Industrial Multiprotocol Gateways Market Size, Segments, and Growth by 2031

MARKET INTRODUCTION

Industrial multiprotocol gateways are the gateways with the ability to communicate through multiple communication protocols such as Ethernet/IP, Ethernet Powerlink, Ether CAT, SERCOS, LoRa, BT, Wi-Fi, and PROFINET. Rising development of new generation IoT gateways with an improved level of overall system responsiveness is positively impacting the growth of the market. Furthermore, increasing automation in the industries is rising demand for the gateways which propels the growth of the industrial multiprotocol gateways market.

MARKET DYNAMICS

Increasing the development of system-on-chip (SOC) for multiprotocol communication is the key factor driving the industrial multiprotocol gateways market growth. However, the use of traditional mechanisms may hamper the growth of the industrial multiprotocol gateways market. Moreover, increasing adoption IoT (Internet of Things) technology is growing prominence of IoT gateways is expected to drive the growth of the industrial multiprotocol gateways market during the forecast period.

MARKET SCOPE

The "Global Industrial Multiprotocol Gateways Market Analysis to 2031" is a specialized and in-depth study of the Industrial multiprotocol gateways industry with a special focus on the global market trend analysis. The report aims to provide an overview industrial multiprotocol gateways market with detailed market segmentation by application, end-user, and geography. The global industrial multiprotocol gateways market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Industrial multiprotocol gateways market players and offers key trends and opportunities in the industrial multiprotocol gateways market.

MARKET SEGMENTATION

The global industrial multiprotocol gateways market is segmented on the basis of application, end-user. On the basis of application the market is segmented as remote monitoring, product optimization, preventive maintenance. On the basis of end-user the market is segmented process industries, discrete industries.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Industrial multiprotocol gateways market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The industrial multiprotocol gateways market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting industrial multiprotocol gateways market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the industrial multiprotocol gateways market in these regions.

MARKET PLAYERS

The reports cover key developments in the industrial multiprotocol gateways market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Industrial multiprotocol gateways market are anticipated to lucrative growth opportunities in the future with the rising demand for Industrial multiprotocol gateways in the global market. Below mentioned is the list of few companies engaged in the industrial multiprotocol gateways market.

The report also includes the profiles of key industrial multiprotocol gateways companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•  ABB
  
•  Advantech Co., Ltd.
  
•  Atop Technologies
  
•  HMS Networks
  
•  Honeywell International Inc.
  
•  Mindtree Limited
  
•  Moxa Inc.
  
•  Multi-Tech Systems, Inc.
  
•  SoftPLC Corporation
  
•  Texas Instruments Incorporated
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Industrial Multiprotocol Gateways Report Scope