About Industrial Ethernet Switch
Industrial ethernet switch is the device designed to operate in industrial settings, it is for a base level of use considered for multiple levels in heavy and rugged environments. It works as the main station connecting computers, printers, and other devices. The switches are available in two types modular and fixed-configuration switches. It is a complex device with built-in intelligence to connect the ethernet nodes, it works by sending the data to a selected network segment according to the application.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Industrial Ethernet Switch market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Industrial Ethernet Switch Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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) and ALE International (France) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Industrial Ethernet Switch market by Type (Modular switches and Fixed configuration switches), Application (Automation Processes, Smart Transportation Systems, Security Operations, Power/Utility Plants and Others) and Region.
On the basis of geography, the market of Industrial Ethernet Switch has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry Verticals, the sub-segment i.e. Manufacturing will boost the Industrial Ethernet Switch market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Offline Retail will boost the Industrial Ethernet Switch market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product, the sub-segment i.e. Unmanaged Switches will boost the Industrial Ethernet Switch market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Advancement in the Industrial Communication Systems and Integration of Industrial Ethernet Switch in Automobile Operations
Market Growth Drivers:
Growing Demand for the Smart Ethernet Connection for Operating Efficiency in Critical Application and Need for the Eliminating the Network Problems Offering Full Bandwidth with Storage
Challenges:
Regulatory Compliances Associated with the Industrial Ethernet Switch
Restraints:
High-Security Risk Involved in Open Port on Unmanaged Industrial Ethernet Switch
Opportunities:
Increasing Automation in Manufacturing and Production Application will boost the Industrial Ethernet Switch Market
Market Leaders and their expansionary development strategies
In April 2020, Westermo Launches the Next-Generation Industrial Ethernet Switch Platform. The platform is ideal for handling big data and Industrial Internet of Things (IIoT) applications driven by global developments, such as urbanization and infrastructure investments. Integrating hardware, software, and network design support, the new switch platform is designed to offer advanced capabilities, the lowest total cost of ownership and could create reliable networks across more industries.
In January 2021, Transtector Systems, an Infinite Electronics brand and an industry-leading provider of end-to-end power and signal integrity solutions, released a full line of Ethernet switches, adding to its comprehensive selection of Ethernet surge protection and PoE solutions while addressing the need for simple, effective and reliable hardware for a range of Ethernet applications.
Key Target Audience
Industrial Ethernet Switch Manufacturers, Industrial Ethernet Switch International Traders, Industrial Ethernet Switch Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.