The ethernet PHY chip market will witness a healthy growth from 2020 to 2026, a research report suggests. Growing at a CAGR of 10.3%, the market is projected to reach US$14,217.1 million by 2026. The rising consumer electronics market is expected to support the market growth along with the increasing usage of ethernet PHY chips in end-use industries. As predicted by analysts, complexities in ethernet phy chip manufacturing will negatively affect the market’s performance from 2020 to 2026. During the forecast period, the market will be supported by the growing demand from automotive, medical devices, and telecom sectors and the rising adoption of 25GB ethernet-based servers.
Market Segmentation
The ethernet physical layer sector has seen growth across data rate, number of ports, and industry application segments owing to the proliferation of the internet of things (IoT) devices and high demand across industry verticals. To study the market, analysts have further segmented data rate, number of ports, and industry application into data rate on the basis of 10/100/1000 Mbps, greater than or equal to 100 Gbps, and 10/100 Mbps. The market is further segmented into a number of ports which is split into single port, dual port, and others. Additionally, the ethernet PHY chip market on the basis of industry application is segmented into automotive, consumer electronics, data center & enterprise networking, industrial automation, telecom, and others.
Key Vendors– Intel Corporation (U.S.), Broadcom (U.S.), Texas Instruments Incorporated (U.S.), Microchip Technology Inc. (U.S.), Marvell (U.S.), Cirrus Logic, Inc. (U.S.), Silicon Laboratories (U.S.), NXP Semiconductors (The Netherlands), Davicom Semiconductor Inc. (Taiwan), and Barefoot Networks (U.S.)
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Ethernet physical layer based companies in the ethernet PHY chip market are functioning across North America, Europe, Asia Pacific, the Middle East, and Africa including the rest of the world. The spurring rise in IoT & IIoT technology will be a key growth driver for regional markets. However, the supply and demand gap will turn out to be a threat. For the forecast period 2020 to 2026 each of these regional markets are studied in the report. Starting from North America, the regional market and ethernet physical layer based companies are spread across the United States, Canada, and Mexico.
Industry News
Marvell Semiconductor has agreed to pay $452 million for Aquantia, bringing the company closer to the market for Ethernet transceivers as well as controllers used in network networks, data centres, warehouses, and automobiles. The deal will expand the company’s Ethernet PHY and MAC product lines as it aims to boost overall networking revenues, according to the Santa Clara, California-based company. Marvell offers Ethernet transmitters and controls that can reach speeds with one gigabit (Gbps) over coaxial cables that links data centres, vehicles, and network equipment, like 5G networks.