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Card Edge Connectors Market - Industry Analysis, Growth and New Market Opportunities Explored

12-18-2017 08:38 AM CET | Associations & Organizations

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Card Edge Connectors Market - Industry Analysis, Growth and New

The card edge connectors is a series of metal tracks ending on the surface of a card, at the edge and it is plugged into a edge connector which primarily helps in data transmission The market has been segmented into by type which includes 2.54 mm pitch card edge socket, 3.96 mm pitch card edge socket, 4 mm pitch card edge socket among others. The market is also segmented into by application which includes measurement devices, communications equipment, control equipment, exchangers, measurement equipment, medical equipment, gaming machines among others. The market for card edge connectors, by geography is segmented into North America, Asia Pacific, Europe, Middle East and Africa and South America.

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The market for card edge connectors is segmented into 2.54 mm pitch card edge socket, 3.96 mm pitch card edge socket, 4 mm pitch card edge socket among others. The 2.54 mm pitch card edge socket is developed primarily for AT bus standard (ISA bus). Furthermore, the connector has 98 contacts and spacing of 2.54 mm. Right angle dip and straight dip are generally available for printed circuit board mounting. Major application area includes measure equipment, control equipment, measure devices and communication equipment among others. Prime features of the 3.96 mm pitch card edge socket include tuning fork contact where spacing is 3.96 mm primarily for printed circuit board. Moreover, major features of 4 mm pitch card edge socket include single side edge and high performance connector primarily for printed circuit board. This type of card edge connector is suitable for different application areas which include residential and industrial applications for instance, fax machines, VTR, ECR, and audio equipment.

The major application fields of card edge connectors market include measurement devices, control equipment, communication devices, medical devices, Gaming machines and exchangers among others. Growing demand for control equipment and measurement equipment in different industrial set ups are one of the prime reasons behind the rising demand for card edge connectors market. Furthermore, increasing demand for gaming devices and other high end medical devices is also contributing in the growth of this market across different regions globally. Integrity and reliability issues in designs of card edge connectors is one of the restraints may inhibit the market growth. The growing application of card edge connectors in LED lighting is boosting the market. With the growing research and development activities in this field is opening new opportunities for card edge connectors across research lab equipment. The growing advancement in the field of communication equipment and measurement devices is boosting the market for card edge connectors worldwide.

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North America and Europe is dominating the card edge connectors market globally. Rising demand for advance technology in the developing nations such as Asia Pacific is fueling the demand for the card edge connectors market. The U.S., Canada, U.K., Germany, France, Italy, China, Taiwan, Japan, South Korea, Brazil, Argentina and India are expected to witness positive growth over the forecast period from 2016 to 2024. Increasing advancement and demand for high end technology in the field of measurement equipment, control equipment, measurement devices and communication equipment is driving the market for card edge connectors market.

Research and development along with merger and acquisitions and partnership alliances are some of the major business strategies adopted by the companies operating in this industry in order to strengthen its foothold globally. New product development is another prime business strategy for better market penetration. Molex Incorporated (The U.S.), TE Connectivity Ltd (Switzerland), Amphenol Corporation (The U.S.), Cinch Connectivity Solutions (The U.S.), The 3M Company (The U.S.), HARTING Technology Group (Germany), Hirose Electric Co., Ltd. (Japan), Vishay Intertechnology, Inc. (The U.S.), AVX Corporation (The U.S.), Kycon, Inc. (The U.S.), Yamaichi Electronics Co., Ltd. (Japan), CW Industries(The U.S.), Eaton Corporation Plc (Republic of Ireland), FCI/Amphenol (The U.S.), Samtec (The U.S.) and CONEC Electronic Components GmbH (Germany) among others are some of the major players operating in the card edge connectors market.

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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