According to the recent study the Connector Market is projected to reach an estimated $98.0 billion by 2030from $74.1 billion in 2023, at a CAGR of 4.0% from 2023 to 2030. Growth in this market is primarily driven by growth in communication and consumer electronics industries, miniaturization of electronic devices, and increasing electronic content in vehicles.Browse 95 figures / charts and 73 tables in this 231 -page report to understand trends, opportunities and forecast in connector market by product type (PCB (Printed Circuit Board) connectors, fiber optic connectors, rectangular I/O, RF (Radio Frequency) coax, application-specific connectors, circular connectors, IC (Integrated circuit) sockets, and others), end use industry (transportation, consumer electronics, computer and peripherals, industrial, telecom/datacom, and others), and region (North America, Europe, APAC and the Rest of the World).
Lucintel forecasts that PCB connectors will remain the largest segment due to growth in the computer, consumer electronics, and communication end use industries
Transportation will remain the largest end use industry and witness the highest growth during the forecast period due to increasing electronic content in vehicles, increasing need for safety systems, and growing demand for hybrid and electric vehicles.
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- Asia Pacific will remain the largest region, and it is also expected to witness the highest growth over the forecast period, supported by increasing automotive production.
TE Connectivity, Amphenol Corporation, Molex Incorporated, Hon Hai Precision Industry, Volex PLC, Japan Aviation Electronics Industry, AptivPlc., Hirose Electric Co., Rosenberger, Yazaki Co., Luxshare ICT, and UCAP Powerare the major suppliers in theconnector market.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056
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