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

The industrial power over ethernet market share is expected to increase by USD 135.24 million from 2020 to 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 industrial power over ethernet market segmentations 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, 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 During the Forecast Period?

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Industrial Power Over Ethernet Market: Key Drivers, Trends, and Challenges

The rise in adoption of IoT connected devices in industrial processes is notably driving the industrial power over ethernet market growth, although factors such as volatile oil and gas environment may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the industrial power over the ethernet industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Industrial Power Over Ethernet Market Driver

The rise in adoption of IIoT connected devices in industrial processes is a major factor driving the global industrial power over ethernet market. IoT devices collect data through wireless industrial equipment, such as sensors and actuators, and transmit it to a centralized location on a real-time basis, which empowers the end-user to make informed decisions. One of the most important factors that ensure the effective implementation of IIoT in industrial operation is the effectiveness of communication networks through the use of wireless systems. These factors have increased the need for PoE equipment in industrial processes. In particular, at remote locations, wherein monitoring assets are spread over a large area, such as the oil and gas and power facilities, laying down wires can be highly expensive. The advances in IIoT and the increasing awareness about PoE will surge the adoption of industrial Power over Ethernet and drive the market growth.

Key Industrial Power Over Ethernet Market Trend

The emergence of smart factories is another factor driving the global industrial power over ethernet market share growth. The advent of smart factories is changing the facade of industrial manufacturing. In general, in a smart factory, real-time data and information are connected using a constant stream of data, and therefore, can improve or optimize processes through automation and self-optimization. Network and cloud are two connected infrastructures that are essential in achieving this goal. For attaining such connectivity specifications, industrial Ethernet protocols, such as EtherCAT and PoE technology, are selected to implement machine network (controller-to-sensors/actuators communication), machine-to-cloud communication, and machine-to-machine (M2M) communication, respectively, in the smart factory. Ongoing technological advances, increasing complexity in the supply chain, growing competitive pressure across the globe, ongoing organizational realignment resulting from information technology (IT) and operational technology (OT), and increased investments by end-user industries are fostering the adoption of the smart factory globally, which will drive the growth of the global industrial Power over Ethernet market during the forecast period.

Key Industrial Power Over Ethernet Market Challenge

The volatile oil and gas environment will be a major challenge for the global industrial power over ethernet market share growth during the forecast period. The oil and gas industry is a significant contributor to the global industrial Power over the Ethernet market. Industrial Power over Ethernet is used for oil and gas explorations and production applications. Hence, the volatility in the oil and gas market can adversely affect the growth of the global industrial Power over the Ethernet market. The crude oil prices before 2014 were substantially high, resulting in large-scale investments by oil and gas upstream companies. However, crude oil prices witnessed a slump afterward and continued to decline. The oil and gas industry has been adversely affected by several factors, including the COVID-19 outbreak, the Russia-OPEC trade war, and the rising adoption of alternative energy sources, which has resulted in fluctuating oil prices. However, in 2020-2021, the oil and gas upstream investments were, therefore, expected to be slower, after which investments may rise, in turn, driving the demand for industrial Power over Ethernet in the oil and gas industry.

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. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global Industrial Power over the Ethernet market as part of the global communications equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the industrial power over the ethernet market during the forecast period.

Who is 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.

 

This statistical study of the industrial power over ethernet market encompasses successful business strategies deployed by the key vendors. The industrial power over the ethernet market is fragmented and the vendors are deploying growth strategies such as developing and manufacturing industrial Power over Ethernet to gain to compete in the market.

Product Insights and News

• Analog Devices Inc.- The company offers a wide variety of power sourcing equipment (PSE) and powered device (PD) controllers that support multiple power levels: IEEE PoE (13W, 802.3af), IEEE PoE+ (25.5W, 802.3at), IEEE PoE++ (71.3W, 802.3bt), and ADI LTPoE++ (90W) standard. Our PSE and PD controllers provide complete PoE solutions and use external components such as power MOSFETs and sense resistors to lower resistance in the power path-minimizing heat dissipation and maximizing power efficiency.

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.

The industrial power over ethernet market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Industrial Power Over Ethernet Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the industrial power over ethernet market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the global communications equipment market includes the following core components:

• Inputs
• Inbound logistics
• Operations
• Outbound logistics
• Marketing and sales
• Service
• Support activities
• Innovation

The report has further elucidated on other innovative approaches being followed by service providers to ensure a sustainable market presence.

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

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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 market in APAC. Market growth in this region will be faster than the growth of the market in North America.

The increased number of mobile subscribers in the region will facilitate the industrial power over ethernet market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

 

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

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The industrial power over ethernet market share growth by the power industry segment will be significant during the forecast period. 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. 

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

 

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 5.84%
Market growth 2021-2025	$ 135.24 million
Market structure	Fragmented
YoY growth (%)	4.91
Regional analysis	APAC, Europe, North America, MEA, South America, 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
Key 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 recovery analysis 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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What are the Key Data 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, South America, 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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