Industrial Ethernet Market: Valued at USD 84.80 Billion in 2024

Kings Research™ presents this information in its report titled, “Industrial Ethernet Market Size, Share & Industry Analysis, By Offering (Hardware, Software, Services), By Protocol (EtherCAT, EtherNet/IP, Profinet, Powerlink, Sercos III, CC-Link, Others), By Application and Regional Analysis, 2024-2031″

The global Industrial Ethernet Market size was valued at USD 25.78 billion in 2023 and is projected to grow from USD 29.53 billion in 2024 to USD 84.80 billion by 2031, exhibiting a CAGR of 16.27% during the forecast period. The growth of the market is fueled by the increasing adoption of IIoT, automation, and smart manufacturing.

List of Key Companies in Industrial Ethernet Market

• Belden Inc.
• Cisco Systems, Inc.
• Huawei Technologies Co., Ltd.
• Moxa Inc.
• Rockwell Automation
• Schneider Electric
• Siemens
• OMRON Corporation
• ABB
• SICK AG

Get Full Info with TOC @ https://www.kingsresearch.com/industrial-ethernet-market-961

Industrial Ethernet, a networking solution optimized for industrial environments, provides robust communication capabilities that support data transmission across complex industrial ecosystems.

Unlike traditional Ethernet networks, Industrial Ethernet is designed to withstand harsh environmental conditions such as extreme temperatures, humidity, vibration, and electromagnetic interference. This ruggedness makes it suitable for use in industries such as manufacturing, oil and gas, automotive, transportation, and energy, where maintaining reliable and continuous communication is paramount.