Industrial Transceivers Market By Technology (Single-Mode Industrial Transceivers, Multi-Mode Industrial Transceivers), By Application (Telecommunication and Data Processing , Automation, Power Management and Smart Grid , Electric Vehicles , Renewable Energy , Lighting): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global industrial transceivers market was valued at $1,710.4 million in 2021, and is projected to reach $3,876.3 million by 2031, registering a CAGR of 8.78% from 2022 to 2031.
A transceiver is a network device that sends and receives signals in single packets. Industrial transceivers are mostly used in telecommunications, data processing and management, and automation sectors. The most commonly available industrial transceiver designs are radio transceivers, telephony transceivers, and Ethernet transceivers.
In the industrial transceiver market, most manufacturers offer specially designed industrial transceivers integrated with various functions and specifications for a wide range of applications such as motor control & drives, electric vehicles, renewable energy, lighting, and smart grid.
The adoption of industrial automation and control systems augments the growth of the industrial transceivers market. Automation and control systems are being used in a wide range of industrial applications to improve efficiency, productivity, and safety. Industrial transceivers are a critical component of these systems, providing the communication and connectivity needed to enable automation and control.
The industrial transceivers market is segmented on the basis of technology, application, and region. By technology, the market is bifurcated into single-mode and multi-mode. By application, the market is categorized into automation, telecommunication & data processing, lighting, electric vehicles, power management & smart grid, and renewable energy. Region-wise, the industrial transceivers market is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific) and LAMEA (Latin America, the Middle East, and Africa).
The key players profiled in the industrial transceivers market report include Finisar Corporation, Cisco Systems Inc., Analog Devices Inc., Renesas Electronics, AMS Technologies AG, CTC Union Technologies Co., Ltd., Fujitsu Ltd., Eaton Corporation, Senra Tech, and Infineon Technologies.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the industrial transceivers market analysis from 2021 to 2031 to identify the prevailing industrial transceivers market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the industrial transceivers market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global industrial transceivers market trends, key players, market segments, application areas, and market growth strategies.
Key Market SegmentsBy TechnologySingle-Mode Industrial Transceivers
Multi-Mode Industrial Transceivers
By ApplicationTelecommunication and Data Processing
Automation
Power Management and Smart Grid
Electric Vehicles
Renewable Energy
Lighting
By RegionNorth America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Finisar Corporation
Cisco Systems Inc.
Analog Devices Inc.
Renesas Electronics
ams technologies ag
CTC Union Technologies Co.,Ltd
Fujitsu Ltd.
Eaton Corporation
Senra Tech
Infineon Technologies
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