Single Pair Ethernet Market: Current Analysis and Forecast (2021-2027)

$3500$6860

Emphasis on Type (Infrastructure and Device Components, Solutions and Services); Application (Industrial Robots, Access Control, Vehicles, Others); and Region & Country.
Pages:

148

Table:

37

Figure:

61

Report ID:

UMTI21240

Geography:

Clear
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Report Description
Table of content
Research Methodology

Report Description

As more manufacturing and industrial equipment and devices are being connected, OT networks have become a jigsaw puzzle of Ethernet and legacy fieldbus protocols. In terms of new installed nodes, recent research concluded that industrial Ethernet had surpassed traditional fieldbuses for the first time in 2018, and this progress continued in 2019. Industrial Ethernet continues with a steady growth rate of 20% and now makes up 65% of the global market, an increase of 8%. Globally, PROFINET is now the largest industrial Ethernet network with 18% of the market followed closely by EtherNet/IP at 17%.

Increasing demands on automation infrastructure interoperability means that SPE is the enabling platform that allows the migration from various legacy networks to one universal physical layer. The connectivity between the corporate and Industry 4.0 is a step closer to being delivered through a single technology from the edge sensor, plant floor, data centre monitoring devices, to the corporate desktop.

Single pair ethernet (SPE) is a key technology on the way to smart factory and industry 4.0. IoT, robots, Big Data are just some of the things that will impact on North American industry. As well as greater efficiencies, collaboration and innovation, the advent of Industry 4.0 will bring many positives across various industrial sector. Due to the early adoption of trending technologies, such as IoT, big data, DevOps and Mobility, manufacturers in North America are keen to integrate IoT technologies in their processes. For instance: 55% of North American companies have adopted big data analytics to improve their operational efficiency, such as Boeing, IBM and General Electric among others.

The US is also the fourth biggest market for industrial robot installations, just behind China, Japan and Korea. The US brought in 33K units in 2017, 6% higher than the previous year (2016).

United States dominated the North America Single Pair Ethernet market and is expected to grow at a CAGR of XX% during the forecast period to reach the market value of US$ XX Mn by 2027. The presence of well-established players in the country leading to the offering of new services and technology due to which the end-users are more inclined towards the adoption of services and the market is rising, As per a study U.S based tech company CompTIA, there are more than 525,000 software and IT services companies in the United States (approximately 40,500 tech startups were established in 2018 alone).

The reduced IT spending on Hardware in the country would demand the cost-efficient model. As per IDC,  the global IT spending on the devices reduced 8.8%  in 2020 as compared to 2019 and the organizations are shifting on the adoption of fast, simple and cost-effective solutions

TE Connectivity, HARTING, HIROSE, Würth Electronics, Phoenix Contact, Softing AG, Belden, LEONI, MURR Elektronik, etc. are some of the prominent players operating in the Global Single Pair Ethernet market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report

“Amongst Type, The Infrastructure & Device Components segment holds the major share”

Based on the types, the market is fragmented into Infrastructure & Device Components and Solutions & Services. Single Pair Ethernet is the infrastructure basis that makes IIoT and Industry 4.0 possible. In the past few decades, Industry 4.0 takes the emphasis on digital technology from recent decades to a whole new level with the help of interconnectivity through the Internet of Things (IoT), access to real-time data, and the introduction of cyber-physical systems.

“Amongst Application, Industrial Robots segment holds the major share”

Based on the Application, the market is fragmented into Industrial Robots, Access Control, Vehicles and Others. Industrial robots present high demands on cables and other supply lines for apparatus with which the robot fulfils its current task. Several axes are set in motion during an operation and bend or twist cables several thousand times during a working life. For this reason, cable manufacturers offer Ethernet cables specially optimized for these applications. The highly flexible cables have finer strands that can withstand significantly more work cycles. Analogous to this principle: the thinner the more flexible, SPE cables also offer significantly higher numbers of possible work cycles in robotic applications.  This longer service life means considerable cost savings.

“North America represents one of the largest markets of Single Pair Ethernet market”

For a better understanding of the market dynamics of the Single Pair Ethernet market, a detailed analysis was conducted for different regions across the globe including North America (the U.S, Canada, and the Rest of North America), Europe (Germany, France, Italy, United Kingdom, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC) and Rest of the World. North America dominated the market and grabbed around XX% market share owing to advanced automobile industry and highly developed industrial infrastructure in the region.

Reasons to buy this report:

  • The study includes market sizing and forecasting analysis validated by authenticated key industry experts
  • The report presents a quick review of overall industry performance at one glance
  • The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments
  • Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry
  • The study comprehensively covers the market across different segments
  • Deep dive regional level analysis of the industry

Customization Options:

Single Pair Ethernet Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

  1.1Market Definitions
  1.2Objective of the Study
  1.3Limitation
  1.4Stake Holders
  1.5Currency Used in Report
  1.6Scope of the Digital Logistics Market Study

 

  2.1Research Methodology for the Digital Logistics Market
   2.1.1Main Objective of the Digital Logistics Market

 

  6.1Inventory Management
  6.2Warehouse Management System
  6.3Fleet Management
  6.4Others
  7.1Large Enterprises
  7.2Small-Medium Enterprises
  8.1Cloud 
  8.2On-Premises
  9.1Retail 
  9.2Automotive
  9.3Pharmaceuticals
  9.4Food & Beverages
  9.5Oil & Gas
  10.1Market Attractiveness Index, By Region
  10.2North America Digital Logistics Market 
   10.2.1United States
   10.2.2Canada
   10.2.3Rest of North America
  10.3Europe Digital Logistics Market
   10.3.1United Kingdom
   10.3.2Germany
   10.3.3France
   10.3.4Italy
   10.3.5Spain
   10.3.6Rest of Europe
  10.4Asia-Pacific Digital Logistics Market
   10.4.1China
   10.4.2Japan
   10.4.3India
   10.4.4Australia
   10.4.5Rest of Asia-Pacific
  10.5Rest of World Digital Logistics Market

 

  11.1Demand Side Analysis
  11.2Supply Side Analysis
   11.2.1Top Product Launches
   11.2.2Top Business Partnerships
   11.2.3Top Business Expansions, Investments and Divestitures
   11.2.4Top Merger and Acquisitions

 

  14.1Market Drivers
  14.2Market Challenges
  14.3Impact Analysis
  16.1Digital Logistics Market Share, By Company, 2020 (%)
  16.2Top Logistics Tech Startups Company
  17.1IBM 
  17.2Oracle 
  17.3SAP 
  17.4Intel 
  17.5Infosys 
  17.6HCL Technologies
  17.7Samsung SDS
  17.8Cloud Logistics
  17.9Digi Logistics
  17.10Tech Mahindra

Research Methodology

Analyzing the historical market, estimation of the current market, and forecasting the future market of the Global Single Pair Ethernet Market were the three major steps undertaken to create and analyze the adoption of Single Pair Ethernet in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the Single Pair Ethernet market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments the industry pertains to. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of the Single Pair Ethernet through company internal sources such as annual report & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the Single Pair Ethernet Market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments included in the report as Type and Application. Further country-level analyses were conducted to evaluate the overall adoption of Single Pair Ethernet in that region.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of Single Pair Ethernet. Further, we conducted factor analysis using dependent and independent variables such as surging digitalization advancement in the hardware, devices, or services, growing preference towards cloud adoption, among others. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, merger and acquisition, business expansion, and product launches in the Single Pair Ethernet sector across the globe.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the Single Pair Ethernet market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e. bottom-up approach was applied to arrive at the market forecast about 2027 for different segments and subsegments across the major markets globally. The research methodology adopted to estimate the market size encompasses:

  • The industry’s market size, in terms of value (US$) and the adoption rate of Single Pair Ethernet across the major markets domestically
  • All percentage shares, splits, and breakdowns of market segments and sub-segments
  • Key players in the Single Pair Ethernet Marketin terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

 

Market Engineering

Data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers of each segment and sub-segment of the Single Pair Ethernet market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of type and applications of the Single Pair Ethernet market.

The main objective of the Single Pair Ethernet Market Study

The current & future market trends of Single Pair Ethernet were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. Current and future market trends were determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:

  • Analyze the current and forecast market size of Single Pair Ethernet in terms of value (US$). Also, analyze the current and forecast market size of different segments and sub-segments
  • Segments in the study include areas of type and their subtypes
  • Define and analysis of the regulatory framework for the Single Pair Ethernet industry
  • Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry
  • Analyze the current and forecast market size of the Single Pair Ethernet Market for the major region
  • Major regions studied in the report include North America (the U.S, Canada and Rest of Noth America), Europe (Germany, United Kingdom, France, Spain, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific), and the Rest of World
  • Company profiles of the Single Pair Ethernet Market and the growth strategies adopted by the market players to sustain in the fast-growing market
  • Deep dive regional level analysis of the industry