Press release
Card Connector Market 2018 by Global Leaders: TE Connectivity, Molex Incorporated, The 3M Company, Amphenol, Vishay Intertechnology, Yamaichi Electronics, Hirose Electric, AVX, CW Industries, Eaton
Market Research Future published a research report on “Card Connector Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.Global Card Connector Market - Overview
The Global Card Connector Market is growing with the rapid pace mainly due to the increasing market of smartphones or tablets. The dependency over the smartphones has been increased tremendously which in result has led to the growth of card connectors market. According to a recent study report published by the Market Research Future, the Global Card Connector Market is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).
Rapid modernization is taking place to make the city smarter and more resilient through the use of cutting-edge technologies and equipment. The changing technological advancements, increasing demand for control equipment and measurement equipment in various industrial set ups and the growing demand for gaming devices are the major factor contributing to the growth of the card connector market. Apart from it, the increasing implementation of high end medical devices and the increasing adoption of card edge connectors in LED lighting is boosting the card connector market. However, there are some factors such as integrity and reliability issues in designs of card connectors that are hindering the growth of the card connector market. The global card connector market is expected to have a significant growth over the forecast period.
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Industry News
October 2017 - Samtec has announced their low-profile PCI Express Gen 4 edge card connector which is expected to deliver good signal integrity because of its design of contact.
February 2017 - TE Connectivity (TE), a world leader in connectivity and sensors has announced its 3-in-2 card connector that would enable SIM and micro SD card connectivity in mobile phones, tablets, ultraportable devices and personal computers. This card connector’s space-efficient design features two cavities with the flexibility to accept either two SIM cards or one SIM card and one micro SD card. It is expected to save about 20 percent PCB space over other combination-type card connectors.
Key Players
The key players in the global card connector system market include- TE Connectivity Ltd (Switzerland), Molex Incorporated (U.S.), The 3M Company (U.S.), Amphenol Corporation (U.S.), Cinch Connectivity Solutions (U.S.), Vishay Intertechnology, Inc. (U.S.), HARTING Technology Group (Germany), Yamaichi Electronics Co., Ltd. (Japan), Hirose Electric Co., Ltd. (Japan), AVX Corporation (U.S.), CW Industries(U.S.), Kycon, Inc. (U.S.), Eaton Corporation Plc (Republic of Ireland) and CW Industries(U.S.) among others.
Global Card Connector Market - Segmentation
The Card Connector Market can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
• Segmentation by type: Comprises Edge Card, SIM Card, Memory Card, PC Card, Others
• Segmentation by application: Comprises Consumer Durables, Electronic Appliances, Mechanical Appliances, Electrical Equipment, Others
• Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.
Global Card Connector Market - Regional Analysis
North America is expected to hold the major market share in the global Card Connector market during the forecast period. The main factor which is driving the market is technological advancement and increase in the number of smart devices. Europe is closely following North America in terms of market share. Innovation in smart phones, laptops is increasing in the European countries, apart from it the increasing trend towards miniaturization are some major factor driving the market in the Europe. Asia Pacific region is expected to grow at a rapid rate during the forecast period. The rising demand for smart phones, tablets and laptops is one of the major drivers for the Asia Pacific region.
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Intended Audience
• Device manufacturers
• Network Operators
• Distributors
• Suppliers
• Research firms
• Software Developers
• Commercial Banks
• Vendors
• Semiconductor Manufacturers
• End-user sectors
• Technology Investors
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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