New York, United States , May 31, 2023 (GLOBE NEWSWIRE) -- The Global Ethernet Connector & Transformer Market Size is to grow from USD 864.78 million in 2022 to USD 2309.5 million by 2032, at a Compound Annual Growth Rate (CAGR) of 10.32% during projected period. The rising adoption of Ethernet connectivity for high-speed data transmission and low latency in various applications such as routers, servo drives, control cabinets, hubs and servers, network switches, network interface cards, WLAN access equipment, industrial automation equipment, and others in several industries including automotive & transportation, manufacturing, telecom, IT, data centers, consumer electronics, semiconductor, and others is expected to boost the demand for the ethernet connector & transformer market during the forecast period.
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The ubiquitous use of Ethernet connections for a variety of IT (Information Technology) platforms has long been acknowledged. Ethernet connections enable businesses to leverage rising bandwidth demands in order to meet emerging networking and real-time data exchange needs. The growth of these applications will boost the demand for high-speed transmission in in-vehicle computer networks. Ethernet connectors are essential for network-connected devices to function properly. They are connected to an Ethernet wire, which is inserted into routers, televisions, computers, laptops, and other devices. The growing demand for fast and flexible communication standards that enable secure connections is driving the explosive growth of the ethernet connector and transformer industry. The growing demand for fast and flexible communication standards that enable secure connections is driving the explosive growth of the ethernet connector and transformer market over the forecast period.
Browse key industry insights spread across 200 pages with 120 market data tables and figures & charts from the report on "Global Ethernet Connector & Transformer Market Size, Share, and COVID-19 Impact Analysis, By Type (ix Connector, M8 Connector, M12 Connector, RJ45 Connector), By Transmission Speed (10Base-T, 100Base-T, 1000 Base-T, 10GBase-T), By Application (Routers, Servo Drives, Control Cabinets, Hubs and Servers, Network Switches, Network Interface Cards, WLAN Access Equipment, Industrial Automation Equipment, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 – 2032." Get Detailed Report Description Here:
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The RJ45 connector segment is dominating the market with the largest revenue share over the forecast period.
On the basis of type, the global ethernet connector & transformer market is segmented into the ix connector, M8 connector, M12 connector, and RJ45 connector. Among these, the RJ45 connector segment is dominating the market with the largest revenue share of 38.6% over the forecast period. RJ45 connectors are most commonly used in both residential and commercial settings to link personal computers, laptops, smart TVs, cell phones, games consoles, media servers, printers and copiers, and other devices to the internet.
The 100Base-T segment is witnessing significant CAGR growth over the forecast period.
On the basis of transmission speed, the global ethernet connector & transformer market is segmented into 10Base-T, 100Base-T, 1000 Base-T, and 10GBase-T. Among these, 100Base-T is witnessing significant CAGR growth over the forecast period. 100BASE-T is an improved version of Ethernet 10BASE-T and the networking standard used for high-speed data transfers of a maximum of 100 Mbps.
The routers segment accounted for the largest revenue share of more than 25.2% over the forecast period.
On the basis of application, the global ethernet connector & transformer market is segmented into routers, servo drives, control cabinets, hubs and servers, network switches, network interface cards, WLAN access equipment, industrial automation equipment, and others. Among these, routers are dominating the market with the largest revenue share of 25.2% over the forecast period. 5G wireless networks are being implemented at a faster rate around the world, while the Internet of Things terminals and smart home devices are being installed in thousands of households, businesses, and organizations.
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Asia Pacific dominates the market with the largest market share over the forecast period.
Asia Pacific is dominating the market with more than 38.7% market share over the forecast period. This dominance can be attributed to the growing popularity of machine-to-machine communication, the Industrial Internet of Things (IoT) sector, the expansion of developing and related technologies, and government measures to support smart factories. As the Ethernet industry grows, so will the demand for Ethernet connections and transformers.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the Global Ethernet Connector & Transformer Market include Bourns, Inc., Belden Inc., HALO Electronics, TE Connectivity, Eaton Corporation, Lapp Gruppe, Schneider Electric, Rockwell Automation, TDK Corporation, Bel Fuse, TT Electronics, Amphenol Corporation, Mentech Technology USA Inc., Wurth Elektronik, and among others.
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Recent Developments
In January 2022, HALO Electronics, Inc, an established manufacturer of Ethernet Transformers, announced the initial release of the industry's first commercially available IEEE802.3ch compliant 2.5GBASE-T1 transformers, providing galvanic isolation for applications requiring a higher level of isolation. One of the many advantages of this galvanic isolation transformer is better system-level CMR performance as a result of the PHY side Center Tap (CT) connecting to the ground, which should be useful in critical high-noise applications such as automotive and aerospace.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the Global Ethernet Connector & Transformer Market based on the below-mentioned segments:
Ethernet Connector & Transformer Market, Type Analysis
- ix Connector
- M8 Connector
- M12 Connector
- RJ45 Connector
Ethernet Connector & Transformer Market, Transmission Speed Analysis
- 10Base-T
- 100Base-T
- 1000 Base-T
- 10GBase-T
Ethernet Connector & Transformer Market, Application Analysis
- Routers
- Servo Drives
- Control Cabinets
- Hubs and Servers
- Network Switches
- Network Interface Cards
- WLAN Access Equipment
- Industrial Automation Equipment
- Others
Ethernet Connector & Transformer Market, Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
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Global Ethernet Connector & Transformer Market Size, Share, and COVID-19 Impact Analysis, By Type (ix Connector, M8 Connector, M12 Connector, RJ45 Connector), By Transmission Speed (10Base-T, 100Base-T, 1000 Base-T, 10GBase-T), By Application (Routers, Servo Drives, Control Cabinets, Hubs and Servers, Network Switches, Network Interface Cards, WLAN Access Equipment, Industrial Automation Equipment, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 – 2032
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