Industrial Networks Keep Growing Despite Challenging Times

Every year, HMS Networks analyzes the industrial network market to estimate the distribution of new connected nodes in factory automation. This year’s study shows that the industrial network market is expected to grow by 8% in 2022. Industrial Ethernet still shows the highest growth and now accounts for 66% of all newly installed nodes (65% last year). Fieldbuses are at 27% (28) while wireless remains at 7% market share. PROFINET and EtherNet/IP share first place in the network rankings with 17% market share, but EtherCAT closes in fast, now at 11%. HMS Networks now presents its annual analysis of the industrial network market, focusing on newly installed nodes within factory automation globally. As an independent supplier of solutions within Industrial ICT (Information and Communication Technology), HMS has a substantial insight into the industrial network market. In the study, HMS concludes that the industrial network market continues to grow and that the total market growth in 2022 is expected to be +8%, confirming the continued importance of network connectivity in factories.

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