Industrial Media Converters - Global Strategic Business Report

Global Industrial Media Converters Market to Reach $493.7 Million by 2030

The global market for Industrial Media Converters estimated at US$344.2 Million in the year 2022, is projected to reach a revised size of US$493.7 Million by 2030, growing at a CAGR of 4.6% over the analysis period 2022-2030. Process Industry, one of the segments analyzed in the report, is projected to record 5.1% CAGR and reach US$374.4 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Discrete Industry segment is readjusted to a revised 3.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $103.1 Million, While China is Forecast to Grow at 4.3% CAGR

The Industrial Media Converters market in the U.S. is estimated at US$103.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$86.4 Million by the year 2030 trailing a CAGR of 4.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 3.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.

Select Competitors (Total 54 Featured) -

• Advantech Co., Ltd.
• Beijer Electronics AB
• Belden, Inc.
• Siemens AG
• United Technologies Corporation (Interlogix)

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