Manufacturing & Construction / Connectors Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players - TE Connectivity, Amphenol, Molex Incorporated, Aptiv (Delphi)
Connectors Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - TE Connectivity, Amphenol, Molex Incorporated, Aptiv (Delphi)
Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Connectors Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 6.2% during the review period (2022 to 2027).
Connectors Market Overview
The global connector market is anticipated to witness significant growth during the forecast period. Factors such as rapid urbanization along with growing demand for consumer electronic devices, high usage of automation technology across various sectors including industrial, defense, and automotive segment driving the growth of the connector market.The significantly growing semiconductor industry has propelled the PCB connector market demand in the last few years. The PCB connectors are primarily categorized into three types which includes wire-to-board for linking individual wires to PCBs, cable-to-board for aligning circular or ribbon cable to PCBs and board-to-board for connecting two or more PCBs together.The rising applications for consumer electronics devices such as white goods and brown goods will proliferate the market growth extensively. In addition, the growing usage of automation technology across various sectors including industrial, automotive, and defense will further drive the market statistics of PCB connectors over the forecast period.
Industry News:
Apr 7, 2021:Amphenol Corporation (NYSE: APH), a leading global provider of high-technology interconnect, antenna and sensor solutions, today announced that it has completed its acquisition of MTS Systems Corporation (“MTS”). In connection with the close of the transaction, MTS common stock will cease to trade on the NASDAQ.
Dec 08, 2021:Molex, a global electronics leader and connectivity innovator, has acquired core technology and intellectual property (IP) from Keyssa Inc., a pioneer in high-speed contactless connectors. The acquisition of this unique wireless chip-to-chip technology, including over 350 filed patent applications, will accelerate Molex's strategy to further expand and diversify its micro connector portfolio with highly flexible, cable-free connectors for near-field, device-to-device applications.
Who are the Major Players in Connectors Market?
Top Key players in the Connectors Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Connectors Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes TE Connectivity Ltd. (NYSE:TEL), Amphenol Corporation (NYSE:APH), Molex Incorporated, Aptiv (Delphi), Foxconn Technology Co., Ltd. (Taiwan :2354.TW), Luxshare, YAZAKI, JAE, JST, Rosenberger, Hirose, Sumitomo Wing Systems, Harting, 3M and others.
What are the major Applications, Types and Regions for Connectors Market?
Connectors Market is segmented based on the type, applications, companies and regions.
By Type, Connectors Market has been segmented into
Power and Circuit Connectors
PCB Connectors
Bayonet Connector
Rectangular I/O Connector
Rf And Coaxial Connectors
Circular Connector
2 Mm Connector
FPC Connector
Other
The end user’s industry application on Connectors Market are,
Automobile
Computer And Peripheral Products
Telecom
Industrial
Medical
Other
Connectors Market Regional Analyis:
The North America connector market is witnessing a substantial surge owing to rising demand for specialized devices that can withstand high temperatures. The positive outlook toward the automotive sector coupled with an increase in advanced safety systems in vehicles will drive the market growth across Europe. The expanding industrial, commercial, and consumer electronics industries across the Asia Pacific region will drive the connector industry growth.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
What is our Connectors Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 6.2% during the review period (2022 to 2027).
Yes, the report can be customized as per your needs
Key Takeaways from this Connectors Report
Evaluate Connectors market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Connectors market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the study period of this market?
The Connectors Market is studied from 2017 - 2027.
What is the growth rate of Connectors Market?
The Connectors Market is growing at a CAGR of 6.2% over the next 5 years.
Who are the leading key players in Connectors Market?
What regions regions does this Connectors Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Connectors Market?
Power and Circuit Connectors, PCB Connectors, Bayonet Connector, Rectangular I/O Connector, Rf And Coaxial Connectors, Circular Connector, 2 Mm Connector, FPC Connector, Other
What are the significant Applications of Connectors Market?
Automobile, Computer And Peripheral Products, Telecom, Industrial, Medical, Other
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
