Industrial Ethernet Switches: World Trends & Drivers Analysis and Future Opportunity Outlook 2017-2018 to 2026 - ResearchAndMarkets.com | Financial Buzz

Industrial Ethernet Switches: World Trends & Drivers Analysis and Future Opportunity Outlook 2017-2018 to 2026 – ResearchAndMarkets.com

The “Industrial
Ethernet Switches – Global Market Outlook (2017-2026)” report
has been added to ResearchAndMarkets.com’s offering.

The Global Industrial Ethernet Switches Market is expected to grow at a
CAGR of 12.4% during the forecast period.

Reduction of business downtime, increasing preference for managed
switches with the rising implementation of IIoT and growing demand for
Ethernet IP to Process Field Bus (PROFIBUS) linking devices are some of
the key driving factors for the market growth. The emergence of Power
over Ethernet (PoE) switches will be a key trend for market growth.

However, high initial installment cost of switches and expansion in
implementation of WLAN solutions are some of the factors hindering the
market growth.

By End-User, electric & power segment seized a major share of the global
industrial ethernet market due to the large-scale acceptance of network
management devices such as switches, routers, hubs, and power supply
devices. As these devices guarantee effectual implementation,
supervision and security of the system, their demand has knowledgeable
increase over the forecasted period.

By geography, North America is anticipated to dominate the market due to
the automation installations in industrial Ethernet functions on the
control end, to utilize the system in the devices fixed on the grid and
established infrastructure.

The Asia Pacific Industrial Ethernet market growth is mainly driven by
continuous industrialization and need to automate the manufacturing
process.

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/research/4gxcds/industrial?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180622005614/en/