Report Overview

The global industrial power over ethernet market is expected to grow at a CAGR of approximately 6.20% in the forecast period of 2025-2034. The market is majorly being driven by the rising emergence of smart factories across all the major regions.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Industrial Power Over Ethernet Market Analysis

The advent of intelligent factories is among the main factors driving the industry growth. Industries have moved from traditional automation to fully integrated and flexible infrastructures in order to achieve process self-optimisation. The market is fuelled by the need for seamless network and cloud communication and data flow and storage. The implementation of industrial ethernet protocols is vital if machine-to-machine and machine-to-cloud connectivity are to be achieved. The rising competitive pressure encourages companies to optimize their production processes. As a result, they are steadily moving to smart factories, which creates huge opportunities for power over the ethernet suppliers.

 

The growing number of smart grid projects is also a major driver for the market growth. Many governments have taken initiatives to convert traditional grids into smart grids to provide reliable as well as uninterrupted electricity supplies. Smart grid operators need a system to detect and respond to local power consumption changes. Ethernet power can easily meet these requirements. Power over ethernet is often used in intelligent grids to transfer power as well as data to field devices via a single wire. During the forecasted period, the critical application of industrial power over ethernet in smart grids, which are being increasingly implemented globally, would help to increase global industrial power over the ethernet market.

 

Industrial Power Over Ethernet Market Report Snapshots

Industrial Power Over Ethernet Market Size

Industrial Power Over Ethernet Market Analysis

Industrial Power Over Ethernet Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 6.20% between 2025 and 2034.

Major market drivers are the rising emergence of smart factories across all the major regions and the need for seamless network and cloud communication and data flow and storage.

The key trends include growing number of smart grid projects and the critical application of industrial power over ethernet in smart grids, which are being increasingly implemented globally by various governments.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The technology segments of the global industrial power over ethernet market are powered device and power sourcing equipment.

The applications include power industry, oil and gas industry, and telecommunication industry, among others.

The major players in the market are Belden Inc., Broadcom Inc., Cisco Systems, Inc., STMicroelectronics International NV, and Texas Instruments Inc., among others.

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