MARKET INTRODUCTION
A 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. Thousands of configurations of connectors are manufactured for power, data, and audiovisual applications. Electrical connectors can be divided into four basic categories, differentiated by their function
MARKET SCOPE
The ˜Global Connector Market' is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the connector market with detailed market segmentation by product type, and end-users. The global connector market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading connector market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
1. By Product Type: On the basis of product type, the market is divided into PCB Connectors, IO Connectors, Circular Connectors, Fiber Optic Connectors, RF Coaxial Connectors and Others
2. By End-Users: On the basis of end-users, the market is divided into Telecom, Transportation, Automotive, Industrial, Computer & Peripherals and Others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It also provides market size and forecast estimates from the year 2018 to 2028 concerning five major regions, namely; North America, Europe, Asia- Pacific (APAC), Middle East and Africa (MEA), and South America. The connector market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the connector market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive best analysis for all five regions, namely; North America, Europe APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the connector market in these regions.
IMPACT OF COVID 19
The Impact of COVID-19 Outbreak on Connectors market is made to receive high growth in the forecast period due to fast-paced industrialization and urbanization in the developing countries. Moreover, strengthening traffic infrastructure projects and micro-tunneling activities are further expected to drive the growth of the Impact of COVID-19 Outbreak on Connectors market. However, high investment costs may affect the overall market growth.
MARKET PLAYERS
The report covers vital developments in the connector market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships and collaborations. These activities have paved the way for the expansion of businesses and the customer base of market players. The market players from the connector market are anticipated to have lucrative growth opportunities in the future with the rising demand for electrical connector in the global market. Below mentioned is the list of a few companies engaged in the electrical connector market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the connector market. Decide the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- 3M
- ABB Ltd.
- AMETEK
- Amphenol Corporation
- Aptiv PLC
- Huawei Technologies Co. Ltd.
- Japan Aviation Electronics Industry Ltd.
- Nexans
- Prysmian S.P.A.
- TE Connectivity Ltd.
The Insight Partners dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.