Global Circular Push Pull Connectors Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Circular Push Pull Connectors Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The Push–pull connector was invented by Swiss connector manufacturer LEMO and is a type of cable interconnect that provides a strong locking mechanism that is only released by squeezing the connector body, preventing accidental disconnects. The connector is cylindrical, enabling a wide range of body styles and configurations such as low or high voltage multipin, coaxial, triaxial, fluid and gas.

Market Overview:

The latest research study on the global Circular Push Pull Connectors market finds that the global Circular Push Pull Connectors market reached a value of USD 1751.13 million in 2022. It’s expected that the market will achieve USD 2413.17 million by 2028, exhibiting a CAGR of 5.49% during the forecast period.

Market Driver Analysis

With a large population base, China is the largest and fastest-growing regional market in the global market. Driven by the development of downstream communications, automotive, consumer electronics and other industries, the Chinese connector market has maintained a rapid growth trend. The development of 5G, new energy vehicles, consumer electronics and other fields has also brought circular push-pull connector market with the new driving force, the scale of the Chinese connector market continues to expand, surpassing Europe and North America and becoming the world's largest connector market.
The rapid development of China's domestic connector market has fostered a group of manufacturers with strong competitiveness. Driven by the demand of the downstream market, domestic connector manufacturers have increased investment in research and development of products, and gradually cut into the mid-to-high-end product market with higher product added value. In this process, a number of manufacturers with strong technology and product competitiveness have emerged. Although compared with some manufacturers in Europe, America, and Japan, Chinese manufacturers still have a certain gap in terms of brand, scale, and service, but they are showing a good development trend. The future development of China's circular push-pull connector industry market has broad prospects.
With the growth of the population and the prevalence of bad living habits, the prevalence of chronic diseases is getting higher and higher, and the demand for medical equipment is constantly increasing. Medical connectors are the part of devices which can attach syringes, tubing and catheters to other parts of medical devices. Circular Push Pull Connectors with cylindrical structure has natural robustness which has higher strength than any other shape. They have advanced structure, high reliability and are easy to use which has a wide range of applications in the medical industry.
The trend has promoted the application of circular push pull connectors in the medical field and promoted the development of circular push pull connectors.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

LEMO is one of the major players operating in the Circular Push Pull Connectors market, holding a share of 14.28% in 2020.

LEMO was founded in Switzerland in 1946. The company is mainly a manufacturer of electronic and fiber optic connectors and push-pull connectors. LEMO connectors are used in medical, industrial, telecommunications, military, scientific research, and measurement applications.

Fischer Connectors is a Swiss multinational corporation that designs, manufactures and distributes electrical connectors and optical fiber connectors, cable assemblies and connectivity systems. Founded in 1954, the company’s headquarters with its manufacturing facility and R&D Center is based in Saint-Prex, Switzerland. Fischer Connectors has eight subsidiaries employing 550 people worldwide (including 280 at its headquarters in Saint-Prex), with cable assembly facilities in Europe, North America and Asia Pacific and a global network of distributors and agents.

Segmentation Overview:

By type, Power connectors segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Industrial segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Circular Push Pull Connectors market covered in Chapter 3:

Switchcraft
Amphenol
Neutrik
Yamaichi
Hirose
Binder
NorComp
Souriau
ODU
TE Connectivity
Phoenix Contact
ITT Cannon
Harting
Bulgin
JAE Electronics,Inc.
LEMO
Fischer Connectors
Moco Connectors

In Chapter 4 and Chapter 14.2, on the basis of types, the Circular Push Pull Connectors market from 2018 to 2029 is primarily split into:

Hybrid connectors
Signal connectors
Data connectors
Power connectors

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Circular Push Pull Connectors market from 2018 to 2029 covers:

Military
Transportation
Industrial
Residential
Medical

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)