Global Industrial Media Converters Market 2020-2024

Global Industrial Media Converters Market 2020-2024

The author has been monitoring the industrial media converters market and it is poised to grow by $ 73.24 mn during 2020-2024 progressing at a CAGR of 5% during the forecast period. The reports on industrial media converters market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the ease of installation in existing cabling infrastructure, ability to resist electromagnetic interference, and increasing adoption of fiber optics in industrial communication systems.

The industrial media converters market analysis includes end-user segment and geographic landscape.

The industrial media converters market is segmented as below:

By End-user

• Process industry
• Discrete industry

By Geographic Landscapess

• North America
• Europe
• APAC
• MEA
• South America

This study identifies an increasing need for monitoring media converters as one of the prime reasons driving the industrial media converters market growth during the next few years. Also, the usage of hardened media converters and the emergence of power over ethernet in media converters will lead to sizable demand in the market.

The industrial media converters market covers the following areas:

• Industrial media converters market sizing
• Industrial media converters market forecast
• Industrial media converters market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial media converters market vendors that include Advantech Co. Ltd., Antaira Technologies LLC, Beijer Electronics Group AB, Belden Inc., Black Box Corp., Infinite Electronics Inc., Moxa Inc., Siemens AG, United Technologies Corp., and Volktek Corp. Also, the industrial media converters market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The author presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.