Industrial Ethernet Market

By Type;

Hardware, Software, and Services

By Protocol Type;

Ethernet/IP, PROFINET, EtherCAT, Modbus TCP, POWERLINK, Sercos III, and CC-Link IE

By Application;

Automotive, Electrical & Electronics, Aerospace & Defense, Oil & Gas, Water & Wastewater, Food & Beverages, Pharmaceutical, Engineering/Fabrication, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn142181314 Published Date: June, 2025 Updated Date: July, 2025

Industrial Ethernet Market Overview

Industrial Ethernet Market (USD Million)

Industrial Ethernet Market was valued at USD 12,063.76 million in the year 2024. The size of this market is expected to increase to USD 19,884.40 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.4%.


Industrial Ethernet Market

*Market size in USD million

CAGR 7.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.4 %
Market Size (2024)USD 12,063.76 Million
Market Size (2031)USD 19,884.40 Million
Market ConcentrationMedium
Report Pages338
12,063.76
2024
19,884.40
2031

Major Players

  • Beckhoff Automation
  • Cisco Systems, Inc.
  • Rockwell Automation
  • Schneider Electric
  • Siemens AG
  • ABB Ltd.
  • B&R Automation
  • Belden Inc.
  • Bosch Rexroth
  • ACS Motion Control
  • Innovasic, Inc.
  • G.E. (General Electric)
  • Honeywell International
  • Omron
  • Eaton

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Industrial Ethernet Market

Fragmented - Highly competitive market without dominant players


The Industrial Ethernet Market is witnessing strong growth as industries increasingly embrace automation and digital transformation. Approximately 70% of manufacturing operations have implemented industrial Ethernet systems to enable efficient data exchange and real-time control. As industries advance towards smart manufacturing models, Ethernet has become a critical component, ensuring uninterrupted and seamless connectivity across production environments.

Surging Demand for Reliable High-Speed Networks
The need for fast and stable communication networks continues to rise, with around 65% of enterprises emphasizing the importance of low-latency data flow in their operations. Ethernet networks deliver superior bandwidth and rapid data transmission, which are essential for optimizing workflows and enabling predictive maintenance. This dependence on real-time insights is significantly boosting investments in industrial Ethernet systems.

IIoT Integration Strengthens Ethernet Adoption
The growing implementation of Industrial Internet of Things (IIoT) solutions is expanding Ethernet’s role within industrial ecosystems. Nearly 60% of IIoT infrastructures utilize Ethernet protocols to link a vast range of devices, from sensors to complex machinery, supporting continuous process monitoring and operational efficiency. Ethernet’s adaptability and scalability make it a preferred choice for managing complex industrial networks.

Technological Breakthroughs Propel Market Growth
Innovations such as Time-Sensitive Networking (TSN) and high-speed gigabit Ethernet are reshaping the industrial landscape. Over 50% of newly deployed automation systems incorporate these advanced Ethernet features to ensure minimal latency and prevent data transmission errors. These technological enhancements are crucial for sustaining critical industrial functions and improving system reliability.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Protocol Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Industrial Ethernet Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increased demand for real-time data exchange

        2. Rising adoption of Industry 4.0 standards

        3. Growing use in automated manufacturing systems

        4. Expanding deployment across smart factories globally

      2. Restraints
        1. High initial infrastructure and setup costs

        2. Lack of skilled workforce for implementation

        3. Compatibility issues with legacy systems

        4. Cybersecurity concerns in industrial networks

      3. Opportunities
        1. Emergence of Time-Sensitive Networking (TSN)

        2. Growth in energy and utility automation

        3. Expansion of industrial IoT applications

        4. Advancements in Ethernet protocols for industr

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Industrial Ethernet Market, By Type, 2021 - 2031 (USD Million)
      1. Hardware
      2. Software
      3. Services
    2. Industrial Ethernet Market, By Protocol Type, 2021 - 2031 (USD Million)
      1. Ethernet/IP
      2. PROFINET
      3. EtherCAT
      4. Modbus TCP
      5. POWERLINK
      6. Sercos III
      7. CC-Link IE
    3. Industrial Ethernet Market, By Application, 2021 - 2031 (USD Million)
      1. Automotive
      2. Electrical & Electronics
      3. Aerospace & Defense
      4. Oil & Gas
      5. Water & Wastewater
      6. Food & Beverages
      7. Pharmaceutical
      8. Engineering/Fabrication
      9. Others
    4. Industrial Ethernet Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Beckhoff Automation
      2. Cisco Systems, Inc.
      3. Rockwell Automation
      4. Schneider Electric
      5. Siemens AG
      6. ABB Ltd.
      7. B&R Automation
      8. Belden Inc.
      9. Bosch Rexroth
      10. ACS Motion Control
      11. Innovasic, Inc.
      12. G.E. (General Electric)
      13. Honeywell International
      14. Omron
      15. Eaton
  7. Analyst Views
  8. Future Outlook of the Market