Ethernet PHY Chip Market Overview:
The global ethernet PHY chip market is anticipated to touch a value of USD 14,217.1 million by 2026, asserts Market Research Future (MRFR). The market can showcase 10.3% CAGR from 2018 to 2026 (forecast period). Factors driving the market growth include adoption of 25GB ethernet-based servers in data centers and demand for high-intensity switches for fast-paced connectivity.
Ethernet physical (PHY) layer chips emit physical analog signals from the device to network devices. The ethernet devices can connect with various physical media interfaces to provide speeds ranging from 1Mbit/s to 400 Gbit/s. The extensive applications in gaming consoles, digital televisions, set-top boxes, and embedded telecom systems is expected to offer ample scope for chip manufacturers.
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The penetration of Internet in far-flung economies, online video streaming, and advances in internet of things (IoT) can fetch high demand in the ethernet PHY chip market. 25GbE servers are being adopted by enterprises owing to its superior performance as compared to 40GbE servers. In addition, it can reduce the sale of ethernet switches and provide cost- economical benefits by lowering operational expenditure.
Increased demand for high-density switches can fetch massive demand in the ethernet PHY chip market. Popularity of online video streaming sites and inclination towards connected cars can drive its application.
But paucity of network infrastructure in emerging economies can restrain the market growth.
Ethernet PHY Chip Market Competitive Analysis:
Notable names in the ethernet PHY chip market include Texas Instruments Incorporated (U.S.), Cirrus Logic, Inc. (U.S.), Broadcom (U.S.), Barefoot Networks (U.S.), Intel Corporation (U.S.), Marvell (U.S.), Microchip Technology Inc. (U.S.), Davicom Semiconductor Inc. (Taiwan), Silicon Laboratories (U.S.), and NXP Semiconductors (The Netherlands).
These players are focused on developing new products to deliver next-generation solutions across diverse sectors. Companies are establishing units in emerging economies to lower their production costs and extend their footprint globally.
Ethernet PHY Chip Market Segmentation Analysis:
The ethernet PHY chip market is segmented by data rate, number of ports, and industry application.
Among data rates, the greater or equal to 100 Gbps segment can exhibit the highest CAGR of 14.7% during the forecast period. It can accrue close to USD 3,577.4 million by 2026. On the other hand, the 10/100/1000 Mbps segment is expected to exhibit 12.8% CAGR during the assessment period to generate close to USD 6,169.2 million by 2026.
By number of ports, single ports can exhibit 8.8% CAGR, while dual ports can display 8.1% CAGR. The ‘others’ segment can display the highest CAGR of 17.3% during the forecast period to generate close to USD 3,583.1 million by 2026. It was valued at USD 863.5 million in 2017.
By industry application, the automotive segment can showcase an exemplary 12.7% CAGR to accrue close to USD 2,070.8 million by 2026. On the other hand, industrial automation is likely to exhibit 11.9% CAGR during the assessment period to touch a size of USD 2,446.1 million.
Ethernet PHY Chip Market Research Methodology
At Market Research Future, we consider the proper blend of accurate, reliable, and relevant data as of prime importance. Our data analysts are adept in exactly interpreting data and gaining appropriate information from that. The primary research includes a head-to-head interview with eminent market insiders who know the market like the back of their hand. The secondary method amplifies pertinent factors of the market that can positively influence the market during the forecast period. Other credible sources such as annual reports, publications by relevant associations, and SEC filings do play an integral part in the planning of the report. To maintain an objective analysis, we have included several proprietary standards for the estimation and validation of market data. Top-down and bottom-up approaches are a part of this analysis for a holistic understanding of the market, and the endeavor is to provide our client with an edge that would help them gain insights.
Ethernet PHY Chip Market Regional Analysis:
Based on regions, the ethernet PHY chip market is segmented into North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW). APAC is expected to dominate the market till the end of the forecast period. This can be attributed to rapid industrialization in economies of China, India, and Japan. On the other hand, the North America region is expected to exhibit a robust CAGR during the assessment period owing to adoption of latest communication network protocols and need for high data transfer speeds in data centers.
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The Europe market is expected to experience 10.1% CAGR during the assessment period to accrue close to USD 3,328.4 million by 2026. This can be attributed to the emergence of hybrid and electric vehicles and automation of various industrial processes which can evoke the demand for ethernet chips.
The RoW region can accumulate close to USD 1,397.8 million by 2026. Rise in number of data centers to handle the voluminous flow of information, need for high-density ethernet switches, and improvement in field programmable gate array (FPGA) technologies are factors which can spur regional growth.
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