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Industrial Multiprotocol Gateway Market: Global Opportunity Analysis and Industry Forecast, 2020-2027

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Sep 2020 | 165 Views
 
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Industrial multiprotocol gateway is a gateway which is used as a communication link between device to device or device to cloud. Various protocols such as HDLC, IP, MAC, ARP, ICMP, UDC, and TCP, which are used for communication are communicated by using industrial multiprotocol gateway. This multiprotocol gateway plays an important role in Internet of Things (IoT). IoT gateways are capable of performing many tasks such as filtration of data, visualization of data and to perform complex analytics.  Adoption of industrial multiprotocol gateways is increasing day by day in automation industry. Also System-on-chip multiprotocol gateway is an important factor to the growth of the industrial multiprotocol gateway market.

 

Market scope and structure

                  Report Metric

                                           Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Product, end user and Region

  Companies covered

Major players analyzed include ABB Group, AsusTekComputer Inc., Advantech Co., Ltd. ,Honeywell International Inc., HMS Industrial Networks, Moxa Inc., Elpro technologies, Wlink, hejm automation, Comptrol

 

 

Regions covered

North America

Europe

Asia-Pacific

LAMEA

U.S. ,Canada and Mexico

Germany, France, UK, Italy, Spain, Russia and the Rest of Europe

China, Japan, India and the Rest of Asia Pacific

Latin America, Middle East and Africa

 

 

 

 

 

 

 

 

COVID-19 scenario analysis:

  • Demand for industrial multiprotocol gateway is expected to decrease in the year 2020 due to low demand from electronic industry.
  • COVID-19 pandemic has shut-down the production of various products in the industrial multiprotocol gateway industry, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of industrial multiprotocol gateway market significantly from last few months, as is likely to continue during 2020.
  • COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020 and is likely to cause a negative impact on the market growth throughout the year. 
  • The major demand for equipment and machinery was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, the UK, and China, which is badly affected by the spread of corona virus, thereby halting the demand for equipment and machinery.
  • Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans.
  • Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19 infection cases start to decrease.

Top impacting factors:

Industrial multiprotocol gateway is one of the most important factors in the Internet of things (IoT). These gateways act as a bridge between different protocols such as Ethernet, Modbus TCP. As new technologies have been used in multiprotocol gateways, it can perform multiple tasks. Cloud storage capacity of multiprotocol gateways has also been increased so that more data can be stored. System-on-chip and IoT gateway are examples of technical advancement in industrial protocol gateway.

IoT gateways are widely used in automation sector. Some features of industrial IoT gateway are:

  • IoT gateways can be connected to the devices which are not connected to the internet
  • Filtration of data can be done by using IoT gateways.
  • Machine to machine communication can be achieved with the help of industrial IoT gateways.
  • The industrial multiprotocol gateway market trends are:

New product launch:

Key players in the industrial multiprotocol gateway market have recently launched new products in the market which are more advanced than the existing range of products of these companies. These advanced products allow the smart system like smart homes more effectively and also allows to store more data in cloud memory.

1) Centaury 200

In September 2019, VOLANSYS which is one the key player in the industrial multiprotocol gateway market, launched a developed IoT gateway solution named as centaury 200. This centaury 200 gateway is supposed to satisfy all the requirements which are needed to build an industrial IoT solution. More than 200 devices can be controlled by using centaury 200 IoT gateway. It can be operated by using android as well as iOS. This gateway is consolidated with platforms such as AWS IoT, Microsoft Azure and IBM BlueMix. This gateway can be used to develop the systems such as smart homes, smart retails, and smart industrial automation. Centuari 200 provides multi-radio connectivity so that there is smooth data flow between the devices.

Important features of Centaury 200 are:

  • Centaury 200 comes up with a powerful processor i.e. ARM Cortex A7 core.
  • It can be supported by different operating systems such as linuxyocto, centaury framework, and Docker.
  • Wireless connectivity with the devices is possible through different modules such as Zigbee, Z-mesh, and BLE Mesh.

Bluetooth 5.2 System-on-chip

In March 2020, Nordic Semiconductor, Norway based semiconductor company launched updated version of its nRF52 system-on-chip product. NRF5280 Bluetooth 5.2 system-on-chip is the sixth edition of nRF52 product. NRF5280 comes up with a wireless connectivity module Zigbee. This system-on-chip includes high speed USB 2.0 interface, which is a key feature of nRF5280 SOC product. NRF5280 consists of 18 General process input/outputs (GPIOs) and it also comes up with SPI, UART, TWI analog and digital interfaces. This SOC is suitable for commercial as well as for industrial application. It is an ideal network processor for gateway which can be used for applications such as smart homes.

The use of smart systems and Internet of things (IoT) is considered to be the important factor for the growth of industrial multiprotocol gateway market. 

Key segments covered:

               Segments

                                               Sub-segments

  Product

 

  • remote monitoring,
  • product optimization
  • preventive maintenance

  End user

 

  • Process industries
  • Discrete industries

  Network type

 

  • Wireless network
  • Ethernet network
  • Cellular

 

Key benefits of the report:

  • This study presents the analytical depiction of the industrial multiprotocol gateway market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the market growth scenario.
  • The report provides a detailed industrial multiprotocol gateway market analysis based on competitive intensity and how the competition will take shape in coming years. 
 
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