Global Fieldbus Solutions Market for Process Industry 2016-2020 - New Study Released

From: Fast Market Research, Inc.
Published: Mon May 23 2016

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.

Full Report Details at

Technavio's 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

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
* Metso Oyi
* Pepperl+Fuchs
* Rockwell Automation
* 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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: ABB, Emerson Electric, Endress+Hauser, Schneider Electric, Siemens, Azbil, Eaton, Flowserve, KROHNE, Metso Oyi, Pepperl+Fuchs, Rockwell Automation, SAMSON, SMAR Industrial Automation, VEGA Grieshaber, Yokogawa Electric

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