An Ethernet switch is a multiport network switch, which connects all computer networking devices together on a computer. It helps in connecting Ethernet devices and also helps in receiving frames of data from one device and passes the frames to appropriate switch ports connected to an Ethernet. Generally, Ethernet switches use store & forward method for passing frames in which the switch receives & sends the entire frame at once. The switches are capable of storing these frames in the data table and can learn the location of devices, for instance, PLC, SCADA, and others in the industry. These switches are capable of monitoring the network with LED and providing frame setting capability.
Industrial Ethernet switches are classified into two types: managed switches and unmanaged switches. Managed switches are capable of supporting the Simple Network Management Protocol (SNMP), which is used for information collection and configuring & monitoring of network devices. While, in the case of unmanaged switches, the status of LED indicates network connectivity. The key advantage of using a managed switch is that it provides port mirroring function.
According to the study, “Global Industrial Ethernet Switch Market to reach USD XX billion by 2026” the key companies operating in the global industrial Ethernet switch market are Cisco Systems Inc., TP-LINK Technologies Co., Ltd., D-Link Corporation, Hewlett-Packard (HP), Juniper Networks Inc., Siemens AG, IBM Corporation, TRENDnet, Inc. and Microsoft Corporation.
Based on type, the industrial Ethernet switch market is segmented as fixed-configuration networks, modular switches, managed L2 and L3 switched smart switches and others. Based on end-user, the market is segmented as small enterprises, medium enterprises, and large enterprises. In addition, based on industry vertical, the market is segmented as manufacturing, energy & power, aerospace & defense, automotive & transportation, oil & gas, and others.
The industrial Ethernet switch market is driven by growth in the improvement of data center capacities, followed by an increase in the deployment of Ethernet-based solution in industries, growth in deployment of smart grids presence of large manufacturing industries, and a surge in dependency of organizations on data centers. However, lack of expertise and high cost associated with the installment of managed industrial Ethernet switches may impact the market. Moreover, an increase in the need for automatic switching devices and a rise in demand for high-speed data, services are key opportunities for the market.
Based on geography, the global industrial Ethernet switch market is segmented as North America, Asia Pacific, Europe, and Rest of the world. The Asian-Pacific region dominates the global market owing to growth in deployment of industrial Ethernet among industries in various stages such as PLC (Programmable Logic Control) communication and SCADA (Supervisory control and data acquisition) integration are driving the market in this region. Whereas, the North-America and European regions are anticipated to exhibit higher growth rate due to the growth of fiber optics in telecommunications and rise in usage of optical fibers over the forecast period. In upcoming years, it is predicted that the future of the global industrial Ethernet switch market will be bright as a result of growth in the deployment of data centers coupled with the rise in need for components assisting data centers during the forecast period.
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