Automotive Sector's Expansion Boosts Connector Market Prospects: Strategic Insights Driving Connector Market Momentum in 2025

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

How Large Will the Connector Market Size By 2025?
The size of the connector market has seen significant growth in the past few years. It is projected to increase from a valuation of $86.07 billion in 2024 to about $90.87 billion in 2025, marking a compound annual growth rate (CAGR) of 5.6%. Factors such as the swift growth of telecommunications, the computing revolution, the advent of high-speed data transmission, incorporation of automotive electronics, and the surge in consumer electronics have contributed to the growth of this market during the historic period.

How Big Is the Connector Market Size Expected to Grow by 2029?
The connector industry is projected to experience robust growth in the forthcoming years, with its value estimated to reach $112.27 billion by 2029 with a CAGR of 5.4%. This anticipated surge within the forecast period is largely due to factors such as the integration of 5G technology, the evolution of electric vehicles including their charging infrastructure, the proliferation of the Internet of Things, and the integration of artificial intelligence and machine learning with edge computing. Additionally, the forecasted period will likely see trends such as the miniaturization and high-density connectors, rapid data transmission, the emergence of Industry 4.0 and IoT, a heightened emphasis on reliability and durability, and significant advancements in materials and sustainability techniques.

View the full report here:
https://www.thebusinessresearchcompany.com/report/connector-global-market-report

Which Key Market Drivers Powering Connector Market Expansion and Growth?
The expansion of the auto industry is set to bolster the connector market's growth. The auto industry encompasses the conceptualization, creation, production, promotion, selling, servicing, and alteration of various motor vehicles, like passenger cars, light trucks, and commercial vehicles. These vehicles employ connectors in their electrical setups to facilitate the flow of power and signals among different components. This, in turn, ensures trustworthy and tight-fitting connections, thus improving the overall performance and safety aspects of the vehicle's electrical system. Take, for instance, in June 2023, the Society of Motor Manufacturers and Traders (SMMT), a trade federation based in the UK, shared reports showing a marked increase of 25.8% in the sales of passenger cars in the UK, from 140,958 units in 2022 to 177,266 units in 2023. Consequently, the booming auto industry is positively affecting the connector market's growth.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13826&type=smp

What Are the Key Trends Driving Connector Market Growth?
Prominent businesses in the connector market are honing their emphasis on designing inventive solutions featuring cutting-edge technologies like high-voltage connector backshells, to achieve a competitive advantage. High-voltage connector backshells function as protective casings connected to the rear of high-voltage connectors. For example, in July 2023, a leading automation company based in Switzerland, ABB Ltd., rolled out the Harnessflex EVO Connector Interfaces intended for heavy-duty electric vehicles (EV). These connector interfaces bolster cable-to-connector stability in high-voltage scenarios, safeguard essential wiring, and enhance performance and dependability in high-voltage usage. The distinctive orange shade of the Harnessflex EVO Connector Interfaces symbolizes superior cable-to-connector strain relief, robust mechanical performance, and guards against debris penetration.

What Are the Emerging Segments in the Connector Market?
The connector market covered in this report is segmented -

1) By Product: PCB Connectors, I Or O (Input Or Output) Connectors, Circular Connectors, Fiber Optic Connectors, RF Coaxial Connectors, Rectangular Connectors, Solar Connectors, Patchcord
2) By Material: Copper, Aluminum, Stainless Steel, Plastic, Other Materials
3) By End User: Consumer Electronics, Telecom, Automotive, Energy And Power, Aerospace And Defense, Other End Users

Subsegments:
1) By PCB Connectors: Pin Headers, Socket Connectors, Board-To-Board Connectors, Wire-To-Board Connectors
2) By I Or O (Input Or Output) Connectors: USB Connectors, HDMI Connectors, Audio Connectors, Video Connectors
3) By Circular Connectors: M Series Connectors, Latching Circular Connectors, Multi-pin Circular Connectors
4) By Fiber Optic Connectors: SC Connectors, LC Connectors, ST Connectors, MTP Or MPO Connectors
5) By RF Coaxial Connectors: BNC Connectors, SMA Connectors, F Connectors, N Connectors
6) By Rectangular Connectors: D-Sub Connectors, Modular Connectors, Terminal Block Connectors
7) By Solar Connectors: MC4 Connectors, PV Connectors, Branch Connectors
8) By Patchcord: Fiber Optic Patchcords, Ethernet Patchcords, Coaxial Patchcords

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=13826&type=smp

Who Are the Global Leaders in the Connector Market?
Major companies operating in the connector market report are Japan Aviation Electronics Industry, Ltd., Koch Industries Inc. (Molex LLC), 3M Company, Luxshare Precision Industry Co., Ltd., Prysmian Group, TE Connectivity Ltd., Yazaki Corporation, Amphenol Corporation (Amphenol RF), Nexans SA, Ametek Inc., Phoenix Contact, Molex LLC, Smiths Interconnect, ITT Inc., JAE Electronics Inc., Foxconn Interconnect Technology Limited (FIT), Hirose Electric Co. Ltd., Wurth Elektronik, AVX Corporation, Panduit, Harting Technology Group, Samtec Inc., Cinch Connectivity Solutions, Delphi Technologies, J.S.T. Mfg. Co. Ltd., Axon Cable S.A.S, CUI Global Inc.

Which are the Top Profitable Regional Markets for the Connector Industry?
Asia-Pacific was the largest region in the connector market in 2024. The regions covered in the connector market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13826

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.