Global Industrial Ethernet Cables Market CAGR Growth of 17.31% by 2020

Research and Markets has announced the addition of the "Global Industrial Ethernet Cables Market 2016-2020" report to their offering. The global industrial Ethernet cables market is forecast to grow at a CAGR of 17.31% during the period 2016-2020.

Commenting on the report, an analyst from the research team said: One of the key trends will be increasing availability of industrial Ethernet cable testers. The uses of cable testers in industrial Ethernet cable testing enhance cable longevity, utility, and efficiency, which acts as a good support system. This should inspire confidence among cable manufacturers and end-users, promoting increased incorporation of industrial Ethernet cables.

According to the report, one of the key drivers will be increasing incorporation of Ethernet network redundancy. Network redundancy implies creating additional multiple data paths between multiple locations within a single network. In the event of an unprecedented router switch or industrial Ethernet cable failure, the other data path will be able to maintain communication and data flow. Hence, redundant system act as an efficient prompt backup system that maintains network operations without any compromise due to unforeseen failures. It prevents scrap wastage, spoilage, or product damage due to plant process interruptions. In discrete manufacturing plants, some select areas have more need for redundancy and can rely on a single point redundancy protocol.

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