Europe Industrial Wireline Networking Market Size & Outlook
The industrial wireline networking market in Europe is expected to reach a projected revenue of US$ 3,932.9 million by 2030. A compound annual growth rate of 13% is expected of Europe industrial wireline networking market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,675.0
Forecast, 2030 (US$M)
$3,932.9
CAGR, 2024 - 2030
13%
Report Coverage
Europe
Europe industrial wireline networking market, 2018-2030 (US$M)
Europe industrial wireline networking market highlights
- The Europe industrial wireline networking market generated a revenue of USD 1,675.0 million in 2023.
- The market is expected to grow at a CAGR of 13% from 2024 to 2030.
- In terms of segment, industrial ethernet was the largest revenue generating application in 2023.
- Industrial Ethernet is the most lucrative application segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 1,675.0 million |
| Market revenue in 2030 | USD 3,932.9 million |
| Growth rate | 13% (CAGR from 2023 to 2030) |
| Largest segment | Industrial ethernet |
| Fastest growing segment | Industrial Ethernet |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Industrial Ethernet |
| Key market players worldwide | BCE Inc (Bell Canada Enterprises), Hitachi Energy, Huawei Technologies, L&T Infotech, Viavi Solutions Inc, Amphenol, Intel Corp, Siemens AG, Broadcom Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 25.5% of the global industrial wireline networking market in 2023.
- Globally, Asia Pacific 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 4,989.0 million by 2030.
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Industrial Wireline Networking Market Scope
Industrial wireline networking market segmentation & scope
Deployment
On-premise
Cloud
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Japan
China
India
South Korea
Australia
Brazil
Argentina
Saudi Arabia
South Africa
UAE
Kuwait
Industrial Wireline Networking Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe industrial wireline networking market
Related regional statistics
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