The Global Digital Crosspoint Switches Market size is projected to grow at a CAGR of 5.8% during the forecast period, 2021-2028. The major drivers for this growth are high demand for cost-effective digital crosspoint switches in various applications such as avionics and electronics, and increasing adoption of single-lane crosspoint switches in electronic devices due to their lower costs.
Digital crosspoints switch data between different circuits or channels with binary decision-making functions by using an external clock signal that controls the sequence of switching operations. They can be used within networks where either pairs or channels may need isolation from disruption caused by electrical noise or power surges on other circuits sharing the same conductors.
The major drivers for the growth of the digital crosspoint market are high demand for cost-effective digital switches in different application areas such as electronics and increasing adoption of single-lane crosspoint switches due to their lower costs.
The key factors restraining market growth include lack of standardization among the manufacturers leading to incompatibility with other products on the same network, error-prone control logic design that leads to malfunctions or data loss from time to time, lengthy power cycling process which can lead to circuit damage when switching over an input signal channel between two circuits connected by a shared conductor cable. These problems have been addressed by newer product generations but will take some time before these become mainstream.
On the basis of Type, the market is segmented into Single Lane Crosspoint Switches, Dual Lane Crosspoint Switches, and Quad Lane Crosspoint Switches. Single Lane Crosspoint Switches accounted for the largest share of this market (over 40%), followed by Dual Lane Crosspoint Switches which captured about 35% of the total revenues in this market during that year. The Quad Lane Crosspoint Switch held a small share of less than 20%. This trend can be attributed to rising demand from the electronics industry-driven mainly by increasing use cases like industrial automation and machine vision systems, military equipment such as radar systems or missile guidance system requirements with high response time requirement, etc., especially those intended for battlefields or highly critical areas where fast reaction times are essential such as aerospace engineering.
On the basis of Application, the market is segmented into Electronics, Military, Avionics, Medical, and Others. The other application segments are used in a variety of industries including medical equipment such as MRI machines and X-ray units and defense systems which include missile guidance systems that require fast response times to ensure accuracy in tracking targets or reloading weapons from multiple canisters simultaneously. In addition to these two applications mentioned above; cross point switches can also be applied for use in gaming consoles like Microsoft Xbox 360 (Xbox 360) where it helps receive input signals from game controllers automatically without manual intervention by gamers during gameplay sessions for the seamless gaming experience.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market in North America is expected to grow during the forecast period due to increasing use in military applications such as missile guidance systems which are deployed by defense forces for more accurate tracking and reloading weapons from multiple canisters simultaneously among other reasons.
Up Market Research published a new report titled “Digital Crosspoint Switches Market research report which is segmented by Types (Single Lane Crosspoint Switches, Dual Lane Crosspoint Switches, Quad Lane Crosspoint Switches), By Applications (Electronics, Military, Avionics, Medical, Others), By Players/Companies LSI, Texas Instruments, Alcatel-Lucent, Huawei, Mindspeed, Vitesse Semiconductor, Cisco Systems, Juniper Networks”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
|Report Attributes||Report Details|
|Report Title||Digital Crosspoint Switches Market Research Report|
|By Type||Single Lane Crosspoint Switches, Dual Lane Crosspoint Switches, Quad Lane Crosspoint Switches|
|By Application||Electronics, Military, Avionics, Medical, Others|
|By Companies||LSI, Texas Instruments, Alcatel-Lucent, Huawei, Mindspeed, Vitesse Semiconductor, Cisco Systems, Juniper Networks|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||234|
|Number of Tables & Figures||164|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Single Lane Crosspoint Switches, Dual Lane Crosspoint Switches, Quad Lane Crosspoint Switches and By Application Electronics, Military, Avionics, Medical, Others.
Some of the companies that are profiled in this report are:
Digital Crosspoint Switches Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Digital Crosspoint Switches Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
Reasons to Purchase the Digital Crosspoint Switches Market Report:
Some other reports from this category!