Report Code: A09983 | Pages: NA | Mar 2023 | 2466 Views | ||
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Request Now !The global PCIe switches market is experiencing significant growth and is expected to grow considerably in the next few years. PCIe stands for peripheral component interconnects Express. PCIe switch is a device that switches PCIe buses on motherboards of computers or similar uses. The PCIe switch is a high-speed hardware interface used to connect several peripheral devices to a processor system. Incessant development is taking place to make PCIe switches technologically advanced.
Based on battery type, PCIe switches are segmented into Gen1, Gen2, Gen3, Gen4, and Gen5 switches. Among these switches, Gen3 switches are mostly being adopted as they can be configured in a multi-host mode with the help of multiple lanes and ports. Moreover, based on application, the global PCIe switches market has been classified into data centers, communications, military & defense, industrial, and others.
The global PCIe switches market is segmented on the basis of type, application, industry vertical, industry vertical and region. Based on type, the market is divided into gen1, gen2, and gen3. In terms of application, the market is categorized into data center, communication industry, industrial application, and others. In terms of industry vertical, the PCIe switches market is segregated into chemical & petrochemical, oil & gas, energy & power, automotive, food & beverages, healthcare, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global PCIe switches industry include Toshiba Corporation, Broadcom, Diodes Incorporated, Maxim Integrated, Microchip Technology Inc., Microsemi Corp., NXP Semiconductors, ON Semiconductor, STMicroelectronics, Texas Instruments Incorporated. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global PCIe switches market.
Market Scope and Structure Analysis
Report Metric | Details |
Market Size Available For Years | 2020–2027 |
Base Year Considered | 2019 |
Forecast Period | 2020–2027 |
Forecast Units | Value (USD) |
Segments Covered | Type, Application, Industry Vertical, and Region |
Regions Covered | North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa |
Companies Covered | Toshiba Corporation, Broadcom, Diodes Incorporated, Maxim Integrated, Microchip Technology Inc., Microsemi Corp., NXP Semiconductors, ON Semiconductor, STMicroelectronics, Texas Instruments Incorporated |
COVID-19 Scenario Analysis
The demand for high-performance storage is the primary driving factor the growth of the PCIe switches market. Adoption of PCIe switches in the server, storage, and general-purpose graphics processing unit (GPGPU) architectures is increasingly growing due to their high reliability and low pin-to-pin latency. Owing to growing demand for PCIe switches in multiple applications, manufacturers are focusing on the development of technologically advanced PCIe switches with high-speed operational capability. Additionally, increasing the use of PCIe switches to provide multiple fan-out switches with small size in military applications is expected to boost the PCIe market growth.
The demand for high-performance storage has played a major role in driving innovations in the PCIe switches market in the past few years. Stakeholders in the current market landscape are aligning their product development strategies in tune with the climbing consumer demand for faster and reliable data storage and management solutions.Â
While PCIe 3.0 switches offered a maximum speed of around 3,500MB/s, the new addition to the PCIe switches family, the PCIe 4.0 is likely to offer speeds up to 5000 MB/s. With the start of PCIe 4.0, the overall speed at which PCIe slot operates is doubled and provides a staggering 2GB/s per lane as opposed to the 1GB/s per lane offered by PCIe 3.0. In addition, PCIe 4.0 switches aid inefficient utilization of data center resources, which offer an optimal return on capital expenditures. Therefore, the demand for advanced PCIe 4.0 switches is expected to grow at a rapid pace in the coming years.
PCIe switches play an important role in the defense industry as they are used in unmanned systems payloads, ground control stations, command and control, avionics computers, and surveillance applications. In the military sector, demand for smaller sized and low weight products is high in military electronics systems. PCIe switches are a prominent choice in these products as they are more flexible, secure, and reliable.Â
PCIe switches allow to handle greater bandwidth operations at faster speeds. In addition, in military application, PCIe switches play an important role in performing operations precisely in adverse conditions. Hence, increase in the adoption of PCIe switches to provide multiple fan-out switches with small sizes in military applications is projected to be a significant factor fueling the market during the forecast period.
Key Segments Covered
Segments | Sub-Segments |
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Key Benefits of the Report
Questions Answered in the PCIe Switches Market Research Report
PCIe Switches Market Report Highlights
Aspects | Details |
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By Battery Type |
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By Industry Vertical |
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By Region |
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Key Market Players | Company1, Company2, Company3, Company4, Company5, Company6, Company7, Company8, Company9, Company10 |
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