Industrial Ethernet Switch Market Size, Trends and Global Forecast To 2032
The Business Research Company’s Industrial Ethernet Switch Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Industrial Ethernet Switch Global Market Report 2023 evaluates industrial ethernet switch market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global industrial ethernet switches market size is expected to grow from $2.6 billion in 2022 to $2.8 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global industrial ethernet switches market size is expected to reach $3.62 billion in 2027 at a CAGR of 6.6%.
The industrial ethernet switch market segments in the report are:
By Type:
Managed Industrial Ethernet Switches
Unmanaged Industrial Ethernet Switches
By Application:
Smart Grid
Security And Surveillance
Intelligent Rail And Traffic
By Industry Vertical:
Manufacturing
Electric And Power
Aerospace And Defense
Automotive And Transportation
Oil And Gas
Other Industry Verticals
Top Major Companies
Arista Networks Inc.
Cisco Systems Inc.
Belden Inc.
Siemens Ag
Huawei Technologies Co. Ltd.
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The table of contents in TBRC’s industrial ethernet switch market report includes:
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