We have an updated report [Version - 2023] available. Kindly sign up to get the sample of the report.

Global Industrial Routers Market - Size, Share, Trends, and Forecast to 2027

Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Global industrial routers market was valued at US$ 861.7 million in 2017 and is projected to reach US$ 1,689.6 million by 2025, according to a new market research report Global Industrial Routers Market Report, by Product Type (Wired & Wireless), by End Users (Railways, Oil & Gas, Maritime & Offshore, Water & Wastewater Treatment, Road Infrastructure, Energy, Manufacturing & Processing Industry, and Others) and by Geography.

Integration of IoT technology in various sectors such as manufacturing, aids in analysis of real- time data and autonomous decision-making, in turn increasing overall productivity. Therefore, increasing adoption of IoT is one of the major factor driving growth of the industrial routers market. For instance, according to Coherent Market Insights, in 2016, around 2,418.7 million units of IoT devices were deployed across businesses and it is projected to reach to around 7,552.4 million units by 2020. Hence, increasing adoption of internet connected devices in various industries have accelerated demand for industrial routers worldwide.

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/industrial-routers-market-603

Browse 300 market data tables* and 50 figures* on ""Industrial Routers Market" - Global forecast to 2025.

Key Trends and Analysis of Industrial Routers Market:

On the basis of product type, the wireless segment is expected to grow with the highest CAGR of 9.2% over the forecast period. Wireless industrial routers provide various advantages such as cost effectiveness, easy installation, and mobility, which increases its adoption by various industries. Increasing adoption of advance technologies such as Internet of Things and M2M communication technology, in order to increase productivity, reduce maintenance cost, generate real-time data, and remote monitor have accelerated demand for wireless industrial routers in various industries such as manufacturing.
On the basis of end user, manufacturing and processing segment is expected to grow with the highest CAGR with 9.3% over the forecast period. Increasing adoption of Internet of Things technology in the manufacturing industry is propelling demand for industrial routers. Increasing integration of IoT technology helps machines and devices to analyze data in real time. This helps machines to make autonomous decisions in real-time, thus increasing the overall productivity. Moreover, increasing adoption of machine to machine communication in various manufacturing industries helps to reduce maintenance costs and improve production efficiency. This in turn, is boosting the demand for machine to machine technology, in turn fueling demand for industrial routers in this segment.
Key Takeaways of the Market:

The Asia Pacific region is expected to grow with the highest CAGR of 9.4% over the forecast period. Increasing automotive production, semi-conductor devices production, and steel manufacturing in Asia Pacific is expected to lead to increasing adoption of wired industrial routers over the forecast period. According to Coherent Market Insights' analysis, in 2016, China, Japan, and South Korea accounted for around 44% share of the global vehicle production. Industrial routers are compact and rugged in design, which makes it ideal for use in vehicles such as buses, ambulances, emergency vehicles, cars, trucks, and taxis for delivering applications such as IP-CCTV, telemetry, fleet tracking services, passenger WiFi internet access, and mobile digital signage. This is expected to aid in growth of the market over the forecast period.
The major players operating in the global Industrial routers market include Juniper Networks, Inc., Netgear Inc., ZTE Corporation, Cisco Systems, Inc., Inseego Corporation, Dell Technologies, Inc., Micromax Technology, Ericsson, Inc., TP-Link Technologies Co., Ltd, Alcatel-Lucent Enterprises, Huawei Technologies Co., Ltd., and Advantech Co., Ltd



Choose License Type

Happy To Assist You

Contact Images

We will be happy to help you find what you need. Please call us or write to us:

Frequently Asked Questions

This report incorporates the analysis of factors that augments the market growth. Report presents competitive landscape of the global market. This also provides the scope of different segments and applications that can potentially influence the market in the future. The analysis is based on current market trends and historic growth data. It includes detailed market segmentation, regional analysis, and competitive landscape of the industry.
The report efficiently evaluates the current market size and provides industry forecast. The market was valued at xxx Million US$ in 2019, and is expected to grow at a CAGR of xx% during the period 2020-2027.
The report efficiently evaluates the current market size and provides forecast for the industry in terms of Value (US$ Mn) and Volume (Thousands Units).
  • Types
  • Applications
  • Technology
  • End-use Industries
  • Regions
The report share key insights on the following:
  • Current market size
  • Market forecast
  • Market opportunities
  • Key drivers and restraints
  • Regulatory scenario
  • Industry trend
  • Pestle analysis
  • Porter’s analysis
  • New product approvals/launch
  • Promotion and marketing initiatives
  • Pricing analysis
  • Competitive landscape
It helps the businesses in making strategic decisions.
Customization helps the organization to gain insight on specific segments and regions of interest. Thus, WMR offers tailored report information based on business requirement in order to take strategic calls.
Contact us

mapicon
Sales Office (U.S.):
Worldwide Market Reports, 533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States

mapicon+1-415-871-0703

mapicon
Asia Pacific Intelligence Center (India):
Worldwide Market Reports, 403, 4th Floor, Bremen Business Center, Aundh, Pune, Maharashtra 411007, India.

Newsletter

Want us to send you latest updates of the current trends, insights, and more, signup to our newsletter (for alerts, special offers, and discounts).


Secure Payment By:
paymenticon

This website is secured Origin CA certificate on the server, Comodo, Firewall and Verified Sitelock Malware Protection

secureimg

© 2024 Worldwide Market Reports. All Rights Reserved