Global Ethernet Protocol Converters Market 2025 by Company, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Ethernet Protocol Converters market size was valued at US$ 108 million in 2024 and is forecast to a readjusted size of USD 151 million by 2031 with a CAGR of 5.1% during review period.
An Ethernet Protocol Converter is a device or software solution that enables seamless communication between systems using different Ethernet-based or non-Ethernet protocols. It translates data between industrial, automation, and network protocols such as Modbus TCP, PROFINET, EtherNet/IP, BACnet/IP, and OPC UA, allowing interoperability between legacy and modern systems. These converters are widely used in industrial automation, power grids, building management, and transportation systems, ensuring efficient data exchange across diverse equipment. With the rise of Industry 4.0 and IoT, Ethernet Protocol Converters play a critical role in connecting devices to cloud platforms, edge computing, and real-time monitoring systems, enhancing network efficiency, scalability, and security.
The Ethernet Protocol Converters market is expanding rapidly due to the growing need for interoperability in industrial automation, power distribution, and building management systems. These converters facilitate seamless communication between legacy and modern Ethernet-based protocols such as Modbus TCP, PROFINET, EtherNet/IP, and BACnet/IP, enabling efficient data exchange. The Americas and Asia-Pacific (APAC) are the leading markets, with the Americas accounting for a significant share due to early adoption of industrial automation and smart grid technologies, while APAC follows closely, driven by rapid industrialization and smart infrastructure projects in China, India, and Southeast Asia.
The industrial automation, energy, and smart building sectors are the primary application areas for Ethernet Protocol Converters. In industrial automation, these devices bridge communication gaps between PLC systems, robotic equipment, and SCADA networks, ensuring smooth data flow in Industry 4.0 environments. The power and energy sector relies on Ethernet Protocol Converters to integrate smart grids, renewable energy sources, and substation automation, supporting the global transition toward digitalized and sustainable energy solutions. In smart buildings, these converters enhance connectivity between HVAC, access control, and security systems, optimizing efficiency and energy management in modern infrastructures.
Regionally, the Americas lead the market, benefiting from strong industrial automation adoption and stringent regulatory standards promoting energy efficiency and smart manufacturing. APAC is experiencing the fastest growth, driven by expanding manufacturing industries, increasing government investments in smart infrastructure, and the rise of IoT-driven automation. Europe is also seeing steady growth, particularly in renewable energy projects, industrial digitalization, and smart city initiatives. As companies strive for higher efficiency and secure data transmission, the market is witnessing a shift toward cloud-compatible, AI-driven, and edge computing-integrated Ethernet Protocol Converters that improve network performance and scalability.
Looking ahead, the future of Ethernet Protocol Converters will be shaped by Industry 4.0, IIoT, and the expansion of smart grids. The demand for low-latency, high-speed data communication and cybersecurity-enhanced protocol conversion solutions will increase as industries move toward cloud-based monitoring and real-time analytics. Additionally, APAC is expected to overtake other regions in market growth, supported by strong manufacturing demand and government-backed digital transformation projects. As industries continue adopting advanced automation and interconnected systems, Ethernet Protocol Converters will remain essential in ensuring seamless data exchange, improved operational efficiency, and enhanced cybersecurity across diverse applications.
This report is a detailed and comprehensive analysis for global Ethernet Protocol Converters market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Ethernet Protocol Converters market size and forecasts, in consumption value ($ Million), 2020-2031
Global Ethernet Protocol Converters market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Ethernet Protocol Converters market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Ethernet Protocol Converters market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Ethernet Protocol Converters
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Ethernet Protocol Converters market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Monico, Inc., Phoenix Contact, Advantech, Red Lion Controls, Toshiba, Deutschmann Automation, Sopto, Westermo, ICP DAS, Odot Automation, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Ethernet Protocol Converters market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Hardware-based
Software-based
Market segment by Application
Industrial Automation
Smart Building
Others
Market segment by players, this report covers
Monico, Inc.
Phoenix Contact
Advantech
Red Lion Controls
Toshiba
Deutschmann Automation
Sopto
Westermo
ICP DAS
Odot Automation
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Ethernet Protocol Converters product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Ethernet Protocol Converters, with revenue, gross margin, and global market share of Ethernet Protocol Converters from 2020 to 2025.
Chapter 3, the Ethernet Protocol Converters competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Ethernet Protocol Converters market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Ethernet Protocol Converters.
Chapter 13, to describe Ethernet Protocol Converters research findings and conclusion.
An Ethernet Protocol Converter is a device or software solution that enables seamless communication between systems using different Ethernet-based or non-Ethernet protocols. It translates data between industrial, automation, and network protocols such as Modbus TCP, PROFINET, EtherNet/IP, BACnet/IP, and OPC UA, allowing interoperability between legacy and modern systems. These converters are widely used in industrial automation, power grids, building management, and transportation systems, ensuring efficient data exchange across diverse equipment. With the rise of Industry 4.0 and IoT, Ethernet Protocol Converters play a critical role in connecting devices to cloud platforms, edge computing, and real-time monitoring systems, enhancing network efficiency, scalability, and security.
The Ethernet Protocol Converters market is expanding rapidly due to the growing need for interoperability in industrial automation, power distribution, and building management systems. These converters facilitate seamless communication between legacy and modern Ethernet-based protocols such as Modbus TCP, PROFINET, EtherNet/IP, and BACnet/IP, enabling efficient data exchange. The Americas and Asia-Pacific (APAC) are the leading markets, with the Americas accounting for a significant share due to early adoption of industrial automation and smart grid technologies, while APAC follows closely, driven by rapid industrialization and smart infrastructure projects in China, India, and Southeast Asia.
The industrial automation, energy, and smart building sectors are the primary application areas for Ethernet Protocol Converters. In industrial automation, these devices bridge communication gaps between PLC systems, robotic equipment, and SCADA networks, ensuring smooth data flow in Industry 4.0 environments. The power and energy sector relies on Ethernet Protocol Converters to integrate smart grids, renewable energy sources, and substation automation, supporting the global transition toward digitalized and sustainable energy solutions. In smart buildings, these converters enhance connectivity between HVAC, access control, and security systems, optimizing efficiency and energy management in modern infrastructures.
Regionally, the Americas lead the market, benefiting from strong industrial automation adoption and stringent regulatory standards promoting energy efficiency and smart manufacturing. APAC is experiencing the fastest growth, driven by expanding manufacturing industries, increasing government investments in smart infrastructure, and the rise of IoT-driven automation. Europe is also seeing steady growth, particularly in renewable energy projects, industrial digitalization, and smart city initiatives. As companies strive for higher efficiency and secure data transmission, the market is witnessing a shift toward cloud-compatible, AI-driven, and edge computing-integrated Ethernet Protocol Converters that improve network performance and scalability.
Looking ahead, the future of Ethernet Protocol Converters will be shaped by Industry 4.0, IIoT, and the expansion of smart grids. The demand for low-latency, high-speed data communication and cybersecurity-enhanced protocol conversion solutions will increase as industries move toward cloud-based monitoring and real-time analytics. Additionally, APAC is expected to overtake other regions in market growth, supported by strong manufacturing demand and government-backed digital transformation projects. As industries continue adopting advanced automation and interconnected systems, Ethernet Protocol Converters will remain essential in ensuring seamless data exchange, improved operational efficiency, and enhanced cybersecurity across diverse applications.
This report is a detailed and comprehensive analysis for global Ethernet Protocol Converters market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Ethernet Protocol Converters market size and forecasts, in consumption value ($ Million), 2020-2031
Global Ethernet Protocol Converters market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Ethernet Protocol Converters market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Ethernet Protocol Converters market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Ethernet Protocol Converters
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Ethernet Protocol Converters market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Monico, Inc., Phoenix Contact, Advantech, Red Lion Controls, Toshiba, Deutschmann Automation, Sopto, Westermo, ICP DAS, Odot Automation, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Ethernet Protocol Converters market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Hardware-based
Software-based
Market segment by Application
Industrial Automation
Smart Building
Others
Market segment by players, this report covers
Monico, Inc.
Phoenix Contact
Advantech
Red Lion Controls
Toshiba
Deutschmann Automation
Sopto
Westermo
ICP DAS
Odot Automation
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Ethernet Protocol Converters product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Ethernet Protocol Converters, with revenue, gross margin, and global market share of Ethernet Protocol Converters from 2020 to 2025.
Chapter 3, the Ethernet Protocol Converters competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Ethernet Protocol Converters market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Ethernet Protocol Converters.
Chapter 13, to describe Ethernet Protocol Converters research findings and conclusion.
Table of Contents
91 Pages
- 1 Market Overview
- 2 Company Profiles
- 3 Market Competition, by Players
- 4 Market Size Segment by Type
- 5 Market Size Segment by Application
- 6 North America
- 7 Europe
- 8 Asia-Pacific
- 9 South America
- 10 Middle East & Africa
- 11 Market Dynamics
- 12 Industry Chain Analysis
- 13 Research Findings and Conclusion
- 14 Appendix
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