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


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







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Report Description
Table of content
Research Methodology

Report Description

Single Pair Ethernet Market 1
Single Pair Ethernet Market 1

As more manufacturing and industrial equipment and devices are being connected, OT networks have become a jigsaw puzzle of Ethernet and legacy field bus protocols. In terms of newly 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 mean 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, and data center monitoring devices, to the corporate desktop.

Single pair ethernet (SPE) is a key technology on the way to smart factories and industry 4.0. IoT, robots, and Big Data are just some of the things that will impact North American industry. As well as greater efficiencies, collaboration, and innovation, the advent of Industry 4.0 will bring many positives across the 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 into 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 leads 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 is 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 a cost-efficient model. As per IDC,  the global IT spending on the devices reduced by 8.8%  in 2020 as compared to 2019 and the organizations are shifting to the adoption of fast, simple, and cost-effective solutions

TE Connectivity, HARTING, HIROSE, Würth Electronics, Phoenix Contact, Softing AG, Analog Device, 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, Vehicles segment holds the major share”

Based on the Application, the market is fragmented into Industrial Robots, Access Control, Vehicles, and Others. Single Pair Ethernet applications are already being implemented in next-generation automobiles, replacing CAN and other bus systems. Controls, communication, and safety functions will run uniformly over one Ethernet network by implementing this technology. This integrated and cross-functional network will be critical for networked traffic and eventually autonomous driving. In public transport, SPE is suitable for networking information systems, for example for displaying stops or reserving seats, for cameras for monitoring purposes or passenger counting, as well as for infotainment and WiFi.

“Asia-Pacific 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. Asia-Pacific dominated the market and grabbed around XX% market as it is continually making progress towards making full-fledged digital societies with the rapid expansion of connectivity and creating innovative digital services and IoT platforms

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.

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1.1.Market Definitions
1.3.Stake Holders
1.4.Currency used in Report
2.1.Research Process of Single Pair Ethernet Market
2.2.Research Methodology of Single Pair Ethernet Market
2.3.Forecasting Method
2.4.Respondent Profile
2.5.Main Objective of Single Pair Ethernet Study
6.1.Infrastructure and Device Components
6.2.Solutions and Services 
7.1.Industrial Robots
7.2.Access Control
8.1.North America Single Pair Ethernet Market
 8.1.1.United States
 8.1.3.Rest of North America
8.2.Europe Single Pair Ethernet Market
 8.2.2.United Kingdom
 8.2.6.Rest of Europe
8.3.Asia-Pacific Single Pair Ethernet Market
 8.3.5.Rest of Asia-Pacific
8.4.Rest of World Single Pair Ethernet Market
9.1.Market Drivers
9.2.Market Challenges
9.3.Impact Analysis
10.1.Demand Side Analysis
10.2.Supply Side Analysis
 10.2.1.Top Product Launches
 10.2.2.Top Business Partnerships
 10.2.3.Top Merger and Acquisitions
 10.2.4.Top Business Expansions, Investments and Divestitures
14.1.Competitive Landscape
 14.1.1.Company Shares, By Revenue
15.1.TE Connectivity
15.2.Harting Technology Group
15.3.Hirose Electric Co. Ltd.
15.4.Würth Elektronik GmbH & Co. KG
15.5.Phoenix Contact
15.6.Softing IT Networks 
15.7.Analog Devices, Inc.
15.8.Belden Inc.
15.9.Leoni AG
15.10.Murrelektronik Gmbh
15.11.Broadcom Inc.

Research Methodology

Research Methodology for the Global Single Pair Ethernet Market Analysis (2021-2027)

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

Single Pair Ethernet Market 2
Single Pair Ethernet Market 2

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

You can also purchase parts of this report. Do you want to check out a section wise price list?