Global Ethernet Protocol Converters Market Growth (Status and Outlook) 2025-2031

The global Ethernet Protocol Converters market size is predicted to grow from US$ 107 million in 2025 to US$ 146 million in 2031; it is expected to grow at a CAGR of 5.4% from 2025 to 2031.

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.

LPI (LP Information)' newest research report, the “Ethernet Protocol Converters Industry Forecast” looks at past sales and reviews total world Ethernet Protocol Converters sales in 2024, providing a comprehensive analysis by region and market sector of projected Ethernet Protocol Converters sales for 2025 through 2031. With Ethernet Protocol Converters sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ethernet Protocol Converters industry.

This Insight Report provides a comprehensive analysis of the global Ethernet Protocol Converters landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Ethernet Protocol Converters portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Ethernet Protocol Converters market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ethernet Protocol Converters and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ethernet Protocol Converters.

This report presents a comprehensive overview, market shares, and growth opportunities of Ethernet Protocol Converters market by product type, application, key players and key regions and countries.

Segmentation by Type:
Hardware-based
Software-based

Segmentation by Application:
Industrial Automation
Smart Building
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Monico, Inc.
Phoenix Contact
Advantech
Red Lion Controls
Toshiba
Deutschmann Automation
Sopto
Westermo
ICP DAS
Odot Automation

Please note: The report will take approximately 2 business days to prepare and deliver.