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Industrial Media Converters Market to grow by USD 67.32 million from 2021 to 2025| Advantech Co. Ltd. and Aegis Logistics Ltd. among Key Vendors|Technavio
NEW YORK, Oct. 12, 2021 /PRNewswire/ -- The industrial media converters market size is expected to grow by USD 67.32 million and accelerate at a CAGR of 4.59% from 2021 to 2025. This market research report by Technavio offers key insights into the latest drivers, challenges, and trends, as well as an analysis of the best-performing regions and market segments.
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Drivers and Challenges
Technavio has identified the major drivers and challenges that impact the industrial media converters market. According to our research, the ease of installation in existing cabling infrastructure is propelling market growth. However, factors such as regular maintenance requirements for fiber optics may hamper the market during the forecast period.
Market Segmentation
The industrial media converters market has been segmented by geography into APAC, North America, Europe, APAC, MEA, and South America. During the forecast period, 31% of the market's growth will originate from Europe, with Germany and Russian Federation being the key countries.
Based on end-user, the industrial media converters market has been segmented into process industry and discrete industry. The process industries segment will have a significant market growth share during the forecast period.
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Some Key Vendors and their Offerings:
Technavio has identified key vendors operating in the market. These include Advantech Co. Ltd., Aegis Logistics Ltd., Antaira Technologies LLC, Beijer Electronics Group AB, Belden Inc., Infinite Electronics Inc., Moxa Inc., Phoenix Contact GmbH and Co. KG, Siemens AG, and Volktek Corp. The key offerings of some of these vendors are mentioned below:
- Advantech Co. Ltd.: The company offers industrial Ethernet to fiber and fiber to PoE media converters such as EKI-2742FPI, EKI-2741SXI, EKI-2741SX, among others.
- Aegis Logistics Ltd.: The company offers a wide range of industrial media converters such as LGC5212A, LGC5300A, LBH2001A-P-LX-12, among others, through its subsidiary Black box.
- Antaira Technologies LLC: The company offers compact and robust Ethernet to fiber industrial media converters such as IMC-100A-ST-M, IMC-100A-M, IMC-100A-M-T, among others.
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Industrial Media Converters Market Scope
| Report Coverage
| Details
| Page number
| 120
| Base year
| 2020
| Forecast period
| 2021-2025
| Growth momentum & CAGR
| Accelerate at a CAGR of 4.59%
| Market growth 2021-2025
| USD 67.32 million
| Market structure
| Fragmented
| YoY growth (%)
| 2.12
| Regional analysis
| North America, Europe, APAC, MEA, and South America
| Performing market contribution
| Europe at 31%
| Key consumer countries
| US, Canada, China, Germany, and Russian Federation
| Competitive landscape
| Leading companies, competitive strategies, consumer engagement scope
| Companies profiled
| Advantech Co. Ltd., Aegis Logistics Ltd., Antaira Technologies LLC, Beijer Electronics Group AB, Belden Inc., Infinite Electronics Inc., Moxa Inc., Phoenix Contact GmbH and Co. KG, Siemens AG, and Volktek Corp.
| Market Dynamics
| Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, future consumer dynamics, market condition analysis for the forecast period
| Customization purview
| If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
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Table of Content:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
For more valuable insights, View Our Report Snapshot!
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
Jesse Maida
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Email: [email protected]
Website: www.technavio.com/
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