Global Industrial Ethernet Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

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: May, 2025 Updated Date: June, 2025

Introduction

Global Industrial Ethernet Market (USD Million), 2021 - 2031

In the year 2024, the Global Industrial Ethernet Market was valued at USD 12,063.76 million. 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%.


Global Industrial Ethernet Market Growth, Share, Size, Trends and Forecast

*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

Global Industrial Ethernet Market

Fragmented - Highly competitive market without dominant players


The global Industrial Ethernet market represents a critical segment within the broader field of networking technologies, specifically tailored for industrial applications. Industrial Ethernet refers to the use of Ethernet networking in industrial environments such as manufacturing plants, utilities, transportation systems, and other industrial settings. This technology enables high-speed, reliable communication between various devices, machines, and systems, supporting automation, process control, and data exchange in real-time.

Key drivers of the Industrial Ethernet market include the growing demand for seamless connectivity and integration across industrial operations. As industries worldwide embrace digital transformation, there is a heightened emphasis on leveraging Ethernet-based networks to enhance efficiency, reduce downtime, and improve overall productivity. The adoption of Industrial Ethernet enables centralized management of complex industrial networks, supporting advanced features like remote monitoring, predictive maintenance, and efficient resource utilization.

Market trends also highlight the increasing convergence of operational technology (OT) with information technology (IT), spurred by advancements in industrial automation and the Internet of Things (IoT). This convergence not only enhances operational efficiency but also facilitates scalable and secure network infrastructures capable of handling large volumes of data generated by connected devices and sensors. As industrial sectors continue to prioritize efficiency gains and operational resilience, the Industrial Ethernet market is poised for significant growth, driven by technological advancements and the expanding scope of industrial digitization initiatives globally.

  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. Automation
        2. Industry 4.0
        3. IoT integration
        4. Demand for real-time data
      2. Restraints
        1. High initial investment
        2. Complex network infrastructure
        3. Cybersecurity concerns
        4. Compatibility issues with legacy systems
      3. Opportunities
        1. Expansion in emerging markets
        2. Integration of AI and machine learning
        3. Adoption of wireless Industrial Ethernet
        4. Growth in cloud-based industrial automation
    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