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Industrial Ethernet Switches Market by Type (Modular Switches, Fixed Configuration Switches, Smart Switches, Managed L2 and L3 Switches) by Industry Vertical (Manufacturing, Electric and Power, Aerospace and Defense, Automotive and Transportation, Oil and Gas, Others)by End-user (Small Enterprise, Medium Enterprise, Large Enterprise): Global Industry Size, Share, Statistics and Forecast 2016 – 2028

Name: Industrial Ethernet Switches Market - Demand, Size and Competitive Analysis
Creator: Credence Research Inc.
Published: 2022-01-28
License: https://www.credenceresearch.com/info/privacy-policy
Keywords: Industrial Ethernet Switches Market

Summary
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Market Insights

Industrial switches are vital for process and manufacturing control. Since a network standard has been adopted, industrial switch technology has been widely used. It works based on a unified and transparent TCP/IP protocol. This is now the primary communication standard for industrial control and automation.

Industrial switches are designed to tolerate harsh operating environments and weather conditions. It can fulfill various industrial requirements due to the flexibility extended by its ports and the wide range of products in use. Modular Switches, Fixed Configuration Switches, Smart Switches, Managed L2, and L3 Switches are major types of Industrial Ethernet Switches.

The global Industrial Ethernet Switches market is expected to witness a CAGR of 7.66% during the forecast period. The revenue generated by the global Industrial Ethernet Switches market in 2021 was over USD 2,868.13 million and is expected to generate revenue worth USD 5,136.43 million in 2028. Therefore, the incremental growth opportunity offered by the global Industrial Ethernet Switches is estimated to be USD 29.42 billion between 2022 and 2028.

Interesting Facts about Industrial Ethernet Switches Industry

Industrial Ethernet Switches are designed for ultimate durability
Industrial Ethernet Switches also support twisted wires and optic cables
Industrial Ethernet Switches offers high speed ranging from 9.6 kbit/s with RS-232 to 1 Gbit/s with Gigabit Ethernet
Industrial Ethernet Switches may reduce real-time performance
The high speed of Industrial Ethernet Switches comes at the cost of higher complexity in network technology
The Industrial Ethernet Switches market is led by U.S., Germany, UK, France, China, and Japan

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Increasing Speed of Factory Automaton

Ethernet switches connect networking devices with computers. Industrial grade switches are made so that they can connect devices working in the most challenging industrial conditions. They are subjected to extreme weather, vibrations, and shocks. These switches have plenty of uses in factory automation and control, oil and gas sectors, and intelligent transport systems.

There will be growth in the industrial switches market due to many factors. One of these is the greater need for ensuring communication efficiency in the transport and automotive sectors. In addition, the demand for industrial switches will also be driven by the development of the smart grid, intelligent traffic, surveillance and security, and utilities.

Vulnerability To Security Breaches to Arrest the Market Growth

However, the key factor that can hinder the growth of the industrial switches market is its vulnerability to security breaches. On the other hand, the development and rise of Industry 4.0 will provide opportunities to boost the industrial switches market. In addition, the transportation and automotive industries are currently in the process of developing interconnected vehicles. This will further fuel the growth of the market.

Setback Due to COVID 19

The industrial switches market has taken a significant setback from the covid-19 epidemic. Due to lockdowns and restrictions, there have been severe workforce shortages across the globe, which have halted production in the semiconductors and electronics sectors. In addition, due to facility closures, travel bans, and reduced manufacturing utilization, the market for industrial switches has slowed down substantially.

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Industrial Ethernet Switch Offer Reliability in Tough Conditions

The industrial ethernet switch operates reliably in the most challenging industrial scenarios. Hence, these switches find use in manufacturing plants, railways, oil rigs, and other locations since they can withstand electrical noise, vibration, humidity, and a wide temperature range. In addition, industrial networking solutions and manufacturing automation have deterministic network requirements. Industrial Ethernet switches are designed to fulfill these needs.

Industrial Ethernet switches have applications in the Internet of Things that interconnect different kinds of devices. In IoT, devices distributed over many locations are connected to a network to collect, monitor, control, and process data. The industrial IoT or IIoT is a term that is used when IoT is designed to accommodate harsh industrial environments.

Due to their ruggedness and reliability, industrial Ethernet switches find use in mining, oil, gas, marine, and outdoor applications and factory and industrial automation. Industrial Ethernet switches are enclosed in rugged steel housings that use panel mounting or Din-Rail. Manufacturing, Electric and Power, Aerospace and Defense, Automotive and Transportation, Oil and Gas, and Others are major industry verticals wherein Industrial Ethernet switches have applications.

Alcatel-Lucent, Arista Networks, Belden Inc., Brocade Communication Systems Inc., Cisco Systems Inc., D-Link Corporation, Hewlett-Packard, Huawei Technologies, IBM Corporation, Juniper Network, Microsoft Corporation, Siemens Ag, TP-LINK Technologies Co., Ltd and TRENDnet, Inc. are some of the major players operating in global Industrial Ethernet Switches market.

1.Preface
1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary
2.1.Market Snapshot: Global Industrial Ethernet Switches Market

3.Market Dynamics & Factors Analysis
3.1.Introduction
3.1.1. Global Industrial Ethernet Switches Market Value, 2016-2028, (US$ Bn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition,2021
3.3.1.Type
3.3.2.Industry Vertical
3.3.3.End-user
3.3.4.Geography
3.4.Porter’s Five Forces Analysis
3.4.1.Threat of New Entrants
3.4.2.Bargaining Power of Buyers/Consumers
3.4.3.Bargaining Power of Suppliers
3.4.4.Threat of Substitute Types
3.4.5.Intensity of Competitive Rivalry
3.5.Value Chain Analysis

4.Market Positioning of Key Players, 2021
4.1.Company market share of key players, 2021
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis
5.1.Global Industrial Ethernet Switches Market Pre Vs Post COVID 19, 2019 – 2028
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America
6.1.North America Industrial Ethernet Switches Market, by Country, 2016-2028(US$ Bn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Industrial Ethernet Switches Market, by Type, 2016-2028(US$ Bn)
6.2.1.Overview
6.2.2.Modular Switches
6.2.3.Fixed Configuration Switches
6.2.4.Smart Switches
6.2.5.Managed L2 and L3 Switches
6.3.North America Industrial Ethernet Switches Market, by Industry Vertical, 2016-2028(US$ Bn)
6.3.1.Overview
6.3.2.Manufacturing
6.3.3.Electric and Power
6.3.4.Aerospace and Defense
6.3.5.Automotive and Transportation
6.3.6.Oil and Gas
6.3.7.Others
6.4.North America Industrial Ethernet Switches Market, by End-user, 2016-2028(US$ Bn)
6.4.1.Overview
6.4.2.Small Enterprise
6.4.3.Medium Enterprise
6.4.4.Large Enterprise

7.Europe
7.1.Europe Industrial Ethernet Switches Market, by Country, 2016-2028(US$ Bn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Industrial Ethernet Switches Market, by Type, 2016-2028(US$ Bn)
7.2.1.Overview
7.2.2.Modular Switches
7.2.3.Fixed Configuration Switches
7.2.4.Smart Switches
7.2.5.Managed L2 and L3 Switches
7.3.Europe Industrial Ethernet Switches Market, by Industry Vertical, 2016-2028(US$ Bn)
7.3.1.Overview
7.3.2.Manufacturing
7.3.3.Electric and Power
7.3.4.Aerospace and Defense
7.3.5.Automotive and Transportation
7.3.6.Oil and Gas
7.3.7.Others
7.4.Europe Industrial Ethernet Switches Market, by End-user, 2016-2028(US$ Bn)
7.4.1.Overview
7.4.2.Small Enterprise
7.4.3.Medium Enterprise
7.4.4.Large Enterprise

8.Asia Pacific
8.1.Asia Pacific Industrial Ethernet Switches Market, by Country, 2016-2028(US$ Bn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Industrial Ethernet Switches Market, by Type, 2016-2028(US$ Bn)
8.2.1.Overview
8.2.2.Modular Switches
8.2.3.Fixed Configuration Switches
8.2.4.Smart Switches
8.2.5.Managed L2 and L3 Switches
8.3.Asia Pacific Industrial Ethernet Switches Market, by Industry Vertical, 2016-2028(US$ Bn)
8.3.1.Overview
8.3.2.Manufacturing
8.3.3.Electric and Power
8.3.4.Aerospace and Defense
8.3.5.Automotive and Transportation
8.3.6.Oil and Gas
8.3.7.Others
8.4.Asia Pacific Industrial Ethernet Switches Market, by End-user, 2016-2028(US$ Bn)
8.4.1.Overview
8.4.2.Small Enterprise
8.4.3.Medium Enterprise
8.4.4.Large Enterprise

9.Latin America
9.1.Latin America Industrial Ethernet Switches Market, by Country, 2016-2028(US$ Bn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Industrial Ethernet Switches Market, by Type, 2016-2028(US$ Bn)
9.2.1.Overview
9.2.2.Modular Switches
9.2.3.Fixed Configuration Switches
9.2.4.Smart Switches
9.2.5.Managed L2 and L3 Switches
9.3.Latin America Industrial Ethernet Switches Market, by Industry Vertical, 2016-2028(US$ Bn)
9.3.1.Overview
9.3.2.Manufacturing
9.3.3.Electric and Power
9.3.4.Aerospace and Defense
9.3.5.Automotive and Transportation
9.3.6.Oil and Gas
9.3.7.Others
9.4.Latin America Industrial Ethernet Switches Market, by End-user, 2016-2028(US$ Bn)
9.4.1.Overview
9.4.2.Small Enterprise
9.4.3.Medium Enterprise
9.4.4.Large Enterprise

10.Middle East
10.1.Middle East Industrial Ethernet Switches Market, by Country, 2016-2028(US$ Bn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Industrial Ethernet Switches Market, by Type, 2016-2028(US$ Bn)
10.2.1.Overview
10.2.2.Modular Switches
10.2.3.Fixed Configuration Switches
10.2.4.Smart Switches
10.2.5.Managed L2 and L3 Switches
10.3.Middle East Industrial Ethernet Switches Market, by Industry Vertical, 2016-2028(US$ Bn)
10.3.1.Overview
10.3.2.Manufacturing
10.3.3.Electric and Power
10.3.4.Aerospace and Defense
10.3.5.Automotive and Transportation
10.3.6.Oil and Gas
10.3.7.Others
10.4.Middle East Industrial Ethernet Switches Market, by End-user, 2016-2028(US$ Bn)
10.4.1.Overview
10.4.2.Small Enterprise
10.4.3.Medium Enterprise
10.4.4.Large Enterprise

11.Africa
11.1.Africa Industrial Ethernet Switches Market, by Country, 2016-2028(US$ Bn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Industrial Ethernet Switches Market, by Type, 2016-2028(US$ Bn)
11.2.1.Overview
11.2.2.Modular Switches
11.2.3.Fixed Configuration Switches
11.2.4.Smart Switches
11.2.5.Managed L2 and L3 Switches
11.3.Africa Industrial Ethernet Switches Market, by Industry Vertical, 2016-2028(US$ Bn)
11.3.1.Overview
11.3.2.Manufacturing
11.3.3.Electric and Power
11.3.4.Aerospace and Defense
11.3.5.Automotive and Transportation
11.3.6.Oil and Gas
11.3.7.Others
11.4.Africa Industrial Ethernet Switches Market, by End-user, 2016-2028(US$ Bn)
11.4.1.Overview
11.4.2.Small Enterprise
11.4.3.Medium Enterprise
11.4.4.Large Enterprise

12.Global
12.1.Global Industrial Ethernet Switches Market, by Type, 2016-2028(US$ Bn)
12.1.1.Overview
12.1.2.Anode
12.1.3.Fuel
12.2.Global Industrial Ethernet Switches Market, by Type, 2016-2028(US$ Bn)
12.2.1.Overview
12.2.2.Modular Switches
12.2.3.Fixed Configuration Switches
12.2.4.Smart Switches
12.2.5.Managed L2 and L3 Switches
12.3.Global Industrial Ethernet Switches Market, by Industry Vertical, 2016-2028(US$ Bn)
12.3.1.Overview
12.3.2.Manufacturing
12.3.3.Electric and Power
12.3.4.Aerospace and Defense
12.3.5.Automotive and Transportation
12.3.6.Oil and Gas
12.3.7.Others
12.4.Global Industrial Ethernet Switches Market, by End-user, 2016-2028(US$ Bn)
12.4.1.Overview
12.4.2.Small Enterprise
12.4.3.Medium Enterprise
12.4.4.Large Enterprise

13.Company Profiles
13.1.Alcatel-Lucent
13.2.Arista Networks
13.3.Belden Inc.
13.4.Brocade Communication Systems Inc.
13.5.Cisco Systems Inc.
13.6.D-Link Corporation
13.7.Hewlett-Packard
13.8.Huawei Technologies
13.9.IBM Corporation
13.10.Juniper Network
13.11.Microsoft Corporation
13.12.Siemens Ag
13.13.TP-LINK Technologies Co., Ltd
13.14.TRENDnet, Inc.
13.15.Others

List of Figures

FIG. 1Global Industrial Ethernet Switches Market: Research Methodology
FIG. 2Market Size Estimation – Top Down & Bottom up Approach
FIG. 3Global Industrial Ethernet Switches Market Segmentation
FIG. 4Global Industrial Ethernet Switches Market, by Type, 2019 (US$ Bn)
FIG. 5Global Industrial Ethernet Switches Market, by Distribution Channel, 2021 (US$ Bn)
FIG. 6Global Industrial Ethernet Switches Market, by Geography, 2021 (US$ Bn)
FIG. 7Attractive Investment Proposition, by Geography, 2021
FIG. 8Global Market Positioning of Key Industrial Ethernet Switches Market Manufacturers, 2019
FIG. 9Global Industrial Ethernet Switches Market Value Contribution, By Type, 2021 & 2028 (Value %)
FIG. 10Global Industrial Ethernet Switches Market, by Modular Switches, Value, 2016-2028 (US$ Bn)
FIG. 11Global Industrial Ethernet Switches Market, by Fixed Configuration Switches, Value, 2016-2028 (US$ Bn)
FIG. 12Global Industrial Ethernet Switches Market, by Smart Switches, Value, 2016-2028 (US$ Bn)
FIG. 13Global Industrial Ethernet Switches Market, by Managed L2 and L3 Switches, Value, 2016-2028 (US$ Bn)
FIG. 14Global Industrial Ethernet Switches Market Value Contribution, By Industry Vertical, 2021 & 2028 (Value %)
FIG. 15Global Industrial Ethernet Switches Market, by Manufacturing, Value, 2016-2028 (US$ Bn)
FIG. 16Global Industrial Ethernet Switches Market, by Electric and Power, Value, 2016-2028 (US$ Bn)
FIG. 17Global Industrial Ethernet Switches Market, by Aerospace and Defense, Value, 2016-2028 (US$ Bn)
FIG. 18Global Industrial Ethernet Switches Market, by Automotive and Transportation, Value, 2016-2028 (US$ Bn)
FIG. 19Global Industrial Ethernet Switches Market, by Oil and Gas, Value, 2016-2028 (US$ Bn)
FIG. 20Global Industrial Ethernet Switches Market Value Contribution, By End-user, 2021 & 2028 (Value %)
FIG. 21Global Industrial Ethernet Switches Market, by Aluminum, Value, 2016-2028 (US$ Bn)
FIG. 22Global Industrial Ethernet Switches Market, by Small Enterprise, Value, 2016-2028 (US$ Bn)
FIG. 23Global Industrial Ethernet Switches Market, by Medium Enterprise, Value, 2016-2028 (US$ Bn)
FIG. 24Global Industrial Ethernet Switches Market, by Large Enterprise, Value, 2016-2028 (US$ Bn)
FIG. 25U.S. Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 26Rest of North America Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 27U.K. Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 28Germany Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 29France Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 30Italy Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 31Spain Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 32Russia Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 33BENELUX Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 34Poland Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 35Austria Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 36Rest of Europe Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 37Japan Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 38China Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 39India Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 40South Korea Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 41Australia Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 42Southeast Asia Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 43Rest of Asia Pacific Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 44Middle East & Africa Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 45South Africa Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 46Nigeria Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 47Egypt Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 48GCC Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 49Israel Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 50Latin America Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 51Mechanicalzil Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 52Argentina Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 53Colombia Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 54Peru Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)
FIG. 55Chile Industrial Ethernet Switches Market, 2016-2028 (US$ Bn)

List of Tables

TABLE 1Market Snapshot: Global Beauty Devices (Industrial Ethernet Switches) Market
TABLE 2Global Industrial Ethernet Switches Market, by Type, 2016-2028 (US$ Bn)
TABLE 3Global Industrial Ethernet Switches Market, by Distribution Channel, 2016-2028 (US$ Bn)
TABLE 4Global Industrial Ethernet Switches Market, by Geography, 2016-2028 (US$ Bn)
TABLE 5North America Industrial Ethernet Switches Market, by Type, 2016-2028 (US$ Bn)
TABLE 6North America Industrial Ethernet Switches Market, by Distribution Channel, 2016-2028 (US$ Bn)
TABLE 7North America Industrial Ethernet Switches Market, by Country, 2016-2028 (US$ Bn)
TABLE 8Europe Industrial Ethernet Switches Market, by Type, 2016-2028 (US$ Bn)
TABLE 9Europe Industrial Ethernet Switches Market, by Distribution Channel, 2016-2028 (US$ Bn)
TABLE 10Europe Industrial Ethernet Switches Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 11Asia Pacific Industrial Ethernet Switches Market, by Type, 2016-2028 (US$ Bn)
TABLE 12Asia Pacific Industrial Ethernet Switches Market, by Distribution Channel, 2016-2028 (US$ Bn)
TABLE 13Asia Pacific Industrial Ethernet Switches Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 14Latin America Industrial Ethernet Switches Market, by Type, 2016-2028 (US$ Bn)
TABLE 15Latin America Industrial Ethernet Switches Market, by Distribution Channel, 2016-2028 (US$ Bn)
TABLE 16Latin America Industrial Ethernet Switches Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 17Middle East Industrial Ethernet Switches Market, by Type, 2016-2028 (US$ Bn)
TABLE 18Middle East Industrial Ethernet Switches Market, by Distribution Channel, 2016-2028 (US$ Bn)
TABLE 19Middle East Industrial Ethernet Switches Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 20Africa Industrial Ethernet Switches Market, by Type, 2016-2028 (US$ Bn)
TABLE 21Africa Industrial Ethernet Switches Market, by Distribution Channel, 2016-2028 (US$ Bn)
TABLE 22Africa Industrial Ethernet Switches Market, by Country/Region, 2016-2028 (US$ Bn)

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Frequently Asked Questions

How COVID 19 Impacted Industrial Ethernet Switches Market?

Likewise other industries, COVID 19 also taken a toll on Industrial Ethernet Switches market with around 13.87% decline in its revenue in 2020 as compare to 2019

Which is the leading regional market for Industrial Ethernet Switches?

U.S. is the largest regional market with highest share in the total volume of Industrial Ethernet Switches consumed in 2021 followed by Europe

What is the major growth driving factors for global Industrial Ethernet Switches market?

Development of the smart grid, intelligent traffic, surveillance and security, and utilities is mainly driving the demand for Industrial Ethernet Switches

Which is major segment in Industrial Ethernet Switches market by type?

Modular Switches segment dominated the Industrial Ethernet Switches market in 2021 with over 30% share

Which is major segment in Industrial Ethernet Switches market by Industry Vertical?

Manufacturing segment was the largest Industry Vertical of Industrial Ethernet Switches in 2021 with over 25% share

About Author

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Materials Scientist
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The report was an excellent overview of the Industrial Burners market. This report does a great job of breaking everything down into manageable chunks.

Imre Hof
Management Assistant, Bekaert