Industrial PROFIBUS Market - Trends and Forecasts by Technavio
London - According to the latest market study released by Technavio, the global industrial PROFIBUS market is expected to grow at a CAGR of almost 6% through 2021.
This research report titled ‘Global Industrial PROFIBUS Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.
PROFIBUS is a fieldbus that is used to connect field devices at the plant level and communicate data between field devices and control systems at the enterprise level. A PROFIBUS solution for a certain industry sector is implemented by combining suitable modules such as PROFIBUS PA for process automation, PROFIBUS DP for factory automation, PROFIdrive for motion controls, and PROFIsafe for safety applications.
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Technavio’s analysts categorize the global industrial PROFIBUS market into four major segments by solution. They are:
- PROFIBUS PA
- PROFIBUS DP
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The top three segments based on solution for the global industrial PROFIBUS market are discussed below:
Global industrial PROFIBUS PA market
PROFIBUS PA is a type of PROFIBUS solution that is specifically used for process automation. It uses the MBP-IS transmission technology for transmitting the data and communication protocol version PROFIBUS DP-V1. PA devices are used for PROFIBUS PA as an application profile.
According to Raghav Bharadwaj Shivaswamy, a lead automation research analyst from Technavio, “PROFIBUS PA is an application profile of PROFIBUS DP that is designed specifically for operating in hazardous environments. PROFIBUS PA is used with MBP to handle the high power over the bus in explosive environments. Coupler redundancy and PA ring redundancy are the two topologies on which PROFIBUS PA works.”
Global industrial PROFIBUS DP market
PROFIBUS DP is used for factory automation. It is simpler and faster than other protocols. Its application profiles allow users to combine the requirements for specific solutions. With government initiatives such as Industry 4.0, Manufacturing 3.0, Productivity 4.0, Make in India, and Make in China, countries such as Germany, Taiwan, South Korea, India, and China are boosting the adoption of smart manufacturing and IIoT in industries.
These factors are increasing the use of technology that would propel the factory automation. PROFIBUS DP is a protocol designed specifically for factory automation and has a large scope for increased adoption during the forecast period.
Global industrial PROFIdrive market
PROFIdrive is an application profile of PROFIBUS and focuses on drive technology using RS 485 transmission technology. It was developed by PROFIBUS and PROFINET International (PI) as a modular device profile for drive devices. PROFIdrive, the application profile, along with RS 485 transmission technology and PROFIBUS DP communication technology forms the PROFIBUS solution in the motion control segment.
“PROFIdrive uses DP-V2 communication protocol version for a better transmission speed. It is widely used in motion controls that are used in industries. It can also be used for Ethernet-based PROFINET communication. PROFIdrive can handle all the extreme diverse applications of drive technology,” says Raghav.
The top vendors highlighted by Technavio’s research analysts in this report are:
- Emerson Electric
- Rockwell Automation
- Texas Instruments
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