Industrial PROFIBUS Market 2017 Size, Share, Growth and Demand Forecast to 2021 By Radiant Insights


The report covers the present scenario and the growth prospects of the global industrial profibus market for 2017-2021. To calculate the market size, the report considers sales of new installed PROFIBUS nodes in industrial applications.

PROFIBUS is a fieldbus that is used to connect field devices at the plant level and communicate data between field devices and control systems at the enterprise level. A PROFIBUS solution for a certain industry sector is implemented by combining suitable modules such as PROFIBUS PA for process automation, PROFIBUS DP for factory automation, PROFIdrive for motion controls, and PROFIsafe for safety applications. The communication technology used for PROFIBUS is PROFIBUS DP.

Radiant Insights analysts forecast the global industrial profibus market to grow at a CAGR of 5.73% during the period 2017-2021.

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The market is divided into the following segments based on geography: 
• Americas

Global Industrial PROFIBUS Market 2017-2021, 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 
• Emerson Electric
• Rockwell Automation
• Siemens
• Texas Instruments

Other prominent vendors 
• Alstom
• Applied Materials
• Flowserve
• Fuji Electric
• General Electric
• Hitachi
• Honeywell International
• Invensys
• Mitsubishi Electric
• Robert Bosch

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Market driver 
• Hybrid factor enabling sustainability of PROFIBUS in both discrete and process industries
• For a full, detailed list, view our report

Market challenge 
• Transition to more Ethernet-based protocols
• For a full, detailed list, view our report

Market trend 
• Emergence of linking devices between Ethernet IP and PROFIBUS
• 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?

About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

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