Single Pair Ethernet Market Size and Global Analysis by 2028

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Single Pair Ethernet Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Infrastructure & Device Components and Software & Services) and Application (Robotics & Automation, Machinery, Energy, Automotive & Transportation, and Others)

Publication Month: Mar 2022 | Report Code: TIPRE00026367 | No. of Pages: 180 | Category: Electronics and Semiconductor | Status: Published

The single pair ethernet market was valued at US$ 1,901.37 million in 2021 and is projected to reach US$ 3,602.17 million by 2028; it is estimated to grow at a CAGR of 9.6% from 2021 to 2028.

SPE (Single Pair Ethernet) is an end-to-end industrial Ethernet technology taking over the old legacy of fieldbus networks and traditional Ethernet, and creating a path for IIoT, smart manufacturing, and Industry 4.0. With industrial communication technology getting advanced, demand for SPE is introduced and standardized in a market, contributing to the single pair ethernet market growth. Further, it has been witnessed that there is a higher demand for solutions that would adapt to long-term smart manufacturing strategies. SPE is receiving acceptance in the industries and application areas, including the process industry, automotive, transportation, industrial automation, robotics, and advanced manufacturing, fueling the growth of single pair ethernet market size. In November 2019, the Institute of Electrical and Electronics Engineers (IEEE) certified a new standard for single pair ethernet protocol – the IEEE 802.3cg standard (also depicted as the 10Base-T1). The 10-Base-T1S "Short Range" is ideal for computing, automotive, industrial applications within a range of 25m, whereas 10-Base-T1L"Long Range" is appropriate for IoT, Industrial areas such as factories, large warehouses, and others where the range is 1,000m.

As more and more industrial components are becoming smart and intelligent, the connections are no longer restricted to internal company networks. This factor has made the devices a part of the Internet. With increased evaluation, collection, and use of data, the need for more powerful infrastructure is also rising. At the same time, the advanced infrastructure of changing industries is projected to take up less space and fewer resources and is fueling the use of more sensors and high network bandwidth. The factors described above assist in promoting the scope of SPE, thus influencing the single pair ethernet market growth.

Strategic Insights

Report Coverage - Single Pair Ethernet Market
Report CoverageDetails
Market Size Value inUS$ 1,901.37 Million in 2021
Market Size Value byUS$ 3,602.17 Million by 2028
Growth rateCAGR of 9.6% from 2021 to 2028
Forecast Period2021-2028
Base Year2021
No. of Pages180
No. of Tables56
No. of Charts & Figures78
Historical data availableYes
Segments coveredType and Application
Regional scopeNorth America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country scopeUS, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
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Impact of COVID-19 Pandemic on Single Pair Ethernet Market

During the first few months of 2020, manufacturing declined massively. Automotive, consumer electronics, construction materials, aerospace and defense, mining, glass, chemicals, and many more observed a decline in their production activities, affecting the single pair ethernet market. In the 3rd quarter, the business started coming back into business with lesser capacity and less workforce. As manufacturing is amongst the prominent user of SPE, demand for industrial communication got adversely affected due to the closure of manufacturing units. Further, in 2021, with manufacturing plants commenced with operating full capacity, the demand for scalable, reliable, fast, and interoperable communication protocols increased, which impacted the scope of industrial automation and positively affected the growth of single pair ethernet market. Additionally, rising initiatives by governments to lower human intervention & control the spread of the COVID-19 pandemic are promoting the adoption of industrial automation. The demand for advanced technologies with low human interruption increased due to the COVID-19 pandemic, positively creating demand for the single pair Ethernet.

Lucrative Regions for Single Pair Ethernet Market

Lucrative Regions for Single Pair Ethernet Market

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Market Insights – Single Pair Ethernet Market
Growing Demand for Manufacturing Industries Propels Single Pair Ethernet Market Growth

The global manufacturing sector is rapidly expanding, with many regions investing in manufacturing plants in their localities. As per the Global Manufacturing Risk Index 2020: China, the US, Japan, Germany, and India are the prominent countries in this sector. The COVID-19 pandemic adversely affected all countries. In addition to industrial advancements in emerging economies, governments are striving to expand the manufacturing sector in their respective countries. AI, 3D printing, and robots are the most prevailing technologies in the manufacturing sector. For instance, in Australia, the modern manufacturing initiative is a major element of the country’s government's modern manufacturing strategy that aims to assist Australian manufacturers in scale-up and compete internationally. Similarly, India can become a global hub for manufacturing by 2030. Such robust plans and aims for reinforcing the manufacturing sector are driving the growth of IIoT and automation globally, which fueled the growth of the single pair ethernet market. Further, the demand for real-time manufacturing data, increased analytics, secure device-to-cloud computing, and monitoring applications is rising, thereby increasing demand for better industrial communication, which, in turn, is driving the growth of the single pair ethernet market.

Application-Based Insights

Based on application, the single pair ethernet market is segmented into Robotics & Automation, Machinery, Energy, Automotive & Transportation, and Others. Industrial robots create a significant demand on cables and other supply lines for equipment that the robot uses to complete its current work. Several axes are set in motion during one work step, and cables are bent or twisted thousands of times throughout working life. As a result, cable makers provide optimized Ethernet cables for various applications. The finer strands in the very flexible cables allow for more work cycles. The thinner a copper conductor, the less plastic deformation occurs, and the material solely suffers elastic deformations. The growing usage of Artificial Intelligence and cloud-based solutions for internal efficiency among SMEs is fueling the robotics and automation market across the globe, thereby driving market growth. Furthermore, the rising trend of cloud-based solutions and the increasing use of robot-based solutions across various end-user industries is predicted to open up new opportunities for growth in robotics & automation adoption rate, which, in turn, boosts the  single pair ethernet market.

The single pair ethernet market is segmented based on type and application. Based on type, the single pair ethernet market is segmented into infrastructure & device components and software & services. Based on application, the single pair ethernet market is segmented into robotics & automation, machinery, energy, automotive & transportation, and others. Geographically, the single pair ethernet market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South and Central America. Analog Devices, Inc.; Belden Inc.; HARTING Technology Group; LAPP Group; LEONI; PHOENIX CONTACT India Pvt.Ltd.; Siemon; TE Connectivity Ltd.; Wiedmuller Interface GmbH & Co. KG; and Wurth Elektronik are among the key players profiled during the single pair ethernet market study.

Players operating in the single pair ethernet market are mainly focused on the development of advanced and efficient products.

  • In 2022, Analog Devices announced that the company will invest USD 110.3 million over the next three years in ADI Catalyst, a 100,000 square foot custom-built facility for innovation and collaboration located at its campus in the Raheen Business Park in Limerick, Ireland.
  • In 2021, Belden announced a new partnership with Dynics, which is a provider of factory automation, hardware and software solutions. This strategic technology alliance agreement is a robust cybersecurity solution to market with best-in-class technology to protect industrial networks.

Frequently Asked Questions

Factors attributing toward the growth of single pair ethernet include, increasing demand for industrial automation, IIoT-based applications, adoption of industrial robots, inclination towards having access on real-time monitoring applications, and smart devices. Moreover, demand for faster communication and self-diagnostic reporting with lesser downtime are other parameters creating demand for single pair ethernet in different corners of the world, hence supporting market growth. Further, high requirement for data rate transmissions has been limited for many years; however, single pair ethernet made it feasible for video surveillance cases that needs more data power. Augmented demand and data transmissions enable video surveillance and cameras to trigger security alarms faster to provide building security more time to respond to situations. The factors mentioned above are creating a positive impact on the growth of single pair ethernet and thereby increasing the market growth.
Digital transformation and smart factories are transforming the industrial sector outlook. Amid the COVID-19 pandemic, manufacturers are focusing on implementing innovative technologies to ensure undisrupted production processes while following all mandatory safety protocols. Manufacturing and processing enterprises are progressively adopting smart factory setups. Factors such as the explosion of information and scaling of enterprise IoT, shift toward cloud IT infrastructure, use of predictive maintenance, adoption of hybrid workplaces and intelligent technologies, and expansion of distributed manufacturing are driving the transformation of manufacturing plants into digital enterprises. Moreover, with a combination of Artificial Intelligence (AI) and machine learning (ML), the arrival of hybrid workplaces utilizing augmented intelligence tools is also rising. With the growing pace of launching digital tools into manufacturing, the penetration of smart factories is also expanding. Thus, rising proliferation of smart factories would create ample of growth opportunities for the providers of single pair ethernet.
The infrastructure & device components is expected to dominate the market during the forecast period. The SPE requires components like cable connectors, magnetics, semiconductors, and other devices for effective network connectivity. International standards organizations and SPE-related companies have spent significant time and money in recent years to make all of these parts available. The core standards are already available to the public. IEEE standards such as IEEE 802.3cg, IEEE 802.3bw, and IEEE 802.3bp specifies the SPE electrical requirements. In 2019, LAN accounted for approximately 59% of all industrial communication protocols. Nonetheless, field bus systems such as Profibus or CC-Link (Control and Communication) are widely used. Many sensors and actuators in manufacturing facilities do not require a high data rate. However, because the distance between these devices and field switches is frequently greater than 200 m, Ethernet with a maximum connection length of 100 m is a major challenge. Besides cable length, (cable) weight, mechanical connector stability, and PCB size reduction were the driving forces behind developing a new standard beyond RJ45-based multi-pair Ethernet. SPE was created to meet these industry demands by enabling borderless IP-based connectivity from the cloud to any sensor or actuator.
In 2020, North accounted for the highest market share in the global market and is also expected to grow with the highest CAGR over the forecast period. North America has diverse and developed industrial presence across the region, and manufacturers from automotive, metals, pharmaceuticals, and consumer goods sector have increased their adoption of robotic and automation processes. Further, the region is expressing increasing sales of EVs and rise in deployment of clean energy projects such as wind and solar which is among another factor for high market share of single pair ethernet
The major companies in single pair ethernet includes Analog Devices, Inc., LAPP Group, LEONI, PHOENIX CONTACT India Pvt. Ltd., and TE Connectivity Ltd.
The major end user of single pair ethernet are industrial robots, access control, vehicles, others. Automotive & transportation segment expected to hold significant share in the global single pair ethernet market. SPE was first developed in the automotive industry, where smaller and more powerful devices were required. Ethernet systems are being deployed in increasing numbers in today's vehicle versions.

The List of Companies - Single Pair Ethernet Market

  1. Analog Devices, Inc.
  2. Belden Inc.
  3. HARTING Technology Group
  4. LAPP Group
  5. LEONI
  6. PHOENIX CONTACT India Pvt. Ltd.
  7. Siemon
  8. TE Connectivity Ltd.
  9. Weidmuller Interface GmbH and Co. KG
  10. Würth Elektronik
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