Press release
Rising Demand for Miniaturization Electronic Equipment Fuels Microminiature Connectors Market
The Global Microminiature Connector Market Size was valued at US$ 2.3 Bn in 2021 and the market is anticipated to expand by US$ 2.8 Bn by 2028, recording a CAGR of 4.1%.
For connection applications requiring lightweight, high-performance components that are compact and portable, microminiature connectors were developed. Several industrial applications that demand small dimensions employ microminiature connectors. The growth of the medical device industry is increasing the demand for microminiature circular connections globally.
๐ถ๏ธ๐ฎ๐๐ ๐ณ๐๐๐๐๐ ๐บ๐๐๐๐๐ ๐ช๐๐๐: https://www.extrapolate.com/sample/Semiconductor-Electronics/microminiature-connector/25659
The increasing demand for tiny connectors is one of the main factors propelling the global market for microminiature circular connectors. Government agencies in developing nations like India, China, and Brazil haven't done much to improve network infrastructure. These activities are raising the demand for high-speed data transmission cable connectors.
>Increasing Demand for Household and Commercial Applications to Boost Consumer Electronics Segment
Based on the end-user segment, the market for microminiature connectors is bifurcated into consumer electronics, aerospace & defense, automotive, IT & Telecommunications & others. On account of the escalating consumer and business application demand, the consumer electronics sector held the highest market share in 2020. The market for microminiature connectors is expanding due to the rise in smart devices and smart homes. Additionally, to secure data and gather information, IoT, artificial intelligence, machine learning, cloud computing, and other advanced technologies, the microminiature connectors are used which further drives the market expansion.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ข๐ญ๐ก ๐๐๐@ https://www.extrapolate.com/Semiconductor-Electronics/microminiature-connector/25659
Over the projected period, the aerospace and defense segment is expected to increase at a high rate. According to Airbus' Worldwide Market Forecast, global aviation traffic is expected to grow at a 4.4 percent annual rate over the next 20 years, necessitating the purchase of 37,400 additional aircraft for US$ 5.8 trillion.
>Rising Demand for Miniaturization Electronic Equipment Fuels Microminiature Connectors Market
Technological developments that fulfill the rising demand for small consumer devices are responsible for the increased need for tiny electrical components. The two industries that are likely to benefit the most from the downsizing of electronic equipment are automotive and consumer electronics. The microminiature connections offer multipurpose power as well as supply voltages for the components. In addition to the application's space requirements, costs are a significant factor in the development of the global microminiature connector market.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
-Omnetics Connector Corporation
-Berkshire Hathaway, Inc. (TTI, Inc.)
-AirBorn, Inc.
-Amphenol RF
-Smiths Connectors
-COAX Connectors
-Amphenol Corporation
>Recent Key Development
โ In March 2022, TE Connectivity has unveiled a cutting-edge new hybrid inline connector solution that simplifies supply chain complexity, minimizes the number of connections required, and improves production efficiency. Amphenol Positronic and TTI, Inc., a well-known specialized supplier of electronic components, have agreed to a global distribution deal. TTI will offer an extensive selection of top-notch, highly reliable connector solutions for extreme environments, military, and aerospace applications.
SEGMENTATION
>By Type
-Circular Connectors
-Strip Connectors
-D Connectors
>By End-Use
-Consumer Electronics
-Aerospace & Defense
-Automotive
-IT & Telecommunications
North America to Continue its Dominance Due to Rising Demand for Connectors
North America is anticipated to dominate the global microminiature connector market due to the rising necessity of connectors for communications, consumer electronics, and computer gadgets. Furthermore, the region is experiencing a tremendous boom in the aviation sector, which has led to a demand for microminiature connectors. The growth of this region can be attributed to increased air passenger traffic, worries about flight safety, and lower maintenance costs.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ@ https://www.extrapolate.com/enquire/Semiconductor-Electronics/microminiature-connector/25659
Additionally, the region has a high population and is experiencing an increase in digitization, which is driving the demand for microminiature connections. Yet during the projected period, Asia-Pacific is anticipated to become the region with the quickest growth. The development of the global microminiature connectors market is being fueled by the presence of significant key players and cutting-edge technology.
๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐๐:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On Microminiature Connector Market
Chapter 5. Global Microminiature Connector Market Overview, By Type, 2015 - 2028(USD Million)
Chapter 6. Global Microminiature Connector Market Overview, By End-Use, 2015 - 2028(USD Million)
Chapter 7. Global Microminiature Connector Market Overview, By Geography, 2015 - 2028(USD Million)
Chapter 8. North America Microminiature Connector Market Overview, By Countries, 2015 - 2028(USD Million)
Chapter 9. Europe Microminiature Connector Market Overview, By Countries, 2015 - 2028(USD Million)
Chapter 10. Asia Pacific Microminiature Connector Market Overview, By Countries, 2015 - 2028 (USD Million)
..Continued
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
Extrapolate
Phone: (+1) 888 328 2189
E-mail: talk@extrapolate.com
Website: https://www.extrapolate.com
Blog: https://www.extrapolate.com/blog
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
Extrapolate bridges the gaps in information with the latest reports published across industries and geographies, covering minute details to put the power of decision-making in your hands. Our focus is to help our partners grow with the power of Insight.
In a connected world, merely being informed is not enough, the speed of information dissemination is a crucial determinant of success. Our team of dedicated subject matter experts and research specialists deep dive into the most complex markets and produce insights that will help shape the way your business moves forward. Our research process harnesses the latest in technology and the best SMEs to build relevant reports that can future-proof your business.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Rising Demand for Miniaturization Electronic Equipment Fuels Microminiature Connectors Market here
News-ID: 2990845 • Views: โฆ
More Releases from Extrapolate
ChatGPT: Your Secret Weapon for Dominating Search Rankings through AI-powered Co โฆ
The ability to do efficient keyword research and content optimization is now essential for anyone looking to succeed online in the information-driven digital age. But fear not; ChatGPT is a formidable friend at our disposal. The way we approach keyword research and content creation is about to change due to this amazing language model that OpenAI created.
Let's look into how to use ChatGPT to improve content optimization tactics, andโฆ
Lead Acid Battery Market Size is Set to Fly High Growth in Years to Come | Leoch โฆ
Market Overview
Lead-acid batteries are the oldest type of rechargeable battery and are commonly used in a variety of applications, including automobiles, boats, uninterruptible power supplies (UPS), and backup power for telecommunications and computer systems.
These batteries consist of lead plates submerged in an electrolyte solution of sulfuric acid and water. During charging, electrical energy is converted into chemical energy, which is stored in the battery as lead sulfate. When the batteryโฆ
Onshore Wind Energy Market Size Focus on Emerging Technologies, Top Countries Da โฆ
Market Overview
The Global Onshore Wind Energy Market Size was estimated at USD 554909.73 million in 2021 and is projected to reach USD 2356796.43 million by 2028, exhibiting a CAGR of 22.95% during the forecast period.
Onshore wind energy is a form of renewable energy that involves generating electricity by harnessing the power of wind on land. This is typically done using wind turbines, which convert the kinetic energy of the windโฆ
Vegetable Seeds Market is expected to witness a substantial growth of around USD โฆ
The global Vegetable seeds market size was valued at approximately USD 8.72 billion in 2022 and is expected to witness a substantial growth of around USD 16.38 billion by 2032 at a CAGR of approximately 6.51% during the period from 2023 to 2032.The vegetable seeds market refers to the global trade of seeds used for growing different types of vegetables, including but not limited to tomatoes, onions, cucumbers, carrots, andโฆ
More Releases for Connector
Mobile Phone Connector Market 2022 Forecast 2029 By UJU, Electric Connector Tech โฆ
Global Mobile Phone Connector Market Size
The Global Mobile Phone Connector Market covers express data concerning the development rate, market estimates, limitations, future primarily based demand and revenue throughout the forecast period. The worldwide Mobile Phone Connector Market consists of knowledge accumulated from varied primary and secondary sources. The Mobile Phone Connector market data has been verified and valid by the business analysts, therefore providing important insights to the researchers, analysts,โฆ
Telecom Connector and Datacom Connector Market Size, Share, Development by 2024
New report published by Global Info Research which offers insights on the Global Telecom Connector and Datacom Connector market.
Click to view the full report TOC, figure and tables:
https://www.globalinforesearch.com/global-telecom-connector-and-datacom-connector-market_p105446.html
Global Telecom Connector and Datacom Connector Market: Forecast by Type / Application / Region
The worldwide market for Telecom Connector and Datacom Connector is expected to grow at a CAGR of roughly x% over the next five years, will reach x million US$โฆ
Automotive and Transportation Connector Market Report 2018: Segmentation by Prod โฆ
Global Automotive and Transportation Connector market research report provides company profile for JAE, KET, JST, Rosenberger, LUXSHARE, AVIC Jonhon, TE Connectivity, Yazaki, Delphi Automotive, Amphenol, Molex, Sumitomo and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 toโฆ
Connector Market Is Thriving Worldwide
An extensive analysis of the China Connector market strategy of the leading companies in the precision of import/export consumption, supply and demand figures, cost, price, revenue and gross margins. The report starts by an introduction about the company profiling and a comprehensive review about the strategy concept and the tools that can be used to assess and analyze strategy. It also analyzes the companyโs strategy in the light of Porterโsโฆ
Global Telecom Connector and Datacom Connector Market 2017 Key Players - 3M, Amp โฆ
The report on the Telecom Connector and Datacom Connector market produces the overall analysis through various types and gives in-depth interpretation of the properties, and some other details.
The report segments market into different aspects such as applications and industrial-use. It also describes sub segments of the Global market.
The report analysis covers Telecom Connector and Datacom Connector in the Global market, including Europe, South Africa, North America, Asia-Pacific, Middle Eastโฆ
Asia-Pacific Connector Market 2017
The role of the connector is very simple: in the circuit was blocked or isolated between the circuit, erected a bridge of communication, so that the current flow, the circuit to achieve the intended function. Connector is an indispensable part of electronic equipment, along the current flow through the path of observation, you will always find one or more connectors.
Download Sample Report @ https://marketreportscenter.com/request-sample/513774
Scope of the Report:
This report focusesโฆ
