Press release
Board-to-Board Connectors Market Poised for Robust Growth, Projected to Reach US$ 20.5 Billion by 2034
Board-To-Board Connectors Market
The board-to-board connectors market has been expanding steadily, spurred by the rising demand for consumer electronics and continuous technological innovations. These connectors are crucial for various industries, including automotive, healthcare, IT & telecommunications, enabling compact and efficient connections between different circuit boards.
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The growth in sectors such as automotive, consumer electronics, healthcare, and IT & telecommunications is significantly contributing to the market's progress. Leading players in the industry are heavily investing in research and development to create compact, lightweight, and durable connectors suitable for harsh and confined environments, particularly in aerospace and aviation applications. These companies are introducing high-performance board-to-board connector solutions tailored to meet the diverse needs of various industries.
Board-to-Board Connectors Market Overview
Board-to-board (BTB) connectors are essential components used to precisely interconnect printed circuit boards (PCBs) in a stackable manner. These connectors can handle various PCB orientations, relative distances, and space constraints, allowing for design flexibility. Available in different materials, plating finishes, and pitches, these connectors meet specific electrical and mechanical specifications. They come in high-speed, floating, or power varieties, depending on the intended use.
BTB connectors are widely used in notebook computers, mobile devices, and information and communication devices. Other prominent applications include communication equipment, medical devices, computer equipment, consumer devices, and instrumentation.
Market Drivers
Surge in Demand for Consumer Electronics
The demand for consumer electronics is a significant driver for the board-to-board connectors market. These connectors play a crucial role in integrating multiple PCBs within confined spaces, ensuring reliable electrical and mechanical connections while optimizing space utilization in devices. This makes them essential in smartphones, wearable devices, and other electronic gadgets.
The increasing demand for smaller form factors and enhanced connectivity capabilities in consumer electronics is creating substantial opportunities for companies in the board-to-board connectors market. The rising popularity of high-performance and compact electronic devices, such as tablets, smartphones, and wearable gadgets, is further boosting the demand for these connectors.
Technological Advancements in Connectors
Manufacturers are continually developing connectors with smaller footprints, enhanced durability, and improved electrical characteristics to meet the evolving needs of miniaturized devices. These innovations cater to current requirements and anticipate future trends in connectivity and performance.
For instance, Molex, a leading company in the electronics sector, introduced quad-row board-to-board connectors featuring a staggered-circuit layout that offers 30% space savings over conventional designs. This innovation allows developers and manufacturers to create more compact form factors, highlighting Molex's commitment to advancing PCB-to-PCB connectors for the evolving electronics market.
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Regional Outlook
Asia Pacific dominated the global board-to-board connectors market (基板対基板コネクタ市場) in 2023, driven by the increasing penetration of smartphones and 5G networks, especially in developing countries like India and China. The presence of prominent manufacturers and the growing demand for smart consumer electronics, medical devices, aerospace & defense, energy & power, and telecommunications sectors are fueling market expansion in the region.
The rise in vehicle production, advancements in automotive electronics, and increased investment in telecommunications infrastructure are further contributing to the market's development in Asia Pacific.
Key Players and Developments
Companies in the global board-to-board connectors market are focusing on advanced technologies to provide superior mechanical and signal integrity performance across various products. Leading players are engaged in comprehensive technology development processes to achieve product innovation and create added value for their businesses. They are consistently developing new products with superior design and performance to meet the demands of various industries.
Prominent players in the market include Amphenol Communications Solutions, CSCONN Corporation, FIT Hon Teng Limited, GCT, Greenconn Corporation, Harting Technology Group, HIROSE ELECTRIC CO., LTD., IRISO Electronics Co., Ltd., Kyocera Corporation, Molex, LLC, Omron Corporation, Panasonic Corporation, Phoenix Contact, Samtec, TE Connectivity, and Würth Elektronik Group.
Notable Developments
• In February 2024, Kyocera Corporation launched its new 5814 series of 0.3mm pitch board-to-board connectors, contributing to the miniaturization and expansion of device functionality with their compact size.
• In March 2023, Hirose Electric introduced the IT14 Series, a hermaphroditic board-to-board connector supporting up to 112Gbps PAM4 transmission speed. The IT14 Series, developed in collaboration with Molex, is aimed at applications such as servers, data communications, and telecommunications equipment.
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