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:

Powering Africa’s industrial Leap at the 2026 Manufacturing Indaba
News
The 2026 Manufacturing Indaba is set to bring together stakeholders to explore how reliable energy can unlock Africa’s industrial future

Read more...
Siemens andDucati extend partnership to advance innovation in MotoGP
News
Siemens Digital Industries Software has renewed its technical partnership agreement with Ducati, and detailed how the Siemens Xcelerator platform has been instrumental in helping the company to create increasingly powerful, safe and sustainable motorcycles.

Read more...
Your chance to make a difference by supporting UKZN’s SMART Lab research
News
UKZN’s SMART Lab is at the forefront of tackling international challenges through innovative, multidisciplinary solutions, and focuses on research that makes a tangible difference to society. Companies affiliated with the SAIMC now have an opportunity to make a meaningful impact through sponsorships.

Read more...
Hitachi Energy named world’s leading supplier of grid automation products and services
News
Hitachi Energy has been recognised as the global market share leader in grid automation for electric power transmission and distribution utilities by ARC Advisory Group.

Read more...
Latest evolution in DesignSpark PCB design software
RS South Africa News
RS South Africa has announced the local availability of DesignSpark PCB version 13, the latest evolution of its award-winning PCB design software.

Read more...
SKF earns top CDP ratings, reinforcing climate leadership
SKF South Africa News
SKF has been awarded an A score in the 2024 CDP Supplier Engagement Assessment, placing the company among the global leaders in supplier climate action and transparency.

Read more...
South African project to tackle e-waste
News
Every year millions of electrical and electronic devices and appliances are thrown away. This e-waste can become a threat to both health and the environment if they are not disposed of and recycled properly. Limpopo recently launched its E-Waste for Youth Employment in Limpopo Province project in order to change this narrative.

Read more...
Hans Beckhoff receives German Mechanical Engineering Award
Beckhoff Automation News
Hans Beckhoff has received the 2025 German Mechanical Engineering Award. This prestigious award honours entrepreneurs who have set standards in machine and system engineering, driven innovation, and taken on social responsibility.

Read more...
Safe solar light for 150 000 people across Africa
RS South Africa News
RS Group has announced a partnership with international development charity, SolarAid to deliver clean, safe solar lights to 150 000 people living in rural communities across Africa without access to electricity.

Read more...
Regalvanising is a cornerstone of the circular economy
News
Steel can be regalvanised three to four times, effectively doubling the lifespan of key infrastructure for 30% of the replacement cost. That is why the Hot Dip Galvanisers Association of South Africa sees regalvanising as a cornerstone of the circular economy.

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