The "Industrial Ethernet Switches - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Industrial Ethernet Switches Market to Reach $35.3 Billion by 2027
Amid the COVID-19 crisis, the global market for Industrial Ethernet Switches estimated at US$29.6 Billion in the year 2020, is projected to reach a revised size of US$35.3 Billion by 2027, growing at a CAGR of 2.5% over the analysis period 2020-2027. Manufacturing, one of the segments analyzed in the report, is projected to record a 2.6% CAGR and reach US$6.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Aerospace & Defense segment is readjusted to a revised 3.3% CAGR for the next 7-year period.
The U. S. Market is Estimated at $8.7 Billion, While China is Forecast to Grow at 2.4% CAGR
The Industrial Ethernet Switches market in the U. S. is estimated at US$8.7 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$6.3 Billion by the year 2027 trailing a CAGR of 2.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 2.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR.
Energy & Power Segment to Record 3% CAGR
In the global Energy & Power segment, USA, Canada, Japan, China and Europe will drive the 3.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.7 Billion in the year 2020 will reach a projected size of US$3.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.9 Billion by the year 2027.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Industrial Ethernet Switches Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
- ABB Group
- Beckhoff Automation GmbH & Co. KG
- Belden, Inc.
- Cisco Systems, Inc.
- Hitachi Ltd.
- IDEC Corporation
- Rockwell Automation, Inc.
- Schneider Electric SA
- Siemens AG
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
- Manufacturing (End-Use) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027
- Manufacturing (End-Use) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019
- Manufacturing (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027
- Aerospace & Defense (End-Use) Worldwide Sales in US$ Million by Region/Country: 2020-2027
- Aerospace & Defense (End-Use) Historic Demand Patterns in US$ Million by Region/Country: 2012-2019
- Aerospace & Defense (End-Use) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027
- Energy & Power (End-Use) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027
- Energy & Power (End-Use) Retrospective Demand Analysis in US$ Million by Region/Country: 2012-2019
- Energy & Power (End-Use) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
- Oil & Gas Industry (End-Use) Demand Potential Worldwide in US$ Million by Region/Country: 2020-2027
- Oil & Gas Industry (End-Use) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019
- Oil & Gas Industry (End-Use) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027
- Mining (End-Use) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027
- Mining (End-Use) Global Historic Analysis in US$ Million by Region/Country: 2012-2019
- Mining (End-Use) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027
- Automotive (End-Use) Sales Estimates and Forecasts in US$ Million by Region/Country for the Years 2020 through 2027
- Automotive (End-Use) Analysis of Historic Sales in US$ Million by Region/Country for the Years 2012 to 2019
- Automotive (End-Use) Global Market Share Distribution by Region/Country for 2012, 2020, and 2027
- Other End-Uses (End-Use) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027
- Other End-Uses (End-Use) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019
- Other End-Uses (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
- Market Facts & Figures
- Industrial Ethernet Switches Market Share (in %) by Company: 2019 & 2025
- Market Analytics
- Industrial Ethernet Switches Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
- Industrial Ethernet Switches Historic Demand Patterns by End-Use in US$ Million for 2012-2019
- Industrial Ethernet Switches Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
IV. COMPETITION
- Total Companies Profiled: 67
For more information about this report visit https://www.researchandmarkets.com/r/etsjui
View source version on businesswire.com: https://www.businesswire.com/news/home/20210118005411/en/
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Laura Wood, Senior Press Manager
press@researchandmarkets.com
