Press release
European Cable Connector Market Valued at $19.36 Billion in 2023, Projected to Reach $31.49 Billion by 2030 with a 7.2% CAGR
European Cable Connector Market
European Cable Connector Market size was valued at US$ 19.36 Billion in 2023 and the total European Cable Connector revenue is expected to grow at 7.2% through 2024 to 2030, reaching nearly US$ 31.49 Billion.
European Cable Connector Market Overview:
In the European region, the German cable connector market is growing the fastest as compared to other EU countries. The European cable connector industry was resilient even in the face of the COVID-19 pandemic. The demand for cable connectors is especially high in prominent EU countries like Germany and France. The continuous mergers and acquisitions of connector supplier companies in the EU are also one of the major contributors to the EU cable connector market growth in the forecast period (2024-30). The challenges imposed by the pandemic also forced companies to change their strategies.
๐๐ง๐ฅ๐จ๐๐ค ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐๐ฎ๐ซ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/European-Cable-Connector-Market/102
What are European Cable Connector Market Dynamics?
One of the major drivers in the European cable connector market is the constant mergers and acquisitions of different connector supplier companies in the region. For Example, TE connectivity acquired DRI Realys Inc in March 2020. TE connectivity also acquired First Sensor company (a key player in the sensor technologies) in the same month.
A major restraint in the European cable connector market is the intense competition among major key players to dominate the regional market. This competition is responsible for the price fluctuation of individual products which drives the consumers away from the market.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ + ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐๐ซ๐:https://www.stellarmr.com/report/req_sample/European-Cable-Connector-Market/102
What is European Cable Connector Market Regional Insight?
Germany held the highest share in the European cable connector market in 2023. The country's growth in the same is expected to be the highest in the forecast period (2024-30) with an 8.3% CAGR. The IT and Telecom sector directly influences the cable connector market due to the high demand for signal and control cables in the telecom industry. The top players in the European telecom industry (country-wise) are Germany, France, Denmark, Finland, Cyprus, the Czech Republic, and Estonia.
What is European Cable Connector Market Segmentation?
By Product
Coaxial Cable/Electronic Wire
Fiber Optics Cable
Power Cable
Signal and Control Cable
Telecom and Data Cable
By Type
PCB Connectors
Circular/Rectangular Connectors
Fiber Optic Connectors
IO Connectors
By Vertical
IT & Telecommunication
Automotive
Aerospace & defense
Consumer Electronics
Industrial and Manufacturing
Energy & Power
Oil & Gas
Country Scope
UK
France
Germany
Italy
Spain
Sweden
Austria
๐ ๐๐๐ ๐๐๐ญ ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! https://www.stellarmr.com/report/req_sample/European-Cable-Connector-Market/102
Some of the current players in the European Cable Connector Market are:
Leoni AG
HARTING Technology Group
Axon Cable SAS
Aptiv PLC
Huber+Suhner AG
Nexans S.A
PRYSMIAN S.P.A.
Key Offerings:
Past Market Size and Competitive Landscape
European Cable Connector Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
European Cable Connector Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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Contact Stellar Market Research:
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sales@stellarmr.com
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About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company's vision is to be an integral part of the client's business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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