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The global industrial power over ethernet market is expected to grow at a CAGR of approximately 6.2% in the forecast period of 2024-2032. The market is majorly being driven by the rising emergence of smart factories across all the major regions.
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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The market is projected to grow at a CAGR of 6.2% between 2024 and 2032.
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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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124