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Single Pair Ethernet Market is expected to reach US$ 6.20 billion by 2030

The single pair ethernet market is anticipated to US$ 6.20 billion by 2030| Insights on growth opportunities and forecast

By The Insight Partners

Growing Automotive Applications Drive Single Pair Ethernet Market Growth

According to our latest study on “Single Pair Ethernet Market Forecast to 2030 – Global and Regional Share, Trend, and Growth Opportunity Analysis – by Type, Infrastructure & Device Components, and Application," the single pair ethernet market size was valued at US$ 2.32 billion in 2022 and is expected to reach US$ 6.20 billion by 2030; it is estimated to record a CAGR of 13.1% from 2022 to 2030.

Single pair ethernet enables ethernet network implementation by utilizing a unique physical layer (PHY) transceiver over a single pair of copper wires. The increasing demand for single pair ethernet in the automotive industry is driven by various factors related to the evolving needs of modern vehicles. Single pair ethernet offers a solution for reliable and high-speed communication within automotive systems, contributing to advancements in vehicle technology. The automotive industry is experiencing a surge in the adoption of advanced driver assistance systems (ADAS), infotainment, and other in-vehicle technologies. Single pair ethernet provides a standardized and efficient means of connecting various electronic components within a vehicle. Single pair ethernet can be used to connect sensors, cameras, control units, and displays in an ADAS system. Multiple applications in the automotive industry are promoting the growth of single pair ethernet market size.

To get free sample copy of the report, along with the TOC, Statistics, and Tables please visit @ https://www.theinsightpartners.com/brochure/TIPRE00026367

Rising Demand for Robots and Smart Devices to Offer Lucrative Opportunities for Single Pair Ethernet Market Growth During Forecast Period

There has been a rapid increase in the application of industrial robots in automotive and consumer electronics industries. Automotive, pharmaceuticals, packaging, and food & beverages are prominent industries where automated robotics systems are used. The scope of single pair ethernet will expand in the coming years with the growing use of robotics in manufacturing industries. SAB Bröckskes GmbH & Co. KG provides single pair ethernet for robots with UL recognition.

Industrial robots are creating high demands for cables and other supply lines for robotics devices to fulfill their current task. The cable manufacturers are providing optimized ethernet cables as these are highly flexible cables. In addition to the growing demand for industrial robots, the demand for smart devices is also expanding, which is expected to create lucrative business opportunities for the growth of the single pair ethernet market. There is rising demand for products with smaller sizes along with greater functionality. The penetration of smart devices has risen due to the rising demand for products with increased communication and smaller sizes with greater functionality. A strong and reliable communication network enables smart devices to seamlessly transfer accurate data to and from their source, supporting field service technicians and engineering plant managers in making real-time decisions. Thus, the rising demand for robots is promoting the expansion of single pair ethernet market size.

Single Pair Ethernet Market Regional Overview:

Europe held the second-largest single pair ethernet market share globally. The market in Europe is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The region is characterized by large-scale industrialization, high GDP, high GDP per capita, high living standards, and a continuously growing geriatric population. The highly developed and diversified industrial presence of over 2 million companies and their growing adoption of advanced technologies were considered while calculating the single pair ethernet market forecast of Europe. The region also has the highest penetration rate of robotics, as countries such as Sweden, the Netherlands, Germany, Belgium, Austria, Denmark, Luxemburg, Spain, Switzerland, France, and the Czech Republic have the highest robotics density per 10,000 employees.

To support the proliferation of Industry 4.0, the European Union has introduced the "For a European Industrial Renaissance" program. Under the program, the European Commission stated that it would support the implementation of digital technologies, such as smart factories, cloud computing, big data, new industrial internet applications, robotics, and 3D printing. Thus, the rising adoption of Industry 4.0 is expected to boost Europe’s single pair ethernet market share during the forecast period.

Single Pair Ethernet Market Segmental Overview

The global single pair ethernet market analysis is segmented based on type, infrastructure & device components, application, and geography. By type, the market is bifurcated into infrastructure & device components and software & services. Based on infrastructure & device components, the market is segmented into cables, connectors, and others. The cables segment is further segmented into 10Base-T1, 100Base-T1, and 1000Base-T1. Based on application, the market is segmented into robotics & automation, automotive & transportation, energy, machinery, and others. By geography, the single pair ethernet market share is split between North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM).

Single Pair Ethernet Market Competitive Landscape and Key Developments

Key single pair ethernet market trends indicate that the major players are taking measures to take advantage of the opportunities in emerging markets. Analog Devices Inc, Belden Inc, HARTING Applied Technologies GmbH, Lapp Holding SE, LEONI AG, Phoenix Contact Development and Manufacturing Inc, TE Connectivity Ltd, The Siemon Co, Weidmuller Interface GmbH & Co KG, and Würth Elektronik GmbH & Co KG are among the prominent players included in the global single pair ethernet market report. Several other important players were also analyzed to get a holistic view of the global market and its ecosystem. The leading players in the market focus on feature upgrades, expansion and diversification, collaboration, and acquisition strategies, which enable them to grab new business opportunities.

  • In November 2023, HARTING introduced the Ha-VIS eCon 4000 M12T1 SPE, a rugged single pair Ethernet (SPE) switch featuring IP67 protection. This durabl0065 metal housing is designed to withstand harsh outdoor environments, as it has been tested according to the EN 50155 standard for rail vehicles. The switch ensures secure data communication, even in demanding indoor industrial settings.
  • In November 2022, Analog Devices Inc unveiled groundbreaking Single-pair Power over Ethernet (SPoE) solutions, marking a significant advancement in Power Sourcing Equipment (PSE) and Power Device (PD) technology. These innovative solutions enable customers to enhance intelligence in smart buildings, factory automation, and other applications situated at the edge of conventional networks. By facilitating powered, last-mile connectivity, these offerings enable real-time power management, telemetry, and easy installation for factory and building automation.

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