An exciting new study from the team of Lucintel found that industrial connector market is expected to reach $8.7 billion by 2027 with a CAGR of 3.3%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The industrial connector market is segmented based on end use,and region. In this market, factory automation and machinery is expected to remain the largest end use. Players can benefit from the available opportunities like high presence of large number of players and increasing adoption of automation technologies in various industries in the region.
Green connectors to reduce greenhouse gas emissions are emerging trends having impact on dynamics of the industry.
Molex Incorporated, TE Connectivity, Amphenol Corporation, Aptiv, JST Mfg. Co. Ltd., Hirose Electric Co. Ltd., Rosenberger, Harting Technology Group, Foxconn, Sumitomo Electric, Japan Aviation Electronics Industry are some of the major players profiled in this 205 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the industrial connector market by end use (factory automation and machinery, construction and civil engineering, and energy) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the industrial connector market?
Q.4 What are some changing demands of customers in the industrial connector market?
Q.5 What are the new developments in the industrial connector market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this industrial connector area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this industrial connector market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.