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North America Military Ethernet Switches Market is expected to reach US$ 933.26 million by 2030

North America Military Ethernet Switches Market is growing at a CAGR of 5.7% to reach US$ 933.26 million by 2030 from US$ 631.45 million in 2023 by Type, Application, and Network.

By The Insight Partners

Growing Demand for Network-Centric Warfare to Provide Growth Opportunities for North America Military Ethernet Switches Market During 2023–2030

According to our latest market study on "North America Military Ethernet Switches Market Forecast to 2030 – COVID-19 Impact and Regional Analysis – by Type, Application, and Network," the market is expected to grow from US$ 631.45 million in 2023 to US$ 933.26 million by 2030; it is estimated to register a CAGR of 5.7% from 2023 to 2030.

Network-centric warfare allows rapid information sharing and collaboration among military forces, enabling seamless communication and coordination across different echelons and geographically dispersed units. This facilitates joint operations, coalition efforts, and interoperability among allied forces, improving mission outcomes and increasing effectiveness in complex military operations. Many military organizations are focused on modernizing their communication and networking infrastructure by upgrading legacy systems to meet modern data transmission and network management requirements. The growing need for network-centric warfare, owing to real-time communication and data-sharing requirements, is creating a significant demand for reliable and secure networking solutions. Military ethernet switches play a vital role in establishing robust and resilient communication networks, which leads to the deployment and adoption of these switches. Thus, the growing adoption of network centric warfare is contributing to the growth of North America military ethernet switches market share.

North America Military Ethernet Switches Market – by Application, 2022

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Source: The Insight Partners Analysis

The ability to leverage interconnected networks and advanced communication technologies provides military forces a strategic and operational advantage through efficient coordination, leading to its growing adoption and importance in modern military operations. Thus, the rising demand for network-centric warfare is anticipated to offer lucrative opportunities for the North America military ethernet switches market growth during the forecast period.

The North America military ethernet switches market is segmented into unmanned system, ground vehicle, airborne platform, and marine time platform. A ground vehicle is any vehicle used for land-based military transport and activity, including combat vehicles specifically designed for military operations. The increasing government initiatives to expand the ground vehicle fleet is expected to support the segment growth in the coming years. For instance, in December 2022, Kodiak Robotics, Inc.—a self-driving truck company—received a contract of US$ 49.9 million for 24 months from the US Department of Defense (DoD) to help automate US Army ground vehicles led by the Army's Robotic Combat Vehicle (RCV) program to support vehicles designed for surveillance, reconnaissance, and other high-risk missions. Thus, the growing ground vehicle segment is projected to propel North America military ethernet switches market growth.

According to SIPRI, the military expense in Mexico was US$ 8,044.9 million in 2020, which reached US$ 8,680.8 million in 2021. The Mexican military is investing in modernizing its defense capabilities, including the development of unmanned aerial systems (UAS). The rise in product development is driven by the need to enhance surveillance, promote intelligence gathering, and ensure operational effectiveness. Mexico shares a border with the US, which necessitates robust border security measures. Mexico has been focusing on developing its domestic defense industry, which directly contributes to the country's technological advancement in the military sector. In September 2021, Hydra Technologies, a Mexican company specializing in the design, development, manufacture, and operation of unmanned aerial systems (UAS), announced to invest ~US$ 5.23 million in new technologies for the manufacture of aircraft. Military ethernet switches play an essential role in various unmanned systems by providing reliable and secure communication networks. Thus, the rise in domestic UAS production is expected to fuel the North America military ethernet switches market share in the country during the forecast period.

The five key North America military ethernet switches market players are Microsemi, Curtiss-Wright, Cisco Systems Inc, Amphenol Corporation (Socapex), and ABACO Systems Inc. The market is moderately consolidated, with the majority of regional and domestic North America military ethernet switches market players catering to domestic and international demand.

The listing of five key players based on a common criterion, such as revenue, is not feasible. Hence, we have derived this listing of “Key Five Players” in the North America military ethernet switches market by giving weightage to the following key parameters: overall revenue, segmental revenue, brand image and industry experience, current product portfolio, innovative and advanced technology integration/material enhancements, customer base, geographical reach, new product launches, partnerships, mergers & acquisitions, and other market-related activities.

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