The PCIe Switches Market Size was valued at USD 5.24 billion in 2023 and is expected to reach USD 15.49 billion by 2031, and grow at a CAGR of 14.5% over the forecast period 2024-2031.
One of the most reliable and practical solutions for addressing emerging data management requirements is a Peripheral Component Interconnect Express89) PCIe switch. The main focus of interested parties in the PCIe switch market is to launch new devices with faster speeds and functionalities. In the light of their exceptional performance, PCIe switches are gradually being deployed in data centres and telecommunications facilities.
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The global PCIe switch market has grown significantly and is projected to continue its growth in the coming years. PCIe stands for peripheral component interconnects Express. The PCIe switch is a device that switches the PCIe bus on your computer's motherboards, or other similar devices. The PCIe switch is a high-speed hardware interface that can be used to connect several Peripheral devices that are connected to the processor system. Technological progress is being made to make PCIe switches more advanced. Consumers are looking for PCIe that offers faster speeds compared to the older bus standards, such as peripheral. Component interconnect PCI and accelerated graphics protag Therefore, they will play a crucial role in the meeting The demands of today's technology. The ability to expand is also excellent in the PCIe. Users are also likely to be adding other components and accessories System with that feature.
KEY DRIVERS:
Increasing use of PCIe Switches
Advent of PCIe 4.0 to Improve Adoption of PCIe Switches In the last few years, demand for high performance storage has been an important factor in driving innovation on the PC keyboard market. In line with the increasing consumer demand for faster and secure data storage and management solutions, stakeholders in the present market landscape have aligned their product development strategies.
Demand for High Performance Storage
RESTRAIN:
Compatibility and interoperability issues
The GenZ Core Specification 1.0 revision has been developed by a collaboration between several technology companies, with the potential for replacing PCI Express. It's capable of transferring hundreds of gigabytes per second to each device. PCIe advancement is just not fast enough compared with Gen. Z. Furthermore PCI-Express is limited to a point-to-point connection, whereas Gen-Z may be able to circumvent this and interface with RAM.
OPPORTUNITY:
Growing innovation in PCIe switches
The growth of the PCIe switches market is primarily driven by demand for higher performance data storage. Adoption of PCIe switches in the server, storage, and general-purpose graphics processing unit architectures is increasingly the increase is due to their high reliability and low pinto latency for the PIN. Owing to growing demand for PCIe switches in multiple Applications, the development of technologically advanced PCIe switches with high speed is being pursued by manufacturers. operational capability.
PCIe 4.0 aims at improving the adoption of power switches
CHALLENGES:
Necessary to increase computing capacity and speed up data transfers
Due to supply chain disruption, the conflict between Russia and Ukraine could have an impact on the automotive PCIe switching market. Because Ukraine is a hub. The manufacturing of electronic components, such as PCIe switches for automotive electronics, could be affected by any interruption in production. This could result in Delayed production, increased costs and lower availability of vehicles equipped with modern connectivity features. Diversification may be needed by market players. sourcing strategies and monitor the situation closely to mitigate potential risks and ensure smooth operations, which could further impact the market. Due to supply chain interruptions and a reduction in consumer spending, the COVID-19 pandemic has caused automotive PCIe switches sales to decline. demand for automotive electronics, including PCIe switches. However, as the industry adapted to new norms and production resumed, the market showed signs of recovery, driven in part by increasing adoption of enhanced driver assistance systems and infotainment technologies, which eventually resulted in an unbalanced impact on the automotive industry Automotive PCIe switch market.
Financial services, the largest sector affected by the recession, were one of the most hard-hit sectors. Consumer of enterprise servers, which accounts for almost 25% of the total market. And while Wall Street's getting back on its feet, financial services companies are getting back on their feet. Surely, with their capital investments, they'll be much more budget conscious. Financial services, the largest sector affected by the recession, were one of the most hard-hit sectors. Consumer of enterprise servers, which accounts for almost 25% of the total market. Recognizing this, server designers are looking for ways to reduce costs while still being capable of meeting the strong financial service application's demanding requirements. Therefore, components such as PCI Express PCIe switches and others are very powerful Integrated devices are becoming more attractive because they allow designers to limit the chips and power needed to build a system. The server costs are determined by factors such as the form factor.
By Type:
Gen1
Gen2
Gen3
BY Application:
Communication Industry
Industrial Application
Others
By Industry:
Chemical & Petrochemical
Oil & Gas
Automotive
Healthcare
Others
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On a regional basis, the market is divided into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.
North America is expected to hold the largest market share in the global PCIe exchange market during the forecast period. This is due to the presence of a large number of data centres and the high acceptance of advanced technology in the region.
Asia Pacific is expected to be the fastest growing region at the time of the forecast. The growth of this market has been largely due to the growing demand for data centre infrastructure and communication equipment in the region.
Latin America is expected to witness significant growth in the PCIe transition market during the forecast period. This is due to the growing number of data center facilities and military and defense applications in the region.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The key player in Global PCIe switches Market are Toshiba Corporation, Broadcom, Diodes Incorporated, Maxim Integrated, Microchip Technology Inc., Microsemi Corp., NXP Semiconductors, ON Semiconductor, STMicroelectronics, Texas Instruments Incorporated, and Other players.
Toshiba Corporation-Company Financial Analysis
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 5.24 Billion |
| Market Size by 2031 | US$15.49 Billion |
| CAGR | CAGR of 14.5% From 2024 to 2031 |
| Base Year | 2022 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Gen1, Gen2, Gen3) • By Application (Data Center, Communication Industry, Industrial Application, Others) • By Industry (Chemical & Petrochemical, Oil & Gas, Energy & Power, Automotive, Food & Beverages, Healthcare, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Toshiba Corporation, Broadcom, Diodes Incorporated, Maxim Integrated, Microchip Technology Inc., Microsemi Corp., NXP Semiconductors, ON Semiconductor, STMicroelectronics, Texas Instruments Incorporated, and Other players. |
| Key Drivers |
• Increasing use of PCIe Switches • Demand for High Performance Storage |
| RESTRAINTS | • Compatibility and interoperability issues. |
Ans: The PCIe Switches Market is expected to grow at a CAGR of 14.5%.
Ans: PCIe Switches Market size was USD 5.24 billion in 2023 and is expected to Reach USD 15.49 billion by 2031.
Ans: Increasing use of PCIe Switches is major driver for the market.
Ans: Compatibility and interoperability issues to restrain the market growth.
Ans: North America is expected to hold the largest market share in the global PCIe exchange market during the forecast period.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. PCIe Switches Market Segmentation, By Type
9.1 Introduction
9.2 Trend Analysis
9.3 Gen1
9.4 Gen2
9.5 Gen3
10. PCIe Switches Market Segmentation, By Industry
10.1 Introduction
10.2 Trend Analysis
10.3 Chemical & Petrochemical
10.4 Oil & Gas
10.5 Energy & Power
10.6 Automotive
10.7 Food & Beverages
10.8 Healthcare
10.9 Others
11. PCIe Switches Market Segmentation, By Application
11.1 Introduction
11.2 Trend Analysis
11.3 Data Center
11.4 Communication Industry
11.5 Industrial Application
11.6 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 Trend Analysis
12.2.2 North America PCIe Switches Market by Country
12.2.3 North America PCIe Switches Market By Type
12.2.4 North America PCIe Switches Market By Industry
12.2.5 North America PCIe Switches Market By Application
12.2.6 USA
12.2.6.1 USA PCIe Switches Market By Type
12.2.6.2 USA PCIe Switches Market By Industry
12.2.6.3 USA PCIe Switches Market By Application
12.2.7 Canada
12.2.7.1 Canada PCIe Switches Market By Type
12.2.7.2 Canada PCIe Switches Market By Industry
12.2.7.3 Canada PCIe Switches Market By Application
12.2.8 Mexico
12.2.8.1 Mexico PCIe Switches Market By Type
12.2.8.2 Mexico PCIe Switches Market By Industry
12.2.8.3 Mexico PCIe Switches Market By Application
12.3 Europe
12.3.1 Trend Analysis
12.3.2 Eastern Europe
12.3.2.1 Eastern Europe PCIe Switches Market by Country
12.3.2.2 Eastern Europe PCIe Switches Market By Type
12.3.2.3 Eastern Europe PCIe Switches Market By Industry
12.3.2.4 Eastern Europe PCIe Switches Market By Application
12.3.2.5 Poland
12.3.2.5.1 Poland PCIe Switches Market By Type
12.3.2.5.2 Poland PCIe Switches Market By Industry
12.3.2.5.3 Poland PCIe Switches Market By Application
12.3.2.6 Romania
12.3.2.6.1 Romania PCIe Switches Market By Type
12.3.2.6.2 Romania PCIe Switches Market By Industry
12.3.2.6.4 Romania PCIe Switches Market By Application
12.3.2.7 Hungary
12.3.2.7.1 Hungary PCIe Switches Market By Type
12.3.2.7.2 Hungary PCIe Switches Market By Industry
12.3.2.7.3 Hungary PCIe Switches Market By Application
12.3.2.8 Turkey
12.3.2.8.1 Turkey PCIe Switches Market By Type
12.3.2.8.2 Turkey PCIe Switches Market By Industry
12.3.2.8.3 Turkey PCIe Switches Market By Application
12.3.2.9 Rest of Eastern Europe
12.3.2.9.1 Rest of Eastern Europe PCIe Switches Market By Type
12.3.2.9.2 Rest of Eastern Europe PCIe Switches Market By Industry
12.3.2.9.3 Rest of Eastern Europe PCIe Switches Market By Application
12.3.3 Western Europe
12.3.3.1 Western Europe PCIe Switches Market by Country
12.3.3.2 Western Europe PCIe Switches Market By Type
12.3.3.3 Western Europe PCIe Switches Market By Industry
12.3.3.4 Western Europe PCIe Switches Market By Application
12.3.3.5 Germany
12.3.3.5.1 Germany PCIe Switches Market By Type
12.3.3.5.2 Germany PCIe Switches Market By Industry
12.3.3.5.3 Germany PCIe Switches Market By Application
12.3.3.6 France
12.3.3.6.1 France PCIe Switches Market By Type
12.3.3.6.2 France PCIe Switches Market By Industry
12.3.3.6.3 France PCIe Switches Market By Application
12.3.3.7 UK
12.3.3.7.1 UK PCIe Switches Market By Type
12.3.3.7.2 UK PCIe Switches Market By Industry
12.3.3.7.3 UK PCIe Switches Market By Application
12.3.3.8 Italy
12.3.3.8.1 Italy PCIe Switches Market By Type
12.3.3.8.2 Italy PCIe Switches Market By Industry
12.3.3.8.3 Italy PCIe Switches Market By Application
12.3.3.9 Spain
12.3.3.9.1 Spain PCIe Switches Market By Type
12.3.3.9.2 Spain PCIe Switches Market By Industry
12.3.3.9.3 Spain PCIe Switches Market By Application
12.3.3.10 Netherlands
12.3.3.10.1 Netherlands PCIe Switches Market By Type
12.3.3.10.2 Netherlands PCIe Switches Market By Industry
12.3.3.10.3 Netherlands PCIe Switches Market By Application
12.3.3.11 Switzerland
12.3.3.11.1 Switzerland PCIe Switches Market By Type
12.3.3.11.2 Switzerland PCIe Switches Market By Industry
12.3.3.11.3 Switzerland PCIe Switches Market By Application
12.3.3.1.12 Austria
12.3.3.12.1 Austria PCIe Switches Market By Type
12.3.3.12.2 Austria PCIe Switches Market By Industry
12.3.3.12.3 Austria PCIe Switches Market By Application
12.3.3.13 Rest of Western Europe
12.3.3.13.1 Rest of Western Europe PCIe Switches Market By Type
12.3.3.13.2 Rest of Western Europe PCIe Switches Market By Industry
12.3.3.13.3 Rest of Western Europe PCIe Switches Market By Application
12.4 Asia-Pacific
12.4.1 Trend Analysis
12.4.2 Asia-Pacific PCIe Switches Market by Country
12.4.3 Asia-Pacific PCIe Switches Market By Type
12.4.4 Asia-Pacific PCIe Switches Market By Industry
12.4.5 Asia-Pacific PCIe Switches Market By Application
12.4.6 China
12.4.6.1 China PCIe Switches Market By Type
12.4.6.2 China PCIe Switches Market By Industry
12.4.6.3 China PCIe Switches Market By Application
12.4.7 India
12.4.7.1 India PCIe Switches Market By Type
12.4.7.2 India PCIe Switches Market By Industry
12.4.7.3 India PCIe Switches Market By Application
12.4.8 Japan
12.4.8.1 Japan PCIe Switches Market By Type
12.4.8.2 Japan PCIe Switches Market By Industry
12.4.8.3 Japan PCIe Switches Market By Application
12.4.9 South Korea
12.4.9.1 South Korea PCIe Switches Market By Type
12.4.9.2 South Korea PCIe Switches Market By Industry
12.4.9.3 South Korea PCIe Switches Market By Application
12.4.10 Vietnam
12.4.10.1 Vietnam PCIe Switches Market By Type
12.4.10.2 Vietnam PCIe Switches Market By Industry
12.4.10.3 Vietnam PCIe Switches Market By Application
12.4.11 Singapore
12.4.11.1 Singapore PCIe Switches Market By Type
12.4.11.2 Singapore PCIe Switches Market By Industry
12.4.11.3 Singapore PCIe Switches Market By Application
12.4.12 Australia
12.4.12.1 Australia PCIe Switches Market By Type
12.4.12.2 Australia PCIe Switches Market By Industry
12.4.12.3 Australia PCIe Switches Market By Application
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific PCIe Switches Market By Type
12.4.13.2 Rest of Asia-Pacific PCIe Switches Market By Industry
12.4.13.3 Rest of Asia-Pacific PCIe Switches Market By Application
12.5 Middle East & Africa
12.5.1 Trend Analysis
12.5.2 Middle East
12.5.2.1 Middle East PCIe Switches Market by Country
12.5.2.2 Middle East PCIe Switches Market By Type
12.5.2.3 Middle East PCIe Switches Market By Industry
12.5.2.4 Middle East PCIe Switches Market By Application
12.5.2.5 UAE
12.5.2.5.1 UAE PCIe Switches Market By Type
12.5.2.5.2 UAE PCIe Switches Market By Industry
12.5.2.5.3 UAE PCIe Switches Market By Application
12.5.2.6 Egypt
12.5.2.6.1 Egypt PCIe Switches Market By Type
12.5.2.6.2 Egypt PCIe Switches Market By Industry
12.5.2.6.3 Egypt PCIe Switches Market By Application
12.5.2.7 Saudi Arabia
12.5.2.7.1 Saudi Arabia PCIe Switches Market By Type
12.5.2.7.2 Saudi Arabia PCIe Switches Market By Industry
12.5.2.7.3 Saudi Arabia PCIe Switches Market By Application
12.5.2.8 Qatar
12.5.2.8.1 Qatar PCIe Switches Market By Type
12.5.2.8.2 Qatar PCIe Switches Market By Industry
12.5.2.8.3 Qatar PCIe Switches Market By Application
12.5.2.9 Rest of Middle East
12.5.2.9.1 Rest of Middle East PCIe Switches Market By Type
12.5.2.9.2 Rest of Middle East PCIe Switches Market By Industry
12.5.2.9.3 Rest of Middle East PCIe Switches Market By Application
12.5.3 Africa
12.5.3.1 Africa PCIe Switches Market by Country
12.5.3.2 Africa PCIe Switches Market By Type
12.5.3.3 Africa PCIe Switches Market By Industry
12.5.3.4 Africa PCIe Switches Market By Application
12.5.3.5 Nigeria
12.5.3.5.1 Nigeria PCIe Switches Market By Type
12.5.3.5.2 Nigeria PCIe Switches Market By Industry
12.5.3.5.3 Nigeria PCIe Switches Market By Application
12.5.3.6 South Africa
12.5.3.6.1 South Africa PCIe Switches Market By Type
12.5.3.6.2 South Africa PCIe Switches Market By Industry
12.5.3.6.3 South Africa PCIe Switches Market By Application
12.5.3.7 Rest of Africa
12.5.3.7.1 Rest of Africa PCIe Switches Market By Type
12.5.3.7.2 Rest of Africa PCIe Switches Market By Industry
12.5.3.7.3 Rest of Africa PCIe Switches Market By Application
12.6 Latin America
12.6.1 Trend Analysis
12.6.2 Latin America PCIe Switches Market by country
12.6.3 Latin America PCIe Switches Market By Type
12.6.4 Latin America PCIe Switches Market By Industry
12.6.5 Latin America PCIe Switches Market By Application
12.6.6 Brazil
12.6.6.1 Brazil PCIe Switches Market By Type
12.6.6.2 Brazil PCIe Switches Market By Industry
12.6.6.3 Brazil PCIe Switches Market By Application
12.6.7 Argentina
12.6.7.1 Argentina PCIe Switches Market By Type
12.6.7.2 Argentina PCIe Switches Market By Industry
12.6.7.3 Argentina PCIe Switches Market By Application
12.6.8 Colombia
12.6.8.1 Colombia PCIe Switches Market By Type
12.6.8.2 Colombia PCIe Switches Market By Industry
12.6.8.3 Colombia PCIe Switches Market By Application
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America PCIe Switches Market By Type
12.6.9.2 Rest of Latin America PCIe Switches Market By Industry
12.6.9.3 Rest of Latin America PCIe Switches Market By Application
13. Company Profiles
13.1 Toshiba Corporation
13.1.1 Company Overview
13.1.2 Financial
13.1.3 Products/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Broadcom
13.2.1 Company Overview
13.2.2 Financial
13.2.3 Products/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Diodes Incorporated
13.3.1 Company Overview
13.3.2 Financial
13.3.3 Products/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Maxim Integrated
13.4.1 Company Overview
13.4.2 Financial
13.4.3 Products/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Microchip Technology Inc
13.5.1 Company Overview
13.5.2 Financial
13.5.3 Products/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Microsemi Corp
13.6.1 Company Overview
13.6.2 Financial
13.6.3 Products/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 NXP Semiconductors
13.7.1 Company Overview
13.7.2 Financial
13.7.3 Products/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 ON Semiconductor
13.8.1 Company Overview
13.8.2 Financial
13.8.3 Products/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 STMicroelectronics
13.9.1 Company Overview
13.9.2 Financial
13.9.3 Products/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Texas Instruments Incorporated
13.10.1 Company Overview
13.10.2 Financial
13.10.3 Products/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. Use Case and Best Practices
16. Conclusion
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