According to the report, the Industrial Ethernet Switch market is predicted to achieve USD 1,128 million by 2026. This report examines the status quo and projections of the global Industrial Ethernet Switch market and analyzes the Industrial Ethernet Switch market by manufacturer, type, application, and region. This report focuses on top manufacturers in North America, Europe, Japan, China, India, Southeast Asia, and other regions (Central and South America, Middle East and Africa).
Market Summary
Overview:
An Ethernet switch helps in connecting Ethernet devices and helps in receiving frames of data from one device and passes these frames to appropriate switch ports connected to the Ethernet. In general, Ethernet switches use store and forward method for passing frames in which the switch receives and sends the entire frame at once.
The Industrial Ethernet Switch market report covers the leading players in the market and analyzes their key strategies. Leading players in this market include:
ABB
Arista Networks
Belden
Cisco
Huawei
Siemens
The prominent market players maintain the competitive edge in the global market by making investments in the mergers and acquisitions and by increasing their product portfolio.
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Value:
It is estimated that the total market value of the Industrial Ethernet Switch global market is poised to reach USD 1,128 million in 2026 from USD 837 million in 2019, with a CAGR of 4.36%.
Facilitating and Limiting Factors:
The Industrial Ethernet Switch market is expected to register growth in the coming years, owing to the miniaturization of Ethernet switches. In addition, the improvement of data center capacities and increase in deployment of Ethernet-based solution in industries are also positively influencing the market growth. The rise in dependency of organizations on data centers, demand for high-speed data services, and the need for automatic switching devices are envisaged to push the demand in the global market. Yet, the high cost associated with the installation of managed Industrial Ethernet switches and lack of expertise are the key restraining factors for the Industrial Ethernet Switch market.
The global Industrial Ethernet Switch market is broadly divided based on type, application, and region:
By type - Managed industrial ethernet switches, Unmanaged industrial Ethernet switches
By application - Ship-building, Transportation, Series Machine Construction, Oil & Gas
By region - North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa, Others
In 2018, the Industrial Ethernet Switch global market was mainly concentrated in the three regions of Asia-Pacific, North America, and Europe. Asia-Pacific held the largest market share of 32.20% and is expected to show high growth in the following years. North America is the second largest market at a share of 31.07%, followed by Europe, accounting for 29.88%. In North America, data center deployment and demand for data center auxiliary components, the presence of large manufacturing industries, and the deployment of smart grids are factors fueling the growth of the market.
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Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Industrial Ethernet Switch Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Industrial Ethernet Switch Market by Types
4 Segmentation of Industrial Ethernet Switch Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Industrial Ethernet Switch Market in Major Countries
7 North America Industrial Ethernet Switch Landscape Analysis
8 Europe Industrial Ethernet Switch Landscape Analysis
9 Asia Pacific Industrial Ethernet Switch Landscape Analysis
10 Latin America, Middle East & Africa Industrial Ethernet Switch Landscape Analysis
11 Major Players Profile
11.1 ABB
11.1.1 ABB Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Arista Networks
11.3 Belden
11.4 Cisco
11.5 Huawei
11.6 Siemens
…
Audience:
l Industrial Ethernet Switch manufacturers
l Industrial Ethernet Switch importers and exporters
l Industrial Ethernet Switch traders, distributors, and suppliers
l Raw material suppliers of Industrial Ethernet Switch
l Industrial Ethernet Switch industry associations
l Product managers, Industrial Ethernet Switch industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
l Government agencies and NGOs
What Information does this report contain?
l The report covers the prediction and analysis of the global Industrial Ethernet Switch market at the global and regional levels.
l The report includes drivers and constraints that affect market growth.
l Discussed details about market opportunities
l The assessments for the regional market layout characteristics in the world.
l The report includes detailed company profiles for prominent market participants.
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