Press release
Global Industrial Ethernet Switch Market Outlook 2025-2034: Trends, Innovations, And Future Outlook
Industrial Ethernet Switch
What Is the Expected Industrial Ethernet Switch Market Size During the Forecast Period?
The market size of industrial ethernet switches has experienced significant expansion in the past few years. It is projected to expand from $2.94 billion in 2024 to $3.11 billion in 2025, displaying a compound annual growth rate (CAGR) of 5.7%. The development during the historical period can be linked to the evolution in manufacturing automation and the emergence of Industry 4.
Anticipated substantial growth is evident in the industrial ethernet switch market, projected to reach $4.25 billion by 2029, following a compound annual growth rate (CAGR) of 8.1%. Factors contributing to expansion during the forecast period include 5G integration, the swift proliferation of edge computing, heightened awareness of cybersecurity, an uptick in remote monitoring and maintenance, and the ongoing progress of the Industrial Internet of Things (IIoT). Key market trends expected to emerge prominently during this period consist of the incorporation of time-sensitive networking (TSN), transition towards gigabit and 10-gigabit ethernet, refined security protocols, endurance in challenging environments, as well as remote supervision and control.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10833
What Are the High-Growth Segments in the Industrial Ethernet Switch Market?
The industrial ethernet switch market covered in this report is segmented -
1) By Type: Managed Industrial Ethernet Switches, Unmanaged Industrial Ethernet Switches
2) By Application: Smart Grid, Security And Surveillance, Intelligent Rail And Traffic
3) By Industry Vertical: Manufacturing, Electric And Power, Aerospace And Defense, Automotive And Transportation, Oil And Gas, Other Industry Verticals
Subsegments:
1) By Managed Industrial Ethernet Switches: Layer 2 Managed Switches, Layer 3 Managed Switches, PoE (Power Over Ethernet) Managed Switches, Rack-Mount Managed Switches
2) By Unmanaged Industrial Ethernet Switches: Standard Unmanaged Switches, Compact Unmanaged Switches, DIN Rail Unmanaged Switches
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10833&type=smp
What Key Drivers Are Expected to Influence Future Industrial Ethernet Switch Market Growth?
The projected rise of the industrial ethernet switch market is predicted to be fueled by the escalating acceptance of the industrial Internet of Things (IoT). The industrial IoT (IIoT), which extends the application of IoT into the industrial realm, is responsible for the surge in the use of industrial Ethernet switches. These switches are valuable assets for global business and industrial networks, offering high-bandwidth or dense industrial networking IoT solutions. For example, a report by Ericsson, a telecommunication company based in Sweden, revealed in September 2022 that nearly 60% of cellular IoT connections would transform into broadband IoT by 2028, with 4G facilitating the majority of connections. In the same year, the world witnessed 13.2 billion IoT connections, and this figure is foreseen to increase to 34.7 billion by 2028, recording a growth rate of 18%. Thus, the growing implementation of the industrial IoT is propelling the industrial ethernet switch space's expansion.
Which Companies Hold the Largest Share Across Different Industrial Ethernet Switch Market Segments?
Major companies operating in the industrial ethernet switch market include Huawei Technologies Co. Ltd., Siemens AG, Cisco Systems Inc., Schneider Electric SE, ABB Ltd., Rockwell Automation Inc., Omron Corp., Phoenix Contact GmbH & Co. KG, Hirschmann (a Belden brand), Belden Inc., Advantech Co. Ltd., Hirschmann (a Belden brand), Extreme Networks Inc., Allied Telesis Inc., Moxa Inc., Beckhoff Automation GmbH & Co. KG, 3onedata Co., Korenix Technology Co. Ltd., Weidmüller, Westermo Network Technologies, B&R Industrial Automation GmbH, Harting Technologiegruppe
What Trends Are Driving Growth in The Industrial Ethernet Switch Market?
Product innovation is an emerging trend in the industrial ethernet switch market. Key players in this market are leveraging advanced product development strategies to maintain their competitive edge. For example, Westermo, an industrial data communications products manufacturer based in Sweden, introduced a 10-gigabit industrial Ethernet switch in May 2022 to meet the increasing demand for bandwidth. This switch supports bigger, modern data communication networks and enables faster data transmission. The switch is empowered by the WeOS operating system, ensuring uninterrupted operation. It not only supports a growing number of protocols and features but also simplifies the installation, operation, and maintenance processes, effectively reducing complexity.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/industrial-ethernet-switch-global-market-report
What Are the Emerging Geographies for The Industrial Ethernet Switch Market Growth?
Asia-Pacific was the largest region in the global industrial ethernet switches market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial ethernet switch market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Industrial Ethernet Switch Market?
2. What is the CAGR expected in the Industrial Ethernet Switch Market?
3. What Are the Key Innovations Transforming the Industrial Ethernet Switch Industry?
4. Which Region Is Leading the Industrial Ethernet Switch Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Industrial Ethernet Switch Market Outlook 2025-2034: Trends, Innovations, And Future Outlook here
News-ID: 4012355 • Views: …
More Releases from The Business Research Company
Emerging Innovations Set to Redefine the Sewer Rehabilitation Services Market La …
How Large Is the Sewer Rehabilitation Services Market Anticipated to Become by 2025?
The global market for sewer rehabilitation services has experienced robust expansion lately, projected to increase from a valuation of $42.38 billion in 2024 to $45.14 billion in the subsequent year, reflecting a compound annual growth rate (CAGR) of 6.5%. This historical upward trajectory is primarily fueled by several key factors: escalating levels of urbanization, the ever-aging condition of…
2025-2034 Sea Based C4ISR Market Outlook: Emerging Drivers, Growth Barriers, and …
What Market Size Will the Sea Based C4ISR Sector Reach by 2025?
The maritime C4ISR market experienced substantial expansion lately, projected to climb from a value of $3.0 billion in 2024 to $3.17 billion the following year, reflecting a compound annual growth rate of 5.7%. This upward trend observed over the historical period stems from several factors, including the intensification of naval modernization initiatives, escalating maritime security perils, augmentation in defense…
The Impact of Rapid Urbanization on the Ripening Culture Market: A Key Force Sha …
What Is the Forecasted Size of the Ripening Culture Market by 2025?
The market for ripening cultures has experienced substantial expansion lately, projected to increase from a valuation of $1.46 billion in 2024 to $1.57 billion a year later, demonstrating a consistent yearly growth rate (CAGR) of 7.7%. This upward trajectory during the past period stems from several key factors, including heightened demand for fermented dairy items, greater recognition of the…
Strong Demand Anticipated to Drive Recirculating Chillers Market Toward $2.76 Bi …
How Much Expansion Is Expected in the Recirculating Chillers Market by 2025?
The market encompassing recirculating chillers has seen swift expansion lately, projected to escalate from a value of $1.65 billion in 2024 to $1.83 billion by the ensuing year, reflecting an impressive compound annual growth rate (CAGR) of 11.2%. This upward trajectory during the historical timeframe stems from several factors, including the proliferation of automated systems in industrial procedures, escalating…
More Releases for Switch
The Solara Switch Review - Activate Your "Tenth Switch" to Attract Wealth
Activate your subconscious and watch abundance flow effortlessly. >> https://rebrand.ly/solaraswitch
The self-improvement market is filled with products promising dramatic life changes, but the Solara Switch program stands out for its unique focus on what it describes as the "Wealth Switch" inside the mind. Combining personal storytelling with hypnotic techniques, this system aims to guide users toward greater abundance, financial relief, and emotional well-being.
What is Solara Switch?
Solara Switch is a digital audio…
Gene Switch / Molecular Switch Market Size to Expand Lucratively by 2034
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Gene Switch / Molecular Switch Market"- Distribution by Application Area (Management of Treatment Related Toxicity, Regulation of Gene Expression and Other Applications), Type of Target Therapy (CAR T Cell Therapy, Gene Therapy and Other Therapies), Type of Payment Model Employed (Upfront Payments and Milestone Payments),Industry Trends, and Global Forecasts, 2022-2035 And Segment Revenue and Forecast To…
Marine push button switch top choice - ONPOW61 Series push button switch
Image: https://k904.goodao.net/uploads/konos-1-300x251.png [https://k904.goodao.net/uploads/konos-1.png]
In the ever-evolving field of audio recording, complex environments and constantly changing demands pose various challenges to recording equipment. The Konos microphone emerges [https://www.konos-sound.com/] with its outstanding features.
Inside the compact body of the Konos microphone, an 80-element high-fidelity microphone array is integrated, which can flexibly adjust the directivity to accurately capture the target sound.
The unique three-in-one high-fidelity technology enables it to perform with ease even in highly noisy…
Gene Switch / Molecular Switch Market Robust Expansion is expected to 2031
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Gene Switch / Molecular Switch Market"- Distribution by Application Area (Management of Treatment Related Toxicity, Regulation of Gene Expression and Other Applications), Type of Target Therapy (CAR T Cell Therapy, Gene Therapy and Other Therapies), Type of Payment Model Employed (Upfront Payments and Milestone Payments),Industry Trends, and Global Forecasts, 2022-2035 And Segment Revenue and Forecast To…
Gene Switch / Molecular Switch Market Deep Research Report with Forecast to 2031
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Gene Switch / Molecular Switch Market"- Distribution by Application Area (Management of Treatment Related Toxicity, Regulation of Gene Expression and Other Applications), Type of Target Therapy (CAR T Cell Therapy, Gene Therapy and Other Therapies), Type of Payment Model Employed (Upfront Payments and Milestone Payments),Industry Trends, and Global Forecasts, 2022-2035 And Segment Revenue and Forecast To…
Outdoor Push Button Switch Solution: Metal Push Button Switch
Image: https://www.abnewswire.com/uploads/a932728581f5f212ad5d100d16b3a816.jpg
In modern life, the application of outdoor equipment is becoming increasingly widespread. Whether it's smart city infrastructure, traffic control systems, outdoor advertising equipment, or security systems, push button switches are an indispensable component. However, the variability of outdoor environments places stringent performance demands on push button switches. ONPOW's series of metal push button switch [https://www.onpowbutton.com/metal-push-button-switch/] offers a perfect solution for outdoor push button switch applications.
Outstanding Features of ONPOW Metal…
