Global RJ45 or 8P8C Connector Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
The Rj45 is a connector for Ethernet cables since it can handle heavy data transmission and has a high transmission speed. It is attached to the end of the cable and it is plugged into a network port. 8P8C is a component of Rj45 connector, which indicates the connection mode of Ethernet cable, indicating that the connector has 8 positions (8P) and 8 connection points (8C).
Market Overview:
The latest research study on the global RJ45 or 8P8C Connector market finds that the global RJ45 or 8P8C Connector market reached a value of USD 2384.77 million in 2022. It’s expected that the market will achieve USD 4308.41 million by 2028, exhibiting a CAGR of 10.36% during the forecast period.
Growth Drivers
Connectors were originally mainly used in the military industry, and their large-scale civilian use began after World War II. With the development of the times and the progress of science and technology, RJ45 or 8P8C connector has been widely used in communication, consumer electronics, security, computer, automobile, rail transit and other fields. With the gradual expansion of the application field, RJ45 or 8P8C connector has gradually developed into a complete range of products, varieties of rich specifications, diverse forms of structure, professional direction segmentation, standard system specification, serialization and professional products, the global RJ45 or 8P8C connector market demand has maintained a steady growth.
The telecom industry has changed and will continue to grow in 2021. Telecoms are undergoing a digital revolution of both technologies that power the industry and direct how they communicate with customers. There is an acceleration of IoT and 5G technologies in the telecom industry.
In addition, the pandemic has created a strong need to upgrade telecommunications equipment -- whether in commercial workspaces or home entertainment. Work-from-home arrangements have encouraged companies to have better telecommunications equipment to keep business running and employees communicating well. On the other hand, home streaming services have seen huge growth in the wake of COVID-19 social constraints. The expansion of the telecommunications industry has brought a positive impact on the RJ45 or 8P8C connector market.
Region Overview:
China had the highest growth rate of all regions.
Company Overview:
The top three companies are Luxshare ICT, CommScope, Wenzhou Yihua Connector Co.,Ltd. with the revenue market share of 7.81%, 5.21%, 4.74% in 2021.
Luxshare Precision is a global designer and manufacturer of cable assembly and connector system solutions for consumer, automotive, cloud, and enterprise applications. Sustained new product development and technological innovation, combined with rational, effective cost control and optimization of their manufacturing processes in areas such as automated modules, not only ensure that the company is poised to achieve sustained and rapid growth in the future, but also provide a solid foundation to leverage industry-leading advantages.
CommScope is a company that provides connectivity solutions for communication networks. It offers antennas, cabinets, panels, enclosures, cables, connectors, networking systems, splitters, combiners, etc. The company designs and builds copper, fiber, and wireless infrastructure for the enterprise, government, wireline networks, and data centers.
Segmentation Overview:
As for product types, the Unshielded segment held the largest market share in 2021.
Application Overview:
By application, the Ethernet Network segment occupied the biggest share from 2017 to 2022.
Key Companies in the global RJ45 or 8P8C Connector market covered in Chapter 3:
Halo Electronics
Phoenix Contact
MH Connectors
Neutrik
Amphenol
TE Connectivity
Hirose Electric
Harting Technologie
Siemens
Luxshare ICT
CommScope
Panduit
Bel Stewart
Wurth Elektronik
Schneider Electric
Wenzhou Yihua Connector Co.,Ltd.
Molex
In Chapter 4 and Chapter 14.2, on the basis of types, the RJ45 or 8P8C Connector market from 2018 to 2029 is primarily split into:
Shielded
Unshielded
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the RJ45 or 8P8C Connector market from 2018 to 2029 covers:
Ethernet Network
Telecommunications
Factory Automation
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
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