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Wide Application Scenarios for Industrial Ethernet Switches, 2023 Market Demand Shows Clear Diversification Trends

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Wide Application Scenarios for Industrial Ethernet Switches, 2023 Market Demand Shows Clear Diversification Trends

August 28, 2023

A recent research report has revealed the scale of the global and Chinese industrial Ethernet switch markets in 2022. The data shows that China's industrial Ethernet switch market reached 4.76 billion yuan in 2022, while the global market size was 18.515 billion yuan. Considering historical trends and development environments, the industrial switch market is expected to show significant prospects and potential in 2023, with substantial market capacity and growth space. By 2028, the global industrial Ethernet switch market is projected to grow to 27.87 billion yuan.

 

Industrial switches are a special type of switch designed for complex and variable industrial environments, suitable for scenarios with uncontrolled temperatures, high dust, risk of rain, harsh installation conditions, and poor power supply environments. Based on product types, industrial Ethernet switches can be divided into 4-port, 6-port, 8-port, 16-port, and 24-port configurations. In terms of end applications, industrial Ethernet switches are widely used in manufacturing, aerospace and defense, power, oil and gas, automotive and transportation sectors.

 

In terms of application scenarios, industrial switches are mainly used in power automation, factory automation, coal mine automation, rail transit, wind energy, metallurgy, building automation control systems, hydropower station control automation, environmental monitoring, and petrochemical industrial control automation sites. Particularly in the Chinese market, power and rail transit are the key application areas for industrial switches, accounting for about 70% of the domestic market.

 

In recent years, the rapid integration of big data, cloud computing, and IoT technologies has brought new development opportunities for industrial switches. Additionally, national policies have continuously introduced various encouragement and support measures, such as "Internet Plus," Industry 4.0, and new infrastructure, promoting the high-quality development of industrial switches.

 

With the continuous expansion and diversification of the industrial sector, the future industrial switch market will show a trend of diversification. Besides traditional industrial automation fields, industries such as healthcare, agriculture, power, and oil will also become potential markets for industrial switches. With the continuous advancement of industrial automation and the extension of industrial Ethernet technology applications, industrial switches will usher in greater development space. 2023 is a year worth anticipating, as traditional leading switch companies will successively release heavyweight industrial Ethernet switch products to meet the ever-changing and diverse market demands.

 

 

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