Rockville , Jan. 16, 2024 (GLOBE NEWSWIRE) -- The global industrial plug and socket market is estimated at US$3,105.2 million in 2024 and is projected to grow steadily with a 5.1% CAGR through 2034.

To recap, the ix Industrial connectors have 10 positions, are IEC61076-3-124-compliant, and support data rates up to 10 Gb/s. The package is 75% smaller than a typical RJ45 connector.