Global Ethernet Media Converters Market Industry Analysis, Geographical Segmentation, Drivers, Challenges, Trends Forecasts 2022 – 2031

Kenneth Research, in its repository of market research reports, have recently added a report on the Global Ethernet Media Converters Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031. The Global Ethernet Media Converters Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical/Energy industries, creating a huge demand for products.

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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.

Global Ethernet Media Converters Market valued at approximately USD XXX billion in 2016 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. Increasing data volume of the market and the compatibility facility provided by the media converter that provides the interconnection between the different modes of data transfer are the major factors driving the growth of the Global Ethernet Media Converters Market. An Ethernet Media Converter facilitates a connection between two network devices with copper ports over extended distances via fibre optic cabling. The major advantages of Ethernet media converters include, EMI/RFI emissions or interference as the device will convert the electrical data signals into light pulses which will travel within the fibre optic cabling. Additionally, it provides isolation of both network nodes and eliminates the risk of ground loop and voltage spikes from lightning. Wherever long network runs are needed that exceed the 100-meter maximum segment period of traditional copper UTP/STP for example large Corporate or University campuses, large high-rise buildings or Municipal buildings that cover a wide area or wherever ground loops or voltage spikes from lightning, Ethernet media converters are the most preferred tool for eliminating the risk and reduce the transition cost. This is also used in intense EMI/RFI where the concerns regarding the interference and transition losses of your network exist such as Industrial/Manufacturing Facilities and in environments where the introduction of stray electrical signals are strictly regulated such as hospitals, clean rooms, and aircraft.

The regional analysis of the Global Ethernet Media Converters Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to exhibit a higher growth rate / CAGR over the forecast period 2018-2025.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Deployment:
10Mbps Media Converter
10/100Mbps Media Converter
10/100/1000Mbps Media Converter
Gigabit Media Converter
Other

By End-Use:
Industrial
Commercial
Residential

By Regions:
North America
o U.S.
o Canada
Europe
o UK
o Germany
Asia Pacific
o China
o India
o Japan
Latin America
o Brazil
o Mexico
Rest of the World

Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025

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The industry is seeming to be fairly competitive. Some of the leading market players include AMD Telecom S.A., Advantech (B&B Electronics), LCSI, Siemens, Phoenix Contact, L-com, Antaira, Cisco, Red Lion, MICROSENS, EtherWAN Systems, Westermo, Shenzhen 3onedata Technology, GE, Digital Energy, Versa Technology, Atop Technologies and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Target Audience of the Global Ethernet Media Converters Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defence, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research, are adept at capturing descriptive insights on crucial topics to help our clients make their informed decisions.

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