Lucintel Forecasts Connector Market to Reach $98.0 billion by 2030
Lucintel Forecasts Connector Market to Reach $98.0 billion by 2030
Blog Article
According to the recent study the Connector Market is projected to reach an
estimated $98.0 billion by 2030 from $74.1 billion in 2023, at a CAGR of 4.0% from
2023 to 2030. Growth in this market is primarily driven by growth in communication
and consumer electronics industries, miniaturization of electronic devices, and
increasing electronic content in vehicles.
Browse 95 figures / charts and 73 tables in this 231 -page report to understand
trends, opportunities and forecast in 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, APAC and the Rest of the World).
Lucintel forecasts that PCB connectors will remain the largest segment due to
growth in the computer, consumer electronics, and communication end use
industries
Transportation will remain the largest end use industry and witness the highest
growth during the forecast period due to increasing electronic content in vehicles,
increasing need for safety systems, and growing demand for hybrid and electric
vehicles.
Download sample by clicking on Connector Market
• Asia Pacific will remain the largest region, and it is also expected to witness the
highest growth over the forecast period, supported by increasing automotive
production.
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, and UCAP Power are the major
suppliers in the connector market.
This unique research report 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 write us at helpdesk@lucintel.com To get access of
more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and
robust market & unmet needs analysis. We are based in Dallas, TX and have been a
trusted advisor for 1,000+ clients for over 20 years. We are quoted in several
publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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