Press release
Railway Connectors Market Recent Industry Trends and Projected Industry Growth by 2027: TE Connectivity, Amphenol Corporation, Molex Incorporated And More
Increased demand for different types of wagons is a major factor driving the growth of the railway connectors market. Wagons are rail vehicles used to carry passengers and freights. These vehicles are not equipped with propulsion systems and hence, are drawn by locomotives. The demand for wagons is continuously growing in countries such as the US, the UK, France, etc., due to increased industrial activities.Rolling stock refers to powered and unpowered vehicles that move on rails. It also includes wheeled vehicles used by businesses on roadways (such as trams) and other Light Rail Vehicles (LRVs). Moving passengers and freight by rail is far more cost-effective and efficient as compared with other means of transportation. Advancements in technologies such as turbochargers, power electronics, and semiconductors, coupled with significant reduction in vehicle weight, help improve the speed and comfort of transit systems.
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Connector body is most commonly used type of connector, from traditional industry-standard connectors to innovative new designs, because it has been the standard for a long time. The connector body is used widely in modular machine design, factory automation, robotics, transportation, and power generation. It offers various benefits, such as easy customisation with standard modules and space saving. Also called as Radio Frequency (RF) connector, it is an electrical connector designed to work at the radio frequencies in the multi-megahertz range. The connector body is typically used with coaxial cables and is designed to maintain the shielding that the coaxial design offers.
Europe is the primary revenue generating region in the railway connectors market. Most European vehicles are equipped with high-end technology that includes wireless radio connection, wireless data transmission, eco-friendly cars, and comfort features. However, adoption of high-end technology is lower in the East European countries as compared with the West European countries such as the UK, Germany, France, and Spain. This provides rolling stock OEMs an opportunity to increase their presence in Eastern Europe. France plans to increase the number of rail lines and tramway locomotives.
Major Players operating in market:TE Connectivity, Amphenol Corporation, Molex Incorporated, ITT, Smiths Interconnect, Fischer Connectors, Esterline Technologies.
Railway Connectors Market, By Type
Broad Level Connectors/Pcb Connectors
Power Connectors
Railway Connectors Market, By Application
Light Rails/Trams
Subways/Metros
Passenger Coaches
The study involved four major activities to estimate the current market size for railway connectors. Exhaustive secondary research was done to collect information on the market, peer markets, and the parent market. The next step was to validate these findings, assumptions, and market size with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and sub-segments.
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Table of Contents
Chapter One Railway Connectors Industry Overview
Chapter Two Railway Connectors Up and Down Stream Industry Analysis
Chapter Three Asia Railway Connectors Market Analysis
Chapter Four 2014-2019 Asia Railway Connectors Productions Supply Sales Demand Market Status and Forecast
Chapter Five Asia Railway Connectors Key Manufacturers Analysis
Chapter Six Asia Railway Connectors Industry Development Trend
Chapter Seven North American Railway Connectors Market Analysis
Chapter Eight 2014-2019 North American Railway Connectors Productions Supply Sales Demand Market Status and Forecast
Chapter Nine North American Railway Connectors Key Manufacturers Analysis
Chapter Ten North American Railway Connectors Industry Development Trend
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