Ethernet PHY Chip Market 2019 Global Size, Share, Recent Trends, Growth, Business Strategies, Competitive Landscape, Applications and Better Investment Opportunities with Forecast 2023

Ethernet PHY Chip Market 2019 Global Size, Share, Recent Trends, Growth, Business Strategies, Competitive Landscape, Applications and Better Investment Opportunities with Forecast 2023

” Ethernet PHY Chip Market “
Global Ethernet PHY Chip Market would touch a valuation of USD 14,217.1 MN by 2026, registering a double-digit CAGR of 10.3% throughout the forecast period (2019-2026).

Ethernet PHY Chip Market Overview:

The Ethernet PHY chip interfaces between the analog domain of Ethernet’s line modulation and the digital domain of link-layer packet signaling by implementing hardware send-receive function of Ethernet frames. This technology is one of the key innovations in the area of chip packets, which further improves the operation of electronic devices. 

The Ethernet PHY Chip has diverse application areas, such as data center & enterprise networking, industrial automation, consumer electronics, automotive, and telecom, among others.  Also, the chip finds huge applications in gaming consoles, set-top boxes & digital televisions, and embedded telecom systems. Increasing uptake of the chip in electronics products is expected to offer ample scope of growth to the chip manufacturers.

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Over the recent years, due to the augmenting demand for small chip modules to improve operations of electronic devices the Ethernet PHY Chip market has been growing continually. Moreover, the increasing demand for Ethernet PHY Chip units from some of the burgeoning end-use industries such as medical devices, telecom, and automotive positively impacts the market growth.

The adoption of 25GB Ethernet-based servers in data centers drives the growth in the market. Various data transmission speeds requirements of end-users in industrial and consumer-driven sectors attribute to the growth of the market.

Furthermore, factors such as the emergence of the internet of things (IoT) and online video streaming sites are fuelling the demand in the Ethernet PHY chip market. High bandwidth-switches would also drive market growth exponentially.

Conversely, factors such as the lack of technical expertise and continuous innovation in the chip manufacturing processes are impeding the growth of the market, resulting in the development of alternative products.  However, the consumer electronics sector that is demonstrating the largest adoption of the Ethernet PHY Chip units would support the growth of the market over the assessment period.

Major Players:

Players leading the global Ethernet PHY chip market include Intel Corporation (US), Broadcom (US), Texas Instruments Incorporated (US), Microchip Technology Inc. (US), Marvell (US),  Cirrus Logic, Inc. (US),  Silicon Laboratories (US),  NXP Semiconductors (The Netherlands), Davicom Semiconductor Inc. (Taiwan), and Barefoot Networks (US) among others.

Industry/ Innovation/Related News:

May 29, 2019 – Microchip Technology Inc. (MCHP – the US), a manufacturer of microcontroller, mixed-signal, analog, and Flash-IP integrated circuits announced the development of industry’s first terabit-scale Ethernet PHY that can enable highest-density 400 Gbe and FlexE connectivity.

The development was in response to the demand from cloud and telecom service providers who need switching and routing platforms that enable them to reduce costs, optimize bandwidth and increase capacity, security and flexibility, once the network is built.

The development was through MCHP’s subsidiary – Microsemi. With its unique set of capabilities META-DX1 family of Ethernet Physical-Layer (PHY) devices uniquely combine 100 to 400 GbE, FlexE, nanosecond time-stamping accuracy, and MACsec security engine in a single chip with terabit capacity.

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   – Competitive Analysis

Highly competitive, the Ethernet PHY chip market is adorned by a number of well-established as well as small players. That also makes the market to appear slightly fragmented. These players compete based upon pricing, technology, reputation, and services. Key strategies traced from recent developments of these key players include product or technology launch, agreement & partnership, acquisition, and expansion.

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Regional Overview

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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