The network automation market is set to grow from its current market value of more than $5 billion to over $30 billion by 2028, as reported in the latest study by Global Market Insights, Inc.

There is continued growth for Industrial Ethernet and wireless networks, according to HMS Networks as it released its industrial network market shares for 2023.

ODVA has announced that process device profiles have been added to the EtherNet/IP specification.

Excluding modular I/O devices, ETG counts 59.1 million nodes, with recent growth being particularly impressive. Since 2014, growth has been exponential, with 18.4 million nodes added in 2022 alone.

Collaboration promises to simplify integration of OT and IT systems by optimizing process automation end users’ management of data from field devices

Avnu Alliance, CLPA, ODVA, OPC Foundation and PROFIBUS & PROFINET International are collaborating on a single conformance test plan for IEEE/IEC 60802 Time Sensitive Networking (TSN) profile for industrial automation.

The SPE Industrial Partner Network is driving IEC 63171-7 standard for M12 hybrid Single Pair Ethernet and power interfaces.

TE Connectivity and Phoenix Contact have announced a joint development agreement for Single Pair Ethernet hybrid cable assemblies.

In March 2022, the new edition of the installation standard IEC 61918:2018/AMD1:2022 Amendment 1 – “Industrial communication networks – Installation of communication networks in industrial premises” has been published.

Red Lion Controls has announced the acquisition of MB connect line GmbH, a leading provider of secure connection of machines and plants for remote access, data collection, and M2M-communication.