News


Continued growth for industrial Ethernet and wireless networks

June 2023 News

Every year HMS Networks analyses 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 7% in 2023. Industrial Ethernet still shows the highest growth and now accounts for 68% of all new installed nodes (66% last year). Fieldbuses decline to 24% (from 27%) while wireless grows to 8% market share (7% last year). PROFINET and EtherNet/IP share first place in the network rankings with 18% market share, followed by the strong contender EtherCAT, now at 12%.

Each year, HMS Networks presents its analysis of the industrial network market, focusing on new installed nodes within factory automation globally. As an independent supplier of solutions within Industrial ICT, HMS has a substantial insight into the industrial network market. The 2023 study includes estimated market shares and growth rates for fieldbuses, industrial Ethernet and wireless technologies.

In the 2023 study, HMS concludes that the industrial network market continues to grow and that the total market growth in 2023 is expected to be 7%, confirming the continued importance of network connectivity in factories.

Industrial Ethernet is growing steadily

Growing by 10%, industrial Ethernet continues to take market share. Industrial Ethernet now makes up for 68% of the global market of new installed nodes in factory automation (compared to 66% last year). The head-to-head battle between PROFINET and EtherNet/IP continues as they lead the 2023 network rankings with 18% market share each, but EtherCAT also continues to grow strongly and is now in an unthreatened third place at 12% market share.

Fieldbuses are decreasing again

Last year’s growth for Fieldbuses was temporary, as new fieldbus installations decline by 5% in 2023. PROFIBUS leads the fieldbus rankings with 6% market share, but not with much as Modbus-RTU is close behind at 5%.

Together, fieldbuses account for 24% of the market in 2023. Although the number of new fieldbus nodes are declining, a lot of devices, machines and factories will still be relying on the well-functioning and proven fieldbuses for many years to come.

Wireless grows fastest

The wireless growth accelerates to 22% in 2023, as more wireless industrial networking solutions are introduced in factory automation. Typical use cases include cable replacement applications, wireless machine access and connectivity to mobile industrial equipment.

Industrial networking is key for productivity and sustainability

“Solid industrial network connectivity is key to achieve the manufacturing uptime which is needed to reach productivity and sustainability objectives in factory automation,” says Magnus Jansson, product marketing director at HMS Networks, Business Unit Anybus. “Quality, security, safety and gaining insights through device and machine data are the key drivers we see for the continued expansion of industrial networking.”

Regional network variations

EtherNet/IP, PROFINET and EtherCAT are leading in Europe and the Middle East with PROFIBUS and Modbus-TCP as runners up. The US market is dominated by EtherNet/IP, with EtherCAT developing strongly and gaining market share. PROFINET leads a fragmented Asian market, followed by EtherNet/IP and strong contenders CC-Link/CC-Link IE Field, EtherCAT, PROFIBUS and Modbus (RTU/TCP).




Share this article:
Share via emailShare via LinkedInPrint this page

Further reading:

Reinstatement opportunity for ECSA registration
News
In 2023 the Engineering Council of South Africa (ECSA) announced a special opportunity for engineers in South Africa to reinstate their registration status if it had been cancelled. This exclusive offer is available until the end of August 2024.

Read more...
Fostering a collaborative learning environment for sugar producer
SKF South Africa News
One of South Africa’s leading sugar producers made strategic use of its off-crop season, turning scheduled downtime into an opportunity for both essential maintenance and valuable skills development with the help of SKF

Read more...
TechAccess and Schneider Electric partnership goes from strength to strength
Schneider Electric South Africa News
Schneider Electric, together with its longstanding partner TechAccess, is poised to take the Southern African market by storm.

Read more...
Steinmüller Africa and Eskom uplift eMalahleni communities
News
Steinmüller Africa, in partnership with Eskom, has reaffirmed its commitment to social upliftment by donating essential goods and creating meaningful connections with two impactful community organisations in eMalahleni.

Read more...
The top 10 emerging technologies of 2025
News
The World Economic Forum’s top 10 emerging technologies of 2025 are expected to deliver real-world impact within three to five years and address urgent global challenges.

Read more...
Comtest calibration user group seminar
News
Comtest invites metrology and calibration professionals to a focused technical seminar series aimed at demystifying some of the most common hurdles in inter-laboratory comparisons.

Read more...
Technology leaders shaping 2025
News
In an era where agility, innovation and execution are paramount, ABI Research’s latest report, ‘26 Technology Companies Leading the Way in 2025’ identifies the top players shaping the future across key digital technology segments.

Read more...
Omniflex through the decades
Omniflex Remote Monitoring Specialists News
As Omniflex celebrates 60 years of engineering excellence, we take a look back at the decade that saw us really kick in and deliver major engineering projects – the 1970s.

Read more...
Innomotics certified for innovative mine winder braking system
News
Innomotics has achieved SIL 3 certification for the COBRA 02 S braking system for mine winder installations, together with OLKO-Maschinentechnik.

Read more...
The true cost of cheap water in South Africa
News
The low cost of water has created a dangerous sense of comfort for South Africans.

Read more...









While every effort has been made to ensure the accuracy of the information contained herein, the publisher and its agents cannot be held responsible for any errors contained, or any loss incurred as a result. Articles published do not necessarily reflect the views of the publishers. The editor reserves the right to alter or cut copy. Articles submitted are deemed to have been cleared for publication. Advertisements and company contact details are published as provided by the advertiser. Technews Publishing (Pty) Ltd cannot be held responsible for the accuracy or veracity of supplied material.




© Technews Publishing (Pty) Ltd | All Rights Reserved