Industrial Power Over Ethernet Market by End-user, Type, and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR70551
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The industrial power over ethernet market has the potential to grow by USD 135.24 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 5.84%.

This industrial power over ethernet market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (power industry, oil and gas industry, telecommunications industry, and others), type (powered devices and power sourcing equipment), and geography (APAC, Europe, North America, MEA, and South America). The industrial power over ethernet market report also offers information on several market vendors, including Analog Devices Inc., Broadcom Inc., Cisco Systems Inc., Kinetic Technologies, Maxim Integrated Products Inc., Monolithic Power Systems Inc., ON Semiconductor Corp., Siemens AG, STMicroelectronics NV, and Texas Instruments Inc. among others.

What will the Industrial Power Over Ethernet Market Size be in 2021?

Industrial-Power-Over-Ethernet-Market-Market-Size-2020-2025

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Industrial Power Over Ethernet Market: Key Drivers and Trends

The increasing number of smart grid projects is notably driving the industrial power over ethernet market growth, although factors such as volatile oil and gas environment may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the industrial power over ethernet industry get your FREE report sample now.

  • The emergence of smart factories is one of the key trends industrial power over Ethernet market trends.
  • Industries have been transitioning from traditional automation to fully connected and flexible infrastructures to achieve self-optimization of processes.
  • The market drives the need for seamless communication and data flow and storage for the network and the cloud.
  • The application of industrial Ethernet protocols is essential to achieve machine-to-machine and machine-to-cloud communications.
  • Growing competitive pressure is prompting industries to optimize their manufacturing process. As a result, they are increasingly transitioning to smart factories, which is creating tremendous opportunities for vendors in the industrial power over Ethernet market.
  • The increasing number of smart grid projects is also one of the significant factors driving the growth of the market.
  • Many governments are taking initiatives to transform traditional power grids into smart grids to deliver reliable and uninterrupted power supply.
  • Smart grid operators need to have a system in place that can detect and react to local changes in power consumption.
  • Power over Ethernet can easily fulfill these requirements.
  • Power over Ethernet is used in smart grids to transfer power and data through a single wire to field devices.
  • The crucial application of industrial power over Ethernet in smart grids, which are increasingly being adopted worldwide, will contribute to the growth of the global industrial power over Ethernet market during the forecast period. 

This industrial power over ethernet market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Industrial Power Over Ethernet Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Analog Devices Inc.
  • Broadcom Inc.
  • Cisco Systems Inc.
  • Kinetic Technologies
  • Maxim Integrated Products Inc.
  • Monolithic Power Systems Inc.
  • ON Semiconductor Corp.
  • Siemens AG
  • STMicroelectronics NV
  • Texas Instruments Inc.

 

The industrial power over ethernet market is fragmented and the vendors are deploying growth strategies such as innovation to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the industrial power over ethernet market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Industrial Power Over Ethernet Market?

Industrial-Power-Over-Ethernet-Market-Market-Share-by-Region-2020-2025

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35% of the market’s growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for industrial power over ethernet in APAC. 

The increased number of mobile subscribers in the region will facilitate the industrial power over ethernet market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating End-user Segments in the Industrial Power Over Ethernet Market?

Industrial-Power-Over-Ethernet-Market-Market-Share-by-End User-2020-2025

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A rise in the number of installations of on-line power monitoring systems globally has led to an increase in the need for effective communication systems. Thus, the increased use of power monitoring systems is expected to propel the growth of the global industrial Power over Ethernet market during the forecast period. 

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the industrial power over ethernet market size.

 

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What are the Key Factors Covered in this Industrial Power Over Ethernet Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive industrial power over ethernet market growth during the next five years
  • Precise estimation of the industrial power over ethernet market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the industrial power over ethernet industry across APAC, Europe, North America, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of industrial power over ethernet market vendors

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Industrial Power Over Ethernet Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6%

Market growth 2021-2025

$ 135.24 million

Market structure

Fragmented

YoY growth (%)

4.91

Regional analysis

APAC, Europe, North America, MEA, and South America

Performing market contribution

APAC at 35%

Key consumer countries

China, US, Japan, Germany, and South Korea (Republic of Korea)

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Analog Devices Inc., Broadcom Inc., Cisco Systems Inc., Kinetic Technologies, Maxim Integrated Products Inc., Monolithic Power Systems Inc., ON Semiconductor Corp., Siemens AG, STMicroelectronics NV, and Texas Instruments Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The industrial power over ethernet market growth will increase by $135.24 million during 2020-2025.
The industrial power over ethernet market is expected to grow at a CAGR of 5.84% during 2020-2025.
Technavio has segmented the industrial power over ethernet market by end user (Power industry, Oil and gas industry, Telecommunications industry, and Others) ,type (Powered devices and Power sourcing equipment) , and geographic (APAC, Europe, North America, MEA, and South America).
Analog Devices Inc., Broadcom Inc., Cisco Systems Inc., Kinetic Technologies, Maxim Integrated Products Inc., Monolithic Power Systems Inc., ON Semiconductor Corp., Siemens AG, STMicroelectronics NV, Texas Instruments Inc. are a few of the key vendors in the industrial power over ethernet market.
APAC will register the highest growth rate of 34.93% among the other regions. Therefore, the industrial power over ethernet market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • China
  • US
  • Japan
  • Germany
  • South Korea (Republic of Korea)
The key factors driving the industrial power over ethernet market growth are:
  • Rise in adoption of IIoT connected devices in industrial processes
The industrial power over ethernet market vendors should focus on grabbing business opportunities from the power industry segment as it accounted for the largest market share in the base year.
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