3 January 2019 –
The Global
Industrial Routers Market is expected to gain a significant CAGR
growth in the forthcoming period. Industrial routers are robust devices that
connect two or multiple systems or devices wherein transmission of information
is limited to the required ports. Technically, entire transmission is due to a
gateway for transfer of communication protocols between standard wired and
wireless network. Processor is of high capacity and on-chip memory capacity
over a specified cache.
Driving factors responsible for the growth of industrial
routers market includes extensive use of industrial routers in various sectors
such as energy generation, gas, and waste and water treatment for monitoring of
inventories, production modules and timely delivery of finished products.
Additionally, emphasis of business enterprises and organizations towards IoT is
gaining positive traction, thus contributing to the growth of this market.
Moreover, rise of automation and automated devices exhibiting artificial
intelligence to enhance processes simultaneously with end results.
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Based on segmentation by product, the industrial routers
market includes wired and wireless. Based on segmentation by end-use, this
market includes railways, maritime & offshore, oil & gas, water &
wastewater treatment, energy, roads, manufacture & process industries.
Geographically, industrial routers industry spans North
America, Latin America, Europe, Asia-Pacific, Middle-East and Africa. APAC
market dominates the industry owing to huge presence of multinational business
in these regions for low cost manufacturing and heavy potential of consumers
leading to increased commercial activities. Presence of industries such as
automotive, food & beverages, electronics & semiconductor industries in
China, Japan, India & South Korea. European market is also expected to gain
a positive traction in the forthcoming period owing to consistent demand in the
forthcoming period. North American market is also expected to witness a high
demand resulting into growth in the forthcoming period.
The key players in the industrial routers market include
Alcatel-Lucent, Huawei Technologies, Cisco, Advantech, Juniper Networks,
Ericsson, Dell, and HP. The profile of industrial players comprises
considerable dominance owing to fast, secure and high performance product
development at reasonable costs.
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Market Segment:
Key Applications
•
Construction
•
Power Industry
•
Transportation
•
Oil and Gas
•
Other
Key Regions
·
North America
·
Europe
·
Asia Pacific
·
Middle East and Africa
·
South America
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