Industrial Routers Market Historical Data and Long-Term Forecasts By 2027

1. Industrial Routers Market Historical Data and Long-Term Forecasts By 2027 Market Overview A router is an electronic device designed to receive, analyze, and send incoming packets to another network. Global industrial routers market has generated the revenue of US$ 861.7 million in 2017 up from US$ 793.3 billion in 2016. By 2025, the market is expected to generate a revenue of US$ 1,689.6 billion with a CAGR of 8.8% over the forecast period. Increasing adoption of robotics in various industrial operations is one of the major factors for growth of industrial routers market. Industrial robots embed remote access devices that are used by vendors for remote monitoring and maintenance. These devices are generally industrial routers, as it enables user to connect to a robot. According to World Robotics Organization, in 2014, around 1.46 million industrial robots were deployed for operations and these are projected to reach 2.59 million by 2019. Furthermore, various advantages offered by robots such as high efficiency, enhanced quality, increased productivity, and reduction of product waste have accelerated demand for robots in various industries such as automotive, electronics, chemicals, and food. For instance, in the U.S., around 31,404 units of industrial robots were shipped in 2016. Moreover, around 87,000, units in China, 38,586 units in Japan, 41,373 units in Republic of Korea, and 20,039 units of industrial robots were shipped in Germany in 2016. Request Sample Copy Of This Business Report: https://www.coherentmarketinsights.com/insight/request-sample/603 Market Dynamics The demand for remote monitoring is increased significantly, leading to high adoption of M2M technology. With the deployment of advanced sensors and chips, M2M technology monitors a machine’s overall state and performance. If pressure change, temperature, vibrations, and other signs of mechanical failure are detected, the machine automatically communicates the information with other connected devices, which aids in early detection of problem. Hence, due these factors, demand for M2M technology in various manufacturing industries is increasing, leading to growth of the industrial routers market. Moreover, increasing support by government organizations for growth of industry automation provides a growth opportunity to the market. Various government organizations are focusing on initiatives for supporting industrial automation. For instance, in 2017, the Thailand government announced setting up a manufacturing automation academy in partnership with manufacturing industries. It intends to invest of US$6 billion in automation and robotics. Detailed Segmentation • oWired oWireless • Global Industrial Routers Market, By End User oRailways oOil & Gas oMaritime & Offshore oWater & Wastewater treatment oRoad Infrastructure Global Industrial Routers Market, By Product Type

2. oEnergy oManufacturing and Process Industries oOthers Get Request Customization Copy Of This Business Report: https://www.coherentmarketinsights.com/insight/request-customization/603 The major players operating in the global Industrial routers market include Juniper Networks, Inc., Netgear Inc., ZTE Corporation, Cisco Systems, Inc., Inseego Corporation, Dell Technologies, Inc., Micromax Technology, Ericsson, Inc., TP-Link Technologies Co., Ltd, Alcatel-Lucent Enterprises, Huawei Technologies Co., Ltd., and Advantech Co., Ltd About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Name: Mr. Raj Shah Phone: US +12067016702 / UK +4402081334027 Email: sales@coherentmarketinsights.com Visit Our Blogs: https://blog.coherentmarketinsights.com