An exciting new study from the team of Lucintel found that connector market is expected to reach $82.5 billion by 2027 with a CAGR of 4.2%. 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 connector market is segmented based on product type, end use industry, and region. In this market, PCB connector is expected to remain the largest product type, and transportation segment is expected to remain the largest end use industry. Players can benefit from the available opportunities like increasing automotive production, growing demand for tablets and smartphones, and growth in demand for home appliances.
Increasing demand for high speed connectors, shift towards compact and thinner connectors, and development of high power connectors are emerging trends having impact on dynamics of the industry.
TE Connectivity, Amphenol Corporation, Molex Incorporated, Hon Hai Precision Industry, Volex PLC, Japan Aviation Electronics Industry, Aptiv Plc., Hirose Electric Co., Rosenberger, Yazaki Co., Luxshare ICT, Samtec Inc. are some of the major players profiled in this 195 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 connector market by product type (PCB (Printed Circuit Board) connectors, fiber optic connectors, rectangular I/O, RF (Radio Frequency) coax, application specific connectors, circular connectors, IC (Integrated circuit) sockets, and others), end use industry (transportation, consumer electronics, computer and peripherals, industrial, telecom/datacom, and others), 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 connector market?
Q.4 What are some changing demands of customers in the connector market?
Q.5 What are the new developments in the 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 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 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.