Industry news
Technology to spur Industrial Ethernet market expansion WITH EFFICIENT NETWORK INFRASTRUCTURE being installed across industrial settings, Global Market Insights, Inc. reports that the Industrial ethernet market is expected to procure commendable growth by 2026 in a new study, based on Industrial Ethernet enabling communication across enterprises. Industrial Ethernet offers the availability of scalable communication performance whenever necessary using switching technology, and also encompasses advanced capabilities like high speed and enhanced connectivity across distance as well as the ability to connect multiple nodes. Given to growing application and demand in the industrial sector, companies specializing in Industrial Ethernet products are developing advanced solutions and services. For example, in 2020, supplier of industrial communications equipment Advantech announced the launch of its latest series of 10G Industrial Ethernet switches that enable higher flexibility and bandwidth for heavy data transmission. In view of such advancements, Global Market Insights, Inc., reports that the industrial ethernet market may register over USD 100 billion by 2026. In terms of components, the Industrial Ethernet software segment is likely to record a CAGR of more than 20% over the forecasted timeframe. Industrial Ethernet software solutions also llow network management through the monitoring of Industrial Ethernet networks with different number of nodes. Through these solutions, multiple devices
SOURCE: GLOBAL MARKET INSIGHTS
Global Market Insights reports that the Industrial Ethernet market may expand to more $100 billion (USD) by 2026, based on Industrial Ethernet enabling more communications across enterprises.
Industrial Ethernet software segment is likely to record a CAGR over 20% over the forecasted timeframe.
can be configured at the same time. Industrial Ethernet diagnostic software solutions allow efficient topology recognition and support different devices including switches/hubs, WLAN devices, routers, as well as end devices. Noteworthy advancements in the electrical and electronics sector is slated to offer substantial boost to the industrial ethernet market in the upcoming years. The implementation of Industrial Ethernet has enabled the usage of latest networking products such as firewalls, routers, hubs, switches, and gateways. Geographically, the Europe Industrial Ethernet market is expected to hold over 25% of the global industry share during the
forecast period. Presence of major companies like Robert Bosch GmbH, ABB Ltd., and Siemens AG is offering a considerable impetus to the regional market. Firms in the region are working on innovative platform solutions could offer support to customers demanding for enhanced Industrial Ethernet. On a global scale, major companies operating in the industrial ethernet market are Rockwell Automation, Robert Bosch GmbH, Cisco Systems, Inc., Schneider Electric SE, and ABB Ltd. These organizations are focused on developing advanced, modern Industrial Ethernet components. Samikshya Borse, Global Market Insights.
Moxa partners with Xilinx on advanced TSN technology
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MOXA ANNOUNCED A COLLABORATION WITH Xilinx that focuses on development of timesensitive networking (TSN) technology to realize a truly unified network for industrial automation and mass customization. The collaboration holds promise for enhancing network flexibility and interoperability on different levels of a TSN system. Considered the new paradigm of industrial automation, TSN introduces deterministic, time-critical features on standard Ethernet and empowers the delivery of critical data to the right place at the right time in a converged and large-scale industrial network. The partners plan to showcase preliminary success of their collaboration with a demonstration of a unified Ethernet
infrastructure with guaranteed Quality of Service and in deterministic low-latency conditions. The promising features of TSN make it compelling for a variety of industries including semiconductor, automobile manufacturing, machinery, food and beverage, chemical, electric power generation, and more. However, each TSN application has its specific requirements, and a substantial gap exists between TSN standards and applicationspecific TSN systems. Because of this challenge, both Moxa and Xilinx want to fill the gap between the diverse TSN application requirements and TSN standards with the best possible real-time control and communications, advancing
TSN to create leading edge platforms and infrastructure for industrial automation. The TSN standards, like any popular industry standards, keep evolving, and most TSN implementations based on dedicated chipsets have limited future-proof capabilities to address customers’ needs. Xilinx’s FPGAs are designed to fix the flexibility issues brought by the ongoing evolution. The combination of adaptable, highperformance Xilinx FPGAs and Moxa’s TSN bridge solutions offer significant upgradability and reconfigurability to support the evolving standards and customer needs in the expansion of future applications. News report by Moxa and Xilinx.
in d u s t r ial et h er ne t b o o k
02.2021
