Uploaded on May 20, 2025
Industrial Communication Market by Fieldbus, Industrial Ethernet, Wireless, IO-Link, Router & WAP, Switch, Gateway, Communication Interface & Converter, Controller & Connector and Power Supply Device - Global Forecast to 2030
Industrial Communication Industry
Industrial Communication Industry worth USD 26.06 billion by 2030
The report "Industrial Communication Industry by Fieldbus, Industrial Ethernet, Wireless, IO-
Link, Router & WAP, Switch, Gateway, Communication Interface & Converter, Controller &
Connector and Power Supply Device - Global Forecast to 2030" The global industrial
communication market size will reach USD 26.06 billion by 2030 from USD 20.45 billion in 2025
at a CAGR of 5.0% between 2025 and 2030. The major factors driving the industrial
communication market are the rising deployment of 5G technology in the automotive,
construction, and manufacturing sectors. The rising adoption of machine-to-machine
communication to optimize industrial efficiency and automation technologies, the integration
of smart grid technologies in the energy sector, and the surging adoption of Industry 4.0 to
optimize industrial efficiency and automation technologies further drive the market. Financial
incentives have been introduced to integrate PLCs and SCADA into manufacturing sectors.
These factors, along with the accelerating adoption of wireless networks across industrial
sectors and the convergence of industrial AI and digital twin technology, are expected to create
lucrative opportunities for market players.
PROFIBUS segment is projected to dominate the industrial communication market during the
forecast period.
Based on Fieldbus protocol type, the PROFIBUS segment is expected to dominate the market
during the forecast period due to its widespread use and continued reliability in the industrial
communication market, particularly in the field of process and discrete manufacturing. Its
reliability and interoperability with a wide spectrum of industrial devices and its real-time
communication capabilities make it a first choice for existing and upcoming automation
projects. PROFIBUS DP, in particular, is extensively used for fast data exchange at the device
level. At the same time, PROFIBUS PA caters to process industries by enabling power and data
transmission over a single cable, simplifying installation in hazardous environments. Availability
of compatible hardware, strong vendor support, and simplification to be integrated with other
protocols, such as PROFINET, continues to strengthen its dominance as industries adopt
modern Ethernet technologies.
Pharmaceuticals & medical devices segment is expected to record the highest CAGR from
2025 to 2030.
The pharmaceuticals & medical devices segment is expected to have the highest growth rate
during the projected period. One of the key drivers of this trend is the increasing adoption of
automation, real-time data monitoring, and compliance with regulatory requirements industry-
wide. The need for robust and secure communication networks increases as automation
expands in these facilities to facilitate seamless interaction between machines, systems, and
data systems. Pharmaceutical manufacturing has a strong focus on precision, error-free
processes, and strict quality requirements, highlighting the importance of advanced
communication solutions.
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China is likely to dominate the global industrial communication market during the forecast
period.
China is likely to dominate the global industrial communication market during the forecast
period, fueled by its mature manufacturing infrastructure and increasing roll-out of industrial
automation technologies. The country has been a world center for mass production for
decades, and investments in modernizing factory operations with state-of-the-art
communication infrastructure keep reinforcing its leadership position. Strategic efforts to
increase productivity and the extensive use of smart technologies in industries such as
electronics, automotive, and heavy machinery help drive this dominance. Additionally, robust
government support and the availability of many domestic technology suppliers facilitate
quicker adoption of industrial communication solutions at scale.
Key Players
Key companies operating in the industrial communication market include Cisco Systems, Inc.
(US), Siemens (Germany), OMRON Corporation (Japan), Huawei Technologies Co., Ltd. (China),
Rockwell Automation (US), Moxa Inc. (Taiwan), Belden Inc. (US), ABB (Switzerland), and
Schneider Electric (France).
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