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

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

Market Overview:

The latest research study on the global Industrial Ethernet Switches market finds that the global Industrial Ethernet Switches market reached a value of USD 2718.61 million in 2022. It’s expected that the market will achieve USD 4575.44 million by 2028, exhibiting a CAGR of 9.06% during the forecast period.

Company Overview:

Cisco is one of the major players operating in the Industrial Ethernet Switches market, holding a share of 16.18% in 2019.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP)based networking and other products related to the communications and information technology (IT) industry and provide services associated with these products and their use. The Company provides products for transporting data, voice, and video within buildings, across campuses, and globally.

Siemens AG is an engineering and manufacturing company. The Company focuses on areas of electrification, automation, and digitalization. Siemens also provides engineering solutions in automation and control, power, transportation, and medical diagnosis.

Segmentation Overview:

Among different product types, Managed Switches segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Power industry segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Industrial Ethernet Switches market covered in Chapter 3:

Moxa
Huawei
Westermo
Rockwell Automation
Siemens
Juniper Networks
Cisco
Belden

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

Managed Switches
Unmanaged Switches

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

Power industry
Transportation industry
Metallurgy industry
Oil and gas industry
Mining industry
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)