Connector Market Scope and Size by 2031
The Connector Market is expected to register a CAGR of 6.2% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The Connector Market Report is categorized by product type into the following subsegments: PCB Connectors, IO Connectors, Circular Connectors, Fiber Optic Connectors, RF Coaxial Connectors, and Others. It further presents an analysis based on end-users, i.e., Telecom, Transportation, Automotive, Industrial, Computer and Peripherals, and Others. The global analysis is broken down at the regional level and major countries. The market evaluation is presented in US$ for the above segmental analysis.
Purpose of the ReportThe report Connector Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Connector Market Segmentation
Product Type- PCB Connectors
- IO Connectors
- Circular Connectors
- Fiber Optic Connectors
- RF Coaxial Connectors
- Others
- Telecom
- Transportation
- Automotive
- Industrial
- Computer and Peripherals
- Others
Strategic Insights
Connector Market Growth Drivers- Gowth of automotive and electronics industries: The sector is witnessing more demand for connectors because of the increasing demand for automotive electronics as well as consumer electronics.
- Miniaturization of Devices: As devices get smaller and more compact, then there is a growing requirement for smaller high-performance connectors.
- Growth of IoT Usage: The explosive growth of IoT devices, and the requirement for reliable connectivity, have become large boosters to the connector market.
- Growing adoption of wireless connectors: As the demand for wireless technology increases, wireless connectors are rapidly evolving, offering time-saving solutions by eliminating the need for physical connections.
- High-Speed Data Transfer: Higher data transfer speed via various applications such as 5G, AI, and cloud computing must be increased and thus high-speed connectors are on an increasing trend.
- Environment-Friendly Materials: There is a growing trend to use eco-friendly, recyclable materials in connectors to meet environmental standards and promote sustainability in the industry.
- Emergence of Markets: Industrialization and Technologies in the emerging world are rapidly catching up, starting from China to India. This offers opportunities for connector manufacturers.
- Electric Vehicles (EVs): The electrical vehicle market is very rapidly growing. There is a subsequent need for specialty contacts in the EV charging stations as well as onboard systems.
- Data Center and 5G Infrastructure: Expansion of data centers and rollout of 5G network will greatly contribute to new demand potentials in high-performance connectors.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Connector Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Connector Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The market is expected to register a CAGR of 6.2% during 2021–2031.
The driving factors of the market are growth in automotive, electronics, IoT, and miniaturization of devices.
Wireless connectors, high-speed data transmission, and environmentally-friendly materials are the trend-setters.
Major market players include 3M, ABB Ltd, AMETEK, Amphenol Corporation, Aptiv PLC, Huawei Technologies Co Ltd, Japan Aviation Electronics Industry Ltd, Nexans, Prysmian S P A,
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
TABLE OF CONTENTS
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Connector Market - By Product Type
1.3.2Connector Market - By End-user
1.3.3Connector Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.CONNECTOR MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTER'S FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.CONNECTOR MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.CONNECTOR MARKET - GLOBAL MARKET ANALYSIS
6.1.CONNECTOR - GLOBAL MARKET OVERVIEW
6.2.CONNECTOR - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.CONNECTOR MARKET - REVENUE AND FORECASTS TO 2028 " PRODUCT TYPE
7.1.OVERVIEW
7.2.PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3.PCB CONNECTORS
7.3.1.Overview
7.3.2.PCB Connectors Market Forecast and Analysis
7.4.IO CONNECTORS
7.4.1.Overview
7.4.2.IO Connectors Market Forecast and Analysis
7.5.CIRCULAR CONNECTORS
7.5.1.Overview
7.5.2.Circular Connectors Market Forecast and Analysis
7.6.FIBER OPTIC CONNECTORS
7.6.1.Overview
7.6.2.Fiber Optic Connectors Market Forecast and Analysis
7.7.RF COAXIAL CONNECTORS
7.7.1.Overview
7.7.2.RF Coaxial Connectors Market Forecast and Analysis
7.8.OTHERS
7.8.1.Overview
7.8.2.Others Market Forecast and Analysis
8.CONNECTOR MARKET - REVENUE AND FORECASTS TO 2028 " END-USER
8.1.OVERVIEW
8.2.END-USER MARKET FORECASTS AND ANALYSIS
8.3.TELECOM
8.3.1.Overview
8.3.2.Telecom Market Forecast and Analysis
8.4.TRANSPORTATION
8.4.1.Overview
8.4.2.Transportation Market Forecast and Analysis
8.5.AUTOMOTIVE
8.5.1.Overview
8.5.2.Automotive Market Forecast and Analysis
8.6.INDUSTRIAL
8.6.1.Overview
8.6.2.Industrial Market Forecast and Analysis
8.7.COMPUTER AND PERIPHERALS
8.7.1.Overview
8.7.2.Computer and Peripherals Market Forecast and Analysis
8.8.OTHERS
8.8.1.Overview
8.8.2.Others Market Forecast and Analysis
9.CONNECTOR MARKET REVENUE AND FORECASTS TO 2028 " GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Connector Market Overview
9.1.2North America Connector Market Forecasts and Analysis
9.1.3North America Connector Market Forecasts and Analysis - By Product Type
9.1.4North America Connector Market Forecasts and Analysis - By End-user
9.1.5North America Connector Market Forecasts and Analysis - By Countries
9.1.5.1United States Connector Market
9.1.5.1.1United States Connector Market by Product Type
9.1.5.1.2United States Connector Market by End-user
9.1.5.2Canada Connector Market
9.1.5.2.1Canada Connector Market by Product Type
9.1.5.2.2Canada Connector Market by End-user
9.1.5.3Mexico Connector Market
9.1.5.3.1Mexico Connector Market by Product Type
9.1.5.3.2Mexico Connector Market by End-user
9.2.EUROPE
9.2.1Europe Connector Market Overview
9.2.2Europe Connector Market Forecasts and Analysis
9.2.3Europe Connector Market Forecasts and Analysis - By Product Type
9.2.4Europe Connector Market Forecasts and Analysis - By End-user
9.2.5Europe Connector Market Forecasts and Analysis - By Countries
9.2.5.1Germany Connector Market
9.2.5.1.1Germany Connector Market by Product Type
9.2.5.1.2Germany Connector Market by End-user
9.2.5.2France Connector Market
9.2.5.2.1France Connector Market by Product Type
9.2.5.2.2France Connector Market by End-user
9.2.5.3Italy Connector Market
9.2.5.3.1Italy Connector Market by Product Type
9.2.5.3.2Italy Connector Market by End-user
9.2.5.4Spain Connector Market
9.2.5.4.1Spain Connector Market by Product Type
9.2.5.4.2Spain Connector Market by End-user
9.2.5.5United Kingdom Connector Market
9.2.5.5.1United Kingdom Connector Market by Product Type
9.2.5.5.2United Kingdom Connector Market by End-user
9.2.5.6Rest of Europe Connector Market
9.2.5.6.1Rest of Europe Connector Market by Product Type
9.2.5.6.2Rest of Europe Connector Market by End-user
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Connector Market Overview
9.3.2Asia-Pacific Connector Market Forecasts and Analysis
9.3.3Asia-Pacific Connector Market Forecasts and Analysis - By Product Type
9.3.4Asia-Pacific Connector Market Forecasts and Analysis - By End-user
9.3.5Asia-Pacific Connector Market Forecasts and Analysis - By Countries
9.3.5.1Australia Connector Market
9.3.5.1.1Australia Connector Market by Product Type
9.3.5.1.2Australia Connector Market by End-user
9.3.5.2China Connector Market
9.3.5.2.1China Connector Market by Product Type
9.3.5.2.2China Connector Market by End-user
9.3.5.3India Connector Market
9.3.5.3.1India Connector Market by Product Type
9.3.5.3.2India Connector Market by End-user
9.3.5.4Japan Connector Market
9.3.5.4.1Japan Connector Market by Product Type
9.3.5.4.2Japan Connector Market by End-user
9.3.5.5South Korea Connector Market
9.3.5.5.1South Korea Connector Market by Product Type
9.3.5.5.2South Korea Connector Market by End-user
9.3.5.6Rest of Asia-Pacific Connector Market
9.3.5.6.1Rest of Asia-Pacific Connector Market by Product Type
9.3.5.6.2Rest of Asia-Pacific Connector Market by End-user
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Connector Market Overview
9.4.2Middle East and Africa Connector Market Forecasts and Analysis
9.4.3Middle East and Africa Connector Market Forecasts and Analysis - By Product Type
9.4.4Middle East and Africa Connector Market Forecasts and Analysis - By End-user
9.4.5Middle East and Africa Connector Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Connector Market
9.4.5.1.1South Africa Connector Market by Product Type
9.4.5.1.2South Africa Connector Market by End-user
9.4.5.2Saudi Arabia Connector Market
9.4.5.2.1Saudi Arabia Connector Market by Product Type
9.4.5.2.2Saudi Arabia Connector Market by End-user
9.4.5.3U.A.E Connector Market
9.4.5.3.1U.A.E Connector Market by Product Type
9.4.5.3.2U.A.E Connector Market by End-user
9.4.5.4Rest of Middle East and Africa Connector Market
9.4.5.4.1Rest of Middle East and Africa Connector Market by Product Type
9.4.5.4.2Rest of Middle East and Africa Connector Market by End-user
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Connector Market Overview
9.5.2South and Central America Connector Market Forecasts and Analysis
9.5.3South and Central America Connector Market Forecasts and Analysis - By Product Type
9.5.4South and Central America Connector Market Forecasts and Analysis - By End-user
9.5.5South and Central America Connector Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Connector Market
9.5.5.1.1Brazil Connector Market by Product Type
9.5.5.1.2Brazil Connector Market by End-user
9.5.5.2Argentina Connector Market
9.5.5.2.1Argentina Connector Market by Product Type
9.5.5.2.2Argentina Connector Market by End-user
9.5.5.3Rest of South and Central America Connector Market
9.5.5.3.1Rest of South and Central America Connector Market by Product Type
9.5.5.3.2Rest of South and Central America Connector Market by End-user
10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11.CONNECTOR MARKET, KEY COMPANY PROFILES
11.1.3M
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.ABB LTD.
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.AMETEK
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.AMPHENOL CORPORATION
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.APTIV PLC
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.HUAWEI TECHNOLOGIES CO. LTD.
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.JAPAN AVIATION ELECTRONICS INDUSTRY LTD.
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.NEXANS
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.PRYSMIAN S.P.A.
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
11.10.TE CONNECTIVITY LTD.
11.10.1.Key Facts
11.10.2.Business Description
11.10.3.Products and Services
11.10.4.Financial Overview
11.10.5.SWOT Analysis
11.10.6.Key Developments
12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
The List of Companies
1.3M
2.ABB Ltd.
3.AMETEK
4.Amphenol Corporation
5.Aptiv PLC
6.Huawei Technologies Co. Ltd.
7.Japan Aviation Electronics Industry Ltd.
8.Nexans
9.Prysmian S.P.A.
10.TE Connectivity Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.