Connector Market Size, Status and Global Outlook 2020 to 2026

The Connector Market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and new innovations.

The cable connector market is expected to register a CAGR of 5.94%, during the forecast period (2020 - 2025).

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Connector Market: Amphenol Corporation, Molex Inc. (Acquired by Koch Industries), Fujitsu Limited, TE Connectivity Limited,3M Company, Huawei Technologies Co. Ltd, among others.

Market Overview

According to ITU, the number of global fixed broadband subscriptions has increased by 9% annually in the last five years. In addition, the Broadband Commission predicts one billion subscribers worldwide by 2019, compared to 884 million in 2016. This increase in broadband connections will provide an opportunity for the growth of the cable connector market as installation of these connections require connectors.Adoption of wireless technologies, such as Wi-Fi, RF, and Bluetooth, will consume a considerable chunk of the cables and connectors, thus paving the way for this market to increase. Increasing penetration of technologies, such as the Internet of Things (IoT), is expected to aid the increase in demand for high-performance and secure data connectivity and transmission, which in turn, may increase the demand for cable connectors. According to the National Cable and Telecommunications Association, the number of connected devices is expected to reach 50.1 billion, by 2020.

Industry News:

March 5, 2020: Amphenol ICC is pleased to announce, it has worked with Hirose Electric and Harting Technology Group to release the ix Industrial(TM) series of connectors. IEC 61076-3-124 compliant and designed to meet the needs of next generation high speed ruggedized Industrial Ethernet requirements, the ix Industrial(TM) is ideal for use in equipment for Factory and Process Automation, Machine to Machine communication, Robotics, Sensors, Human Interface devices, and all devices requiring Ethernet IIoT connectivity in a highly automated Industrial environment.

March 21, 2019: New 3M(TM) Expanded Beam Ferrule and Connector System Revolutionizes Optical Interconnect for Next Generation Data Centers (instead of New 3M(TM) Expanded Beam Ferrule and Connector System Allows Data Center Engineers to Connect with Confidence). The new 3M(TM) Expanded Beam Optical Connector System is engineered as a high-performance, cost-effective and scalable single mode and multimode interconnect system for data center applications. A first-of-its-kind, the revolutionary expanded beam ferrule and connector system challenges the status quo of optical interconnect and is designed to enable the industry to meet next generation data center demands.

Scope of the Report

Cables and connectors are connectivity devices which are used for transmission of data, signal, and power supply for electronic devices across different industries. Cables are electrical conductors where each cable wire are insulated from one another. Some of the examples of cables include USB, IDE, and CAT5. Moreover, connectors are electro-mechanical devices used for joining electrical terminations. The connectors comprise of plugs and jacks. Connectors are also referred to as input-output connectors and form the interface for linking electronic devices with the help of cables.

Key Market Trends

Oil & Gas Sector to Aid the Growth of the Cable Connector Market
The energy and utility segment is expected to expand significantly, due to the increase in demand for electro-mechanical equipment in this industry.Cable connectors used in this industry to have a high-performance capability as most of the processes require efficient extraction of natural resources.Thus, the increasing demand for cable connectors, to achieve better control, monitoring, and instrumentation of processes in the oil and gas industry, is driving the use of cable connectors in this market.

Asia-Pacific is Expected to Execute a Significant Growth Rate
Asia-Pacific is expected to register a significant growth rate over the forecast period in the cable communicator market due to the increasing focus on energy management and technological advancements. Increasing data center services in Asia-Pacific, due to a large number of multinational and domestic enterprises turning toward Cloud Services Providers (CSPs) and colocation solutions, is increasing the need for cable connectors in this region.Major firms, such as Google, are also planning to open their data centers in China for their growing businesses, mainly, due to the low manufacturing and labor costs. Apart from China, other countries, such as Japan, are especially having their primary colocation markets in Tokyo, Osaka, and Nagoya and Indonesia, which are expected to stand as one of the leaders in data center services market, thus promoting the need for cable connectors market.

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Significant Features that are under Offering and Key Highlights of the Reports:
o Detailed overview of Connector Market
o Changing Connector market dynamics of the industry
o In-depth market segmentation by Type, Application etc.
o Historical, current and projected Connector market size in terms of volume and value
o Recent industry trends and developments
o Competitive landscape of Connector Market
o Strategies of key players and product offerings
o Potential and niche segments/regions exhibiting promising growth.

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