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North America Single Pair Ethernet Market Forecast to 2030
North America Single Pair Ethernet Market Forecast to 2030 – Regional Analysis – by Type (Infrastructure & Device Components and Software & Services), Infrastructure & Device Components [Cables (10Base-T1, 100Base-T1, 1000Base-T1), Connectors, and Others], and Application (Robotics & Automation, Automotive & Transportation, Energy, Machinery, and Others)
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Description
Surging Demand for IIoT in Industrial Automation Fuels North America Single Pair Ethernet Market
Single Pair Ethernet (SPE) is an end-to-end industrial Ethernet technology that is taking over the old legacy of Fieldbus networks and traditional Ethernet and smart manufacturing, creating a path for IIoT and Industry 4.0. With industrial communication technology getting advanced the demand for SPE is increasing in the market. It has been witnessed that there is a higher demand for solutions that would adapt to long-lasting strategies in smart manufacturing. The SPE is gaining high acceptance in industrial applications such as process automation and condition-based monitoring. The 10Base-T1 standard of the Institute of Electrical and Electronics Engineers (IEEE) permitted SPE to be utilized for faster connectivity, higher quality health insights, and higher performance in the smart manufacturing setting. As technology gets more sophisticated, manufacturers worldwide focus on staying ahead of competitors by revolutionizing business strategies to fulfill initiatives around machine learning, smart manufacturing, and industrial automation.
SPE is receiving acceptance in the process, automotive, transportation, industrial automation, robotics, and advanced manufacturing industries. The IEEE certified a new standard for single pair ethernet protocol – the IEEE 802.3cg standard (also depicted as the 10Base-T1). The 10Base-T1S “Short Range” is ideal for automotive, computing, and industrial applications within a range of 25 m. The 10Base-T1L “Long Range” is appropriate for IoT, Industrial areas (including factories, large warehouses, and many more) where the range is 1,000 m.
As more and more industrial components become smarter, the connections are no longer restricted to internal company networks. This factor has made the devices a part of the Internet. With increased collection and use of data, the need for more concentrated infrastructure is also increasing. At the same time, the advanced infrastructure of transforming industries is projected to take up less space and fewer resources and is promoting the use of more sensors and high network bandwidth. Thus, surging demand for IIOT in industrial automation is increasing the demand for SPE in the market.
North America Single Pair Ethernet Market Overview
The single pair ethernet market in North America is segmented into the US, Canada, and Mexico. The region is characterized by the presence of developed economies with high GDP per capita, large-scale industrialization and infrastructure, favorable economic policies, a positive outlook toward adopting modern technology, and a high inclination for automation across industrial and commercial sectors. Most Fortune 500 manufacturing companies have a strong presence in North America, especially in the US. The US is the largest user of industrial robotics in North America, with more than 75% share, followed by Mexico and Canada. Factors such as increased emphasis on improving production efficiency and high labor costs contribute to the adoption of Industry 4.0 practices at a higher rate. According to the Association for Advancing Automation, North America witnessed a 28% higher rate of robotics procurement in 2021 than in 2020. Also, 48% of robotics procurement was from automotive manufacturers, followed by metal, food, consumer goods, semiconductors and electronics/photonics, plastics and rubber, and life sciences/pharma/biomed manufacturers. Thus, the high inclination toward automation in the region is expected to drive the single pair ethernet market in the region in the coming years.
North America has one of the largest automotive markets, with the US being the second-largest market globally. Companies such as General Motors, Ford, Chevrolet, VW, Tesla, Dodge, Toyota, Honda, Hyundai, and Renault have many manufacturing facilities in North America. Further, the US and Canadian governments are announcing the phase-out of gas-powered vehicles by 2035, boosting the production of electric vehicles (EVs). This is projected to drive the single pair ethernet market in North America during the forecast period. To curtail carbon emissions, governments in North America are emphasizing clean energy. For instance, in 2021, the US and Canada announced that they would be carbon neutral by 2050. Due to such initiatives, the development of solar and wind power projects is increasing across the region. For instance, in December 2021, the US government approved two solar projects in Riverside County, California, which will generate up to 465 MW of electricity, enough to power ~132,000 homes. Thus, the rising deployment of wind and solar farms is anticipated to propel the single pair ethernet utilization in the future. North America has a significant number of smart grids, smart cities, and smart farms, which also contributes to the growth of the single pair ethernet market in North America. Microchip Technology Inc., Vericom Global Solutions, Telebyte Inc., Molex, and UL LLC are among the regional members of the Single Pair Ethernet System Alliance, an alliance formed to promote single pair ethernet technology.
North America Single Pair Ethernet Market Revenue and Forecast to 2030 (US$ Million)
North America Single Pair Ethernet Market Segmentation
The North America single pair ethernet market is categorized into type, application, and country.
Based on type, the North America single pair ethernet market is bifurcated into infrastructure & device components and software & services. The infrastructure & device components segment held a larger market share in 2022. Further, infrastructure & device components segment is sub segmented into cables, connectors, and others. Also, the cables segment is divided into 10Base-T1, 100Base-T1, and 1000Base-T1.
In terms of application, the North America single pair ethernet market is categorized into robotics & automation, automotive & transportation, energy, machinery, and others. The robotics & automation segment held the largest market share in 2022.
By country, the North America single pair ethernet market is segmented into the US, Canada, and Mexico. The US dominated the North America single pair ethernet market share in 2022.
The Siemon Co, Würth Elektronik GmbH & Co KG, TE Connectivity Ltd, LEONI AG, Analog Devices Inc, HARTING Applied Technologies GmbH, Weidmuller Interface GmbH & Co KG, PHOENIX CONTACT GmbH & Co. KG, Lapp Holding SE, and Belden Inc are some of the leading companies operating in the North America single pair ethernet market.
Summary Info
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According to the Research Team’ research, the North America single pair ethernet market was valued at US$ 417.61 million in 2022 and is expected to reach US$ 1,093.66 million by 2030, registering a CAGR of 12.8% from 2022 to 2030. Rising number of data centers and increasing adoption of power over data line (PoDL) capabilities are among the critical factors attributed to drive the North America single pair ethernet market growth.
As data centers evolve to meet increasing data processing needs, SPE offers advantages in terms of connectivity, efficiency, and performance. The growing number of data centers demands higher bandwidth to support increasing data traffic driven by cloud computing, streaming services, and emerging technologies. SPE’s ability to provide higher data rates than traditional fieldbus technologies position it as a suitable solution for supporting the escalating bandwidth requirements within data center environments. The adoption of edge computing, where processing occurs closer to the data source, is increasing to reduce latency and enhance real-time data processing. Also, in December 2023, Blackstone announced a joint venture to spend US$ 7 billion on developing data centers in the US. SPE supports simplified and streamlined connectivity within rack-level architectures. Its compact design and versatility make it suitable for connecting servers, switches, and other equipment within data center racks, contributing to efficient data flow. SPE aligns with existing Ethernet standards, making it a natural fit for integration into data center networks. Its compatibility ensures a smooth transition and coexistence with other Ethernet-based technologies in data center environments. Therefore, the rising number of data centers is expected to be a significant trend for the single pair ethernet market.
On the flip side, compatibility issues with legacy systems hampers the growth of North America single pair ethernet market.
Based on type, the North America single pair ethernet market is bifurcated into infrastructure & device components and software & services. The infrastructure & device components segment held 75.9% market share in 2022, amassing US$ 316.83 million. It is projected to garner US$ 838.28 million by 2030 to register 12.9% CAGR during 2022-2030. Further, infrastructure & device components segment is subsegmented into cables, connectors, and others. Also, the cables segment is divided into 10Base-T1, 100Base-T1, and 1000Base-T1.
In terms of application, the North America single pair ethernet market is segmented into robotics & automation, automotive & transportation, energy, machinery, and others. The robotics & automation segment held 42.0% share of North America single pair ethernet market in 2022, amassing US$ 175.27 million. It is anticipated to garner US$ 471.28 million by 2030 to expand at 13.2% CAGR during 2022-2030.
Based on country, the North America single pair ethernet market is categorized into the US, Canada, Mexico. Our regional analysis states that the US captured 75.2% share of North America single pair ethernet market in 2022. It was assessed at US$ 314.13 million in 2022 and is likely to hit US$ 819.15 million by 2030, registering a CAGR of 12.7% during 2022-2030.
Key players operating in the North America single pair ethernet market are the Siemon Co, Würth Elektronik GmbH & Co KG, TE Connectivity Ltd, LEONI AG, Analog Devices Inc, HARTING Applied Technologies GmbH, Weidmuller Interface GmbH & Co KG, PHOENIX CONTACT GmbH & Co. KG, Lapp Holding SE, and Belden Inc., among others.
In November 2021, Analog Devices announced its engineering processes are now certified as compliant with ISO/SAE 21434:2021, the new automotive cybersecurity standard for the production of road vehicle electrical and electronic (E/E) systems.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the North America single pair ethernet market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America single pair ethernet market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Single Pair Ethernet Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
5. North America Single Pair Ethernet Market – Key Market Dynamics
5.1 Single Pair Ethernet Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Surging Demand for IIoT in Industrial Automation
5.2.2 Rising Requirement for SPE in Automotive Applications
5.3 Market Restraints
5.3.1 Disadvantages of Ethernet
5.3.2 Compatibility Issues with Legacy Systems
5.4 Market Opportunities
5.4.1 Rising Demand for Robots and Smart Devices
5.4.2 Growing Number of Smart Factories
5.5 Future Trends
5.5.1 Increasing Adoption of Power over Data Line (PoDL) Capabilities
5.5.2 Rising Number of Data Centers
5.6 Impact of Drivers and Restraints:
5.7 Application Trend Analysis
5.7.1 Machine wiring:
5.7.2 Sensors in the high bay warehouse:
5.7.3 Robotics:
5.7.4 Wind turbine:
5.7.5 Elevators and escalators:
5.7.6 Parking management and electric charging:
5.7.7 Onboard connectivity for unmanned aerial vehicles:
6. Single Pair Ethernet Market -North America Market Analysis
6.1 Single Pair Ethernet Market Revenue (US$ Million), 2020-2030
6.2 Single Pair Ethernet Market Forecast Analysis
7. North America Single Pair Ethernet Market Analysis – by Type
7.1 Infrastructure & Device Components
7.1.1 Overview
7.1.2 Infrastructure & Device Components: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
7.2 Software & Services
7.2.1 Overview
7.2.2 Software & Services: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
8. North America Single Pair Ethernet Market Analysis – by Infrastructure & Device Components
8.1 Cables
8.1.1 Overview
8.1.2 Cables: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
8.1.3 10Base-T1
8.1.3.1 Overview
8.1.3.2 10Base-T1: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
8.1.4 100Base-T1
8.1.4.1 Overview
8.1.4.2 100Base-T1: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
8.1.5 1000Base-T1
8.1.5.1 Overview
8.1.5.2 1000Base-T1: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
8.2 Connectors
8.2.1 Overview
8.2.2 Connectors: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
8.3 Others
8.3.1 Overview
8.3.2 Others: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
9. North America Single Pair Ethernet Market Analysis – by Application
9.1 Robotics & Automation
9.1.1 Overview
9.1.2 Robotics & Automation: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
9.2 Automotive & Transportation
9.2.1 Overview
9.2.2 Automotive & Transportation: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
9.3 Energy
9.3.1 Overview
9.3.2 Energy: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
9.4 Machinery
9.4.1 Overview
9.4.2 Machinery: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
10. North America Single Pair Ethernet Market – Country Analysis
10.1 North America Market Overview
10.1.1 North America: Single Pair Ethernet Market – Revenue and Forecast Analysis – by Country
10.1.1.1 North America: Single Pair Ethernet Market – Revenue and Forecast Analysis – by Country
10.1.1.2 United States: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.2.1 United States: Single Pair Ethernet Market Breakdown, by Type
10.1.1.2.2 United States: Single Pair Ethernet Market Breakdown, by Infrastructure & Device Components
10.1.1.2.2.1 United States: Single Pair Ethernet Market Breakdown, by Cables
10.1.1.2.3 United States: Single Pair Ethernet Market Breakdown, by Application
10.1.1.3 Canada: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.3.1 Canada: Single Pair Ethernet Market Breakdown, by Type
10.1.1.3.2 Canada: Single Pair Ethernet Market Breakdown, by Infrastructure & Device Components
10.1.1.3.2.1 Canada: Single Pair Ethernet Market Breakdown, by Cables
10.1.1.3.3 Canada: Single Pair Ethernet Market Breakdown, by Application
10.1.1.4 Mexico: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.4.1 Mexico: Single Pair Ethernet Market Breakdown, by Type
10.1.1.4.2 Mexico: Single Pair Ethernet Market Breakdown, by Infrastructure & Device Components
10.1.1.4.2.1 Mexico: Single Pair Ethernet Market Breakdown, by Cables
10.1.1.4.3 Mexico: Single Pair Ethernet Market Breakdown, by Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product News & Company News
11.4 Collaboration and Mergers & Acquisitions
12. Company Profiles
12.1 Belden Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Lapp Holding SE
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 PHOENIX CONTACT GmbH & Co. KG
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Weidmuller Interface GmbH & Co KG
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 HARTING Applied Technologies GmbH
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Analog Devices Inc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 LEONI AG
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 TE Connectivity Ltd
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Würth Elektronik GmbH & Co KG
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 The Siemon Co
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 Word Index
Table 1. Single Pair Ethernet Market Segmentation
Table 2. List of Vendors
Table 3. Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
Table 4. Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million) – by Type
Table 5. Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million) – by Infrastructure & Device Components
Table 6. Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million) – by Cables
Table 7. Single Pair Ethernet Market – Volume and Forecast to 2030 (Kilometers) – by Cables
Table 8. Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 9. North America: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million) – by Country
Table 10. United States: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million) – by Type
Table 11. United States: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million) – by Infrastructure & Device Components
Table 12. United States: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million) – by Cables
Table 13. United States: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 14. Canada: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million) – by Type
Table 15. Canada: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million) – by Infrastructure & Device Components
Table 16. Canada: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million) – by Cables
Table 17. Canada: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 18. Mexico: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million) – by Type
Table 19. Mexico: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million) – by Infrastructure & Device Components
Table 20. Mexico: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million) – by Cables
Table 21. Mexico: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 22. List of Abbreviation
Figure 1. Single Pair Ethernet Market Segmentation, by Country
Figure 2. PEST Analysis
Figure 3. Ecosystem: Single Pair Ethernet Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Single Pair Ethernet Market Revenue (US$ Million), 2020-2030
Figure 6. Single Pair Ethernet Market Share (%) – by Type (2022 and 2030)
Figure 7. Infrastructure & Device Components: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8. Software & Services: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Single Pair Ethernet Market Share (%) – by Infrastructure & Device Components (2022 and 2030)
Figure 10. Cables: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. 10Base-T1: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. 100Base-T1: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. 1000Base-T1: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Connectors: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Others: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Single Pair Ethernet Market Share (%) – by Application (2022 and 2030)
Figure 17. Robotics & Automation: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. Automotive & Transportation: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. Energy: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. Machinery: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 21. Others: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. North America: Single Pair Ethernet Market, by Key Country – Revenue (2022) (US$ Million)
Figure 23. North America: Single Pair Ethernet Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 24. United States: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 25. Canada: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
Figure 26. Mexico: Single Pair Ethernet Market – Revenue and Forecast to 2030 (US$ Million)
The List of Companies – North America Single Pair Ethernet Market
1. Belden Inc
2. Lapp Holding SE
3. Phoenix Contact GmbH & Co.KG
4. Weidmuller Interface GmbH & Co KG
5. Harting Applied Technologies GmbH
6. Analog Devices Inc
7. Leoni Ag
8. TE Connectivity Ltd
9. Wurth Elektronik GmbH & Co KG
10. The Siemens Co
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