Global Industrial Ethernet Market to Grow 15.03% by 2020
Research and Markets has announced the addition of the"Global Industrial Ethernet Market 2016-2020" report to their offering. The report forecasts the global industrial Ethernet market to grow at a CAGR of 15.03% during the period 2016-2020. Increased use of Ethernet among machine and robot OEMs will be a major key trend for the market. Robot and machine OEMs are increasingly employing industrial networks to connect their controllers, distributed I/O, human machine interfaces (HMIs), instruments, and sensors to each other within a machine or a robot. Ethernet is becoming the network of choice for robots, machine OEMs, and end-users because of its ubiquity…