<span lang="EN-US" arial","sans-serif";mso-fareast-font-family:"times="" new="" roman";="" color:black;mso-ansi-language:en-us;mso-fareast-language:en-in"="" style="box-sizing: border-box;">Report Coverage
<span lang="EN-US" arial","sans-serif";mso-fareast-font-family:="" "times="" new="" roman";color:black;mso-ansi-language:en-us;mso-fareast-language:="" en-in"="" style="box-sizing: border-box;">By Network: <span lang="EN-US" arial","sans-serif";mso-fareast-font-family:"times="" new="" roman";="" color:black;mso-ansi-language:en-us;mso-fareast-language:en-in"="" style="box-sizing: border-box;">Ethernet, Fiber Channel, Asynchronous Transfer Band, InfiniBand, Token Ring and Others.
<span lang="EN-US" arial","sans-serif";mso-fareast-font-family:="" "times="" new="" roman";color:black;mso-ansi-language:en-us;mso-fareast-language:="" en-in"="" style="box-sizing: border-box;">By Technology: <span lang="EN-US" arial","sans-serif";mso-fareast-font-family:"times="" new="" roman";="" color:black;mso-ansi-language:en-us;mso-fareast-language:en-in"="" style="box-sizing: border-box;">Wired LAN, Industrial POE, Fast Ethernet, Gigabit Ethernet and Others.
<span lang="EN-US" arial","sans-serif";mso-fareast-font-family:="" "times="" new="" roman";color:black;mso-ansi-language:en-us;mso-fareast-language:="" en-in"="" style="box-sizing: border-box;">By Management: <span lang="EN-US" arial","sans-serif";mso-fareast-font-family:"times="" new="" roman";="" color:black;mso-ansi-language:en-us;mso-fareast-language:en-in"="" style="box-sizing: border-box;">Managed, Unmanaged, Advanced.
<span lang="EN-US" arial","sans-serif";mso-fareast-font-family:="" "times="" new="" roman";color:black;mso-ansi-language:en-us;mso-fareast-language:="" en-in"="" style="box-sizing: border-box;">By Form: <span lang="EN-US" arial","sans-serif";mso-fareast-font-family:"times="" new="" roman";color:black;="" mso-ansi-language:en-us;mso-fareast-language:en-in"="" style="box-sizing: border-box;">Rack Mounted, DIN Rail Mounted, Chassis Mounted.
<span lang="EN-US" arial","sans-serif";mso-fareast-font-family:="" "times="" new="" roman";color:black;mso-ansi-language:en-us;mso-fareast-language:="" en-in"="" style="box-sizing: border-box;">By Applications: <span lang="EN-US" arial","sans-serif";mso-fareast-font-family:"times="" new="" roman";="" color:black;mso-ansi-language:en-us;mso-fareast-language:en-in"="" style="box-sizing: border-box;">Data Center, SOHO, Telecom, Automation/Manufacturing, Enterprise/Corporate, Rail, ITS, Smart Grid, Oil and Gas and Others.
<span lang="EN-US" arial","sans-serif";mso-fareast-font-family:="" "times="" new="" roman";color:black;mso-ansi-language:en-us;mso-fareast-language:="" en-in"="" style="box-sizing: border-box;">By Geography: <span lang="EN-US" arial","sans-serif";mso-fareast-font-family:"times="" new="" roman";="" color:black;mso-ansi-language:en-us;mso-fareast-language:en-in"="" style="box-sizing: border-box;">U.S, Canada, Mexico.
<span lang="EN-US" arial","sans-serif";mso-fareast-font-family:"times="" new="" roman";="" color:black;mso-ansi-language:en-us;mso-fareast-language:en-in"="" style="box-sizing: border-box;">Key Takeaways
- North America Industrial Switching Hub market share in data centres are expected to grow at a CAGR of 20.4% in the forecast period 2021-2026. The growth is attributed to applications of detecting broadcast storm, improving network reliability and so on.
- Ethernet is anticipated to grow at a CAGR of 20.5% during the forecast period. The rapidly growing adoption of Industrial IoT (IIoT) predominantly among the manufacturing and automotive sectors will improve the efficiency of production processes and supply chain. This is driving the growth of the industrial Ethernet switch market.
- In 2020, U.S dominated the Industrial Switching Hub market share of more than 62%. Owing to increased adoption of high bandwidth network, usage in data centres and so on are driving the Industrial Switching Hub in the region.
- North America Industrial Switching Hub top 10 include HP, Inc, Cisco systems Inc, Huawei Technologies Co. Ltd, Juniper Inc, Alcatel-Lucent Inc, Allied Telesis Inc, Arista Networks Inc, Hirschmann Inc, Brocade Communications Systems, Inc, Schneider Electric, Inc, ECI Telecom Ltd, Oracle Corporation, Moxa, Inc among others.
<span lang="EN-US" arial","sans-serif";mso-fareast-font-family:"times="" new="" roman";="" color:black;mso-ansi-language:en-us;mso-fareast-language:en-in"="" style="box-sizing: border-box;">North America Industrial Switching Hub Market, By Region, 2020
<span lang="EN-US" arial","sans-serif";mso-fareast-font-family:"times="" new="" roman";="" color:black;mso-ansi-language:en-us;mso-fareast-language:en-in"="" style="box-sizing: border-box;">North America Industrial Switching Hub Market Segment Analysis- By Network
Ethernet is anticipated to grow at a CAGR of 19.6% during the forecast period. The rapidly growing adoption of Industrial IoT (IIoT) predominantly among the manufacturing and automotive sectors is set to improve the efficiency of production processes and supply chain driving the growth of the industrial Ethernet market. Supportive government initiatives and hefty investments to extensively convert traditional grids into smart grids are resulting in the proliferation of the market. In 2020, major company, Midwest Utility announced plans to invest $7.6 Billion in Smart Grid Technology and Renewables Large-scale. Moreover, the adoption of industrial Ethernet products, such as switches, gateways, connectors, processors, and controllers for structuring industrial networks, is expected to boost the market growth over the forecast period. In addition the advent of innovative technologies, such as big data analytics, coupled with the increasing demand for cloud-based solutions in several enterprises across various sectors is escalating the demand for data centres, resulting in the industrial Ethernet market growth.
<span lang="EN-US" arial","sans-serif";mso-fareast-font-family:"times="" new="" roman";="" color:black;mso-ansi-language:en-us;mso-fareast-language:en-in"="" style="box-sizing: border-box;">North America Industrial Switching Hub Market Segment Analysis- By Application
<span lang="EN-US" arial","sans-serif";mso-fareast-font-family:"times="" new="" roman";="" color:black;background:white;mso-ansi-language:en-us;mso-fareast-language:en-in"="" style="box-sizing: border-box;">North America Industrial Switching Hub<span lang="EN-US" arial","sans-serif";mso-fareast-font-family:"times="" new="" roman";="" color:black;mso-ansi-language:en-us;mso-fareast-language:en-in"="" style="box-sizing: border-box;"> market in data centres is expected to grow at a CAGR of 20.4% in the forecast period 2021-2026. The operations of these data centre depend upon the technology, computers and networking. As more and more users are connected to the networks the problems related to speed in transferring and retrieving data will also increase as the bandwidth has to be divided among the users connected through various access points. So to resolve this problem data centres have to use the network switches which can connect each port directly, which will help to share the bandwidth among the users connected to the ports. Hence with these advantages several companies have adopted industrial switching hubs. In addition to this rise in investments, expansions related to data centres also creates an enormous opportunities for industrial switching hub. In 2019, Microsoft announced an investment of more than $1.1 billion for expansion of its presence in Mexico. Similarly Google has committed to expand its presence in U.S. Hence these benefits and investments are analysed to drive the market in the forecast period 2020-2025.
<span lang="EN-US" arial","sans-serif";mso-fareast-font-family:"times="" new="" roman";="" color:black;mso-ansi-language:en-us;mso-fareast-language:en-in"="" style="box-sizing: border-box;">North America Industrial Switching Hub Market Segment Analysis- By Geography
<span lang="EN-US" arial","sans-serif";mso-fareast-font-family:"times="" new="" roman";="" color:black;mso-ansi-language:en-us;mso-fareast-language:en-in"="" style="box-sizing: border-box;">In 2020, U.S dominated the <span lang="EN-US" arial","sans-serif";mso-fareast-font-family:"times="" new="" roman";color:black;="" background:white;mso-ansi-language:en-us;mso-fareast-language:en-in"="" style="box-sizing: border-box;">Industrial Switching Hub<span lang="EN-US" arial","sans-serif";="" mso-fareast-font-family:"times="" new="" roman";color:black;mso-ansi-language:en-us;="" mso-fareast-language:en-in"="" style="box-sizing: border-box;"> market share of more than 68%. Owing to increased adoption of high bandwidth network, usage in data centers and so on are driving the Industrial Switching Hub in the region. The demand for Industrial Switching Hub market has risen dramatically over the past 12 months in the region due to expansion of data centers. In 2019, Google has committed to invest more than $10 billion for the expansion of its data centers in 11 states. Use of Industrial Switching Hub and Access Point in various industries in these regions are pushing the growth of Industrial Switching Hub and Access Point market.
North America Industrial Switching Hub Market Drivers
Growing demand for switching hubs in data centres
Increasing investments towards the construction of data centres will be one of the primary factors that will drive market for Industrial Switching hub in this region. The growing demand for cloud computing will also drive the demand for data centres. In 2020 Microsoft has announced plans to invest more than $1.1 billion for the expansion of its data centres in Mexico. Similarly, several key vendors have already entered into agreements to set up and expand their market operations. As switching hub is used for several applications such as detecting broadcast storm and improving network reliability in data centres. Hence the growing investments towards data centre construction will drive market growth in the forecast period 2021-2026.
<span lang="EN-US" arial","sans-serif";mso-fareast-font-family:"times="" new="" roman";="" color:black;border:none="" windowtext="" 1.0pt;mso-border-alt:none="" 0cm;="" padding:0cm;mso-ansi-language:en-us;mso-fareast-language:en-in"="" style="box-sizing: border-box;">Emergence of new technologies
The emergence of Big data storage, and streaming media applications have affected behavior on the network which now requires larger bandwidth for buffering. As switching hubs are the devices manufactured to meet these requirements, hence these emerging technologies are analysed to drive the market. Similarly, increasing demand for the time synchronization between the equipment used in the industrial automation will also drive the industrial switching hub as these network devices are the main components which connect the industrial equipment on the network.<span lang="EN-US" arial","sans-serif";mso-fareast-font-family:="" "times="" new="" roman";color:black;background:white;mso-ansi-language:en-us;="" mso-fareast-language:en-in"="" style="box-sizing: border-box;"> Hence these advantages are analyzed to drive the market in the forecast period 2020-2025.
<span lang="EN-US" arial","sans-serif";mso-fareast-font-family:"times="" new="" roman";="" color:black;mso-ansi-language:en-us;mso-fareast-language:en-in"="" style="box-sizing: border-box;">North America Industrial Switching Hub Market Challenges
<span lang="EN-US" arial","sans-serif";mso-fareast-font-family:="" "times="" new="" roman";color:black;mso-ansi-language:en-us;mso-fareast-language:="" en-in"="" style="box-sizing: border-box;">Device Differentiation is difficult for switching hub
Industrial switching hubs are unable to differentiate between the devices on the network. For instance, if one computer is trying to reach another on a hub-based network, the computer will send the message to every other computer on the network, consuming bandwidth for each transfer. Identification and differentiation of device is difficult. Hence these kinds of challenges hamper the market in the forecast period 2021-2026.
<span lang="EN-US" arial","sans-serif";mso-fareast-font-family:"times="" new="" roman";="" color:black;mso-ansi-language:en-us;mso-fareast-language:en-in"="" style="box-sizing: border-box;">North America Industrial Switching Hub Market Landscape
Product launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the North America Industrial Switching Hub market. In 2020, the market of North America Industrial Switching Hub has been fragmented with several companies vying for top share. North America Industrial Switching Hub top 10 include HP, Inc, Cisco systems Inc, Huawei Technologies Co. Ltd, Juniper Inc, Alcatel-Lucent Inc, Allied Telesis Inc, Arista Networks Inc, Hirschmann Inc, Brocade Communications Systems, Inc, Schneider Electric, Inc, ECI Telecom Ltd, Oracle Corporation, Moxa, Inc among others.
Acquisitions/Technology Launches
- In April 2021, Phoenix Contact launched new FL Switch TSN 2300 devices which are the first Ethernet Switches for Time-Sensitive Networking (TSN) from Phoenix Contact.
- In October 2020, Indu-Sol launched PROmesh P10, an industrial switching hub. The PROFINET-certified Industrial Ethernet switch PROmesh P10 from Indu-Sol is an alternative to conventional permanent diagnostic approaches.
Related Reports:
Report Code: ESR 0025
<span lang="EN-US" arial","sans-serif";mso-fareast-font-family:"times="" new="" roman";="" color:black;background:white;mso-ansi-language:en-us;mso-fareast-language:en-in"="" style="box-sizing: border-box; font-family: sans-serif, "open sans"; font-size: 16px; background-color: rgb(255, 255, 255);"><span lang="EN-US" arial","sans-serif";mso-fareast-font-family:"times="" new="" roman";="" color:black;mso-ansi-language:en-us;mso-fareast-language:en-in"="" style="box-sizing: border-box; font-family: sans-serif, "open sans"; font-size: 16px; background-color: rgb(255, 255, 255);">
Report Code: ESR 99123
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