Global Industrial Connectors Market Growth 2023-2029
An electrical connector is an electromechanical device used to join electrical conductors and create an electrical circuit. Most electrical connectors have a gender - i.e. the male component, called a plug, connects to the female component, or socket. The connection may be removable (as for portable equipment), require a tool for assembly and removal, or serve as a permanent electrical joint between two points. An adapter can be used to join dissimilar connectors.
LPI (LP Information)' newest research report, the “Industrial Connectors Industry Forecast” looks at past sales and reviews total world Industrial Connectors sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Connectors sales for 2023 through 2029. With Industrial Connectors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Connectors industry.
This Insight Report provides a comprehensive analysis of the global Industrial 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 Industrial Connectors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Connectors market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial 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 Industrial Connectors.
The global Industrial Connectors market size is projected to grow from US$ 1917.4 million in 2022 to US$ 2602.4 million in 2029; it is expected to grow at a CAGR of 2602.4 from 2023 to 2029.
Global Industrial Connectors key players include Phoenix Contact, Amphenol, Belden, TE Connectivity, etc. Global top four manufacturers hold a share nearly 45%.
Asia-Pacific is the largest market, with a share about 35%, followed by Europe, and North America, both have a share over 50 percent.
In terms of product, M12 Sensor Cables is the largest segment, with a share about 25%. And in terms of application, the largest application is Machine Tools and Machinery, followed by Industrial Automation and Process Control, Food & Beverage, Packaging, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Connectors market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
M12 Sensor Cables
Connectors
Shielded Networking Cables
7/8” Power Cables
Others
Segmentation by application
Industrial Automation and Process Control
Machine Tools and Machinery
Food and Beverage
Pharmaceuticals
Packaging
Others
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.
Yazaki
TE Connectivity
Sumitomo Wiring Systems
Rosenberger
Phoenix Contact
Murrelektronik
Molex
JST
JAE
Hirose Electric
Harting
Escha
Delphi Connection Systems
Dai-ichi Seiko
Binder
Belden
Amphenol
Phoenix Contact
Key Questions Addressed in this Report
What is the 10-year outlook for the global Industrial Connectors market?
What factors are driving Industrial Connectors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Industrial Connectors market opportunities vary by end market size?
How does Industrial 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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