Global Connectors Market 2024-2028
The connectors market is forecasted to grow by USD 26.67 bn during 2023-2028, accelerating at a CAGR of 6.48% during the forecast period. The report on the connectors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by miniaturization of electronic devices, consolidation of market vendors, and growth in the telecommunication sector.
Technavio's connectors market is segmented as below:
By End-user
- Automotive
- IT
- Telecom or datacom
- Consumer electronics and others
By Type
- PCB connectors
- I/O rectangular
- Application-specific
- Fiber optic connectors and others
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the increased adoption of automotive electronics as one of the prime reasons driving the connectors market growth during the next few years. Also, the advent of advanced connector technology and the increasing use of active cables as connectors will lead to sizable demand in the market.
The report on the connectors market covers the following areas:
- Connectors market sizing
- Connectors market forecast
- Connectors market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading connectors market vendors that include 3M Co., ABB Ltd., ALLIED ELECTRONICS CORP., AMETEK Inc., Amphenol Corp., Aptiv Plc, Elcom International Pvt. Ltd., Hon Hai Precision Industry Co. Ltd., Huawei Technologies Co. Ltd., Koch Industries Inc., METZ CONNECT GmbH, Nexans SA, Prysmian Spa, Rosenberger Hochfrequenztechnik GmbH & Co. KG, TE Connectivity Ltd., Yazaki Corp., HIROSE ELECTRIC Co. Ltd., J.S.T. MFG. Co. Ltd., Japan Aviation Electronics Industry Ltd., and Luxshare Precision Industry Co., Ltd. Also, the connectors market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.