The industrial Ethernet switch is a low port count, industrially hardened, a DIN-rail device for factory data procurement. These switches aid in continually broadening the variety of applications and end-user industries, the industrial Ethernet has emerged as a key platform of choice in both infrastructure architectures and automation. The market is anticipated to grow significantly over the forecast period owing realization by industries that using this will reduce the business downtime, availability of information at every location fast exchange of data between the selected sections and automation help in improving the productivity. Global Industrial Ethernet switch marketwas valued, in 2017 USD XX million and in 2027 is expected to reach at USD XX million with growing CAGR of XX%.
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Improvement of data center capacities and increase in deployment of Ethernet-based solution in industries are primarily driving the market. The increase in dependency of organizations on data centers, demand for high speed data services, and need for automatic switching devices are fuelling the market growth. The high cost associated with instalment of managed industrial Ethernet switches and lack of expertise are hindering the market growth.
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The industrial Ethernet switch market is segmented on the basis of end user,industry verticals and geography. By industry vertical, the market is classified into aerospace & defense,manufacturing, electric and power, oil & gas, automotive and transportation, and others. By organization size, it is divided into large scale enterprise, medium scale enterprise, and small scale enterprise.
Further, on the basis of region the market is segmented into North America, Europe, APAC, Latin America and Middle East & Africa.North America is anticipated to hold significant growth rate through the forecast period due to the deployment of data centers and need for components assisting data centers, presence of large manufacturing industries, and deployment of smart grids are driving the market for industrial Ethernet switch market in this region.
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Market segmented based on end user:
- Large Scale Enterprise
- Medium Scale Enterprise
- Small Scale Enterprise
Market segmented based on vertical:
- Aerospace & Defense
- Electric and Power
- Oil & Gas
- Automotive and Transportation
Market segmented based on region:
- North America
• Rest of Europe
• Rest of Asia-Pacific
- Latin America
• Rest of Latin America
- Middle East and Africa (MEA)
• South Africa
• Saudi Arabia
• Rest of MEA