Global Protocol Converters Market Growth 2025-2031

Global Protocol Converters Market Growth 2025-2031

The global Protocol Converters market size is predicted to grow from US$ 197 million in 2025 to US$ 265 million in 2031; it is expected to grow at a CAGR of 5.1% from 2025 to 2031.

Americas is the largest Protocol Converters market with about 34% market share. APAC is follower, accounting for about 30% market share.

The key players are Monico, Inc., Ultra Electronics DNE Technologies, Hilscher, Phoenix Contact, Advantech, Red Lion, Toshiba International Corporation, Deutschmann Automation, Westermo, ICP DAS, Odot Automation, RLE Technologies, iGrid T&D, 3onedata etc. Top 3 companies occupied about 25% market share.

LP Information, Inc. (LPI) ' newest research report, the “Protocol Converters Industry Forecast” looks at past sales and reviews total world Protocol Converters sales in 2024, providing a comprehensive analysis by region and market sector of projected Protocol Converters sales for 2025 through 2031. With Protocol Converters sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Protocol Converters industry.

This Insight Report provides a comprehensive analysis of the global Protocol 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 Protocol Converters portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Protocol Converters market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Protocol 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 Protocol Converters.

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

Segmentation by Type:
RS-232/485/CAN Converter
E1/Ethernet Protocol Converter

Segmentation by Application:
Utilities
Industrial Automation

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 analysing the company's coverage, product portfolio, its market penetration.
Monico, Inc.
Ultra Electronics DNE Technologies
Hilscher
Phoenix Contact
Advantech
Red Lion
Toshiba International Corporation
Deutschmann Automation
Westermo
ICP DAS
Odot Automation
RLE Technologies
iGrid T&D
3onedata

Key Questions Addressed in this Report

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

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

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

How do Protocol Converters market opportunities vary by end market size?

How does Protocol Converters break out by Type, by Application?