PCI Express Switches Market Analysis:
The global PCI Express Switches Market was valued at 920 million in 2024 and is projected to reach US$ 2104 million by 2031, at a CAGR of 12.9% during the forecast period.
PCI Express Switches Market Overview
Key Players in the Global PCI Express Switches Market
· Broadcom Inc.
· Microchip Technology
· ASMedia Technology Inc.
These top 3 companies hold a combined market share of approximately 58%.
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PCI Express Switches Key Market Trends :
· Rising Adoption of PCIe Switch Chips
PCIe switch chips are increasingly dominating the market, accounting for 97% of the total share, as they enable high-speed data transfers, making them crucial for SSDs and server applications.
· Geographical Market Shifts
China is the largest market for PCI Express switches, holding around 50% of the global share, while North America and Europe are also significant markets, contributing about 13% and 9%, respectively.
· Integration of PCIe Signal Enhancement Technology
As demand grows for higher performance and lower latency, the adoption of PCIe signal enhancement chips is on the rise, driving innovation in the PCIe switch segment.
· Increased Demand for SSDs
The SSD sector is the largest application for PCI Express switches, accounting for about 66% of the market share, owing to the growing need for faster storage solutions in servers and other data-driven applications.
· Growth of Data Centers and Cloud Infrastructure
With the increase in cloud services and data centers, the demand for high-performance PCI Express switches is expected to grow, especially for SSD applications, where fast data processing is essential.
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Total Market by Segment:
Global PCI Express Switches market, by Type, 2020-2025, 2026-2031 ($ millions) & (K Units)
Global PCI Express Switches market segment percentages, by Type, 2024 (%)
PCIe Switch Chip
PCIe Signal Enhancement Chip
Global PCI Express Switches market, by Application, 2020-2025, 2026-2031 ($ Millions) & (K Units)
Global PCI Express Switches market segment percentages, by Application, 2024 (%)
Server
SSD
Others
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies PCI Express Switches revenues in global market, 2020-2025 (estimated), ($ millions)
Key companies PCI Express Switches revenues share in global market, 2024 (%)
Key companies PCI Express Switches sales in global market, 2020-2025 (estimated), (K Units)
Key companies PCI Express Switches sales share in global market, 2024 (%)
Further, the report presents profiles of competitors in the market, key players include:
Broadcom Inc.
Microchip Technology
ASMedia Technology Inc.
Diodes Incorporated
Texas Instruments
Intel
ON Semiconductor
Semtech
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FAQs
Q: What are the key driving factors and opportunities in the PCI Express Switches market?
A:The key drivers include growing demand for SSDs and cloud data centers, while opportunities lie in AI, IoT, and edge computing applications.
Q: Which region is projected to have the largest market share?
A:China is projected to maintain the largest market share with around 50% of the global PCI Express Switches market.
Q: Who are the top players in the global PCI Express Switches market?
A:Broadcom Inc., Microchip Technology, and ASMedia Technology Inc. are the top players, collectively holding about 58% market share.
Q: What are the latest technological advancements in the industry?
A:Advancements include newer PCIe standards like PCIe 5.0 and 6.0, offering higher data transfer rates and improved performance.
Q: What is the current size of the global PCI Express Switches market?
A:The market was valued at USD 920 million in 2024 and is expected to reach USD 2,104 million by 2031.
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