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Industrial Ethernet Market worth $21.73 billion by 2030, growing at a CAGR of 8.01% - Exclusive Report by 360iResearch
Industrial Ethernet Market | 360iResearch
The Global Industrial Ethernet Market to grow from USD 12.67 billion in 2023 to USD 21.73 billion by 2030, at a CAGR of 8.01%.
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Industrial Ethernet is applied to an industrial setting, which often requires more rugged connectors, cables, and better determinism. To achieve better determinism, industrial Ethernet uses specialized protocols in conjunction with Ethernet. As manufacturing firms rapidly adopt the latest Industry 4.0 technologies, industrial Ethernet has gained a significance that offers an invaluable solution to meet their heightened need for real-time monitoring and higher bandwidth data transfer. However, a lack of communication protocol standardization creates challenges that must be overcome before reaching maximum potential, including complexity around network management and maintenance and emerging opportunities such as 5G interconnectivity requirements. Nevertheless, investment into industrial network infrastructure is expected to unlock these solutions to drive further advancement within this space.
Increasing adoption of automation and connected machines in various industrial sectors across the U.S., UK, Germany, China, and India are fueling the rapid market growth across North America, Europe, and the Asia-Pacific. The U.S. manufacturing sector is vastly investing in industrial automation, which is likely to drive the industrial Ethernet connector demand across the region. Moreover, Europe's rapid investment in smart factories boosts the region's demand for industrial Ethernet connectors. Asia-Pacific is currently the largest manufacturing hub for the automobile and electronic companies. To compete with other global players, the market players in Asia-Pacific use advanced automation systems, which require highly reliable communication networks that can help in machine-to-machine (M2M) communication in the plants. Manufacturing companies from China, Japan, and India extensively adopt the smart factory concept for implementing advanced manufacturing technologies on the factory floor. This innovative concept has transformed the Asia-Pacific manufacturing sector and increased the implementation of smart automation in factories.
Market Segmentation & Coverage:
This research report categorizes the Industrial Ethernet Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Offering, market is studied across Hardware, Services, and Software. The Hardware is further studied across Communication Interfaces & Converters, Controllers & Connectors, Gateways, Power Supply Devices, Routers, and Switches. The Software is projected to witness significant market share during forecast period.
Based on Type, market is studied across Managed and Unmanaged. The Managed is projected to witness significant market share during forecast period.
Based on Enterprise Size, market is studied across Large Scale Enterprise, Medium Scale Enterprise, and Small Scale Enterprise. The Small Scale Enterprise is projected to witness significant market share during forecast period.
Based on Industry Vertical, market is studied across Aerospace & Defense, Automotive, Electric & Power, Manufacturing, Oil & Gas, and Transportation. The Aerospace & Defense is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas is projected to witness significant market share during forecast period.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Industrial Ethernet Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Industrial Ethernet Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Industrial Ethernet Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., ACS Motion Control Ltd., Amphenol Corporation, Analog Devices, Inc., Applied Optoelectronics, Inc., Beckhoff Automation GmbH & Co. KG, Belden Inc., Bosch Rexroth AG, Broadcom Inc., Ciena Corporation, Cisco Systems, Inc., Cuthbert Stewart Ltd., Eaton Corporation, EFFECT Photonics, Electronic Systems Technology, Inc., Extreme Networks Thailand, Fujitsu Limited, General Electric Company, HARTING Technology Group, Huawei Technologies Co., Ltd., iComTech Inc., IEWC Corp., InnoLight Technology Corporation, Intel Corporation, Monnit Corporation, Moxa Inc., Nexans S.A., Norden Communication, NTT Limited, Nvidia Corporation, OCC Corporation by NEC Corporation, OMRON Corporation, ORing Industrial Networking Corp., Parker Hannifin Corporation, Perle Systems Limited, Prysmian Group, Renesas Electronics Corporation, Rexel Group, Rockwell Automation, Inc., Schneider Electric SE, Shenzhen Scodeno Technology Co., Ltd., SICK AG, Siemens AG, Smartoptics Group AS, Smiths Interconnect, Inc., STMicroelectronics International N.V., TE Connectivity Ltd., Teledyne Technologies Incorporated, Utek Technology (Shenzhen) Co., Ltd., and Yokogawa Electric Corporation.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Industrial Ethernet Market, by Offering
7. Industrial Ethernet Market, by Type
8. Industrial Ethernet Market, by Enterprise Size
9. Industrial Ethernet Market, by Industry Vertical
10. Americas Industrial Ethernet Market
11. Asia-Pacific Industrial Ethernet Market
12. Europe, Middle East & Africa Industrial Ethernet Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Industrial Ethernet Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Industrial Ethernet Market?
3. What is the competitive strategic window for opportunities in the Industrial Ethernet Market?
4. What are the technology trends and regulatory frameworks in the Industrial Ethernet Market?
5. What is the market share of the leading vendors in the Industrial Ethernet Market?
6. What modes and strategic moves are considered suitable for entering the Industrial Ethernet Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
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