Global Circular Connectors Market Growth 2023-2029
Circular Connector applies to any electrical connector possessing multipin interconnects with cylindrical contact housings and circular contact interface geometries. Circular connectors are selected for ease of engagement and disengagement, their ability to conveniently house different types of contacts, their wide range of allowable contact voltages and currents, their ease of environmental sealing and their rugged mechanical performance. The primary disadvantage of the circular design is loss of panel space when used in arrays when compared to rectangular connectors.
Circular connectors are prized because of their durability. Many circular connectors have either threaded components on the ends or lock in other ways that prevent them from being forcibly pulled out of their socket when they are connected. This makes them ideal solutions for situations where force may be applied to the cable that they terminate or where the environment may be one where it's likely that some sort of contaminant could be introduced into an open connection.
LPI (LP Information)' newest research report, the “Circular Connectors Industry Forecast” looks at past sales and reviews total world Circular Connectors sales in 2022, providing a comprehensive analysis by region and market sector of projected Circular Connectors sales for 2023 through 2029. With Circular Connectors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Circular Connectors industry.
This Insight Report provides a comprehensive analysis of the global Circular Connectors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Circular Connectors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Circular Connectors market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Circular Connectors and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Circular Connectors.
The global Circular Connectors market size is projected to grow from US$ 4274.9 million in 2022 to US$ 5372.8 million in 2029; it is expected to grow at a CAGR of 5372.8 from 2023 to 2029.
The top three global manufacturers of circular connectors are TE Connectivity, Amphenol and ITT, with a combined market share of 21 per cent.
This report presents a comprehensive overview, market shares, and growth opportunities of Circular Connectors market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Hybrid Connectors
Signal Connectors
Data Connectors
Power Connectors
Segmentation by application
Military
Transportation
Industrial
Residential
Medical
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
TE Connectivity
Amphenol
ITT
Molex
JAE Electronics
Omron
Lemo
Hirose
Jonhon
Souriau
Binder Group
Belden
Phoenix Contact
CUI
Deren
Key Questions Addressed in this Report
What is the 10-year outlook for the global Circular Connectors market?
What factors are driving Circular Connectors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Circular Connectors market opportunities vary by end market size?
How does Circular Connectors break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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