Title: Industrial Connectors Market - Forecast(2021 - 2026)
1Industrial Connectors Market - Forecast(2021 -
2026)Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2021-2026
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- Industrial Connectors market size was valued at
5.3 billion in 2020, and it is estimated to grow
at a CAGR of 6.9 during 2021-2026. The growth is
mainly attributed to the increasing adoption of
IoT and automation technologies in industries is
set to drive the market growth. - ntegration of superior connector products in
automotive parts such as powertrain, safety and
body electronics is set to propel the market
growth. Additionally, increasing trend for
connected cars and the adoption of connectors in
automotive sector is set to propel the market
growth. The growing demand for safety systems
thus has a direct effect on the demand for
industrial connectors, which in turn drives
market growth.
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Key Takeaways
- Europe dominated the Industrial Connectors market
in term of revenue in 2020 owing to the presence
of major number of players. - Adoption of advanced technologies such as IoT,
automation technologies in industries and
stringent regulations to use advanced equipment
is poised to propel the market growth. - Increasing adoption of Industrial Connectors in
data centers with growing trend of 5G technology
is set to drive the market. -
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- By Distribution Channel- Segment Analysis
- PCB Connector held the major market share of
28.8 in 2020. PCB wire to board type of
connectors are used in connecting a wire to a
printed circuit board (PCB), enabling
connectivity between circuits. High adoption of
wire-to-board PCB connectors in industries such
as aerospace, military, consumer electronics,
medical, telecom and data communication
application set to drive the demand of PCB
connectors in factory automation. They can be
tested to automotive levels on shock, vibration
and temperature cycling for reliability. They
also have high durability and flexibility.
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- Industrial Connectors Market
- Industry Outlook
- TE Connectivity
- Amphenol Corporation
- Aptiv (Delphi Connection Systems)
- JST Mfg. Co. Ltd.
- Hirose Electric Co. Ltd.
- Rosenberger Hochfrequenztechnik GmbH
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Industrial Connectors Market - Forecast(2021 -
2026) Learn More About the Report _at_
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al-connectors-market.html
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- You Can Customize the Report as Per Your Need.
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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