A Comprehensive Study Exploring Connector Market | Key Players 3M, ABB Ltd., AMETEK, Amphenol Corporation, Aptiv PLC, Huawei Technologies

According to a new report published by Report Ocean, titled, Connector Market By Product Type, and End User: Opportunity Analysis and Industry Forecast, 2020–2027, the global connector market size was valued at $64.17 billion in 2019, and is projected to reach $98.12 billion by 2027, registering a CAGR of 6.7%. The Asia-Pacific region is expected to be the leading contributor to the global connector market during the forecast period, followed by LAMEA and Europe.

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The key players profiled in the report include 3M, ABB Ltd., AMETEK, Amphenol Corporation, Aptiv PLC, Huawei Technologies Co. Ltd., Japan Aviation Electronics Industry Ltd., Nexans, Prysmian S.P.A., and TE Connectivity Ltd. These players have adopted various strategies such as product launch, acquisition, partnership, and expansion to expand their foothold in the industry.

An electrical connector is an electromechanical gadget used for joining circuits. It consists of jacks (female end) and plugs (male end). The established connection may be permanent joint between devices or act as temporary, for portable gears. An adapter can be used to efficiently bring together different connectors. These connectors significantly reduce effort, time, and manpower needed for assembling, manufacturing, and installing devices, their components as well as wiring.

There are various types on connectors available in market: PCB Connectors, I/O Connectors, circular connectors, fiber optic connectors, and RF coaxial connectors among others. Also, connectors such as bnc connector, xlr connector, and wire connectors like standard & high temp screw-on electrical wire connectors, screw-on wire connectors, wing wire connectors, and push-in wire connectors, are widely used in various applications. The bnc connector is used for signal connections such as: radio antennas, nuclear instrumentation, analog & serial digital interface video signals, among others. However, xlr connector is used to connect xlr cable which is primarily found on professional audio, video, and stage lighting equipment’s.

The global connector market is anticipated to witness significant growth during the forecast period. Factors such as rapid urbanization along with rise in demand for consumer electronic devices, high usage of automation technology across various sectors including industrial, defense, and automotive segment drive the growth of the global market.

In addition, the automotive segment is fueled by adoption of advanced safety features & the increasing number of electronic components in vehicles, and rise in the number of autonomous vehicles globally. However, volatility in the raw material prices such as copper, is a major restraint to global connector industry. In addition, surge in demand from telecom and automotive sector owing to emerging 5G, and IoT technology is expected to create opportunities for the global market.

Moreover, developing nations tend to witness high penetration of connector market products, especially in the consumer electronic and telecommunication segment. Factors such as high demand for high-speed connectors, and surge in digitalization worldwide owing to COVID-19 pandemic contribute toward the connector market growth in the coming years.

The global connector market is segmented into product type, end user, and region. By product type, the market is divided into PCB Connectors, I/O connectors, circular connectors, fiber optic connectors, RF coaxial connectors, and others. By end user, the market is segregated into consumer electronics, telecom, automotive, energy & power, aerospace & defense, and others.

Region wise, the connector market trends have been analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific contributed maximum revenue in 2019. Also, between 2019 and 2027, the market in Asia-Pacific is expected to grow at a faster rate as compared to other regions. This is attributed to increase in demand from the emerging economical countries such as China, India, South Korea, Japan, among others.

COVID-19 Impact Analysis

The arrival of COVID-19 has significantly affected the electronic and semiconductor sector. Business and manufacturing units across various countries were closed, owing to increase in number of COVID-19 cases, and are estimated to remain closed in 2021. Furthermore, partial or complete lockdown has disrupted global supply chain posing challenges for manufactures to reach customers. The overall production process is being adversely affected, but owing to increase in demand from automotive, consumer electronics, and telecom sector, boost the growth of the market globally.

Key Findings of the Study

The telecom segment is projected to be the major application during the forecast period followed by automotive. The growing electronic vehicle, 5G and IoT technology is anticipated to drive the market growth in the future.
The Asia-Pacific and North America collectively accounted for more than 65% of the connector market share in 2019.
Asia-Pacific is anticipated to witness highest growth rate during the forecast period.
U.S. was the major shareholder in the North America connector market analysis, accounting for approximately 72.61% share in 2019.

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Table of Content

CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings
2.1.1.Top impacting factors
2.1.2.Top investment pockets
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Porter's five forces analysis
3.3.Patent analysis
3.3.1.Connectors patent analysis, by region (2012-2021)
3.3.2.Connectors patent analysis, by applicant
3.4.Market dynamics
3.4.1.Drivers
3.4.1.1.Surge in demand for high-speed connectors
3.4.1.2.Growing demand in Automotive sector
3.4.1.3.Rise in investment in defense & submarine cables by various organizations
3.4.2.Restraint
3.4.2.1.Complex fault detection and removal process of errors
3.4.3.Opportunities
3.4.3.1.Surge in number of data centers
3.5.COVID-19 impact analysis
3.5.1.COVID-19 outbreak
3.5.2.Impact on market size
3.5.3.End user trends, preferences, and budget impact
3.5.4.Parent industry impact
3.5.5.Key player strategies to tackle negative impact
3.5.5.1.Limiting cuts to R&D expense
3.5.5.2.Focusing on next-generation products
3.5.5.3.Shifting toward agile supply chain model
3.5.6.Opportunity window

CHAPTER 4:CONNECTOR MARKET, BY PRODUCT TYPE
4.1.Overview
4.2.PCB Connectors
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country
4.3.I/O Connectors
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country
4.4.Circular Connectors
4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country
4.5.Fiber Optic Connectors
4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis, by country
4.6.RF Coaxial Connectors
4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast, by region
4.6.3.Market analysis, by country
4.7.Others
4.7.1.Key market trends, growth factors, and opportunities
4.7.2.Market size and forecast, by region
4.7.3.Market analysis, by country

CHAPTER 5:CONNECTOR MARKET, BY END USER
5.1.Overview
5.2.Consumer Electronics
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country
5.3.Telecom
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country
5.4.Automotive
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country
5.5.Energy & Power
5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis, by country
5.6.Aerospace & Defense
5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market analysis, by country
5.7.Others
5.7.1.Key market trends, growth factors, and opportunities
5.7.2.Market size and forecast, by region
5.7.3.Market analysis, by country

CHAPTER 6:CONNECTOR MARKET, BY REGION
6.1.Overview
6.2.North America
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by Product type
6.2.4.Market size and forecast, by end use
6.2.5.Market analysis, by country
6.2.5.1.U.S.
6.2.5.1.1.Market size and forecast, by Product type
6.2.5.1.3.Market size and forecast, by end use
6.2.5.2.Canada
6.2.5.2.1.Market size and forecast, by Product type
6.2.5.2.3.Market size and forecast, by end use
6.2.5.3.Mexico
6.2.5.3.2.Market size and forecast, by Product type
6.2.5.3.4.Market size and forecast, by end use
6.3.Europe
6.3.1.Key market trends, growth factors, and opportunities
6.3.3.Market size and forecast, by Product type
6.3.5.Market size and forecast, by end use
6.3.6.Market analysis, by country
6.3.6.1.UK
6.3.6.1.1.Market size and forecast, by Product type
6.3.6.1.3.Market size and forecast, by end use
6.3.6.2.Germany
6.3.6.2.2.Market size and forecast, by Product type
6.3.6.2.4.Market size and forecast, by end use
6.3.6.3.France
6.3.6.3.2.Market size and forecast, by Product type
6.3.6.3.4.Market size and forecast, by end use
6.3.6.4.Italy
6.3.6.4.2.Market size and forecast, by Product type
6.3.6.4.4.Market size and forecast, by end use
6.3.6.5.Rest of Europe
6.3.6.5.2.Market size and forecast, by Product type
6.3.6.5.4.Market size and forecast, by end use
6.4.Asia-Pacific
6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by Product type
6.4.4.Market size and forecast, by end use
6.4.5.Market analysis, by country
6.4.5.1.China
6.4.5.1.1.Market size and forecast, by Product type
6.4.5.1.3.Market size and forecast, by end use
6.4.5.2.Japan
6.4.5.2.1.Market size and forecast, by Product type
6.4.5.2.3.Market size and forecast, by end use
6.4.5.3.India
6.4.5.3.1.Market size and forecast, by Product type
6.4.5.3.3.Market size and forecast, by end use
6.4.5.4.Australia
6.4.5.4.1.Market size and forecast, by Product type
6.4.5.4.3.Market size and forecast, by end use
6.4.5.5.Rest of Asia-Pacific
6.4.5.5.1.Market size and forecast, by Product type
6.4.5.5.3.Market size and forecast, by end use
6.5.LAMEA
6.5.1.Key market trends, growth factors, and opportunities
6.5.3.Market size and forecast, by Product type
6.5.5.Market size and forecast, by end use
6.5.6.Market analysis, by country
6.5.6.1.Latin America
6.5.6.1.2.Market size and forecast, by Product type
6.5.6.1.4.Market size and forecast, by end use
6.5.6.2.Middle East
6.5.6.2.1.Market size and forecast, by Product type
6.5.6.2.3.Market size and forecast, by end use
6.5.6.3.Africa
6.5.6.3.2.Market size and forecast, by Product type
6.5.6.3.4.Market size and forecast, by end use

CHAPTER 7:COMPETITIVE LANDSCAPE
7.1.Introduction
7.1.1.Market Player Positioning, 2019
7.2.Product Mapping of Top 10 Player
7.3.Competitive Dashboard
7.4.Competitive Heatmap
7.5.Key Developments
7.5.1.New Product Launches
7.5.2.Acquisitions
7.5.3.Expansion
7.5.4.Partnership

CHAPTER 8:COMPANY PROFILES
8.1.3M
8.1.1.Company overview
8.1.2.Key Executives
8.1.3.Company snapshot
8.1.4.Operating business segments
8.1.5.Product portfolio
8.1.6.R&D Expenditure
8.1.7.Business performance
8.1.8.Key strategic moves and developments
8.2.ABB Ltd.
8.2.1.Company overview
8.2.2.Key Executives
8.2.3.Company snapshot
8.2.4.Operating business segments
8.2.5.Product portfolio
8.2.6.R&D Expenditure
8.2.7.Business performance
8.2.8.Key strategic moves and developments
8.3.Ametek Inc
8.3.1.Company overview
8.3.2.Key Executives
8.3.3.Company snapshot
8.3.4.Operating business segments
8.3.5.Product portfolio
8.3.6.R&D Expenditure
8.3.7.Business performance
8.3.8.Key strategic moves and developments
8.4.AMPHENOL CORPORATION
8.4.1.Company overview
8.4.2.Key Executives
8.4.3.Company snapshot
8.4.4.Operating business segments
8.4.5.Product portfolio
8.4.6.R&D Expenditure
8.4.7.Business performance
8.4.8.Key strategic moves and developments
8.5.Aptiv PLC
8.5.1.Company overview
8.5.2.Key Executives
8.5.3.Company snapshot
8.5.4.Operating business segments
8.5.5.Product portfolio
8.5.6.R&D Expenditure
8.5.7.Business performance
8.5.8.Key strategic moves and developments
8.6.HUAWEI TECHNOLOGIES CO. LTD
8.6.1.Company overview
8.6.2.Key Executives
8.6.3.Company snapshot
8.6.4.Operating business segments
8.6.5.Product portfolio
8.6.6.R&D Expenditure
8.6.7.Business performance
8.6.8.Key strategic moves and developments
8.7.Japan Aviation Electronics Industry Ltd.
8.7.1.Company overview
8.7.2.Key Executives
8.7.3.Company snapshot
8.7.4.Operating business segments
8.7.5.Product portfolio
8.7.6.R&D Expenditure
8.7.7.Business performance
8.7.8.Key strategic moves and developments
8.8.NEXANS
8.8.1.Company overview
8.8.2.Key Executives
8.8.3.Company snapshot
8.8.4.Operating business segments
8.8.5.Product portfolio
8.8.6.Business performance
8.8.7.Key strategic moves and developments
8.9.PRYSMIAN S.P.A.
8.9.1.Company overview
8.9.2.Key Executives
8.9.3.Company snapshot
8.9.4.Operating business segments
8.9.5.Product portfolio
8.9.6.Business performance
8.9.7.Key strategic moves and developments
8.10.TE CONNECTIVITY LIMITED
8.10.1.Company overview
8.10.2.Key Executives
8.10.3.Company snapshot
8.10.4.Operating business segments
8.10.5.Product portfolio
8.10.6.R&D Expenditure
8.10.7.Business performance
8.10.8.Key strategic moves and developments

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