PROFIBUS (Process Field Bus) is a standard for fieldbus communication in automation technology. The history of PROFIBUS goes back to a publicly promoted plan for an association which started in Germany in 1986 and for which 21 companies and institutes devised a master project plan called "fieldbus". The goal was to implement and spread the use of a bit-serial field bus based on the basic requirements of the field device interfaces.
Scope of the Report:This report studies the Industrial PROFIBUS market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Industrial PROFIBUS market by product type and applications/end industries.
There are two variations of PROFIBUS in use today; the most commonly used PROFIBUS DP, and the lesser used, application specific, PROFIBUS PA: PROFIBUS DP (Decentralised Peripherals) is used to operate sensors and actuators via a centralised controller in production (factory) automation applications. The many standard diagnostic options, in particular, are focused on here. PROFIBUS PA (Process Automation) is used to monitor measuring equipment via a process control system in process automation applications. This variant is designed for use in explosion/hazardous areas (Ex-zone 0 and 1). The Physical Layer (i.e. the cable) conforms to IEC 61158-2, which allows power to be delivered over the bus to field instruments, while limiting current flows so that explosive conditions are not created, even if a malfunction occurs.
The global Industrial PROFIBUS market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Industrial PROFIBUS.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers ABB
Emerson Electric
Rockwell Automation
Siemens
Texas Instruments
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers PROFIBUS PA
PROFIBUS DP
PROFIdrive
PROFIsafe
Market Segment by Applications, can be divided into Power industry
Data center
Oil and gas industry
Automotive industry
Factory Automation
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
