India Industrial Ethernet Market Size & Outlook, 2023-2030
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India industrial ethernet market highlights
- The India industrial ethernet market generated a revenue of USD 520.2 million in 2023 and is expected to reach USD 1,174.5 million by 2030.
- The India market is expected to grow at a CAGR of 12.3% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating type in 2023.
- Software is the most lucrative type segment registering the fastest growth during the forecast period.
Industrial ethernet market data book summary
| Market revenue in 2023 | USD 520.2 million |
| Market revenue in 2030 | USD 1,174.5 million |
| Growth rate | 12.3% (CAGR from 2024 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Cisco 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, India accounted for 4.5% of the global industrial ethernet market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China industrial ethernet market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 594.3 million by 2030.
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Industrial Ethernet Market Scope
Industrial Ethernet Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Phoenix Contact | View profile | 10001+ | Blomberg, Niedersachsen, Germany, Europe | https://www.phoenixcontact.com/de-de/ |
| Belden Inc | View profile | 8000 | 1 North Brentwood Boulevard, 15th Floor, St. Louis, MO, United States, 63105 | https://www.belden.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Rockwell Automation Inc | View profile | 29000 | 1201 South Second Street, Milwaukee, WI, United States, 53204 | https://www.rockwellautomation.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| OMRON Corp | View profile | 28034 | Shiokoji Horikawa, Shimogyo-ku, Kyoto, Japan, 600-8530 | http://www.omron.co.jp |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
India 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 46.85% in 2023. Horizon Databook has segmented the India industrial ethernet market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of India industrial ethernet market databook
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Our clientele includes a mix of industrial ethernet market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 country-level data and insights on the India industrial ethernet market , including forecasts for subscribers. This country databook contains high-level insights into India industrial ethernet market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India industrial ethernet market size, by type, 2018-2030 (US$M)
India Industrial Ethernet Market Outlook Share, 2023 & 2030 (US$M)
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