Covid-19 Outbreak Impact on Ethernet PHY Chip Market Opportunities, Revenue Analysis and - Forecasts from 2020 to 2023
Market Overview
Market Research Future (MRFR) projects that the global ethernet PHY chip market is set to expand at 10.3% CAGR between 2018 and 2026. The market is expected to surpass a valuation of the USD 14,200 Mn by the year 2026.
Ethernet devices are used of support various types of physical media interfaces that requires high-speed networks. The rising application in digital televisions, gaming consoles, embedded telecom systems, set-top boxes is opening new growth avenues. End-user in consumer drive sectors are posting a stronger demand for high-speed data. The rise of internet of thigs (IoT) and increasing number of internet user are the two prime factors driving the market growth.
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Global Ethernet PHY Chip Market: Competition Analysis
MRFR in its report has profiled companies such as Intel Corporation (U.S.), Marvell (U.S.), Cirrus Logic, Inc. (U.S.), Silicon Laboratories (U.S.), Davicom Semiconductor Inc. (Taiwan), Broadcom (U.S.), Texas Instruments Incorporated (U.S.), Barefoot Networks (U.S.), Microchip Technology Inc. (U.S.) and NXP Semiconductors (The Netherlands). Many market players are actively focusing on growth-strategies such as collaboration and partnerships, mergers and acquisition and new product launches.
Global Ethernet PHY Chip Market: Segmental Analysis
The segmental analysis of the market has been conducted based on industry application, number of ports and data rate.
On the basis of industry application, the market has been segmented into telecom, consumer electronics, data center & enterprise networking, industrial automation, and automotive. On the basis of number of ports, the market has been segmented into dual port, single port and others. On the basis of data rate, the market has been segmented into greater than or equal to 100 Gbps, 10/100/1000 Mbps and 10/100 Mbps.
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Global Ethernet PHY Chip Market: Regional Analysis
The market has been covered across Europe, North America, the Middle East & Africa (MEA), South America and Asia Pacific (APAC). In terms of the value, APAC dominates the global ethernet PHY chip market and is expected to remain highly attractive destination for market players during the forecast period. Incessant industrial growth and rapid urbanization in countries such as China, Indonesia, India among others has reflected favourably on the region’s market. In 2017, APAC represented more than one-third share of the global market in terms of revenue. Adoption of new-age communication technology and rising demand for broad networks are among the key factors supporting the market growth in APAC. Moreover, the fast expansion of the telecommunication sector coupled with the growth of semiconductor and electronics manufacturing sector is reflecting favourably on the APAC market. By 2026, the APAC market is set to touch a valuation of USD 4,973.7 Mn.
North America hold second spot in the global ethernet PHY chip market in terms of revenue. In 2018, the region accounted for 29% share of the global market. The North America ethernet PHY chip market is expected to witness 11.6% CAGR during the forecast period (2018-2026). Additionally, the market in North America is set to surpass a valuation of USD 4,500 Mn. This can be mainly attributed to presence of a massive electronics industry which is fuelled by the increasing demand for white good in the region. Further, the faster adoption of advanced communication network technologies remains a favourable factor. In recent years, the region has witnessed growth of the information sector at breakneck speeds.
Europe is third in the pecking order and accounted for 24% market share in 2018. During the forecast period, the Europe ethernet PHY chip market is projected to demonstrate 10.1% CAGR and is expected to surpass valuation of 3,300 Mn by the year 2026. This mainly owing to the growth of datacentres in European countries such Germany, France, Netherlands, the UK among others
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