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. Product launches, acquisitions, partnerships, collaborations, strategic alliances, and expansions are the major growth strategies adopted by the market players. These strategies have enabled them to efficiently fulfill the growing demand for Ethernet connectors & transformers from different end-user industries and expand their global footprint by offering their products in all the major regions.
Key players operating in the Ethernet connector & transformer market are 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).
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TDK Corporation (Japan) is ranked first in the global Ethernet connector market because of its strong regional and application footprint. It engages in the manufacturing, distribution, and sale of electronic components. It provides an Ethernet transformer and connector with different data rates ideal for consumer electronics, network devices, and communication equipment applications. The company has a strong emphasis on research and development (R&D). Its R&D activities are directed toward developing products and materials technologies.
Eaton Corporation (Ireland) is ranked second in the Ethernet connector market. It deals with the designing, manufacturing, marketing, and supplying of electrical components, industrial components, power distribution and assemblies, residential products, single and three-phase power quality, wiring devices, circuit protection, utility power distribution, and power reliability equipment. The company offers PoE transformers for different power levels and RJ45 connectors for UPSs, VoIP phones, wireless LAN access points, Bluetooth access points, and network camera applications. It sells products to customers in more than 175 countries and maintains manufacturing facilities at 267 locations in 39 countries.
TE Connectivity (Switzerland) is ranked third in the Ethernet connector. The company offers a broad range of connectivity and sensor solutions, proven in the harshest environments, enabling advancements in transportation, industrial applications, medical technology, energy, and data communications. The company’s industrial Ethernet solutions range from Industrial RJ45 to small and more rugged Mini I/O solutions for the IP67 environments M8/M12. Across the automotive environment, there is a greater need for higher bandwidth and faster speeds, achieved with the help of TE Connectivity’s wide range of Ethernet connectors and transformers.
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
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