Global Industrial Media Converters Market Growth 2023-2029

Global Industrial Media Converters Market Growth 2023-2029

A media converter, in the context of network hardware, is a cost-effective and flexible device intended to implement and optimize fiber links in every kind of network. Among media converters, the most often used type is a device that works as a transceiver, which converts the electrical signal utilized in copper unshielded twisted pair (UTP) network cabling to light waves used for fiber optic cabling. It is essential to have the fiber optic connectivity if the distance between two network devices is greater than the copper cabling's transmission distance.

LPI (LP Information)' newest research report, the “Industrial Media Converters Industry Forecast” looks at past sales and reviews total world Industrial Media Converters sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Media Converters sales for 2023 through 2029. With Industrial Media Converters sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Media Converters industry.

This Insight Report provides a comprehensive analysis of the global Industrial Media Converters landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Media Converters portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Media Converters market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Media Converters and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Media Converters.

The global Industrial Media Converters market size is projected to grow from US$ 238.1 million in 2022 to US$ 317.1 million in 2029; it is expected to grow at a CAGR of 317.1 from 2023 to 2029.

A media converter offers fiber-to-fiber conversion as well, from multi-mode fiber into single-mode fiber. It also converts a dual fiber link to single fiber with the help of bi-directional (BIDI) data flow. In addition, media converters have the capability to convert between wavelengths for applications that use wavelength division multiplexing (WDM). Generally, media converters are protocol specific and they support an extensive array of data rates and network types. They are presented as physical layer or Layer 2 switching systems. Media converters that include Layer 2 switching functionality offer rate-switching as well as other innovative features.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Media Converters market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Standalone Media Converter
Chassis-based Media Converter

Segmentation by application
Manufacturing
Factory Automation
Oil & Gas Drilling
Mining
Security & Surveillance
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Advantech
Moxa
Westermo
Belden
Antaira
AFL Global
Red Lion
AMG System
Volktek
L-com
PLANET Technology
Navigate Worx Technologies
Optical Network Video Technologies
Omnitron Systems
E-link
Versa Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Media Converters market?

What factors are driving Industrial Media Converters market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Industrial Media Converters market opportunities vary by end market size?

How does Industrial Media Converters break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.