HTF Market Intelligence Consulting Private Limited

Industrial Ethernet Switch Market to Observe Strong Growth by 2030: Cisco, Broadcom, IBM

The Industrial Ethernet Switch market size is estimated to increase by USD 1460.84 Million at a CAGR of 8.23% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 2404.98 Million.

 

Pune, Maharashtra -- (SBWIRE) -- 02/20/2023 -- According to HTF Market Intelligence, the Global Industrial Ethernet Switch market to witness a CAGR of 8.23% during forecast period of 2023-2028. The market is segmented by Application (Manufacturing, Aerospace and Defense, Electric and Power, Oil and Gas, Telecom & Electronics, Transportation, Others) by Type (Managed Type, Unmanaged Type) and by Geography (North America, South America, Europe, Asia Pacific, MEA).

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An industrial Ethernet switch is a type of network switch that is designed for use in harsh or demanding industrial environments. It is used to connect and manage multiple devices on an industrial network, such as sensors, controllers, and other industrial automation equipment.

Industrial Ethernet Switch Market - Key Segment Analysis
The market share growth by the Managed Type segment will be significant during the forecast period. The segment is driven by the Growing Demand for the Smart Ethernet Connection for Operating Efficiency in Critical Application, Need for the Eliminating the Network Problems Offering Full Bandwidth with Storage

Industrial Ethernet Switch Market - Competition Analysis
The global Industrial Ethernet Switch market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints to new territory. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward new growth cycle. The list of players that are profiled in the study are Cisco (United States), Broadcom (United States), Juniper Networks, Inc. (United States), IBM (United States), Check Point Software Technologies Ltd. (Israel), Siemens AG (Germany), ABB (Switzerland), Belden Inc. (United States), Transector (Infinite Electronics International, Inc.) (United States), Westermo (Sweden), Antaira Technologies (United States), WAGO (Germany), Moxa Inc. (Taiwan), ALE International (France)

Industrial Ethernet Switch Market - Geographical Outlook
Asia Pacific will provide maximum growth opportunities in Industrial Ethernet Switch market. According to our research, the region will account for 35% of the global market growth during the forecast period. The market in Asia Pacific is driven by Growing Demand for the Smart Ethernet Connection for Operating Efficiency in Critical Application, Need for the Eliminating the Network Problems Offering Full Bandwidth with Storage.

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What key data is demonstrated in this Industrial Ethernet Switch market report?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the Industrial Ethernet Switch market between 2023 and 2028
Precise estimation of the size of the Industrial Ethernet Switch market and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behaviour
Value in dollar term and growth of the market industry across APAC, Europe, North America, South America, and Middle East and Africa; further broken down by major country within region.
Thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of Industrial Ethernet Switch market players

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Some Extracts from Table of Content
- Overview of Industrial Ethernet Switch Market
- Market dynamics
Growth Drivers, Market Trends, Opportunities and Challenges

- Five Forces Analysis
Bargaining power of buyers, bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry
- Industrial Ethernet Switch Size (USD & Sales Volume) Comparison by Type (2017-2028)
- Industrial Ethernet Switch Size (USD & Consumption) and Market Share Comparison by Application (2017-2028)
- Industrial Ethernet Switch Size (Value & Volume) Comparison by Region (2017-2028)
- Market Capacity, Production, Export-Import by Region (2017-2022E)
- Industrial Ethernet Switch Market Sales, Revenue and Growth Rate (2017-2028)
- Competitive Situation and Trends
- Market Positioning and Share Analysis (2020-2022E)
- Suppliers High-Performance Operational Base Distribution
- Analyse competitors, Profiles, Sales Area, Product Category
- Industrial Ethernet Switch Cost Analysis
- Marketing Strategy Analysis
- Research Conclusions

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