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Technavio Announces Top Five Vendors in the Global Fieldbus Solutions Market for Process Industry Until 2020


May 20, 2016
By Business Wire News

LONDON

Technavio has announced the top five leading vendors for the global fieldbus solutions market for process industryin their latest research report. This report also lists 11 other prominent vendors who are expected to contribute to this market’s growth over the forecast period.

To identify the top vendors, Technavio’s market research analysts have considered the top contributors to the overall revenue of this market. The market size is calculated by considering the revenue generated from the sales of the Fieldbus types: PROFIBUS, Modbus, DeviceNet, AS-i, and serial real-time communication system (SERCOS).

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“Distributed automation solutions based on open Fieldbuses are the current standard for many sectors in the manufacturing and process industries. Open Fieldbus technology provides more information about the process and the field instrument. Only open Fieldbus permits full utilization of the functional advantages of digital communications such as improved resolution of measured values, diagnostic capabilities, and remote operations,” said Bharath Kanniappan, one of Technavio’s lead analysts for automation.

Top five leading vendors in the global fieldbus solutions market for process industry:

ABB

ABB was founded in 1988 and has headquarters in Zurich, Switzerland. The company provides power and automation technologies to diverse industries, including utilities, transport, and infrastructure. The company’s products are sold in over 100 countries.

ABB’s process automation division provides standalone products, engineered systems, and services for process control and measurement, plant electrification, safety, and plant asset management. It markets its products through direct sales force and third-party network partners, including distributors, system integrators, and OEMs.

The company offers a wide range of Fieldbus compatible products that cover the entire scope of process and manufacturing automation- such as field instruments, analytics, drives, system interface, and switching and automation components.

Emerson Electric

Emerson Electric was established in 1890 and is headquartered at Missouri, US. The company provides technology and engineering solutions for industrial, commercial, and consumer markets.

The company’s industrial automation division provides low, medium, and high voltage alternators and other power generation equipment; commercial and industrial motors and drives; fluid power and control mechanisms; and electrical distribution equipment.

Emerson Electric offers control communication option modules for common Fieldbus and Ethernet networks. They are used in AC, DC, and Servo drive product ranges to customize the control and interfacing functionality of drives. Control techniques communication option modules have direct access to all drive parameters. In addition, for servo networks such as SERCOS and EtherCAT, drive control loops are synchronized with the communication system to eliminate delays.

Endress+Hauser

Endress+Hauser was founded in 1953 and has headquarters in Reinach, Switzerland. The company provides measurement instruments, services, and automation solutions for industrial process engineering. The product portfolio includes sensors, instruments, systems, and services for level, flow, pressure, and temperature measurement, analytics, and data acquisition. The company also helps link devices to control systems and support customers with automation and logistics solutions.

Endress+Hauser caters to chemical and petrochemical, food and beverage, oil and gas, water and wastewater, life sciences, primaries and metal, power and energy, pulp and paper, and marine industries.

Schneider Electric

Schneider Electric was founded in 1836 and has headquarters in Rueil-Malmaison, France. The company provides integrated energy management solutions. The company serves markets such as energy and infrastructure, data centers and networks, buildings, residential, industries, and machines.

The company offers a range of products including boxes, cabling and interfaces, building management systems, bus, networks and communication, fuse switches, HMI, and motion and drives. They also provide motor starters, measurement and control relays, process automation and controls, programmable logic controllers, panel boards and switchboards, and power supplies and transformers. In addition, they offer protection relays and contactors, push buttons, switches and pilot lights, control stations and joysticks, sensors, RFID systems, and signaling units.

Siemens

Siemens was founded in 1847 and has headquarters in Munich, Germany. The company is a multinational conglomerate with core activities in the fields of energy, healthcare, industry, and infrastructure sectors. It supplies systems for power generation and transmission and medical diagnosis. In addition, the company specializes in infrastructure and industry solutions.

The company through its industry segment offers a wide range of products and solutions to various industrial companies, mainly process and manufacturing industries. They offer automation technologies and industrial controls and software that help customers optimize complete product development and production processes. The company offers operator control and monitoring systems, sensor systems, industrial communication, and process control systems.

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

If you are interested in more information, please contact our media team at media@technavio.com.

Technavio Research
Jesse Maida
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