Industrial Ethernet Market Overview
Ethernet is that the global standard for networking systems, creating communication between devices potential. Ethernet allows the conjoining of multiple computers, devices, machines, etc., over one network. Ethernet, these days has become the foremost widespread and widely used network technology. Industrial local {area network|LAN} systems are additional strong than office Ethernet. Industrial local area network has recently become Ethernet industry term within the producing world.
The pandemic fostered the necessity for industrial automation, which any helped the commercial local area network market to normalize and witness rising revenues. At the same time, rising economic and technical trends have given new opportunities to the market players. Industry players have started fostering investments in performing countermeasures. These factors would any completely impact the market growth.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Component, Protocol, Application and Region |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Belden, Inc., Robert Bosch, Cisco Systems, Inc., Eaton Corporation, Honeywell International, Inc., Innovasic Inc., Monnit Corporation, Moxa Inc., ABB Ltd., Physik Instrumente (PI) GmbH & Co., ACS Motion Control, Ltd., Barta-Schoenewald, Inc., BECKHOFF Automation, Omron Corporation, Parker Hannifin Corporation, Rockwell Automation, Schneider Electric, Siemens AG, Yaskawa Electric Corporation, Yokogawa Electric Corporation. |
The covid-19 Impact on Industrial Ethernet Market:
Like several different industries, COVID-19 badly knocked the electronic and semiconductor trade. This new event has compact nearly 230 countries in exactly a couple of weeks, leading to the forced conclusion of producing and transportation activities at intervals and across the countries. This has directly affected the expansion of the sector. It's calculable that COVID-19 to depart over USD thirty Million impacts on the physics and semiconductor trade. The arena is majorly affected thanks to transport restrictions on major physics and semiconductor staple suppliers. However, the rising want for semiconductors in many industries can supply fast market recovery over the longer-term amount.
Industrial Ethernet Market Segment Overview
By Component, the hardware segment is projected to grow demand for industrial local area network solutions with increased information measure capability. The main producing corporation's area unit deploying local area network switches with two.
By Protocol, Ethernet TCP/IP holds the major market share in the forecast period. The protocol is projected to visualize widespread usage throughout the projected amount because it permits for effective period exchange of time-sensitive factory/floor knowledge within the industrial context.
By Application, Oil and Gas hold the market segment over the forecast period. Because the oil & gas business is entering deeper waters to handle the increasing demand for resources, the necessity for specialized cable solutions and industrial local area network is probably going to considerably increase.
Market Analysis, Insights and Forecast – By Component
- Software
- Hardware
- Switches
- Up to 1Gbps
- 1 - 2.5 Gbps
- 5 - 10 Gbps
- Above 10 Gbps
- Hubs, Routers, and Gateways
- Connectors
- Communication Interfaces
- Controllers and Processors
- Others
- Switches
- Service
- Installation and Testing Service
- Maintenance Service
Market Analysis, Insights and Forecast – By Protocols
· HSE
· Sercos III
· Ethernet/IP
· Modbus TCP/IP
· Gigabit Wi-Fi
· Ethernet TCP/IP
· Powerlink
· EtherCAT
· CC-Link IE
Market Analysis, Insights and Forecast – By Application
· Aerospace & Defense
· Automotive
· Chemical
· Food & Beverages
· Energy & Power
· Pharmaceutical
· Oil & Gas
· Others
Industrial Ethernet Market Regional Overview
Region-wise, in terms of regions, North America holds to major market share in the forecast period. Owing to the widespread adoption of robotics and increasing industrialization across industry verticals. Canada is home to several industrial automation companies that style, manufacture, and installs industrial automation and robotics equipment.
Industrial Ethernet Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Industrial Ethernet Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Industrial Ethernet are highlighted below.
· In 2020, Innovasic INC. launched a series of quad-band Voltage-Controlled Oscillators (VCOs). This launch gives broadband capabilities without compromising the phase noise performance for its customers.
Industrial Ethernet Market, Key Players
· Belden, Inc.
· Robert Bosch
· Cisco Systems, Inc.
· Eaton Corporation
· Honeywell International, Inc.
· Innovasic Inc.
· Monnit Corporation
· Moxa Inc.
· ABB Ltd.
· Physik Instrumente (PI) GmbH & Co.
· ACS Motion Control, Ltd.
· Barta-Schoenewald, Inc.
· BECKHOFF Automation
· Omron Corporation
· Parker Hannifin Corporation
· Rockwell Automation
· Schneider Electric
· Siemens AG
· Yaskawa Electric Corporation
· Yokogawa Electric Corporation
Frequently Asked Questions (FAQ) :
Q1. What is the total CAGR expected to be recorded for the Industrial Ethernet market during the forecast period?
The Industrial Ethernet market is expected to record a CAGR of ~8% during the forecast period.
Q2. Which segment is projected to hold the largest share in the Industrial Ethernet Market?
Hardware segment is projected to hold the largest share in the Industrial Ethernet Market.
Q3. What are the driving factors for the Industrial Ethernet market?
Increasing adoption of Industrial IoT and Industry 4.0 solutions are key factors that boost the growth of the Industrial Ethernet market progressively.
Q4. Which Segments are covered in the Industrial Ethernet market report?
Component, Protocol, Application and Region, these segments are covered in the Industrial Ethernet market report.
Q5. Which are the prominent players offering Industrial Ethernet?
Belden, Inc., Robert Bosch, Cisco Systems, Inc., Eaton Corporation, Honeywell International, Inc., Innovasic Inc., Monnit Corporation, Moxa Inc., ABB Ltd., Physik Instrumente (PI) GmbH & Co., ACS Motion Control, Ltd., Barta-Schoenewald, Inc., BECKHOFF Automation, Omron Corporation, Parker Hannifin Corporation, Rockwell Automation, Schneider Electric, Siemens AG, Yaskawa Electric Corporation, Yokogawa Electric Corporation.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Industrial Ethernet Market Analysis (USD Million), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Component
- 5.2.1. Software
- 5.2.2. Hardware
- 5.2.2.1. Switches
- 5.2.2.1.1. Up to 1Gbps
- 5.2.2.1.2. 1 - 2.5 Gbps
- 5.2.2.1.3. 2.5 - 10 Gbps
- 5.2.2.1.4. Above 10 Gbps
- 5.2.2.2. Hubs, Routers, and Gateways
- 5.2.2.3. Connectors
- 5.2.2.4. Communication Interfaces
- 5.2.2.5. Controllers and Processors
- 5.2.2.6. Others
- 5.2.2.1. Switches
- 5.2.3. Service
- 5.2.3.1. Installation and Testing Service
- 5.2.3.2. Maintenance Service
- 5.3.1. HSE
- 5.3.2. Sercos III
- 5.3.3. Ethernet/IP
- 5.3.4. Modbus TCP/IP
- 5.3.5. Gigabit Wi-Fi
- 5.3.6. Ethernet TCP/IP
- 5.3.7. Powerlink
- 5.3.8. EtherCAT
- 5.3.9. CC-Link IE
- 5.4.1. Aerospace & Defense
- 5.4.2. Automotive
- 5.4.3. Chemical
- 5.4.4. Food & Beverages
- 5.4.5. Energy & Power
- 5.4.6. Pharmaceutical
- 5.4.7. Oil & Gas
- 5.4.8. Others
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East, and Africa
6. North America Industrial Ethernet Market Analysis (USD Million), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Component
- 6.2.1. Software
- 6.2.2. Hardware
- 6.2.2.1. Switches
- 6.2.2.1.1. Up to 1Gbps
- 6.2.2.1.2. 1 - 2.5 Gbps
- 6.2.2.1.3. 2.5 - 10 Gbps
- 6.2.2.1.4. Above 10 Gbps
- 6.2.2.2. Hubs, Routers, and Gateways
- 6.2.2.3. Connectors
- 6.2.2.4. Communication Interfaces
- 6.2.2.5. Controllers and Processors
- 6.2.2.6. Others
- 6.2.2.1. Switches
- 6.2.3. Service
- 6.2.3.1. Installation and Testing Service
- 6.2.3.2. Maintenance Service
- 6.3.1. HSE
- 6.3.2. Sercos III
- 6.3.3. Ethernet/IP
- 6.3.4. Modbus TCP/IP
- 6.3.5. Gigabit Wi-Fi
- 6.3.6. Ethernet TCP/IP
- 6.3.7. Powerlink
- 6.3.8. EtherCAT
- 6.3.9. CC-Link IE
- 6.4.1. Aerospace & Defense
- 6.4.2. Automotive
- 6.4.3. Chemical
- 6.4.4. Food & Beverages
- 6.4.5. Energy & Power
- 6.4.6. Pharmaceutical
- 6.4.7. Oil & Gas
- 6.4.8. Others
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Industrial Ethernet Market Analysis (USD Million), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Component
- 7.2.1. Software
- 7.2.2. Hardware
- 7.2.2.1. Switches
- 7.2.2.1.1. Up to 1Gbps
- 7.2.2.1.2. 1 - 2.5 Gbps
- 7.2.2.1.3. 2.5 - 10 Gbps
- 7.2.2.1.4. Above 10 Gbps
- 7.2.2.2. Hubs, Routers, and Gateways
- 7.2.2.3. Connectors
- 7.2.2.4. Communication Interfaces
- 7.2.2.5. Controllers and Processors
- 7.2.2.6. Others
- 7.2.2.1. Switches
- 7.2.3. Service
- 7.2.3.1. Installation and Testing Service
- 7.2.3.2. Maintenance Service
- 7.3.1. HSE
- 7.3.2. Sercos III
- 7.3.3. Ethernet/IP
- 7.3.4. Modbus TCP/IP
- 7.3.5. Gigabit Wi-Fi
- 7.3.6. Ethernet TCP/IP
- 7.3.7. Powerlink
- 7.3.8. EtherCAT
- 7.3.9. CC-Link IE
- 7.4.1. Aerospace & Defense
- 7.4.2. Automotive
- 7.4.3. Chemical
- 7.4.4. Food & Beverages
- 7.4.5. Energy & Power
- 7.4.6. Pharmaceutical
- 7.4.7. Oil & Gas
- 7.4.8. Others
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Industrial Ethernet Market Analysis (USD Million), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Component
- 8.2.1. Software
- 8.2.2. Hardware
- 8.2.2.1. Switches
- 8.2.2.1.1. Up to 1Gbps
- 8.2.2.1.2. 1 - 2.5 Gbps
- 8.2.2.1.3. 2.5 - 10 Gbps
- 8.2.2.1.4. Above 10 Gbps
- 8.2.2.2. Hubs, Routers, and Gateways
- 8.2.2.3. Connectors
- 8.2.2.4. Communication Interfaces
- 8.2.2.5. Controllers and Processors
- 8.2.2.6. Others
- 8.2.2.1. Switches
- 8.2.3. Service
- 8.2.3.1. Installation and Testing Service
- 8.2.3.2. Maintenance Service
- 8.3.1. HSE
- 8.3.2. Sercos III
- 8.3.3. Ethernet/IP
- 8.3.4. Modbus TCP/IP
- 8.3.5. Gigabit Wi-Fi
- 8.3.6. Ethernet TCP/IP
- 8.3.7. Powerlink
- 8.3.8. EtherCAT
- 8.3.9. CC-Link IE
- 8.4.1. Aerospace & Defense
- 8.4.2. Automotive
- 8.4.3. Chemical
- 8.4.4. Food & Beverages
- 8.4.5. Energy & Power
- 8.4.6. Pharmaceutical
- 8.4.7. Oil & Gas
- 8.4.8. Others
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East, and Africa Industrial Ethernet Market Analysis (USD Million), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Component
- 9.2.1. Software
- 9.2.2. Hardware
- 9.2.2.1. Switches
- 9.2.2.1.1. Up to 1Gbps
- 9.2.2.1.2. 1 - 2.5 Gbps
- 9.2.2.1.3. 2.5 - 10 Gbps
- 9.2.2.1.4. Above 10 Gbps
- 9.2.2.2. Hubs, Routers, and Gateways
- 9.2.2.3. Connectors
- 9.2.2.4. Communication Interfaces
- 9.2.2.5. Controllers and Processors
- 9.2.2.6. Others
- 9.2.2.1. Switches
- 9.2.3. Service
- 9.2.3.1. Installation and Testing Service
- 9.2.3.2. Maintenance Service
- 9.3.1. HSE
- 9.3.2. Sercos III
- 9.3.3. Ethernet/IP
- 9.3.4. Modbus TCP/IP
- 9.3.5. Gigabit Wi-Fi
- 9.3.6. Ethernet TCP/IP
- 9.3.7. Powerlink
- 9.3.8. EtherCAT
- 9.3.9. CC-Link IE
- 9.4.1. Aerospace & Defense
- 9.4.2. Automotive
- 9.4.3. Chemical
- 9.4.4. Food & Beverages
- 9.4.5. Energy & Power
- 9.4.6. Pharmaceutical
- 9.4.7. Oil & Gas
- 9.4.8. Others
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Belden, Inc.
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Robert Bosch
- 10.6. Cisco Systems, Inc.
- 10.7. Eaton Corporation
- 10.8. Honeywell International, Inc.
- 10.9. Innovasic Inc.
- 10.10. Monnit Corporation
- 10.11. Moxa Inc.
- 10.12. ABB Ltd.
- 10.13. Physik Instrumente (PI) GmbH & Co.
- 10.14. ACS Motion Control, Ltd.
- 10.15. Barta-Schoenewald, Inc.
- 10.16. BECKHOFF Automation
- 10.17. Omron Corporation
- 10.18. Parker Hannifin Corporation
- 10.19. Rockwell Automation
- 10.20. Schneider Electric
- 10.21. Siemens AG
- 10.22. Yaskawa Electric Corporation
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
