Global Ethernet PHY Chip Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Ethernet PHY Chip Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The Ethernet physical layer, or PHY, transmits and receives data. The PHY encodes frames of transmitted data and decodes received frames using a specific modulation operating speed, transport media type, and supported link length. Ethernet PHY is a chip that realizes the hardware sending and receiving function of the Ethernet frame.

Market Overview:

The latest research study on the global Ethernet PHY Chip market finds that the global Ethernet PHY Chip market reached a value of USD 2533.98 million in 2022. It’s expected that the market will achieve USD 11594.34 million by 2028, exhibiting a CAGR of 28.85% during the forecast period.

Factory Automation Needs for Ethernet PHY Chips

Factory automation and intelligence drive the demand for Ethernet physical layer chips. Industrial manufacturing has a mainstream development trend of automation and intelligence, and the market demand for industrial-grade Ethernet chips will continue to expand. In the industrial arena, Ethernet offers interoperability advantages to address the communication challenges of Industry 4.0 and smart factories. In industrial scenarios, Ethernet chips can be used to connect industrial equipment such as PCs, PLCs, HMIs, programmable controllers, motion control systems, smart instruments, human-computer interaction equipment, various sensors, and servo systems.

As factory and building automation systems grow in complexity, so does the need to transfer more data to and from network edge nodes. Therefore, there is a growing demand for Ethernet PHY chips in factory automation.

Increased Demand for Ethernet PHY Chips in Consumer Electronics Market

In the global market, increasing penetration of internet connectivity and services in many developed and developing economies offers strong growth opportunities for the consumer electronics market.

In addition, with the continuous maturity and popularization of 5G technology, various other consumer electronic products that support 5G will also be developed. The improvement of residents' living standards and the upgrading of consumer electronics functions have brought about a steady increase in the demand for Ethernet PHY chips.

Increased Demand for Ethernet PHY Chips in the Telecom Industry

Ethernet PHY chips are in high demand in the telecom industry. In the field of telecommunications, the Ethernet physical layer chip is used as the basic chip for data communication between network devices such as routers and switches. As new technologies such as WiFi6 and 5G drive simultaneous upgrading of routers, the market growth of routers is relatively stable, which supports the market demand for Ethernet physical layer chips. In the telecom industry, router connectivity, EPON, optical transport network (OTN) equipment fiber optics, wired and wireless backhaul, and 5G mobile deployments are driving significant growth in Ethernet PHY chip applications.

Region Overview:

In 2022, the share of the Ethernet PHY Chip market in Americas stood at 41.07%.

Company Overview:

Broadcom is one of the major players operating in the Ethernet PHY Chip market, holding a share of 26.87% in 2023.

Broadcom is a global technology leader that designs, develops, and delivers a broad range of semiconductor and infrastructure software solutions. Broadcom's category-leading product portfolio serves key markets including data center, networking, software, broadband, wireless, storage, and industrial. Broadcom's solutions include data center networking and storage, enterprise and mainframe software focused on automation, monitoring and security, smartphone components, telecommunications, and factory automation.

Marvell is an American company that develops and manufactures semiconductors and related technologies. Marvell moves, stores, processes, and protects the world's data with semiconductor solutions designed to meet its customers' current needs and future goals.

Realtek Semiconductor Corp. is a fabless semiconductor company located in Hsinchu Science Park, Taiwan. Realtek Semiconductor Corp. provides communication network ICs, computer peripheral ICs, multimedia integrated circuits, and other products.

Segmentation Overview:

By type, Single Port segment accounted for the largest share of market in 2022.

Application Overview:

The market's largest segment by application is the segment Data Center and Enterprise Networks, with a market share of 19.83% in 2022.

Key Companies in the global Ethernet PHY Chip market covered in Chapter 3:

NXP Semiconductors
Broadcom
Texas Instruments Incorporated
Motorcomm
Marvell
Davicom Semiconductor Inc
Microchip Technology Inc
Realtek Semiconductor Corp.
Qualcomm

In Chapter 4 and Chapter 14.2, on the basis of types, the Ethernet PHY Chip market from 2018 to 2029 is primarily split into:

Single Port
Dual Port
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Ethernet PHY Chip market from 2018 to 2029 covers:

Data Center and Enterprise Networks
Industrial Automation
Consumer Electronics
Automotive
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)