1. What is the projected Compound Annual Growth Rate (CAGR) of the Industrial Ethernet Connector Market?
The projected CAGR is approximately 5.7%.
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Industrial Ethernet Connector MarketIndustrial Ethernet Connector Market by Type (RJ45 connectors, M12 connectors, M8 connectors, iX Industrial Interface, Others), by Application (Control Cabinets, Robotics, Motor/Motor Controls, Machinery, Others), by By Type (RJ45 Connectors, M12 Connectors, M8 Connectors, iX Industrial Interface) Forecast 2025-2033
The Industrial Ethernet Connector Market size was valued at USD 708.6 USD Million in 2023 and is projected to reach USD 1044.54 USD Million by 2032, exhibiting a CAGR of 5.7 % during the forecast period. Industry Ethernet connectors are hardened, high-performance interfaces designed to make bidirectional data delivery secure and uninterrupted in industrial settings. The RJ45, M12, and M8 connectors are available in various types, all developed with the requirements of the applications in mind. These connectors being elements, are robustly built, provide protection against electromagnetic interference, and are IP-rated to protect against dust and moisture ingress. Alongside industrial automation, production industry, and process control systems, they allow connectivity of devices such as PLC, sensors, and cameras. Among their advantages are a high level of system uptime, no downtime caused by a connection failure, and high data integrity. Industrial Ethernet connectors deserve a great deal of attention because they become the main items of increased reliability and performance indispensable for harsh industrial conditions. The industrial control systems (ICS), composed of strong engineering and advanced features become unavoidable devices of a high industrial communications efficiency and robustness.
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Application:
April 2023: Harting Technology Group launched a new “Captain IX” ethernet connector for industrial applications. It is enabled with technologies, including industrial 4.0 and the Industrial Internet of Things (IIOT). It is used for RJ45 connectors and M12 connectors. It is suitable for the automotive and railway industries.
August 2021: Amphenol Corporation launched a new iX industrial series of connectors. It is a next-generation industrial ethernet connector for factory and process automation, human interface devices, and robotics sectors. It is small compared to 70% with an RJ45 connector. This connector can transfer data at high transmission speed upto 10 Gbps. It enabled CAT6 and CAT7 protocols to transfer huge amounts of data across industrial applications.
June 2021: Provertha Connectors, Cables & Solutions GmbH based in Germany launched a new M12-Mini X Code industrial ethernet connector into the market. It can transfer data at a high transmission speed of 10 Gbps. It is able to work under industrial temperatures from – 400 C to 850 C. It enables shock and vibration protection. It is specifically designed for mobile automation and railway applications.
March 2020: Hirose Electric Co. Ltd partnered with Amphenol Corporation to introduce iX industrial connector for several applications such as factory and process automation, machine-to-machine communication, robotics, sensors, and human interface devices.
August 2019: HIROSE Electric developed a series of iX connectors for space-constrained industrial applications that require a high-speed data signal transmission of up to 10 Gbps. The iX range of industrial ethernet connectors can be used in both ethernet and non-ethernet applications.
The Industrial Ethernet Connector Market report provides a comprehensive analysis of the global market, including:
This report is an invaluable resource for business leaders, product managers, investors, consultants, and other stakeholders seeking a comprehensive understanding of the industrial Ethernet connector market and its future prospects.
The global industrial ethernet connector market is primarily segmented into key regions, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 5.7% from 2019-2033 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 5.7%.
Key companies in the market include Amphenol Corporation (U.S.), Belden Incorporated (U.S.), Harting Technology Group (Germany), Hirose Electric Co Ltd (Japan), Hubbell Incorporated (U.S.), LAPP Group (Germany), Phoenix Contact (U.S.), Siemens AG (U.S.), TE Connectivity (Switzerland), Weidmuller GmbH & Co. KG (Germany).
The market segments include Type, Application.
The market size is estimated to be USD 708.6 USD Million as of 2022.
Rising Demand from the Automotive and Construction Sectors to Aid Market Growth.
Technological Advancement in Equipment to Propel Market Growth.
Data Security and Cybersecurity Threats to Limit Market Growth.
April 2023: Harting Technology Group launched a new “Captain IX” ethernet connector for industrial applications. It is enabled with technologies, including industrial 4.0 and the Industrial Internet of Things (IIOT). It is used for RJ45 connectors and M12 connectors. It is suitable for the automotive and railway industries.
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The market size is provided in terms of value, measured in USD Million and volume, measured in K Units.
Yes, the market keyword associated with the report is "Industrial Ethernet Connector Market," which aids in identifying and referencing the specific market segment covered.
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