Global Connectors Market (2020 to 2027) - Developing Markets Emerge Into the Spotlight as Future Growth Engines - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Connectors - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Connectors estimated at US$61 Billion in the year 2020, is projected to reach a revised size of US$66.9 Billion by 2027, growing at a CAGR of 1.3% over the analysis period 2020-2027.

PCB Connectors, one of the segments analyzed in the report, is projected to record a 1.5% CAGR and reach US$22 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Rectangular I/O Connectors segment is readjusted to a revised 1.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $16.6 Billion, While China is Forecast to Grow at 2.9% CAGR

The Connectors market in the U.S. is estimated at US$16.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$12.6 Billion by the year 2027 trailing a CAGR of 2.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at -0% and 1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.4% CAGR.

Circular Connectors Segment to Record 1.6% CAGR

In the global Circular Connectors segment, USA, Canada, Japan, China and Europe will drive the 1.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$3.7 Billion in the year 2020 will reach a projected size of US$4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$8.7 Billion by the year 2027, while Latin America will expand at a 2.3% CAGR through the analysis period.

Select Competitors (Total 331 Featured):

• 3M Company
• Amphenol Corp.
• Aptiv PLC
• AVX Corp.
• Carlisle Interconnect Technologies
• CommScope
• DDK Ltd.
• Esterline Technologies Corp.
• Glenair, Inc.
• HARTING Technology Group
• Hirose Electric Co., Ltd.
• Hon Hai Precision Industry Co., Ltd.
• ITT Interconnect Solutions
• Japan Aviation Electronics Industry, Ltd.
• JST Mfg. Co., Ltd.
• Molex
• ODU GmbH & Co. KG
• Rosenberger Hochfrequenztechnik GmbH & Co. KG
• Sumitomo Wiring Systems, Ltd.
• TE Connectivity Ltd.
• Weidmuller Interface GmbH & Co. KG
• Yazaki Corp.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Connectors: A Quick Market Primer
• Recent Market Activity
• Market Metrics
• Recovery in Global GDP and Outlook for Telecommunication and Automotive Sectors Promise Stronger Growth for Connectors
• Market Outlook
• Developing Markets Emerge Into the Spotlight as Future Growth Engines
• Continuing Trade War Holds Major Implications for Connector Market
• Recent Trade Actions
• Impact of New Tariffs on End-Use Markets
• Challenges
• Unorganized Market: A Threat?
• Fluctuating Raw Material Prices
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Globalization Catches Up with Connectors Market
• IC Technology: A Key Driver for Connector Technology & Demand
• Increased Focus on Product Quality & Reliability Spurs Design Improvements
• Miniaturization and High Functionality: The Ongoing Trends
• Custom Connectors: Order of the Day
• Computer Connectors Segment Sees Proliferation of Novel Technologies
• IP-Rated, RoHS-Compliant & UL Recognized Connectors Make their Way
• A Snapshot of Select IP Ratings for Connector Enclosures
• Connector Contact Materials Become a Subject for Innovation Too
• Environmental Mandates Poses Challenges for Chemicals Used in Connectors
• Sustainability: Gaining Prominence
• Trends Dominating Connection Technology
• Trend towards Miniaturization and Intensified Networking
• Connectors, Rather than Direct Wiring
• Movement towards System Solutions
• DC Replaces AC
• Coexistence of Wireless and Cable
• Next-Generation Optical Fiber Connectors Improve Performance
• Anaerobic (Epoxy/Polish) Connectors
• No-Epoxy No-Polish (NENP) Connectors
• Fusion Splice-On Connectors
• MPO/MTP Connectors
• Self-Contained Patch/Splice Modules
• Key Trends in PorTable Connectors
• High-Density Connectors
• PorTable is not Just Handheld
• RF Connector Developments
• Smaller and Flatter Battery Connectors
• Impact on Existing Form Factors
• Replacing Connectors with Wireless Solutions
• Growing Demand and Usage of Data Boosting Technological Innovation
• Fischer's Technological Innovation
• Select Innovative Connector Products Launched in the Recent Past
• ITT's PL Series Connectors
• Amphenol's 4-Channel 10G-Base-T to XAUI Connector
• Amphenol's R-VPX Series Connectors
• Molex's MXMag Gigabit Single-Port RJ45 Connector
• Molex's Impel Plus Backplane Connectors
• ODU's ODU MEDI-SNAPA Miniature Connectors
• ODU's MINI-SNAP and ODU AMC High-Density Connectors

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/u1r74v