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    US Industrial Ethernet Switch Market

    ID: MRFR/SEM/14447-HCR
    200 Pages
    Garvit Vyas
    September 2025

    US Industrial Ethernet Market Research Report: By Component (Hardware, Software, Services), By Protocol (HSE, Sercos III, Ethernet/IP, Modbus TCP/IP, Gigabit Wi-Fi, Ethernet TCP/IP, Powerlink, EtherCAT, CC-Link IE) and By Industry Vertical (Aerospace & Defense, Energy & Power, Pharmaceutical, Oil & Gas, Food & Beverages, Chemical, Automotive, Others) - Forecast to 2035

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    US Industrial Ethernet Switch Market Research Report - Forecast till 2035 Infographic
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    Table of Contents

    US Industrial Ethernet Switch Market Summary

    The US Industrial Ethernet market is projected to experience substantial growth from 1.37 USD Billion in 2024 to 3.75 USD Billion by 2035.

    Key Market Trends & Highlights

    US Industrial Ethernet Key Trends and Highlights

    • The market is expected to grow at a compound annual growth rate (CAGR) of 9.59% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 3.75 USD Billion, indicating a robust expansion.
    • In 2024, the market is valued at 1.37 USD Billion, laying a strong foundation for future growth.
    • Growing adoption of Industrial Ethernet due to increasing automation in manufacturing is a major market driver.

    Market Size & Forecast

    2024 Market Size 1.37 (USD Billion)
    2035 Market Size 3.75 (USD Billion)
    CAGR (2025-2035) 9.59%

    Major Players

    HMS Networks, Hirschmann, National Instruments, Rockwell Automation, Belden, Omron, Phoenix Contact, Moxa, Korenix Technology, Advantech, General Electric, Cisco Systems, Honeywell, Siemens, Schneider Electric

    US Industrial Ethernet Switch Market Trends

    The US Industrial Ethernet Market is witnessing significant trends fueled by the growing demand for improved network communications in manufacturing and industrial automation sectors. A major driver is the increasing adoption of Industry 4.0, which emphasizes smart manufacturing and interconnected systems. As factories move towards automation, there is a need for robust and reliable network solutions, making industrial Ethernet a key component for enhancing operational efficiencies.

    The rapid expansion of the Internet of Things (IoT) is also a substantial driver in the US market, as more devices require seamless connectivity for data sharing and real-time monitoring in various industries such as automotive, pharmaceuticals, and energy.

    Historically, the US has focused on upgrading its industrial infrastructure, which presents ample opportunities for businesses to explore innovative solutions that can contribute to enhanced productivity. The ongoing government initiatives to support advanced manufacturing technologies further open avenues for investment in industrial Ethernet networks. Additionally, partnerships between technology vendors and industries are expected to foster innovation in this space, driving the market forward. Recent trends indicate a growing preference for wireless Ethernet solutions, which provide flexibility and ease of installation in complex industrial environments.

    Moreover, the implementation of cybersecurity measures within industrial Ethernet systems is increasingly prioritized, due to rising concerns over data integrity and system reliability. In light of these transformations, organizations are inclined to adopt more sophisticated industrial networking solutions to keep pace with the rapid advancements in technology, ensuring this market continues to evolve effectively in the United States.

    US Industrial Ethernet Switch Market Drivers

    Market Segment Insights

    Get more detailed insights about US Industrial Ethernet Switch Market Research Report - Forecast till 2035

    Regional Insights

    Key Players and Competitive Insights

    The US Industrial Ethernet Market is characterized by rapid advancements in technology and a growing demand for integrated communication solutions across various sectors, including manufacturing, automation, and transportation. This market has become increasingly competitive due to the need for real-time data exchange and interoperability among different industrial equipment and systems. Companies operating within this space are leveraging innovation to differentiate their offerings, focusing on factors such as operational efficiency, enhanced data security, and seamless connectivity.

    As industries seek to adopt Industry 4.0 practices, the competitive landscape is shaped by players striving to provide solutions that not only meet current demands but also anticipate future technological trends, thereby enabling organizations to streamline their operations and maintain a competitive edge.

    HMS Networks stands out within the US Industrial Ethernet Market thanks to its strong emphasis on reliable communication solutions tailored for industrial applications. The company has established a robust presence through its diverse product portfolio, which includes gateways, industrial routers, and IoT devices enabling seamless integration between various communication protocols and industrial networks. HMS Networks distinguishes itself with its focus on quality and adaptability, allowing customers to facilitate communication among a variety of devices with ease.

    The company's commitment to customer-centric innovation has solidified its reputation, helping it capture noteworthy market share while reinforcing its strengths in delivering specialized solutions that cater to the evolving needs of US industries.

    Hirschmann plays a significant role in the US Industrial Ethernet Market, known for its comprehensive range of products and services designed for industrial networking and automation. The company's offerings include managed and unmanaged switches, routers, and wireless communication systems, which are recognized for their robustness and reliability, integral to mission-critical applications. Hirschmann's strength lies in its extensive experience and expertise in industrial communication technologies. Additionally, the company has pursued strategic mergers and acquisitions to enhance its product offerings and expand its market presence, ensuring that it can deliver advanced solutions suitable for the specific needs of US customers.

    By continually evolving its product lines and adopting cutting-edge technologies, Hirschmann is well-positioned to maintain a competitive foothold in the dynamic and demanding landscape of the US Industrial Ethernet Market.

    Key Companies in the US Industrial Ethernet Switch Market market include

    Industry Developments

    Recent developments in the US Industrial Ethernet Market have highlighted significant trends, particularly relating to advancements in automation and data communication within manufacturing environments. Companies such as Siemens, Rockwell Automation, and Schneider Electric are actively promoting their Industrial Ethernet solutions to meet the increasing demand for network reliability and speed as factories shift toward smart manufacturing. In September 2023, Belden announced enhancements in their Industrial Ethernet solutions focusing on security features and ease of integration to boost operational efficiencies.

    Additionally, in August 2023, HMS Networks entered into a strategic partnership with Cisco Systems to deliver integrated IIoT solutions aimed at enhancing connectivity in industrial applications.

    Furthermore, the market has seen notable growth in company valuations driven by increasing investments in automation technologies, with firms like Honeywell and Phoenix Contact expanding their product portfolios to capture market share. There have been no recent high-profile mergers or acquisitions reported among the key players in the last few months, but the overall trend indicates a strong emphasis on collaborative developments and enhancing industry standards to cope with the evolving digital landscape. This market's evolution is fundamentally shaped by a push for interoperability among different protocols and heightened security measures across Industrial Ethernet networks.

    Market Segmentation

    Outlook

    • Aerospace & Defense
    • Energy & Power
    • Pharmaceutical
    • Oil & Gas
    • Food & Beverages
    • Chemical
    • Automotive
    • Others

    Industrial Ethernet Market Protocol Outlook

    • HSE
    • Sercos III
    • Ethernet/IP
    • Modbus TCP/IP
    • Gigabit Wi-Fi
    • Ethernet TCP/IP
    • Powerlink
    • EtherCAT
    • CC-Link IE

    Industrial Ethernet Market Component Outlook

    • Hardware
    • Software
    • Services

    Industrial Ethernet Market Industry Vertical Outlook

    • Aerospace & Defense
    • Energy & Power
    • Pharmaceutical
    • Oil & Gas
    • Food & Beverages
    • Chemical
    • Automotive
    • Others

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 1.25 (USD Billion)
    MARKET SIZE 2024 1.37 (USD Billion)
    MARKET SIZE 2035 3.75 (USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 9.595% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED HMS Networks, Hirschmann, National Instruments, Rockwell Automation, Belden, Omron, Phoenix Contact, Moxa, Korenix Technology, Advantech, General Electric, Cisco Systems, Honeywell, Siemens, Schneider Electric
    SEGMENTS COVERED Component, Protocol, Industry Vertical
    KEY MARKET OPPORTUNITIES Increased automation demand, Smart factory initiatives, IIoT integration growth, Enhanced cybersecurity solutions, Legacy system upgrades
    KEY MARKET DYNAMICS Rising automation penetration, Increasing demand for IoT, Need for real-time data communication, Growing focus on Industry 4.0, Enhanced network reliability and security
    COUNTRIES COVERED US

    Market Highlights

    Author
    Garvit Vyas
    Analyst

    Explore the profile of Garvit Vyas, one of our esteemed authors at Market Research Future, and access their expert research contributions in the field of market research and industry analysis

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    FAQs

    1. EXECUTIVE SUMMARY
    2. Market Overview
    3. Key Findings
    4. Market Segmentation
    5. Competitive Landscape
    6. Challenges and Opportunities
    7. Future Outlook
    8. MARKET INTRODUCTION
    9. Definition
    10. Scope of the study
    11. Research Objective
    12. Assumption
    13. Limitations
    14. RESEARCH METHODOLOGY
    15. Overview
    16. Data Mining
    17. Secondary Research
    18. Primary Research
    19. Primary Interviews and Information Gathering Process
    20. Breakdown of Primary Respondents
    21. Forecasting Model
    22. Market Size Estimation
    23. Bottom-Up Approach
    24. Top-Down Approach
    25. Data Triangulation
    26. Validation
    27. MARKET DYNAMICS
    28. Overview
    29. Drivers
    30. Restraints
    31. Opportunities
    32. MARKET FACTOR ANALYSIS
    33. Value chain Analysis
    34. Porter's Five Forces Analysis
    35. Bargaining Power of Suppliers
    36. Bargaining Power of Buyers
    37. Threat of New Entrants
    38. Threat of Substitutes
    39. Intensity of Rivalry
    40. COVID-19 Impact Analysis
    41. Market Impact Analysis
    42. Regional Impact
    43. Opportunity and Threat Analysis
    44. US Industrial Ethernet Market, BY Component (USD Billion)
    45. Hardware
    46. Software
    47. Services
    48. US Industrial Ethernet Market, BY Protocol (USD Billion)
    49. HSE
    50. Sercos III
    51. Ethernet/IP
    52. Modbus TCP/IP
    53. Gigabit Wi-Fi
    54. Ethernet TCP/IP
    55. Powerlink
    56. EtherCAT
    57. CC-Link IE
    58. US Industrial Ethernet Market, BY Industry Vertical (USD Billion)
    59. Aerospace & Defense
    60. Energy & Power
    61. Pharmaceutical
    62. Oil & Gas
    63. Food & Beverages
    64. Chemical
    65. Automotive
    66. Others
    67. Competitive Landscape
    68. Overview
    69. Competitive Analysis
    70. Market share Analysis
    71. Major Growth Strategy in the Industrial Ethernet Market
    72. Competitive Benchmarking
    73. Leading Players in Terms of Number of Developments in the Industrial Ethernet Market
    74. Key developments and growth strategies
    75. New Product Launch/Service Deployment
    76. Merger & Acquisitions
    77. Joint Ventures
    78. Major Players Financial Matrix
    79. Sales and Operating Income
    80. Major Players R&D Expenditure. 2023
    81. Company Profiles
    82. HMS Networks
    83. Financial Overview
    84. Products Offered
    85. Key Developments
    86. SWOT Analysis
    87. Key Strategies
    88. Hirschmann
    89. Financial Overview
    90. Products Offered
    91. Key Developments
    92. SWOT Analysis
    93. Key Strategies
    94. National Instruments
    95. Financial Overview
    96. Products Offered
    97. Key Developments
    98. SWOT Analysis
    99. Key Strategies
    100. Rockwell Automation
    101. Financial Overview
    102. Products Offered
    103. Key Developments
    104. SWOT Analysis
    105. Key Strategies
    106. Belden
    107. Financial Overview
    108. Products Offered
    109. Key Developments
    110. SWOT Analysis
    111. Key Strategies
    112. Omron
    113. Financial Overview
    114. Products Offered
    115. Key Developments
    116. SWOT Analysis
    117. Key Strategies
    118. Phoenix Contact
    119. Financial Overview
    120. Products Offered
    121. Key Developments
    122. SWOT Analysis
    123. Key Strategies
    124. Moxa
    125. Financial Overview
    126. Products Offered
    127. Key Developments
    128. SWOT Analysis
    129. Key Strategies
    130. Korenix Technology
    131. Financial Overview
    132. Products Offered
    133. Key Developments
    134. SWOT Analysis
    135. Key Strategies
    136. Advantech
    137. Financial Overview
    138. Products Offered
    139. Key Developments
    140. SWOT Analysis
    141. Key Strategies
    142. General Electric
    143. Financial Overview
    144. Products Offered
    145. Key Developments
    146. SWOT Analysis
    147. Key Strategies
    148. Cisco Systems
    149. Financial Overview
    150. Products Offered
    151. Key Developments
    152. SWOT Analysis
    153. Key Strategies
    154. Honeywell
    155. Financial Overview
    156. Products Offered
    157. Key Developments
    158. SWOT Analysis
    159. Key Strategies
    160. Siemens
    161. Financial Overview
    162. Products Offered
    163. Key Developments
    164. SWOT Analysis
    165. Key Strategies
    166. Schneider Electric
    167. Financial Overview
    168. Products Offered
    169. Key Developments
    170. SWOT Analysis
    171. Key Strategies
    172. References
    173. Related Reports
    174. US Industrial Ethernet Market SIZE ESTIMATES & FORECAST, BY COMPONENT, 2019-2035 (USD Billions)
    175. US Industrial Ethernet Market SIZE ESTIMATES & FORECAST, BY PROTOCOL, 2019-2035 (USD Billions)
    176. US Industrial Ethernet Market SIZE ESTIMATES & FORECAST, BY INDUSTRY VERTICAL, 2019-2035 (USD Billions)
    177. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    178. ACQUISITION/PARTNERSHIP
    179. MARKET SYNOPSIS
    180. US INDUSTRIAL ETHERNET MARKET ANALYSIS BY COMPONENT
    181. US INDUSTRIAL ETHERNET MARKET ANALYSIS BY PROTOCOL
    182. US INDUSTRIAL ETHERNET MARKET ANALYSIS BY INDUSTRY VERTICAL
    183. KEY BUYING CRITERIA OF INDUSTRIAL ETHERNET MARKET
    184. RESEARCH PROCESS OF MRFR
    185. DRO ANALYSIS OF INDUSTRIAL ETHERNET MARKET
    186. DRIVERS IMPACT ANALYSIS: INDUSTRIAL ETHERNET MARKET
    187. RESTRAINTS IMPACT ANALYSIS: INDUSTRIAL ETHERNET MARKET
    188. SUPPLY / VALUE CHAIN: INDUSTRIAL ETHERNET MARKET
    189. INDUSTRIAL ETHERNET MARKET, BY COMPONENT, 2025 (% SHARE)
    190. INDUSTRIAL ETHERNET MARKET, BY COMPONENT, 2019 TO 2035 (USD Billions)
    191. INDUSTRIAL ETHERNET MARKET, BY PROTOCOL, 2025 (% SHARE)
    192. INDUSTRIAL ETHERNET MARKET, BY PROTOCOL, 2019 TO 2035 (USD Billions)
    193. INDUSTRIAL ETHERNET MARKET, BY INDUSTRY VERTICAL, 2025 (% SHARE)
    194. INDUSTRIAL ETHERNET MARKET, BY INDUSTRY VERTICAL, 2019 TO 2035 (USD Billions)
    195. BENCHMARKING OF MAJOR COMPETITORS

    US Industrial Ethernet Market Segmentation

     

    • Industrial Ethernet Market By Component (USD Billion, 2019-2035)

      • Hardware
      • Software
      • Services

     

    • Industrial Ethernet Market By Protocol (USD Billion, 2019-2035)

      • HSE
      • Sercos III
      • Ethernet/IP
      • Modbus TCP/IP
      • Gigabit Wi-Fi
      • Ethernet TCP/IP
      • Powerlink
      • EtherCAT
      • CC-Link IE

     

    • Industrial Ethernet Market By Industry Vertical (USD Billion, 2019-2035)

      • Aerospace & Defense
      • Energy & Power
      • Pharmaceutical
      • Oil & Gas
      • Food & Beverages
      • Chemical
      • Automotive
      • Others

     

     

     

     

     

     

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