According to Market Research Future (MRFR), the global industrial Ethernet switch market is projected to reach USD 2 billion, with a CAGR of 14% from 2017 to 2023 (forecast period). The report assesses and explores the impact of the outbreak of COVID-19 on the global Industrial Ethernet Switch Market, including potential opportunities and challenges, drivers, and threats.
The Ethernet switch helps connect Ethernet devices and receive data frames from one device and transfers these frames to the appropriate switch ports connected to the Ethernet. In general, Ethernet switches use the store and forward method to transfer frames in which the switch receives and transfers the entire frame at once. Switches can store frames in a data table and learn the location of devices like PLC, SCADA, and others in the industry. The switches can monitor the network with an LED and provide frame setting capability.
There are two types of industrial Ethernet switches, managed switches, and unmanaged switches. Managed switches can support SNMP (Simple Network Management Protocol), which is used to gather and configure information and track network devices. In the case of unmanaged switches, the status of the LED indicates network connectivity. The primary benefit of using a managed switch is that it provides a port mirroring function.
Key Players
Some of the industry giants in the market are Cisco Systems Inc. (U.S.), Juniper Networks, Inc. (U.S.), Polycom (U.S.), Alcatel-Lucent (France), Hewlett Packard Enterprise (U.S.), Microsoft Corporation (U.S.), Check Point Software Technologies Ltd. (Israel), Avaya Inc. (U.S.), IBM Corporation (U.S.), Siemens AG (Germany), Huawei Technologies Co., Ltd (China), Brocade Communications Systems, Inc. (U.S.), and ZTE Corporation (China), among others.
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Market Dynamics
Improving data center capacities and increasing deployment of Ethernet-based solutions in industries are primarily driving the market. The growing reliance of organizations on data centers, the need for high-speed data services, and the need for automatic switching devices are accelerating market growth. High costs associated with the installation of managed industrial Ethernet switches and lack of expertise inhibit market development.
Ethernet switches have a range of functions, including port mirroring, redundancy, QoS (Quality of Service), IGMP (Internet Group Management Protocol) snooping, and others. With port mirroring, the switch can monitor the frames sent by or received by the port. By feature, a PC running a program called a protocol analyser is capable of receiving or transmitting data from a wide range of ports that can help with problem-solving tools customization. Ethernet switches can withstand high operating temperatures and high vibration environments.
Market Segmentation
The global market for Managed Industrial Ethernet Switches Market has been segmented into type, application areas, organization size, and end-users.
Based on type, the global industrial Ethernet switch market has been segmented into managed switches and unmanaged switches.
Based on application areas, the global industrial Ethernet switch market has been segmented into security & surveillance, intelligent rail & traffic communication, smart grid, and others.
Based on organization size, the global industrial Ethernet switch market has been segmented into SME and large enterprises.
Based on end-users, the global industrial Ethernet switch market has been segmented into aerospace & defense, chemical, oil & gas, food & beverages, manufacturing, automotive, electrical power generation, and others.
Regional Analysis
Regionally, the global industrial Ethernet switch market is studied for North America, Europe, Asia Pacific, and the Rest of the world.
The Asia Pacific is expected to boost the global industrial Ethernet switch market during the forecast period. The deployment of industrial Ethernet between industries at different stages like SCADA (Supervisory Control and Data Acquisition) integration, PLC (Programmable Logic Control) communication, accelerates the market in this region. The advancement of fiber optics in telecommunications and the use of optical fibers are fuelling the growth of the industry. North America is expected to sustain a substantial growth rate over the projected period. The deployment of data centers and the need for components to assist data centers, the presence of large manufacturing companies, and the deployment of smart grids are driving the market for industrial Ethernet switch in the region.
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