Press release
Global Board-to-Board Connectors Market Poised to Surge from USD 11.08 Billion in 2023 to USD 17.80 Billion by 2032, Fueled by Rising Smartphone Penetration and Miniaturization of Electronic Devices
The global Board-to-Board Connectors market is set to experience significant growth in the coming years, according to a recent report published by Dataintelo. The market was valued at USD 11.08 Billion in 2023, and is projected to skyrocket to an impressive USD 17.80 Billion by 2032. This represents a Compound Annual Growth Rate (CAGR) of 5.41% from 2024 to 2032. The growth of this market can be largely attributed to the ever-increasing penetration of smartphones and a noticeable trend towards the miniaturization of electronic devices.The rise in the miniaturization of electronic devices is expected to drive the demand for board-to-board connectors. The complexities that come with miniaturization often lead to an increase in device functionality, packing more features into a smaller space. To meet these challenges, intricate connections between various components become necessary, and this is where board-to-board connectors step in. They provide the required connections, spurring their increased demand. As the trend of miniaturization of electronic devices continues to influence technology advancements, it is likely to continue fuelling the growth of the board-to-board connectors market
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/162311
๐๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐จ๐ฌ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ ๐๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
The ๐๐จ๐๐ซ๐-๐ญ๐จ-๐๐จ๐๐ซ๐ ๐๐จ๐ง๐ง๐๐๐ญ๐จ๐ซ๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ has been segmented on the basis of๐๐ฒ๐ฉ๐
โ Pin Header
โ Socket
๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ
โ Less than 1MM
โ 1MM to 2MM
โ Greater than 2 MM
๐๐ง๐-๐ฎ๐ฌ๐๐ซ
โ Automotive
โ Consumer Electronics
โ Healthcare
โ IT & Telecommunication
โ Transportation
โ Others
๐๐๐ ๐ข๐จ๐ง
โ Asia Pacific
โ North America
โ Latin America
โ Europe
โ Middle East & Africa
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
โ 3M
โ Advanced Interconnect
โ AirBorn, Inc.
โ Amphenol ICC
โ CSCONN Precise Electronics Co., Ltd
โ ERNI Deutschland GmbH
โ Foxconn
โ FUJITSU
โ HARTING Technology Group
โ Harwin
โ Hirose
โ ๐๐ง๐ญ๐๐ซ๐ฉ๐ฅ๐๐ฑ ๐๐จ๐ฅ๐๐ข๐ง๐ ๐ฌ ๐๐ญ๐. ๐๐ญ๐.
โ Japan Aviation Electronics Industry, Ltd.
โ JST
โ ๐๐๐๐๐๐๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง
โ Molex, LLC
โ OMRON Corporation
โ Panasonic Electric Works Europe AG
โ Samtec
โ TE Connectivity
โ YAMAICHI
The segmentation analysis of the board-to-board connectors market sheds light on the market scenario in respect to various factors. The market is categorized by type into two segments, Pin Header and Socket. The pin header segment has seen a substantial rise, mainly due to its widespread applications in industries like aviation, automotive, and telecommunications. This type of connector offers efficient mechanical support and electrical connections between two printed circuit boards, which drives its demand. On the other hand, the socket segment is also gaining traction due to its simplistic design and easy connectivity.
The component segment further showcases three sub-segments including less than 1mm, 1mm to 2mm, and greater than 2mm. Operators in industries like healthcare and consumer electronics predominantly use components of size less than 1mm as these micro-connectors provide high speed and reliability. Components ranging from 1mm to 2mm hold a significant share in the automotive and telecommunications market due to their wide applications in communication devices, power supplies, and electronic control units. The segment greater than 2mm is also gradually finding relevance in sectors like transportation and automotive due to its robust design and suitability for harsh environments.
The regional analysis of the board-to-board connectors market aligns various regions like Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The Asia Pacific region holds a dominant market position. The trend stems from the surging demand for consumer electronics and the presence of numerous manufacturing industries in the region like Foxconn and JST. North America, facilitated by high-end technologies, follows the lead due to the extensive usage of these connectors in healthcare and telecommunication sectors. The regional markets, such as Europe, Latin America, and the Middle East & Africa, are also steadily gaining momentum in the board-to-board connectors market, driven by constant technological advancements and fast-paced digitalization that augments the requirement for effective connectors
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/162311
Market Drivers for Board-to-Board Connectors Market:
1. Growing Need for Miniaturization: With the rising demand for portable and compact devices, there is a need for miniaturization of components. This is increasing the demand for board-to-board connectors as they reduce the size of the device while ensuring efficient performance.
2. Increased Demand from IT and Telecom Sector: With technological advancements and digitalization, there is an increased need for connectivity in IT and telecom sectors. Board-to-board connectors play a crucial role in ensuring smooth data and signal transmissions in these industries.
3. Advancements in Automotive Electronics: The expansion of improved and sophisticated electronics in vehicles, including advanced driver assistance systems (ADAS), demand various types of board-to-board connectors.
4. Adoption of Smart Home and IoT Devices: With smart devices and IoT becoming mainstream, the need for efficient power and data transmission has increased. The complex nature of these devices has necessitated the usage of board-to-board connectors.
Market Opportunities for Board-to-Board Connectors Market:
1. Expansion of 5G Technology: With the expansion of 5G technology, there would be a further increase in demand for connectors which can handle high-speed data transmission.
2. Increasing Demand in Medical Devices: Medical devices are increasingly becoming more high-tech and digitalized. This trend towards digital health and home healthcare solutions presents a significant market opportunity for board-to-board connectors.
3. Demand from Industrial Automation: As industrial automation and Industry 4.0 practices continue to spread, there is a growing demand for reliable, efficient connectors to ensure smooth operations.
4. Emerging Markets: Developing regions like Asia-Pacific, Latin America, and the Middle-East, are witnessing a surge in infrastructure development and digitalization efforts, which is expected to boost the demand for board-to-board connectors.
5. Growth in Aerospace and Defense: The growth in the aerospace and defense industry, where modern electronics play a pivotal role, also presents a significant opportunity for growth in the board-to-board connectors market
๐๐จ๐ฎ ๐๐๐ง ๐๐ข๐ซ๐๐๐ญ๐ฅ๐ฒ ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/162311
This report should be purchased by businesses, researchers, data analysts, marketers, and investors who are seeking valuable insights, current trends, and comprehensive analysis from various industries, sectors and markets.
Dataintelo is an excellent source for market research reports because of several reasons:
1. In-depth Data Analysis: Dataintelo does a deep dive into the data to provide detailed, actionable insights. They collect, refine, validate, and analyze the data to present a comprehensive view of the market.
2. Accuracy: Their reports are known for their accuracy and reliability. They ensure the quality of the data and remove any discrepancies or errors.
3. Updated Information: The reports are constantly being updated to include the most recent market trends, data, and information. This ensures that the clients always have the most current data to base their decisions on.
4. Expert Team: Dataintelo's team comprises of experienced and qualified professionals who have deep knowledge and understanding of various industries. Their expertise allows them to dig deeper into the facts and get useful insights.
5. Customization: They offer customization of reports to meet the specific requirements of the clients. This allows for a more flexible and focused approach to market research.
6. Competitive Pricing: Dataintelo's reports are competitively priced, making them affordable for businesses of all sizes.
7. Excellent Customer Support: They have a dedicated support team who are always ready to assist the clients in any way possible, making the entire process smoother and easier.
8. Confidentiality: Dataintelo ensures the confidentiality of their clients' data and does not disclose it without permission.
9. Wide Range of Industries: Dataintelo covers a wide range of industries including Healthcare, IT & Telecom, BFSI, Manufacturing, Energy & Power, Consumer Goods, etc. Thus, it caters to diverse business needs across various sectors
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Dataintelo
Name - Alex Mathews
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Email - sales@dataintelo.com
Website - https://dataintelo.com
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๐๐ฆ๐๐ข๐ฅ ๐ฎ๐ฌ ๐จ๐ง - ๐ฌ๐๐ฅ๐๐ฌ@๐๐๐ญ๐๐ข๐ง๐ญ๐๐ฅ๐จ.๐๐จ๐ฆ
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