QatarBusinessToday.com
No Result
View All Result
  • About Us
  • Contact Us
  • Business
  • Energy
  • Finance
  • Healthcare
  • Real Estate
  • Travel
  • Tech
  • Middle East
  • Press Releases
Submit a Press Release
  • Business
  • Energy
  • Finance
  • Healthcare
  • Real Estate
  • Travel
  • Tech
  • Middle East
  • Press Releases
No Result
View All Result
QatarBusinessToday.com
Submit PR
Home Press Releases

Ethernet Connector and Transformer Industry worth $1,294 million by 2028

Newsroom by Newsroom
January 24, 2023
Share on FacebookShare on Twitter


(EMAILWIRE.COM, January 24, 2023 ) 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. Ethernet connectors are vital components of network communication equipment. They are attached at the end of an Ethernet cable plugged into the routers, TVs, computers, laptops, etc. These are generally used to manage transmission speeds and handle bandwidth capability efficiently. The emergence of smart factories, Industry 4.0, and industrial IoT (IIoT) is expected to drive the Ethernet connector and transformer market.

Ask for Sample Report @
https://www.marketsandmarkets.com/requestsampleNew.asp?id=200866252

iX connectors for the Ethernet connector market account for the highest CAGR during the forecast period. The focus of Industrial 4.0 is on intelligent machine-to-machine communication, robotics, and automation through faster and smarter networks. This is made possible with high-speed industrial Ethernet connectivity. The requirement for faster data transfer rates has now become inevitable in industrial automation. This is where iX connectors come into the picture as they have been designed specifically keeping in mind the future industrial requirements.

The Ethernet market for industrial automation equipment applications is to hold the highest market share during the forecast period. As Ethernet becomes the plant floor network standard, connector options for Ethernet in the industry increase. For industrial environments, manufacturers are focusing on developing new and advanced connectors that can withstand harsh conditions. At TE Connectivity, for example, they have developed the Mini I/O connector system, which has a mating face envelope that is only 25% of the size of an RJ45 Jack. TE Connectivity partnered with another connector supplier Amphenol, to develop the original Mini I/O plug and enhanced versions that feature EMI (electromagnetic interference) shielding and CAT6A signal integrity performance to meet expected future industrial communication standards.

The Ethernet connector & transformer market in Europe accounted for the second largest share in 2022. Many big players, such as Ericsson, Nokia Corporation, Vodafone, Telefonica, Orange, and Deutsche Telekom, have a strong presence and vast infrastructure in the region. These companies have taken significant steps to lead global developments toward 5G technology. The European Commission identifies 5G standards as one of the five priority areas under the recently launched Digitizing European Industry initiative. The EU has also embarked on an ambitious international plan to accelerate global consensus building on 5G. According to the European 5G Observatory, as of March 2021, 5G commercial services are available in 24 EU-27 countries:

Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Estonia, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Luxembourg, the Netherlands, Poland, Romania, Slovakia, Slovenia, Spain, and Sweden. The rising penetration of 5G services will boost the Europe Ethernet connector and transformer market growth over the forecast timeframe.

News Also Covered: https://www.prnewswire.com/news-releases/ethernet-connector-and-transformer-market-worth-1-294-million-by-2028—exclusive-report-by-marketsandmarkets-301722310.html

Related Reports:

Industrial Communication Market by Offering (Component, Software and Services), Communication Protocol (Fieldbus, Industrial Ethernet and Wireless), Vertical (Automotive, Engineering/Fabrication) and Region – Global Forecast to 2027

Industrial Ethernet Market with Recession Impact Analysis by Offering (Hardware, Software, Services), Protocol (PROFINET, EtherNet/IP), End-use Industry (Automotive & Transportation, Electrical & Electronics) and Region- Global Forecast to 2028



Source link

Previous Post

Qatar Airways Brings Year of the Rabbit Celebrations to Passengers Onboard

Next Post

In Vitro Diagnostics Quality Control Market is expected to grow at a CAGR of 5.5 percent during the forecast period

Related Posts

Press Releases

UHT Processing Market Statistics, Growth, Trends & Forecasts

February 3, 2023
Press Releases

Industrial PC Market Worth $6.6 billion in 2028 at a CAGR of 5.5%

February 3, 2023
Automotive Adhesive Tapes Market Size is projected to reach USD 12.1 Billion By 2026
Press Releases

Automotive Adhesive Tapes Market Size is projected to reach USD 12.1 Billion By 2026

February 3, 2023
Fatty Amines Market Global Analysis by Top Key Players Focusing on Growth Strategies and Upcoming Trends 2024
Press Releases

Fatty Amines Market Global Analysis by Top Key Players Focusing on Growth Strategies and Upcoming Trends 2024

February 3, 2023
Press Releases

Data Center Power Market Projected to Gain $26.1 billion by 2025

February 3, 2023
Low VOC Adhesives Market worth $63.3 billion by 2026
Press Releases

Low VOC Adhesives Market worth $63.3 billion by 2026

February 2, 2023

Recommended Stories

Qatar’s capital market set to see healthy pipeline of listings this year

January 16, 2023

Watches Are Yet Another Easy Way Rich People Make Their Money Into More Money

May 15, 2022
Think on it: Walnuts, Alzheimer’s Disease Progression and General Good Brain Health

Think on it: Walnuts, Alzheimer’s Disease Progression and General Good Brain Health

September 12, 2022

Popular Stories

  • ZainTech partners with LigaData to deliver data-driven digital services in MENA

    ZainTech partners with LigaData to deliver data-driven digital services in MENA

    0 shares
    Share 0 Tweet 0
  • Exchange goods, vehicles, or property for crypto on Bazaars

    0 shares
    Share 0 Tweet 0
  • Rastec Real Estate holds groundbreaking for mixed-use building project

    0 shares
    Share 0 Tweet 0
  • Qatari Ministry, Meta partnership seeks growth of digital innovation ecosystem

    0 shares
    Share 0 Tweet 0
  • Al Futtaim Group Real Estate partners with TIER Mobility for micro-mobility services at Dubai Festival City – MEConstructionNews.com

    0 shares
    Share 0 Tweet 0

Qatar Business Today™ publishes and aggregates business, socio-economic, Tech and industrial news on Qatar, Middle East and North Africa (MENA)..

Press release distribution services:

We provide press release distribution to media in Qatar, the Arab world and the GCC/MENA regions. Submit a press release today, contact us.

Recent News

.
  • McDonald's Qatar certified as 'Great Place to Work' – The Peninsula
  • Mideast Stocks: Qatar leads gains in Gulf markets; Saudi falls – ZAWYA
  • Australia’s Rest Super Said to Kick Off Endeavour Stake Sale – Yahoo Finance
  • Naseem Healthcare announces 'One Million Worth Surgeries' – Doha News

Categories

Business
Energy
Finance
Healthcare
Real Estate
Travel
Tech
Middle East
Press Releases

Subscribe to Our Newsletter

    Qatar Business Today™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC
    • About Us
    • Contact Us
    • Submit a Press Release
    No Result
    View All Result
    • Business
    • Energy
    • Finance
    • Healthcare
    • Real Estate
    • Tech
    • Travel
    • Middle East
    • Press Releases
    • About Us
      • Contact Us
      • Submit a Press Release

    Qatar Business Today™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC