Global Industrial Ethernet Market Size & Outlook

The industrial ethernet industry worldwide is expected to reach a projected revenue of US$ 19,411.5 million by 2030. A compound annual growth rate of 7.9% is expected of the worldwide industrial ethernet industry from 2024 to 2030.
Revenue, 2023 (US$M)
$11,433.0
Forecast, 2030 (US$M)
$19,411.5
CAGR, 2024 - 2030
7.9%
Report Coverage
Worldwide

Global industrial ethernet market, 2018-2030 (US$M)

Global industrial ethernet market highlights

  • The global industrial ethernet market generated a revenue of USD 11,433.0 million in 2023 and is expected to reach USD 19,411.5 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 7.9% by 2030.
  • In terms of segment, hardware accounted for a revenue of USD 11,433.0 million in 2023.
  • Hardware is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 11,433.0 million
Market revenue in 2030USD 19,411.5 million
Growth rate7.9% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentHardware
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware

Other key industry trends

  • In terms of revenue, the North America accounted for 35.2% of the global industrial ethernet market in 2023.

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Industrial Ethernet Market Scope

Industrial ethernet market segmentation & scope
Hardware
Software
Services
Protocol
EtherCAT
EtherNet/IP
PROFINET
POWERLINK
SERCOS III
CC-Link IE
End Use
Automotive & Transportation
Oil and Gas
Energy & Power
Food & Beverages
Chemical & Fertilizer
Electrical & Electronics
Aerospace & Defense
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Australia
China
India
Japan
South Korea
Brazil
UAE
South Africa
Saudi Arabia

Industrial Ethernet Market Companies

Name Profile # Employees HQ Website

Global industrial ethernet market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial ethernet market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global industrial ethernet market based on hardware covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Industrial Ethernet Type Outlook (Revenue, USD Million, 2018-2030)
    • Hardware
    • Software
    • Services
  • Global Industrial Ethernet Protocol Outlook (Revenue, USD Million, 2018-2030)
    • EtherCAT
    • EtherNet/IP
    • PROFINET
    • POWERLINK
    • SERCOS III
    • CC-Link IE
  • Global Industrial Ethernet End Use Outlook (Revenue, USD Million, 2018-2030)
    • Automotive & Transportation
    • Oil and Gas
    • Energy & Power
    • Food & Beverages
    • Chemical & Fertilizer
    • Electrical & Electronics
    • Aerospace & Defense
    • Others

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Target buyers of Global industrial ethernet market databook

  • Our clientele includes a mix of industrial ethernet market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global industrial ethernet market , including forecasts for subscribers. This global databook contains high-level insights into Global industrial ethernet market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global industrial ethernet market size, by regions, 2018-2030 (US$M)

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