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North America Communications Interface Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Product (1-Port, 2-Port, and Others), Mode of Communication (Wired and Wireless & Hybrid), and Application (Industrial Networking, Battery Monitoring System, Remote Sensors Communication, Railway Signalling System, Machine to Machine Communication, and Others)
Market Report I 2023-01-17 I 126 Pages I The Insight Partners
The North America communications interface market is expected to grow from US$ 1,612.17 million in 2022 to US$ 2,610.93 million by 2028. It is estimated to grow at a CAGR of 8.4% from 2022 to 2028.
Increasing Development of Robots is Driving North America Communications Interface Market
The continuously growing demand for industrial automation systems across the region has influenced robot manufacturers to raise their investments in developing new and innovative products. For instance, In September 2022, Fanuc Corporation announced the launch of new FANUC SCARA robots for food and cleanroom applications. The FANUC SR-3iA/C and SR-6iA/C are fast and precise SCARA robots. Further, in September 2022, ABB Ltd launched flexible mobile robots. These robots are designed to carry out tasks such as trolley transportation of up to 5,350 lbs (2000 kg); towing; and lifting and transportation of containers, racks, and pallets of 4,000 lbs (1,500 kg). The rising development of new and advanced robots is increasing the demand for robot components such as control systems, manipulators, locomotive devices, PLCs, and DCS. Thus, the increasing demand for feedback devices like PLCs is driving the need for communication interfaces, thereby contributing to the North America communications interface market growth.
North America Communications Interface Market Overview
The communication interface market in North America is segmented into the US, Canada, and Mexico. The increasing adoption of technologies across industries and growing awareness regarding its benefits among small & medium factories across the region are driving the adoption of automation. North America has become a pioneer in adopting advanced technologies over the last decade. The increasing adoption of automation in the North American industrial sector is reducing manufacturing and assembling time and overall year-on-year operation costs. In North America, the increasing adoption of robots across industries such as plastic & rubber, automotive, food & consumer goods, and metals is directly impacting the demand for Distributed Control System (DCS) and Programmable Logic Controllers (PLC). PLCs and DCS are integrated into robots for constant processing and monitoring of information received by robots in devices or sensors. It then enables the robot to function as per the task orders. Communication interface forms and integral part of PLCs and DCS for processing of received information and transferring the same for desired output. Thus, the rising demand for PLCs and DCS is bolstering the demand for communication interfaces across North America. Gauging Systems Inc, Honeywell International Inc, Parker Hannifin Corp, and Rockwell Automation Inc are a few communication interface market players in North America. The market players have a wide product offering and a strong distribution network, which is propelling the North America communications interface market growth.
North America Communications Interface Market Revenue and Forecast to 2028 (US$ Million)
North America Communications Interface Market Segmentation
The North America communications interface market is segmented into product, mode of communication, application, and country. Based on product, the market is segmented into 1-Port, 2-Port, and others segment. The 2-Port segment registered the largest market share in 2022.
Based on mode of communication, the North America communications interface market is segmented into wired and wireless & hybrid. The wired segment registered a larger market share in 2022. Based on application, the North America communications interface market is segmented into industrial networking, battery monitoring system, remote sensors communication, railway signalling system, machine to machine communication, and others. the remote sensors communication segment registered the largest market share in 2022. Based on country, the North America communications interface market is segmented into the US, Canada, and Mexico. The US dominated the market share in 2022. ABB Ltd, Eaton Corp Plc, Gauging Systems Inc, Honeywell International Inc, NXP Semiconductors NV, OMRON Corp, Parker Hannifin Corp, PR Electronics AS, Rockwell Automation Inc, and Socomec Holding SA are the leading companies operating in the North America communications interface market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Communications Interface Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Communications Interface Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Adoption of Automation Technologies Across Industries
5.1.2 Increasing Development of Robots
5.2 Market Restraints
5.2.1 High Operating and Maintenance Costs and Lack of Skilled Laborers
5.3 Market Opportunities
5.3.1 Emergence of Industry 5.0
5.4 Future Trends
5.4.1 Rising Adoption of Centralized Manufacturing Among Industries
5.5 Impact Analysis of Drivers and Restraints
6. Communications Interface Market - North America Analysis
6.1 North America Communications Interface Market Overview
6.2 North America Communications Interface Market - Revenue and Forecast to 2028 (US$ Million)
7. North America Communications Interface Market Analysis - By Product
7.1 Overview
7.2 North America Communications Interface Market, by Product (2021 & 2028)
7.3 1-Port
7.3.1 Overview
7.3.2 1-Port: Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
7.4 2-Port
7.4.1 Overview
7.4.2 2-Port: Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
8. North America Communications Interface Market Analysis - By Mode of Communication
8.1 Overview
8.2 North America Communications Interface Market, by Mode of Communication, (2021 & 2028)
8.3 Wired
8.3.1 Overview
8.3.2 Wired: Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
8.3.2.1 Ethernet
8.3.2.1.1 Overview
8.3.2.1.2 Ethernet: Communications Interface Market- Revenue and Forecast to 2028 (US$ Million)
8.3.2.2 USB
8.3.2.2.1 Overview
8.3.2.2.2 USB: Communications Interface Market- Revenue and Forecast to 2028 (US$ Million)
8.3.2.3 RS-232/RS-485
8.3.2.3.1 Overview
8.3.2.3.2 RS-232/RS-485: Communications Interface Market- Revenue and Forecast to 2028 (US$ Million)
8.3.2.4 Others
8.3.2.4.1 Overview
8.3.2.4.2 Others: Communications Interface Market- Revenue and Forecast to 2028 (US$ Million)
8.4 Wireless & Hybrid
8.4.1 Overview
8.4.2 Wireless & Hybrid: Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
9. North America Communications Interface Market Analysis - By Application
9.1 Overview
9.2 North America Communications Interface Market, by Application, (2021 & 2028)
9.3 Industrial Networking
9.3.1 Overview
9.3.2 Industrial Networking: Communications Interface Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Battery Monitoring System
9.4.1 Overview
9.4.2 Battery Monitoring System: Communications Interface Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Remote Sensors Communication
9.5.1 Overview
9.5.2 Remote Sensors Communication: Communications Interface Market - Revenue and Forecast to 2028 (US$ Million)
9.6 Railway Signalling System
9.6.1 Overview
9.6.2 Railway Signalling System: Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
9.7 Machine to Machine Communication
9.7.1 Overview
9.7.2 Machine to Machine Communication: Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
9.8 Others
9.8.1 Overview
9.8.2 Others: Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
10. North America Communications Interface Market - Country Analysis
10.1 Overview
10.1.1 North America: Communications Interface Market, by Country
10.1.1.1 US: Communications Interface Market, Revenue and Forecast to 2028
10.1.1.1.1 US: Communications Interface Market, by Product
10.1.1.1.2 US: Communications Interface Market, by Mode of Communication
10.1.1.1.2.1 US: Communications Interface Market, by Wired
10.1.1.1.3 US: Communications Interface Market, by Application
10.1.1.2 Canada: Communications Interface Market, Revenue and Forecast to 2028
10.1.1.2.1 Canada: Communications Interface Market, by Product
10.1.1.2.2 Canada: Communications Interface Market, by Mode of Communication
10.1.1.2.2.1 Canada: Communications Interface Market, by Wired
10.1.1.2.3 Canada: Communications Interface Market, by Application
10.1.1.3 Mexico: Communications Interface Market, Revenue and Forecast to 2028
10.1.1.3.1 Mexico: Communications Interface Market, by Product
10.1.1.3.2 Mexico: Communications Interface Market, by Mode of Communication
10.1.1.3.2.1 Mexico: Communications Interface Market, by Wired
10.1.1.3.3 Mexico: Communications Interface Market, by Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 ABB Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Eaton Corp Plc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Gauging Systems Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Honeywell International Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 OMRON Corp
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Parker Hannifin Corp
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 PR Electronics AS
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Rockwell Automation Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Socomec Holding SA
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 NXP Semiconductors NV
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Global Communications Interface Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Communications Interface Market, by Country - Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Communications Interface Market, by Product - Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Communications Interface Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Communications Interface Market, by Wired - Revenue and Forecast to 2028 (US$ Million)
Table 6. US: Communications Interface Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Communications Interface Market, by Product - Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: Communications Interface Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada: Communications Interface Market, by Wired - Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada: Communications Interface Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: Communications Interface Market, by Product - Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico: Communications Interface Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico: Communications Interface Market, by Wired - Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico: Communications Interface Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 15. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Communications Interface Market Segmentation
Figure 2. North America Communications Interface Market Segmentation - By Country
Figure 3. North America Communications Interface Market Overview
Figure 4. North America Communications Interface Market, by Product
Figure 5. North America Communications Interface Market, by Country
Figure 6. North America: PEST Analysis
Figure 7. Expert Opinion
Figure 8. North America Communications Interface Market Impact Analysis of Drivers and Restraints
Figure 9. North America Communications Interface Market - Revenue and Forecast to 2028 (US$ Million)
Figure 10. North America Communications Interface Market Revenue, By Product (2021 & 2028)
Figure 11. 1-Port: North America Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 12. 2-Port: North America Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 13. Others: North America Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 14. North America Communications Interface Market, by Mode of Communication (2021 & 2028)
Figure 15. Wired: North America Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 16. Ethernet: North America Communications Interface Market- Revenue and Forecast to 2028 (US$ Million)
Figure 17. USB: North America Communications Interface Market- Revenue and Forecast to 2028 (US$ Million)
Figure 18. RS-232/RS-435: North America Communications Interface Market- Revenue and Forecast to 2028 (US$ Million)
Figure 19. Others: North America Communications Interface Market- Revenue and Forecast to 2028 (US$ Million)
Figure 20. Wireless & Hybrid: North America Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 21. North America Communications Interface Market, by Application (2021 & 2028)
Figure 22. Industrial Networking: North America Communications Interface Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Battery Monitoring System: North America Communications Interface Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Remote Sensors Communication: North America Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 25. Railway Signalling System: North America Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 26. Machine to Machine Communication: North America Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 27. Others: North America Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 28. North America: Communications Interface Market, by Key Country - Revenue (2021) (US$ Million)
Figure 29. North America: Communications Interface Market, by Country, 2021 & 2028 (%)
Figure 30. US: Communications Interface Market, Revenue and Forecast to 2028 (US$ Million)
Figure 31. Canada: Communications Interface Market, Revenue and Forecast to 2028 (US$ Million)
Figure 32. Mexico: Communications Interface Market, Revenue and Forecast to 2028 (US$ Million)
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