Industrial Ethernet Switch Market Revenue, Industry Growing Demand, Size, Share and Forecast - 2031

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.

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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.

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Market Coverage

• Segment Covered- 

o          By Type

o          By Industry Vertical

• Competitive Landscape: Arista Networks, Cisco Systems Inc., Belden Inc., Siemens Ag, Brocade Communication Systems Inc and others

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominates the market in base year?
• Which segment and region will project fastest growth in the market?
• How COVID-19 impacted the market?

o          Recovery Timeline

o          Deviation from pre-COVID forecast

o          Most affected region and segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

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

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