Railway Connector Market Scope and Analysis Report by 2028
Railway Connector Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 803.50 Million |
Market Size by 2028 | US$ 1,150.21 Million |
Global CAGR (2021 - 2028) | 5.3% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Connector Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The railway connector market is segmented on the basis of connector type, component, application, and geography. Based connector type, the market is segmented into broad level connector/PCB connector, data connector, pogo pin connectors/spring load connector, power connector, and others. In 2021, the broad level connector/PCB connector segment led the market and accounted for the largest market share. Based on component, the market is bifurcated into backshell and connector body. In 2021, the connector body segment led the market and accounted for a larger market share. Based on application, the railway connector market is segmented into light rail/trams, metro, passenger coach, and others. In 2021, the others segment led the market and accounted for the largest market share. Geographically, the market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2021, APAC accounted for a significant share in the global railway connector market.
Amphenol Corporation, Kyocera-AVX, Fischer Connectors SA, Harting Technology Group, Molex, LLC (Koch Industries, Inc.), Schaltbau GmbH, Allied Electronics Corporation, Smiths Interconnect, TE Connectivity Corporation, and TT Electronics are among the key players that are profiled during this market study. In addition, several other essential market players were studied and analyzed to get a holistic view of the railway connector market and its ecosystem.