Learn about the global switching equipment market through The Business Research Company, which provides information on switching equipment market size, switching equipment market drivers and restraints, switching equipment market players, the COVID-19 impact on the switching equipment market, and more.

The global switching equipment market is expected to grow from $38.58 billion in 2021 to $42.37 billion in 2022 at a compound annual growth rate (CAGR) of 9.8%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The switching equipment market is expected to reach $59.50 billion in 2026 at a CAGR of 8.9%.

The increase in the popularity of IoT devices among the populace will led to a rise in the switching equipment market.

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The switching equipment market consists of sales of switching equipment and related services. Switching equipment refers to a device that opens and closes electric circuits in general. These are used to build connections between nodes within a network. Information is shared on establishing of a connection between nodes. The switching equipment industry includes establishments that manufacture switching equipment including circuit breakers, contactors, switch disconnectors and disconnectors.

Global Switching Equipment Market Segments Include:

By End-User: Small Enterprises, Medium Enterprises, Large Enterprises

By End-Use Industry: Automotive, Healthcare, Telecommunications

By Application: Enterprise and Industrial Usage, Telecommunication Providers, Servers and Storage Providers

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the switching equipment market in 2021.

Power over Ethernet (PoE) technology is gaining importance in switching equipment market, thus emerging as a major trend for network switches. PoE switches are becoming common because they reduce clutter and can be added to both smart and managed switches. PoE technology also has the ability to combine the networking and electrical power into one cable and provide data connection and electrical power to the powered devices. PoE installation can provide many benefits such as flexibility, reliability, and cost-efficient.

TBRC’s switching equipment market report covers:

Major Market Players: ADVA, Ciena Corporation, Ericsson, Huawei Technologies, Alcatel-Lucent, ZTE, Infinera Corporation, Fujitsu Limited, ECI Telecom Ltd, Cisco Systems, Inc, Tellabs, Inc, ADTRAN Inc, Aliathon Technology Ltd., NEC Corporation, Huawei Technologies, Nokia Siemens, Cyan, Ekinops, JDS Uniphase Corporation and BTI.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Switching Equipment Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides switching equipment market overviews, analyzes and forecasts market size, share, switching equipment market players, switching equipment market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s switching equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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