Asia Pacific Industrial Ethernet Market Size & Outlook

The industrial ethernet market in Asia Pacific is expected to reach a projected revenue of US$ 4,678.2 million by 2030. A compound annual growth rate of 9.1% is expected of Asia Pacific industrial ethernet market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,549.6
Forecast, 2030 (US$M)
$4,678.2
CAGR, 2024 - 2030
9.1%
Report Coverage
Asia Pacific

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

Asia
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Asia Pacific industrial ethernet market highlights

  • The Asia Pacific industrial ethernet market generated a revenue of USD 2,549.6 million in 2023.
  • The market is expected to grow at a CAGR of 9.1% from 2024 to 2030.
  • In terms of segment, hardware was the largest revenue generating type in 2023.
  • Hardware is the most lucrative type segment registering the fastest growth during the forecast period.


Asia Pacific data book summary

Market revenue in 2023USD 2,549.6 million
Market revenue in 2030USD 4,678.2 million
Growth rate9.1% (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
Key market players worldwideCisco Systems Inc, Siemens AG, Rockwell Automation Inc, OMRON Corp, Phoenix Contact, Belden Inc, ABB Ltd, Schneider Electric SE


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 22.3% of the global industrial ethernet market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 4,678.2 million by 2030.

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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

Asia Pacific 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 Asia Pacific industrial ethernet market based on hardware covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Asia Pacific 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.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific industrial ethernet market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific industrial ethernet market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific industrial ethernet market

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