The market for Industrial Ethernet Switch is anticipated to grow at a significant CAGR during the forecast period. The industrial-grade Ethernet switches are built to communicate devices in industrial network environments that have extreme operating temperatures that range from -40°C to 75°C, as well as shocks and vibrations. Ethernet switches of this type are used in the industrial and factory automation, rail and intelligent transportation systems (ITS), maritime, and oil and gas industries.
Furthermore, the factors such as increasing adoption of industrial Ethernet switches, along with the growing requirement to ensure efficiency in communication infrastructure in the automotive and transportation industries is driving the market growth. Additionally, an increase in the use of industrial Ethernet switches such as smart grid, intelligent rail & traffic, security & surveillance, and other utilities in industrial infrastructures is propelling the market forward.
However, due to the technological sophistication of Ethernet switches, they are prone to security assaults, which is expected to obstruct the market share of industrial Ethernet switches. Factors like the introduction of Industry 4.0, on the other hand, are expected to give the profitable potential for market expansion.
Market Coverage
o By Type
o By Industry Vertical
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Global Industrial Ethernet Switch Market by Segments
By Type
• Managed
• Unmanaged
By Industry Vertical
• Manufacturing
• Electric and Power
• Aerospace and Defense
• Automotive and Transportation
• Oil and Gas
• Others
Global Industrial Ethernet Switch Market by Region
North America
Europe
Asia-Pacific
Rest of the World