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INDUSTRIAL MULTIPROTOCOL GATEWAYS

Global Market Trajectory & Analytics

MCP12648

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993

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199

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  •  DATE

    JULY 2020

  •  TABLES

    36

  •  PAGES

    112

  •  EDITION

    7

  •  PRICE

    USD $4950


COVID-19 IMPACT SURVEY
Amid the COVID-19 crisis, the global market for Industrial Multiprotocol Gateways estimated at US$216.6 Million in the year 2020, is projected to reach a revised size of US$521.9 Million by 2027, growing at a CAGR of 13.4% over the period 2020-2027.Process Industry, one of the segments analyzed in the report, is projected to grow at a 13.9% CAGR to reach US$381.7 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Discrete Industry segment is readjusted to a revised 12% CAGR for the next 7-year period. This segment currently accounts for a 29.2% share of the global Industrial Multiprotocol Gateways market.
The Industrial Multiprotocol Gateways market in the U.S. is estimated at US$64 Million in the year 2020. The country currently accounts for a 29.54% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$90.8 Million in the year 2027 trailing a CAGR of 12.9% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.9% and 11.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.7% CAGR while Rest of European market (as defined in the study) will reach US$90.8 Million by the year 2027.We bring years of research experience to this 7th edition of our report. The 112-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others, ABB Group; Advantech Co., Ltd.; ASUSTeK Computer, Inc.; HMS Industrial Networks; Honeywell International, Inc.; Moxa, Inc.
» End-Use (Process Industry, Discrete Industry)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

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