemens, Sumitomo Electric Industries, TE Connectivity, and Teldor Cables and systems.

Complete report on Industrial Ethernet Cables market spread across 101 pages, analyzing 5 major companies and providing 53 data exhibits are now available at http://www.reportsnreports.com/reports/650290-global-industrial-ethernet-cables-market-2016-2020.html .

Global Industrial Ethernet Cables Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This 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. This report covers the present scenario and the growth prospects of the global industrial Ethernet cables market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market.

Further, the industrial ethernet cables market report states that increased preference for wireless technology will be a challenge for the market. High installation costs and difficulty operating in hazardous and corrosive environments are some problems pertaining to industrial Ethernet cables. Hence, wireless technologies are now being preferred over industrial Ethernet cables, especially in non-critical industrial applications. These applications include mobile worker operations and applications, relaying remote data, and machine condition monitoring.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key industry trends?
What is driving this market?
What are the challenges to industry 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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