The report "Ethernet Connector and Transformer Market by Connector Type (RJ45, M12, M8, iX), Connector Application, Transmission Speed (10Base-T, 100Base-T, GigabitBase-T, 10GBase-T), Transformer Application and Region - Global Forecast to 2028" The global Ethernet connector & transformers market is estimated to be valued at USD 940 million in 2023 and is expected to reach USD 1,294 million by 2028, at a CAGR of 6.6% from 2023 to 2028. The growth of the Ethernet connector & transformer market can be attributed to the growing need for fast and scalable communication protocols which offer secured communication.
The Ethernet connector
& transformer market includes major Tier I and II players like TDK
Corporation (Japan), TE Connectivity (Switzerland), Eaton Corporation
(Ireland), Belden Inc (US), Bourns Incorporation (US), and others. These
players have a strong market presence for Ethernet connectors &
transformers across various countries in North America, Europe, APAC, and
RoW.
RJ45 connectors are
expected to hold the highest market share during the forecast period
RJ45 connectors are also
increasing acceptance on the factory floor and in harsh environments. Cat6/6a
RJ45 connectors are also used for data-intense, harsh environment applications
such as telecommunication, military data hubs, aerospace, robotics, etc. Some
of the newer application segments where RJ45 is used include factory
automation, industrial process control, industrial robotics (fabrication and
assembly), quality control systems, Voice Over Internet Protocol (VOIP) systems
and devices, and others. For example, Allen Bradley, a Rockwell Automation
brand, offers RJ45 Ethernet connectors which are designed to withstand IP20
industrial applications while ensuring the integrity and performance of the
network. Other companies offering RJ45 connectors for the harsh environment are
Amphenol, Polamco, TDK, TE Connectivity, and others.
10GBase-T transmission
speed to hold the highest CAGR during the forecast period
10GBase-T is a type of
Ethernet signaling providing speeds over twisted-pair cabling that go beyond 1
Gigabit per second (Gbps) for distances up to 100 meters. This IEEE 802.3
standard can reach 2.5 and 5 Gbps over Cat5e and Cat6 cabling. Moreover, the latency
for 10GBase-T is three times lower than the 1GBase-T standard. As server
processing and Ethernet-based storage requirements continue to become higher,
the demand for 10GBase-T will constantly grow in the near future. This will
enhance the demand for LAN transformers developed with 10GBAse-T transmission
speed.
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Ethernet connector &
transformer market in APAC to hold the highest CAGR during the forecast period
The major end-user
industries of Ethernet solutions in APAC are manufacturing, oil & gas, semiconductor,
consumer electronics, and automotive. APAC has emerged as an auto-manufacturing
hub in the world. The surge in growth is attributed to the technological
advancements and mandatory regulations imposed by government regulatory
entities to adopt the best-in-class technology and standards. Most countries in
APAC, such as India, are experiencing a high growth rate fueled by the rapid
expansion of domestic enterprises. Also, companies such as AWS, Microsoft,
Google, and IBM are the leading cloud service providers in the region that are
fueling the growth of the Ethernet connector and transformer market.
Key Players
TDK Corporation (Japan),
TE Connectivity (Switzerland), Eaton Corporation (Ireland), Belden Inc (US),
Rockwell Automation (US), Amphenol Corporation (US), Bel Fuse Inc. (US),
Bourns, Inc. (US), Abracon (US), TT Electronics (UK), Schneider Electric
(France), Würth Elektronik GmbH & Co. KG (Germany), HALO Electronics (US),
Pulse Electronics (US), Taimag Corporation (China), LINK-PP (China), Shareway
Technology Co., Ltd. (China), Mentech Technology (US), Weidmüller Holding AG
& Co. KG (Germany), ifm electronic (India), Neutrik (Liechtenstein),
Keystone Electronics Corp. (US), Molex (US), HARTING Technology Group
(Germany), Kübler Group (Germany), and Lapp Holding (Germany) are among the
many players in the Ethernet connector & transformer market.
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