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
- 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.
List of Figures
Figure 1: Global Industrial Ethernet Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Industrial Ethernet Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Industrial Ethernet Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Industrial Ethernet Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Industrial Ethernet Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Industrial Ethernet Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Industrial Ethernet Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Industrial Ethernet Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Industrial Ethernet Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Industrial Ethernet Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Industrial Ethernet Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Industrial Ethernet Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Industrial Ethernet Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Industrial Ethernet Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Industrial Ethernet Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Industrial Ethernet Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Industrial Ethernet Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Industrial Ethernet Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Industrial Ethernet Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Industrial Ethernet Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Industrial Ethernet Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Industrial Ethernet Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Industrial Ethernet Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Industrial Ethernet Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Industrial Ethernet Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Industrial Ethernet Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Industrial Ethernet Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Industrial Ethernet Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Industrial Ethernet Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Industrial Ethernet Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Industrial Ethernet Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Industrial Ethernet Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Industrial Ethernet Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Industrial Ethernet Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Industrial Ethernet Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Industrial Ethernet Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Industrial Ethernet Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Industrial Ethernet Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Industrial Ethernet Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Industrial Ethernet Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Industrial Ethernet Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Industrial Ethernet Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Industrial Ethernet Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Industrial Ethernet Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Industrial Ethernet Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Industrial Ethernet Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Industrial Ethernet Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Industrial Ethernet Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Industrial Ethernet Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Industrial Ethernet Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Industrial Ethernet Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Industrial Ethernet Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Industrial Ethernet Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Industrial Ethernet Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Industrial Ethernet Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Industrial Ethernet Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Industrial Ethernet Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Industrial Ethernet Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Industrial Ethernet Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Industrial Ethernet Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Industrial Ethernet Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Industrial Ethernet Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Industrial Ethernet Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Industrial Ethernet Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Industrial Ethernet Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Industrial Ethernet Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Industrial Ethernet Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Industrial Ethernet Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Industrial Ethernet Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Industrial Ethernet Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Industrial Ethernet Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Industrial Ethernet Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Industrial Ethernet Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Industrial Ethernet Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Industrial Ethernet Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Industrial Ethernet Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Industrial Ethernet Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Industrial Ethernet Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Research Process
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
Primary Research
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 Research
Secondary 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 Estimation
Both, 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