Single Pair Ethernet Market is expected to reach US$ 7.20 Billion by 2031

Global Single Pair Ethernet Market Forecast to 2031: Key Insights

According to our latest study on "Global Single Pair Ethernet Market – Global and Regional Share, Trend, and Growth Opportunity Analysis – by Type, Application, and Geography," the market was valued at US$ 2.88 billion in 2024 and is expected to reach US$ 7.20 billion by 2031. The single pair Ethernet market size is estimated to register a CAGR of 14.26% during 2025–2031. Increasing adoption of Power over Data Line (PoDL) capabilities acts as a single pair ethernet market trend.

The?‍?‌‍?‍‌?‍?‌‍?‍‌ growing use of Power over Data Line (PoDL) functions is expected to be a major trend in the single pair Ethernet market. PoDL permits power and data to be sent at the same time over a single pair of wires; thus, a number of advantages are made available to various industries. PoDL provides the power necessary to a device by means of one that carries data without the need for a separate power cable; this is very efficient and valuable in applications where simplification of the cable and reduction of the installation complexity are the main factors. In industrial environments, PoDL can be used to power sensors, actuators, and other devices, which makes the deployment of automation systems very easy. PoDL allows devices to get power and data through a single cable, thus they can be placed anywhere. This advantage is very useful in case devices have to be put in locations that are hard to reach with separate power and data lines. In building automation, PoDL can be used to power and connect sensors or actuators placed in locations that are hard to reach by traditional cabling methods.

Single Pair Ethernet Market

---

Single Pair Ethernet Market Growth to 2031 | 14.3% CAGR

Download Free Sample

---

Single Pair Ethernet Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Infrastructure and Device Components and Software and Services), Infrastructure and Device Components (Cables, Connectors, and Others), Cable Type (10Base-T1, 100Base-T1 and 1000Base-T1), Application (Robotics and Automation, Automotive and Transportation, Energy, Machinery, and Others), and Geography (North America, Europe, Asia Pacific, Middle East and Africa, and South America)

Surging Demand for IIoT in Industrial Automation Drives Global Single Pair Ethernet Market Growth

Single?‍?‌‍?‍‌?‍?‌‍?‍‌ Pair Ethernet (SPE) is one of the most significant industrial Ethernet technologies that is replacing the old architectures of Fieldbus networks and traditional Ethernet, hence helping the emergence of smart manufacturing, which virtually would be the next generation of IIoT and Industry 4.0. As industrial communication technology evolves, so does the demand for SPE on the market. It has become very conspicuous that the demand for long-term strategies and adapted solutions in smart manufacturing is higher than ever. SPE is becoming popular in industrial applications such as process automation and condition-based monitoring. The 10Base-T1 standard of the Institute of Electrical and Electronics Engineers (IEEE) made it possible for SPE to be used for quicker connectivity, better health insights, and greater performance in the smart manufacturing environment. As the technology becomes more intricate, manufacturers of all nations are primarily concerned about how to stay ahead of the competition by changing their business models to implement initiatives with respect to machine learning, smart manufacturing, and industrial automation.

Global Single Pair Ethernet Market: Segmental Overview

By type, the global single pair Ethernet market forecast is bifurcated into infrastructure and device components and software and services. The infrastructure and device components segment held the largest single pair ethernet market share.

The?‍?‌‍?‍‌?‍?‌‍?‍‌ infrastructure and device components include connectors, cables, switches, controllers, and physical layer (PHY) devices that enable SPE's high-speed, low-latency data transmission over a single twisted pair cable. These components pave the way for integration without interruption in industrial automation, automotive, and smart factory areas of application. Connector technology and improved cable performance breathe life into the endurance and signal quality aspects of the method in the most rugged of situations. It is evident from the manufacturer's side to choose miniaturized, tough, and cheap SPE device components if they will be able to deliver a compact, simplified, and scalable network infrastructure, taking Industry 4.0 into account, and ensuring the interoperability of complex systems. This segment is a center of SPE hardware innovation and market growth. SPE installation calls for the presence of cables, connectors, and other devices if network connectivity is to be achieved without disruptions.

Global Single Pair Ethernet Market Analysis: Competitive Landscape and Key Developments

The global single pair Ethernet market report highlights the factors driving market expansion and the key developments of prominent players. Analog Devices Inc, Belden Inc, HARTING Applied Technologies GmbH, Lapp Holding SE, LEONI AG, Phoenix Contact Development and Manufacturing Inc, TE Connectivity Ltd, The Siemon Co, Weidmuller Interface GmbH and Co KG, and Wurth Elektronik GmbH and Co KG are among the prominent players profiled in the global single pair ethernet market report. Market players focus on new product launches, expansion, diversification, and acquisition strategies, which enable them to capitalize on prevailing business opportunities.

• In March 2024, Belden Inc., a leading global supplier of network infrastructure and digitization solutions, announced the launch of its BEETLE Single Pair Ethernet (SPE) Lite Managed Switch from Lumberg Automation. An extension of Belden’s Single Pair Ethernet portfolio of connectivity products, the new BEETLE switch empowers organizations to reduce network complexity by deploying thinner, lighter SPE cables that provide connectivity via a single pair of wires rather than the two or four pairs required by standard Ethernet.
• In January 2024, Analog Devices, Inc. and Honeywell joined forces to explore the implementation of digital connectivity technologies without the need for replacing existing wiring. This partnership aims to leverage the use of SPE technology to upgrade building management systems. This strategic alliance, announced at CES 2024 in Las Vegas, marks the introduction of SPE technology to building management systems, offering benefits such as cost reduction, waste reduction, and minimized downtime.

Contact Us

Phone: +1-646-491-9876
Email Id: sales@theinsightpartners.com